Participated · Series A · Mar 2025

Topanga provides an enterprise software suite to manage and optimize each step of reusable packaging programs, from fulfillment and tracking to customer experience. Its flagship offering, ReusePass, is a track-and-trace reusables solution with a proven 98%+ return rate across 67+ dining programs in North America. The company’s newest product, StreamLine, is a smart scale with an interface and AI item recognition for production optimization and food-waste mitigation. Topanga is led by CEO Page Schult and is based in Los Angeles, CA. The company raised $8M in Series A financing and intends to use the funds to expand operations and accelerate product development. Current operating metrics disclosed include the ReusePass return rate and the number of dining programs using the solution.

Participated · Series A · Jul 2024

Founded at Harvard and Stanford Universities in 2021 by Camille Ang and Jiawen Tang, Hive Health is a full-stack digital health insurer serving SMEs and startups. The company offers comprehensive HMO plans covering outpatient, inpatient, emergency, dental care, mental health, medicines, and LGBTQIA+ partner coverage through a nationwide network of 1,700 hospitals and clinics and over 60,000 doctors. Hive Health operates a vertically integrated digital platform including telehealth, care coordination, an HR dashboard for employers, an Electronic Medical Records system, and an integrated provider portal for claims management and faster payouts. Prior to this raise the company acquired Health Plan Philippines, Inc. (HPPI), securing a full insurance license and a 37-year nationwide provider network. The company plans to use the funds to grow its team, invest in its technology platform and operations, elevate patient and employer experience, and expand its network to more providers including in remote areas.

Led · Equity · Jul 2023

Topanga builds a reusable packaging system aimed at eliminating single-use takeaway containers from delivery orders on platforms such as Grubhub. Its product uses reusable containers tagged with QR codes to enable tracking and returns, and it offers rewards for participation. The company is integrated into Grubhub’s UI and has commercial partnerships with Aramark, Sodexo and Compass; its system is currently in use on six college campuses. Topanga pursues a campus-first growth strategy to simplify returns, limit tracking to restricted areas, and encourage habit formation among students. It plans to expand into campus-adjacent markets and similar food-provision systems, and will deploy Topanga-tagged containers via zero-emission Starship robots at Colorado State University this fall. Topanga recently raised $3.6M in a funding round led by Amasia, with participation from Struck Capital and Wonder Ventures.

Led · Series A · Oct 2022

Joro is a personal carbon‑cutting app that tracks users’ carbon footprints and helps them reduce and offset emissions. Users can connect financial accounts via Plaid so Joro can estimate emissions from spending (e.g., gas, airfare) and offer personalized suggestions. The app offers paid subscriptions for offsetting emissions, with most users paying about $30 per month (ranges reported from ~$10 to $1,000). Joro vets offsets regularly for additionality, verifiability, permanence and “transformative potential,” and aggregates purchases so users can access higher‑quality offsets. The company charges a 17% fee on monthly subscription revenue to cover services and offset vetting; offsets in its portfolio range from $12–$600 per metric ton and average about $25/ton. Joro has recently tripled its monthly active users and reported an average compound monthly growth rate of 25%. Joro is a consumer-facing app that uses spending data integrated via Plaid to estimate users' personal carbon footprints and recommend actions to reduce and offset emissions. The product combines automated footprint tracking with community features such as sustainability challenges, classes and a social network to drive behavioral change. Founder Sanchali Pal built the company after work in international development and while at Harvard Business School; she co-founded Joro with J. Cressica Brazier. The app's community reported reducing nearly 6 million kilograms of CO2 in 2020, though the company has not disclosed total user counts. Pal estimates that better consumer choices and behavioral changes can cut an individual's footprint by up to 30%. Joro raised external capital to scale the product and community, securing seed funding to further develop its measurements, education and engagement features.

Led · Equity · Aug 2022

Clarity Movement offers an air quality monitoring solution composed of hardware, software and services to help customers understand and respond to air pollution. Led by CEO David Lu, the company operates as a remote-first organization headquartered in Berkeley, CA. Thousands of Clarity nodes have been installed in hundreds of cities across more than 60 countries, including London, Los Angeles and Singapore. Its networks support add-on modules; the first three modules—for Wind, Ozone, and Black Carbon—were introduced in 2021 in response to customer demand. The company intends to use recent funding to support global growth and accelerate product development aimed at combating climate change. The articles report the company raised US$9.6M in the disclosed round.