Select Venture Partners

Select Venture Partners, LLC is a venture capital firm founded in 2014 and based in Fredericksburg, Virginia. The firm specializes in early-stage investments, focusing on seed, post-seed, and pre-Series A funding. It targets technology companies in sectors such as cloud services, SaaS, mobile applications, data analytics, and e-commerce. Select Venture Partners primarily invests in the United States, particularly in the East Coast regions including Washington DC, Boston, Philadelphia, and New York, as well as in the Intermountain West, notably Salt Lake City. The firm aims to assist early-stage companies that are approaching a revenue run rate of $1 million, offering not only financial support but also valuable operational expertise drawn from over 100 years of combined experience and a track record of successful exits.

Sameer Shalaby

Managing Partner and Co-Founder

Adam Slovik

Managing Partner

Sol Zlotchenko

Managing Partner

22 past transactions

Optii

Series C in 2018
Optii Solutions is a company dedicated to optimizing housekeeping operations in the hotel industry. Founded in 2006 by hospitality professionals, Optii recognized the challenges faced by hotels, particularly in regions with high labor costs or workforce scarcity. The company offers innovative housekeeping and operations management software that integrates with existing operational systems, utilizing artificial intelligence, analytics, and mobile technology. This approach allows hotels to automate and enhance their housekeeping processes, leading to reduced costs, streamlined operations, and improved guest experiences. By collaborating with clients during the development of their applications, Optii ensures that its solutions are tailored to meet the specific needs of the hospitality sector, making it a key player in modernizing hotel operations.

Alef Edge

Funding Round in 2017
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Optii

Series B in 2017
Optii Solutions is a company dedicated to optimizing housekeeping operations in the hotel industry. Founded in 2006 by hospitality professionals, Optii recognized the challenges faced by hotels, particularly in regions with high labor costs or workforce scarcity. The company offers innovative housekeeping and operations management software that integrates with existing operational systems, utilizing artificial intelligence, analytics, and mobile technology. This approach allows hotels to automate and enhance their housekeeping processes, leading to reduced costs, streamlined operations, and improved guest experiences. By collaborating with clients during the development of their applications, Optii ensures that its solutions are tailored to meet the specific needs of the hospitality sector, making it a key player in modernizing hotel operations.

Geostellar

Series C in 2016
Geostellar, Inc. operates an online solar marketplace that aids homeowners and businesses in reducing electricity costs and environmental impact by finding suitable solar energy solutions. Founded in 2010 and based in Martinsburg, West Virginia, Geostellar utilizes advanced data analysis to assess renewable energy potential, infrastructure capacity, and economic viability for clean technology projects. Its platform offers a subscription service that allows solar, wind, and biofuel producers to pinpoint optimal project locations, connect with property owners, secure financing, and facilitate deployment. In addition to its marketplace, Geostellar provides comprehensive solar guides and live support through various communication channels, helping users understand the benefits of solar energy and share success stories from communities leveraging this resource.

Consensus

Venture Round in 2016
Consensus, Inc. offers a Software-as-a-Service application that streamlines B2B sales by facilitating agreement among stakeholders within the buying group. Its interactive demo automation platform personalizes video and document presentations, allowing each stakeholder to engage with the solution in a relevant manner. This approach effectively reduces sales cycles and enhances close rates. The company's Demolytics dashboard provides valuable analytics, enabling clients to identify and engage the entire buying committee by tracking their interests and interactions with the demo content. By using this platform, organizations across various sectors, including financial services, medical device manufacturing, and technology in the amusement park industry, can achieve faster purchase decisions compared to traditional sales methods. Founded in 2013 and headquartered in American Fork, Utah, Consensus was previously known as DemoChimp Inc. and rebranded in April 2016.

Optii

Series A in 2016
Optii Solutions is a company dedicated to optimizing housekeeping operations in the hotel industry. Founded in 2006 by hospitality professionals, Optii recognized the challenges faced by hotels, particularly in regions with high labor costs or workforce scarcity. The company offers innovative housekeeping and operations management software that integrates with existing operational systems, utilizing artificial intelligence, analytics, and mobile technology. This approach allows hotels to automate and enhance their housekeeping processes, leading to reduced costs, streamlined operations, and improved guest experiences. By collaborating with clients during the development of their applications, Optii ensures that its solutions are tailored to meet the specific needs of the hospitality sector, making it a key player in modernizing hotel operations.

Regalii

Seed Round in 2016
Arcus Financial Intelligence, Inc. operates a versatile application program interface (API) platform that supports banks and financial institutions in managing consumer bills and financial data. Founded in 2012 and based in New York, the company initially aimed to provide cross-border bill payment solutions under the name Regalii. However, it evolved to focus on domestic bill pay data, launching products like xData and xChange. Arcus offers real-time bill management and payment services, enabling users to gain insights into their financial obligations, including the number of bills, amounts owed, and due dates. The platform is widely used by notable fintech mobile payment applications, enhancing the accessibility and integration of financial services for consumers. Through its innovative fintech-as-a-service model, Arcus has raised significant investment from various venture capital firms and continues to drive advancements in payment solutions.

ClientSuccess

Seed Round in 2015
ClientSuccess is a customer success platform that empowers B2B SaaS companies to proactively manage post-sales customer relationships, measure customer health, maximize customer retention and growth, and drive a culture of customer success. It provides a holistic approach to managing success throughout the customer lifecycle as well as provides insights, customer analytics, and best practices that enhance the client’s company. The company also provides SuccessScore, a solution that represents the holistic health of customers; and SuccessCycle, an application that provides the framework to define, manage, and measure success throughout the entire customer lifecycle. In addition, it offers renewal management application that allows users to track customer subscriptions; customer engagement solutions; and application to helps users mitigate risk or identify opportunities for expansion and growth; an application that helps clients in tracking key contacts, users, and executive sponsors within the organization; Support View application that integrates with customer support tools to CRM, support, social, and communication platforms; and customized scorecard to track the progress of each customer. ClientSuccess was founded in 2014 and is based in Lehi, Utah.

Geostellar

Convertible Note in 2015
Geostellar, Inc. operates an online solar marketplace that aids homeowners and businesses in reducing electricity costs and environmental impact by finding suitable solar energy solutions. Founded in 2010 and based in Martinsburg, West Virginia, Geostellar utilizes advanced data analysis to assess renewable energy potential, infrastructure capacity, and economic viability for clean technology projects. Its platform offers a subscription service that allows solar, wind, and biofuel producers to pinpoint optimal project locations, connect with property owners, secure financing, and facilitate deployment. In addition to its marketplace, Geostellar provides comprehensive solar guides and live support through various communication channels, helping users understand the benefits of solar energy and share success stories from communities leveraging this resource.

CampusLogic

Series A in 2015
CampusLogic is a developer of a student financial success platform aimed at improving access to higher education for millions of students. The company provides essential tools and resources to over 750 educational institutions, enhancing enrollment, retention, and graduation rates. Its platform includes a range of features such as a net price calculator, comprehensive scholarship management, personalized digital communications, and simplified financial aid verification. Additionally, it offers 24/7 personalized virtual advising, tuition and scholarship crowdfunding, and integrated data visualizations. By automating processes and leveraging analytics, CampusLogic helps schools reduce student borrowing and lower the costs associated with financial aid administration, ultimately enabling them to connect with a broader population.

Urgently

Series A in 2015
Urgent.ly’s Roadside is a digital roadside assistance platform that features a roadside assistance industry to the benefit of global brands, roadside assistance professionals, and consumers. Its solution delivers the quickest, safest, and most innovative roadside assistance service, products and technology by combining location-based services, real-time data, AI, and machine-to-machine communication.

Miner App

Convertible Note in 2015
Miner Labs Inc. is a technology company based in New York that develops a dashboard application designed to facilitate mobile shopping at events such as games and shows. The Miner app allows users to create and manage mobile stores, enabling them to sell products, offer promotions, and engage customers through contests and giveaways. The application enhances the shopping experience by notifying users when they enter designated physical areas and tracking user interactions in real-time. Additionally, it provides features such as API integration, white-label solutions, and beacon technology to optimize the shopping process. With the goal of creating an e-commerce platform that connects users with nearby retail inventory, Miner Labs aims to transform how consumers discover and purchase items in physical locations. The company has garnered support from Simon Venture Group, which aligns with its vision of revolutionizing retail shopping experiences.

Alef Edge

Funding Round in 2015
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Consensus

Seed Round in 2015
Consensus, Inc. offers a Software-as-a-Service application that streamlines B2B sales by facilitating agreement among stakeholders within the buying group. Its interactive demo automation platform personalizes video and document presentations, allowing each stakeholder to engage with the solution in a relevant manner. This approach effectively reduces sales cycles and enhances close rates. The company's Demolytics dashboard provides valuable analytics, enabling clients to identify and engage the entire buying committee by tracking their interests and interactions with the demo content. By using this platform, organizations across various sectors, including financial services, medical device manufacturing, and technology in the amusement park industry, can achieve faster purchase decisions compared to traditional sales methods. Founded in 2013 and headquartered in American Fork, Utah, Consensus was previously known as DemoChimp Inc. and rebranded in April 2016.

PierceMatrix

Convertible Note in 2015
PierceMatrix (formerly PierceGTI) is a security product company that reduces your risk chain exposure. It shares information on known threats, learns about new threats and provides reports, dashboards and targeted recommendations to help you secure your network. Pierce uses artificial intelligence developed for the US military and a unique distributed architecture to optimize your security processes so you spend less time researching security problems and more time fixing security problems! Pierce uses the information gathered from thousands of client networks and industry data sources to detect botnets, attackers, compromised machines, and corporate IP reputation. The Pierce dashboard and reports provide you with up-to-the minute security intelligence on your risk chain.

Alef Edge

Convertible Note in 2015
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Consensus

Convertible Note in 2014
Consensus, Inc. offers a Software-as-a-Service application that streamlines B2B sales by facilitating agreement among stakeholders within the buying group. Its interactive demo automation platform personalizes video and document presentations, allowing each stakeholder to engage with the solution in a relevant manner. This approach effectively reduces sales cycles and enhances close rates. The company's Demolytics dashboard provides valuable analytics, enabling clients to identify and engage the entire buying committee by tracking their interests and interactions with the demo content. By using this platform, organizations across various sectors, including financial services, medical device manufacturing, and technology in the amusement park industry, can achieve faster purchase decisions compared to traditional sales methods. Founded in 2013 and headquartered in American Fork, Utah, Consensus was previously known as DemoChimp Inc. and rebranded in April 2016.

Urgently

Convertible Note in 2014
Urgent.ly’s Roadside is a digital roadside assistance platform that features a roadside assistance industry to the benefit of global brands, roadside assistance professionals, and consumers. Its solution delivers the quickest, safest, and most innovative roadside assistance service, products and technology by combining location-based services, real-time data, AI, and machine-to-machine communication.

Admittedly

Seed Round in 2014
Admittedly is an online college advisory platform with free tools for high school students, parents, and high school guidance counselors. The website features interactive profiles of various schools in the U.S. Its users can also reach out to current students and alumni to find information about a school and obtain advice. Admittedly launched College Visit Planner, a tool that enables students and their parents to create a plan online for visiting multiple colleges, including schedules and timetables, approximate trip costs, directions, and more. They have also recently launched their new Admittedly App, which is available for download on Apple and Android devices. The app features School Discovery and Personality Discovery sections, where students can find schools they're interested in and learn what type of student they truly are. The company is headquartered in New York, United States.

PierceMatrix

Seed Round in 2014
PierceMatrix (formerly PierceGTI) is a security product company that reduces your risk chain exposure. It shares information on known threats, learns about new threats and provides reports, dashboards and targeted recommendations to help you secure your network. Pierce uses artificial intelligence developed for the US military and a unique distributed architecture to optimize your security processes so you spend less time researching security problems and more time fixing security problems! Pierce uses the information gathered from thousands of client networks and industry data sources to detect botnets, attackers, compromised machines, and corporate IP reputation. The Pierce dashboard and reports provide you with up-to-the minute security intelligence on your risk chain.

Optii

Seed Round in 2013
Optii Solutions is a company dedicated to optimizing housekeeping operations in the hotel industry. Founded in 2006 by hospitality professionals, Optii recognized the challenges faced by hotels, particularly in regions with high labor costs or workforce scarcity. The company offers innovative housekeeping and operations management software that integrates with existing operational systems, utilizing artificial intelligence, analytics, and mobile technology. This approach allows hotels to automate and enhance their housekeeping processes, leading to reduced costs, streamlined operations, and improved guest experiences. By collaborating with clients during the development of their applications, Optii ensures that its solutions are tailored to meet the specific needs of the hospitality sector, making it a key player in modernizing hotel operations.

blaxxun interactive

Venture Round in 2001
blaxxun interactive was an early Internet company, headquartered in San Francisco. blaxxun provided 3D Virtual Worlds technology. blaxxun was initially funded by CMGI@Ventures (in the same fund as Lycos and GeoCities), with additional investors such as General Electric joining in later rounds. blaxxun was an early leader in 3D Virtual Worlds with ongoing contributions to the VRML (Virtual Reality Markup Language) standard, especially for all aspects of multi-user interaction with avatars. Customers included BMW, Canal+, CBS, Deutsche Bank, IBM, Intel, Lycos, Siemens with many spectacular and highly innovation 3D environments. The company employed various people who started highly successful companies after blaxxun, including Franz Buchenberger (co-founder and CEO of Foroso Communications), Konstantin Guericke (co-founder and VP Marketing LinkedIn), Munjal Shah (co-founder and CEO of Like.com), Mike Jetter (co-founder and CTO of Mindjet).
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