Participated · Series C · Aug 2022

Everytable prepares and sells affordable healthy meals such as wraps and salads, with menu prices that vary by each store’s location. It distributes through company stores, branded vending machines and delivery channels. The company tripled its number of stores in 2022 and says it strives for each store to be individually profitable. Management notes that keeping prices affordable can complicate scaling and that stores are only one part of the business’s cost base. Everytable plans to expand its retail footprint and hopes to open 25 stores in the latter half of 2023. Founder and CEO Sam Polk has said he’s seen growing investor interest in mission-driven startups in recent years. Everytable operates a multi-channel fresh-prepared, ready-to-eat food business blending storefronts, subscriptions, and SmartFridges supplied by a central kitchen, with meals priced according to neighborhood. Led by founder and CEO Sam Polk, the company focuses on making nutritious food accessible and affordable. It has expanded beyond greater Los Angeles into Orange County and San Diego County and this spring launched an e-commerce delivery service in the Bay Area with plans to open storefronts there in 2023. Everytable also opened its first three New York locations this spring and has three more stores slated to open by the end of the year. The company recently closed a $55m Series C to fund its growth and channel expansion. Everytable operates a multi-channel fresh-prepared food business combining grab-and-go storefronts, a subscription delivery service and SmartFridges supplied by a central kitchen. The company prices meals according to neighborhood to improve affordability and reach. Everytable partners with institutions and public agencies to serve vulnerable populations and has provided more than 4 million meals to Los Angeles’ most vulnerable, including housebound seniors, homeless individuals and food-insecure college students. It works with partners such as The City of Los Angeles, The Department of Aging, Santa Monica College and the Los Angeles Homeless Services Authority. Founded in 2016 and led by CEO Sam Polk, Everytable plans to use new funding to accelerate growth throughout Southern California via new grab-and-go stores, expanded institutional food service partnerships and a larger subscription delivery footprint. The company is mission-driven and focused on scaling access to affordable, fresh-prepared meals through multiple channels.

Participated · Equity · Aug 2017

Founded in 2009 and based in Dallas, Texas, PHP Agency is a financial marketing organization led by CEO Patrick Bet-David and President and COO Thomas Ellsworth. The company partners with insurance carriers to offer clients personally suitable life insurance and annuity products. It provides part-time and full-time career opportunities for individuals pursuing careers as life insurance agents. PHP's agents operate from individually owned and operated offices located across the nation. On Aug. 28, 2017, the company closed a $10.0m expansion financing round to accelerate growth and strategic expansion. The company intends to use the funds to drive growth and strategic expansion.

Participated · Series A · Feb 2013

Winc operates a direct-to-consumer online subscription service and builds a portfolio of wine brands aimed at younger drinkers. The company launched in 2011 and leverages consumer insights to develop brands such as Summer Water Rose and Folly of the Beast. Winc’s brands are also sold in progressive restaurants and premium retailers nationwide. The company said it has seen a dramatic increase in subscribers since the start of the COVID-19 pandemic. Winc is developing new brands, including a line of health-conscious wines under the Wonderful Wine Co umbrella, and is using its banking relationship to support continued expansion and brand development. Winc, which rebranded from Club W, is a Los Angeles-based startup that has expanded from an online marketplace into a full-fledged alcohol business. The company sources and produces the wines it sells and uses customer "palate profiles" to deliver personalized recommendations. Winc says it can offer bottles for as low as $13 by eliminating middle-men such as importers and wholesalers and sourcing directly from vineyards. Its wines are sold online and distributed offline as well, including being served at restaurants and sold at select retailers. CEO Xander Oxman describes the business as a digitally native approach to the traditional wine-club model focused on delivering more value and a better consumer experience. The company has raised funding to support growth, with total funding now over $30 million. Club W offers personalized wine recommendations based on customers' palates and a new curated selection each month, with bottles starting at $13. The company emphasizes collapsing the supply chain to deliver proprietary wines directly to enthusiasts at value price points. Club W is venture-backed by Bessemer Venture Partners, Shining Capital Holdings and Crosscut Venture Partners. CEO Xander Oxman said the additional financing is a vote of confidence as the company continues to grow and expand. Bridge Bank's Southern California Technology Finance group worked with Club W to deliver a customized financial solution to support its growth. Club W is a Los Angeles, CA-based wine company that built a distribution platform to deliver high-quality wines from around the world at lower prices. It provides individual monthly recommendations for members using its proprietary Palate Profile™ system. Members can also make their own selections, with bottles available from $13. The company was founded in 2011 by Xander Oxman, Geoffrey McFarlane and Brian Smith. Club W raised $9.5M in a Series A round led by Bessemer Venture Partners. The company intends to use the funds for product development, further integration of its supply chain and expansion of marketing initiatives. Club W operates a personalized and curated subscription service for wine, positioning itself as an online community for wine enthusiasts. Founded in 2011, the company aims to simplify discovery by matching curated selections to consumers' personal tastes and removing pretension from wine buying. As part of its growth strategy Club W announced a relocation to Los Angeles and has been associated with incubator Amplify.La. Management cites strong traction and says the new capital will expand reach and better connect with consumers. The company previously closed a $500,000 angel round in early 2012. No revenue or user metrics are disclosed in the articles.