Led · Seed · May 2025

Pay-i is a Seattle-based value-intelligence platform for GenAI that helps product, finance, and engineering leaders measure the business impact of model calls, prompts, and tokens. The platform lets users assign explicit dollar or time values to KPIs and compare multiple versions of a use case to identify which model, agent, or prompt delivers the strongest return. A built-in forecasting engine projects those returns forward so companies can prioritize features, remove ineffective changes, and scale GenAI before full production rollout. Pay-i's product is already being used by enterprise teams to assign hard dollar values to GenAI-enhanced features and to A/B test different agents or prompts in production. The company raised $4.9M in seed funding and intends to use the capital to expand operations and accelerate development efforts. Founded by Erik Winters, David Tepper and Doron Holan, Pay-i focuses on tying AI changes to outcomes like revenue growth, task completion time, and CSAT uplift.

Participated · Series D · Jul 2022

Casavo operates a technology-driven real estate platform known for its Instant/Immediate Offer service that enables rapid home sales, and it combines proprietary technology with a direct network of agents. The company already operates in multiple European markets, including Italy and France, and currently has a network of around 200 agents. Casavo is pursuing both organic growth and roll-up acquisitions to expand its geographic reach, exemplified by its acquisition of Casando Agency, which adds over 60 agents in top Italian cities. Management plans to double the agent network to more than 400 and enter 20 new urban areas by 2026 as part of a broader 2026–2030 plan. The Immediate Offer service will be revamped in 2025 to generate returns for property investors, and Casavo targets revenues of over €50 million by 2030. The recent capital increase of over €12 million is intended to support these expansion and product initiatives.

Participated · Series A · May 2022

MagaLoop operates an app-based ordering platform that connects independent retailers such as convenience stores, bakeries, gas station stores and late-night grocery stores directly with suppliers. The app allows customers to order everything from chewing gums to drinks with one tap and offers smart features like a barcode scanner for reordering and a comprehensive order history. Founded in 2018 in Berlin by Uwe Hölzer and Michael Högemann, the company focuses on expanding its network of independent wholesalers and retailers. MagaLoop raised €9m in a Series A and intends to use the funds to further expand its merchant network and drive additional platform expansions. It currently has more than 4,000 active merchants, an order volume of over €100 million annually, and employs around 70 people.

Participated · Series D · Jan 2022

Paack is a logistics and parcel-delivery company that began operations in Dubai five years ago and is now based in Barcelona. It offers scheduled deliveries in more than sixty European cities across Spain, Portugal, Italy and France. The company reports a 96% success rate on first deliveries and an international customer rating of 4.8 out of 5. Financially, Paack attracted €45M in the second half of 2023 and has now received an additional €10M from ICO Next Tech. Paack plans to continue expanding the number of countries and cities it serves and will pursue route optimization and investment in environmentally friendly vehicle fleets to support that growth. Paack is a Barcelona-based logistics company that provides parcel delivery services for e-commerce retailers. The company manages delivery of several million orders monthly for more than 150 clients, including 17 of the top 20 e-commerce retailers in Spain. Paack employs between 500 and 1,000 people and has raised more than €300M in investment since inception. The current round of €45M will be used to reinforce its market position in e-commerce delivery, invest in product innovation, and expand its distribution network across Europe. Paack has an ambition to become the first company to guarantee 100% zero-emission deliveries across Europe. The financing combines equity and debt to support growth and working capital needs. Paack operates an e-commerce delivery platform combining logistics software with warehouse-robotics integrations to manage last-mile and fulfillment operations. Its systems integrate with e-commerce sites so consumers can customize delivery schedules at checkout, and the company develops warehouse automation, time-window scheduling and routing integrations. Paack says it delivers several million orders per month for about 150 international clients, processes 10,000 parcels per hour per site, and counts 17 of the largest e-commerce retailers in Spain among its customers. The company was founded by Fernando Benito, Xavier Rosales and Suraj Shirvankar, and CEO Benito emphasizes a short-term vision to lead sustainable e-commerce delivery in Europe. Paack aims to deliver parcels at carbon net-zero using electric last-mile vehicles and is seeking certification with The Carbon Trust and the United Nations. It has established a profitable position in Spain and is pursuing similar results across the U.K., France and Portugal while using new capital for product development and European expansion. Paack is a Barcelona-based e-commerce delivery platform founded in 2015 that provides delivery services for retailers including Amazon, Decathlon, and MediaMarkt. The company is active in more than 60 cities across Spain, the UK, France and Portugal and works with over 3,000 local delivery partners. Paack has a team of more than 240 employees and expects to reach €50 million in sales this year. The platform focuses on coordinating deliveries between retailers and local couriers to fulfil e-commerce orders. The startup plans to use new capital to expand delivery coverage and invest in operational efficiency. To date, Paack has raised over $80 million in funding.

Participated · Series C · Mar 2021

Cubyn offers a fully integrated fulfilment and delivery solution that lets e-merchants outsource pickup, warehousing and shipping while keeping stock in Cubyn’s warehouses. The company launched "Cubyn Fulfilment" about 18 months after an earlier funding round and uses proprietary technology ranging from web apps to algorithms and warehouse robotics to optimize operations. Cubyn says this tech enables a fully integrated solution at a fraction of industry-standard cost and lists marketplaces such as Back Market, Rakuten, Mirakl and Fnac as customers. The company grew its gross merchandise value (GMV) from €30 million to €250 million in 2020. Today it operates with 85 employees and says 85% of shipments are in France and 15% international, a ratio it expects to move toward 50-50. Plans include international rollout (Spain and Portugal first, then Italy, the U.K. and Germany) and opening a 25,000 square meter automated facility in the Paris area. Cubyn operates a technology-driven logistics and warehouse fulfilment platform that integrates merchants into marketplaces and enables real-time stock and process monitoring. The company serves primarily e-commerce marketplaces across Europe and says it can reduce merchants' logistics costs by up to 30% while improving shipment quality. Cubyn uses proprietary technology to automate warehouse operations and streamline merchant integration. Management reports fulfillment revenues have been multiplied eighteenfold in the last six months. The company plans to continue expanding across France and to accelerate automation projects within its warehouses. Cubyn positions its platform to let e-merchants focus on sales while maintaining control over logistics and expenses. Cubyn provides outsourced fulfillment and delivery logistics for e-merchants, offering integrations with marketplaces and direct channels. The company has launched “Cubyn Fulfillment,” a fully integrated first‑mile solution that stores merchants’ inventory in Cubyn warehouses and handles packing and carrier selection. Cubyn says its service is offered at a 30% lower price point than competitors and emphasizes multi-channel, marketplace-agnostic logistics. Typical customers range from merchants shipping 500 to 50,000 orders per month, and Cubyn charges based on parcels shipped. Launched in 2015, the startup says it has made more than 2 million shipments in four years and highlights proprietary technology built from the ground up to drive efficiencies versus legacy third‑party logistics players. The company positions itself as an alternative to marketplace fulfillment offers by serving multi-channel sellers. Cubyn is a Paris-based logistics startup offering tech-powered, on-demand fulfillment for e-commerce merchants, including on-site pick-up, packaging and global shipping. Merchants create tailored shipment requests via Cubyn’s platform, e-commerce module or API, schedule pickups within a two-hour window, and track orders from warehouse through delivery. The company emphasizes automation and a developer-friendly integration to streamline merchants’ shipping workflows. Cubyn is led by co-Founders and CEO Adrien Fernandez-Baca and CTO Mathieu Lemaire. Since inception the company has processed over half a million shipments, and in the first half of 2017 it processed more shipments than in the entire prior year. The company plans to use new funding to strengthen its leadership position in France, expand to new European cities, scale customer acquisition and consolidate its management team. Cubyn is a Paris-based B2B logistics startup that collects customers' goods, packs them and ships them worldwide. The company handles end-to-end logistics, including purchase of cartons and protective materials, packaging, labeling, weighing and carrier selection. It partners with all major carriers to match shipments to customer needs. Cubyn was co-founded in 2014 by Adrien Fernandez Baca and Mathieu Lemaire. The company raised €1.1M in funding and will use the proceeds to expand operations nationwide. Its service is currently available in Paris and the company employs 14 people.