Participated · Series E · May 2025

Flock Freight operates a Shared Truckload (STL) freight brokerage that leverages AI-powered, patented pooling technology to combine shipments from thousands of businesses. Its platform optimizes across the company’s entire customer network to generate cost savings for shippers and earnings for carriers while reducing carbon emissions. The company emphasizes a low carbon footprint as a key outcome of its pooling approach. Flock Freight was founded by CEO Oren Zaslansky and is based in Encinitas, California. The business plans to use new capital to expand operations and broaden its business reach. No revenue or user metrics were disclosed in the article. Flock Freight offers FlockDirect, a software-driven "shared truckload" service that pools midsized freight from multiple shippers headed the same way using probability-pricing algorithms. The model lets customers avoid repeated loading/unloading and pay only for needed trailer space while enabling haulers to fill trucks to capacity. It also runs a "prebate" program for freight under 40 feet and 36,000 pounds to deliver incremental cost savings. The company says its technology can cut carbon emissions by as much as 40% versus hub-and-spoke shipping and estimates it has eliminated more than 15,000 tons of emissions to date. Flock plans to use new funding to expand operations and hire, including opening a new Chicago office this year. Flock Freight built a software platform that pools shipments going the same direction into single shared truckloads, avoiding the traditional hub-and-spoke LTL model. Its algorithms enable shippers to treat freight up to 44 linear feet as ‘shared truckload,’ improving utilization and, the company says, cutting freight-related carbon emissions by about 40%. The company is five years old and is based in San Diego. Flock Freight plans to use new funding to hire more employees; it had 129 employees at the time of the report. Financially, the company recently closed a large financing and has raised $184 million to date, with a post-funding valuation reported at $500 million. The product is positioned as an alternative to digital freight-matching services by focusing on the shipments themselves rather than only matching truckers and shippers. Flock Freight is a Solana Beach, Calif.-based hubless business-to-business freight logistics company founded in 2015 by Oren Zaslansky. Its core product, FlockDirect, is a hubless pooling product that uses proprietary algorithms to pool multiple less-than-truckload (LTL) and partial-truckload (PTL) shipments into full truckload service. FlockDirect is positioned as a mid-market and enterprise-level solution that aims to eliminate terminals, remove the need to switch trucks or stop at warehouses, optimize routes and guarantee delivery dates. The company raised $50M in a Series B funding round led by SignalFire and GLP Capital Partners. Flock Freight intends to use the proceeds to expand FlockDirect. The product is designed to create a predictable shipping schedule for customers by consolidating shipments and optimizing routes.

Participated · Seed · Jan 2023

Hollywood Unlocked operates an exclusive entertainment news platform led by CEO Jason Lee. The site delivers celebrity news and original, candid content positioned at the intersection of fans and influencers. It is based in Los Angeles, CA and emphasizes exclusive and authentic storytelling. The company raised approximately $1.7M in Seed funding. It plans to use the proceeds to further develop its technology platform, expand the business, and support operations.

Participated · Series C · Jun 2021

Thirty Madison operates a specialized care model and proprietary platform delivering condition-specific services for people with chronic conditions. Its product suites include Keeps (men’s hair loss), Evens (gastrointestinal conditions), Cove (migraine) and Picnic (allergies). Led by co-founder and CEO Steven Gutentag and based in New York, the company provides care to an increasing number of patients via its platform. Thirty Madison plans to use the new funding to expand access to its care model and to enhance the capabilities of its proprietary platform. The company has raised significant capital to date and is scaling its operations across its vertical offerings. Current financial milestones include a Series C and a valuation above $1 billion. Thirty Madison operates three consumer-facing telehealth brands — Keeps, Cove, and Evens — that deliver specialist-level care for hair loss, migraine, and acid reflux. Each platform offers virtual doctor visits, therapeutic treatments, treatment delivery, patient-facing tools, and educational content tailored to individual needs. The company emphasizes individualized, convenience-focused care through telemedicine. Thirty Madison raised $47M in a Series B and has now raised $70M in total to date. The company intends to use the funds to expand operations and broaden its business reach. Thirty Madison operates Keeps, a subscription-based online marketplace that sells hair-loss prevention medications Finasteride (prescription) and Minoxidil (OTC) direct to consumers. Keeps works with manufacturers to keep costs low and charges about $10/month for Minoxidil and $25/month for Finasteride. The service also provides digital access to a network of doctors at roughly $30 per visit. For now the company is focused solely on haircare, positioning Keeps against competitors like Hims. With the new funding Thirty Madison plans to launch Cove, a sister brand to Keeps that will provide treatments for migraine sufferers. The company was founded last year by Steven Gutentag and Demetri Karagas and has raised $22.75 million to date.

Participated · Series A · Jun 2020

Airvet operates a pet telehealth platform that lets pet parents connect instantly via video or chat with a network of more than 2,000 licensed veterinarians and care providers. Led by CEO and founder Brandon Werber, the company moved into the employee benefits space in 2022 and now serves blue-chip employers such as PepsiCo, Adobe, Apollo Global Management, Synchrony Financial, Levi's, Lyft, and Manulife. Over the past year Airvet expanded its care platform to include online pharmacy, e-prescriptions, discounted pet insurance, wellness programs, and specialty care, and it recently rolled out multi-lingual experiences in Spanish and French. Its clients span more than 16 different industry categories, including Software and Technology, Media and Entertainment, Healthcare, Consulting, Financial Services, Insurance, Pharmaceuticals, and CPG. The company intends to use the newly raised funds to expand operations and accelerate development efforts. Airvet operates a telehealth platform launched in 2018 to connect pet owners with practicing veterinarians for on-demand visits any day and time. The company has shifted focus toward enterprise and employer-sponsored benefits, building a base of clients that includes Adobe, Ceridian and Rexford Industrial. Airvet expects to reach over 50 customers in the next year and says revenue is growing at a faster rate than before. The product roadmap and go-to-market now prioritize partnerships with employers and enterprises to improve access and affordability of pet care. Financially, the company has raised just over $33 million in total funding to date, including its recent Series B. Airvet plans to use the new capital to expand enterprise partnerships, accelerate product development, and build out sales and marketing teams. Airvet operates a telehealth veterinary platform with two apps: one for pet owners and one for veterinarians to organize workflows and conduct virtual visits. The company partners with veterinary clinics rather than replacing them, enabling vets to offer on-demand care and to refer for in-person needs when necessary. Airvet maintains a largely non-employed network of 2,600+ vets who can choose to take on-demand calls to generate additional income. Visits carry a $30 minimum and cases typically remain open for three days for follow-up chat; the platform is also used for curbside check-in during in-person appointments. The startup is two years old, has 13 employees, and says COVID-19 has been a significant accelerant to adoption. Airvet plans to expand into other pet health verticals and to integrate its workflow layer with existing practice management systems over time, citing a large U.S. pet market opportunity.