Gryffin Ventures
21 Grove Street, 4th Floor, Florida, NY, 10921, United States
Overview
Gryffin Ventures structure lucrative real estate deals so that our investors and partners can earn safe, consistent cash flow.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Immi
Participated · Series A · Mar 2023
Immi develops plant-based instant ramen that is lower in carbohydrates and higher in protein than traditional instant noodles, initially launching three flavors: Spicy “Beef,” Tom Yum “Shrimp,” and Black Garlic “Chicken.” The company has seen strong direct-to-consumer demand, grew revenue over six times year‑over‑year, and has sold out seven times since 2021. Immi expanded into retail in 2022, launching at Whole Foods, Wegmans and The Fresh Market, and its private tasting community has grown from about 4,000 to 6,000 members. The company plans to unveil nine additional flavors and is experimenting with another 12 potential flavors, plus exploring other products outside of ramen. Product roadmap work includes noodle texture and cook-time improvements and new formats such as cups. Management plans to use new capital to round out its executive team, fund product development research, and expand retail distribution nationwide. Immi produces plant-based, low-carb, low-sodium instant ramen cups that average 22 grams of protein and come in Black Garlic “Chicken,” Tom Yum “Shrimp,” and Spicy “Beef.” The founders, Kevin Lee and Kevin Chanthasiriphan, went full-time on the company in 2019 and spent several years on R&D to reformulate a product that replicates traditional broth taste, mouthfeel, texture and slurpability. The company launched its products in January and sold out inventory in the first month; it has since sold over 10,000 orders and built a 4,000-member community used for rapid taste testing. Immi plans to expand its product line with more flavors and noodle types and to develop additional Asian food products like snacks and confections with cleaner ingredients. The team is focused on marketing and distribution growth, including expanding into wholesale channels and online grocers and exploring international sales. The company is hiring for key executive roles and working to optimize its supply chain while continuing product iteration based on customer feedback.
- nSure.ai
Participated · Series A · Mar 2022
nSure.ai provides an AI-driven Fraud Prevention Intelligence system that continuously evolves with the threat landscape. The platform is purpose-built for virtual goods and aims to guarantee that legitimate transactions are approved while keeping fraudulent charges out. It covers gift cards, gaming, crypto, NFTs, financial services, airline tickets and other virtual goods. Led by co-founders Alex Zeltcer (CEO) and Isaiah (CTO), the company emphasizes anti-fraud and chargeback-free guarantees. With the new funding, nSure.ai plans to extend its anti-fraud, chargeback-free guarantees and meet demand from sectors lacking sufficient fraud prevention systems. The company is based in Tel Aviv, Israel. nSure AI offers a predictive AI and deep-learning risk engine that detects fraud for high-risk digital goods such as electronic gift cards, airline tickets, software and games. Unlike many tools that analyze individual transactions with rules, its platform uses deep learning to more accurately identify fraudulent purchases. The company currently has 16 employees and monitors and manages millions of transactions every month; since going live in 2019 it has approved close to $1 billion in volume. nSure AI reports a 98% approval rating on average versus an industry average of 80% and will accept liability for any fraudulent transaction allowed by its platform. The new funding is intended to bolster its predictive AI and machine-learning algorithms and to register thousands of new merchants. Founders Alex Zeltcer and Ziv Isaiah built the product after experiencing high fraud rates in their own online gift card business.
Team
No current team members are available.