Participated · Equity · May 2023

Prognos Health is a New York City–based real-world data (RWD) company operating a managed, integrated RWD marketplace. Its platform harmonizes lab and health records across more than 325 million de-identified patients to provide a comprehensive, integrated view of patient health. The marketplace is used by over 70 life sciences customers to accelerate drug development, improve the safety and efficacy of existing drugs, and identify new patient populations. Led by CEO Sundeep Bhan, Prognos serves researchers, payers, and providers with fully integrated datasets to support clinical and commercial decision-making. The company raised $23M in growth equity and intends to use the funds to accelerate growth and expand the reach of its platform. The article emphasizes the company’s focus on expanding its impact on healthcare through data-driven tools and partnerships. Medivo operates a HIPAA-compliant, cloud-based health monitoring platform that provides modules for physicians and patients across a range of conditions and offers mobile tools and simple explanations of lab results. The company provides free services for physicians and consumers and has expanded its reach with increased engagements with life sciences firms and a partnership with the American Association of Clinical Endocrinologists. Medivo reports having doubled its growth year-over-year for the past three years and has presented peer-reviewed findings from a proprietary clinical database. The platform includes modules for diabetes, dyslipidemia, hepatitis C, gout, low testosterone, irritable bowel disease, hereditary angioedema, chronic myelogenous leukemia and other conditions, with initiatives to add obesity, rheumatoid arthritis, hepatitis B, HIV, several cancers, and additional chronic diseases. The company plans to continue expanding its network of laboratories, enrich its analytics services, build connectivity to additional data sources, and broaden product offerings and patient engagement services. Medivo is New York City–based and is venture-backed by investors including Merck GHIF, Safeguard Scientifics, and MentorTech Ventures. Medivo provides data analytics and lab testing services through an online, HIPAA‑compliant platform that connects patients to a nationwide network of physicians, lab service centers, and home testing services. Its PatientPath™ services identify gaps in patient lab testing and treatment, enable testing through thousands of labs, explain results to patients, and relay information to primary care physicians. The platform is designed to improve access to testing, educate patients about results, and help physicians make more efficient use of diagnostic testing. Medivo’s stated mission is to save lives through faster and easier access to quality healthcare; the company is led by co‑founder and CEO Sundeep Bhan. The article positions Medivo to capitalize on a U.S. lab testing market described as more than $50 billion and expected to double by 2020, noting lab services affect roughly 70% of critical clinical decisions. The company announced a $7 million Series A to support product development and expansion of sales and marketing.

Participated · Series A · Apr 2022

Branch, founded in 2019, sells ergonomic chairs, standing desks, workstations, conference furniture and space division products direct to customers with chair prices typically $250–$400 and desks $500–$1,000. The company pivoted from enterprise to home-office products during the pandemic, which drove rapid growth (600% in 2020, then fourfold growth in 2021) and helped it build a run rate up to the mid‑eight figures on earlier capital. More recently Branch has seen enterprise revenue grow 500% over the last three quarters, with a sweet spot in companies of 20–200 employees and additional demand from property landlords. The business is investing the new capital in product development, R&D, hiring (design, marketing, sales, operations) and building technology around furniture, including consumer ergonomics and an improved app as well as enterprise tools for office managers. The team was under 20 people prior to the raise, and the company is also exploring a brick‑and‑mortar store later in the year. Leadership emphasizes design-driven branding and aims to expand product lines now that many workers are returning to offices. Branch was founded to make it easy for teams of all sizes to create an office they love. The company sells office furniture direct to customers, which it says lowers collection costs to about half that of comparable premium furniture. Branch offers end-to-end services such as space planning, delivery, and white-glove installation. It also provides the ability to trade in used furniture when customers move or grow. The product and service offering targets teams and businesses seeking turnkey office solutions. Branch is based in New York.

Led · Equity · Nov 2021

Butler provides a hospitality network with technology designed to foster community and connect travelers with the cities around them, optimizing traditional operating models beginning with Room Service. As an extension of its platform, the company continues to develop a portfolio of relevant dining concepts. Hospitality partners include Hilton, Hyatt, IHG, Marriott, and more. The company is led by founder and CEO Premtim Gjonbalic and is based in New York. Financially, the company raised $32M in this round, bringing total funding to north of $50M. Butler intends to use the funds to accelerate growth and expand operations, more than doubling its presence to 12 US markets and aiming to service nearly 250,000 rooms. Butler Hospitality operates ghost kitchens inside hotels, transforming hotel restaurants into delivery hubs that prepare Butler’s own curated menu and deliver directly to guests’ rooms in under thirty minutes. It partners directly with hotel operators and charges guests’ credit cards on file, using proprietary ordering and delivery-tracking technology and supporting bill-to-room payment. Founded in 2016 and launched out of the Entrepreneurs Roundtable Accelerator in 2017, Butler serves more than 30,000 keys in New York City and has grown rooms served over 100% year-over-year for three years. The company partners with brands including Museum of Ice Cream, &pizza, and Ess-a-Bagel, and during COVID-19 delivered over 175,000 meals to first responders and vulnerable populations. Butler plans to broaden service offerings and expand operations beyond New York City into Chicago, Miami, and Washington D.C., funded by the recent round. To date the company has raised $20.2M in funding.

Participated · Series B · Jun 2021

WaitWhat, co-founded by June Cohen and Deron Triff—two people who helped conceive of and build the TED digital media empire—describes itself as a "media invention company" that produces podcasts and other content. Its portfolio includes Masters of Scale, Meditative Story, Spark & Fire and Should This Exist?, and it has seen about 70 million total downloads to date. Meditative Story is downloaded roughly 750,000 times per month, and an entrepreneur training course tied to Masters of Scale was downloaded 10,000 times in its first eight weeks. The company plans to continue producing proven formats while investing in technology and R&D to develop new formats beyond podcasting. Specific experiments mentioned include a storytelling-driven physical-wellness format integrated into workouts, intergenerational (parent/child) experiences, and an early-stage television series. The founders emphasize habit-driven content ecosystems and aim to build a portfolio of premium IP focused on fulfilling human potential. WaitWhat is a digital content production company that creates podcasts and other media properties. The company dubs itself a 'media invention company' and is the production engine behind Reid Hoffman’s Masters of Scale. Founded and launched in January 2017 by former TED executives June Cohen and Deron Triff, WaitWhat focuses on premium, format-expandable audio content. It plans to use the new funding to create additional media properties across a variety of mediums, including podcasts; it is launching Should This Exist, a podcast hosted by Caterina Fake in partnership with Quartz. The article situates WaitWhat within a broader podcasting boom, noting industry growth and recent M&A such as Spotify’s acquisitions of Gimlet and Anchor. No company revenue or user metrics are reported in the article.

Participated · Series B · Jun 2021

New Stand builds modern smart vending physical products that can be placed in office lobbies, building floors, hotels, college campuses, airports and other locations, paired with an app that provides convenience and location-based media. The product offers basics like snacks, books and personal care items alongside curated content, points and rewards. The company describes itself as a "day improvement" business and is positioning its platform as both a consumer convenience and a media/technology channel. New Stand is pushing into the office vertical with a workplace amenity called New Stand at Work and is aiming to evolve from primarily a consumer business to an enterprise-facing offering for employers and landlords. Founded in 2015 and based in New York, the company currently operates in about 20 locations. Financially, New Stand has raised a $40M Series B and has now raised just over $56M in total to date.