Participated · Seed · Jul 2026

Coverwatch offers an AI-native insurance platform whose core IP is an information extraction and summarization pipeline that agentically maps each client’s business to the right underwriting questions. The platform provides proactive recommendations to reduce risk, supports contract reviews and insurance planning, and offers hands-on claims management and assistance. Its target clients span homeowner associations, venture-backed technology companies, and consumer brands in ecommerce and CPG. The company is licensed in 17 states and aims to be licensed across the 48 continental U.S. states by Q3 2026. Coverwatch reports that revenue has been doubling each month on average since Q2 2026. It was founded by Miquel Llobet (CEO), Kevin Wu (COO) and Wilmer Yan (CTO) and is headquartered in San Francisco.

Participated · Seed · Jun 2026

Ralo operates an AI-native mortgage brokerage that automates loan shopping, underwriting coordination and the back-office work traditionally handled by loan officers and processors. The company claims its AI systems secure rates more than half a percentage point below the national average, close mortgages in about 15 days on average, and are on average 4x less expensive than other brokers. Ralo pairs AI-powered loan officers with human support as needed, offers instant personalized rate quotes and enables pre-approval in minutes. It closed its first loans in March 2026 and reports revenue is doubling month over month. Ralo is licensed in California, Colorado and Texas and plans to expand to additional states this year. The startup was founded by former Google product manager Arjun Lalwani and former Google engineer and Goldman Sachs quant Helly Shah and is headquartered in New York City.

Led · Seed · Jul 2024

The Lasso is an online car-bidding platform that helps car owners get top dollar by facilitating bids from local dealerships. Founder and CEO Nate Mihalovich launched the company in fall 2022 after a difficult car-selling experience in 2019 and amid rising demand for online transactions during the pandemic. The platform provides dealers with a reliable source of quality inventory while delivering a convenient, trustworthy process for consumers. In less than two years it has hosted over 25,000 listings totaling more than $625 million in value. The company says its initial traction in limited geographies validates the model and it plans to expand nationwide using new funding to accelerate growth.

Led · Seed · Oct 2023

QuoteMachine provides retail sales software that turns in-store or online conversations into transactions via transactional microsites, enabling quoting, ordering, invoicing and payment capture. The platform supports complex, high-touch sales workflows and integrates with Shopify, Lightspeed Commerce, and the Intuit Developer Platform. The company handles roughly $40 million in gross merchandise value on a monthly basis, and about 60% of supported sales conversations convert to sales. Approximately 70% of QuoteMachine’s merchants are in the United States, and the team has more than doubled in size over the past six months. QuoteMachine plans to use new capital to launch new payment solutions, add inventory management capabilities to better empower salespeople, and grow its go-to-market teams. The company positions itself to be the primary sales software for SMB commerce that places the human touch at the center of the sales experience. QuoteMachine builds a platform that enables retailers to provide personalized, human-led sales support in-store, online, or via hybrid workflows. The product integrates with retail software such as Lightspeed to let sales associates start conversations online or close in-person-initiated conversations digitally. Merchants using QuoteMachine through Lightspeed have seen large sales increases, closing 70% of conversations backed by the platform and reporting higher customer satisfaction. The company raised CA$1 million in a financing round led by Telegraph Hill Cap with participation from Maple Leaf Angels’ MLA48 III, Real Ventures, and other business angels. QuoteMachine plans to use the funding to grow its team, deepen its offering, and expand partnerships beyond Lightspeed to other retail software platforms. The company is also working to broaden communication channels (online chat, messaging apps, video) and support post‑COVID trends such as appointment-based shopping and in-store pickup.

Participated · Equity · Sep 2021

Moon provides infrastructure that lets e‑commerce sites accept crypto payments and funds merchant cards using bitcoin. The company is expanding product functionality to a web and mobile application and to allow funding cards from exchanges beyond Coinbase. It plans to enable payments with stablecoins in addition to bitcoin and to broaden its geographic reach outside the U.S. Moon intends to grow its team from seven to about 10–12 employees in the coming months. The startup is using new funding to accelerate partnerships and product expansion. Cards currently have U.S.-only usability constraints due to limited personal information collection.