Participated · Series F · Feb 2026

Kavak operates a tech-enabled marketplace that couples vehicle inspection, reconditioning, logistics, financing and post-sale support to bring trust and liquidity to Latin America’s historically informal used-car market. Its fintech arm has originated more than $1 billion in customer loans since launch and, in Q4 2025, reached an annualized run rate of roughly $600 million with year-on-year growth nearing 100%. During 2025 the company completed nearly 120,000 transactions, a 40% increase over the prior year, and recorded its first full month of consolidated global profitability in December, buoyed by profitable operations in Mexico, Chile and the GCC. AI agents now handle the majority of customer interactions, and further workflow automation is planned for 2026. Beyond direct retail, Kavak’s ecosystem powers over 5,000 industry partners that tap its technology and infrastructure. The company’s mission centers on broadening access to car ownership, reducing fraud and enhancing trust throughout the vehicle lifecycle.

Participated · Equity · Nov 2025

Bending Spoons follows an acquisition-led strategy and focuses capital allocation primarily on acquiring and improving digital businesses. The company works to enhance acquired businesses’ operations, technology, product development, marketing and monetization and says acquisitions have been its primary focus for more than a decade. Its portfolio includes assets such as AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo and WeTransfer. As of March 2026, Bending Spoons served more than 500 million monthly active users and had over nine million monthly paying customers. The company said it has never sold a material business and aims to maximize long-term value per share through disciplined deployment of capital, primarily via acquisitions.

Led · Series A · Jan 2022

Metaversal is an NFT venture studio that builds and manages an NFT portfolio and backs companies working toward an open metaverse. It raised $50 million in a Series A funding round announced May 11, 2023. The studio has collected more than 750 NFTs to date and was the first institutional investor in ConstitutionDAO. Metaversal said it will use the funding to expand its NFT holdings and to invest in metaverse companies. The company plans to collaborate with NFT and platform partners including Dapper Labs and Rarible. CEO Yossi Hasson said the round brings some of the foremost blockchain and technology investors into its mission.

Participated · Series C · Apr 2019

Founded in 2015 by Kiva co-founder Matt Flannery, Branch International operates a "branchless bank" mobile app that extends loans as small as $2 and as large as $1,000 to users in countries such as Kenya, Nigeria, and soon India. The app analyzes SMS messages and other phone data (e.g., bank balance alerts and utility payment receipts) to generate real-time credit scores, enabling instant disbursement without physical infrastructure. Since launch the app has been downloaded on more than one million phones in Sub-Saharan Africa, and new customers borrow an average of 20 times in their first year. Branch charges a flat 15% interest rate and has avoided overdraft fees, prioritizing repeat usage over immediate profitability on its smallest loans. The company was already profitable prior to its latest fundraise and reports 20% month-over-month loan-book growth. Headquartered in San Francisco with 100 employees spread across San Francisco, Lagos, and Nairobi, Branch plans to introduce mobile savings accounts as its next product once regulatory approvals are secured. Management views expanding financial services in under-banked regions as a multi-billion-dollar opportunity.

Participated · Series D · Mar 2019

1stdibs operates an online marketplace that connects dealers and sellers of antiques, vintage furniture, jewelry and other high-end goods with buyers. The company reports an average of 50 items selling for more than $5,000 daily, including about 15 items that sell for more than $10,000. It has a New York location in the Terminal Stores building and the CEO has indicated the new funding may be used to open additional brick-and-mortar showrooms. The platform has faced pushback from some dealers after it tightened enforcement of commissions, but dealers have largely stayed on the site. 1stdibs has raised $170 million in total funding to date and now says it is valued at well over $500 million. Competition includes other venture-backed marketplaces such as The RealReal and Chairish. 1stdibs operates an online luxury marketplace connecting affluent buyers with an exclusive network of dealers offering antiques, design, estate jewelry, vintage couture, fine art and luxury properties. The company was founded in 2001 and is based in New York City, with an office in the United Kingdom. It serves inventory offered through about 1,700 dealers. 1stdibs plans to use new funding for international expansion, marketing, and adoption of new technology. The company intends to unveil an innovative redesign of its site to enhance the buying experience. Recently it raised capital in a Series B round, reflecting continued investment in growth and product development. 1stdibs is an online luxury marketplace based in New York City offering high-end antiques, 20th century design, estate jewelry and vintage couture, featuring over 1,200 dealers. Founded in 2001 by Michael Bruno, the platform aggregates luxury goods from specialist dealers. The company received an investment from Benchmark Capital and appointed David Rosenblatt as CEO. In conjunction with the funding, Matt Cohler, a Benchmark general partner, and Rosenblatt will join the company’s board of directors. 1stdibs intends to use the capital to expand in the U.S. and abroad, to move into new product areas including the luxury homes market, and to make key hires to build out its executive team and other functions. It also plans to grow traffic and develop new tools for existing customers.