Participated · Seed · Feb 2026

Climatic is building a new consumer category around proactive, everyday lung care. Grounded in more than three years of research led by Chief Science Officer Dr. Dale Christensen of Duke University Medical Center, the company’s first product is L Max, a daily lung health system slated to launch in late spring 2026. In pre-clinical studies, a single dose of L Max improved mucus clearance by over 50% within minutes, with effects lasting eight hours, and the result has been replicated in more than ten independent tests. A five-week user study with endurance athletes showed 98% reporting easier breathing and an average 6% improvement in time trials, while 80% saw better heart-rate variability; a larger randomized, placebo-controlled clinical trial is underway. Co-founded by CEO Eric Kau (former Seed Health COO) and CCO Allie Melnick (former Harry’s executive), Climatic has assembled advisors from Mayo Clinic, elite athletics, and leading consumer brands. The company plans to expand its portfolio into additional products addressing environmental health stressors. Climatic’s $10 million seed financing provides the capital to accelerate research, grow the team, and prepare for product launch.

Led · Equity · Dec 2025

Loonen offers still and sparkling water sourced from protected mountain springs in California, transported in stainless steel, purified through chemical-free membrane filtration, and then precisely remineralized with elements such as trace magnesium and Celtic sea salt. Every batch is verified by accredited third-party labs, with full contaminant reports accessible via QR codes on each bottle and box. Founded by venture investor Clara Sieg and beverage operator David Kimmell, the company positions itself as a transparent alternative to both municipal-source purified waters and minimally treated natural spring products that may carry contaminants. Loonen launched in December 2025 across Amazon and select California retailers, with broader national distribution planned for 2026. The company bottles exclusively in glass to avoid plastic leaching and backs its health claims with an advisory board of physicians and nutrition experts. To date, Loonen has secured $6 million in capital to fund operations and expansion. No revenue or user figures have been disclosed.

Participated · Equity · Oct 2025

Founded in 2021, QuoteWell combines advanced AI technology with human insurance expertise to streamline the placement of complex, small-to-mid-size commercial risks across sectors such as construction, energy, real estate and manufacturing. Its proprietary "Human+" platform automates internal brokerage workflows, giving agency owners and producers faster access to a diverse carrier panel and enabling them to grow their books of business. Headquartered in Austin, the company positions itself as a modern challenger to traditional wholesale brokerages by applying meaningful AI-driven automation to historically manual processes. With a total of $32 million raised to date, QuoteWell plans to use its latest capital to expand its producer footprint in the Southeast and West Coast and to deepen R&D investments in AI-based automation. Management believes this combination of technology and talent unlocks significant leverage in underwriting efficiency. The firm’s growing backing from prominent venture investors underscores market confidence in its technology-enabled approach to commercial insurance.

Participated · Series C · Jun 2025

Ledgebrook is an Excess and Surplus Lines (E+S) insurtech platform that serves wholesale brokers. Its platform pairs insurance expertise and technology to support wholesale distribution and to bring new insurance products to market. The company says it will use proceeds from an oversubscribed $65m Series C to hire talent, enhance its client-service-led approach to wholesale brokers, expand product offerings on the platform, and retain more insurance risk alongside carrier partners. Management and employees will remain the largest shareholders, and the company says the round recognizes momentum in its business. Ryan Morrow of Stephens Group will join Ledgebrook’s board, deepening that investor partnership. Ledgebrook operates from Needham, Massachusetts and Little Rock, Arkansas. Ledgebrook is an insurtech focused on redefining the insurance experience through technology and customer service, with a platform aimed at the Excess and Surplus (E&S) market and its brokers. The company is positioning its core product to help brokers place difficult risks that require better technology. Ledgebrook plans to use recent capital to accelerate expansion of current operations and to embark on new, innovative projects. Financially, the company completed a $17M Series B in September 2024 following a $24M Series A in March 2024. The firm also announced the appointment of Anthony Segal-Knowles as CFO; he joins from Lazard and has prior senior-level experience at the British Treasury and the International Monetary Fund. With new investors and an experienced CFO, Ledgebrook says it is well positioned to accelerate growth and pursue its strategic goals. Ledgebrook operates as a managing general agent (MGA) focused on excess-and-surplus (E&S) insurance and wholesale distribution. The company emphasizes deploying technology and underwriting discipline to meet wholesale distribution needs and accelerate premium growth. Leadership includes CEO Gage Caligaris, FCAS. Ledgebrook plans to use new capital to launch additional products, add talent, and fund a captive to retain a portion of its business and better align with reinsurers. The firm announced the funding and management discussed its plans in an interview shared on its LinkedIn and website. The company frames the raise as support for E&S expansion and continued momentum in premium growth. Ledgebrook is a tech-enabled excess & surplus (E&S) managing general agent that aims to provide a streamlined quoting experience to wholesale brokers while delivering pricing and risk selection via its tech stack. The company was founded in March 2022 by CEO Gage Caligaris and is based in Boston, MA. Ledgebrook plans to begin by launching an E&S general liability (GL) product with supported excess to establish its value proposition to wholesale brokers. It intends to expand via multiple additional product launches in 2023. The company raised $4.6M to build out the team, technology, and operational infrastructure to launch its first product. Investors in the round included Brand Foundry Ventures, American Family Ventures, and 15 angel investors. Ledgebrook is a Boston, MA-based insurtech startup operating as a tech-enabled E&S MGA that aims to provide wholesale brokers with a fast and easy quoting experience. The company uses a next-generation tech stack to deliver pricing and risk selection. It plans to launch its first product in Q4 2022, initially offering a broad-appetite E&S general liability product with supported excess. Ledgebrook intends to expand via multiple additional product launches in 2023. The startup raised a $4.2M seed round to build out its team, technology, and operational infrastructure to support the product launch. Leadership includes founder and CEO Gage Caligaris, underwriting led by Steve Mills, and operations led by COO Paul Velekei.

Participated · Series A · Mar 2025

Lucky Energy produces better-for-you energy drinks that contain only five ingredients, feature maca and beta-alanine for focus and endurance, and deliver 0 sugar, 0 calories and no artificial additives. The company’s products have gained strong consumer traction, highlighted by the viral sell-out of its Black Label line sold exclusively online. Lucky Energy is now stocked in more than 15,000 retail locations nationwide and plans to enter Walmart, Sheetz and Cumberland Farms in December. Sales are on track to double year-over-year, underscoring the brand’s momentum within the $100 billion energy-drink market. To accelerate growth, the firm has assembled a seasoned leadership team that now includes former Red Bull North America CEO Dan Ginsberg and new board members from Paine Schwartz Partners. Lucky Energy markets primarily through its website, TikTok Shops and Amazon while expanding brick-and-mortar distribution. The company positions itself as a modern energy-drink powerhouse for athletes, creators and everyday achievers seeking clean, functional beverages.