Participated · Series B · Oct 2024

Healthie offers an API-first platform that combines EHR, scheduling, and patient engagement tools alongside a marketplace of third-party partners. The platform is designed so organizations of any size can build, customize, and scale virtual-first care models. Healthie emphasizes continuous and collaborative care workflows and plans to introduce AI-powered solutions into the clinical experience. It also intends to expand its marketplace to broaden third-party integrations. The company meets top data-security and certification standards, including HIPAA, HITRUST R2, SOC-2 Type 2, and ONC certification. Healthie is led by its CEO and positions itself as infrastructure for next-gen healthcare organizations. Healthie offers a software platform that helps healthcare companies and startups handle back-office operations and deliver virtual patient engagements using customizable templates. The product is positioned as infrastructure for next-generation virtual care — likened by the founder to how Stripe simplified e‑commerce payments. Customers can customize templates for workflows and for informing patients about data and HIPAA compliance; Healthie asserts it is HIPAA compliant and that customer data remains the customers’. The company launched in 2016 and serves more than 2,000 organizations while storing upward of 1.3 million patient records. Healthie says it has been profitable for several years, reporting FCF, EBITDA, aEBITDA and GAAP net income for fiscal 2020 and 2021 and FCF net‑income profitability since 2018. The company plans to use new funding to continue developing its software and underpin virtual care delivery.

Participated · Series B · Sep 2023

Aspinity develops near-zero power analog machine-learning technology, centered on its RAMP™ (Reconfigurable Analog Module Processor) platform and the AML100 analog machine learning core. RAMP merges ultra-low-power analog processing with machine learning and software programmability to perform inference on raw analog sensor data. The AML100 runs in the analog domain, consumes tens of microamps, and keeps MCUs and digital processors asleep until meaningful events are detected. Aspinity provides a python-based SDK for development, testing, and verification of analog ML models across multiple inferencing applications. The company targets smart home, IoT, consumer, industrial, medical and automotive use cases, and is working with customers worldwide to integrate its technology into home security systems, automobiles, and condition monitoring equipment. Financially, Aspinity has closed a $5 million Series B and its total funding now exceeds $19 million. Aspinity designs ultra-low-power analog machine-learning processors that run on proprietary analog circuit technologies to extend battery life in always-on sensing devices. Its technology targets acoustic, vibrational and other ambient triggers to enable low-power wake-up and sensing. The company focuses on applications including voice/sound wake-up, industrial machine health monitoring, wearable health monitoring, and other IoT, consumer, industrial and biomedical uses. Aspinity plans to deploy its first neuromorphic analog-processing chip and to scale volume production. The company also intends to expand technical and partner support teams to accelerate deployments. Aspinity was founded in 2015 and is based in Pittsburgh, PA; it recently completed a Series A financing.

Participated · Equity · Mar 2022

iRestify is a Toronto-based PropTech company that uses technology to digitize and simplify building maintenance workflows for property managers and building owners. Its platform can handle enterprise-level, multi-residential, and commercial properties. The platform has been adopted by property management brands including Minto and Canadian Urban. The company is led by serial entrepreneurs Erifili Morfidis and Charlotte Gummesson. iRestify raised CAD$6M in funding and intends to use the proceeds to expand into the United States. iRestify provides a platform that lets property management companies manage cleaning and maintenance services at scale via a mobile and web app. The app offers live updates on cleaning crews’ progress, remote quality inspections, image sharing, chat, checklist uploads, and GPS tracking with live alerts. iRestify is currently managing over 32 million square feet of cleaning services for some of North America’s top property management companies. The company raised $2.4M in seed funding to support its growth. The round was led by Boston-based Converge, with participation from Birchmere Ventures and Export Development Canada. iRestify plans to use the funding to expand geographically across North America and continue scaling operations. iRestify is an online platform that streamlines booking and management of trusted, insured commercial cleaning services, cutting contracting time from weeks to days. The company was co-founded by Erifili Morfidis and Charlotte Gummesson and is based in Toronto. Its core product focuses on fast turnaround and insured service providers to simplify commercial cleaning procurement. iRestify announced a $1.0M funding round to support growth. Co-CEO Erifili Morfidis said the company is pleased with Maple Leaf Angels’ support and structured approach to investor introductions. The company expects to leverage investor mentoring and capital from Maple Leaf Angels members and other backers. No operating metrics such as revenue or user counts were disclosed in the article.

Participated · Series C · Jul 2021

Paper partners with school districts to deliver 1:1 tutoring, providing students with 24/7 live help and writing feedback. The platform gives teachers insights to address individual learning gaps and supplies administrators with actionable data for strategic decisions. Paper offers multilingual tutors across content areas and grade levels to support diverse student populations. The company supports some of the largest U.S. school districts, including Clark County (NV), Hillsborough County (FL), Boston Public Schools (MA), Atlanta Public Schools (GA), Columbus City Schools (OH), and Santa Ana Unified (CA). Led by CEO Philip Cutler, Paper focuses on expanding district partnerships and scaling its tutoring and analytics services. Paper sells tutoring software to K-12 schools that lets students request live tutor help on demand, delivered 24/7 across four languages and roughly 200 subject areas. Its tutors are employed as part-time workers and the company emphasizes professional standards and district-friendly workflows so teachers can view student needs. Paper has scaled operationally — tutors grew from about 100 to 1,000 in the last year and headcount rose from 30 to 130 employees. The company reported 40x revenue growth over the past two years, driven largely by strong renewals and district network effects. CEO Philip Cutler positions Paper as an alternate pathway for teachers and argues districts are increasingly receptive to new educational tools. The product emphasizes fast, chat-based tutoring with whiteboard features rather than traditional long-form Zoom tutoring. Paper was founded in 2014 and is based in Montreal. Paper (fka GradeSlam) offers an education support system used by schools and districts to boost student outcomes and assist teachers. The company was founded by McGill University graduates Philip Cutler and Roberto Cipriani. Paper has partnerships with multiple U.S. districts, including Irvine Unified, Springfield Public Schools, Sequoia Union High School District, Denver Public Schools, and Tustin Unified. The company says the new funding will be used to accelerate rapid growth of the business. The article does not disclose specific operating metrics or revenue figures. Paper is headquartered in Montreal, Canada.

Participated · Series B · Mar 2021

Idelic is a Pittsburgh-based leader in commercial trucking analytics and driver management solutions. Their flagship product, Safety Suite®, consolidates fleet data from multiple technology sources into a single system of record and uses machine learning to produce predictive insights and an industry-leading Driver Watch List. The platform is designed to help fleets prevent accidents, reduce driver turnover, and lower insurance costs while enhancing safety workflows and fleet analytics. Idelic was founded by Hayden Cardiff, Nick Bartel, and Andrew Russell, all Carnegie Mellon University graduates. With the new financing, the company plans to bolster engineering and data science teams, develop additional offerings with insurance partners, and expand sales and marketing to reach new fleet segments. Idelic recently closed a $20 million Series B to support those growth efforts. Idelic provides a SaaS safety and risk management platform for the commercial/industrial transportation industry. The platform integrates all fleet systems into a single data management platform, giving fleet managers visibility into driver behavior and safety operations. Its Driver Watch List uses proprietary machine learning to predict drivers who are at risk for accidents. The solution is positioned to help fleets prevent accidents, reduce turnover and lower insurance costs. Idelic closed an $8M Series A and intends to use the funds to grow its engineering and sales teams. Leadership includes CEO Hayden Cardiff, COO Nick Bartel and Lead Architect Andrew Russell. Idelic offers a software-as-a-service safety and risk management platform, the Idelic Safety Suite, that uses machine learning, predictive analytics, comprehensive data management, and extensive third‑party integrations to help safety managers automate compliance, predict at‑risk drivers, and prescribe actions to prevent incidents. The company collaborated with Carnegie Mellon University’s MSIT program to develop algorithms that predict which drivers are most at risk for accidents, incidents, injuries, violations, and citations. Idelic plans to use the new funding to expand its machine‑learning and predictive‑analytics talent, grow its sales team, and augment product features such as targeted performance improvement plans. The company was selected alongside Peloton Technology and Brisk Synergies for Together For Safer Roads’ Global Entrepreneur Program, giving it access to a coalition that includes firms like AB InBev, AIG, AT&T, General Motors, Lyft, UPS, and Walmart. Led by CEO Hayden Cardiff, Idelic positions itself as a data‑driven partner for transportation safety teams. Idelic provides a safety and risk management platform called SafetyBox that uses proprietary machine-learning analytics to identify at-risk drivers and assign corrective actions before accidents occur. The company collaborates with Carnegie Mellon University's MSIT program to develop algorithms that predict drivers most at risk for accidents, incidents, injuries, violations, and citations. Idelic was founded by Carnegie Mellon alumni Hayden Cardiff, Andrew Russell, and Nick Bartel as a spinout of less-than-truckload carrier PITT OHIO. The startup is based in Pittsburgh, PA and focuses on applying predictive analytics to transportation fleet safety. Idelic closed a seed financing round and plans to use the funds to expand operations. Birchmere partner Sean Sebastian joined the company's board as part of the financing.