Participated · Series B · Jun 2024

Clearstory provides a change order communication platform that digitizes and centralizes end-to-end change order workflows for owners, general contractors and specialty contractors. Launched in 2018 and headquartered in Walnut Creek, Calif., the network is used across sizes and trades and counts 13 of the 25 largest general contractors in North America as customers. Customers share over 19,000 change orders worth over $850 million every single month through Clearstory's platform. The product offers collaborative workflows, real-time visibility, integrations with Procore, Autodesk, Vista, CMIC, Sage and HCSS, and automation to reduce administrative burden. The company says its platform helps general contractors reduce risk and specialty contractors get change orders approved and paid more quickly. Clearstory plans to scale the platform further by investing in product development and hiring to drive growth and innovation. Clearstory (fka Extracker) is a San Francisco-based company that provides a change order communications tool for construction business processes. Its platform centralizes real-time change-order data so general contractors can prevent lost revenue, specialty contractors get paid faster, and teams make financial decisions from a single source. Clearstory integrates with ERPs, accounting software, project management and cloud storage solutions including Procore, CMiC, Viewpoint and Sage. The company has onboarded specialty contractors across trade verticals, including KONE Elevators, Cherry Coatings Painting, Performance Contracting Group, TrueTeam Insulation and Conco Concrete. The solution currently works with more than 40% of the ENR Top 25 General Contractors, and over $5 billion in change orders have been shared between commercial construction companies on the Clearstory network. Led by founder and CEO Cameron Page, Clearstory intends to use the newly raised funds to accelerate its growth trajectory. Extracker is a San Francisco provider of a construction industry change order communication platform. Its platform connects commercial construction companies outside their internal financial software to resolve change orders in real time and includes a collaborative cloud-based log. Product features include digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications and other tools to organize and streamline extra work. Led by CEO Cameron Page, the company says it creates financial transparency by reducing exposed risk and time spent tracking extra work. Customers named in the article include BrandSafway, Conco, Performance Contracting Group, Permasteelisa, NOVO and BuildGroup. Extracker raised $7M in a Series A and intends to use the funds to accelerate growth and expand operations.

Participated · Series C · Oct 2022

DataGrail builds a privacy control center that integrates with data-heavy applications to automate data discovery, mapping and compliance. The company offers over 1,400 plug-ins to monitor what data is collected and how it flows across an organization. It recently launched Risk Monitor to automate third‑party application risk assessments and pre-fill Data Protection Impact Assessments (DPIAs). The tool is designed to reduce manual labor for privacy teams and centralize third‑party risk. DataGrail reports revenue has grown 3x since March 2021 and has expanded headcount from about 40 to more than 100 employees, with plans to perhaps double staff next year. Leadership emphasizes gender parity and diversity at the board, executive and management levels. DataGrail builds connectors to popular applications and infrastructure platforms to automatically discover where customer data resides and to help organizations comply with privacy laws. The company reports over 900 integrations (up from 180 in 2019) and can detect when new apps or infrastructure are added, enabling automated data discovery. Its product is aimed at solving privacy-management and data subject request workflows for regulations like GDPR and CCPA. DataGrail is led by CEO and co-founder Daniel Barber and has attracted both traditional VCs and strategic investors. The company currently has 40 employees and plans to grow to 90–100 by the end of the year. Financially, it has raised more than $39 million to date, including a newly announced $30 million Series B. DataGrail is a San Francisco, CA-based data privacy management company. Led by CEO and co-founder Daniel Barber, the company provides a platform to operationalize and manage privacy, including accessing and deleting personal data. DataGrail offers more than 150 pre-built connectors with companies such as Salesforce, Adobe, Oracle, and AWS, enabling businesses to discover and map personal data within seconds. Its features allow companies to process privacy requests and manage consent and preferences. The company says the funding will enable it to accelerate growth and meet demands from customers and prospects. DataGrail provides a purpose-built privacy management platform that enables users to comply with worldwide privacy laws including Europe’s GDPR and California’s Consumer Protection Act (CCPA). The system directly integrates with more than 100 business systems such as Salesforce, Adobe, Oracle, AWS and Azure to discover and map personal data in seconds. It operationalizes the privacy request workflow in minutes and unifies email preferences across all customer-facing applications. Customers include Databricks, G2, and Intercom. The company intends to use the funds to expand its business reach and grow adoption. DataGrail is led by CEO and co-founder Daniel Barber and is based in San Francisco; it has raised $9.2M to date. DataGrail offers a compliance platform that helps companies manage personal data requests and meet multiple legal frameworks, including GDPR, ePrivacy and California’s CCPA. The company’s system gives users visibility into what data companies hold and how it is used. DataGrail is already deployed at customers such as Databricks and Outreach. The company was founded in February 2018 by Daniel Barber, Ignacio Zendejas and Earl Hathaway and is based in San Mateo, CA. Following the fundraise it intends to use the proceeds to hire across the business. The articles state the Series A valued the company at $16M.

Led · Series A · Jun 2022

4CRisk.ai provides an AI-powered Data Intelligence Platform that helps organizations identify, manage, and assess regulatory obligations and strengthen internal controls. Its platform emulates human intelligence to augment regulatory, risk, and compliance professionals and automate time-consuming processes. The company’s compliance mapping solution digitally connects regulatory requirements to the internal control environment and enables continuous assessment of design and operational effectiveness. 4CRisk.ai is led by Venky Yerrapotu and Supra Appikonda and serves risk, compliance, and regulatory teams. The company plans to use new funding for hiring and global expansion. Financially, the business announced an $8M Series A in June 2022.

Participated · Series A · Dec 2021

Connect The Dots is a network intelligence platform that uses AI to map and manage career-long professional relationships. It analyzes email metadata and builds a behavior-based relationship graph to provide individuals, teams, and senior executives expansive insight into who really knows who. Users can opt in to share their relationships with close contacts, and executives have access to years of email history containing thousands of individual and company contacts and behavioral metadata. The company completed a SOC 2 (Type II) compliance attestation in December 2021. Led by founder and CEO Drew Sechrist, Connect The Dots intends to use the funds to scale its behavior-based relationship graph of people and companies. The Series A raised $15m, bringing total funding to $20m.

Participated · Series C · Sep 2021

Propel develops Product 360, a unified solution that combines quality management (QMS), product lifecycle management (PLM) and commercialization on the Salesforce platform. Product 360 connects product, quality, customer and supplier information in a single platform to help manufacturers launch products faster, simplify quality and compliance, and improve employee user experience. The product also supports businesses launching recurring‑revenue models that require long‑term customer engagement and enterprise‑wide collaboration with real‑time data. Propel targets industries requiring fast, high‑quality product delivery, including high tech, health and life sciences, consumer, and automotive suppliers. Customers and users cited in the company materials include Cisco, Guardant, Henry Schein, HP, Teladoc, Traeger, Desktop Metal, Imperative Care, Inari Medical, Simplisafe, Vizio, Shell and Zoetis. The company is headquartered in Santa Clara, Calif., and has raised $48 million in total funding to date. Propel offers a cloud-native platform for managing the full product lifecycle from concept and design through manufacturing, sales and service. The company sells three core products: product lifecycle management (PLM) for engineering and manufacturing, product information management for sales and marketing, and quality management for service teams. Propel is built on the Salesforce platform to give sales, marketing, engineering and service personnel shared access to product data. The startup positions its cloud-first approach as faster to deploy and more flexible than legacy on-premise PLM systems from vendors like SAP and Oracle. Propel was founded in 2015 and is headquartered in Santa Clara. It currently has 35 employees and plans to expand headcount to about 50 with the new funding. Financially, the company has raised more than $28 million to date, including an $18 million Series B announced in this round. Propel offers a customer-centric cloud PLM platform built on Salesforce that enables engineers, software developers, sales channels and partners to coordinate the product, customer and service information needed to launch and support products. The platform lets manufacturers capture customer requests, collaborate on the content that defines modern products, and ensure customers embrace products after purchase. Propel serves manufacturers of all sizes with a cloud PLM solution. The company is led by CEO Ray Hein, CTO Ron Hess and CPO Brian Sohmers. Propel intends to use new funding to increase sales and marketing and accelerate development of its cloud PLM solution for manufacturers.