Led · Series B · Oct 2023

Harri provides a mobile-first Frontline Employee Experience platform that covers talent attraction, modern workforce management, employee engagement, scheduling, and compliance for service-focused businesses. The platform is built natively for frontline employees and managers and is praised for ease of use, comprehensive features, powerful scheduling, and deep compliance capabilities. Harri serves over 35,000 restaurant and hotel locations and four million hospitality employees globally, with emerging growth in retail and healthcare. Its customer roster includes marquee operators such as Jersey Mike’s, Subway, McDonald’s, Wolfgang Puck, Radisson Hotel Group, and others. Harri plans to deepen its business intelligence and "intentional AI" solutions and expand go-to-market efforts to increase productivity, satisfaction, retention, and profitability. The company raised $43M in growth equity to fund continued innovation, accelerate growth, and scale in response to market demand. Harri is an enterprise employee experience platform built for service-driven industries, interconnecting solutions for employment branding, talent acquisition, applicant tracking, hiring, onboarding, retention, scheduling, timekeeping, communications, compliance, employee performance, and analytics. Its products are used at over 26,000 locations and by more than 1 million employees per month, and the company serves over 430 clients across the US, UK and Europe, primarily in hospitality segments including QSR franchise systems, fast casual, upscale casual dining and hotels. Harri positions itself as a comprehensive HCM platform intended to replace existing point solutions. The company announced growth financing from Golub Capital as part of a broader $30 million funding round to capitalize on strong enterprise momentum. Proceeds are intended to accelerate enterprise SaaS development, expand capabilities for enterprise customers, and drive growth into new verticals and global go-to-market expansion. Harri plans to leverage the financing to enhance its market-leading product platform and support hyper-growth.

Participated · Debt Financing · Jun 2023

Tabby started as a BNPL pioneer in the Middle East and has broadened into online and in‑store payments and wider financial services. Its core products include online/in‑store BNPL, the Tabby Card for flexible spending, Tabby Plus subscription rewards, and Tabby Shop for longer‑term payment plans. The company says it is profitable, serves 15 million customers, and supports more than 40,000 brands and merchants. Tabby reports annualized transaction volume has doubled to over $10 billion, and management attributes improved profitability to new product launches that increased usage frequency. The fintech has expanded via acquisitions such as Tweeq, a Saudi digital wallet provider, and is building digital accounts, payments, money‑management tools and remittance offerings. It serves major merchants including Amazon, Adidas, IKEA, Samsung, and Noon and is positioning itself to scale into a broader financial ecosystem. Tabby operates a buy now, pay later platform and is described as the top financial services and shopping app in the Middle East and North Africa. The company securitized up to $700 million in receivables via a J.P. Morgan-led pre-IPO asset-backed debt facility, the largest such fintech deal in the region. It also concurrently extended its Series D financing to close $250 million with participation from Hassana Investment Company, Saudi Venture Capital (SVC), and Soros Capital Management. The financings strengthen Tabby’s balance sheet and provide additional capital to support expansion of its financial services and shopping products. Tabby serves roughly 10 million customers and 30,000 retailers and will use the proceeds to amplify reach, market penetration, and product innovation. Company leadership framed the securitization as a regional milestone reflecting rapid growth in the fintech landscape. Tabby provides BNPL checkout and in‑store payment services across Saudi Arabia, the UAE and Kuwait, working with more than 30,000 brands and serving over 10 million users. The company claims profitability and reports a threefold revenue growth, with an annualized transaction volume of over $6 billion. Tabby has expanded product offerings including Tabby Cards (adopted in over 4,000 stores) and Tabby Shop, which showcases over 500,000 products. Management moved the headquarters from Dubai to Riyadh and is preparing for a potential IPO on the Saudi exchange. The startup says it will invest further in its core markets and roll out additional credit and financial‑services products such as payments and savings. Tabby is a shopping and financial services app in the MENA region offering buy-now-pay-later and related consumer finance products. Its core product is a BNPL service integrated across online and offline retail, supported by the Tabby app and Tabby Card. The company reports over 4 million active customers, more than 20,000 daily installs, over 5 million monthly store visits, and over 280,000 Tabby Cards issued in the UAE. Tabby partners with over 15,000 businesses, including major retailers such as H&M, Adidas, IKEA, SHEIN, noon, and Bloomingdale’s. It is active in Saudi Arabia, the UAE and Kuwait and says it is valued at $660 million in its latest equity round. The additional financing will support its core BNPL business and enable serving more customers, retailers, and purchases. Tabby operates a BNPL platform that lets users make flexible, cost-free installment payments both online and in-store with global and regional retailers. The company has expanded beyond Saudi Arabia, the UAE and Kuwait to include operations in Egypt and recently launched a cards program. Tabby says more than 3 million users now shop with the service across 10,000+ brands, and it has issued over 150,000 Tabby Cards with in-store sales representing more than 10% of volumes. Revenues have increased fivefold over the past year. The company plans to expand its product line into a broader set of consumer financial services and has begun offering a product for everyday purchases that lets customers without credit cards pay at the end of the month. Tabby has raised capital and is positioning to deepen engagement as customers transact more frequently.

Participated · Series C · Dec 2022

Allica Bank is a fintech challenger bank purpose-built for established SMEs with 5–250 employees, combining bespoke modern technology with dedicated human relationship managers. Its product suite spans business current accounts, lending solutions, and savings offerings tailored to the needs of growing companies. The bank currently serves more than 30,000 UK businesses, representing roughly 5% of its addressable market, and aims to double that share to 10% by 2028. Management plans to deepen technology investment, scale marketing, and enhance product features to drive domestic growth. With fresh capital, Allica also intends to explore international expansion opportunities. The Series D round values the company at $1.2 billion, underscoring investor confidence in its growth trajectory and business model.

Participated · Series A · Aug 2022

Arc offers debt funding and digital banking services tailored to high-growth SaaS startups, including its Arc Advance product that converts future revenue into upfront capital. It also launched Arc Treasury, a vertically integrated deposit account built in partnership with Stripe that provides checking, card issuance, and FDIC insurance eligibility. The company says it has more than 1,000 companies on its platform, is deploying “tens of millions of dollars in volume,” and has a backlog of over $3 billion of demand for Arc Advance. Arc reports that its revenue has grown by an average of 250% every month since Q4 2021 and projects it will activate over $500 million of funding and deposits for customers in the next 12 months. The startup works with both bootstrapped and VC-backed B2B software companies and has doubled its team to 30 since January. Arc builds a fintech platform purpose-built for SaaS startups, enabling founders to borrow, save, and spend on one comprehensive digital product. Its introductory product, Arc Advance, allows SaaS founders to convert future recurring revenue into upfront capital without dilution. Built in partnership with Stripe and using Plaid integrations and machine learning, Arc programmatically underwrites credit risk and deploys capital rapidly. The company says it will launch a full suite of financial tools in the coming months to broaden its offering. Since launching last summer, over 100 startups have signed up and Arc increased total funding to customers by over 110x in Q4 2021. Arc was founded in 2021 and is based in San Francisco.

Led · Debt Financing · Jul 2022

Alt operates a platform for trading-card collectors that lets users research, buy and sell high-value cards and store them in a fully insured, climate-controlled Vault. Cards are graded by third parties (PSA/BGS) before being vaulted, which Alt then verifies and adds to a user’s portfolio for display, exchange or lending collateral. The company has launched Alt Advance, a lending product that lets collectors borrow against vaulted collections; loans have been funded at sizes ranging from very small up to mid-single-digit millions. Alt says borrowers can take up to 40% of a portfolio’s value for terms up to 12 months at annual interest rates of roughly 9%–10%, with no prepayment fees. In early testing Alt funded loans from its own balance sheet; to scale the product it closed a $200 million debt line with alternative investment advisory firm Atalaya. Alt is rolling the lending product out state-by-state and is live in about 30 states, expecting the rest by year-end. The company has raised $106 million in venture funding to date, backed by BoxGroup, Spearhead, Alexis Ohanian (via 776) and a number of professional athletes including Tom Brady, Kevin Durant and Candace Parker. Alt provides an online marketplace and custody service where graded sports and trading cards are stored in a climate- and fire-controlled vault and ownership transfers instantly between buyers. Listings include transaction history and an “Alt value” estimate derived from its marketplace data; the company charges a 1.5% fee on each sale. To date users have stored over $70 million worth of cards in Alt’s vault and the team has grown to around 60 employees. Alt has expanded beyond sports cards to other trading-card categories and plans to broaden into other alternative assets such as sneakers, watches and NFTs. The company is preparing to launch iOS and Android mobile apps and recently hired Nicole Colombo, formerly eBay’s GM of collectibles, as president. Alt is also testing a loan product, “Alt Lending,” that offers loans backed by cards stored in its vault. Alt operates a GOAT-like marketplace for physical sports trading cards, authenticating transactions and providing buyers confidence in card provenance. The platform charges a low 1.5% fee on total sales, including processing fees, to undercut competitors and increase liquidity. Alt offers optional climate-controlled vault storage for users who want to protect physical cards from degradation. It also provides an Alt Value rating, a Zestimate-like feature that estimates market value using historic transactions and trending metrics. The team is launching focused on sports trading cards but plans to expand into other alternative assets such as watches, sneakers, and art as the marketplace matures. The company has attracted significant investor interest amid a broader resurgence in collectibles markets.