Participated · Seed · Apr 2017

Work Today is described as the world’s largest labor marketplace that connects workers to jobs and businesses to workers anytime, anywhere. Built by marketplace and technology entrepreneurs, the company uses an automated, conversational model to simplify the job opportunity delivery system. Its automated systems deliver job opportunities, connect workers and businesses, and aim to enhance daily lives. According to published reports, Work Today has closed a $1.1M seed round. Investors in the round include Mucker Capital, Social Capital, Hone Capital, Belgian fund E-Merge, and GAN Ventures.

Led · Equity · Nov 2015

Semantics3 provides a product API that gives access to a database of normalized e-commerce product, UPC, and pricing data for apps and analytics. Its pull APIs return metadata such as purchase URLs, prices, UPCs, images and product names via HTTP GET requests driven by search, URL, website, brand and category queries. Its Push APIs offer frequent updates and send HTTP POST notifications each time a price change is detected. The company will use the $1.55M bridge financing to continue adding new features and expand operations; it has raised $2.15M in total funding. Semantics3 is led by co-founder and CEO Sivamani Varun and is based in San Francisco, CA. The company currently has a team of 17 across offices on two continents.

Participated · Equity · Oct 2015

Spreedly is a Durham, NC-based provider of software that enables online and mobile businesses to optimize payments operations through a single API connection. The platform lets customers securely capture and store cardholder data in a Spreedly vault and use tokenized payment details to transact across hundreds of third-party payments and e-commerce service connections. It provides payments flexibility and redundancy by allowing customers to route transactions through virtually any combination of payment services without using end-consumer card data. Customers including Rappi, Cabify, Hopper, Chargebee and SeatGeek use Spreedly to continuously monitor and optimize their transaction success rates. In November 2019 Spreedly secured a $75m growth investment from Spectrum Equity, which the company said will be used to accelerate product development and support global expansion plans. The company is led by CEO Justin Benson. Spreedly is a Durham, NC-based cloud SaaS platform that connects merchants, platforms and payment gateways by securely storing credit cards and returning universal credit-card tokens. Led by CEO Justin Benson, the service maps tokens to underlying cards in its vault to execute transactions against specified payment gateways and supported third-party APIs. The company works with more than 100 payment gateways and PCI-compliant endpoints globally and serves more than 300 customers. It handles over one million transactions each month, totaling in excess of $3 billion on an annualized basis (up from $1 billion in June 2015). Spreedly intends to use the new capital to expand operations and introduce product features to further improve its payment software solution. Since 2013 the company has raised $5.5 million in total capital. Spreedly provides payments software that enables merchants, platforms and payment providers to work with multiple payment gateways either over time or simultaneously while avoiding trade‑offs between business, developer and security requirements. The company is led by CEO Justin Benson and CTO Nathaniel Talbott. Spreedly is based in Durham, North Carolina and has a team of 12 (9 developers and 3 business staff) and is hiring. The company raised $2.5m in this venture round and has raised $4.7m to date. Spreedly intends to use the funds to continue expanding marketing and sales efforts globally. Backers in the round included existing investor E‑Merge and one of the founders of Ogone. Spreedly is a cloud-based credit card vault that provides a single payment gateway experience, letting users work with one or multiple payment gateways over time or simultaneously. The platform works with payment gateways worldwide and can add new payment types such as Dwolla and GoCardless. The company is led by CEO Justin Benson and CTO Nathaniel Talbott and is based in Durham, NC. Spreedly raised an additional $500K from Belgian VC E-Merge and intends to use the funds to continue developing the platform and expand global adoption. E-Merge had previously injected $300K earlier in 2013. The company is currently hiring. Spreedly provides a cloud-based credit card vault that allows users to store cards independently from any gateway. It integrates to a single API and can work with one or all of the 50 payment gateways the service supports. Founded in 2008 and led by CEO Justin Benson and CTO Nathaniel Talbott, the company is based in Durham, NC. Spreedly raised $300k in seed funding from Belgian investor E-Merge via AngelList. The company intends to use the funds to continue to develop their system.

Participated · Equity · May 2014

Satago provides a financing product that combines dynamic single-invoice financing with a free, online, universally accessible credit control platform for SMEs. Led by CEO and founder Steven Renwick, the company is based in London, UK. More than 1,000 SMEs have signed up to the platform. Satago can currently finance up to £50,000 per client and accepts invoices as small as £500. The company intends to use the new funding to expand adoption of its financing solution. Satago provides an automated credit-control platform that links to customers' accounting software and anonymously shares actual payment-date data among users. The platform automatically monitors receivables and notifies users, aiming to reduce late payments for SMEs and freelancers. Satago says the service helps address UK small-business cash‑flow issues where firms are paid an average of 41 days late. The company launched publicly at TechCrunch Disrupt Europe in Berlin last year and is focused on expanding its automated credit-control offering. To date it has used crowdfunding to seed early growth and has secured additional institutional and angel backing to scale the product and customer acquisition. Satago connects to accounting software (CEO named FreshBooks and QuickBooks) via an API to anonymize and obfuscate invoice payment data so users can report when clients pay. Users control what information is shared; data exchange is the core product and the primary way to populate the platform. The company also offers paid reports for users who prefer not to share data, operating on a credit-based pricing system that is not finalized. Satago launched its product at Disrupt Europe and was developed in seven months using crowdfunding proceeds. The team is three people (two reported full-time) and the platform currently links its data to a database of U.K. companies, so it only works with U.K.-based firms today. Satago plans international expansion and eventually to offer outsourced debt collection to chase late-paying customers on behalf of users.

Participated · Equity · Jul 2013

Stormpulse offers a platform that continuously renders the relationship between customers’ operations and weather events such as hurricanes, cyclones, typhoons and other storms. The system makes weather and impact data accessible on an interactive web map across an organization. Customers across energy, transportation, defense, healthcare and retail can route weather alerts via email and text message to relevant personnel. Alerts are filtered by event type, threatened facility and personnel preferences. The company was co-founded in 2004 by Matthew Wensing (CEO) and Brad Wiemerslage (CTO) and is based in Austin, Texas. Stormpulse recently raised $2.1M in funding.