Participated · Seed · Nov 2024

Revyl builds an AI-driven observability platform that accelerates triaging by identifying user-interface and microservices failures and minimizing test maintenance. The product combines end-to-end testing with open telemetry data to surface and manage bugs before they reach production. Revyl’s platform is designed for development teams to reduce time spent on test maintenance and speed incident resolution. The company was founded in early 2024 by Landseer Enga and Anam Hira and is based in San Francisco, CA. Revyl plans to use its recent funding to bring the product to market and expand the team. The company positions itself in the AI bug-detection / proactive observability space.

Participated · Seed · Jul 2024

Coldcart is the first orchestration and optimization platform for frozen and refrigerated parcel logistics, automating and optimizing every step from order to delivery. For each order the platform decides the optimal combination of routing, packaging, and shipping based on realtime factors including cost, on-time delivery, weather, and provider availability. Those decisions are executed across a growing network of 15 fulfillment centers and multiple carriers, and the platform powers a network that reaches 99% of U.S. residents and businesses. Coldcart reports its technology reduces perishable logistics costs by 15–50% per shipment and refundable shipments by 40–60%. With the new funding the company plans to grow its installed base of perishable shippers and logistics providers to amplify network effects and further increase operational efficiency. The market opportunity cited: in 2023 U.S. companies shipped approximately 3 billion perishable parcels and spent over $76 billion in warehousing, packaging, and transportation, with inefficiencies consuming over 40% of sales.

Participated · Seed · Mar 2024

Firestorm develops xCell, a shipping-container mobile manufacturing platform that uses an industrial-grade HP 3D printer to produce drone bodies and shells and assemble configurable drone systems in under 24 hours. The company sells hardware and secures government contracts across U.S. military branches, and currently has two xCell units deployed domestically (with the Air Force Research Laboratory and Air Force Special Operations Command) and additional operational use in the Indo-Pacific. Firestorm holds a five-year global exclusive with HP for use of its industrial 3D printing technology in mobile units, and noted an Air Force contract with a $100 million ceiling and $27 million obligated to date. The startup’s founders bring defense and additive-manufacturing expertise: CEO Dan Magy is a serial defense tech entrepreneur, Chad McCoy is a career special operations veteran, and CTO Ian Muceus holds multiple 3D-printing patents. Firestorm has stated plans to scale deployment and reach full operational deployment in the Indo-Pacific within roughly two years. The company has raised $153 million to date following the Series B.

Participated · Series A · Jun 2022

VersusGame operates a mobile gaming platform where millions of people worldwide watch video-based prediction questions and predict outcomes of cultural moments. Hundreds of creators, content publishers and brands publish videos in an interactive game format that lets players predict against friends, influencers and celebrities on the VersusGame app, mobile website, Snapchat and Instagram channels. VersusGame-powered predictions are distributed through publishers including Billboard and BuzzFeed, and partners such as ESPN, UFC and The Walking Dead have created prediction games on the platform. Today more than 800 influencers and celebrities, in addition to media partners, create predictions through the platform. The company works with large brand marketers across CPG, electronics, retail, tech and entertainment to create engagement experiences. Led by founder and CEO John Vitti, VersusGame plans to use new capital to expand product development, grow its technology team, support media and brand partnerships, and deepen relationships with creators and players across entertainment, sports and social media. VersusGame provides a prediction-based pop culture gaming app where users can put money on trending topics about celebrities, pop culture, sports, entertainment, food, and more. Led by John Vitti and based in San Mateo, CA, the app has partnered with talent in the MMA, music, and sports industries. Since its launch in 2019, VersusGame has distributed over $16 million in cash prizes to more than 7 million players. The company intends to use new funds to continue expanding its partner and user base in the entertainment, sports, and social media spaces. Financially, the company has received over $12 million in funding to date. The core product combines social engagement and real-money prediction gaming focused on pop culture and sports audiences. Versus Game is a mobile game and consumer prediction marketplace that rewards users for correct predictions on celebrities, pop culture, athletes, brands and other matchups. The app is available on Android and iOS and began as a platform for influencers and celebrities to monetize and engage fans; it now offers a user-created game feature allowing anyone to earn money. The company reports steady revenue growth and a doubling of its user base, bringing total users to 6 million as of January 2021, and has given away over $10.5 million in cash prizes to date. Versus positions itself as a way for next-generation content creators to directly monetize their followings and create alternative revenue streams. Upcoming initiatives include a $1 million giveaway during the week of the Super Bowl and another during the week of the Grammys. The recent financing will be used to massively expand the user base by engaging more influencers in entertainment, sports and social media, and total funding now stands at $6 million since launch.