Tugboat Ventures

Tugboat Ventures, LLC is a venture capital firm based in Menlo Park, California, that specializes in early-stage investments, particularly focusing on growth capital. Founded in 2006 by David Whorton, the firm primarily invests in technology sectors including consumer Internet, enterprise software-as-a-service, mobility, cloud computing, and the emerging landscape of online advertising. Tugboat Ventures typically seeks to take a board seat in its portfolio companies, fostering a mentoring relationship to support their growth. The firm emphasizes investments within the San Francisco Bay area and aims to assist companies from incubation through Series A funding stages.

David Whorton

CEO and Founder

40 past transactions

MATRIXX Software

Series C in 2018
MATRIXX Software, Inc. specializes in developing cloud-native digital commerce solutions that enhance business operations for clients in various sectors, including telecommunications and digital services. The company offers a modern commerce platform designed to support global marketplaces and consumption-based services. Its technology allows users to create digital offerings, manage services, and execute flexible charging options, including prepay and post-pay models. Through its patented real-time capabilities, MATRIXX enables service providers to innovate, accelerate data monetization, and enhance customer engagement. The platform's performance significantly surpasses traditional systems, providing clients with a competitive edge. Founded in 2008 and headquartered in Saratoga, California, MATRIXX Software also operates offices in London, Dubai, and various cities across Australia and New Zealand.

Apiax

Seed Round in 2017
Apiax is a Swiss RegTech start-up that builds and offers tools that transform complex financial regulations into digital compliance rules, which are constantly up-to-date and verified. The rules are consumable via an App or can be integrated directly into banking processes through an easy-to-use API. Its cutting-edge technology provides legal and compliance teams with full visibility and control over their digital rule sets and empowers client advisors to serve their clients more efficiently and in a fully compliant manner. Apiax was founded in 2017 and is headquartered in Zürich, Switzerland.

SavvyMoney

Series D in 2016
SavvyMoney, Inc. is a fintech company based in Pleasanton, California, founded in 2008. It offers an online platform that allows individuals to check their credit scores and compare financial products, including credit cards, personal loans, and car loans, aimed at helping users save money. The company provides integrated credit score and personal finance solutions to over 125 credit unions and banks, featuring free credit score access, reports, and daily monitoring. SavvyMoney's pre-qualification offer engine presents tailored financial offers based on users' credit profiles. The platform is designed to educate and empower users to improve their financial health while enabling financial institutions to focus on assisting consumers rather than merely identifying leads.

Ifeelgoods

Venture Round in 2016
Ifeelgoods operates a digital promotions platform that allows brands to reward and engage their audiences through personalized offers. Founded in 2010 and based in Palo Alto, California, and Paris, France, the company provides marketers with a seamless end-to-end solution to deliver rewards instantly. With a catalog of over 1,000 digital incentives, including subscriptions, gift cards, and entertainment options, Ifeelgoods has partnered with more than 150 advertisers, including notable brands like Walmart, Gap, and L’Oreal. The platform enhances customer acquisition, activation, and retention by offering a variety of services across commerce, customer relationship management, and loyalty programs. The company's experienced management team brings expertise from advertising, payments, and retail, supported by prominent investors.

Applied Silver

Series A in 2015
Applied Silver develops and distributes laundry products to kill bacteria and viruses in linens. The company specializes in the fields of antimicrobial, Infection Prevention, sports medicine, and environmental hygiene. It was founded in 2012 and headquartered in Hayward, California.

CoverHound

Series B in 2015
CoverHound, Inc., operating as CoverHound Insurance Solutions, is a technology company based in San Francisco, California, that provides a comparison shopping platform for car insurance. Founded in 2010, the company connects consumers with a range of national insurance carriers and local agents, allowing them to compare accurate rates and find policies that meet their specific needs. CoverHound emphasizes transparency by offering personalized quotes and smart recommendations, ensuring consumers can make informed decisions without the risk of spam or privacy concerns. The platform enables users to easily search for, compare, and purchase auto and property insurance, streamlining the process of obtaining insurance coverage.

Cuff

Series A in 2015
Cuff, Inc. was a company that specialized in fashion wearables incorporating smart connectivity technology. Its flagship product, the CuffLinc, was designed to function as an alert system for users to signal designated contacts in case of emergencies by sending SOS notifications along with location and audio information through a mobile application compatible with both iOS and Android devices. The company offered a range of jewelry and accessories that allowed users to discreetly carry the CuffLinc within various designs. Despite initial interest and partnerships with retailers, Cuff faced significant financial challenges, culminating in a lawsuit from multiple vendors due to unpaid debts exceeding $1.2 million. These developments led to the company ceasing operations, leaving customers without support or fulfillment of outstanding orders. Consequently, while the devices may still function, they are no longer recommended for purchase or use due to the lack of customer service and potential safety concerns.

Kenna Security

Series A in 2014
Kenna Security, Inc. is a technology company specializing in vulnerability management and risk intelligence solutions. Founded in 2009 and headquartered in San Francisco, with an additional office in Chicago, the company offers the Kenna platform, which enables organizations to prioritize vulnerabilities, measure risk, and automate analysis. By utilizing Cyber Risk Context Technology, Kenna helps clients focus on critical cyber risks, thereby enhancing the efficiency of security teams. Its solutions cater to a diverse range of sectors, including media and entertainment, healthcare, telecommunications, financial services, and more, both domestically and internationally. Kenna Security has established itself as a leader in predictive cyber risk management, serving numerous Fortune 100 companies across various industries.

Aria Systems

Series D in 2013
Proven by the world's most demanding enterprises, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Audi, Adobe, Telekom Denmark, Philips, Roku, and VMware, Aria helps enterprises grow their recurring revenue businesses. Aria helps clients take advantage of each customer-driven event − known as revenue moments − with agile billing, active customer engagement, and the rapid development of new products and services. With Aria's end-to-end active monetization platform, global brands can get to market faster with a wider variety of products and services, while maximizing customer satisfaction, retention, and lifetime value.

Alminder

Seed Round in 2013
Alminder, Inc. makes Mynd Calendar, an intelligent mobile calendar app for iPhone that acts like a virtual assistant, making your life easier at home and work and saving you time. It learns where you spend your time and who you meet along the way, becoming increasingly helpful the more you use it. It syncs with all of your existing calendars and can be used instead of your Apple calendar on your iPhone. Unlike other so-called 'smart calendars,' Mynd Calendar's sophisticated algorithms identify the places you're going within the content of your calendar events and accurately predict (even in advance) how much buffer time you need to schedule between meetings given the typical traffic at that time of day. As you get closer to your appointments, Mynd Calendar tells you when to leave, based on current traffic conditions and launches your favorite navigation app to get you to your appointment on time. Mynd Calendar also: -Notifies you when you're running late and lets you easily email, call or text the people who need to know from within the calendar. -Automatically identifies conference call numbers and facilitates easy, one-click dial-in. -Discovers the people listed in your calendar events and looks up their LinkedIn profiles and information from your address book, so you know who you’re meeting with and can get in touch with them directly from your calendar. -Pulls in your relevant Evernote notes so that you're always prepared for your next meeting. -RSVP to meeting invites. -Tells you the weather at both where you are and where you're going.

Koozoo

Seed Round in 2012
Koozoo, Inc. operates an online platform that broadcasts live video feeds from public places, utilizing a crowd-sourced network of smartphone cameras. Founded in 2010 and based in San Francisco, California, Koozoo aims to make live views of the world’s public spaces easily accessible to users. The platform enables individuals to see and share real-time video of locations that matter to them, enhancing their connection to these spaces. Koozoo is a private company supported by investments from firms such as New Enterprise Associates and Tugboat Ventures.

Peloton

Series A in 2012
Peloton is transforming the fitness landscape by integrating high-quality design with advanced technology to offer live and on-demand fitness classes led by top instructors. Founded in 2012 and headquartered in New York, the company operates an interactive fitness platform that includes two main segments: Connected Fitness Products and Subscription services. Revenue from Connected Fitness Products comes from the sale of its bikes and treadmills, along with accessories, delivery, installation, and extended warranties. The Subscription segment, which generates the majority of the company's revenue, includes monthly fees for connected fitness and digital subscriptions. Peloton's unique approach combines hardware, software, and engaging content, creating a socially connected workout experience that appeals to a wide audience. The company sells its products online and through an expanding network of showrooms, primarily serving customers in North America and select international markets.

Hāpara

Series A in 2012
Hapara, Inc. is a K12 software company that develops instructional management tools designed to enhance the educational experience for both teachers and students. Founded in 2007 and based in Redwood City, California, the company offers various solutions, including Hapara for G Suite and Hapara for Microsoft Office 365. These tools enable educators to create digital learning environments and monitor student engagement across multiple platforms, such as Google Drive, Gmail, and Microsoft applications. The Teacher Dashboard provides real-time insights into student activities, while the Highlights Remote Control tool allows teachers to oversee browser activity. Hapara Workspace facilitates collaboration for differentiated assignments, and Hapara Analytics offers education leaders valuable data visualizations to evaluate the effectiveness of their digital learning strategies. With over 1.6 million users in more than 44 countries, Hapara is committed to supporting educators and enhancing student learning outcomes.

Kenna Security

Series A in 2012
Kenna Security, Inc. is a technology company specializing in vulnerability management and risk intelligence solutions. Founded in 2009 and headquartered in San Francisco, with an additional office in Chicago, the company offers the Kenna platform, which enables organizations to prioritize vulnerabilities, measure risk, and automate analysis. By utilizing Cyber Risk Context Technology, Kenna helps clients focus on critical cyber risks, thereby enhancing the efficiency of security teams. Its solutions cater to a diverse range of sectors, including media and entertainment, healthcare, telecommunications, financial services, and more, both domestically and internationally. Kenna Security has established itself as a leader in predictive cyber risk management, serving numerous Fortune 100 companies across various industries.

RichRelevance

Series E in 2012
RichRelevance, Inc. specializes in omnichannel personalization solutions for multinational companies, enhancing customer experiences across various platforms such as web, mobile, and in-store environments. The company's flagship offering, Relevance Cloud, encompasses several tools designed to personalize user interactions, including RichRelevance Discover for tailored search and browsing, RichRelevance Engage for targeted marketing campaigns, and RichRelevance Recommend, which employs machine learning to generate data-driven product recommendations. Additional services include RichRelevance Build, providing API-based personalization tools, and RichRelevance Xen AI, aimed at aiding digital leaders in strategic decision-making. RichRelevance serves over 240 clients globally, having facilitated more than one billion decisions daily and contributing over $20 billion in sales for its partners, which include notable brands like Office Depot and Costco. Founded in 2005 and headquartered in San Francisco, the company operates in 42 countries through multiple offices worldwide and is a subsidiary of Manthan Software Services Pvt. Ltd.

RichRelevance

Series E in 2012
RichRelevance, Inc. specializes in omnichannel personalization solutions for multinational companies, enhancing customer experiences across various platforms such as web, mobile, and in-store environments. The company's flagship offering, Relevance Cloud, encompasses several tools designed to personalize user interactions, including RichRelevance Discover for tailored search and browsing, RichRelevance Engage for targeted marketing campaigns, and RichRelevance Recommend, which employs machine learning to generate data-driven product recommendations. Additional services include RichRelevance Build, providing API-based personalization tools, and RichRelevance Xen AI, aimed at aiding digital leaders in strategic decision-making. RichRelevance serves over 240 clients globally, having facilitated more than one billion decisions daily and contributing over $20 billion in sales for its partners, which include notable brands like Office Depot and Costco. Founded in 2005 and headquartered in San Francisco, the company operates in 42 countries through multiple offices worldwide and is a subsidiary of Manthan Software Services Pvt. Ltd.

YouWeb

Venture Round in 2011
YouWeb is a venture capital firm founded in 2007 and based in San Francisco, California, with additional offices in Burlingame, Mountain View, and New York. The firm specializes in incubation, focusing on the consumer internet and mobile computing sectors. YouWeb typically invests between $0.1 million and $1 million in companies that have a minimum enterprise value of $100 million. The firm is known for its unique approach, where entrepreneurs spend a year developing ideas, building technologies, and launching their own companies. Created by Peter Relan, a seasoned entrepreneur and technology executive, YouWeb collaborates with talented individuals in the industry to foster innovation and create new products and business models.

Five Apes

Venture Round in 2011
In the summer of 2006, French technologist, Williams Paquier came to the United States to attend an Apple Worldwide Developer Conference. Leveraging their common French background, Williams strikes up a conversation with Bertrand Serlet, who at the time was SVP of Software at Apple. Convinced in the potential of the technology, Bertrand becomes the first committed investor/advisor and introduces Williams to his friend, Louis Monier, founder of Alta Vista and generally recognized as one of the fathers of Internet search. Five Apes is born.

Ifeelgoods

Series A in 2011
Ifeelgoods operates a digital promotions platform that allows brands to reward and engage their audiences through personalized offers. Founded in 2010 and based in Palo Alto, California, and Paris, France, the company provides marketers with a seamless end-to-end solution to deliver rewards instantly. With a catalog of over 1,000 digital incentives, including subscriptions, gift cards, and entertainment options, Ifeelgoods has partnered with more than 150 advertisers, including notable brands like Walmart, Gap, and L’Oreal. The platform enhances customer acquisition, activation, and retention by offering a variety of services across commerce, customer relationship management, and loyalty programs. The company's experienced management team brings expertise from advertising, payments, and retail, supported by prominent investors.

Kenna Security

Seed Round in 2011
Kenna Security, Inc. is a technology company specializing in vulnerability management and risk intelligence solutions. Founded in 2009 and headquartered in San Francisco, with an additional office in Chicago, the company offers the Kenna platform, which enables organizations to prioritize vulnerabilities, measure risk, and automate analysis. By utilizing Cyber Risk Context Technology, Kenna helps clients focus on critical cyber risks, thereby enhancing the efficiency of security teams. Its solutions cater to a diverse range of sectors, including media and entertainment, healthcare, telecommunications, financial services, and more, both domestically and internationally. Kenna Security has established itself as a leader in predictive cyber risk management, serving numerous Fortune 100 companies across various industries.

Aria Systems

Series C in 2011
Proven by the world's most demanding enterprises, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Audi, Adobe, Telekom Denmark, Philips, Roku, and VMware, Aria helps enterprises grow their recurring revenue businesses. Aria helps clients take advantage of each customer-driven event − known as revenue moments − with agile billing, active customer engagement, and the rapid development of new products and services. With Aria's end-to-end active monetization platform, global brands can get to market faster with a wider variety of products and services, while maximizing customer satisfaction, retention, and lifetime value.

Sociogramics

Seed Round in 2011
Sociogramics launched in 2011 on the premise that existing scores and methods for sorting and assigning consumer behaviors are obsolete in an era of Big Data. We are leveraging emerging data sets coupled with our team's machine learning expertise to fundamentally improve online identity, employment and income verification.

Atzip

Venture Round in 2011
AtZip is all about going out -- meeting someone new and doing the things you love to do. Dog Park with your Jack Russell Terrier? Jazz festival this weekend? Just a coffee? Whether you're a local, just moved to a new town, or you're visiting a city and wondering whos up for going out -- AtZip will get you connected with someone cool and interesting.

Education Elements

Seed Round in 2011
With a staff that brings together experience in the classroom, as well as product design and change management expertise, their organization is well-equipped to enable teachers to personalize learning and students to benefit as a result of being able to learn at their own pace, in their own style and with increased attention from their teacher. They work with schools on everything from setting goals, to designing an instructional model, to selecting content, to providing PD and support. Their consultants work side by side with leaders and teachers to embed digital content and data into daily instruction. Combined with our software platform, this makes us a comprehensive, end-to-end solution for anyone who wants to integrate technology and instruction in order to personalize learning. Education Elements works with districts across the country. They are working hundreds of schools, including several RTTD and Next Generation Learning Challenge winners to implement their vision.

Qwiki

Series A in 2011
Qwiki specializes in automated video production, offering a platform that transforms users' photos and videos from their camera rolls into concise, visually appealing movies. With a focus on simplicity, the Qwiki service allows individuals to create and share these personalized video memories with just one tap. This innovative approach enables users to easily compile and present their cherished moments in a format that is engaging and easy to share. By streamlining the video creation process, Qwiki enhances the way people document and share their experiences.

Mahoot Games

Seed Round in 2011
Mahoot creates shopping games. For our retail partners, we transform proven online games into interactive shopping experiences featuring their merchandise and promotions as branded games within social networks and on mobile platforms. Our games allows brands big and small to easily integrate their e-commerce product into an engaging and rewarding marketing campaign.

Ifeelgoods

Seed Round in 2010
Ifeelgoods operates a digital promotions platform that allows brands to reward and engage their audiences through personalized offers. Founded in 2010 and based in Palo Alto, California, and Paris, France, the company provides marketers with a seamless end-to-end solution to deliver rewards instantly. With a catalog of over 1,000 digital incentives, including subscriptions, gift cards, and entertainment options, Ifeelgoods has partnered with more than 150 advertisers, including notable brands like Walmart, Gap, and L’Oreal. The platform enhances customer acquisition, activation, and retention by offering a variety of services across commerce, customer relationship management, and loyalty programs. The company's experienced management team brings expertise from advertising, payments, and retail, supported by prominent investors.

GoalSpring Financial

Series A in 2010
GoalSpring Financial, Inc. offers DebtGoal, an online application that enables users to organize, optimize, and pay their debt. It operates DebtGoals.Com, an online debt management service that takes into account customer's debt, such as credit cards, student loans, car loans, and mortgages, as well as enables them to organize, optimize, and pay-down their debt. GoalSpring Financial, Inc. was founded in 2008 and is based in San Francisco, California.

SavvyMoney

Series A in 2010
SavvyMoney, Inc. is a fintech company based in Pleasanton, California, founded in 2008. It offers an online platform that allows individuals to check their credit scores and compare financial products, including credit cards, personal loans, and car loans, aimed at helping users save money. The company provides integrated credit score and personal finance solutions to over 125 credit unions and banks, featuring free credit score access, reports, and daily monitoring. SavvyMoney's pre-qualification offer engine presents tailored financial offers based on users' credit profiles. The platform is designed to educate and empower users to improve their financial health while enabling financial institutions to focus on assisting consumers rather than merely identifying leads.

MATRIXX Software

Series A in 2010
MATRIXX Software, Inc. specializes in developing cloud-native digital commerce solutions that enhance business operations for clients in various sectors, including telecommunications and digital services. The company offers a modern commerce platform designed to support global marketplaces and consumption-based services. Its technology allows users to create digital offerings, manage services, and execute flexible charging options, including prepay and post-pay models. Through its patented real-time capabilities, MATRIXX enables service providers to innovate, accelerate data monetization, and enhance customer engagement. The platform's performance significantly surpasses traditional systems, providing clients with a competitive edge. Founded in 2008 and headquartered in Saratoga, California, MATRIXX Software also operates offices in London, Dubai, and various cities across Australia and New Zealand.

RepairPal

Series A in 2009
RepairPal Inc., founded in 2007 and based in San Francisco, California, specializes in providing auto repair and maintenance information to consumers. The company's platform offers a comprehensive database of articles, reports, and resources, including the RepairPal Fair Price Estimator, which helps users determine fair pricing for common car repairs. Additionally, RepairPal maintains a Certified Network of trusted repair shops that guarantee quality work and fair pricing. By visiting RepairPal.com, consumers can access valuable information to assist them in selecting mechanics that align with their budget and needs, ensuring a reliable and informed auto repair experience.

RichRelevance

Series C in 2009
RichRelevance, Inc. specializes in omnichannel personalization solutions for multinational companies, enhancing customer experiences across various platforms such as web, mobile, and in-store environments. The company's flagship offering, Relevance Cloud, encompasses several tools designed to personalize user interactions, including RichRelevance Discover for tailored search and browsing, RichRelevance Engage for targeted marketing campaigns, and RichRelevance Recommend, which employs machine learning to generate data-driven product recommendations. Additional services include RichRelevance Build, providing API-based personalization tools, and RichRelevance Xen AI, aimed at aiding digital leaders in strategic decision-making. RichRelevance serves over 240 clients globally, having facilitated more than one billion decisions daily and contributing over $20 billion in sales for its partners, which include notable brands like Office Depot and Costco. Founded in 2005 and headquartered in San Francisco, the company operates in 42 countries through multiple offices worldwide and is a subsidiary of Manthan Software Services Pvt. Ltd.

RichRelevance

Series C in 2008
RichRelevance, Inc. specializes in omnichannel personalization solutions for multinational companies, enhancing customer experiences across various platforms such as web, mobile, and in-store environments. The company's flagship offering, Relevance Cloud, encompasses several tools designed to personalize user interactions, including RichRelevance Discover for tailored search and browsing, RichRelevance Engage for targeted marketing campaigns, and RichRelevance Recommend, which employs machine learning to generate data-driven product recommendations. Additional services include RichRelevance Build, providing API-based personalization tools, and RichRelevance Xen AI, aimed at aiding digital leaders in strategic decision-making. RichRelevance serves over 240 clients globally, having facilitated more than one billion decisions daily and contributing over $20 billion in sales for its partners, which include notable brands like Office Depot and Costco. Founded in 2005 and headquartered in San Francisco, the company operates in 42 countries through multiple offices worldwide and is a subsidiary of Manthan Software Services Pvt. Ltd.

Cuil

Series B in 2008
Cuil was a stealth search engine startup which claims that it can index web pages significantly faster and cheaper than Google. Cuil has told potential investors that their indexing costs will be 1/10th of Google's, based on new search architectures and relevance methods. In some ways Cuil is the polar opposite of [Powerset](http://www.crunchbase.com/organization/powerset), which has huge indexing costs because it does a deep contextual analysis on every sentence on every web page. Powerset's indexing costs, therefore, should be much higher per web page than Google's. Cuil was also founded by highly respected search experts. Husband and wife team Tom Costello and Anna Patterson were joined by Russell Power. Patterson and Power are ex-[Google](http://www.crunchbase.com/organization/google) search experts. Costello was the founder of Xift. Cuil met with venture capitalists, but we're hearing that Costello and Patterson eventually self-funded the company with a $5ish million injection of capital. They now have 10-15 employees and an office in Menlo Park.

RichRelevance

Series B in 2007
RichRelevance, Inc. specializes in omnichannel personalization solutions for multinational companies, enhancing customer experiences across various platforms such as web, mobile, and in-store environments. The company's flagship offering, Relevance Cloud, encompasses several tools designed to personalize user interactions, including RichRelevance Discover for tailored search and browsing, RichRelevance Engage for targeted marketing campaigns, and RichRelevance Recommend, which employs machine learning to generate data-driven product recommendations. Additional services include RichRelevance Build, providing API-based personalization tools, and RichRelevance Xen AI, aimed at aiding digital leaders in strategic decision-making. RichRelevance serves over 240 clients globally, having facilitated more than one billion decisions daily and contributing over $20 billion in sales for its partners, which include notable brands like Office Depot and Costco. Founded in 2005 and headquartered in San Francisco, the company operates in 42 countries through multiple offices worldwide and is a subsidiary of Manthan Software Services Pvt. Ltd.

Shop It To Me

Series A in 2007
Shop It To Me, Inc. operates as a personal online shopper. The company scours the Websites of retailers for women, men, and children clothing, shoes, and accessories, and provides users Salemail, a personalized e-mail alert that shows a list of items that retailers have recently put on sale. It sends Salemail on daily, weekly, or twice a week basis. The company was founded in 2004 and is based in San Francisco, California.

Doostang

Series A in 2007
Doostang is an online employment network that caters to recent graduates and students from prestigious universities and MBA programs, aiming to facilitate career advancement. It provides a platform for job listings, networking opportunities, and professional development resources. With a membership exceeding one million, Doostang serves as a valuable resource for individuals seeking careers in finance and consulting. Notably, one in four recent graduates from the top 30 U.S. universities is part of this network, highlighting its significance in the job market for this demographic.

SayNow

Series A in 2007
SayNow is a free service that lets fans and celebrities connect with one another via voice and text messaging. Essentially each celebrity is given a unique phone number, which fans can call to leave messages or which celebrities can use to leave messages for their fans to tell them directly what they're up to. Through this form of voice and text messaging, SayNow provides a unique and personal way for fans and celebrities to communicate. As a service, SayNow is primarily geared toward musical artists and their fans. SayNow is being used by a number of popular music artists (listed on their site) as well as by Universal Music Group, EMI, RCA Music Group, and others. Nonetheless, SayNow is available to anyone who has a large audience or following including entertainers, politicians, and community leaders. As an optional service, the company even lets broadcasters earn revenue by including relevant sponsorships in text or voice messages.

Cuil

Series A in 2007
Cuil was a stealth search engine startup which claims that it can index web pages significantly faster and cheaper than Google. Cuil has told potential investors that their indexing costs will be 1/10th of Google's, based on new search architectures and relevance methods. In some ways Cuil is the polar opposite of [Powerset](http://www.crunchbase.com/organization/powerset), which has huge indexing costs because it does a deep contextual analysis on every sentence on every web page. Powerset's indexing costs, therefore, should be much higher per web page than Google's. Cuil was also founded by highly respected search experts. Husband and wife team Tom Costello and Anna Patterson were joined by Russell Power. Patterson and Power are ex-[Google](http://www.crunchbase.com/organization/google) search experts. Costello was the founder of Xift. Cuil met with venture capitalists, but we're hearing that Costello and Patterson eventually self-funded the company with a $5ish million injection of capital. They now have 10-15 employees and an office in Menlo Park.

Mamapedia

Series A in 2005
Mamapedia is an online community designed to connect mothers across the United States, facilitating the sharing of advice and support on various topics related to family life. With a membership exceeding 3.5 million, Mamapedia provides a platform where moms can access guidance on parenting, health, finance, nutrition, and more, catering to families with children of all ages. The community fosters connections among mothers, enabling them to share their experiences and insights in a supportive environment. Additionally, Mamapedia offers a group-buying program called Mamapedia Sweet Deals, which provides exclusive local discounts on family-friendly activities, dining, and entertainment. This initiative aims to leverage the collective buying power of its extensive community, enhancing the value and resources available to busy moms and their families.
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