Participated · Series C · Aug 2025

Ambience Healthcare is an ambient AI platform for documentation, coding, and clinical documentation integrity (CDI) designed to reduce administrative burden and protect revenue integrity at the point of care. Its platform provides real-time, coding-aware documentation and is live across outpatient, emergency, and inpatient settings, supporting more than 100 specialties. The system integrates directly with major EHRs including Epic, Oracle Cerner, and athenahealth. Ambience is used by U.S. health systems including Cleveland Clinic, UCSF Health, Houston Methodist, and Memorial Hermann. The company will use the Series C proceeds to expand its AI platform across more healthcare organizations, accelerate product development, and support broader deployment across ambulatory, emergency, and inpatient care settings. Ambience is headquartered in San Francisco and was founded in 2020. Ambience Healthcare offers an "operating system" that helps clinicians complete large volumes of administrative, operational and revenue-cycle work across dozens of ambulatory specialties such as cardiology, oncology, pediatrics and ENT. Its product suite includes AutoScribe (note generation), AutoCDI (coding and audit trails), AutoRefer (handoffs), AutoAVS (after-visit summaries) and a soon-to-launch AutoPrep to prepare clinicians for appointments. The company says it is focused on the U.S. market and lists customers including UCSF, Memorial Hermann Health System, John Muir Health, The Oncology Institute, GI Alliance, Midi Health and Eventus WholeHealth. Ambience does not disclose total customer count or platform data usage, nor the specific language models it uses, though the OpenAI investment signals a possible platform partnership. The product currently does not aim to provide diagnoses, but the company has the capability to add diagnostic features to its roadmap. Financially, Ambience has raised $70 million in its latest round and has now raised $100 million in total; it is not disclosing a valuation.

Participated · Series D · Jul 2025

MaintainX offers an AI- and IoT-driven maintenance and asset management platform that connects asset and work intelligence to deliver real-time, actionable insights to technicians and executives. The platform emphasizes human-AI collaboration, putting AI-driven recommendations in the hands of shop-floor technicians and leaders to shift maintenance from reactive to proactive. MaintainX plans to expand its AI-powered asset and work intelligence capabilities, grow machine health monitoring and predictive maintenance solutions, and further develop enterprise asset management (EAM) features with a sensor-agnostic approach. The company will also accelerate market expansion across industries and geographies and hire talent to support its product roadmap. Financially, MaintainX closed a $150M Series D in this round, bringing total funding to $254M and a new valuation of $2.5B. MaintainX reports serving over 11K companies, managing 11M+ assets, processing 27M+ work orders and 370K+ safety procedures annually, and cites customer results such as 34% reduced unplanned downtime, 15% increased production capacity, and up to 32% monthly maintenance cost savings. MaintainX provides a mobile-first, IoT-enabled maintenance and frontline work execution platform used to streamline maintenance operations, manage regulatory compliance, and deliver asset- and plant-level insights. Its core product digitizes work orders and standard operating procedures to increase productivity for maintenance workers and other frontline staff. The company is introducing AI-powered maintenance operations, Asset Health Insights dashboards, and Resource Planning to add predictive capabilities and improve data quality and workforce scheduling. MaintainX serves over 6,500 customers across manufacturing, logistics, hospitality and facilities management and reports revenue growth of 13x since its Series B. The platform is positioned to turn frontline workers into knowledge workers by combining aging physical assets with smarter machine data and analytics. MaintainX was founded in 2018 and is headquartered in San Francisco. MaintainX provides a management platform that replaces clipboards and spreadsheets with digital tools to streamline workflows for industrial and frontline workers. Its feature suite enables tracking of reactive and preventive maintenance as well as daily operations such as safety and quality inspections and operating checklists, all with a digital audit trail. The company serves customers across heavy industry, municipal maintenance, hospitality, education, and healthcare. MaintainX says it has seen rapid growth since foundation, with revenues growing 12X from early 2020. The company intends to use new funding to accelerate growth and expand operations and business reach. MaintainX was founded in 2018 and is based in San Francisco, CA. MaintainX offers a mobile-first workflow and collaboration platform that digitizes standard operating procedures, safety and training checklists, tooling reports, audits and quality-control inspections for frontline, deskless teams. The product centralizes communication and work orders to replace paper, radios and spreadsheets, and the company says it can boost frontline efficiency by up to 7x. Hundreds of operation-intensive customers — including Marriott, Radisson properties, Subway franchisees and Phillystran — have adopted the platform. More than 1,600 businesses have joined the platform and are ready to start using MaintainX daily, and the company highlights rising daily usage and retention. MaintainX plans to use new funding to grow teams in San Francisco and Montreal and further develop its platform. The company was founded in late 2018 and is positioning itself to serve the large, underserved deskless workforce market.

Participated · Series C · Feb 2025

Hidden Level builds passive radar and RF direction‑finding technology to detect and precisely locate drones (including dark drones), aircraft, balloons and their operators, delivering real‑time, actionable airspace awareness. The company offers vertically integrated, scalable solutions delivered as hardware or data‑as‑a‑service and emphasizes privacy compliance under Title 18. Its sensors are designed for cost, mobility, performance and broad spectrum coverage and are used in high‑security scenarios such as presidential inaugurations. Hidden Level has active contracts and deployments with federal customers including NASA, the U.S. Army, the U.S. Air Force and multiple Combatant Commands. The company plans to use new capital to expand manufacturing, hire across the organization, and grow internationally following successful deployments with over a dozen customers. Hidden Level was founded in 2018 and is based in Syracuse, N.Y. Hidden Level is a sensor-technology company focused on Tactical Passive Radar for Counter Unmanned Air Systems (UAS). The company was selected by the U.S. Department of Defense for APFIT pilot-program funding to transition its technology from development into production. The APFIT award is intended to accelerate fielding of Hidden Level’s capability to the U.S. Army. Hidden Level describes itself as a pre-Series B business and received USD10 million in DoD funding as part of the award. The company was one of only 11 firms awarded APFIT funding by the DoD in 2023. The award is positioned to help deliver capability a year or two earlier than scheduled while supporting the U.S. industrial base through investment in small businesses and nontraditional defense-developed capabilities. Hidden Level builds passive sensing systems that use next-generation radio frequency (RF) sensing technology to provide multi-domain situational awareness and support counter-UAS missions. Its sensors detect and track low-altitude airborne threats using adaptive RF signal detection techniques to increase airspace awareness and inform countermeasure opportunities. The company positions its technology for both tactical and strategic support to Department of Defense missions and for dual-use applications. Leadership says the firm will work with Booz Allen to support DOD missions and provide critical insights for soldiers on the ground. The company’s technology emphasis is on improving decision advantage for warfighters in high-interference environments. No financial metrics for Hidden Level are disclosed in the article.

Led · Series D · Oct 2023

Clearco offers non-dilutive financing tailored to ecommerce operators, supporting needs such as inventory, always-on marketing, major purchase orders and expansion across DTC, wholesale, retail, marketplaces and social commerce. The company provides qualifying brands access to up to $10 million with estimated terms of 4 to 12 months and states its offers include no personal guarantees and no all-asset liens. Clearco has delivered more than $3.3 billion in funding to over 11,000 businesses to date. In August 2026 it secured a $100 million asset-backed financing facility from Macquarie Group to expand its capacity to fund larger and longer-term commitments. Clearco's management, led by CEO Andrew Curtis, positions the business to support brands as they scale and diversify channels. The company markets its financing as flexible capital for inventory, marketing and growth initiatives.

Participated · Series A · Oct 2022

Jasper is an AI-powered content platform that helps individuals and teams scale their content strategies. Led by CEO Dave Rogenmoser, the product helps users break through writer’s block, repackage content, create original images, and adapt material to different formats and languages. The company added Jasper Art, a browser extension that allows Jasper to power textboxes across many sites. That extension works across Google Docs, Gmail, Notion, HubSpot, Shopify, social media platforms, content management systems and other content destinations. Jasper now supports more than 70,000 paying subscribers, from individual creatives to teams at large enterprises. The company plans to use funding to further invest in the product, improve customer experience, and bring Jasper to all the platforms creators use.