• Crew

  Participated · Seed · Jan 2024

  Crew’s core product is a mobile “pre-spend” banking platform that merges checking, savings, and budgeting so users can allocate funds before making purchases. Through a partnership with Bangor Savings Bank (Member FDIC), the app offers a checking account paying 3.2% APY—about 45 × the U.S. average for interest-bearing checking. The company debuted in early 2024 with a family-focused version featuring child accounts, automated allowances, and shared budgets, and has since broadened to general consumers with unlimited pockets, paycheck automation, and virtual cards that carry configurable spending limits. Crew reports that daily active users and debit-card transaction volume both doubled in the last month, signaling early traction. Founded by former Divvy product leaders Gentry Davies and Steve Domino, the startup emphasizes security, scale, and ease of use. Its app is available nationwide on the App Store and Google Play. The firm continues to lean on its bank partner’s 170-year compliance track record to differentiate itself from other neobanks.

• Treads

  Participated · Seed · Nov 2023

  Treads is an AI-powered car management subscription company that centralizes tire, alignment, oil change, wiper blade, and auto insurance services through a mobile app. The platform uses AI for predictive maintenance alerts and visual machine learning to assess tire repairability and replacement needs from customers' smartphone scans, returning tire size, tread depth, and condition. Customers can have new tires delivered and installed at home or work, and access brick-and-mortar service centers in the Treads Service Network. The company raised $4.6M in seed funding to support growth. Led by CEO and Founder Zach Olson and based in Park City, UT, Treads plans to expand into 16 additional U.S. cities to reach availability in 34 cities by the end of 2023. The funds are intended to support that geographic expansion.

• Get Parallel

  Participated · Seed · Aug 2023

  Parallel offers a combined product-and-service finance platform that connects accounting and modeling tools to deliver an always-current, auditable forecast alongside a dedicated fractional CFO. Its core features include live models built from integrations with tools like QuickBooks and Puzzle, AI-assisted workflows for data hygiene and scenario modeling, and expert oversight to validate assumptions and prepare investor and board materials. Parallel targets early-stage, VC-backed B2B SaaS companies from pre-seed through Series A and aims to serve as an FP&A backbone as teams scale. The company planned to use proceeds from its $2.4M seed to speed product development, expand its network of fractional CFOs, and deepen platform integrations. Customer testimonials in the announcement cited faster due diligence and clearer, confident decision-making as early outcomes of the product. Renato Villanueva is the company cofounder and CEO, and the company is based in Salt Lake City.

No current team members are available.