Participated · Series B · Jun 2022

Sharebite is a corporate food-ordering and employee meal benefits platform that partners with restaurants to deliver meals to corporate clients and remote employees. The platform provides a curated selection from thousands of restaurants and centralizes ordering, expense management, receipts, reimbursements, allowance limits, and admin controls for HR, IT and accounting teams. Sharebite offers manager features that recommend three to five restaurants for events and recently launched Sharebite Passport, a payment card that lets employees buy meals or groceries across restaurants and third-party delivery platforms with company-set allowances. The company plans to expand market share, launch new products and develop AI-powered tools to enhance the meal-ordering experience. Sharebite donates for every transaction to nonprofit partners including City Harvest and Feeding America and charges restaurants commissions starting at 12.5%. Founded in 2015 by Dilip Rao and Mohsin Memon, the company has grown to over 250 corporate clients including government-owned entities like NJ Transit, employs 150 people, and has raised $56 million to date. Sharebite offers an enterprise-focused food ordering platform and contactless delivery solution designed for workplaces, including its Sharebite Stations group-order product. The platform lets companies centrally manage food ordering, expense allocation, and batched contactless drop-offs at designated office locations. Sharebite partners with over 3,000+ curated restaurant merchants and serves numerous top law firms, investment banks, tech companies, and professional services firms. The company reported a 400% growth in contractual business in 2020 and says it has hundreds of companies in its pipeline. Every order on the platform triggers a donation to City Harvest to help alleviate childhood hunger. Sharebite is headquartered in New York City and operates in Chicago, the Bay Area, Austin, Charlotte, Irvine, and Washington, DC, and plans to expand Sharebite Stations across major U.S. metropolitan markets as offices reopen.

Participated · Series B · Oct 2021

Cogniac provides a computer-vision platform that connects machine-vision cameras, security cameras, drones, smartphones, and other image sources to generate custom AI models for tasks like damage detection, quality-control inspections, counting, and threat detection. The platform continuously improves classification and prediction via a feedback loop, prioritizing low-confidence predictions for human review and adapting models from archival imagery or user-entered data. Cogniac says its deep convolutional neural network models can reach over 90% accuracy prior to human corrections and support cloud, gateway, on-premises, and hybrid deployments. Customers include Georgia Pacific, Bobcat, and Trimac Transportation, and the company has participated in trials and contracts with U.S. government agencies, though it says government work is a small portion of its business. Cogniac is a member of Nvidia’s Inception accelerator program and lists partners such as SAP and Rockwell Automation. The company plans to use new funding to expand its workforce and ramp up R&D around computer vision, data storage, and human–AI interactivity. Cogniac provides an enterprise-class AI image and video analysis platform that builds inspection workflows for enterprises. Its deep-learning platform automates visual inspection tasks such as classifying, detecting, counting and measuring to human-level accuracy and beyond. The company serves global customers across automotive, industrial, rail, packaging, logistics, security and defense. Led by CEO Chuck Myers, Cogniac intends to use the new funding to hire key staff, expand sales and marketing, and support growth. Since its 2019 Series A, the company has experienced 78% year-over-year revenue growth and expanded its customer base. The business raised a $10M Series B to fund these initiatives.

Participated · Equity · Mar 2021

Rollick operates the GoRollick Powersports, RV, and Boat Buying Program Marketplace, connecting manufacturers, dealers, and finance and insurance providers with in-market consumers to deliver a seamless customer journey. Its solutions include new customer acquisition, enterprise lead management, customer experience/loyalty, and marketing automation. The GoRollick.com marketplace includes a nationwide network of dealers and relationships with over 80 manufacturers. Its affinity partner network provides access to over 250 million customers, including insurance policyholders, employees at more than 2,000 top U.S. companies, members of the military, veterans, and first responders. Rollick is led by founder and CEO Bernie Brenner and is based in Austin, TX and St. Louis. The company has raised a total of $22M to date and will use the new funds to expand programs nationwide and secure new programs from recreation industry players. Rollick is an Austin, Texas-based affinity buying program and enterprise lead management solution that connects manufacturers, dealers and in-market consumers across the powersports, RV, marine and industrial equipment industries. Its product suite includes new customer acquisition, enterprise lead management, customer experience/loyalty and marketing automation, and it operates a national outdoor recreational vehicle buying network spanning hundreds of dealers and more than 60 manufacturers. The company reports an affinity partner network with access to over 50 million customers, including insurance policyholders, employees at more than 2,000 top U.S. companies, members of the military, veterans and first responders. A portion of recent funding was used to acquire Avala Marketing Group, an OEM-to-dealer marketing automation, lead-nurturing and loyalty management platform focused on marine, RV and industrial manufacturers. Rollick plans to use its capital to continue progress in the powersports and RV industries and to expand its full suite of products into the marine and industrial channels. The combined company aims to provide manufacturers and retailers in distributed dealer networks with an end-to-end marketing solution. Rollick is developing an online marketing platform aimed at RV, boat, motorcycle and powersports dealers to create a more personalized, digital buying experience. The company plans to launch in select markets including central Texas this year and to expand nationally in early 2018. It will use the newly raised capital to hire sales and marketing staff in Austin and to accelerate product rollout. Rollick’s leadership includes CEO Bernie Brenner (co-founder and Chief Strategy Officer of TrueCar), President Amit Maheshwari (former SVP of global enterprise solutions at Cox Automotive) and COO Mike Timmons (former EVP of dealer sales operations at TrueCar). The company positions its product as modernizing marketing and search to help consumers find the right product and work with the right dealer. Financially, the article reports a $5.6 million funding round to support these plans.