Led · Seed · Jan 2018

Rally Rd. operates an SEC-compliant platform that purchases collector vehicles through a subsidiary, holds the titles, and hosts registered offerings where investors can buy up to 2,000 equity shares per car, with shares starting at $50. The app provides an app-based secondary marketplace with regular trading windows for each vehicle, a setup investors likened to a NASDAQ/NYSE experience for collectibles. Launched in 2016, Rally Rd. reports about 50,000 members who have invested millions; at the time of the article there were 10 cars available with plans to list 100 by the end of 2019. Vehicles are registered for sale through a registered broker-dealer in 32 states, and the company is working to obtain licenses for the remaining 18 states. Rally Rd. was not yet profitable and took no management fees or share of offerings; it plans to generate revenue via a subscription model similar to Robinhood's premium offering. The company also plans to expand into other verticals such as art and sports memorabilia and to make the app available internationally in Australia, Europe and Canada. Rally Road sources classic cars, creates a special-purpose entity to hold each car's title, and offers up to 2,000 equity shares in that entity via SEC-registered offerings. Investors can buy in for as little as $50, view the car's history and comparable sales, and after a three-month hold period trade shares in a monthly marketplace. Trades are settled through a registered broker-dealer that is currently licensed in 32 states. The cars are kept in a purpose-built, temperature-controlled facility paid for by offering proceeds, and the company plans to add a 24/7 live stream of owned cars. Rally Road currently takes no management fees or share of the offering but plans to offer premium or subscription services to generate revenue. The company also envisions expanding the model to other high-value, divisible assets (for example, fine art).

Led · Series B · Feb 2017

MapAnything provides Location-of-Things (LoT) software that creates location awareness within the system of work where field sales and service activity is planned, tracked and executed. The platform enables enterprises to automate complex business processes and make informed decisions with a patent-pending routing and scheduling engine, integrated GPS tracking capabilities and an intuitive location-based visual layer. Led by CEO and co-founder John Stewart, MapAnything serves large financial, manufacturing and CPG companies in the Fortune 500 and Forbes Global 2,000. The company said it will use the new funding to expand its reach in key markets, broaden the developer community, deepen relationships with strategic partners and increase R&D efforts. MapAnything is based in Charlotte, NC. MapAnything’s core product visualizes business data on maps and enables location-driven workflows for field-based sales and service workers. It offers mobile apps, geofencing-triggered workflows, and routing/complex geolocation services while reading vehicle location rather than commanding in-vehicle GPS. The company began as a consulting firm, launched its product out of that work, and was founded in 2009. MapAnything claims more than 1,500 customers and close to 150 employees. Financially, the company has raised over $40 million to date. It plans to expand beyond Salesforce to make its product available on the ServiceNow platform. MapAnything offers mapping, schedule planning, route optimization, real-time geo-location, territory management and geo-analytics to Salesforce users via the Salesforce AppExchange. The company’s flagship product, MapAnything™, delivers those mapping and geo-analytics capabilities integrated with Salesforce. MapAnything is a Silver partner in the Salesforce ISV Partner Program and serves more than 750 customers globally across sizes and industries. Founded in 2009 by CEO John Stewart and CTO Ben Brantly, the company is based in Charlotte, NC and Dunwoody, GA. The company intends to use recent funding to expand sales and marketing efforts and to accelerate product development.

Participated · Series A · Feb 2015

RoboCV develops X-Motion, an AI-based intellectual autopilot system that uses vision sensors to model the environment and directly control steering, acceleration and braking for fully autonomous warehouse and industrial vehicles. The company completed robotization projects at Samsung’s and Volkswagen’s Russian factories and has plans to implement full-scale robotics projects for those clients and others. RoboCV aims to equip several tens of warehouse machines with X-MOTION by the end of 2015 and to sell preinstalled X-MOTION electric trucks in Russia and the CIS at the end of 2015 and internationally in 2016. It is partnering with STILL GmbH to develop vehicle autopilot solutions and a line of preinstalled X-MOTION trucks. Founded in 2011 and a resident of the Skolkovo Foundation, the company began as participants in the Google X Prize and originally developed a vision system for a lunar rover. Financially, RoboCV secured $3 million in new investments and previously received a $500,000 investment from LETA Capital in 2013.

Participated · Series B · Sep 2012

SwiftTest is a Santa Clara, CA-based provider of testing and analytics solutions for data centers. The company builds networked storage testing solutions that enable IT organizations to run their data centers more efficiently and help equipment manufacturers bring products to market faster. Led by President and CEO Philippe Vincent, SwiftTest sells testing and analytics tools to equipment manufacturers and IT organizations. In September 2012 SwiftTest secured $7.25M in Series B financing led by Azure Capital Partners and Kinetic Venture Partners, with participation from Benhamou Global Ventures, Miramar Venture Partners, Core Capital Partners and Columbus Nova. The company plans to use the proceeds to expand its product offering and accelerate its go-to-market strategy. SwiftTest is a Santa Clara, CA–based developer of commercial IP network testing tools and solutions. The company secured a strategic venture capital funding of an undisclosed amount. Investors in the round were Benhamou Global Ventures and FLOODGATE. As part of the financing, Eric Benhamou (Benhamou Global Ventures) and Mike Maples Jr. (FLOODGATE) joined SwiftTest's board of directors. The company said the capital will be used to expand sales, marketing and product development efforts. The report did not disclose financial terms or operating metrics.

Led · Equity · Dec 2007

ConXtech offers ConX®, a Chassis Based Modular™ structural steel framing system that factory-produces moment connections which are Lowered & Locked™ together on site, eliminating field welding. The system is sold as a chassis-based modular structural solution that the company says can accelerate delivery of a structural frame by 2X–5X versus conventional methods. ConXtech’s product is Cradle to Cradle Certified (CM) and is positioned for use across industrial, high-density residential, commercial, healthcare, data center and other applications. Over the past ten years the company has delivered nearly 10 million square feet of structure into a variety of vertical markets. Led by CEO/CTO Robert J. Simmons, the privately held company plans to use new capital to expand the reach of ConX, build additional fulfillment capacity, and grow into new geographies and vertical markets. ConXtech makes a steel-frame building system that it says speeds construction while producing stronger, safer buildings. Its ConXFrame system assembles by lowering ConXBeams into ConXColumns from the top down, with connectors that lock instantly to create stable connections. Final assembly uses high-strength bolts and custom washers filled with fluorescent orange silicon gel that squirts when the pre-load reaches the desired tension, and a hydraulic torque wrench is used to tighten the bolts. Because ConXFrame endures severe lateral loads, the system typically requires no shear walls, cross bracing or other conventional structural support up to seven floors, even in the highest seismic zones. The system can be placed on a concrete podium with parking or mixed use below and generally does not require alignment of the ConX structure's load path with the podium's shear walls or columns. The company recently raised $7.1 million as part of an $8 million second round led by Columbus Nova Partners.