Honeycomb Credit
Seed Round in 2024
Honeycomb Credit, Inc. operates a peer-to-peer lending platform that connects small business owners with individual investors seeking to fund those businesses. Founded in 2017 and based in Pittsburgh, Pennsylvania, the company allows businesses to secure loans from their own customers and community members, facilitating debt crowdfunding. This innovative approach enables small businesses to obtain necessary capital without relinquishing equity, thus supporting their growth while providing a unique investment opportunity for lenders. By bridging the gap between traditional funding sources and community support, Honeycomb Credit enhances access to financial resources for small enterprises.
Conservation Labs
Series A in 2024
Conservation Labs, Inc., founded in 2016 and based in Brownsville, Pennsylvania, specializes in smart water technology aimed at reducing water consumption and detecting leaks. The company's flagship product, a non-invasive smart water meter, can be easily attached to any water pipe and works in conjunction with a dedicated application. This system allows property owners to monitor their water usage, identify potential leaks, and assess appliance consumption. By providing actionable insights into water use, Conservation Labs seeks to address the significant issue of excessive water consumption in the U.S., estimated at over 3 trillion gallons annually, which incurs substantial costs. Through its innovative solutions, the company aims to help users save money while promoting responsible management of water resources.
SHARE Mobility
Series A in 2022
SHARE Mobility is a provider of transportation solutions aimed at enhancing employee retention and filling open jobs by offering transportation as a benefit. The company has developed a transit planning software that addresses transportation barriers faced by frontline workers. This software includes features such as integrated mobility planning, simulation, on-demand micro-transit, routing, and a mobility data exchange. By delivering comprehensive multi-modal transit and mobility management solutions, SHARE Mobility enables brands and employers to equip their workforces and communities with reliable transportation options, thereby improving access to employment opportunities.
Elemeno Health
Series A in 2022
Elemeno Health, Inc. is a healthcare technology company that provides a mobile software platform aimed at reducing medical errors and enhancing patient safety in hospitals and medical centers. Established in 2016 and based in Oakland, California, Elemeno Health offers a team-based medical information platform that acts as a personal assistant for healthcare professionals, empowering them with access to current practices, checklists, and instructional videos. The platform focuses on closing the knowledge-practice gap at the frontlines by delivering context-driven microlearning and transforming complex procedures into manageable steps. Additionally, it incorporates gamification and recognition features to engage staff and facilitate on-demand training for both on-site and remote caregivers. By improving practice consistency and accelerating the adoption of best practices, Elemeno Health has significantly contributed to better healthcare outcomes and operational efficiency in the medical field.
Beem is an innovative financial technology company that offers an instant cash app targeted primarily at working-class Americans. By leveraging artificial intelligence, Beem addresses the financial challenges faced by individuals earning below the 80th income percentile, particularly those without access to credit cards or sufficient income to manage cash flow mismatches for everyday expenses. The application enables users to obtain quick cash without interest, significantly easing the financial strain related to essential services, which can cost upwards of $1,400 monthly. Beem aims to integrate various segments of the informal economy into the formal economy, providing financial solutions that benefit a diverse user base, including immigrants, gig workers, and seasonal earners. With plans to expand its impact internationally, Beem is poised to address financial inequities, beginning with efforts in the United States and future initiatives in India.
Upswing International
Series A in 2021
Upswing International, Inc., established in 2013 and headquartered in Austin, Texas, specializes in providing an online collaboration platform for academic support to schools. The company's core offerings include AdviseUp, MentorUp, and TutorUp, which facilitate student-advisor, student-mentor, and student-tutor interactions respectively. Additionally, Upswing provides comprehensive analytics and a virtual learning center to college administrators. By integrating various student support operations into a single, user-friendly platform, Upswing aims to enhance student retention and success.
Solstice
Venture Round in 2021
Solstice is a company dedicated to making renewable energy accessible to all Americans through community-shared solar power. Founded in 2016 and headquartered in Cambridge, Massachusetts, Solstice provides comprehensive customer solutions for shared solar, including subscriber aggregation and management services aimed at solar developers, utilities, and other providers. By employing community organizing techniques along with its innovative online marketplace, Solstice aggregates consumer demand to facilitate the deployment of community solar projects. This approach enables renters and homeowners with non-optimal roofs to participate in solar energy, allowing them to save on utility bills without upfront costs. Solstice is driven by a commitment to energy equity, striving to ensure that affordable renewable energy is available to every household, regardless of income or credit status. The company has been recognized with multiple awards for its contributions to clean energy and entrepreneurship.
Cecelia Health
Series B in 2020
Cecelia Health, Inc. is a technology-enabled company based in New York that specializes in remote telehealth support and chronic disease management, particularly focusing on diabetes care. Founded in 2006 and formerly known as Fit4D, the company provides clinical support and coaching services for individuals with Type 1 and Type 2 diabetes, as well as those managing other chronic conditions such as obesity and cardiovascular disease. Cecelia Health combines expert clinical coaching with digital health tools to enhance patient adherence to medications and wellness programs. The company's approach emphasizes personalized coaching and patient engagement, utilizing both virtual care and telehealth solutions to improve health outcomes. Through its services, Cecelia Health aims to transform the lives of its patients by fostering better self-management and promoting positive behavior changes.
Yellowdig
Venture Round in 2020
Yellowdig is a technology company founded in 2015 and headquartered in Philadelphia, Pennsylvania. It specializes in developing a social learning platform tailored for higher education institutions. The platform enhances existing enterprise learning systems by adding a social layer that fosters peer learning and collaboration among students. By creating a secure and private environment, Yellowdig promotes engaging learning experiences while enabling instructors and learners to interact effectively. The platform not only facilitates knowledge sharing but also encourages student engagement and retention, ultimately transforming traditional classrooms into vibrant collaborative learning communities.
Reconnect
Seed Round in 2020
Reconnect, Inc. is a Public Benefit Company based in Cumberland Center, Maine, with additional offices in Portland, Maine; Brooklyn, New York; and Boston, Massachusetts. Founded in 2009, the company operates a platform that integrates software, hardware, and data to enhance outcomes for individuals involved in the criminal justice system, particularly those facing addiction. Reconnect focuses on providing ongoing support during pretrial, reentry, and recovery, with its solutions utilized by drug courts, probation, parole, and third-party administrators. The company's monitoring and communication application streamlines remote supervision by offering features such as IVR call-in notifications, GPS curfew checks, and appointment reminders, thereby helping clients meet their obligations and reduce the likelihood of recidivism. Reconnect is committed to promoting positive social impact by advocating for reduced incarceration rates and lower costs for defendants.
Nepris Inc. is a cloud-based platform that connects educators with industry professionals, enhancing the relevance of curriculum topics for students from K-16 and beyond. Founded in 2013 and based in Austin, Texas, Nepris matches the expertise of industry professionals with specific learning objectives, facilitating virtual interactions that bring real-world experiences into the classroom. The platform enables professionals to engage with students through discussions, project mentoring, virtual tours, mock interviews, and workplace experiences, thereby bridging the gap between education and industry. This innovative approach allows educators to leverage industry connections effectively, fostering engagement and providing students with valuable insights into potential career paths.
MoCaFi is a developer of a personal finance platform focused on enhancing the financial well-being of underbanked communities. The company utilizes mobile technologies and data analytics to offer a range of financial products and services, including check cashing, custom loans, debit cards, and financial literacy resources. Through its mobile application and financial card, MoCaFi enables users to efficiently manage their finances by checking balances, cashing paychecks, and transferring money securely, all without incurring additional costs. The company aims to promote economic equality by providing affordable, credit-building financial solutions tailored to the needs of underserved populations.
Embodied Labs
Seed Round in 2020
Embodied Labs, Inc. is a virtual reality training platform focused on enhancing the education and support of family and professional caregivers for older adults. Founded in 2016 and headquartered in Los Angeles, California, the company provides an immersive training experience through its Embodied Labs platform, which features a library of virtual experiences that simulate challenges faced by older adults and their caregivers. This innovative approach aims to foster empathy and improve care outcomes by transforming the perspective of caregivers towards elderly individuals. The platform is designed to be practical and user-friendly, equipping healthcare professionals and caregivers with essential skills and confidence. Additionally, Embodied Labs incorporates robust data analytics to track training progress, offering feedback and pathways for improvement. The company operates in several locations, including the San Francisco Bay Area, Chicago, and Greenville, South Carolina, and works with various sectors, including long-term care, home health, government, non-profit, and academic organizations.
KickUp, founded in 2014 and based in Philadelphia, Pennsylvania, operates a SaaS-based analytics platform designed specifically for K-12 school districts. The company helps professional development teams differentiate teacher support through data-driven insights, enabling them to align goals with district strategies, track real-time survey data, and coordinate learning efforts effectively. KickUp serves superintendents, directors of PD, and district leaders, empowering them to make informed decisions and demonstrate tangible classroom outcomes.
Ultranauts
Series A in 2019
Ultranauts Inc. is a New York-based company that specializes in software testing services. Founded in 2013 by two MIT engineers, Rajesh Anandan and Art Shectman, Ultranauts leverages the unique skills of individuals on the Autism Spectrum, who often exhibit enhanced capabilities in areas such as pattern recognition, attention to detail, and focus. The company offers a comprehensive range of services, including test strategy and planning, functional testing, device and browser testing, exploratory testing, accessibility testing, and code analytics. By employing a neurodiverse team, Ultranauts aims to demonstrate that autism can provide a competitive advantage in business, enhancing bug detection rates and improving efficiency while reducing costs for clients.
CleanFiber
Venture Round in 2018
CleanFiber, LLC is a manufacturer of cellulose insulation materials designed for use in attics, walls, and floors of both residential and commercial buildings. Founded in 2013 and headquartered in Blasdell, New York, with an additional office in Buffalo, the company specializes in producing high-performance, carbon-negative insulation from recycled corrugated cardboard. This innovative approach not only promotes sustainability but also enables construction companies to build fire-resistant structures while maintaining cost competitiveness. CleanFiber has transitioned from its former name, UltraCell Insulation, LLC, in September 2018, and is currently focused on rapidly scaling up production to meet growing demand in the insulation market.
Edovo is a company that specializes in providing educational programming and low-cost communication services to jails and prisons across the United States. Founded in 2014, Edovo uses secure tablet technology to deliver these services, offering daily access to education, rehabilitation programs, and communication tools for incarcerated individuals. The company's solutions aim to improve safety within correctional environments, reduce recidivism, and enhance opportunities for rehabilitation by keeping inmates connected with their loved ones.
CleanFiber
Venture Round in 2018
CleanFiber, LLC is a manufacturer of cellulose insulation materials designed for use in attics, walls, and floors of both residential and commercial buildings. Founded in 2013 and headquartered in Blasdell, New York, with an additional office in Buffalo, the company specializes in producing high-performance, carbon-negative insulation from recycled corrugated cardboard. This innovative approach not only promotes sustainability but also enables construction companies to build fire-resistant structures while maintaining cost competitiveness. CleanFiber has transitioned from its former name, UltraCell Insulation, LLC, in September 2018, and is currently focused on rapidly scaling up production to meet growing demand in the insulation market.
Querium Corporation, founded in 2013 and based in Austin, Texas, develops a mobile learning software platform focused on enhancing critical STEM skills for students. The company's flagship product, StepWise, delivers personalized and bite-sized lessons through an easy-to-use interface, utilizing a patent-pending expert system that simulates the guidance of a master teacher or tutor. This virtual tutor is available 24/7, providing step-by-step assistance to motivate students in their learning journey. Querium also offers targeted solutions such as the Ace Accuplacer math placement test tool and a mobile-ready review resource for Texas students preparing for the STAAR Algebra I EOC assessment. Additionally, the company provides tools for workforce development, teaching essential math skills through real-world scenarios, and technology solutions for educational publishers. Querium's innovative approach aims to prepare students for college and equip them with the necessary skills for future success in STEM fields.
Board on Track
Seed Round in 2015
BoardOnTrack provides expertise, training, powerful, web-based tools, and a membership community to the foot soldiers in the battle to improve our nation's public school system. The charter school is a multi-million dollar public enterprise. Running it with a group of volunteers is a daunting task. BoardOnTrack helps in leveraging the efforts of volunteer board members into real results: academic excellence and organizational sustainability. It was founded in 2010 and is headquartered in Concord, Massachusetts.
DR2
Pre Seed Round in 2013
DR2, LLC, established in 2012 and headquartered in Williamstown, Massachusetts, specializes in software-as-a-service (SaaS) solutions tailored for the utility industry. The company offers DR-SaaS, a cloud-based platform enabling power companies to provide and manage private-label demand response services for their commercial and industrial customers. Additionally, DR2 provides DR-MassMarket, an integrated software solution for utilities and competitive electric retailers, combining back-office administration with online marketing tools to engage small commercial and residential customers in demand response programs. DR2's core technology, iMPACTâ„¢, employs proprietary database design and Sequential Messaging algorithms to build personalized customer profiles through iterative, bidirectional communications, allowing businesses to deliver targeted value to customers and enhance customer satisfaction.
Aunt Bertha
Seed Round in 2013
Aunt Bertha is a Public Benefit Corporation that operates a social services search and referrals software platform designed to help individuals locate various welfare programs. Founded in 2010 and based in Austin, Texas, the company provides users with access to resources related to food, shelter, healthcare, employment, and financial assistance. The platform facilitates connections between those in need and available support services, streamlining the process of finding and applying for government and charitable programs. Aunt Bertha serves a diverse range of sectors, including healthcare, education, government, and child welfare, effectively reducing the administrative costs associated with social service program management by enabling online applications.
Boston Heart Diagnostics
Series B in 2009
Boston Heart Diagnostics is a healthcare company based in Framingham, Massachusetts, specializing in cardiovascular disease management. The company offers a comprehensive range of laboratory techniques, including gas chromatography, gel electrophoresis, genetic testing, and liquid chromatography. Its proprietary lipid testing technology enables ongoing monitoring of patients' conditions and facilitates the precise selection of effective pharmaceutical treatments for dyslipidemia. Unlike traditional lipid testing methods that focus primarily on initial screenings and may take up to six months to assess treatment efficacy, Boston Heart's approach allows for evaluations within the first six weeks. By combining advanced therapy guidelines and patient support services, Boston Heart Diagnostics aims to provide personalized treatment options that enhance patient health and improve disease management outcomes.
Avancen MOD
Seed Round in 2009
Avancen MOD Corporation is a healthcare technology company based in Mount Pleasant, South Carolina, with engineering and production facilities located in Melbourne, Florida. Founded in 2007, the company specializes in wireless devices designed to improve pain management for hospitalized patients. Its flagship product, the MOD, is a secure wireless patient-controlled analgesia device that allows patients to access prescribed oral pain medication conveniently from their bedside. The MOD device is complemented by MODTrac, a comprehensive database that helps manage pain across various care units and facilities. Additionally, Avancen's Medication on Demand system ensures timely delivery of medications while providing critical information flow essential for patients, caregivers, and administrators. The company distinguishes itself by offering unique devices and supportive IT solutions, positioning itself to capitalize on significant revenue opportunities in the healthcare market.