Private Equity Round in 2020
Funding University, Inc. is a merit-based student lender that provides fixed interest rate loans to undergraduate students in the United States. Founded in 2015 and headquartered in Atlanta, Georgia, the company offers an alternative to traditional FICO and co-signer-based loan models. By assessing students' academic performance, career trajectories, and earning potential, Funding U enables students to secure loans without the need for a co-signer. This approach not only facilitates access to funding but also aims to reduce the likelihood of students dropping out of college due to financial constraints.
Inclusivv operates a civil engagement platform that assists nonprofits, governments, companies, and civic leaders in facilitating community conversations on a variety of issues. Founded in 2016 and based in Atlanta, Georgia, the platform enables users to manage self-organized dinners, handle RSVP management, and automate communications such as emails, reminders, and follow-ups. By collaborating with cities, state agencies, corporations, and nonprofits, Inclusivv aims to design and launch discussions that foster meaningful change, strengthen relationships across different sectors, and promote awareness on important topics. The platform focuses on creating solutions that enhance community vibrancy and resilience.
EnrichHER Inc. is a financial technology company established in 2017 and based in Atlanta, Georgia, dedicated to supporting women-led businesses through funding, community engagement, and educational resources. The company operates several platforms, including EnrichHER Funding, EnrichHER Society, and EnrichHER Spark, which collectively assist female entrepreneurs in securing capital, fostering connections, and enhancing their business acumen. EnrichHER Funding specializes in facilitating debt-based funding, offering loans ranging from $50,000 to $75,000 to pre-screened women-led companies. By leveraging artificial intelligence and machine learning, EnrichHER effectively connects investors with entrepreneurs, providing a range of financial options such as grants, loans, and equity. Through these initiatives, EnrichHER aims to empower women entrepreneurs and promote their growth in the business landscape.
Inclusivv operates a civil engagement platform that assists nonprofits, governments, companies, and civic leaders in facilitating community conversations on a variety of issues. Founded in 2016 and based in Atlanta, Georgia, the platform enables users to manage self-organized dinners, handle RSVP management, and automate communications such as emails, reminders, and follow-ups. By collaborating with cities, state agencies, corporations, and nonprofits, Inclusivv aims to design and launch discussions that foster meaningful change, strengthen relationships across different sectors, and promote awareness on important topics. The platform focuses on creating solutions that enhance community vibrancy and resilience.
Motivo Consulting, Inc., operating as Motivo, is an online platform that facilitates connections between mental health therapists and clinical supervisors. Founded in 2017 and based in Atlanta, Georgia, Motivo addresses the need for pre-licensed therapists to complete mandatory supervision hours required for licensure. The platform enables users to engage in secure video conferences, allowing therapists to access a broader range of supervisors, thereby overcoming limitations in available options. Additionally, Motivo offers resources such as peer consultations, webinars, and training, enhancing the professional development of its users. With the growth of telehealth services, Motivo has positioned itself as a leader in therapist telesupervision, ensuring that mental health professionals can find appropriate supervision in a convenient and accessible manner.
otto by DEVCON develops advanced runtime application security software aimed at enhancing internet safety and simplifying security measures for businesses. The software is designed to help organizations quickly secure their digital environments with minimal coding required, integrating seamlessly with major content delivery networks, cloud marketplaces, and content management systems. By providing real-time intelligence on security vulnerabilities and dynamic threats, otto protects brand integrity and customer data from various cyber risks, including client-side attacks and data breaches. Additionally, the platform offers automated tools for monitoring and mitigating risks associated with third-party scripts and outdated libraries. With a commitment to democratizing cybersecurity, otto provides a Chrome extension that alerts users to potential threats while gathering crowd-sourced threat intelligence. This continuous feed of information enhances the software's capabilities, fostering a self-healing technology that adapts to emerging threats. Founded in 2017 and headquartered in Memphis, Tennessee, DEVCON is dedicated to safeguarding consumers and businesses alike from the growing landscape of cyber threats.
Bark is a software company founded in 2015 and based in Atlanta, Georgia, specializing in parental control monitoring. Its platform employs machine learning and data science to detect various online threats faced by children, including cyberbullying, sexting, suicidal ideation, and other signs of distress. Bark aims to empower parents by providing them with actionable insights and alerts regarding their children's activities on social media, text messaging, and email accounts. By focusing on potential issues rather than overwhelming parents with all content, Bark fosters a trusting relationship between parents and children while helping to ensure a safer online environment. The company's services include content monitoring, screen time management, and web filtering, all designed to address the digital dangers that children encounter.
Rimidi Inc. is a healthcare technology company focused on improving diabetes management for patients and healthcare providers. Founded in 2011 and based in Atlanta, Georgia, Rimidi offers DIABETES+ME, a software solution designed to help patients and physicians identify gaps in diabetes care and implement necessary actions to address these gaps. This solution aims to enhance patient outcomes by facilitating better management of diabetes and creating a more efficient cycle of care. The company, which was previously known as Rimidi Diabetes, Inc., rebranded in July 2018 to reflect its broader commitment to healthcare innovation.
Acivilate, Inc., founded in 2014 and based in Atlanta, Georgia, is a majority woman-owned technology social enterprise that provides a cloud-based software as a service (SaaS) platform known as Pokket. This platform serves to connect justice agencies and human service providers with returning citizens, aiming to break the cycle of recidivism. By facilitating the synchronization of public and private social services case management, Acivilate's solution supports drug, problem-solving, and juvenile courts in sharing confidential data and managing rehabilitation programs. The company's focus is on addressing the challenges faced by individuals released from jail, thereby enhancing outcomes and interventions to promote successful reintegration into society.
Stony Creek Colors, Inc. is a manufacturer of bio-based colorants specifically designed for the textile industry. Founded in 2012 and headquartered in Springfield, Tennessee, the company specializes in producing plant-based dyes, including indigo, in collaboration with small farmers in the Southeast United States. By focusing on environmentally friendly alternatives, Stony Creek Colors aims to provide clean and safe natural dyes that replace hazardous chemicals traditionally used in textile supply chains. This approach not only supports sustainable practices in the industry but also enables textile and fashion brands to offer consumers environmentally conscious premium products.
Utilize Health, Inc. is a Nashville-based company that provides an online platform designed to connect patients with neurological disabilities to specialized therapies and facilities, enhancing their potential for recovery. The company focuses on six specific conditions: spinal cord injury, traumatic brain injury, muscular dystrophy, cerebral palsy, stroke, and multiple sclerosis. In addition to its patient-facing services, Utilize Health partners with health plans and providers to offer care coordination solutions that improve health outcomes and lower healthcare costs. The platform features digital tools such as a Facility Finder, an Education Library, and a Messaging Tool for direct communication with Patient Advocates. The Patient Advocate Program assists patients in navigating the healthcare system by helping them locate facilities, obtain prescriptions, and arrange transportation, ensuring comprehensive support for those managing complex medical needs.
Coursicle, Inc. operates an online course scheduling platform designed for students in the United States, addressing the inefficiencies of traditional college registration systems. Founded in 2016 and based in Chapel Hill, North Carolina, Coursicle offers a user-friendly interface that allows students to search for classes using filters, eliminate conflicting courses, and compare textbook prices between the school bookstore and online retailers. Additionally, the platform notifies users via text or email about seat availability in their desired classes. By providing an intuitive and visually appealing solution, Coursicle aims to simplify the course registration process, helping students secure the classes they need to graduate on time. The company also offers a mobile app for iOS and Android, enhancing accessibility and convenience for users.
Torch, Inc. manufactures Wi-Fi routers for parents to check their kids’ browsing data on the Internet. Its Wi-Fi router provides pause button for the Internet for things, such as dinner time or breaks; offers content customization, Web history, and data usage solutions; and lets users and their kids to see how much time they have spent on Internet. The company is based in Chattanooga, Tennessee.
MomSource has grown into a fully-inclusive network of candidates committed to supporting one another along their flexible employment journey and via our personal and professional development workshops. As time passed and our mission evolved, they began to realize that flexible employment resonates with people in many stages in life. Though the MomSource was founded out of a need experienced by many moms, our mission is to find any qualified candidate flexible employment. They work with moms, men, millennials, retirees and any other person who prioritizes flexibility when choosing an employer.
Rezli is a content, media, and career-building platform that empowers people of all ages to turn their passion into a career. The platform helps users in building a digital resume or portfolio, sharing stories, and networking with others in the industry as they establish and pursue their dreams.
SweetBio, Inc. is a medical device company based in Memphis, Tennessee, that focuses on the research, development, and manufacturing of innovative wound care solutions. Established in 2015, the company specializes in creating membranes that utilize medical-grade Manuka honey to enhance healing and reduce complications associated with various wounds, including surgical and diabetic ulcers. SweetBio’s flagship product, Apis, is a patented wound care patch that incorporates Manuka honey at a molecular level with gelatin and nanoparticles, resulting in a solid and long-lasting application that effectively manages exudate and maintains a moist wound environment. This product received FDA clearance in May 2019. SweetBio has participated in prominent accelerator programs and has gained recognition through media features, demonstrating its commitment to advancing wound care treatments.
Partpic, Inc. is a technology company based in Atlanta, Georgia, founded in 2013. It specializes in visual recognition technology that facilitates the search and purchase of replacement maintenance, repair, and operations (MRO) parts. Users can take a picture of a part using a smart device, and Partpic's software matches the image with relevant parts and their specifications. This innovative approach aims to save users time and money in the procurement of replacement parts. Partpic operates as a subsidiary of Amazon.com, Inc.
Transomic is a biotechnology startup that provides research tools to accelerate the complexity of life and human disease. It offers next-generation research tools for unraveling genetic complexity, providing bioresearch organizations with cost-effective and technically supported technologies to enable discovery across the genome. These research tools for gene manipulation provide investigators with high-quality genes, RNAi tools, and delivery reagents for gene function analysis in relation to oncology, neuroscience, metabolic disorders.
Feetz Inc. manufactures and sells custom made footwear for consumers. It offers SizeMe technology based custom 3D printed shoes in various styles, colors, and patterns. The company provides various shoe sizes for small feet, large feet, bunions, flat feet, high arches, and more. It offers its products through retailers and distributors. Feetz Inc. also serves customers online. The company was incorporated in 2013 and is headquartered in San Diego, California.
eDivv is the largest social P2P marketplace to buy, sell, and trade new cosmetics and accessories. Women buy over 100 new beauty products every year but only fully utilize 10 of them. There is a massive amount of surplus going to waste due to gifts with purchase, samples, and non-customized subscription boxes. Women who have excess inventory can now get value from those products by trading or selling on eDivv.
It was founded in 2014 and is headquartered in New York, New York.
International Coffee Group operates as a specialty coffee roasting company. It also operates a chain of cafes that sell coffee. In addition, the company distributes espresso machines, coffee brewing equipment, and grinders. International Coffee Group was founded in 1997 and is based in Chattanooga, Tennessee, United States.
Rooibee Red Tea Co. is a beverage company based in Prospect, Kentucky, that specializes in producing and selling ready-to-drink organic and naturally caffeine-free tea beverages. Founded in 2009, the company offers a variety of flavors, including half tea and half lemonade, summer peach, sweet, unsweet, watermelon mint, and wild berry. Rooibee Red Tea's products are crafted from the rooibos bush, native to South Africa, which is known for its high antioxidant content and health benefits. The company distributes its beverages through retail grocery stores and online platforms across the United States, providing consumers with a healthier alternative to traditional caffeinated drinks.
Dynepic is powering corporate digital innovation, training, and engagement with its DX-Platform technology. The DX-Platform is a fully immersive app and training creation, distribution, and management platform.
Founded originally as a product design firm in 2011, Dynepic had the pleasure of developing a number of products for clients, helping take them from a seed of an idea to released products. In the course of this work, Dynepic even reinvented the common handle and spun out its patented Spiral Strength grip technology to Dynepic Sports, LLC where it is the basis of a number of sporting good products.
SuperFan was a social entertainment site that allows users to become a Fan of ALL the things they love in life including music, celebs, tv/movies, sports, games, brands, books, places, schools, etc. The site closed on August 31st, 2010. SuperFan was also a social game where fans use a virtual currency to compete to become the "SuperFan" of their top Faves. As the SuperFan, the user would gain control over certain aspects of the Fave profile such as the color palette, wallpaper, profile picture and can add a personal quote about their Fave. SuperFan worked like a video game where Fans earn Points for contributing to the site and climb higher Reputation Levels. Fans could also earn or buy Credits (virtual currency) to be used to compete to become the SuperFan, send a virtual gift, post a site-wide Shout-Out or customize the Fan profile. The site also had user-generated quizzes, blogs, battles, etc. SuperFan was founded by Rick Marini who was previously the Co-Founder, CFO & Chief Strategist of Tickle. Under his leadership, Tickle became a top 20 global website with 200 million registered users and close to $40 million of revenue. Tickle was acquired by Monster in 2004 for over $100 million.