Participated · Seed · Sep 2021

The Plate is a Berlin-based culinary creator platform that enables cooks to create channels, build communities, and monetize culinary content. Founded by former McKinsey and Bain executives Nadine Erk and Isabell Weiser, the startup is targeting the estimated 13+ million culinary content creators. It aims at the $10 billion culinary content market and the $60 billion kitchenware market. The company has grown to a 20-person team with roles in Berlin and a majority of the tech team based in Manila. The Plate is hand-selecting and approaching cooks to partner with at launch and has already brought on chef Dominik Hartmann. Financially, it has secured $1.3 million in pre-seed funding to support its launch and growth.

Participated · Series C · Feb 2020

FogHorn is a Sunnyvale, Calif.–based developer of intelligence edge computing software for industrial and commercial IoT applications. Its software platform delivers advanced analytics and machine learning at the on‑premises edge to enable advanced monitoring, diagnostics, machine performance optimization, proactive maintenance and operational intelligence. The technology is positioned for OEMs, systems integrators and end customers across manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, smart grid, smart city, smart building and connected vehicle use cases. Company leadership includes CEO David C. King, Chief Revenue Officer John Neville and VP of Engineering Senthil Kumar. FogHorn said it will use the new funding to scale and invest in continued product innovation. The company has raised a total of $72.5M to date following this round. FogHorn develops the Lightning edge-intelligence software platform that brings advanced analytics and machine learning to on-premises edge environments. Its platform enables advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. The technology targets OEMs, systems integrators and end customers across manufacturing, oil & gas, power and water, transportation, renewable energy, mining, agriculture, Smart Building, Smart City and connected vehicle applications. Led by CEO David C. King, the company operates engineering resources in Mountain View and Pune, India. FogHorn recently completed a $30M Series B round, bringing total funding to $47.5M, to support engineering expansion and global go-to-market growth. FogHorn develops "edge intelligence" software that brings analytics and machine learning to industrial and commercial IoT deployments. Its platform supports advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and broader operational-intelligence use cases. The technology targets OEMs, systems integrators and end customers across manufacturing, oil and gas, power and water, transportation, renewable energy, mining, agriculture, Smart Building, Smart City and connected vehicle applications. Led by CEO David C. King, the company said it will use new funds to continue developing the platform and to expand its geographic reach. The articles note an extended Series A and a prior Series A announced in July 2016. FogHorn provides an edge intelligence (fog computing) platform that enables real-time analytics, machine learning models and edge computing applications for industrial and enterprise IoT use cases. Its software stack blends real-time, on-site processing of sensor data with cloud-based management, analysis and machine learning. The platform applies intelligence at the edge to lower cloud-related bandwidth costs and refocus the cloud on functions such as application portability, provisioning orchestration and advanced analytics. FogHorn targets sectors including manufacturing, power and water utilities, oil and gas, mining, renewable energy, transportation, health care, smart grids, smart cities, smart buildings and connected vehicles. The company is led by CEO David C. King and CTO Sastry Malladi. In connection with its funding activity it raised $12M in Series A financing and converted an additional $2.5M of initial seed capital.

Participated · Series E · Jan 2020

Catalant Technologies operates an Expert Marketplace and a SaaS product that connect companies with freelance professionals as an alternative to traditional consulting firms. The company says it works with 35 percent of Fortune 1000 companies, including Pfizer and DuPont. Catalant positions freelancers as cost-effective, more agile options for strategic work in areas such as supply chain, data analytics, and project management. The company called 2020 a “watershed year” with record demand on its platform and said the pandemic accelerated an existing shift toward independent work. Catalant plans to use the new funding to scale its business and team to meet rising demand. The eight-year-old, Boston-based company has raised more than $100 million to date. Catalant Technologies offers a software and services platform for managing strategy execution, work planning, resource management, and insights and reporting. Its Resources module provides access to more than 65,000 independent experts and 1,000 consulting firms in 127 countries, supporting enterprise portfolio management and transformation workstreams. Customers include Anheuser‑Busch InBev, MassMutual, Highmark Health and Pfizer. Founded in 2013 as an online marketplace to match companies with consultants, Catalant has expanded into software for centers of excellence, organizational redesigns, post‑merger integrations, and agile transformations. The company recently raised a $35M Series E and expanded its debt facility to scale its product offering and enter new global markets, bringing total equity and debt funding to more than $100M. The financing and debt expansion are intended to scale the product and accelerate global expansion. Catalant provides a suite of software products that combine clients’ internal talent with a global network of more than 40,000 independent consultants and boutique firms to form dynamic talent pools. The platform matches companies to experts for work across research, strategy, marketing, finance, sales, operations and product initiatives. Led by co-CEOs and co-founders Rob Biederman and Patrick Petitti, Catalant serves thousands of global clients, including nearly one quarter of the Fortune 100. The company plans to use newly raised funds to further develop its software products and matching capabilities and to educate corporate decision makers on incorporating dynamic talent into strategic plans. Financially, Catalant has raised more than $73M in total financing to date and maintains a debt facility for ongoing financing needs. HourlyNerd is a Boston-based on-demand staffing platform that provides programming and other skilled staff for short-term projects without companies having to recruit or hire. The company is shifting toward enterprise customers and is updating its platform to include analytics and services to help customers manage time, work product and staffing requirements over time. At its core it matches skilled workers to project needs and is building tools to measure performance and incentivize on-demand talent. HourlyNerd currently has 65 employees and claims around 10 percent of the Fortune 500 as customers, including Pfizer and GE. The firm sees a future of more project-based skilled work and is positioning its platform as a full-service solution for large companies. Financially, it has raised a $22 million Series C and had previously raised around $12 million in total. HourlyNerd is a Boston, MA-based online talent marketplace that links elite independent freelancers and top MBA students who have worked at leading consulting firms and investment banks with businesses. Led by co-CEOs and co-founders Rob Biederman and Pat Petitti, the platform attracted over 4,500 companies using more than 10,000 consultants from around the country and the world within a few months via referrals, social network mentions and word of mouth. The company raised $7.8M in a Series B round led by Highland Capital Partners, with participation from GE Ventures, Greylock Partners, Intuit founder Scott Cook, the Kraft Group, angel investor Semil Shah, former Etsy CEO Maria Thomas, Rent the Runway Founder/CEO Jennifer Hyman and Suffolk Equity Partners. HourlyNerd said it will use the funds to continue to expand its technology platform. The Series B follows a Series A financing 11 months earlier led by Highland Capital Partners and Greylock Partners and an earlier seed round led by angel investor Mark Cuban.

Participated · Series B · Jul 2019

Founded in 2011, Balena offers a software platform that abstracts away infrastructure complexity so engineering teams can securely deploy, update, and monitor large fleets of edge devices from a single interface. Its container-based architecture supports 178 device types and powers fleets operating in more than 50 countries, with certain customers managing fleets exceeding 100,000 devices. Key capabilities include secure over-the-air (OTA) updates, remote troubleshooting, and support for intensive Edge AI workloads without vendor lock-in. The company positions itself as the easiest-to-use, hardware-agnostic solution for scaling edge and IoT deployments. Looking ahead, Balena plans to accelerate product innovation around Edge AI and enhanced security compliance while expanding resources for customer success and global fleet support. These initiatives will be funded by the newly announced strategic growth investment, reinforcing the firm’s mission to make edge technology more accessible to a wider audience.

Participated · Series B · Jul 2019

Nuvolo offers Nuvolo Connected Workplace, a SaaS-based Integrated Workplace Management System (IWMS) designed for organizations that demand modern, mobile-first workplace service management. The platform supports facilities and device maintenance, robust regulatory compliance, and operational-technology (OT) cybersecurity for connected non-IT devices. Led by CEO Tom Stanford, the company serves more than 1,550 clients globally across healthcare, life sciences, financial services and the public sector. Nuvolo, based in Paramus, N.J., raised an additional $31M in Series C funding. The company intends to use the funds to expand its workforce and bolster its technology stack as part of an investment and acceleration of its product roadmap over the next two years. Investors in the round include Insight Partners (lead), New Enterprise Associates, Kaiser Permanente Ventures and Revelation Partners. Nuvolo provides cloud-based facilities and Integrated Workplace Management Systems (IWMS) built on ServiceNow to help organizations manage enterprise assets, space, and facilities. Led by CEO Tom Stanford, the company serves customers across technology, financial services, federal and state government, oil and gas, higher education, e-commerce and retail. Nuvolo has a global workforce located throughout the US, Europe and Asia. The company raised $12M in a Series B funding round. It intends to use the funds to continue to expand operations and broaden its business reach. Nuvolo is based in Paramus, N.J. Nuvolo offers a modern, cloud-based enterprise asset management (EAM) platform built on ServiceNow that emphasizes ease of use, security, availability and a mobile-first experience. The product has seen strong adoption in healthcare, life sciences and regulated manufacturing, with broader facilities EAM use across other industries. The company manages more than 5.8 million clinical devices across over 3,125 healthcare providers and supports 3,750 service workers on its platform. Nuvolo positions itself as the world’s largest and fastest-growing clinical asset management platform. The recent financing is intended to accelerate global expansion and substantially increase investments in innovation, sales and customer success. Nuvolo focuses on optimizing operations and cost management for regulated industries. Nuvolo Technologies builds enterprise software on the ServiceNow platform, offering asset management solutions for healthcare, life sciences, manufacturing and facilities. Led by CEO Tom Stanford, the company provides its platform globally as a traditional enterprise cloud solution or as a domain-separated, multi-tenant environment for managed service providers. Nuvolo intends to use the new funding to accelerate product development and to build out a global sales organization. The company is based in New York, NY. The announced financing strengthens its position to expand product capabilities and go-to-market reach. No operating metrics were disclosed in the article.