Led · Seed · Jul 2026

Kai Health develops an AI-powered platform aimed at improving performance in emergency medicine, including a clinical risk mitigation system. The company announced plans to advance its platform from version one to version two and to activate its clinical system for clients. Kai Health intends to use newly raised capital to scale its offering across U.S. emergency departments. The company closed a $4.8 million seed round on June 29, 2026, led by Distributed Ventures. The financing was advised by Wilson Sonsini Goodrich & Rosati.

Participated · Seed · May 2026

CVRD Health provides a platform that gives federal contractors real-time visibility into benefit obligations, spend, and reimbursement status so fringe dollars are recovered and compliance is maintained. The platform pairs financial transparency with full benefits administration using an Individual Coverage Health Reimbursement Arrangement (ICHRA) and assigns each employee a dedicated member advocate for plan selection and ongoing support. CVRD says contractors using the platform recover 100% of benefits spend and stay compliant with SCA, DBRA, and prevailing wage requirements. The company serves federal contractors nationwide and highlights a customer, Aptive Resources, which saved over $500,000 in its first year, reduced average premiums by 52%, and cut monthly employer contributions by 30%. CVRD is headquartered in Miami, Florida and positions itself as the only fringe benefit optimization and compliance platform built exclusively for government contractors.

Led · Seed · Oct 2025

Focal has built a compliance-first, AI-driven productivity platform designed specifically for financial advisors and enterprise wealth teams. The system captures data from client conversations and the advisor’s existing tech stack to automate meeting preparation and note-taking, sync with CRMs, and trigger onboarding, KYC and other back-office workflows. Additional modules deliver performance coaching and real-time client insights, enabling advisors to reclaim up to 50 hours per month and potentially serve 30 % more clients. Enterprise-grade security is delivered through stateless AI models running on Microsoft Azure and reinforced with human-in-the-loop safeguards that meet SEC and FINRA standards. The founding team brings experience from Microsoft, DocuSign and Chainalysis and has worked closely with regulators to ensure the product meets stringent compliance requirements. With fresh capital, the company plans to deepen its meeting automation features, embed AI across more advisor tools (even those without APIs) and accelerate enterprise adoption. Focal is already used by advisors at leading RIAs and larger institutions who are seeking to boost efficiency and client service.

Participated · Series B · Jul 2025

Wingspan is the first modern payroll platform built for independent contractor management, offering onboarding, tax automation, payments, and optional insurance products. It provides platforms and their customers with tools to manage contractors at scale, ensuring timely payments and simplified onboarding. In under three years the company expanded its customer base by 200%, increased average ACV fivefold, supported 12x more contractors, and processed over $3B in payments. Wingspan's product is used across industries — including Omni's gig workers, CRU Group's insurance adjusters, and 10,000 providers at Teladoc, which reports an average savings of 28 hours per month on payment processing. The company has launched Wingspan Embed, an embeddable API-first solution that brings contractor onboarding, tax withholding, payments, debit cards, instant payouts, and insurance to HCM and HR platforms. Wingspan plans to use new capital to accelerate Embed adoption, expand in healthcare, insurance, staffing, and professional services, invest in its team, and launch AI-powered products to automate compliance and payments. Wingspan provides an all-in-one platform that consolidates onboarding, payroll, benefits and contractor management for mid-market employers working with freelancers. The product offers email-based contractor invitations, background checks, same-day payments, self-service W-9 and e-signature collection, and automated 1099 generation and filing. Wingspan uses AI and machine learning to auto-categorize expenses and streamline contractor data maintenance, acting as a system of record with a company-contractor graph to speed repeat payments. The platform also offers contractors access to discounted health, vision, dental and life insurance. The company says it has more than 20,000 members, “hundreds” of enterprise clients and is on track to surpass $1 billion in contractor payments by year-end. Wingspan, founded in 2019, plans to expand the product and double its ~20-person team by the end of the year.

Participated · Series A · Feb 2025

Posterity Health delivers comprehensive male reproductive and hormonal healthcare via telehealth, at-home diagnostics, and in-person services, covering fertility optimization, hormone management, vasectomies, and related procedures. Its platform uses technology-driven triage and decision-support tools to match patients with reproductive urologists and guide appropriate testosterone therapy. The company emphasizes early male evaluation to reduce unnecessary female treatments and to detect underlying health risks linked to male infertility. Posterity cites an actuarial analysis showing employers save $2.30 for every $1 spent on male fertility care and notes that 50% of infertility cases are linked to the male partner. The company is expanding nationwide and building a growing team of reproductive urologists. Dr. William Schoolcraft joined as a strategic advisor to support clinician and public education on early male fertility evaluation. Posterity Health is the only digital male fertility center of excellence offering personalized advice, educational resources, and effective male fertility treatments. Its Digital Health Platform combines virtual visits, at-home diagnostics, and in-person consultations and delivers services including baseline assessments, sperm preservation, semen analysis, pregnancy loss consults, diagnostic workups, vasectomy reversals, and gender-affirming care. The company deploys care protocols developed with a Medical Advisory Board that includes leaders from Weill Cornell, UCSF, and Yale. Posterity plans to use the $7.5M oversubscribed round to accelerate its Digital Health Platform and expand national access to male fertility testing and treatment, doubling the number of reproductive urologists on its network. The expansion is timed to capitalize on new male fertility benefits that became effective January 1, 2023. Early data from a hormone management study showed nearly 70 percent of males receiving hormone management therapy had an improved sperm count, which the company cites as validation of its care model. Posterity Health operates a digital male fertility platform that provides personalized advice, educational resources, and treatments aimed at addressing male contributors to infertility. Its telehealth offering, Male Factor Management, delivers virtual visits, at-home diagnostics, and in-person consults. Services include baseline assessments, sperm preservation, semen analysis, pregnancy loss consults, diagnostic workups, vasectomy reversals, and gender-affirming care. The company emphasizes education and engagement through its digital platform combined with at-home testing as a key differentiator. Posterity launched service in Colorado, currently provides care in 26 states, and has a team of 15 people. Founders Pam Pure (CEO) and Barrett Cowan (co-founder and CMO) plan to grow the clinical team and partnerships while expanding services nationwide.