Participated · Series C · Oct 2024

Homee provides an AI-driven direct repair network and a curated marketplace of service providers that connects insurers, policyholders, and skilled service providers across the lifecycle of a claim. The company’s core product includes an AI Smart-Claim management platform used by firms in the insurance sector to improve the claims experience. Homee said it will use the new funding to accelerate software development for that AI Smart-Claim platform. Financially, the company reported its fifth consecutive record quarter with revenue growth of 15% and claim assignment growth of 14% over the prior quarter. Operationally, Homee expanded nationwide repair coverage by over 300% in 2024 to cover more than 7 million homes in 38 states and has seen a 250% increase in claims assigned to its network since Q1 2024. The company is led by CEO Doug Schaedler. HOMEE is a Tampa-based technology platform that connects insurers, policyholders, and skilled service providers in the claims process. Its platform is used by leading insurance and warranty firms to handle small-to-medium losses typically under $25,000 and pairs with a network of 20,000+ registered contractors. Over the past year HOMEE experienced a dramatic increase in claims volume, contributing to record financial results for the first six months of 2021. The company plans to use new capital to enhance its technology suite and launch new markets to further service carriers and expand its service provider network across the United States. Its investor base includes insurance-affiliated institutions such as Liberty Mutual Strategic Ventures, State Farm Ventures, Hartford Investment Management Company, Desjardins, and other strategic investors. Homee offers a single software solution for property maintenance, dispatching professionals, and insurance claims processing. Its platform supports homes, condos, offices, and restaurants and the company counts some of the largest national single-family and multi-family portfolio companies as clients. Homee's solution includes FNOL, estimates, payments, proof of completion, and the ability to capture and deliver job site videos and photos to insurers. The company has moved into the insurance space with claims processing for home and home warranty claims and provides insurance products for pros via partnerships with Coterie, CoverWallet, and AP Intego. Homee was founded in 2016. The company disclosed a new $4.5 million financing following a $15 million round announced less than a year earlier. Homee operates an on-demand home services platform that lets homeowners and property managers access thousands of skilled service providers. Led by co-founder and CEO Doug Schaedler, the service supports homes, condos, offices and restaurants. Using GPS-enabled smartphone technology, providers accept new job requests in under a minute on average and arrive at job locations in about 30 minutes or less. Every service provider is background-checked, screened by the company’s operations team, and continually monitored via the app’s provider rating system. The company counts some of the largest national single-family and multi-family portfolio companies among its clients. Homee says it will use the Series B proceeds to launch new markets and expand its service provider network across the United States. Homee is an on-demand property maintenance platform that gives homeowners and property managers instant access to skilled service providers. Led by co-founder and CEO Doug Schaedler, the Tampa, Fla.-based company uses GPS-enabled smartphone technology so providers accept new requests in under a minute on average and arrive to jobs in about 30 minutes or less. Every service provider is background-checked and screened by Homee’s operations team and continuously monitored via the app’s provider rating system to maintain quality. Homee’s service covers any property type, including homes, condos, offices and restaurants. The company plans to use the Series A proceeds to launch new markets and expand its vendor network across the United States. The startup completed an $11M Series A financing.

Led · Series A · Aug 2023

Companion Protect is a national B2B2C pet insurance and wellness program administrator that leverages its PALS® technology platform to provide fully branded, customized pet insurance and wellness experiences. The company offers white‑label pet health products and administers programs for insurers, retailers, affinity groups, shelters, and other channel partners. It has launched and grown programs for Liberty Mutual, Safeco, and CSAA Insurance Group and recently contracted with another Top 5 insurer to launch a new pet insurance program. Companion Protect closed a $20.25 million Series A extension from its Series A investors following a $27 million Series A in 2023. Proceeds from the extension will fund product and partner expansion and digital innovation to enhance the customer experience. The company is privately held and headquartered in the greater Kansas City area. Companion Protect is a national B2B2C pet insurance and pet wellness program administrator headquartered in the greater Kansas City area (Leawood, Kan.). The company leverages its PALS® platform to provide insurers and pet owners with a seamless, user-friendly pet insurance and wellness experience. It runs programs for property and casualty insurers, employee benefits providers, retail channels, affinity partners, and animal welfare organizations. Companion Protect has launched pet insurance programs for Liberty Mutual, Safeco, and CSAA Insurance Group and is building programs for animal shelters, rescues, and shelter software providers. Several additional program launches are slated for late-2023 and beyond across retail, employee benefits, and traditional property and casualty channels. The company is privately held and intends to use new capital to fund product and partner expansion and digital innovation in claims processing to enhance the customer experience.

Participated · Equity · Jul 2023

Nexus PMG is a Dallas, TX-based waste-to-value and low-carbon infrastructure company providing advisory and development services to infrastructure investors. Led by CEO Ben Hubbard, it delivers technical, operational and financial diligence and integrated services including development, preliminary engineering, contract structuring, EPC, commissioning and operational readiness. The firm offers front-end engineering and design, development-as-a-service and operational turnaround. Nexus develops greenfield and brownfield assets through two subsidiaries: Nexus W2V (converting organic waste into renewable natural gas, compost and biochar) and Pathway Energy (producing ultra-low‑carbon sustainable aviation fuel with carbon sequestration); both expect to commercialize assets over the next several years. Today Nexus serves upwards of 100 investors, developers and corporations that collectively have more than $300 billion of energy transition AUM and more than $1 trillion of global AUM, and has supported over $35 billion of low-carbon infrastructure projects across 26 U.S. states, 13 countries and five continents. The company plans to use new capital to expand services, hire talent and grow its offerings and client base.

Led · Series B · May 2023

Hyro builds an AI-powered conversational platform that automates text and voice conversations between healthcare organizations and their clients across web, call center and app channels. The platform functions as a drop-in replacement for traditional IVR, handling calls and texts to answer common questions and complete tasks like booking or rescheduling appointments, prescription refills, and physician-directory searches. Hyro offers an AI-powered search that scrapes up-to-date information from a customer's website and a smart-routing feature that decides whether to complete tasks automatically, send self-serve links via SMS, or route requests to the appropriate department. The company provides backend engagement and conversion metrics and a feedback loop that surfaces knowledge gaps and the data behind AI responses. Hyro says its assistants have been used by tens of millions of patients and that annual recurring revenue has doubled since it went to market in 2019. The startup plans to expand into adjacent industries such as real estate and the public sector and to add more customization, business-optimization recommendations, and additional AI skills. Hyro, formerly Airbud, offers an adaptive communications platform that layers voice and text chat onto enterprise applications and websites. The product can integrate with contact centers, chatbots, SMS and other channels and scrapes clients' websites to build conversational trees so customers don’t have to do heavy upfront work. Hyro targets information‑heavy industries and is currently aimed at healthcare but plans to expand into real estate, government and other verticals. The company highlights Twilio’s participation and a developing partnership around contact centers as a key differentiator. Hyro lists customers including Carroll, Wheelpros, Mercy Health, University of Rochester Medical Center and Weill Cornell Medicine. Its latest funding brings its total financing to $15 million.

Participated · Series B · Dec 2021

Karamba Security builds security products and services that protect IoT devices and connected vehicles throughout the device lifecycle without disrupting R&D or supply-chain processes. The company recently launched a cloud-based incident analysis service to complement its offerings. Karamba says it has 80 successful engagements with Fortune 500 companies and one engagement that secured a fleet of 800,000 units across more than 100 countries. Management emphasizes strong regulatory demand driving adoption among IoT manufacturers and automotive OEMs. Financially, this fundraising news brings the company’s total funding to $27 million. The company continues to target automotive and IoT OEMs seeking seamless, lifecycle security. Karamba Security provides industry-leading automotive cybersecurity software, including products such as Carwall and SafeCAN, that protect endpoints and the internal messaging bus. Its solutions prevent cyberattacks with zero false positives and secure communications, including OTA updates, while adding negligible performance overhead. The company’s software is integrated across chip architectures (ARM, Intel, PowerPC, Infineon) and OS/scheduler platforms (QNX, Linux, various RTOS and AUTOSAR). In the two years following its launch, Karamba has engaged with 17 automotive OEMs and tier‑1 suppliers. Karamba plans to use new funding for inorganic growth, including acquiring companies and technology assets to accelerate its Autonomous Security portfolio and meet growing demand from automotive and IoT customers. Financially, its operations were funded by a $17M raise last year and it recently added a $10M venture debt facility, bringing total investment to $27M. Karamba Security builds embedded security software installed in a vehicle’s electronic control units (ECUs) that locks down factory settings and prevents execution of programs that deviate from those settings. The company’s approach is built-in rather than relying on PC-style intrusion detection, aiming to stop malevolent hacks on embedded automotive systems. Karamba has worked with 16 new customers in the past 15 months in the cost-sensitive automotive manufacturing industry. Co-founder and chairman David Barzilai says the product is installed inside ECUs that control brakes, navigation and entertainment. The company will use new funding primarily for hiring, continued R&D, performance testing and to open offices in Michigan near major U.S. automakers. To date Karamba has raised $17 million across three rounds within about one year. Karamba Security develops the Carwall Autonomous Security suite, software that automatically locks down vehicle ECUs to factory-known instructions so they can block unauthorized operations locally. The product extension includes in-memory protection that blocks memory-based attacks such as buffer overruns and return-oriented programming (ROP). Karamba emphasizes deterministic, on-ECU decisions that require no connectivity, no anti-malware updates, and impose a negligible CPU/performance footprint. The company claims its approach yields zero false positives, avoiding the safety risks associated with network-based detection. Five months after emerging from stealth, Karamba completed proof-of-concept work with several Tier-1 suppliers and reports strong demand from OEMs and Tier-1 providers; FEV North America is cited as integrating Carwall into its reference platform. The company is actively promoting its Autonomous Security framework at multiple industry events this fall. Karamba Security builds cybersecurity software that is installed on vehicle controllers (ECUs) to lock factory settings and prevent foreign code or banned behaviors from running, thereby blocking access to a car's CAN Bus. The software can be deployed as a retrofit or preinstalled on controllers for new vehicles. Karamba aims to protect both infotainment and critical vehicle systems such as braking and fuel injection. The company emerged from stealth and operates from Tel Aviv with a business development office in Detroit. Co-founders include Ami Dotan, Tal Ben-David, David Barzilai and Assaf Hare. Karamba closed a $2.5 million seed round in March and plans to use the funds for hiring, research and development, and to lock in early customers, with the expectation of signing full-year contracts with major automotive suppliers next year.