
Deep Fork Capital
580 Howard St Unit 404, San Francisco, California, 94105, United States
Overview
Deep Fork Capital (DFC) is a $30mm seed-focused venture capital fund in San Francisco focused on providing equity capital and convertible debt financing to companies in the consumer technology, digital media, and enterprise spaces. The firm's initial investment size typically ranges from $250k to $500k. Current DFC portfolio companies include Algorithmia, Dataminr, Educents, Transfix, StatMuse, Boxed, DealPath, and Canopy, among others.
- Total investments
- 24
- Lead investments
- 6
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Boundless Mind
Participated · Seed · Sep 2017
Dopamine Labs commercializes years of USC research by Ramsay Brown and T. Dalton Combs into code that makes apps more habit-forming using neuroscience and machine learning. Its core product includes an AI called Skinner that tests and optimizes prompts and notifications to improve usage and retention, and a consumer-facing tool called Space that lets users limit notifications. The company reports pilot data showing the system can increase interactions variably—some customers saw more than 100% increases while others saw boosts around 8%—and it projects it can add roughly 10% to a company’s revenues. Dopamine Labs says Skinner updates probabilistic models over 30-day experiments to learn what drives behavior and then tweaks parameters to improve outcomes. The startup has been profiled on 60 Minutes and is using initial results to expand staff and sales and marketing efforts. Financially, the company has $1 million in seed funding and is positioning to sign more app customers based on its early data.
- Canopy
Participated · Series B · Mar 2017
Canopy is a Draper, UT–based company that offers a comprehensive cloud practice management suite for accounting firms. The platform combines client management, document management, workflow automation, and time & billing in a single system to increase firm efficiency and revenue. It also delivers specialty compliance tools that allow accountants to obtain IRS transcripts and resolve tax notices rapidly. All data processed through Canopy is SOC2 certified and encrypted, emphasizing security for sensitive financial information. The company plans to deploy its newly raised capital to expand operations and broaden its market reach. Its most recent financing totals $35 million, highlighting strong investor confidence in its growth prospects.
- Winnie
Participated · Seed · Oct 2016
Winnie operates an app and service that helps users find local childcare providers, offering detailed program information such as tuition, licensing status, and parent reviews. The platform integrates with local licensing authorities to surface citations or active investigations. Winnie generates revenue through ads from providers and provides providers a channel to reach more parents. Over the past year the company expanded its coverage from 500 to 7,000 cities, now reaching more than 4 million parents and featuring over 150,000 daycares and preschools. The company plans to use the new funding to build tools for childcare providers to market their businesses, process payments, handle paperwork, and fill temporary openings. Founders Sara Mauskopf (CEO) and Anne K. Halsall (CPO) conceived Winnie in 2016 while working at Postmates. As part of the financing, Rethink Impact founder Jenny Abramson is joining Winnie's board of directors. Winnie is a San Francisco–based app and web platform that maintains a crowdsourced directory of family-friendly businesses and a real-time community for parenting questions. The product surfaces details parents care about—changing tables, nursing areas, stroller access—and aggregates ratings and reviews from other parents. Winnie’s directory has grown to over 2 million places across the United States and the app is available in 10,000 U.S. cities; it has surpassed over a million users. The company distributes its data across iOS, Android and the web, and encourages business owners to claim and update their pages. Near-term plans include building more personalization features to tailor content as children age and expanding data to services for older kids (e.g., summer camps, driver’s ed). Winnie will also use funds to hire additional engineers to scale the platform. Winnie offers an app and web platform that helps parents and caregivers find destinations for kids using a curated and crowdsourced database of over 1 million locations. The service is available on iOS and on the web at winnielabs.com. The company was founded in January 2016 by Sara Mauskopf and Anne K. Halsall. Winnie plans to use recent funding to hire engineers and accelerate development of new features. The article does not disclose revenue or user counts. Winnie is based in San Francisco, CA.
- Dealpath
Participated · Series A · Oct 2016
Dealpath offers a purpose-built deal management platform for the real estate industry that centralizes vetted, real-time deal data with integrated documents, tasks, and communications. The software is designed for owners, developers, lenders and investment managers to enable pipeline tracking, deal analytics and collaborative workflows at scale. Dealpath is institutionally secure (SOC2 Type 2) and is used by large firms such as Blackstone, Nuveen, AEW, Oxford Properties, Principal Real Estate and Bridge Investment Group. The company reports supporting over $10 trillion in transactions on its platform and has nearly doubled its team to about 100 professionals with offices in San Francisco, New York City and Toronto. Reported customer outcomes include 100% increases in deals under contract, 100% more deals evaluated per year and average 400% AUM growth over three years. The new funding is intended to accelerate global expansion and grow product, sales, customer success and executive leadership capabilities. Dealpath provides a cloud-based deal management platform used by investment and development firms for pipeline tracking, deal analytics, and collaborative workflows. The platform has supported over $5 trillion in transactions and is used by hundreds of top investment managers. Dealpath reports client outcomes including 475% ROI, 20% more deals evaluated, 30% fewer underwriting and due diligence errors, 50% higher weekly productivity, and a 60% lift in employee satisfaction. The company emphasizes intuitive, purpose-built software to enable collaboration, smarter decisions, and scale across real estate investing. Dealpath says it will continue building out its platform and raising the bar for client service, targeting more programmatic portfolio management and transaction execution. It operates offices in San Francisco and New York City and was founded in 2014. Dealpath offers an intelligent software platform that centralizes tasks, files, communications and reporting for commercial real estate (CRE) investment and development teams. The product can be adopted by individual professionals and teams in a self-service model and is also available in customized versions for larger enterprises with hundreds of users. Dealpath integrates data from services like Esri, Outlook, Google, Box, Dropbox and Yardi and can be set up in minutes. Founded in 2014 by CEO Michael Sroka and based in San Francisco, the company serves clients including Millennium Partners, Cypress Equities, U.S. Restaurant Properties and more than 100 firms. The company raised $8M in a Series A financing. Backers on the round included Formation8, LeFrak, Milstein, Bechtel, Goldcrest Capital and Deep Fork Capital.
- BigID
Participated · Seed · May 2016
BigID is an AI-augmented data security and privacy platform that helps organizations discover, manage, protect, and extract value from regulated, sensitive, and personal data across public and private cloud environments. The company provides data-centric security, privacy, compliance, AI innovation, and governance capabilities and is led by CEO Dimitri Sirota. Recently BigID introduced data hygiene features for the generative AI data pipeline and new controls to detect and track model access to sensitive data. The company serves customers that deploy its platform to proactively discover and manage data across their data landscape. BigID raised a $60M Growth round and has now raised $320M in total capital at a valuation of over $1 billion. It intends to use the new funding to accelerate both organic and inorganic expansion in AI data security and compliance from its NYC base. BigID offers a data intelligence platform that enables organizations to discover their enterprise data and take action across privacy, security, and governance. The platform provides modern data visibility and control through modular apps designed to scale for evolving data landscapes. BigID’s capabilities are positioned to help customers discover data and ensure it remains compliant, private, and secure. Hewlett Packard Enterprise is investing to support BigID’s next phase of growth and innovative technology. BigID’s leadership frames the partnership as a way to bring innovative solutions that address complex and evolving data challenges. BigID builds a security and privacy platform that helps organizations discover, manage and secure data. The company has separated its product into modular core capabilities sold as an integrated platform. Management says it has added employees since December and is developing a host of new product modules and offerings to be announced in the coming weeks. Leadership intends to use the new capital to accelerate product development and add a sales team focused on smaller commercial accounts. BigID has attracted both venture and strategic investors, reflecting demand for data management and security solutions. The company reports it has raised more than $200 million across four rounds. BigID builds a security and privacy platform that began as a GDPR-focused data discovery product and has expanded into a broader data intelligence platform. The company enables BigID and third parties to build applications on top of its platform and plans to open a marketplace to third-party developers in 2021. Management said it expects a material uplift in revenue this year and reports five years of runway following the latest round. BigID has 235 employees today and plans to grow to about 300 next year; it paused hiring in Q2 during the pandemic but did not resort to layoffs. The company is accelerating sales and marketing in 2021 and is working to expand internationally and improve diversity at board, executive, and staff levels. BigID builds an enterprise privacy platform that provides data discovery, classification and correlation across disparate sources. The platform is designed to help customers trace personal data connections across systems like Salesforce, Workday, AWS and mainframes, even across hundreds of petabytes. The company recently restructured its offering into a core set of capabilities sold as a cohesive platform while remaining a broad-based solution. BigID says customers repeatedly request these core capabilities, which enable compliance with new privacy regulations. CEO and co‑founder Dimitri Sirota said the company will continue expanding the platform and has upcoming announcements around partnerships, customers and new capabilities. Financially, BigID has been raising quickly to scale for demand and has now raised more than $96 million to date.
Team
No current team members are available.