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The Venture Codex

Coyote Ridge Ventures

2261 Market Street #5549, San Francisco, CA, 94114, United States

Overview

Coyote Ridge Ventures is a private equity company that provides investments to technology startups. It was founded by Rahul Prakash and is based in California.

Total investments
3
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
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Investment portfolio

  • inDinero

    Participated · Equity · Feb 2015

    inDinero shifted from a self-service personal-finance approach to an all-in-one accounting, taxes and payroll offering built on proprietary software. The company combines technology with human service, describing its model as "accounting-plus-service" and serving as a single provider so customers need not piece together multiple vendors. It targets more complex small businesses (clients can range from one or two employees up to about 100 employees) and charges enterprise-style fees—"thousands of dollars, if not tens of thousands." The relaunch followed a period when the company nearly ran out of money and laid off staff. Management says the business is service-oriented but sees similar margins to SaaS, and reported being "pretty close to cash-flow positive" with periods of profitability last year. inDinero has raised outside capital but retained investor non-control terms that leave the team room to seek growth equity later. inDinero offers financial management and small-business banking services positioned as "like a Mint for QuickBooks." The company was founded by Andy Su and Jessica Mah. It completed a $1.2 million seed round after initially targeting $500K, drawing significantly more interest than expected. The raise was conducted without institutional backers and was funded by a syndicate of twenty angel investors. Named angels in the syndicate include Intuit’s David Wu, Slide’s Keith Rabois, Yelp’s Jeremy Stoppelman, Microsoft’s Fritz Lanman, 500Startups’ Dave McClure, YouTube’s Christina Brodbeck, Stanford’s Steve Blank and YouTube’s Jawed Karim. The article does not disclose operating metrics or detailed future product plans.

  • TicketManager

    Led · Equity · Jun 2014

    TicketManager is a global leader in event ticket and guest-management solutions for corporate enterprise, serving as a central hub and system of record to streamline end-to-end ticket workflow and guest experiences. The platform integrates with approximately 400 venues and teams worldwide and is trusted by over 500 global brands, including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard. TicketManager's software and services reduce thousands of hours of manual work, boost utilization of ticket assets, elevate guest and employee satisfaction, and provide real-time analytics for C-suite visibility. The company cites market dynamics in which companies spend more than $600 billion on customer entertainment annually, with 43% of corporate tickets never used and fewer than 20% of organizations using modern software to optimize those investments. Founded in 2007 and headquartered in Calabasas, Calif., TicketManager offers technology and services to create exceptional guest lifecycle experiences and measure effectiveness. The company plans to accelerate category growth and innovation supported by a strategic investment committed by Valeas Capital Partners. TicketManager offers web and mobile applications that centralize ticketing, invitations, itineraries, online check-in, guest lists and compliance/reporting to automate corporate client entertainment. The platform integrates with core enterprise systems including Salesforce and Concur and is designed to make tickets and invitations available inside users' CRM and mobile workflows. TicketManager counts customers such as FedEx, Nissan, Konica Minolta, BMO, the U.S. Olympic Committee, AT&T, Coca-Cola, American Express, MasterCard, Verizon, Wells Fargo, Under Armour, Fox Sports, CBS, NBC Universal, HP and 50+ Fortune 500s. The company also partners with more than 60 professional sports teams and holds sponsorships with 14 arenas and universities. Recent recognitions include Top 100 Places to Work in LA, a 100 Fastest Growing Private Company by the LA Business Journal, and a spot on the Inc. 5000. Based in Calabasas, CA, TicketManager says it will continue expanding domestically and globally, adding staff and building mission-critical technology to grow adoption. Spotlight Ticket Management develops a cloud-based platform to help large companies manage, distribute, and market tickets. The company serves enterprise customers including Coca-Cola, American Express, Verizon, Wells Fargo, MasterCard, and HP. Spotlight is led by Tony Knopp and is based in Calabasas. Financially, the company completed a $6M growth financing and also secured a bank facility, improving its capital position for growth. The $6M round and the bank facility are intended to support the company's ticket-management and distribution offerings for large corporate clients. Spotlight offers a web-based ticket management platform designed for venue owners and operators, sports teams, leagues and other participants in the ticket value chain. The company emphasizes partnerships across marketplaces, leagues, teams, event providers and corporate customers to manage ticket inventory and distribution. Its product is already in use by over 1,000 corporations, including NBC Universal and Motorola, and by 20 teams across the four major professional sports leagues such as the Miami HEAT and Chicago Bears. Spotlight was founded by former StubHub executives and is led by CEO Joe Greiner, President Tony Knopp and COO Aric Haut, who previously held executive sales roles at StubHub. The company is positioning itself as a neutral partner across the ticket ecosystem. Financially, Spotlight recently completed an institutional fundraise to support growth and board expansion.

  • InviteManager

    Participated · Series A · Jun 2014

    Spotlight Ticket Management offers a cloud-based, SaaS platform with mobile apps, CRM tools, and integrations to help companies manage, distribute and market their ticket assets. The solution currently hosts over 9 million tickets annually. It helps companies of all sizes use the tickets they own, market tickets to staff and customers, buy tickets they need, and stay compliant with federal, state, and local regulation. Leadership includes CEO Tony Knopp and CRO Joe Greiner. Partners named in the article include the Seattle Seahawks, the San Antonio Spurs and AEG. The company has offices in the Washington, D.C. area.

Team

No current team members are available.