Paul Kedrosky Ph.D

Managing Partner

Norlin, Eric

General Partner

61 past transactions

XMTP

Series A in 2021
XMTP is an open, crypto-native communication protocol that connects communities, applications, and users. It was founded in 2021 and is based in Austin, Texas.

Amperon

Seed Round in 2020
Amperon is a provider of smart meters to deliver real-time energy data forecasts. There over 70M smart meters currently installed in the country, collecting 15 minute resolution electricity data for every type of ratepayer (including residential, commercial, and industrial). The data has been relatively untapped for the past decade, and Amperon is leveraging it to charge forward and bring AI to the energy world to usher in the smart grid of the future.

SkyWatch

Series A in 2020
SkyWatch provides a digital infrastructure for the distribution of Earth observation data and derived intelligence. It provides developers with the tools they need to cost-effectively add Earth observation data into their applications and workflows. The company was founded in 2014 and is headquartered in Waterloo, Ontario.

Vouched

Seed Round in 2019
Vouched develops patent-pending AI (CV/ML) to visually verify identity and onboard users in seconds. Vouched works with companies in regulated and sensitive industries including healthcare, real estate, gig and sharing, retail, operations and logistics, and financial services and banking, among others. Vouched has identified hundreds of thousands of people from around the world. It is proficient in hundreds of ID types, including all IDs in the U.S., Canada, Vietnam, and Great Britain, as well as passports for 30+ countries.

Fantasy Life

Series A in 2019
Building technology that gives the DFS, fantasy, and betting communities an outsized advantage. Leveling the playing field for the everyday bettor and player with free tools, and a robust community focused on sports betting, fantasy and DFS.

Educative

Seed Round in 2018
Educative provides personalized, adaptive courses to software developers that come with pre-configured environments in the cloud and adapt to learner’s skill level based on challenges that the learner is solving.

Groundhog

Pre Seed Round in 2018
Groundhog is the suite of tools to power the crypto subscription economy.

FØCAL

Venture Round in 2018
FØCAL launched from DARPA-funded research and work with recognized leaders like Lockheed Martin. With roots in advanced research programs at MIT and Boston University, the FØCAL team brings the experience necessary to finally fix the CV application development process for a wide range of customers, from startups to the Global Fortune 500.

SkyWatch

Seed Round in 2018
SkyWatch provides a digital infrastructure for the distribution of Earth observation data and derived intelligence. It provides developers with the tools they need to cost-effectively add Earth observation data into their applications and workflows. The company was founded in 2014 and is headquartered in Waterloo, Ontario.

Klue

Seed Round in 2017
Competitive Enablement for enterprise sales. Klue helps companies narrow their competitive revenue gap by collecting and curating intelligence from multiple sources (external and internal to the organization) and presenting organized, actionable insights. Revenue teams leverage these insights to tip competitive deals and protect clients from competitive attacks. Product marketers get superpowers to efficiently create, update and deliver differentiated messaging and content across the organization. Klue was founded in 2015 by serial entrepreneurs Jason Smith and Sarathy Naicker and has 200+ employees and 500+ clients across North America and Europe.

Metamoto

Seed Round in 2017
Metamoto brings superior simulation-centric products, services, and best practices for training, testing, developing and validating autonomous system software to world-class enterprises. Metamoto was founded in 2016 by a veteran team of enterprise software entrepreneurs with numerous software engineering and autonomous systems successes. The team features scalable continuous test and integration discipline and expertise steeped in simulation, computer vision, machine learning, standards and regulations.

RackN

Seed Round in 2016
RackN creates reusable, standardized IaC pipelines for platform and infrastructure teams, enabling collaboration, self-management and control at scale. RackN Digital Rebar standardizes the full lifecycle management of infrastructure, enabling enterprises to mitigate risk and tame automation so that they can innovate faster. Digital Rebar’s infrastructure pipeline creates a consistent, automated workflow between compute, storage, networking, security and access control.

Kepler

Seed Round in 2016
Kepler Communications is a satellite communications company that is working towards establishing an in-space telecommunications network for space-borne assets. Put simply, we are building cell phone towers in space. This infrastructure will resolve the problem of intermittent connectivity for non-geostationary satellites, will open new business opportunities that necessitate real-time connectivity to satellites, and will reduce reliance on costly and difficult to deploy ground infrastructure. The company is currently developing technologies and delivering services that solved terrestrial connectivity needs, offering terrestrial wideband and soon-to-be narrowband connectivity services for IoT applications. With Kepler's first service, named Global Data ServiceTM, they have been able to pack more Mbps into a nanosatellite than anybody else ever before. This wideband service delivers a store-and-forward type of solution for companies needing to move large quantities of delay-tolerant data from regions where connectivity is limited or non-existent. It is designed to transfer 100s of GBs of data monthly between remote locations and company headquarters or the internet. This service is available today for trials. Kepler is also developing a satellite service for Internet of Things devices – called everywhereIoTTM. A low-power, low-cost, bi-directional narrowband satellite service that will allow to connect assets all around the globe (at sea, land and even in the poles). With two satellites already in orbit, and a third scheduled for launch later in 2019, the company is currently preparing the deployment of its first LEO constellation for 2020.

Swish Analytics

Venture Round in 2016
Swish Analytics provides sports predictions and analytics by using in-depth historical data and proprietary algorithms. In the age of information overload, we do the technical heavy lifting to provide the end consumer with simplistic metrics, stats, and forecasts that matter. Its platform serves fans, bettors and media partners via licensing and subscription-based services/products.

Nima

Series A in 2016
Nima develops breakthrough consumer products that enable users to know what is in their food. Nima believes mealtime should be about the enjoyment of food and the company and not the worry about the potential repercussions of eating something unknown. Their first product is a portable device that allows people to test their food for gluten.

Understory

Series A in 2016
Understory is a weather infrastructure and analytics company that detects rain, hail, wind, and other weather events directly at the earth’s surface, where the risk to life and property is greatest. Understory builds and operates weather networks that are comprised of patented RTi weather stations, which are full-stack, rugged, tamper-proof, maintenance-free, precision weather solutions. The stations measure 50,000 times a second and power a cloud-based artificial intelligence core that stitches the measurements together to provide an unprecedented understanding of weather events. These weather networks have completely wireless data transmission and provide research-grade hail, wind, rainfall, temperature, humidity, evapotranspiration, and growing degree unit accuracy at a fraction of the cost of any other solution on the market. Understory’s technology has been perfected for worldwide deployment and is posed to radically change the way weather is understood globally. It was founded in 2012 and is currently based in Madison, Wisconsin.

MindTouch

Series A in 2016
MindTouch offers cloud software that provides self-service customer experiences that create product experts and improves marketing, sales and support. We are a leading SaaS solution for customer success/engagement management helping companies create smarter customers to accelerate the sales cycle and drive product adoption. MindTouch transforms the product and help content your company already produces into a customer engagement channel. Bring the customer record in your customer relationship management (CRM) system and the customer’s self-service behavior together for insight into their experience with your brand. Create a mobile-ready, SEO-optimized site for all of a company’s content. MindTouch can help you double organic web traffic, triple user time on your site, and reduce the bounce rate by 50%. Turn your buyers and customers into kick-ass product experts.

Socar

Series B in 2015
Socar is a Korean eco-friendly car sharing community that allows travelers to share cars with others who are traveling the same route. Socar has raised an $18 million round of funding in 2015 which was one of the highest funding deals for a South Korean startup to date. Most notably, it was led by a US investor: Bain Capital, a private investment firm with $80 billion in assets under management. Socar was founded in March 2012, and it has a website and smartphone apps that let users book cars for their own use. Service has over 1,700,000 registered users, 50,000 of whom use the service each month. Around 80,000 transactions per month — that’s more than one car booking each 30 seconds.

Spansive

Seed Round in 2015
Pi is a company that delivers a wireless charger for consumers. The company was founded in 2015 and is headquartered in San Francisco, California, United States.

StatMuse

Seed Round in 2015
StatMuse is a sports statistics website that allows users to search for players and view customizable statistics. It's a creative technology company and is the leader in conversational AI for sports. It is powered by the personalities of over 25 sports superstars, including Peyton Manning, Todd Gurley, and Scott Van Pelt, StatMuse pioneered a platform for interactive storytelling by combining artificial intelligence with dynamic animation and augmented reality to bring digital personas to life. The company was founded in 2014 by two lifelong friends and is backed by Disney, Techstars Ventures, Greycroft, the NFL Players Association, and NBA Commissioner Emeritus, David Stern.

AlphaDraft

Pre Seed Round in 2015
AlphaDraft also brought on board strategic backers in Melo7 Tech Partners (the investment shop founded by Knicks superstar Carmelo Anthony) and former NBA Commissioner David Stern.

3D Robotics

Series C in 2015
3DR makes advanced drone technology easily accessible to the construction, mining, and surveying industries for use in data analysis. It helps users in land mapping and site scanning services in collecting accurate aerial data of the Jobsite, turning urns the drone photos into maps, models, point clouds, and providing comprehensive onboarding and ongoing support, enabling clients to take the batter and informed decisions related to construction sites. It was founded in 2009 and headquartered in Berkeley, California.

Neurala

Seed Round in 2014
Neurala is the company behind The Neurala Brain—deep learning neural network software that makes smart products like cameras, robots, drones, toys and self-driving cars more autonomous and useful. Unlike traditional AI companies, which designed for super computers connected to the Internet, our first project was for NASA to be used for autonomous planetary exploration. Super computers were not available. Battery life was limited. Fast internet access was impossible. Our deep learning neural networks had to be lightweight and perform in real-time without ground intervention. With our constraints, we modeled the Neurala Brain on animal brains because animal brains are highly efficient “computers” that do more in less space and with less power consumption than the computers we use today. The brain also knows how to use eyes (cameras) and ears (microphones). This approach worked and we are now bringing The Neurala Brain to market. Our smart, fast, anywhere brain works on systems from single board computers to large servers.

3Scan

Series A in 2014
3Scan is turning tissue into bits by building robotic microscopy tools and software for large-scale sample analysis and 3D visualizations. Many diseases emerge only at a tissue level, such as cancer, heart disease, lung disease, stroke, Alzheimer's, and diabetes. 3Scan enables higher throughput, greater quantification, and broader image analysis than what is currently possible with traditional histopathology. 3Scan's data-driven approach is expanding our understanding of tissue biology and will lead to the discovery of new diagnostics and therapeutics. The company was founded in 2011 and is headquartered in San Francisco, California.

Blockstream

Seed Round in 2014
Blockstream is a blockchain technology supplier that has remained at the forefront of cryptography and distributed system research. Their products and services form the foundation for the financial infrastructure of the future. Blockstream offers a range of key products and services designed to enhance Bitcoin and blockchain functionality. Notable offerings include Blockstream Satellite, which broadcasts the Bitcoin blockchain via satellite for users without internet access, and the Liquid Network, a sidechain solution that enables faster and more confidential transactions. Their Green Wallet is a non-custodial Bitcoin wallet focused on security and user control. Additionally, Blockstream provides blockchain APIs for developers to integrate blockchain functionalities into their applications, along with solutions for efficient Bitcoin mining operations. They also focus on cryptographic proofs to enhance privacy and security in transactions. Together, these products aim to improve the usability and capabilities of Bitcoin and blockchain technologies.

Numerous

Seed Round in 2014
Numerous, Inc. is a technology company based in Austin, Texas, founded in 2013, that provides a mobile application designed to help users track and share various personal metrics, such as stock prices, weather, physical activity, and more. The application allows users to configure notifications for changes in these metrics and facilitates sharing on social media platforms. Numerous also focuses on enabling users to create detailed personal data profiles, which are used to connect them with brands through artificial intelligence. This connection allows users to consensually share their data and insights, in return receiving tailored deals and financial rewards. The company aggregates personal and marketing data, offering partner brands valuable insights for market research. Numerous aims to empower users to realize the value of their data in an increasingly data-driven economy, tapping into significant market opportunities in both the UK and the US.

Lenda

Seed Round in 2014
Lenda is a financial services company that specializes in the fields of home loan, no fee, and cash-out refinancing. It offers an online platform that enables individuals to refinance their home loans online. It was founded in 2011 and headquartered in San Francisco, California.

Nima

Seed Round in 2014
Nima develops breakthrough consumer products that enable users to know what is in their food. Nima believes mealtime should be about the enjoyment of food and the company and not the worry about the potential repercussions of eating something unknown. Their first product is a portable device that allows people to test their food for gluten.

Pogoseat

Seed Round in 2014
Pogoseat is an enterprise solution that develops cutting-edge technology company intended to enhance fan engagement with AI-driven personalization and a frictionless buying process. It creates new revenue streams and data for our partners by providing a white-labeled system and mobile ticketing tools such as seat upgrade technology, text-to-buy, and subscription pass, enabling sports teams, concert venues, ticket brokers, and promoters to increase engagement, monetize unused inventory, and gather data to improve the fan experience.

Guesty

Seed Round in 2014
Guesty is a property management platform that provides end-to-end property management software for short-term rentals. The Guesty platform provides property managers and management companies with an end-to-end solution to simplify the complex operational needs of short-term rentals. With Guesty, users across the globe can seamlessly manage listings from multiple online travel agencies including Airbnb, Booking.com, Agoda and more, by utilizing the company’s advanced tools which include: Channel Manager, Unified Inbox, Multi-Calendar, Mobile Management App, Automation Tools, 24/7 Guest Communication Services, Payment Processing, Owners Portal and more.

Rachio

Convertible Note in 2014
Rachio is a Denver-based software and hardware company focused on improving the water efficiency of homes. The company's Smart Controller enables to control outdoor sprinkler system from the palm of the user's hand, using a WiFi-enabled iOS or Android device. Rachio’s cloud-based software allows customers to manage their sprinkler systems from anywhere.

Understory

Seed Round in 2014
Understory is a weather infrastructure and analytics company that detects rain, hail, wind, and other weather events directly at the earth’s surface, where the risk to life and property is greatest. Understory builds and operates weather networks that are comprised of patented RTi weather stations, which are full-stack, rugged, tamper-proof, maintenance-free, precision weather solutions. The stations measure 50,000 times a second and power a cloud-based artificial intelligence core that stitches the measurements together to provide an unprecedented understanding of weather events. These weather networks have completely wireless data transmission and provide research-grade hail, wind, rainfall, temperature, humidity, evapotranspiration, and growing degree unit accuracy at a fraction of the cost of any other solution on the market. Understory’s technology has been perfected for worldwide deployment and is posed to radically change the way weather is understood globally. It was founded in 2012 and is currently based in Madison, Wisconsin.

Firefly

Venture Round in 2014
Firefly Aerospace, founded in 2017 and headquartered in Cedar Park, Texas, focuses on providing low-cost, high-performance launch capabilities for the small satellite market. Recognizing the growing significance of small satellites, the company designs and manufactures orbital launch vehicles that utilize common technologies for economical access to space. Their rockets are engineered to accommodate payloads ranging from one to four metric tons and are intended to support frequent launch opportunities. Firefly's innovative approach includes plans for reusable components and air-breathing propulsion in future vehicles, enhancing their capabilities and offering a pathway for incremental technological advancements. By facilitating affordable rides to space, Firefly aims to enable the advancement and demonstration of various technologies, thereby supporting the development of new satellite systems that promise improved redundancy and regular updates.

Wealthfront

Series C in 2014
Wealthfront integrates investing and saving products to help young professionals build long-term wealth in any market condition. Through the power of software, the company delivers high-yield saving, diversified investing, and low-cost loans to help both sophisticated and new investors learn, lower costs, and grow wealth. Wealthfront is one of the highest rated financial apps in the Apple App Store and has been named Best Automated Investment App, Best Overall Robo-Advisor, and Best Robo-Advisor for Goal Planning by Investopedia (2022), Best Cash Management Account and Best Investing App by Bankrate (2023), Best Robo-Advisor for Portfolio Options by NerdWallet (2023), and Best Robo-Advisor for DIY Financial Planning by Forbes (2023). The company currently oversees more than $30 billion for over 500,000 clients in the US.
bounce.io is an online tool that provides its users with information about email bounces. The tool enables its users to search for their bounce type using keywords or error codes. It would then provide its users with insights on the type of email bounces they are encountering. bounce.io was launched in 2013 by Scott Brown and is based in Colorado.

Remitly

Series A in 2014
Remitly is a mobile payment service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $588 billion a year industry by using the latest technology and mobile devices to eliminate unnecessary forms, codes, agents, extra time, and fees tied to the traditional money transfer process. As a licensed money transmitter, Remitly currently operates in 49 states and Washington, D.C., and spends millions of dollars to thousands of customers each month. Remitly is backed by Stripes Group, DFJ, Vulcan Capital, QED, Trilogy Equity Partners, DN Capital, Founders Co-Op, Bezos Expeditions, and TomorrowVentures.

ONtheGO Platforms

Seed Round in 2014
ONtheGO Platforms is a developer of software applications for smart glasses. It offers a gesture recognition software that turns any mobile device with a standard camera into a gesture interface, for runners, and endurance athletes. It was founded in 2012 and is headquartered in Portland, Oregon.

Shippable

Seed Round in 2013
Shippable helps companies ship code faster by giving them a powerful continuous integration platform built natively on Docker. It helps to automate CI/CD and DevOps activities and create streamlined workflows across teams and tools. It was founded in 2013 and headquartered in Seattle, Washington.

Revolv

Series A in 2013
Revolv is a monitoring and control system that allows users to control their connected devices from a single hub. It provides a home monitoring and control solution that connects various wirelessly-enabled household items. The solution connects hundreds of wirelessly-enabled household items that are readily available from retailers such as Amazon, Home Depot, Lowe’s, and Best Buy, and intelligently integrates them regardless of different manufacturers or wireless protocols used. Revolv’s gateway and web services allow homeowners to manage and control their devices from their smartphones, home, or away. The company’s cloud-based software connects with various wireless products such as lights, locks, sensors, and streaming entertainment systems; and enables consumers to setup communicating products, and automate and control them from an application on various mobile devices. Revolv was formerly was founded in 2012 and is based in Boulder, Colorado.

Liftopia

Series D in 2013
Liftopia operates the largest online and mobile marketplace as well as the largest technology platform serving the ski and mountain activity industry. With deals up to 85% off at approximately 250 alpine resorts across North America, Liftopia allows skiers and boarders to buy date-specific lift tickets and on-mountain activities in advance via Liftopia.com and the Liftopia mobile app. Liftopia also provides resorts with software and data analytics through Cloud Store by Liftopia, a SaaS e-commerce engine, which allows resorts to leverage Liftopia’s platform tools to manage inventory, pricing, and online distribution through their own branded websites and mobile channels. Liftopia’s technology has helped evolve the ski industry to adopt more control over advance-purchase pricing, much like airlines and hotels have done for decades, to most efficiently price through periods of highly variable demand. Liftopia was co-founded in 2005 by two former Hotwire.com employees Evan Reece and Ron Schneidermann. It is headquartered in San Francisco and backed by leading institutional and angel investors.

Ministry of Supply

Seed Round in 2013
Ministry of Supply is creating a new category of clothing, performance professional performance clothes for the workday. It uses an innovative materials and purposeful design to solve the everyday problems that traditional clothing presents. It was founded in 2012 and headquartered in Boston, Massachusetts.

3D Robotics

Series B in 2013
3DR makes advanced drone technology easily accessible to the construction, mining, and surveying industries for use in data analysis. It helps users in land mapping and site scanning services in collecting accurate aerial data of the Jobsite, turning urns the drone photos into maps, models, point clouds, and providing comprehensive onboarding and ongoing support, enabling clients to take the batter and informed decisions related to construction sites. It was founded in 2009 and headquartered in Berkeley, California.

OpenROV

Seed Round in 2013
OpenROV is the creator of low cost robotic submarines intended to make underwater exploration accessible to everyone. With a depth capability of 100m, the OpenROV kit, as well as the upcoming ready-to-fly OpenROV Trident are able to see parts of the world that have never been explored before. The aspiration of OpenROV is to not only change how many discoveries are being made about the least-known part of the planet, but also change who it is making those discoveries.

Skycatch

Series A in 2013
Skycatch builds technology to autonomously capture, process, and analyze 3D drone data to provide companies with an accurate visualization of the physical world. It is the leading industrial data collection and analytics company, focused on indexing and extracting critical information from the physical world. They use a combination of hardware, software, and artificial intelligence to deliver high precision data at unprecedented speed and ease of use. It was incorporated in 2013 and is based in San Francisco, California.

Promoboxx

Seed Round in 2012
Promoboxx is a software platform for brands to engage their independent retailers with brand-compliant digital marketing, driving better business outcomes by reaching the right consumers via the trusted channel of brands’ local retailers. With Promoboxx, channel managers and brand marketers can easily organize and engage their retailer networks; build, manage, and optionally fund organic and paid digital campaigns through their local retailers; then report and assess the business outcomes and KPIs. Over 85 leading brands including The North Face, New Balance, and Chevrolet have used Promoboxx to deliver more than 3 million campaigns across over 27,000 retailers.

3D Robotics

Series A in 2012
3DR makes advanced drone technology easily accessible to the construction, mining, and surveying industries for use in data analysis. It helps users in land mapping and site scanning services in collecting accurate aerial data of the Jobsite, turning urns the drone photos into maps, models, point clouds, and providing comprehensive onboarding and ongoing support, enabling clients to take the batter and informed decisions related to construction sites. It was founded in 2009 and headquartered in Berkeley, California.

Revolv

Seed Round in 2012
Revolv is a monitoring and control system that allows users to control their connected devices from a single hub. It provides a home monitoring and control solution that connects various wirelessly-enabled household items. The solution connects hundreds of wirelessly-enabled household items that are readily available from retailers such as Amazon, Home Depot, Lowe’s, and Best Buy, and intelligently integrates them regardless of different manufacturers or wireless protocols used. Revolv’s gateway and web services allow homeowners to manage and control their devices from their smartphones, home, or away. The company’s cloud-based software connects with various wireless products such as lights, locks, sensors, and streaming entertainment systems; and enables consumers to setup communicating products, and automate and control them from an application on various mobile devices. Revolv was formerly was founded in 2012 and is based in Boulder, Colorado.

Double Robotics

Seed Round in 2012
Double Robotics is the creator of Double, the world’s leading telepresence robot. We help telecommuters feel more connected to their colleagues by giving them a physical presence wherever they need to be. Having your own Double in the office means you can be free to roam around anywhere without scheduling a call or meeting. Double takes everything you love about video calls on an iPad and puts that on a mobile base that puts the remote worker in control. By combining cutting edge technology with an intuitive, elegant design, Double is the ultimate tool for telecommuters. Our mission is to connect the world through remote experiences.

Wantering

Seed Round in 2012
Wantering is a fashion discovery tool that allows you to discover and buy clothing from across a curated list of boutiques, flash sales sites, and major retailers all in one place.

Premise Data

Seed Round in 2012
Premise is a data and analytics platform that empowers decision-makers with real-time, actionable intelligence. By combining the power of a global network of on-the-ground contributors with industry-leading data science and machine learning Premise is ‘The Source of Ground Truth.’ A $66M Series C venture capital organization, we are backed by Valor Equity Partners, Social Capital, Google Ventures, and Andreessen Horowitz, among others. Premise is headquartered in San Francisco, California with offices in Washington, D.C., Seattle, and Portland.

Cloudability

Series A in 2012
Cloudability is a financial management tool for monitoring and analyzing cloud expenses across any organization. Its platform aggregates expenditures into accessible and comprehensive reports that identify and allocate cloud costs using accurate, precise data in real-time using enterprise-scale analysis and machine learning that enables IT, finance, and other business teams to get a real-time understanding of cloud spending, down to the penny, and continual optimization of cloud costs. Cloudability was established in 2011 and is headquartered in Portland, Oregon.

Fideo Intelligence

Series A in 2012
Fideo’s powerful intelligence identifies more accurate digital personas by fusing digital, transactional, behavioral, device-related, geospatial, and historical fraud data together to give platforms the ammunition needed to keep pace with potential fraudsters. The company’s proven, patented continuous learning engine offers a sophisticated approach to analyzing interconnected data, in which businesses can uncover anomalies and patterns, enhancing the ability to identify and prevent fraud.

Keen

Seed Round in 2012
Keen is the embedded analytics API that makes shipping custom user-facing analytics easy and seamless. It develops tools and infrastructure to help developers deliver in-product analytics to their customers. Its platform can handle all aspects of event data management, from collection to application. Keen enables users to stream, store, query, and present data all in one place and get a competitive advantage over the competition. The company was founded in 2011 and is headquartered in San Antonio, Texas.

Circa

Convertible Note in 2012
Circa is an innovative online platform that specializes in delivering news tailored specifically for mobile devices. Recognizing the shift in how consumers access information, the company has developed a unique format that offers concise and engaging news updates, enhancing the mobile user experience. By reimagining the way news is produced and consumed, Circa provides a comprehensive yet straightforward approach to content that resonates with the increasing number of individuals who rely on mobile for their news. Founded in 2011 by Matt Galligan, Ben Huh, and Arsenio Santos, Circa aims to transform the traditional news experience into one that is intuitive and effective for mobile users.

Remitly

Seed Round in 2012
Remitly is a mobile payment service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $588 billion a year industry by using the latest technology and mobile devices to eliminate unnecessary forms, codes, agents, extra time, and fees tied to the traditional money transfer process. As a licensed money transmitter, Remitly currently operates in 49 states and Washington, D.C., and spends millions of dollars to thousands of customers each month. Remitly is backed by Stripes Group, DFJ, Vulcan Capital, QED, Trilogy Equity Partners, DN Capital, Founders Co-Op, Bezos Expeditions, and TomorrowVentures.

Promoboxx

Seed Round in 2011
Promoboxx is a software platform for brands to engage their independent retailers with brand-compliant digital marketing, driving better business outcomes by reaching the right consumers via the trusted channel of brands’ local retailers. With Promoboxx, channel managers and brand marketers can easily organize and engage their retailer networks; build, manage, and optionally fund organic and paid digital campaigns through their local retailers; then report and assess the business outcomes and KPIs. Over 85 leading brands including The North Face, New Balance, and Chevrolet have used Promoboxx to deliver more than 3 million campaigns across over 27,000 retailers.

Liftopia

Series C in 2011
Liftopia operates the largest online and mobile marketplace as well as the largest technology platform serving the ski and mountain activity industry. With deals up to 85% off at approximately 250 alpine resorts across North America, Liftopia allows skiers and boarders to buy date-specific lift tickets and on-mountain activities in advance via Liftopia.com and the Liftopia mobile app. Liftopia also provides resorts with software and data analytics through Cloud Store by Liftopia, a SaaS e-commerce engine, which allows resorts to leverage Liftopia’s platform tools to manage inventory, pricing, and online distribution through their own branded websites and mobile channels. Liftopia’s technology has helped evolve the ski industry to adopt more control over advance-purchase pricing, much like airlines and hotels have done for decades, to most efficiently price through periods of highly variable demand. Liftopia was co-founded in 2005 by two former Hotwire.com employees Evan Reece and Ron Schneidermann. It is headquartered in San Francisco and backed by leading institutional and angel investors.

Fideo Intelligence

Seed Round in 2011
Fideo’s powerful intelligence identifies more accurate digital personas by fusing digital, transactional, behavioral, device-related, geospatial, and historical fraud data together to give platforms the ammunition needed to keep pace with potential fraudsters. The company’s proven, patented continuous learning engine offers a sophisticated approach to analyzing interconnected data, in which businesses can uncover anomalies and patterns, enhancing the ability to identify and prevent fraud.

Kinvey

Seed Round in 2011
Kinvey is the first Backend as a Service that makes it ridiculously easy for developers and enterprises to set up and operate a cloud backend for their mobile, tablet, and web apps. Its service lets app developers spend 100% of their time on their mobile applications. They don't have to worry about connecting to various cloud services or enterprise backend systems, setting up servers for their backend, or maintaining and scaling them. With Kinvey, developers just model their cloud backend needs and we auto-generate all the APIs they would need to access their data from any mobile, web, or computing platform. Developers then grab their APIs and connect to them directly or through native iOS, Android, JavaScript, etc., libraries that we provide. Kinvey is based in Boston, Massachusetts.

Sphero

Series B in 2011
Sphero bridges the gap between the real world and the virtual world with its smartphone-controlled robots. It began the connected play revolution in 2010 by creating something unlike anything and they never stopped. They fuse robotic and digital technology into immersive entertainment experiences that ignite imagination and defy expectations. Optimized by data and powered by fun, these ever-evolving experiences are changing the way the world thinks about play.
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