Participated · Series B · Aug 2022

RentSpree provides an end-to-end rental software platform that connects agents, owners and renters to simplify and automate the entire rental process, from listing to lease. Its secure interface offers a suite of rental tools including tenant screening, rent payments, marketing, and renter management. The platform is used across all 50 states and the company has partnered with more than 250 MLSs, real estate associations and brokerages. RentSpree serves over one million users in the U.S. Led by CEO Michael Lucarelli and based in Los Angeles, the company plans to expand product offerings for both renters and agents. Financially, the company has raised nearly $28M to date and intends to use new funding to secure additional strategic partnerships.

Participated · Series A · Sep 2020

Freshket offers a B2B e-commerce marketplace and linked order, warehouse and logistics management systems that connect farmers and processing centers directly with restaurants and consumers in Thailand. The company does not stock produce itself; instead it coordinates daily supply with its network so farmers can plan and minimize waste. Freshket provides users with data to help predict supply and demand and says its B2B food delivery business benefits from high average order values that support unit economics. Co-founded in 2017 by CEO Ponglada Paniangwet and CMO Tuangploi Chiwalaksanangkoon, the startup aims to be an enabler for the entire food supply chain and to increase farmers’ incomes and produce quality. Freshket competes with traditional supply chains and consumer grocery delivery apps by offering lower retail prices, more precise delivery and a wider variety of products and gradings. The company cites a significant market opportunity: Euromonitor estimated Thailand’s food service market at over $7.7 billion in annual purchases across more than 200,000 restaurants.