• Pinch AI

  Participated · Seed · Jan 2026

  Pinch AI is an autonomous, AI-driven post-purchase intelligence platform built by former PayPal, Google, and Simility fraud leaders to give retailers a real-time defense against return abuse. The system evaluates shopper intent, detects emerging fraud patterns such as wardrobing and empty-boxing, and orchestrates dynamic return and refund decisions across checkout, return initiation, and warehouse operations. In early enterprise deployments, the software has reduced overall return rates by roughly 8%, lifted contribution margin by 10%, automated 80% of return reviews, and increased VIP customer retention by about 20%. These results convert returns from a cost center into a growth lever, helping apparel and luxury merchants combat return rates that often exceed 25%. With native Shopify integration and plans to broaden into OMS, RMS, WMS, and CX platforms, Pinch aims to serve as the retail industry’s definitive post-purchase risk operating system. The company will use its new capital to enhance abuse-prediction models, deepen warehouse intelligence, and expand go-to-market reach. Pinch AI is headquartered in San Francisco and operates with a team of seasoned risk and fraud professionals.

• Quandri

  Participated · Equity · Jul 2025

  Quandri’s Renewal Intelligence Platform automates policy reviews, surfaces renewal insights, streamlines requoting, and proactively engages clients for insurance brokerages and agencies. The product includes features such as Policy Checking, Policy Requoting, and Connect to improve retention and drive revenue. Since its last funding round in 2023, Quandri has increased revenue 15X, grown its customer base to more than 100 agencies and brokerages across Canada and the U.S., and expanded headcount fivefold to 75 full-time employees. The company will use the new funding to accelerate go-to-market efforts, increase engineering and AI investments, and expand operations in both Canada and the U.S. For the remainder of 2025 Quandri plans to hire more than 40 people, expand its Vancouver headquarters with a new 15,000-square-foot office, and open a Boston office to serve its growing U.S. customer base. Marquee North American clients include Brokerlink, Western Financial Group, HomeServices Insurance Inc., and BlueRidge Risk Partners. Quandri is a Vancouver, Canada–based startup that builds pre-built digital workers to automate repetitive tasks for insurance brokers and agencies. The company offers three pre-built robots: Renewal Reviewer, a contextual file-naming tool, and Download Director for matching policies, eDocs, claims and verifying producer commissions. Co-founded by brothers Jackson (CEO) and Jamieson Fregeau (president), Quandri focuses exclusively on the North American insurance brokerage vertical today. Its product approach is more ‘robot-as-a-service’ than traditional RPA, with the company pre-building bots so customers do not need to configure or develop automation themselves. The team says it may branch into other verticals in the long run. Financially, Quandri announced an $8.5M Series A and has now raised $10M in total. Quandri builds bots to automate time-consuming, repetitive, and manual tasks for insurance brokers and agents. Launched in early 2021 by brothers Jackson Fregeau (CEO) and Jamieson Fregeau (president) and based in Vancouver, the company currently offers three bots: policy routing, document identification/naming/categorization, and a renewal-reporting bot. Quandri serves insurance brokers in Canada and insurance agents in the United States and claims it has saved firms “thousands of hours” in lost productivity. The startup says demand accelerated after investing in sales and marketing and is on track to generate ten times its 2021 annual recurring revenue (ARR) this year, though it did not disclose specific figures. It plans to use recent funding to expand its team, hiring more Python and machine-learning engineers, and to launch three new bots this fall. Longer term, Quandri intends to move into the carrier space and expand beyond insurance.

• Kosli

  Participated · Series A · Mar 2025

  Kosli provides an automated governance platform that records software change events, automates controls and audits, and offers provable, append-only audit records for regulated industries. The company integrates with existing CI/CD and runtime toolchains and also offers professional services for controls engineering. Today Kosli launched Kosli Enterprise with features for large user bases, change-management automation, and audit-evidence generation targeted at financial services. Since its launch in 2019, Kosli has worked with banks and other regulated customers to modernize software delivery governance. The product emphasizes security and compliance by allowing customers to choose what data they push to Kosli and by producing trusted, auditable records. Kosli plans to use new funding to accelerate adoption among large banking clients, grow its team, and invest in differentiated technology to further automate the software delivery control plane. Kosli provides tooling that lets developers, DevOps engineers, platform engineers and CTOs record, connect and search for changes across their entire value stream. The product surfaces specific changes quickly so teams can avoid hours of log searching and it creates an automated trail of compliance evidence for regulated sectors. Kosli is available from the command line as well as a web-based GUI, a noted feature for developer workflows. The company plans to use new funding to accelerate growth and expand operations and business reach. Alongside the funding announcement Kosli launched a free tier that broadens use cases and lets developers use basic commands to understand how evolving software systems are changing. CEO Mike Long leads the company from Oslo, Norway.

• Variational AI

  Participated · Seed · Feb 2025

  Variational AI builds Enki™, a foundation model tailored to small-molecule drug discovery that uses far less compute and data than foundation models in other domains. The company says Enki was trained on a proprietary dataset covering almost 600 targets and generates diverse leads with strong potency and selectivity. Partners synthesize and test around 20 novel molecules from multiple scaffolds per project over a few weeks, and Variational reports a sub-micromolar hit rate of over 50% with a 90% rate of synthetic success. The founding machine-learning team comes from Google, Microsoft, MIT, Caltech, and D-Wave Quantum and works with established drug-discovery leaders. Variational AI is based in Vancouver, BC, and is actively hiring. The company completed an oversubscribed $5.5 million seed extension to support market expansion of its compute-efficient foundation model. Variational AI develops state-of-the-art generative AI to accelerate the discovery and optimization of novel small molecules for drug development. The company uses data-efficient machine learning to rapidly generate novel, diverse compounds optimized for multiple properties to reduce drug attrition. It works with leading biopharmaceutical partners and is developing an internal pipeline across disease areas. Variational AI was founded in September 2019 and combines AI/machine-learning and business specialists. The company plans to use new funding to accelerate discovery programs in COVID-19, cancer, and other disease areas, and to expand its team and advisory board. Operationally, the seed funding improves its ability to hire leaders in medicinal chemistry, cheminformatics, and machine learning and to recruit a Scientific Advisory Board.

• Tembo

  Participated · Series A · Jul 2024

  Tembo offers a managed Postgres platform designed to let organizations use Postgres for transactional, analytical, and AI workloads with enhanced observability, compliance, and developer experience. The company positions Postgres as a single foundation to reduce modern data-stack sprawl and support rising AI data demands. In the past six months Tembo has added senior hires, including CTO Samay Sharma and engineers Jason Peterson and Shaun Thomas, and brought on David Wheeler to lead efforts to merge Trunk and pgxn and support Tembo’s involvement in the new pgEF foundation. Tembo emphasizes enabling enterprises to go “all in” on Postgres with enterprise-grade support and extensibility. Financially, the company reported a sharp rise in ARR in the first half of the year that is still steadily climbing. Tembo plans to use new resources to grow ARR through strategic hires, advertising, product development, and building its developer community.

No current team members are available.