Participated · Equity · Jan 2025

OpenLedger is building a modular, AI-powered accounting platform that integrates directly into the tools enterprises and small businesses already use. Its product suite includes embeddable UI components, developer APIs, and a purpose-built ledger database that enables automated categorization, reconciliation, and financial reporting while protecting sensitive data from base models. Co-founded by Pryce Yebesi—who previously sold Utopia Labs to Coinbase—and Ashytn Bell, the company has spent seven months engineering a new financial data layer optimized for interaction with large language models, aiming to reduce context limits, latency, and security risks. Currently in beta, OpenLedger has already signed undisclosed contracts with SaaS companies, fintechs, and banks, and plans a full public release by month-end. The team intends to keep operations lean while hiring across product, engineering, and business development. With the fresh capital, OpenLedger is investing heavily in talent, proprietary model training for financial tasks, and early compliance initiatives. Management targets reaching a million end users by year-end, helping thousands of SMBs close their books faster.

Led · Equity · Mar 2023

Skupos provides a technology platform that connects retailers and brands to shoppers, enabling better understanding and service of customers across the convenience retail industry. The platform focuses on independent stores and small chains and helps drive revenue growth across all segments of convenience retail. Skupos serves a network of more than 15,000 customers across all 50 states. The company intends to use the funds to scale its product suite, expand go-to-market efforts, and maintain customer success and support. Skupos is led by CEO Jake Bolling. The company announced a $22.5M financing round. Skupos provides a software platform that collects point-of-sale transaction data in real time to power data-driven decisions for retailers, distributors, and brands in the convenience retail industry. The platform records billions of transactions each year and works with over 7,000 retail locations across all 50 states. Skupos has become a data hub for Fortune 500 brands and other industry participants, enabling collaboration and transitions from analog to digital workflows. The company says its customer base more than doubled recently from about 3,000 to over 7,000. Skupos plans to use its latest financing to continue product development and strategic expansion, with a focus on leveraging transaction data to create new revenue-driving strategies. The company was founded in 2016 and is based in San Francisco. Skupos is a data hub and analytics platform serving the $550 billion convenience-retail industry. Founded in 2016 and based in San Francisco, the company provides real-time transaction and inventory analytics to retailers, distributors, and CPG brands. The platform tracks and analyzes over 2 billion annual transactions and serves more than 2,000 customers, with a footprint across 43 U.S. states. Skupos offers tools to help retailers increase revenue and enables Fortune 500 CPG brands to forecast sales trends in the channel. The company plans to use new funding to continue expansion across North America and to hire and retain talent. It has raised $11 million to date, including a $6.4M Series A to accelerate its growth in the c-store industry. Skupos is a San Francisco-based provider of retail distribution software for the convenience store industry. Founded in April 2016 by Jake Bolling, Michael Glassman, and Linh Nguyen, the company offers a data-driven two-sided inventory management system that automates inventory management and ordering for convenience stores. The platform gives distributors and brands real-time inventory levels and the ability to generate re-orders. Its patent-pending technology integrates with existing point-of-sale systems to enable real-time inventory accessible from any device. Skupos has launched in over 200 stores and is accepting beta customers, both convenience stores and distributors. The company raised $2.41m in seed funding to continue product development.

Participated · Series B · Jul 2022

Zesty.ai is a San Francisco-based provider of property risk analytics that uses AI and computer vision to create a digital twin for every building in North America. Its datasets encompass roughly 200 billion property insights covering details that affect property value and natural disaster risks. The company offers intelligence to insurers and real estate firms to inform underwriting, risk assessment, and asset management. In July 2022 Zesty.ai closed a $33 million Series B to accelerate product expansion across insurance and to develop new real estate solutions. The oversubscribed round included both equity and debt and was led by Centana Growth Partners, with participation from current investors and Brex. Zesty.ai plans to scale its go-to-market motion and build solutions targeted at mortgage, property, and asset management using the new capital. Zesty.ai develops computer vision and machine learning models that ingest satellite and aerial imagery plus structured data to capture billions of data points about buildings and their surroundings. Its platform integrates property-level features—vegetation, building materials, neighborhood characteristics, topography, weather patterns—and combines them with actual loss data from wildfire events to produce predictive risk scores. The company targets Property & Casualty carriers, reinsurers, managing general agents and insurtechs to inform underwriting and risk mitigation. Zesty.ai is led by Attila Toth (CEO) and Kumar Dhuvur (Head of Product). The company closed a US$13m Series A and plans to use the proceeds to expand its data science, engineering and customer success teams and to ingest additional proprietary data into its platform.