Participated · Equity · Jul 2021

Generate builds, owns, operates and finances sustainable infrastructure across energy, waste, water and transport, offering an Infrastructure-as-a-Service model so customers avoid large capital commitments. The company partners with more than 40 technology and project developers and serves over 1,000 customers. Over the last seven years it has built a portfolio of about $2 billion in sustainable infrastructure assets and now owns and operates more than 2,000 assets globally. Generate says its assets are expected to prevent over 43 million metric tons of CO2e over their operating lives. The company recently doubled staff across business lines, launched a Generate Credit unit to create more credit solutions for green projects, and is pursuing geographic expansion beyond North America. The new capital infusion will support expansion into new sectors and regions and continued deployment of proven decarbonization and resource-efficiency solutions. Generate builds, owns, operates, and finances sustainable infrastructure for industry and municipalities across energy, waste, water and transport. Its technology stack includes battery storage, solar, energy efficiency, electric vehicles, fuel cells, wastewater treatment, distributed desalination and organic waste management. The company works with more than 25 development partners to serve hundreds of companies, schools, cities and non-profits throughout North America. Generate plans to grow its fleet of renewable infrastructure projects using recently secured capital. Founded in 2014, the firm has built more than $1 billion in sustainable infrastructure assets. The company reported positive cash flows since its first year and netted more than $100 million in 2019.

Participated · Equity · May 2016

Healthcare Interactive builds a health-planning data platform that aggregates different types of data to help employers and health systems manage healthcare plans. The platform can interface with devices, electronic medical records and pharmacy data to centralize plan management. The company is Glenwood-based and positions its product for employers and health systems seeking integrated data workflows. Financially, the company announced an additional $3.4 million in funding as a follow-on to its prior Series A. That earlier Series A was an $8 million round announced in 2014. The article does not disclose operating metrics or other future plans. Healthcare Interactive provides insurance companies, health systems, and third-party administrators with a cloud-based platform to process complex benefit designs. It develops specific programs to engage members and improve outcomes and provides administrative tools to deliver, manage, and measure the success of those programs. The company is led by Henry Cha (CEO) and Keith Lemer. Healthcare Interactive is based in Glenwood, Maryland. The company closed an $8M Series A funding round led by Grotech Ventures and Harbert Venture Partners.

Led · Equity · Aug 2015

Kineticor Resource develops, purchases and owns on-site power generation projects across Canada, including flare gas, baseload power and cogeneration installations. The company is led by President & CEO Andrew Plaunt and was founded in March 2013. Headquartered in Calgary, Alberta, it focuses on customized, site-specific power solutions for clients. Kineticor intends to use recent financing proceeds to fund current and future projects that are in various stages of development. The company closed an $80M equity financing to support its project pipeline and operations.

Led · Equity · Jun 2013

Modus eDiscovery converts legal documents into searchable data and charges customers by the gigabyte for making information accessible. The company emphasizes analytics to find documents that human reviewers may miss, aiming to reduce the labor‑intensive costs of traditional e-discovery. Modus does not claim intellectual property per se and operates as a services provider to law firms and legal teams. It positions itself against dominant legacy e-discovery players by leveraging data to change processes and outcomes. Modus plans to use its recent financing to expand into larger markets, specifically California and New York. The company is led by CEO Abtin Buergari and recently raised outside capital to support its growth.