Led · Series B · Apr 2025

Notable Systems develops enterprise-grade document intelligence and AI agents to process unstructured healthcare documents such as requisitions, prescriptions, medical records, and payer correspondence. Its technology extracts, classifies, splits, labels, and routes documents into appropriate revenue cycle workflows to reduce manual processing. Customers named in the articles include Orthofix, National Seating & Mobility, and Advanced Diabetes Supply (a Cardinal Health subsidiary). Following XiFin’s Series B investment and strategic alliance, Notable plans to realign operations and increase investment in engineering, product innovation, and embedded delivery capabilities for major healthcare providers and RCM platforms. The company’s solutions are being integrated into XiFin’s Empower AI RCM ecosystem, including the early XiFin Empower DocExtract offering. The partnership aims to extend automation across workflows from patient registration and eligibility to billing, payments, and appeals, and to improve financial outcomes in complex billing environments.

Participated · Seed · Apr 2025

Sturdy.ai offers an autonomous, AI-powered Customer Intelligence platform that analyzes unstructured customer interactions—emails, calls, support tickets, chats and more—to surface revenue threats, pinpoint root causes, and deliver cross-functional insights in real time. The company reports it has analyzed billions of customer interactions, building a large proprietary dataset to improve its models and speed of insight. Sturdy plans to deepen its AI capabilities, expand integrations with customer data silos, and grow its go-to-market and engineering teams. The platform is positioned to provide proactive warning signals for churn and unlock revenue opportunities for enterprise customers. Sturdy was founded in 2020 and emphasizes an AI-native approach to retention and revenue protection. SturdyAI provides an AI-led customer intelligence and automation platform that helps companies unify and analyze customer feedback from email, tickets, chats, call transcripts, surveys, and more. Its system uses natural language processing and machine learning to surface business insights such as churn triggers, contract requests, feature requests, and service-quality issues. The platform creates just-in-time automations to route insights to the people, teams, and systems that need them to enable immediate action. SturdyAI targets B2B SaaS companies and other subscription-based businesses to improve customer relationships and retention. Led by CEO Steve Hazelton and based in Portland, OR, the company plans to use new funding to continue early growth, broaden market awareness, and strengthen its customer intelligence solution.

Participated · Equity · Aug 2024

pgEdge develops a fully distributed PostgreSQL database that is open source and built entirely on standard PostgreSQL. Its multi-master (active-active) replication technology is designed to operate across geographic regions and multi-cloud environments to deliver high availability and significantly reduced data latency for edge computing and edge AI applications. The company positions its product for mission-critical, stateful applications deployed at or near the network edge. pgEdge said it will collaborate with Akamai on advanced edge computing and edge AI solutions. Customers named in the article include Bertelsmann, Qube RT, Jobot, the European Parliament, and several U.S. government agencies. Headquartered in Northern Virginia, pgEdge has raised a total of $23 million in seed-stage funding. pgEdge develops distributed PostgreSQL technology that enables multi-master (active-active) replication across geographic regions to reduce latency and provide ultra-high availability for mission-critical applications. The company’s core product targets developers who need to build and deploy distributed database applications across a global network. pgEdge plans to use the newly raised funds to expand operations and broaden its business reach. The company is led by co-founder and CEO Phillip Merrick and is based in Alexandria, VA. In conjunction with the funding, pgEdge announced that Ben Fried, former CIO of Google, has joined its Board of Directors; Fried spent 14 years at Google and previously worked for over a decade at Morgan Stanley. pgEdge develops a fully distributed, multi-active (multi-master) database based on open-source PostgreSQL that is optimized for the network edge. Its Distributed PostgreSQL enables presentation, compute functions and the relational database to be deployed at or near the edge to reduce latency, improve availability, and address data residency requirements without application code changes. The product is available as pgEdge Cloud, a fully managed DBaaS (planned for 2H 2023) across more than 100 zones on AWS, Azure and Google Cloud, and as pgEdge Platform, downloadable software for self-hosting on-premises or in customer-managed cloud accounts. The company emerged from stealth and is led by CEO Phillip Merrick and CTO Denis Lussier. Target customers include e-commerce companies, SaaS firms and large enterprises. pgEdge says it will use new capital to accelerate growth, expand operations and broaden its business reach.

Participated · Seed · Jun 2024

Caju AI offers a platform that captures and analyzes customer communications across messaging channels and engagement data to deliver conversation intelligence, call summaries, regional activity monitoring, trend analysis, and actionable business intelligence. The platform emphasizes generative AI capabilities to accelerate field engagement and enhance customer satisfaction across the enterprise. It also includes features to ensure regulatory compliance, prevent data loss, and mitigate other risk concerns. Led by CEO Otavio Freire, the company positions itself as a player in AI-driven customer engagement and compliance solutions. Caju AI plans to use recent funding to accelerate a new phase of growth and innovation and to consolidate its market position. The company is headquartered in Charlottesville, VA.

Led · Series A · Dec 2023

Base Operations operates a SaaS platform that aggregates, visualizes, and interprets the world's threat data to help companies keep people and assets safe. The platform increases organizational resilience by surfacing tailored insights and notifying security teams about changes and drivers of threats around thousands of business-relevant locations. In November the company launched an Enterprise offering that enhanced its database of global threat patterns into a tailored platform for security teams. The product helps prevent incidents such as retail and cargo theft and property damage, supports duty of care for traveling or remote employees, and aids strategic initiatives like new market entry, business continuity planning, and dynamic allocation of security resources. Financially, Base Operations recently closed a $9.1M Series A, an up round that reflects traction under difficult market conditions. The company intends to use the funding to augment forecasting capabilities, expand data strategies in emerging markets, programmatically generate detailed reports and analysis, and enhance tailored recommendations. Base Operations also plans to hire across go-to-market, product, and technology roles. Base Operations offers a SaaS threat-intelligence platform that aggregates and visualizes hundreds of millions of crowdsourced and official data points to deliver granular, street-level analysis for enterprise security operations. The product integrates with multinational companies' global security operations centers to help protect people, assets, and operations from violence, crime, and unrest. Customers include Moderna and other Fortune 500 firms across life sciences, technology, financial services, and consulting with complex global footprints. This month the company announced a partnership with ESRI to visualize Base Operations data inside ESRI's spatial intelligence GIS mapping software. The company added Dean Geribo, Head of Corporate Security at Moderna, to its advisory board. Base Operations plans to use the new funding to accelerate recruiting, enhance its product, expand globally, and advance its AI/ML capabilities. Founded in 2018 by Cory Siskind, Base Operations offers a Micro Intelligence platform that delivers street-level threat assessments to support enterprise security operations. The product aggregates government statistics, social media, local news and partnered data from NGOs and universities, using machine learning to surface actionable insights. Its current focus areas include travel security, real estate and supply chain security, helping companies keep people safe while maintaining operations. The company recently launched its street-level threat mapping platform and doubled its employee base in the past month. Base Operations positions physical security as a strategic, SaaS-optimized function distinct from cybersecurity. The startup raised a seed round to fund hiring, product extension and global expansion. Base Operations, founded by former security and risk management consultant Cory Siskind, offers a suite of hosted software services and mobile applications to provide security updates, geo-tagged alerts and check-in capabilities for corporate workforces. The platform includes a dashboard for customers to monitor employee locations and an app that delivers location-based risk alerts and nudges toward safer behavior. In a simulated test with a Fortune 500 insurance client, Base Operations identified 80% of the workforce in under two days and more than half of employees checked in within 24 hours. The company has three customers so far, including an undisclosed insurance provider, energy company Enel and another unnamed corporation. It provides services in 15 cities, including Mexico City, São Paulo, Rio de Janeiro, Buenos Aires, Santiago, San Juan and San Jose. Base Operations graduated from the Techstars Impact Accelerator in 2018 and recently raised $1 million to expand sales and marketing and continue research and development.