Participated · Seed · Mar 2021

KPI Sense provides a finance-as-a-service hybrid software and managed services platform for SaaS CFOs, finance teams, founders, and CEOs. Its proprietary model combines accounting, billing, and customer data into an enterprise-grade, technology-agnostic reporting platform. The platform is designed to help SaaS businesses identify customer trends, make key business decisions, prepare for board meetings, and seek funding. The company is led by Founder and CEO Will Cordes and is based in Chicago. KPI Sense currently employs 15 people and plans to double its headcount by year-end. It intends to use new funding to build out engineering and product teams to support product development and launch its platform.

Participated · Equity · Jul 2013

Social Tables provides a cloud-based collaborative event software platform that enables planners and properties to work together and manage events online. The platform supports event planning across a range of sizes, from small meetings and receptions to city-wide conventions. Customers include hospitality brands such as Hyatt Hotels, House of Blues and media like Forbes. The solution is used by more than 100,000 professionals across 4,300 customers, and the company employs more than 135 people. Social Tables closed a $13M Series B in 2016 and plans to use the proceeds to develop new products slated for launch in 2017. To date the company has raised $22.6M. SocialTables offers a collaborative event-planning platform and seating-arrangement tools that deliver sales and operations functionality for hotels, venues, and event planners. The product is used by both venue owners and party planners, with notable customers including Hyatt Hotel Corporation and Caesars Entertainment. The company reports 2,500 customers and 30,000 users, roughly two-thirds venue owners and one-third planners. Founded by Dan Berger, the platform evolved from clever seating software into broader hospitality SaaS aimed at streamlining event sales and operations. SocialTables plans to use new capital to better serve current customers and build additional hospitality products to drive efficiencies in the industry. The company previously raised $1.6 million before this round. Social Tables builds web-based software that creates 2D and 3D diagrams and seating arrangements to help event spaces design layouts and sell spaces to clients. Customers use the product both to plan events and to generate quick visual proposals for potential clients. The company reported revenue growth of 65% month-over-month since September 2012 and serves over 500 enterprise customers, including major hotel chains and museums. Headcount has grown from four employees to 18, and the team is actively hiring following the new funding. Founder and CEO Dan Berger will be taking a salary for the first time since founding the company. SocialTables provides an HTML5, browser-based platform (with iPad support) that lets planners create venue mockups, drag-and-drop guests, and collaborate on floorplans in real time. The system pulls social data from guest lists to help seat like-minded people or create deliberate matches. The product emphasizes a polished UI and non-linear collaboration so multiple users can edit simultaneously. The service is free to try, with enterprise versions available and pricing starting at $500 per event. The company has served roughly 3,500 events and over 100,000 guests, indicating early traction. Dan Berger founded the company at Fortify Ventures in DC, and Gary Vaynerchuk is listed as an adviser.

Participated · Seed · Mar 2013

WizeHive offers Zengine, a secure cloud SaaS platform that enables application, review, and full lifecycle management of grants, scholarships, fellowships, and other awards. The platform is highly configurable and quick to deploy, reducing the need for customized solutions and allowing organizations to retain their mission workflows. WizeHive serves hundreds of corporations, foundations, government entities, universities, and non-profits, helping them engage applicants and deliver compliance and reporting insights. The company combines its platform with industry-leading services and support to drive client success. The announced capital will be used to drive continued growth, accelerate product advancement around ease of use and reporting, and strengthen customer success infrastructure. WizeHive offers a platform that enables businesses to build custom, business-focused applications. The company is preparing to launch an updated platform that aims to let users create apps without technical knowledge and is currently available in beta. WizeHive was co-founded by DreamIt Ventures cofounder Michael Levinson and currently employs 21 people. Its clients include the Smithsonian, Northwestern University, and the American Humane Society. The company recently closed a $1 million seed round to support its next phase of product development. DuckDuckGo founder Gabriel Weinberg participated in the round and will join WizeHive’s board. WizeHive builds cloud-based business applications. The company was founded by Dreamit partner Michael Leveinson. According to the article, WizeHive recently closed a $950,000 round of funding reported in SEC filings. The piece notes this influx of capital may be related to the company offering $250,000 in grants. No revenue, user metrics, or additional financial details are provided in the article. WizeHive is a web-based group messaging and task-management service that combines Twitter-like streams, threaded conversations, and task-management features for business workgroups. Features include threaded message streams, mobile-optimized web access (iPhone; Blackberry and Android optimizations coming), an Adobe Air desktop client, email ingestion of notes and attachments, file uploads and in-browser viewing, and task tracking with due dates and assignment statuses. Its most distinctive feature is a per-workspace small database with customizable data fields for managing contacts or events, and the company already exposes an API for third-party add-ons. WizeHive plans to launch paid add-on apps — an Opportunity Tracking CRM app and a TimeSheets app due in January — and intends to charge subscription fees for those apps, with add-ons priced under $10 per month. The service is free for up to three people and 50MB of storage, with paid plans starting at $8 per month and additional fees for extra storage. WizeHive launched in beta with 500 TechCrunch invites available and was bootstrapped with $100,000 from founders Mike Carson and Michael Levinson.