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The Venture Codex

Blue Star Innovation Partners

One Cowboys Way Suite 190, Frisco, TX, 75034, United States

Overview

Blue Star Innovation Partners their fund provides investment opportunities in the fields of technology, sports, entertainment, and health, and wellness.

Total investments
5
Lead investments
2
Investments · 12mo
0
Active investors
5

Sector focus

  • Financial Services
  • Fitness
  • Personal Health
  • Service Industry
  • Sports
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Investment portfolio

  • Camb.ai

    Participated · Seed · Feb 2024

    CAMB.AI develops generative speech AI that instantaneously dubs performances into more than 100 languages and dialects while preserving original voice nuance and emotion from under three seconds of input. Its core products include MARS TTS and the BOLI Translator, built specifically for voice localization and zero-shot cross-lingual voice cloning. The platform provides cross-lingual time sync, background score preservation, colloquial contextual translations, and claims hyper-realistic translation in 120+ languages. Since founding in 2022, CAMB.AI has seen over 100 million views of its dubbed content and counts Major League Soccer, Tennis Australia, Maple Leaf Sports and Entertainment, and individual creators among its clients. The company was selected for the MLS Innovation Lab and the 2024 AO Startups Program, and its technology was used in the AI-dubbed feature film Three. The recent $4M seed is intended to fast-track further development, growth, and global expansion.

  • Tagboard

    Participated · Equity · Jun 2023

    Tagboard offers cloud-based production software that lets content producers integrate graphics, interactive tools, social media, and more into live broadcasts across channels. The company launched more than a decade ago to help sports teams display social media content and has since expanded to serve sports, news, entertainment, and other brands. It has about 50 employees and more than 600 clients, including the NBA (via its Launchpad program), ESPN, FOX Sports, and UFC. Recent product work includes integrations with Adobe Photoshop and real-time production analytics from Amazon Web Services. Tagboard is exploring generative AI to quickly build contextual graphics for media producers, according to CEO Nathan Peterson. Financially, the company has raised $17 million to date, including a $4 million round announced most recently and a separate $8 million round last year. Tagboard develops live production and graphics technology used by sports and entertainment companies. The company is described as the world’s leading cloud graphics and production platform, used daily by hundreds of media, entertainment and sports organizations to produce more impactful stories, save time and drive stronger fan engagement. Its proprietary software enables producers to create shows from anywhere with an internet connection, offering an intuitive graphics interface, one-click access to social content, and interactive QR code and polling for cross-channel engagement. Tagboard employs 40 people and is led by CEO Nathan Peterson, who was promoted in January. Founded in 2011 and based in Redmond, WA, the company recently raised additional capital as part of its Series A. Tagboard provides a cloud-native production and graphics platform used daily by media, entertainment and sports organizations to produce interactive stories and live graphics. Its proprietary software offers an intuitive graphics interface, one-click access to social content, and interactive QR code and polling features for cross-channel engagement. The platform allows producers to create shows from anywhere with an internet connection, saving time and driving fan engagement. Tagboard counts more than 600 media partners worldwide, including Sinclair Broadcast Group, CNN, NBC Sports, NFL Network, Riot Games, FOX Sports, E! Networks, Major League Baseball and Turner Sports. Led by CEO Nathan Peterson and Founder/Chairman Josh Decker, the company says it will use new capital to accelerate product development and go-to-market activities. Financially, Tagboard announced an $8M Series A and had previously raised $5.7M in seed funding from investors including long-time partner Keshif Ventures. Tagboard builds landing zones for specific hashtags and topics so users and brands can find and follow social media conversations in real time. Brands can customize the design and imagery of their Tagboard pages to shape those conversations. The company has partnered with sports teams including the Seattle Mariners and Seattle Seahawks, and brands such as Boeing, Audi, and Outback Steakhouse. Founded by CEO Josh Decker with Sean Sperte and Tim Shimotakahara, the Redmond startup now employs about 15 people. Tagboard announced $2 million in funding and said several major partnerships are in the works, particularly ahead of football season. Executives noted unexpected enterprise demand from conference organizers, churches, and large sports brands and said they plan to adapt if social-media trends change. Tagboard aggregates posts from Twitter, Facebook, Instagram and App.net into hashtag-specific pages that act as landing zones for topics and events. Brands can customize the design and imagery of their pages and purchase premium, fee-based pages with analytics to control and frame conversations. The company positions itself to reduce hashtag noise by surfacing interactive, curated streams around a topic or event. Tagboard has already secured a partnership with the University of Washington athletics department (GoHuskies.com) as an early customer and traction point. Founded last November by CEO Josh Decker with Tim Shimotakahara and UX designer Sean Sperte, the company operates with a lean seven-member team. Financially, Tagboard has raised nearly $700,000 in angel funding, including a notable investor who was one of Facebook's first employees.

  • Stax

    Participated · Equity · Mar 2022

    Stax offers an all-in-one payments platform and the industry’s only fully integrated payments API, enabling businesses and software platforms to manage payments, analyze data, and simplify customer experiences. The company says it has powered more than $23 billion in transactions for roughly 22,000 businesses and has grown 500% over the past three years. Stax plans to use new capital to expand product capabilities, enhance customer offerings, grow its team, and expand internationally. It recently acquired automated surcharging platform CardX in November. Stax was founded in 2014 by siblings Suneera Madhani and Sal Rehmetullah and is headquartered in Orlando, Fla. Fattmerchant provides an all-in-one payments and commerce software platform (Omni) and an ISV-focused PayFac integration (Omni Connect) that exposes a single API for bank sponsorship, merchant onboarding, risk management, settlement, and reporting. The company says the new investment will fund increased product innovation and accelerate growth while the founding leadership team — CEO Suneera Madhani and President Sal Rehmetullah — remains in place. Founded in 2014 and based in Orlando, Fattmerchant has expanded its roster of ISV partners and merchant customers since launching Omni Connect. The financing is positioned to help the company deepen its proprietary technology offerings for ISVs and SMBs and commercialize integrated payments as an ancillary revenue stream. In 2020 Fattmerchant received multiple recognitions including Forbes’ Top 50 Fintech, inclusion on the Inc. 5000 and Deloitte’s Technology Fast 500, and was named Private Titans No.1 Fintech Business in Florida; Madhani was named to Fortune’s 40 Under 40. No revenue or user metrics were disclosed in the article. Fattmerchant offers an integrated payments platform combining card-present and card-not-present solutions under one API and a unified dashboard. The platform supplies one merchant account, one subscription, native QuickBooks integration, data analytics and additional business tools across devices. It serves business owners across the United States. Founded in 2014 by Suneera Madhani (CEO) and Sal Rehmetullah (President), the company is based in Atlanta, GA and Orlando, Fla. Fattmerchant closed a $10.5M Series C funding round. The company plans to use the funds to develop its technology platform and create more than 50 jobs over the next 18 months. Fattmerchant provides subscription-based payment technology featuring direct-cost pricing, analytics and omni-channel integrated payments tools for businesses across the nation. The platform aims to improve efficiency and reduce credit card processing costs for customers. The company is co-founded by COO Sal Rehmetullah and CEO Suneera Madhani. Fattmerchant reached $1 billion in transactional volume. It plans to use new funding for continued product and technological developments, marketing and customer acquisition. The company serves businesses of all sizes with tools to save on payment processing. Fattmerchant provides merchant services that offer unlimited credit card processing at direct cost for a flat monthly membership and no contract. Led by founder and CEO Suneera Madhani, the company is based in Orlando, FL and employs about 25 people. The firm plans to build a new suite of technology tools for customers, including an advanced mobile platform. It recently closed a $1.4M funding round and will use the proceeds for continued product and technological developments, marketing and customer acquisition. The raise brings the company’s total funding to $2.25M.

  • Payrix

    Led · Series A · Oct 2020

    Payrix offers a cloud-built, API-first payments platform that enables vertically-focused SaaS companies, websites, mobile apps, retailers and marketplaces to embed and manage payments natively. The company provides clients a choice between payment facilitation-as-a-service (PFaaS) and a full payment infrastructure (payment IaaS). Payrix’s platform is designed to help customers secure additional recurring revenue through native payment capabilities. Leadership includes CEO Eric Frazier, co-founder and Chief Strategy Officer Benny Silberstein, Chief Product Officer Randy McGraw and Chief Operating Officer Corey Wood. The company says it will use the new funds to enhance its product suite and team, accelerate into global markets and continue to focus on customer experience. Payrix is based in Frisco, Texas. Payrix offers a flexible payments platform that enables marketplaces, SaaS providers, ISOs, merchant acquirers, banks and merchant services providers to scale payment facilitation and maintain merchant brand integrity through white-label solutions. The company positions its solution as a way to transform payments from a cost center into a profit center while addressing risk and compliance. Payrix says it has already established value with a range of technology platforms and aims to extend its market reach. Over the past year Payrix has enjoyed significant growth, and the company intends to continue scaling its technology and go-to-market efforts. The new investment will be used to scale the business and invest in business development and marketing. Payrix frames its vision as building the industry’s most flexible solution to support tomorrow’s platforms and reimagine the digital economy.

Team