Led · Series A · Sep 2025

Tie (formerly Revenue Roll) offers a real-time, AI-driven identity and data-enrichment platform that can recognize up to 95% of U.S. website visitors—even those obscured by expired cookies, cross-device behavior, or lack of login—and immediately pipes enriched consumer data back to brands for personalized outreach. The network stitches together more than 25 billion data points from over 1,000 sources, covering 280 million opted-in consumers, and is used by hundreds of B2C brands such as Caraway, Cozy Earth, Crunch Fitness, and Macy’s Wine Shop. Customers have reported an average 152% increase in email-able abandoned-cart audiences and a 3% lift in online sales, while Tie’s 100 largest clients saw 3.1% sales growth and 2.8% higher order volume from April 2024 to March 2025. Brand adoption has tripled year-over-year, reflecting strong product-market fit and sticky unit economics. With its fresh capital, the company plans to triple U.S. headcount in 2025, deepen AI enrichment across first-party datasets, and build new integrations with email, commerce, and ad platforms. Tie positions itself as the privacy-conscious successor to traditional cookie-based audience targeting, helping marketers “own” their audiences rather than renting them.

Participated · Seed · Jun 2025

Lumion provides an all-in-one SaaS platform for trade and technical schools, unifying the full student lifecycle from lead capture through alumni tracking. The platform includes enrollment tools, a payments stack (including a lender marketplace and school-administered plans), and full-service SIS capabilities with centralized reporting. Lumion originally focused on student financing and has since evolved into a broader operating system for schools. Over the last year the company says it tripled revenue, customer base, and team while supporting over 100,000 students across 260+ partner schools in more than 29 industries. Operational metrics reported include processing 140,000 tuition payments and enabling 1,690 school administrators; the company estimates $20 billion in human capital impact and has grown to a 35-person team. Headquartered in Salt Lake City, Lumion plans to accelerate market expansion and continue product innovation amid favorable workforce-development policy tailwinds.

Led · Equity · May 2025

LIS Technologies develops the patented Condensation Repression Isotope Selective Laser Activation (CRISLA) laser isotope separation technology, positioned as a U.S.-origin solution for Low-Enriched Uranium (LEU), High-Assay LEU (HALEU), medical and research stable isotopes, and semiconductor/quantum applications. Its CRISLA-3G technology was independently evaluated to meet TRL-4 criteria under DOE guidance and is protected by a U.S. patent. The company has assembled a cross-functional team of scientific, regulatory, and technical experts and recently received a Radioactive Material License from Tennessee to enable procurement of UF6 feedstock for R&D. Financially, LIS has raised over $71 million to date, including the recent $7.128 million oversubscribed round, and was selected in 2024 as one of six awardees under the DOE's LEU Enrichment Acquisition Program. LIS announced plans for a future LEU-3 commercial enrichment facility on LIST Island in Oak Ridge with a projected $1.38 billion investment and an expected capacity of up to 5,500,000 SWUs annually, with construction planning beginning in 2026 and target initial operations in the early 2030s. The company positions its process as more energy-efficient and potentially lower capital and operating cost than conventional enrichment methods.

Participated · Series B · Jan 2023

Strata Identity builds an identity orchestration platform (its flagship product Maverics) that lets customers run logins for legacy applications alongside modern tools without rewriting code. The platform provides connectors to enable interoperability across multiple identity systems and covers access control, authentication and auditing. CEO and co-founder Eric Olden, a veteran of the security industry, positioned the product to solve gaps left by traditional identity management vendors. Strata says its connectors can save customers substantial migration or redevelopment costs by avoiding application rewrites. The company declined to disclose revenue but reported growth of more than 350% in the last year. Strata is currently focused on North America and plans to scale into the Asia Pacific region, likely in 2024. Strata has developed Maverics, a distributed identity orchestration platform that creates an Identity Fabric to bridge and unify multiple cloud identity systems and legacy data center systems. The company’s founders co-authored the SAML standard used for cross-cloud identity and SSO. Strata positions Maverics to let organizations manage hybrid and multi-cloud identity as a single system without rewriting applications. The product targets the $12B identity and access management (IAM) market and the broader $142B cloud adoption and migration market. Strata plans to use new funding to scale research & development, go-to-market, sales, marketing, and customer success. The company was named a Gartner Cool Vendor in Identity Access Management and Fraud Detection and was nominated for membership in the Microsoft Intelligent Security Association to integrate Maverics with Azure AD.

Led · Seed · Jul 2021

Pastel is a purpose-built NFT blockchain and platform that aims to eliminate middlemen in collecting and trading rare digital assets. Founded in 2018 and emerging from stealth in early 2021, Pastel uses a native utility token (PSL) with deflationary mechanics to power on-chain transactions. Its core technology includes a deep-learning powered duplicate-detection system for assessing rarity across platforms and a proprietary native storage solution using RaptorQ fountain codes and the Kademlia protocol. The project offers open-source developer tools and encourages third parties to build white-label marketplaces or integrate features such as near-duplicate detection and NSFW validation. Pastel plans to launch the Pastel marketplace, release developer tools for enterprises and collaborative platforms, and further optimize its open-design for builders. The company announced a $5 million seed raise to fund development, marketplace launch, and product rollouts.