Participated · Debt Financing · Jun 2026

Karta offers U.S.-issued Visa credit cards to clients living outside the United States who maintain assets in American banks or brokerages, enabling approval without a Social Security number or ITIN. Approved customers can receive a virtual card immediately and a physical card later, with credit lines of up to $200,000. Most customer interactions—alerts, disputes, and concierge requests—are handled through a 24/7 WhatsApp chat. The card carries premium Visa perks including no foreign exchange fees, reward points, and access to select invite-only events. Karta was founded by Freddy Juez and Orlando Espinoza and is based in Miami. The company partners with roughly 85 private banks and wealth managers, including Itaú, Raymond James, and XP International US.

Participated · Debt Financing · Jun 2024

Gynger provides financing, payment and management services that let businesses finance technology purchases—software, hardware, cloud and infrastructure—via unsecured lines of credit and embedded vendor financing. It uses advanced AI and data analytics to underwrite, automatically detect technology spend and recommend financing opportunities for buyers and sellers. The application process is under 10 minutes, with next-day credit decisions and immediate access to funds once approved; Gynger pays vendors upfront and customers repay later. Gynger generates revenue from interest, loan origination fees, interchange fees from its card program and vendor service fees, and plans to add SaaS/platform fees later this year. The company began selling in Q2 2023 and reports revenue up over 700% year-over-year and a 5x increase in customer base, while declining to disclose hard revenue figures. Gynger was incubated in June 2021 out of m]x[v Capital and is led by founder Mark Ghermezian. Gynger is a New York–based platform that provides capital specifically for software and infrastructure purchases, emerging from stealth with both equity and debt financing. Its core product is an automated underwriting model that offers lines of credit and debt financing so companies can pay SaaS vendors upfront and repay Gynger over time. Customers can elect to pay vendors annually for discounts or spread existing bills over three to 12 months, and Gynger consolidates SaaS expenses into a single monthly payment via a unified dashboard. The company’s decisioning algorithm evaluates cash, burn rate and revenue to determine eligibility and does not require companies to have revenue. Gynger says it has financed contracts ranging from $1,000 to $1 million with vendors including Airtable, Google Cloud Platform, Amazon Web Services, Slack and Zoom. The 13-person company declined to disclose revenue but described its cash flow as “super healthy.”

Led · Equity · Jun 2022

Novva Data Centers builds purpose-built wholesale and multi-tenant colocation facilities across the Western United States, offering scalable, client-designed solutions. Founded in 2020 and led by CEO Wes Swenson, the company emphasizes human-centric, sustainable infrastructure using renewable energy, high-density capacity, and waterless cooling. Novva combines wholesale scale with retail colocation in a “wholocation” model and provides build-to-suit options that can shorten customer go-live timeframes from 36–48 months to about 12 months. Its campuses in Colorado Springs and West Jordan support customers ranging from one cabinet to 1,000+ cabinets. The company is also deploying automation technologies including robotic monitoring dogs, autonomous aerial drones, and augmented reality training to accelerate operations and monitoring. Novva intends to expand across the United States and target 1,000 MW of designed data center capacity by 2027.

Led · Equity · Oct 2021

Bolder Industries operates a material-science process that recovers high-value inputs from end-of-life tires, producing BolderBlack®, BolderOil™, BolderSteel™, and onsite power. The company says it recovers 98% of each tire and returns about 75% of solids and liquids into new tires, rubber goods, and plastics while using gases for energy. Bolder reports average savings of 85% or more in greenhouse gas emissions offsets and reduced water and power use versus traditional methods. Its Maryville, Missouri facility has been in 24/7 commercial operation since February 2019 and is being expanded to increase capacity by 2.5x by Q1 2022. Bolder has immediate plans for additional product facilities in the U.S., Europe, and other regions to meet rising customer demand. The company emphasizes contracts with major automotive, manufactured rubber, plastics, and sustainable petrochemicals partners and highlights its BCorp status and founding mandate from 2011.

Participated · Debt Financing · Sep 2021

HoneyBee provides employer-sponsored financial-wellness benefits such as no-cost rainy day funds, on-demand financial therapy, and access to affordable credit and education aimed at improving employees' financial health. The company is a Los Angeles–based Certified B Corp founded by Ennie Lim, Benny Yiu, and Max Zschoch. Its product is sold to HR and DEI leaders, and during the pandemic it signed more than 60 mid-market customers while preparing launches with Fortune 500 companies. User growth rose 225% during the pandemic, HoneyBee delivered over $2 million in rainy day funds, and on-demand financial therapy usage increased 172% year over year. The startup emphasizes serving employees who are people of color and women — a Washington University study found 89% of its users fit those groups. HoneyBee says it will use new capital to expand sales, engineering, and customer success teams to scale adoption at larger employers.