Led · Equity · Aug 2022

Cera operates a technology platform that equips its 10,000 carers and nurses with an app for scheduling visits and logging patient observations, creating one of Europe’s largest home-health data sets. Its AI models analyze this unstructured data to forecast events such as falls or hospitalizations up to a week in advance, enabling interventions that the company claims cut hospital admissions by up to 70%, reduce patient falls by 20%, and speed hospital discharges fivefold. Serving roughly 30 million people, Cera works with more than 150 local governments and two-thirds of NHS Integrated Care Systems, positioning itself as the UK’s largest non-NHS healthcare provider. Independent analysis by consultancy Faculty estimates the model saves the UK healthcare system £1 million daily. Financially, Cera says it achieved EBITDA profitability in 2023 and became free-cash-flow positive in 2024, allowing it to fund expansion largely through debt. The company continues to broaden its service lines to include nursing, physiotherapy, learning-disability support, physical-disability care, and in-home mental-health services.

Participated · Seed · Oct 2021

Alloy operates a telehealth platform that links women with physicians trained in menopause care, offering clinician community support and annual in-person training for its providers. The company emphasizes capital-efficient growth, claiming near-zero physician attrition and zero recruiting costs because clinicians join organically. Alloy reached profitability around its Series A in November 2024 and has since reinvested earnings into growth rather than hoarding cash. Its leadership, including co‑founders and co‑CEOs Anne Fulenwider and Monica Molenaar, positions the company as deliberately disciplined compared with better‑funded peers. The broader market context cited in reporting notes roughly 1.3 million U.S. women enter menopause each year and a global menopause market valued at about $17.8 billion in 2024. Alloy is pursuing a retention- and unit-economics-driven expansion rather than rapid, capital-intensive scaling.

Participated · Series B · Jul 2021

Little Spoon produces fresh, direct-to-consumer subscription baby and children’s meals, including Babyblends organic purees, Plates toddler and kids’ meals, and its Booster line of vitamins and natural remedies. Babyblends is priced at under $3 per meal and Plates at under $5 per meal. Since launch the company has delivered more than 15 million meals and is on track for more than 300% revenue growth. This year Little Spoon quadrupled its team from 10 to 37 employees. The company is building a community and content platform called “Is This Normal” to engage parents and considers that platform central to its product experience. Management plans to use new funding to expand operations, increase capacity, invest in community and content, and develop new products as it pursues a holistic children's nutrition solution. Little Spoon, launched in 2018, is a direct-to-consumer children’s food and nutrition company offering fresh meals, a recently launched Plates product line, and a parenting community platform called Is This Normal. The company pairs product offerings with a digital community that includes 1:1 Care Team support, anonymous expert Q&A, and the Is The Normal? game. Little Spoon has shipped over 9 million meals and reported revenue growth of over 300% since the start of the pandemic; its Plates launch sold out in the first week and generated a waitlist. The team emphasizes transparency, nutritive standards, and convenience to address gaps in the baby and toddler food category. Little Spoon runs multiple give-back and employer-partnership programs (including #Passthelittleplate and Little by Little) and has partnered with Amazon, Union Square Hospitality, Lettuce Entertain You, La Colombe, and Feeding America; it has donated more than $100,000 in meals to food banks. Little Spoon is a direct-to-consumer, subscription-based company producing modular packages of organic baby food. Members receive personalized meal plans and the site offers a rotating menu of 50 recipes using 80 ingredients. Meals are sold at a fixed price of $3 apiece, and the company says it has delivered 1 million meals to date. Its packaging is 100 percent recyclable, spoon included, which the company says promotes motor-skill development and mindful eating. Co-founders include Michelle Muller, CEO Ben Lewis, CPO Angela Vranich, and CMO Lisa Barnett; the team launched the business a little over a year ago out of New York. The startup plans to use the new capital to expand its line of baby meals. Little Spoon is a prepared baby-food delivery service that ships fresh, refrigerated 4 oz meals for infants. The company produces meals using high-pressure processing (HPP) to lock in nutrients and avoid additives and owns its production facility. Little Spoon ships up to two weeks' worth of meals, pricing meals at $2.99 each in bulk (three meals a day) or up to $4.99 individually, with flavors that change by age. Although the service is available in New York, the company’s food-processing facility is in California and it says products can ship anywhere in a day, enabling geographic expansion. The founding team includes co-founder Michelle Muller (the “chief mom”), CEO Ben Lewis, CPO Angela Vranich, and CMO Lisa Barnett. The startup has taken a couple million from angel investors, including Sean Rad and Kyle O’Brien, and plans to raise more as needed. The article notes several other baby-meal startups have struggled, highlighting market risk for niche meal-delivery ventures.

Participated · Equity · Apr 2018

SPIDR Tech builds an automated messaging and communications platform used by police departments to notify reporting parties (victims) and provide status updates on investigations. Founded by former officers Rahul Sidhu and Elon Kaiserman, the company pivoted from actionable intelligence and monitoring to focus on communications after spotting a larger opportunity. Its service sends automated texts and emails with case details, contact information and detective assignments, and is intentionally not used for sensitive cases; in Tucson the company has sent more than 1,000 messages to victims of petty crimes. Departments in Tucson, San Antonio, Grover Beach and Redondo Beach have used the platform, and the company says its messaging can improve public perception and trust. SPIDR is a Techstars New York graduate and positions its product as a way for police to rival private-sector customer-service communications. The company raised $2.5 million from outside investors to support its growth and product rollouts.