• Siren Care

  Led · Equity · Jan 2025

  Siren develops Siren Socks, sensor-embedded socks that continuously measure foot temperature and detect hotspots to identify early signs of diabetic foot ulcers in real time. The company says continuous data collection can reduce DFU risk by up to 68% and amputations by 83%. Siren intends to use new funding to further develop the product and drive clinical adoption. Founder Ran Ma built early prototypes and the startup won TechCrunch’s Hardware Battlefield contest in 2017. Financially, Siren secured $9.5M in the latest strategic round (including an $8M check from Mölnlycke Health Care) and has now raised $43M to date. Past financing includes an $11.8M Series B with backers such as Khosla Ventures. Siren has developed proprietary technology to embed microsensors into fabric, enabling mass production of washable smart textiles. Its first commercial product is an FDA-registered temperature-monitoring sock for early detection of inflammation that can lead to diabetic foot ulcers. The products integrate into users’ everyday lives and provide real-time biofeedback to patients and their doctors. Diabetic foot ulcers cost the U.S. health system over $43 billion annually and lead to more than 100,000 lower-limb amputations, highlighting the market need. To support accelerated product demand, Siren is growing its team and is actively hiring, adding several engineering, sales, and executive hires over the past 12 months. Financially, Siren raised an additional $9M in Series B financing, bringing the total Series B to nearly $21M. Siren develops technology to embed microsensors within fabric to enable mass production of washable smart textiles for remote patient monitoring applications. Its first commercial product is an FDA-registered temperature-monitoring sock that connects wirelessly to a software application. The sock is designed to allow podiatrists to detect early signs of inflammation in patients at risk of developing diabetic foot ulcers. The company has focused on bringing the product to market and positioning itself for commercial expansion. Siren was founded in 2015 and is headquartered in San Francisco, CA. To date it has raised capital across multiple funding rounds to support commercialization. Siren has developed socks built with its Neurofabric technology that embed microsensors to monitor foot temperatures and surface-level changes for people with diabetes. Each sock contains six sensors (12 per pair), is machine-washable and requires no charging. The product is sold via a subscription priced at $19.95 per month, which includes an initial five-pair pack, replacement socks every six months, and access to the Siren Hub for monitoring. The company has iterated several versions of the socks and won TechCrunch’s Hardware Battlefield at CES. Siren plans to create additional health products using the same embedded-sensor approach and says the fabrication process is easily scalable. The company announced a $3.4 million investment from DCM, Khosla Ventures and Founders Fund.

• Vouch

  Participated · Series C · Mar 2024

  Vouch is a tech-enabled insurance provider that focuses on serving high-growth companies and startups. It operates an MGA brand, Corix, and offers instant quoting with access to 80+ insurance carriers. The company provides tailored brokerage and insurance products, including coverages for emerging risks and founder-friendly policies. Vouch announced a Series D first close led by Allegis Capital and says the funding will support expansion of its brokerage capabilities and development of new insurance products. Vouch signed a definitive agreement to acquire the team and book of business of StartSure, integrating StartSure's proprietary MGA programs for coworking and inventory insurance. As part of the deal, StartSure's team, including CEO Tim DiPietro, will join Vouch and StartSure clients will gain access to Vouch's broader suite of products and resources. Vouch is a San Francisco-based provider of business insurance tailored to high-growth companies. Founded in 2018 and led by CEO Sam Hodges, the company offers digital-first procurement, proprietary pricing and underwriting, and coverages that scale as clients grow. In 2023 it expanded its reinsurance panel from four to seven partners and launched AI Insurance to address nascent AI risks, as well as Vouch Horizon for scale-stage startups. Vouch has invested in its team, adding over 70 employees since 2022 and strengthening leadership with several senior hires across sales, demand generation, claims, actuarial, and underwriting. The company reports resolving hundreds of claims totaling many millions of dollars. It plans to use the new funding to expand operations, development efforts, its insurance product set, distribution channels, and its technology platform. Vouch offers a fully digital, tailored insurance platform designed specifically for startups and high-growth companies, with rapid online quoting and binding. The company provides proprietary products including work-from-anywhere coverage, broader cyber coverages, embedded insurance and expanded underwriting for early-stage to growth-market startups. Vouch said it saw a 7x increase in its customer base year over year, now protects over $5.7 billion in risk across thousands of policies and serves more than 1,600 clients. Vouch is the only startup-focused business insurer that also owns its own insurance carrier, allowing it to underwrite and back its own policies. The company declined to disclose hard revenue figures. Planned use of new capital includes investment in technical capabilities, expanding product offerings, hiring and building embedded insurance so partner customers can buy Vouch coverage directly from partner websites within 12 months. Vouch Insurance offers business insurance products tailored to startups, including Business Property, General Liability, Employment Practices Liability and Cyber Coverage, with underwriting support from Munich Re. The company works directly with clients to insure, manage, and avoid risks rather than brokering to legacy carriers. Founded by Sam Hodges and Travis Hedge, Vouch launched in Utah and Illinois in September 2019, subsequently scaled to six additional markets, and has just launched in California. The company plans to offer coverage nationwide by the end of 2020. Financially, Vouch raised a $45M Series B and has $70M in financing to date. The new capital is intended to support its national expansion. Vouch Insurance is an insurance company serving early-stage startups, based in San Francisco and Chicago. It has launched proprietary insurance products and risk-assessment tools tailored to high-growth companies, sold exclusively online at vouch.us. Its policies are backed by Munich Re and the company is authorized by regulators to sell in Utah and Illinois. Vouch is a preferred insurance provider for Silicon Valley Bank’s client base. The company plans to expand into California in the fall, reach 10 states by the end of the year, and serve customers nationwide by the end of 2020. It intends to use new funding to launch in more states, expand product offerings, and build out its team.

• Coverflex

  Participated · Series A · Feb 2023

  Coverflex offers a platform that aggregates multiple benefits providers to let employers design bespoke compensation packages — including health insurance, meal allowances, fringe benefits and discounts. The product aims to reduce employer costs through tax-efficient benefits while boosting employee value and financial literacy around compensation. Coverflex reports 3,600 clients and 70,000 active users who use the platform more than eight times per month on average. The company lists customers such as Santander, Natixis, OysterHR, Bolt, Emma, Revolut and Smartex. It plans to target Italy aggressively as a key European growth market. Coverflex recently completed a €15M Series A to support its expansion and product development. Coverflex is a Portugal-based HRtech founded in 2019 that provides a customisable "Compensation as a service" platform allowing employers to manage health insurance, meal allowances, fringe benefits, discount programmes and company-defined budgets. The service includes a VISA card and an app for employees to access those benefits and budgets. Coverflex positions its product as both a cost-saving administrative tool and a recruitment differentiator aimed at modernising rigid, one-size-fits-all compensation packages. Even at pre-seed stage the company has attracted notable clients including PwC, Bolt, Emma - The Sleep Company, Landing.Jobs, Startup Lisboa, Rows, Paul Stricker, Velocidi, Dott and Unbabel. The company raised €5 million in a pre-seed round led by Breega with participation from the 200M Fund and Portuguese angel investors. Coverflex says it will use the funding to support international rollout and recruitment efforts.

• CargoGuard

  Participated · Equity · Dec 2011

  CargoGuard develops integrated security solutions that combine a locking and sealing function, GPS tracking and a monitoring system to protect valuable goods and sensitive documents during transportation and storage. The company serves logistics companies, manufacturers, authorities and governments that need to safeguard handling of high-end or confidential items. CargoGuard was founded in 2007 and is led by managing directors Jean Blaufuß and Thomas Wilde. It closed a €3.1m financing round to support its plans. The company intends to use the capital to develop new products, expand the organization and invest in technology.

No current team members are available.