Participated · Series B · Sep 2023

Writer offers a full-stack generative AI platform including its Palmyra family of LLMs, graph-based RAG, customizable AI guardrails, and both no-code and codeful development tools. The company recently released Palmyra X 004, highlighting state-of-the-art accuracy and reliability in tool calling for complex actions. Writer is focusing on building agentic AI that can plan and execute complex enterprise workflows across systems and teams. It serves hundreds of large customers—examples include Accenture, Vanguard, Salesforce, Uber, Intuit, L’Oreal, Mars, Ally Bank, Franklin Templeton, Kenvue, Lennar, Prudential, and Qualcomm. Customers have saved millions of hours and see a 9x return on investment on average. Writer plans to use new capital to accelerate development of autonomous enterprise AI solutions and expand quick-start applications and agents for healthcare, retail, and financial services. Writer develops a full‑stack generative AI platform aimed at enterprise customers, offering text generation tuned for business use and workflow integration. The product emphasizes retrieval‑augmented generation, data gathering/cleaning, and enforceable regulatory, legal and brand controls. Writer says its models are smaller, cost‑effective, transparent, trained on non‑copyrighted business writing, and never trained on customer data. Customers can connect models to internal business data sources for better research, fact‑checking and question answering. The company reports “hundreds” of customers including Intuit, UnitedHealthcare, UiPath, Spotify, L’Oréal, Uber and Accenture, and says it is based in San Francisco with a team of about 100 employees. Writer also claims to have grown revenues 10x over the last two years. The new funding is intended to fund development of industry‑specific text‑generating models. Writer builds an intelligent integrated style‑guide web app that plugs into Chrome, Word and other platforms to enforce tone, grammar, inclusive language and company-specific rules while avoiding use of client content for model training. The product offers configurable rules for hyphenation, spacing, date formatting, serial commas, text snippets, multi-team support and Figma integration, and the company is expanding from correction into automation. Writer has signed roughly 150 customers including Twitter, Intuit, Pinterest, Accenture, Deloitte and UnitedHealthcare, and reports rising DAUs, MAUs and a tripled ARR over the last year. Headcount has grown from 14 to 25 in the past year as the company scales operations. The company is developing a more sophisticated language-aware AI system, described as akin to GPT-3 but independently developed, to provide context-aware suggestions and automated approved copy insertion. The $21M Series A is intended to help the company continue hiring and expand its service offerings. Writer provides an in-browser and in-app writing assistant that enforces custom style guides, flags insensitive or outdated language, and suggests context-appropriate replacements to maintain brand voice. Its NLP engine evaluates tone, sentence complexity, formality, gendered language, and other stylistic metrics, and can be configured per app or document type. The product runs locally in the browser as a plug-in (integrating with Word and Chrome) so text processing stays on the client and only minimal correction-usage data is sent back. Writer is English-only for now; expanding to other languages would require building new language-specific models. The company offers a basic plan at $11 per person per month and negotiates enterprise deals for multi-guide and advanced features. Writer has been developing its NLP engine for about 18 months (building on a prior GitHub-monitoring effort) and already counts some top-tier, household-name customers.

Participated · Series C · Sep 2022

Evident offers a SaaS platform that extracts and digitizes data from certificates of insurance and other evidence to provide initial verification and ongoing monitoring of third-party insurance. Its solution automates verification, compliance remediation, verification decisioning, and insured re-engagement to reduce third-party risk and improve compliance rates. The company serves enterprise customers across grocery, retail, convenience stores, manufacturing, lending and transportation. Evident says recent product milestones enable automation of more than 90% of the insurance verification process. It has formed strategic partnerships with insurers including Vouch Insurance and NEXT Insurance to connect enterprise customers and vendors with coverage solutions. The company positions its automated approach as an alternative to costly, error-prone home-grown systems and traditional service providers. Evident ID operates an Identity Assurance Platform that verifies identity and credentials holistically by connecting to thousands of authoritative sources via a single API. The platform assesses online and offline factors—business licenses, biometrics, insurance, criminal history and more—and supports step-up and continuous verification with end-to-end cryptography. Evident emphasizes privacy-preserving machine learning and computer vision, including facial recognition, to reduce friction while mitigating fraud. The company reports 300% year-over-year customer growth, which investors cited as a key driver for the latest financing. With the new capital, Evident plans to deepen investments in AI, machine learning, computer vision and facial recognition technologies. It will also expand its team to meet rising demand across marketplaces and high-volume, sensitive applications. Evident is targeting additional growth in industries including insurance, healthcare and financial services. Evident offers a cloud-based platform that enables businesses and individuals to manage and share verified personal data using cryptography. Led by founder and CEO David Thomas, the company provides verified personal data sharing tools for both enterprises and consumers. Evident is based in Atlanta, GA and currently serves customers in 65 cities across 23 countries. In September 2017 the company raised $8.8M in a Series A financing. The company said it will use the funds to continue to expand operations across its customer footprint. The product and expansion focus target greater adoption of verified personal-data exchange and cryptographic protections.

Participated · Series C · Apr 2022

Silverfort provides a vendor-agnostic identity protection platform that enables modern identity security across on-prem and cloud environments. Its patented technology connects to enterprise identity silos in hours to map infrastructure, analyze security posture, inspect access attempts in real time, and enforce active inline policies as a centralized enforcement engine or ‘second opinion.’ The platform extends protection to systems other solutions cannot secure—legacy systems, command-line interfaces, service accounts (non-human identities), and IT/OT infrastructure—while operating invisibly without modifying protected devices or applications. The company is led by co-founder and CEO Hed Kovetz and has local teams in more than 15 countries, with solutions used by hundreds of leading enterprises including multiple Fortune 50 companies. Financially, Silverfort raised $116M in a Series D, bringing total capital raised to $222M. The company plans to use the funds to expand its platform with new product modules and accelerate its go-to-market strategy with an emphasis on channel partnerships. Silverfort provides a platform that works alongside existing identity management products to cover identity services and machines that are otherwise uncovered across enterprise IT silos and legacy systems. The platform takes a snapshot of a company’s machines and observes authentications to deliver Threat Detection and Response (ITDR) and Identity Threat Prevention (ITP) capabilities. Its approach is patented and operates as a “second opinion,” receiving forwarded authentications from other ID platforms rather than replacing them. Customers include Singtel, Samsonite and UPS among a total of more than 200 customers, roughly half of which are based in the U.S. The company reports 2.5x year-over-year growth overall and 3.5x growth in the U.S.; it says the new funding will be used to expand. The Series C brings total financing to over $100 million and the valuation for this round was not disclosed (PitchBook’s last estimate was $150M in August 2020). Silverfort offers the industry’s first agentless, proxyless authentication platform that enforces Multi-Factor Authentication, Risk-Based Authentication and Zero Trust policies across on-premises and cloud systems. Its architecture requires no agents, SDKs or proxies and includes an AI-driven risk engine that automatically adjusts policies based on user behavior. Silverfort can protect systems that other vendors can’t integrate with, including homegrown and legacy applications, critical infrastructure, file systems, IoT, command-line interfaces and machine-to-machine access. The platform is positioned to prevent account takeover, ransomware and lateral movement while enabling secure cloud migrations without modifying servers or applications. The company, which has large enterprise customers worldwide and partnerships with top security vendors and channel partners, will use the new funding to expand sales, marketing, engineering and customer success teams globally. To date Silverfort has raised $41.5 million in total funding, including the newly announced $30 million Series B. Silverfort provides an AI-based policy platform that enables adaptive multi-factor authentication across entire networks and cloud environments, including systems that do not natively support MFA. Its patent-pending technology is non-intrusive and does not require deployment of software agents or inline gateways. The platform covers proprietary systems, IoT devices, shared files and folders, and industrial control systems. Silverfort targets customers across financial, healthcare, energy, legal and technology industries to secure corporate identities, protect critical assets and prevent data breaches. The solution helps organizations achieve compliance with regulations such as GDPR, PCI and HIPAA without reducing productivity. The company plans to expand its sales, marketing, security research and engineering teams in the US, Israel and Europe using the new funding.

Participated · Series B · Apr 2022

Future Family provides buy-now-pay-later financing for fertility services, offering 60-month loan plans ranging from $300 to $475 per month that cover clinic procedures, lab work and medications. The company partners with clinics to set pricing and eliminate surprise bills. Future Family saw its gross transaction volume — the volume of patients it was financing — jump 300% in 2021 and doubled its headcount that year. Its financing model is positioned against the average IVF cycle cost (around $12,400) to make treatment comparable to other financed purchases. The new funding will be used to expand its clinic network, invest in staffing and product development, and explore new channels. CEO Claire Tomkins indicated more product and growth news is expected in the second half of the year. Future Family partners with fertility clinics to pre-negotiate pricing, eliminate surprise fees, pay bills upfront to clinics, and convert substantial upfront costs into monthly payment plans for patients. Each user is assigned a dedicated Fertility Coach to help navigate the treatment journey. The company was founded out of CEO Claire Tomkins’ own experiences with costly, surprise fertility bills. Future Family saw significant disruption in 2020 when many clinics closed during the pandemic, but reports demand rebounded in 2021 with expectations of record activity in the second half of the year. To meet rising demand, it is expanding its network of partner clinics, adding groups such as CCRM with locations in Minneapolis, Houston, Denver, San Francisco and other metros. Financially, the company is announcing a new $9 million financing as it scales clinic partnerships. Future Family partners with fertility clinics to lock in often unpredictable procedure costs, covers those upfront expenses, and converts them into approachable monthly payment plans for customers. The company covers costs like IVF and egg freezing to make fertility care more accessible. High upfront funding needs produced long waitlists; to address that the company secured a $100 million credit line to serve more people immediately. The new capital is intended to clear waitlists and allow the company to offer same-day approval and financing to new customers. Founder Claire Tomkins started the company after spending hundreds of thousands on fertility care for her first child and aims to simplify and expand access to treatment. Recently Future Family adjusted its model to operate more like a monthly subscription than a loan, allowing additional costs such as genetic testing and travel to be wrapped into financing. This credit facility follows a $10 million Series A raised roughly two months earlier. Future Family offers subscription-based financing for fertility services, shifting from loan-like products to flexible monthly plans that can be adjusted if additional services are needed. Plans start at $195/month for 60 months for clinic pairing and concierge support, while $250/month for 60 months covers lab work, medication, clinic visits and the IVF procedure. The company partners with clinics to pre-negotiate pricing and pays bills upfront to eliminate surprise charges. CEO Claire Tomkins founded the company after personally spending hundreds of thousands on fertility treatments and experiencing unexpected costs. The $10M Series A will be used mainly to expand the monthly subscription offerings and grow the network of partner fertility clinics. The company had previously raised around $4.2M, and Aspect Ventures’ Lauren Kolodny will join Future Family’s board as part of the round.

Participated · Series D · May 2021

Vida Health delivers a full‑stack virtual chronic care platform that combines an AI‑personalized experience with human clinicians (therapists, coaches, dietitians, diabetes educators) via video, messaging, and digital content. The company treats mental and physical conditions together, applying cognitive behavioral science and machine learning to drive long‑term behavior change. Vida expanded a nationwide provider network by more than 400% and launched a complete Spanish experience while tripling revenue since the start of 2020. Its customers include large employers (Boeing, Visa, Cisco, eBay) and major health plans (Centene, Humana, Blue Cross Blue Shield plans). Vida reports more than 400,000 people with diabetes have access to its services and saw a 6000% increase in therapy sessions year over year. The company plans to scale its clinician network, deepen machine learning capabilities, broaden commercial efforts, and expand mental health and chronic‑disease offerings. Vida commercially launched a direct-to-consumer iPhone app offering app-based health and wellness coaching. The service connects users to nutritionists, physicians, diabetes educators, nurses and coaches across eight initial programs including weight loss, fitness, detox, stress reduction, cholesterol lowering, blood pressure lowering and diabetes prevention. Programs are priced at $15 per week and Vida says its coaches have experience with more than 20 health conditions. The company has begun three-month IRB clinical trials at MD Anderson Cancer Center and will soon begin one at Duke University Hospital; it is also working with Duke on a cardiac rehab program and has integrated MD Anderson recovery protocols for certain cancers. Vida plans to develop an Android app and is testing other distribution channels, including employer per-employee pricing and offerings to providers; insurance companies are on the roadmap. The company is led by CEO and founder Stephanie Tilenius, who previously worked at Kleiner Perkins, Google and eBay/PayPal.