Led · Equity · Jan 2026

Founded in 2005 by PC Musthafa and his cousins, iD Fresh Food pioneered preservative-free idli and dosa batter that tastes like homemade, using cold-chain logistics rather than chemicals to keep products fresh. Over time the firm has broadened its portfolio to whole-wheat parathas, curd, paneer, instant filter coffee, frozen fruit pulp and chutneys, all positioned as convenient, clean-label meal solutions. The business benefits from India’s fast-growing ready-to-cook (RTC) segment, which doubled in volume in 2023-24 and added 18 million new households. iD Fresh reported FY25 revenue of ₹681.38 crore, a 22 percent year-on-year increase, underscoring strong demand momentum. The company’s fresh-food positioning differentiates it from heat-and-eat frozen meals and attracts urban, time-pressed consumers. With new growth capital, management aims to deepen distribution and tap the still-under-penetrated RTC category, where only 4 percent of consumers use such products daily. The brand’s commitment to no preservatives and a focus on freshness remains its core competitive edge.

Participated · Series F · Apr 2024

Guesty offers a one-stop SaaS platform for accommodation managers, providing listing and booking management, analytics, accounting, multi-property management, and CRM features. It has added in-house payment services and capital advances, damage-protection services, website-building tools, and price-optimization integrations with dozens of listing interfaces. The company says its platform already covers “hundreds of thousands” of properties. Guesty is based in New York and has roots in Israel. Management plans to use new funding to expand the existing platform, move into medium-term stays beyond short-term lets, and pursue potential acquisitions. The company reported revenue growth of 5x over the last three years and expects to become profitable this year. Guesty provides a multi-channel property management platform that centralizes listing, calendar, guest communication, payments, accounting and analytics across major booking marketplaces. Its product today includes about 18 core features and roughly 130 third‑party integrations, and the company has acquired MyVR and Your Porter to broaden capabilities. Guesty is expanding toward greater automation and AI-based communication tools and plans to grow its fintech offerings (billing, credit lines, loans and risk management) to serve hosts as businesses. Leadership describes the company as moving beyond short‑term rentals into aparthotels, co‑living, glamping and other flexible accommodations and aims to offer an end‑to‑end platform for hospitality operators. The company reported 100% year‑on‑year growth, says revenue and listings under management have been doubling, and employs about 585 people. Guesty is not yet profitable but is aiming for profitability next year and is on course to surpass $100M in ARR in the first half of that year. Guesty builds a property-management platform for hosts on short-term rental marketplaces, and has expanded to support multi-unit listings and aparthotels. The company uses machine learning to classify and route roughly 80% of guest messages and plans to expand AI across its platform. It is building out a marketplace of third-party integrations and intends to continue investing in growth and technology. Guesty has been active on the M&A front, acquiring Y Combinator-backed MyVR and Your Porter to serve hosts ranging from small family-run businesses to enterprise-scale managers. Management says travel demand is rebounding, citing U.S. summer reservation volume up 282% versus summer 2020 (and 32% versus 2019) and U.K. reservations up 180% year-over-year (down 19% versus 2019). Guesty provides property managers and management companies an end-to-end platform to simplify short-term rentals. The platform lets users manage listings across multiple online travel agencies including Airbnb, Booking.com, Agoda and TripAdvisor and offers guest-centric tools such as a Unified Inbox, Automation Tools, 24/7 Guest Communication Services and Payment Processing. The company plans to use the funds to open new offices in key growth markets, enhance product capabilities and introduce AI and machine learning into the platform. It also intends to increase its presence in verticals adjacent to urban properties, including the vacation rental space, and to build out its Integrations Marketplace through additional third-party partnerships and integrations. Led by Co-Founder & CEO Amiad Soto, Guesty graduated from Y Combinator in 2014 and is utilized by property managers and management companies in more than 70 countries. Following the Series C, total funding stands at $60M. Guesty offers a vacation-rental management platform that acts like a CRM for property managers, helping track guest check-ins, revenue, and operational tasks. Its tools are designed to manage properties across multiple listing channels such as Airbnb and VRBO. The service aims to simplify running multiple properties as a business by centralizing listings and operations. The company positions itself to meet growing demand as marketplaces like Airbnb roll out more tiers and categories. Guesty was part of Y Combinator’s winter 2014 class and previously raised $3 million in May of the prior year. The company recently filed with the SEC that it raised $19.75 million in a new Series B round.

Led · Debt Financing · Sep 2023

Controlant provides a cloud-enabled software platform and high-end IoT devices combined with operational services to give real-time visibility and improve efficiency in pharmaceutical supply chains. The company emphasises reusable IoT devices, reverse logistics and automation to reduce CO2 emissions and material waste. Founded in 2007 and based in Iceland, Controlant gained early experience monitoring Iceland’s H1N1 vaccine and later distributed over five million Pfizer vaccines during the COVID-19 pandemic. Its offerings aim to simplify and transform pharma logistics through digitalisation and continuous monitoring. Controlant has a climate action plan to establish a greenhouse gas emission baseline in 2023 and begin annual sustainability reporting that year. The company recently raised €37.4M to support its next phase of growth. Controlant builds a real-time cold-chain monitoring platform that uses screen-based IoT tags linked to GSM networks and feeds environmental data into proprietary web and mobile apps. Its devices capture time, temperature and light events from vaccine shipments and stream that data to Controlant’s platform. The company confirmed it is providing monitoring services to Pfizer for the Pfizer-BioNTech mRNA COVID-19 vaccine and is also working directly with U.S. government stakeholders including the CDC, HHS and Operation Warp Speed. Controlant says its platform is being used throughout the U.S. supply-chain journey of the vaccines. In September the company secured $15 million in Series B funding to drive market expansion of its Cold Chain as a Service platform; total funding to date is $50 million. Gisli Herjolfsson is co-founder and CEO; investors are largely Iceland-based, and include Sjova, VIS and Frumtak.

Led · Series C · Jun 2023

Founded in 2015 and based in the San Francisco Bay Area, Swing Education operates an online staffing marketplace that connects qualified substitute teachers with K–12 schools and districts. The company streamlines substitute hiring and placement through technology and support services to keep student learning on track during absences. Swing serves thousands of school districts across California, Arizona, Illinois, Texas, New Jersey, New York and Washington, D.C., and reports millions of absence days filled to date. Management says it is expanding nationwide to address acute substitute-teacher shortages and increase district coverage. To support that expansion and provide liquidity for seasonally driven demand, Swing secured a non-dilutive $20 million growth loan commitment from Runway Growth Capital. The financing is structured to support scaling while preserving equity, according to the company and lender statements. Swing Education operates an online staffing marketplace that matches K-12 schools with substitute teachers. Founded in 2015 and headquartered in San Francisco, the company pairs a technology platform with dedicated success teams to improve the substitute-teacher experience and simplify school staffing. Swing serves over 2,800 partner schools across California, Arizona, Texas, Illinois, New York, New Jersey, and Washington, D.C., and in the 2022–23 school year supported filling over one million instructional hours with substitute teachers. To date the company reports more than 300,000 absence days filled. Swing emphasizes treating substitutes better to attract more individuals to the profession and offers upskilling and pathways into teaching. It plans to use new funding to grow its substitute pool and school partnerships in existing regions and to expand into new regions in 2024. Swing Education is an on-demand marketplace that connects schools with qualified substitute teachers. The platform allows registered substitutes to access daily requests from hundreds of schools and serves a pool of both veteran educators and newcomers. Swing has growing communities of substitutes in California, New Jersey and the District of Columbia. Nearly 50% of its teachers come from under-represented communities. The company plans to use the funds to raise the prominence of substitute teaching, offer resources to promote excellence in substitute instruction and expand into new regions. Founded in 2015 and led by CEO Mike Teng, Swing is based in San Mateo, California and recently raised $15m in a Series B round.

Led · Equity · May 2023

IBS Software provides Software-as-a-Service solutions that manage mission-critical operations across the travel and logistics sector. Led by Founder and Executive Chairman V K Mathews, the company serves aviation, tour & cruise, hospitality, and energy & resources customers. Its aviation suite covers fleet and crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS also operates a real-time B2B and B2C distribution platform for hotel inventory, rates and availability, plus a digital platform for tour and cruise operations and logistics-management tools for energy customers. The company operates from 16 offices worldwide. It intends to use the new funds to expand operations and broaden its business reach. IBS Software develops new-generation software products for airlines, airports, cruise lines, travel distributors and oil & gas companies. The company serves travel, transportation and logistics customers with enterprise software solutions. It is led by Founder and Executive Chairman VK Mathews and CEO Rajiv Shah. IBS has a global presence with nearly 3,000 professionals across nine offices in North America, Asia Pacific, Europe and the Middle East and Africa. The company is privately held and in 2015 became the subject of a major private equity transaction. That transaction is expected to close within a month, subject to customary regulatory approvals.