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The Venture Codex

Alerion Ventures

105 Broad St Ste A, Charleston, SC, 29401, United States

Overview

Alerion Ventures is an evergreen venture capital firm focused on early-stage investments in scalable startups.

Total investments
20
Lead investments
0
Investments · 12mo
0
Active investors
2
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Investment portfolio

  • Stellar

    Participated · Series B · Dec 2022

    Stellar is a technology-driven marketplace that enables property managers and contractors to resolve home maintenance issues across the single-family rental (SFR) market. The platform leverages artificial intelligence and machine learning to make maintenance fast, scalable, and quality-guaranteed. The company serves 10 of the 11 largest SFR operators across 150,000+ properties, has created work for 8,000+ contractors, and has resolved 200,000+ issues. Stellar plans to use its Series B proceeds to enhance its technology and platform, build a new mobile app, invest in talent, and expand into additional U.S. markets. It intends to nearly double headcount by the end of 2023 across Operations, Sales, Marketing, and Technology, and recently appointed Renaud Casanova as CTO. Founded in 2016 and based in Dallas, the company has raised $35M in total venture capital to date.

  • RepVue

    Participated · Seed · May 2022

    RepVue is a sales organization ratings platform led by CEO Ryan Walsh and based in Chapel Hill, NC. The product leverages more than 60,000 user ratings covering 11,000 sales organizations globally to provide transparency for sales professionals. Its ratings capture data points on quota attainment, culture, lead flow, compensation, product-market fit and more. The company plans to use the $5M seed funding to accelerate growth by hiring additional top talent and expanding its dataset. RepVue will also invest in its Employer Data Platform to give hiring teams data insights and targeted access to sales talent. Early adopter customers include Demand Science, Lob, Highspot, Datadog, Elastic, Metadata.io and others. RepVue operates a sales organization ratings platform that aggregates more than 16,500 user ratings to drive transparency in sales organizations. The platform enables employers to benchmark their sales organizations against top performers and track real-time sales compensation data. Features highlighted include earning potential, quota attainment data, and sales professional sentiment analysis. RepVue is led by founder and CEO Ryan Walsh. The company raised seed funding and intends to use the proceeds to expand operations and grow its business reach.

  • biospatial

    Participated · Series A · Mar 2022

    biospatial is a healthcare analytics company and EMS data platform that collects and curates electronic Patient Care Reports (ePCRs) from thousands of EMS providers. Headquartered in Durham, North Carolina, the company builds partnerships with state, local, and commercial EMS agencies to assemble a unique prehospital dataset. As of March 2022 the platform has ingested and analyzed over 150 million ePCRs from agencies in over 40 US states and collects over 100,000 new ePCRs daily. biospatial combines these data with additional healthcare sources and proprietary artificial intelligence to provide near real-time actionable insights to health systems, clinical research organizations, the federal government, and life sciences customers. The company’s core mission is to improve healthcare outcomes through data science, and it supports both its EMS data partners and downstream customers with analytics and services. The Series A financing is intended to expand the company’s customer base and capabilities to accelerate growth and impact on outcomes.

  • Slope Software

    Participated · Equity · Aug 2021

    Slope Software is a cloud-native actuarial modeling ecosystem that merges multiple disparate processes into a single unified platform. It reduces the labor required at every step, eliminates IT overhead, and provides access to data analysis which empowers teams to develop insights and build value. The platform simplifies and streamlines actuarial operations workflows across use cases including reserve calculations, product pricing, asset-liability management, embedded value, and capital projections. Led by Co-Founder and CEO Andy Smith, the company plans to use new capital to expand operations and broaden its business reach. The company raised $2.0m in funding to support growth. Investors in the round include Tech Square Ventures, Alerion Ventures, Charlotte Angel Fund, and existing investor Cofounders Capital. Slope Software is a software-as-a-service company providing an actuarial modeling platform. The platform optimizes and streamlines operations for insurance companies and consultants by enabling actuaries to perform analysis in less time. Led by CEO Andy Smith and CTO Taylor Perkins, the company launched the platform early last year. Slope will use proceeds from a $1M seed round to scale growth of the software platform. The seed round was led by Cofounders Capital, whose partner Tim McLoughlin will join the board. The company is based in Atlanta, GA and also maintains an office in Charlotte, NC.

  • Payzer

    Participated · Series D · Jun 2021

    Payzer provides a mobile and cloud-based Field Service Management platform for contractors. Its flagship product, Payzerware, is an end-to-end platform that enables contractors to run their business, grow sales, and simplify back-office operations. Payzerware includes scheduling/dispatch, invoicing, sales proposals, maintenance agreements, and integrated payment and financing solutions. The company distributes Payzerware with Payzercare, a customer service offering. Led by Co-Founder and CEO Joe Giordano, Payzer closed a $23M Series D equity round. The company intends to use the funds to expand its business reach across HVAC, plumbing, electric, roofing and other specialty trade markets. Payzer offers mobile and cloud-based software products for contractors, including Payzerware, an end-to-end field service management system, and the All-in-One Financial Tool that enables flexible mobile payments. The company serves HVAC, plumbing, electrical, solar and other contractor markets. Payzer raised $9.2 million in a Series C round to expand its product delivery and invest in software, payment technologies, and customer service. Leadership says the company is growing rapidly by meeting contractor needs. CEO and co-founder Joe Giordano emphasized increased investments in product, payments, and support. Giordano previously worked at Bank of America and served as a payment strategy and development executive and holds an MBA from George Washington University. Payzer is a Charlotte, N.C.-based provider of mobile and cloud-based financial tools for specialty trade contractors. Led by Co-Founder and CEO Joe Giordano, the company enables contractors to accept credit cards, debit cards, and electronic checks in the field or at the home office with real-time tracking across their organization. Payzer also offers instant financing up to $55,000 via mobile phone, tablet, or PC, and provides control over purchases by issuing employees Visa Debit Purchasing Cards rather than company credit cards. The platform supports payment acceptance and customer profile management alongside lending and purchasing controls. Payzer closed a $4.25M Series B round to support its growth. The company intends to use the proceeds to launch new products targeting HVAC, plumbing, electrical, solar, and other specialty trade markets. Payzer offers a mobile and cloud-based financial tool that enables contractors to grow and manage their businesses by closing sales and collecting payments in the field. The platform lets users accept credit cards, debit cards, and electronic checks, manage customer profiles, and track activity in real time across an organization. Payzer also provides instant financing of up to $55,000 and issues Visa Debit Purchasing Cards to control employee purchases. Led by co-founder and CEO Joe Giordano, the company intends to use new funding to launch additional SaaS and transactional products. Payzer is based in Charlotte, NC and currently employs 31 people. The article does not disclose revenue or user metrics. Payzer provides a mobile and cloud-based financial platform for contractors that enables acceptance of credit cards, debit cards, and electronic checks in the field or at the home office with real-time tracking across the organization. The platform also offers instant financing up to $55,000 accessible via mobile phone, tablet, or PC, and issues Visa Debit Purchasing Cards to control employee purchases. Led by CEO and founder Joe Giordano, Payzer combines payments, financing, and purchasing controls into a single tool for growing contractor businesses. Following the Series A, the company intends to use proceeds to accelerate sales and marketing growth and expand its product development team. At the time of the article Payzer was hiring inside business development representatives and LAMP stack developers to support product and go-to-market expansion. The company is based in Charlotte, N.C.

Team

  • Lee Richards

    Managing Partner & Founder

  • Wiley Becker

    Partner

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