The Venture Codex

Led · Equity · Jan 2024

MeetingPlay offers a proprietary software platform that creates rich attendee experiences across virtual, hybrid, and in-person events, emphasizing attendee-to-attendee and attendee-to-content connections. The platform includes features for attendee engagement, customized virtual environments, event attendance, and broadcast-quality programming. MeetingPlay serves numerous market-leading and Fortune 500 customers, including Marriott International, Databricks, and Autodesk. The company was founded in 2012 by co-CEOs Joe Schwinger and Lisa Vann and is described in the article as emerging as a market leader in event technology. MeetingPlay aims to transform the event industry by offering a single platform focused on forming meaningful connections during all phases of an event. MeetingPlay builds a proprietary software platform for virtual, in-person and hybrid events that emphasizes attendee engagement, customized virtual environments and broadcast-quality programming. Its product suite supports conferences, meetings and events with features for networking, content delivery and scalable broadcast experiences. The company serves enterprise clients including Marriott International, Databricks and Autodesk and says its platform can support audiences of 100,000 or more. Founded in 2012 and led by Co-CEOs Joe Schwinger and Lisa Vann, MeetingPlay positions itself as a market leader in hybrid event experiences. Through a new partnership with Sunstone Partners, MeetingPlay plans to fuel development of innovative products, expand delivery capabilities and enhance go-to-market strategies. The company reports unprecedented year-over-year growth, and the announced investment is intended to support aggressive growth, though detailed financial terms were not disclosed.

Led · Equity · Jan 2024

DialSource builds sales engagement technology (Denali) for Salesforce and Microsoft Dynamics that enables organizations to monitor and improve revenue efficiency across sales and service teams without leaving their CRM. The platform optimizes CRM and telephony to accelerate relationship building, drive efficiency, and increase revenue, and today powers millions of interactions at global brands. The company emphasizes improving outcomes across revenue teams and helping sales teams act smarter in digitally-driven industries. DialSource has worked over the past fifteen years to develop its product and continues to position itself for enterprise digital transformation. The company recently raised capital to further accelerate growth and expand relationships with key partners. DialSource is a cloud-based sales acceleration platform led by founder and CEO Joshua Tillman and based in Sacramento, CA. Its solution combines intelligent lead prioritization, telephony, and customer relationship management automation and is native to both Salesforce and Microsoft Dynamics. The platform aims to maximize sales and customer service representatives' performance, increase call volume, and accelerate ROI with real-time, post-call automation and predictive analytics. The company received an equity investment from DCA Capital Partners; the amount was not disclosed. DialSource intends to use the funds to accelerate its sales and marketing efforts and to continue to innovate its technology. In conjunction with the funding, Steve Mills of DCA Capital Partners will join DialSource's Board of Directors.

Led · Series B · Jun 2022

Ceipal is an AI-powered SaaS platform providing full-lifecycle talent acquisition management, including pipeline curation, candidate engagement and marketing, applicant tracking, and workforce management. Its system leverages advanced technology to analyze candidate and employee data and deliver actionable insights for hiring goals and talent strategies. Founded in 2015 and based in Rochester, NY, Ceipal serves more than 2,000 customers and 120,000 recruiters globally. The company has a global team of 450 employees with leadership teams in the U.S. and India and plans to grow to more than 1,000 employees in the next 12–18 months. Ceipal closed a $21 million financing package to accelerate regional expansion in the U.S., UK, and India, enhance product capabilities, and grow its customer base among staffing businesses, systems integrators, and corporate organizations. The funding includes $16.5 million in Series B equity and $4.5 million in debt financing. Ceipal provides an SaaS platform that automates both the front- and back-office business operations of staffing companies. Its product suite includes a fully integrated applicant tracking system (ATS) and a human resource information system (HRIS). The company serves over 1,000 customers and 12,000 recruiters globally. Founded in 2015 and based in Rochester, New York and Hyderabad, India, Ceipal is led by CEO Sameer Penakalapati. The company intends to use the funds to scale product development as well as sales and support teams. In conjunction with the funding, Jit Sinha and Chris Rhodes joined Ceipal’s board of directors.

Led · Series B · Sep 2020

Volly is a Boston-based provider of a cloud-based SaaS platform and creative marketing services for the financial services and mortgage industry. Its Volly Portal Platform integrates CRM, marketing collateral, borrower journey campaign management, portfolio retention programs, point-of-sale application and transaction management, custom websites, and both digital and print marketing capabilities. The company pairs its platform with industry-leading creative marketing services used by many top mortgage and banking industry leaders. Volly was named a HousingWire 2020 HW Tech100 Mortgage technology company. Financially, Volly closed an $11 million Series B growth equity round in September 2020. Management says the capital will help expand Volly's capabilities and enhance its value proposition and service to clients.

Participated · Series C · Sep 2020

eFileCabinet offers its Rubex SaaS product, which combines intelligent document automation, encrypted file-sharing, and workflow automation for organizations across multiple industries. The platform is positioned to help customers work more efficiently and compliantly by automating cumbersome processes. Leadership says the company is witnessing rapid growth as customers seek improved operational efficiency, particularly amid remote-work trends. eFileCabinet plans to use new capital to expand commercialization efforts deeper into industries including insurance, healthcare, and human resources. Management also intends to continue developing and refining products to solve real-world customer problems in an evolving world. Founded in 2001 and based in Lehi, Utah, the company frames its offering as one of the more advanced document management systems on the market. eFileCabinet provides on-premise and cloud document management platforms that automate organizing, managing, routing, retaining and sharing of files. The platform serves as a central repository and integrates with Salesforce, Microsoft Office and QuickBooks while supporting compliance requirements such as HIPAA, SEC/FINRA, FERPA, GLB and SOX. The company serves SMBs and enterprises across accounting, financial services, insurance, medical, HR, small government and other verticals and reports more than 153,000 users worldwide. eFileCabinet says its solution increases revenues for paper-heavy industries and reduces compliance workload. The company plans to invest the new funding into sales and marketing and pursue strategic partnership and OEM opportunities. Leadership positions the platform as scalable from SMB to enterprise and highlights strong market traction across multiple verticals.