Participated · Series B · Oct 2024

WarrCloud offers a technology platform that leverages AI to automate warranty claims processing for dealers and manufacturers in the automotive sector. The platform helps dealers reclaim profits and reduces reliance on a shrinking labor pool, while giving manufacturers access to warranty data for analysis to improve manufacturing processes, reduce costs, and improve vehicle quality. The company announced partnerships in 2024 with FordDirect, the Missouri Automobile Dealers Association (MADA), and the American International Automobile Dealers Association (AIADA). Led by CEO and Founder Jim Roche, WarrCloud plans to use new funding to accelerate investments in AI technology to further enhance warranty claims automation. Financially, the company announced a $20M Series B in 2024 following a $6.5M Series A in November 2023 and has raised $40M since it was introduced to the market in 2021. The product and recent partnerships indicate a focus on scaling adoption across dealers and manufacturers.

Led · Equity · Jul 2020

Mediant delivers investor communications solutions to brokers, corporate issuers and funds, driven by technology and strict compliance with industry regulations. Its offerings enable brokers to manage all touchpoints within the investor communications lifecycle, from proxy statements and prospectuses to voluntary corporate actions. The company provides technology and technology-enabled services to banks, brokers, corporations and funds. Led by Founder and CEO Arthur Rosenzweig, Mediant focuses on expanding its technology and solution capabilities for clients. In July 2020 the company raised $18.5M in equity funding via conversion of existing debt. The company intends to use the funds to invest in its technology and solution offerings.

Led · Equity · Jun 2020

MessageGears offers a hybrid customer-engagement platform that accesses first-party data in place (BigQuery, Redshift, Snowflake) to power segmentation, personalization and cross-channel message orchestration. The platform executes campaign filtering and segmentation within customers’ data environments and only passes minimal, decrypted data to the cloud for message personalization; PII is encrypted in transit and at rest and redacted after delivery. Its features include customer segmentation, marketing message personalization and orchestration across channels such as email and SMS. Early adopters and customers include Expedia, T‑Mobile, Rakuten and Chick‑fil‑A; the company reports an over‑50‑company customer base. MessageGears was founded in 2011 and currently has a 102‑person workforce; leadership declined to disclose revenue or burn rate. Management says it has no plans to grow headcount by the end of the year but is positioned for growth given enterprise demand for first‑party data solutions. Led by CEO Roger Barnette, MessageGears offers a customer marketing platform that enables large enterprise brands to leverage all of their customer data in real time to send personalized messaging across multiple marketing channels at scale. The platform connects directly to modern data warehouses including Snowflake, Google BigQuery, Amazon Redshift and Microsoft Azure. Enterprise customers using MessageGears include Expedia, Rakuten Rewards, Chick-fil-A, T-Mobile and OpenTable. The company closed a $12m growth financing to support its operations. Proceeds from the financing will be used to expand engineering, customer support, sales and marketing resources. In conjunction with the round, Argentum’s Walter H. Barandiarán joined MessageGears’ board of directors.

Participated · Series C · Dec 2018

NuORDER operates a B2B e-commerce platform focused on commerce and discovery, offering Virtual Showroom technology, visual assortment and merchandising tools, payments and data integration. The platform connects more than 3,000 brands and over 500,000 retailers, providing enterprise-level technology at scale. NuORDER’s product set emphasizes visual merchandising and integrated payments to streamline wholesale and retail workflows. Leadership is led by Olivia Skuza and Heath Wells, and the company is headquartered in Los Angeles with offices in New York City, Milan, London, Paris and Australia. The company intends to use the new funding for continued growth and expansion within focus markets. The articles describe a strategic push into European fashion and luxury retail markets supported by board-level hires. Nuorder is a Los Angeles, CA-based B2B wholesale eCommerce platform led by Olivia Skuza that provides sales teams and buyers a central place to browse products and catalogs, access up-to-the-minute sales and inventory data, and place orders 24/7/365. The company powers B2B eCommerce sites for more than 1,000 vendors and 435,000 buyers. To date, $16 billion worth of gross merchandise volume has been sold on the platform. Nuorder intends to use the funds to continue to develop its solutions, accelerate product innovation and grow its team. The product emphasizes centralized catalog and inventory visibility and mobile and desktop ordering for buyers and sales teams. The company has raised $40m in total financing to date, including the recent Series C. NuORDER provides a cloud- and mobile-first eCommerce experience designed specifically for B2B wholesale, giving brands and retailers a central place to browse catalogs, access up-to-the-minute sales and inventory data, and place orders 24/7. The platform powers over 800 vendors and 300,000 retailer buyers and has transacted $5 billion in specialty store orders to date; the company turned cash positive in 2016. NuORDER offers a rich feature suite and a mobile app intended to replace pen, paper and fax-based wholesale workflows. The company plans to use new capital to fund product development and innovation, scale customer success globally, expand into new industries, and grow its product line. NuORDER said it will release new products in the second half of 2017 to further support specialty brands and increase efficiencies. The company was founded in 2011. NuORDER is an L.A.-based startup that brings the wholesale fashion business online via a marketplace and an iPad app. Brands and designers can create custom digital linesheets, place orders, update inventory in real time, and integrate with inventory or accounting systems. Buyers access collections online and can place digital orders; the platform is free for buyers while brands and designers pay a subscription fee. The iPad-focused app works offline so brands can conduct business during in-person meetings and trade shows. Customers include Helmut Lang, Levi’s, Elizabeth and James, Adidas, Ted Baker, Cheap Monday, Alternative Apparel, and Citizens of Humanity. Over 750,000 units of clothing have been sold through NuORDER in the last 12 months.

Led · Equity · Nov 2017

Resonate provides A.I.-driven consumer data and analytics through its Resonate AI-Data Engine and the Resonate Ignite SaaS platform, delivering privacy-safe, real-time insights and activation capabilities. Its Elements dataset contains more than 14,000 proprietary consumer attributes and is scaled to roughly 230 million individuals and the 1 billion devices they use. Hundreds of brands and agencies use Resonate for research, analysis, omnichannel activation and to inform strategic planning and marketing. The company emphasizes dynamic profiling that captures changing sentiment and behavior amid events such as COVID-19 and inflation. Resonate plans to use the new investment to expand mission-critical consumer data, enhance its AI-data infrastructure and ID graph, and grow product and technology offerings. Terms of the transaction were not disclosed in the announcement. Resonate provides a SaaS platform that delivers real-time consumer intelligence, data and media activation, claiming proprietary profiles on 200M+ U.S. adults. The company combines primary research, behavioral infrastructure and AI to help marketers identify, understand and engage customers across channels. Resonate has seen 10x growth in its real-time consumer intelligence SaaS platform business in 2017 year-to-date. The firm plans to use new funding to accelerate go-to-market activities, expand sales into key B2C brand verticals and agency partnerships, and add customer-facing mobile and location-based analytics. Product investments will deepen its “always on” research and behavioral infrastructure and expand AI and deep learning capabilities. Resonate is headquartered in Reston, Virginia and is privately held.