Project 11 Ventures

Project 11 seeks to lead a startup’s first “outside capital” round, ranging in sizes of less than $500k up to $1.5M. Post investment, the P11 partners actively collaborate with founders to accelerate growth in company value. Criteria for investment include founder domain knowledge, a demonstrated ability to lead and execute, robust team dynamics along with, of course, a business opportunity that allows rapid growth and scale.

26 past transactions

Mightier

Series A in 2019
Mightier is a gaming platform and family program scientifically-proven to help kids regulate their emotions. It is a bioresponsive program that harnesses the mind-body connection to build emotional regulation in its players. Its program of bioresponsive video games, developed at Boston Children's Hospital and Harvard Medical School, aims to help children with behavioral and emotional challenges learn how to harness emotions in daily life. Mightier was founded in 2016 and is headquartered in Boston, Massachusetts.

Forge.AI

Series A in 2018
Forge.AI's platform performs real-time monitoring of global information and is transformed and enriched by NLP technology and Knowledge Base before being syndicated into structured and machine-readable data feeds, allowing clients to access structured information that is written for human consumption.

Mightier

Seed Round in 2018
Mightier is a gaming platform and family program scientifically-proven to help kids regulate their emotions. It is a bioresponsive program that harnesses the mind-body connection to build emotional regulation in its players. Its program of bioresponsive video games, developed at Boston Children's Hospital and Harvard Medical School, aims to help children with behavioral and emotional challenges learn how to harness emotions in daily life. Mightier was founded in 2016 and is headquartered in Boston, Massachusetts.

Sentenai

Seed Round in 2017
Sentenai is cloud service that connects intelligent systems to the data they need to make better decisions in real-time. Sentenai’s product combines distributed systems and applied machine learning to automatically organize sensor data streams, making them searchable in real-time. Sentenai is an early-stage startup building data infrastructure for machine learning and predictive applications.

Tomorrow.io

Seed Round in 2017
Tomorrow.io develops a SaaS Weather intelligence platform that provides real-time weather forecasts. Fully customizable to any industry impacted by the weather, customers around the world including the NFL, Uber, Delta, Ford, National Grid, and more use Tomorrow.io to dramatically improve operational efficiency. Tomorrow.io was built from the ground up to help teams predict the business impact of weather, streamline team communication and action plans, improve productivity, and optimize profit margins. Tomorrow.io has operations across North America, Latin America, Europe, and Asia.

TellusLabs

Seed Round in 2017
TellusLabs combines decades of satellite imagery with a machine learning platform to answer critical, time-sensitive economic and environmental questions. They focus on high-value sectors where they can reduce their customers’ uncertainty with results that are science-quality, global-scale, and daily-repeat. Their technology allows TellusLabs data scientists to go from concept to a customer-ready signal at an unprecedented pace. Kernel, TellusLabs' flagship product, consistently predicted USDA's final 2016 corn and soy yield report ahead of all publicly available in-season forecasts.

Airfox

Seed Round in 2016
Airfox is on a mission to accelerate financial inclusion for the underbanked within emerging economies. Airfox aims to create an entirely new financial services model for the underbanked that democratizes access to capital and financial services with a mobile-first solution. Airfox is a venture-backed, financial technology company based in Boston and São Paulo. To learn more about the future of decentralized digital banking, visit www.airfox.com.

Wise Systems

Venture Round in 2016
Wise Systems builds autonomous dispatch and routing software that uses machine learning to continuously improve fleet efficiency and customer service across last-mile operations in food, beverage, courier, energy, field service, and other markets. Used by some of the world’s largest brands, Wise Systems customers typically see 10-15% mileage reductions, significant increases in fleet utilization, and up to 80% decreases in late deliveries. The Wise Systems platform applies software-based logic to all orders and makes intelligent, data-driven decisions to optimize both fleet performance and customer service — processing millions of data points and making thousands of real-time decisions that would be impossible for even the most experienced human dispatcher. The system automatically schedules routes, monitors routes in progress, and intelligently adjusts to day-of delays on the ground. The company was founded out of the MIT Media Lab and Center for Transportation Logistics in 2014 and is headquartered in Boston, Massachusetts.

RadioPublic

Seed Round in 2016
RadioPublic is a game-changing resource for startup capital, resources, and expertise for podcasters. We help you discover new podcasts and make it easy to hear all your favorites too.

Airmada

Seed Round in 2016
Airmada builds automated ground stations for drones. These ground stations protect the drone, replace its batteries and launch missions. Airmada deploys ground stations at the clients' sites. Once deployed, the ground stations provide persistent drone coverage and availability. The automated ground stations allow operating missions without any human physical presence, thus reducing the price of drone enabled services dramatically.

Elemental Machines

Seed Round in 2016
Elemental Machines is revolutionizing science-based industries with a smart lab platform that offers powerful, data-driven insights to improve laboratory operations, research, development, and manufacturing outcomes. Continuously monitoring equipment and environmental variables provides new levels of clarity, transparency, consistency, and improved repeatability and gathers new data sets for advanced analytics.

Sentenai

Seed Round in 2016
Sentenai is cloud service that connects intelligent systems to the data they need to make better decisions in real-time. Sentenai’s product combines distributed systems and applied machine learning to automatically organize sensor data streams, making them searchable in real-time. Sentenai is an early-stage startup building data infrastructure for machine learning and predictive applications.

DipJar

Seed Round in 2015
DipJar is changing the game of fundraising. Their integrated platform, apps, and connected devices create giving moments and enable cashless generosity for engaging, and frictionless donations. It enables a one-step collection of credit card donations through its easy-to-use and unique hardware.

AlphaSheets

Seed Round in 2015
AlphaSheets seeks to bring the Apple/Slack ethos of intuitive, beautiful computing to currently unintuitive applications. Our main product, AlphaSheets, seeks to eliminate all the problems that plague spreadsheets in the enterprise.

TVision

Seed Round in 2015
TVision is an audience measurement company that provides information on TV and cable television viewer engagement. It provides second-by-second, person-level data on how people watch TV, including who is watching, what they are watching, and how much attention they are paying to both linear and streaming TV. TVision data is used by advertisers, agencies, networks, streaming content providers, measurement companies, and data platforms to make more informed media decisions, measure performance, create engaging content, and benchmark their results against competitors. TVision was founded in 2014 and is based in New York City and has offices in Boston and Tokyo.

Volta Networks

Seed Round in 2015
Volta Networks delivers a cloud-native routing engine that reduces cost by an order of magnitude by using the cloud to optimize routing for low cost, white box switches. Volta enables a much lower cost by virtualizing and scaling the routing control plane while using automation to accelerate new network services.

Dataquest

Seed Round in 2015
Dataquest teaches data science interactively online. We've helped >500k students advance their careers by learning skills and building projects.

MoveWith

Seed Round in 2015
MoveWith provides a personalized audio fitness studio. It features an audio fitness app igniting the mind, body, and soul.

LibertyX

Seed Round in 2015
LibertyX is America's oldest and largest network of bitcoin ATMs, cashiers, and kiosks. With thousands of locations across 43 states, consumers can buy bitcoin in-person with cash and debit cards. It was founded in 2013 and is headquartered in Boston, Massachusetts.

Rest Devices

Seed Round in 2015
Rest is leading the market in connected devices for the nursery. Its first product, Mimo, is the first in-market smart wearable baby monitor, pushing data on respiration, body position, skin temperature, audio, and activity level real-time to a parent’s smartphone. The Mimo is a onesie-based product, so integrates simply and naturally into a baby’s sleeptime routine. Fundamentally, they believe in building smart, reliable, easy-to-use products that simplify parents’ lives. They’ve focused on setting high standards not only in terms of product and technical responsiveness, but also in how they engage with their users and the parenting community on the whole. And they think they’re busting through those bars.

DipJar

Seed Round in 2014
DipJar is changing the game of fundraising. Their integrated platform, apps, and connected devices create giving moments and enable cashless generosity for engaging, and frictionless donations. It enables a one-step collection of credit card donations through its easy-to-use and unique hardware.

Alchemista

Seed Round in 2014
Alchemista provides an online catering service to curate the enhanced food experiences for the most intrepid companies. They offer a large variety of restaurants and eating options for them to choose from. They’ll handle the delivery, the setup, and the coordination. The Boston community is overflowing with great restaurants. They pre-screen all of the restaurants – not just for the quality of their food – but for the quality of their service. That way when people do business with them, they’ll know they’re ordering from restaurants that not only cook delicious food but have the means and wherewithal to get the food to them quickly and prepared it the right way.

Spindle

Venture Round in 2012
Spindle is a geo-restricted mobile app that provides information and updates on public events and places shared on Facebook and Twitter.

Adelphic

Seed Round in 2012
Adelphic is a leading people-based cross-channel demand-side platform. Adelphic provides an enterprise-ready self-service software solution for agencies, brands and other large media buyers to make meaningful engagements with consumers across all devices and formats. The company’s platform is fully RTB-enabled and delivers global scale through access to all leading inventory providers.

Adelphic

Seed Round in 2011
Adelphic is a leading people-based cross-channel demand-side platform. Adelphic provides an enterprise-ready self-service software solution for agencies, brands and other large media buyers to make meaningful engagements with consumers across all devices and formats. The company’s platform is fully RTB-enabled and delivers global scale through access to all leading inventory providers.

Locately

Angel Round in 2010
Locately is pioneering the science of Location Analytics. Locately's software analyzes semi-continuous GPS data from mobile phones to better understand what consumers do and how they shop.
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