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The Venture Codex

Arborview Capital

5425 Wisconsin Ave, Suite 704, Chevy Chase, Maryland, 20815, United States

Overview

Patient, experienced, growth equity investing - For the past two decades, Arborview's partners have been teaming with exceptional management teams to build best-of-breed businesses in high growth industries. Arborview has built a reputation as partners and trusted advisors to management teams looking for strategic, impact-focused growth capital that helps create positive change and top-tier returns to all stakeholders.

Total investments
7
Lead investments
4
Investments · 12mo
1
Active investors
5

Sector focus

  • Finance
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Alpen High Performance Products

    Led · Series B · Jul 2026

    Alpen High Performance Products designs and manufactures high-performance windows, doors and architectural glass, including thin glass insulated glass units (IGUs), Winsert secondary glazing, and fiberglass and uPVC window and door systems. The company has implemented automated manufacturing capable of producing thin glass IGUs with insulating performance up to R15 and has begun third-party sales of those IGUs to other North American manufacturers. Over the past two and a half years Alpen reported more than 50% growth and sales of its Winsert and commercial windows have increased more than fourfold. It says it has transitioned from a bespoke manufacturer into a national brand with a scaled and standardized product suite and has professionalized its sales organization. Alpen has also invested in engineering, customer success, and IT teams to support production scale and customer service. The company is based in Louisville, Colorado.

  • TemperPack

    Participated · Equity · Mar 2022

    TemperPack manufactures sustainable thermal insulation for cold chain packaging, centered on its patented ClimaCell thermal liners. ClimaCell is a recyclable, non-toxic alternative to expanded polystyrene (EPS) used to ship perishable foods, pharmaceuticals, and life-science products. The company says its materials protect millions of shipments every month and has experienced rapid growth driven by strong demand. TemperPack intends to use new funding to expand capacity for protective materials technologies, grow its geographic footprint, and extend customer reach. The $140 million equity financing strengthens its financial position to scale sustainable, high-performance protective materials. TemperPack was founded in 2015 and is based in Richmond, Va. TemperPack produces sustainable insulated packaging aimed at perishable last-mile e-commerce, with its flagship ClimaCell® thermal liner marketed as a curbside recyclable alternative to expanded polystyrene foam. Its customers include meal kit, frozen foods, and life science companies. The company emphasizes environmental benefits and performance parity with plastic foam. Prominent investors in TemperPack include Revolution Growth, Wheatsheaf Group, SJF Ventures, Arborview Capital, and Harbert Growth Partners. TemperPack intends to use financing to accelerate growth and expand customer service. Management stated the company will deploy proceeds to support growth and general working capital needs. TemperPack’s core product is ClimaCell, a patented, plant-based thermal liner that provides protection comparable to expanded polystyrene (EPS) while being 100% curbside recyclable and reducing carbon emissions. The company focuses on thermal packaging for direct-to-consumer food and life-sciences shipments and has expanded capabilities to ship insulin, diagnostic test kits and biologic medicines. TemperPack was founded in 2015 and operates facilities in Richmond, Virginia and Las Vegas; it reports about 220 employees and plans to add roughly 80 more over the next 12 months. Recent customer additions include Illumina and UPS Healthcare. The company says demand accelerated during the COVID-19 pandemic as customers doubled down on replacing Styrofoam with sustainable alternatives. TemperPack intends to use new funding to buy equipment, boost manufacturing capacity in Richmond and Las Vegas, increase market share in food and life sciences, and pursue expansion into Europe with a facility in a few years. TemperPack develops ClimaCell recyclable packaging for temperature-sensitive items such as food and medicine. The company positions its product as an alternative to landfill-bound packaging materials commonly used in e-commerce. In September it expanded a production facility in Las Vegas, a move the company said would create 33 new jobs in Nevada. Customers named in the article include HelloFresh, Misfit Markets, Diplomat Pharmacy and OptionOne Pharmacy. TemperPack has raised roughly $40 million since its 2015 founding, most recently reporting $13 million in new equity funding and other securities. The company was founded by James McGoff, Brian Powers and Charles Vincent and is based in Richmond. TemperPack engineers, manufactures and distributes sustainable thermal packaging products that replace single-use plastics with proprietary bio-based materials. The company designs and tests products in its Proving Ground laboratory to meet client specifications for applications ranging from fresh food delivery to shipment of biologic drugs. TemperPack operates two factories in Virginia and Nevada. Founded in 2015 and headquartered in Richmond, Virginia, it is expanding its reach in food and life-science cold chain logistics markets. In October 2019 it raised $22.5M in a Series B to support that expansion. Its stated goal is to reduce the amount of packaging that ends up in landfills.

  • Perch Energy

    Led · Series A · Mar 2022

    Perch operates a clean energy technology platform and community solar servicer that handles customer acquisition, onboarding, lifecycle management, billing, and regulatory/policy support for solar developers and asset owners. The company provides services for more than 140 active community solar projects and has contracted over 250 MW of capacity. Since launching as an independent company in early 2021, Perch has doubled its number of clients and markets, and contracted annual recurring revenue grew by approximately 30% in six quarters. Perch reports its platform has helped renters, homeowners, and businesses save more than $21 million cumulatively and that projects it services have generated or will generate over one billion kWh across Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, and Washington, D.C. The company plans to expand into new sales channels, products, and community solar markets (including planned expansion into California, Delaware, Illinois, and Virginia), scale operations and customer care, grow management talent, and pursue strategic partnerships. Perch Energy provides a community solar services and management platform plus a direct-to-consumer energy platform for homeowners, renters, businesses, and solar farm owners. The company offers onboarding, billing, customer engagement, and an automated platform to help customers customize their energy mix and savings. Perch was spun off from BlueWave Solar and operates with an established customer and revenue base. To date it has enabled more than 8,100 community solar subscriptions and delivered over $9.7 million in customer savings. Perch plans to use new funding to add talent and resources, build upon its community solar services and management platform, expand its direct-to-consumer offering, and accelerate growth into an expanding list of U.S. markets. The company recently appointed Bruce Stewart, an energy and technology executive, as CEO to lead the next stage of growth.

  • Copper Cow Coffee

    Led · Series A · May 2021

    Copper Cow Coffee sells single-use pour-over coffees and natural creamers inspired by Vietnamese coffee, available direct-to-consumer and in retail. The company emphasizes sustainability and ethical sourcing from Vietnamese farms, with organic agricultural and processing practices such as composting, non-use of pesticides, and polyculture. Since launch the company has tripled revenue annually and its subscription service, featuring a rotating selection of naturally flavored coffees, is its fastest-growing channel. Its products are distributed in over 3,000 retailers, including Whole Foods Market, Sprouts, and Walmart nationwide. Debbie Wei Mullin is the founder and CEO, and the company has formed an all-female board. Copper Cow positions itself as eco-friendly and quality-obsessed as it expands distribution and product offerings.

  • Rachio

    Led · Series A · Feb 2016

    Rachio builds WiFi sprinkler controllers that automate home irrigation and is positioning its hardware as the equivalent of a Nest thermostat for watering. The new Gen 3 controller has a redesigned hardware form factor, adds 5 GHz WiFi support (in addition to 2.4 GHz), and expands compatibility with more sprinkler systems. It also debuts an upgraded Weather Intelligence system the company says delivers weather accuracy to within 36 feet of the controller. Rachio is introducing a new Flow Meter (shipping in May) that measures water flow, detects leaks, and can shut off water when a leak is detected. The company will sell 8‑zone and 16‑zone Gen 3 controllers for $249 and $299 respectively, with bundle pricing including the Flow Meter at $279/$329; pre-orders begin today and units ship in April. Financially, Rachio raised $10M in a Series B in this round and previously had raised roughly $10.5M, and the company reports cumulative unit sales in the six‑figure range. Rachio builds smart sprinkler controllers paired with cloud-based software that enables remote management of outdoor irrigation via iOS and Android devices. The app allows users to calibrate soil, vegetation, slope, sun exposure and nozzle types and to select national or personal weather stations for accurate weather data. Its software makes automated adjustments over time so customers can tune systems to their specific landscapes. Rachio’s controllers are sold through major retailers including Best Buy, Home Depot, Amazon.com and Apple stores. The company is based in Denver, Colorado. According to a regulatory filing, Rachio completed a funding raise reported on 26 November 2015. Rachio is a Denver, CO–based software and hardware company that makes an intelligent sprinkler controller and companion smartphone app to improve residential water efficiency. Its controller monitors weather conditions automatically and adapts watering to the specifics of a user's yard to deliver better results and lower costs. The company is led by CEO Chris Klein and provides control and dashboard options through its mobile app. Rachio received an investment from Amazon's Alexa Fund; the amount and terms were not disclosed. It plans to use the Alexa Skills Kit to build Alexa skills that enable customers to ask for schedule updates, list recent watering events, and initiate watering in a specific pre-set zone by voice. No revenue, user counts, or prior financing details are provided in the article.

Team

  • Karl Khoury

    Co-Founder and Partner

    LinkedIn
  • Joseph Lipscomb

    Co-Founder and Partner

    LinkedIn
  • Roger Ballentine

    Venture Partner

    LinkedIn
  • Maggie Varona

    Chief Financial Officer