Led · Equity · Jul 2026

American Growth Insurance acquires smaller, independent insurance agencies and reworks their operations around an AI-first operating system to automate administrative, policy servicing, and back-office tasks while keeping client-facing teams human. The company has completed its first acquisition and spent the prior year working with 10 partner agencies to build and test its operating system. AGI aims to convert acquired firms into AI-native brokerages so they can serve larger books of business without proportionally increasing licensed agents or support staff. Management plans to deploy the new $70 million committed equity raise mainly for additional acquisitions and operational rebuilds. The company is targeting $10 million in annual revenue by the end of the year. CEO Brian Morgan brings over 30 years of brokerage experience from roles at Keystone Agency Partners, Integro, The Plexus Groupe, Willis, and Marsh.

Participated · Equity · Feb 2026

Elly integrates sourcing, interviewing, and applicant tracking into a single AI-driven workflow, automatically capturing data and surfacing next-step recommendations so recruiters spend less time on manual updates. The platform interprets unstructured interview conversations in real time, turning them into structured, searchable insights that compound with every candidate interaction. Early customers in technology, construction, manufacturing, healthcare, and hospitality report saving up to 1 hour 45 minutes per candidate on write-ups and as much as 10 hours per week by replacing live screening calls with targeted interview reviews. By reducing tool sprawl and administrative burden, Elly aims to improve hiring speed and decision quality at scale. Built within Atomic’s venture studio, the company is leveraging its fresh capital to advance AI capabilities, expand sales and marketing, and accelerate customer growth. The press release was issued from New York, suggesting the company’s operational base. No revenue or user counts were disclosed.

Participated · Equity · Dec 2025

Founded in 2024 by Kevin Hartz, Jack Abraham and roboticist Vasumathi Raman, Sauron is building a ‘super-premium’ residential security platform that combines multi-sensor camera pods (up to 40 cameras per pod with potential LiDAR, radar and thermal imaging), edge- and server-based computer-vision software, and a 24/7 concierge staffed by former military and law-enforcement professionals. The system aims to deter threats before a break-in by detecting suspicious behaviors—such as cars circling a neighborhood—and deploying active measures like loudspeakers or flashing lights. New CEO Maxime “Max” Bouvat-Merlin (ex-Sonos CPO) is currently finalizing sensor choices, deterrence tactics and go-to-market sequencing. Product launch has slipped from an original Q1-2025 target to “later in 2026 at the earliest,” with a phased rollout to early adopters before wider availability. The company employs fewer than 40 people and expects to add 10–12 hires in 2026. Financially, Sauron has secured $18 million in initial funding and is planning a Series A raise in mid-2026 to fund product launch, customer adoption and roadmap acceleration. No revenue or user metrics have been disclosed, as the product is still in development.

Participated · Equity · Dec 2025

Founded in 2018, Homebound digitizes the entire home-building process, allowing customers in markets such as Denver, Dallas, and Houston to choose a lot, floor plan, and finishes online and then check out as easily as buying any other e-commerce product. The platform creates a real-time 'digital twin' of each house, giving buyers progress updates and AI-driven inspection reports while enabling precise materials ordering that reduces waste. Behind the scenes, Homebound’s supply-chain software replaces the traditional, error-prone lumber-yard estimates with exact bills of materials. Since its $75 million Series C in 2022, the company has secured an additional $400 million—$100 million in operating-company equity and $300 million in real-estate capital—to scale its model. Backers include Goldman Sachs, Magnetar, Thrive Capital, Khosla Ventures, GV, Fifth Wall, Atomic, Forerunner, Neuberger Berman, and Bridgepoint. CEO and co-founder Nikki Pechet says Homebound aims to open its end-to-end platform to third-party builders and ultimately compete with the nation’s largest homebuilders. Management projects the business will reach profitability by the end of 2026, positioning the company to become the “Amazon of homes.”

Participated · Series A · Nov 2025

Exowatt’s core product is the P3 unit, a shipping-container-sized metal box topped with lenses that concentrate sunlight onto heat-retaining bricks. A fan carries the heat to a Stirling engine and generator, enabling each thermal battery to store energy for up to five days and deliver round-the-clock electricity. The system’s efficiency rivals photovoltaic solar plus lithium-ion storage, while its compact, modular design is intended to unlock mass manufacturing learning curves. Exowatt is targeting production of one million units per year, a scale that management says will let it hit its one-cent-per-kilowatt-hour cost goal. Demand appears strong: the company reports a backlog of roughly 10 million P3 units, equivalent to 90 GWh of capacity. Longer term, Exowatt intends to deploy millions—and eventually billions—of units to power the rapidly expanding fleet of AI data centers in sun-rich regions. The approach repurposes decades-old concentrated solar technology but packages it for low-cost, large-scale manufacturing.