Participated · Series A · Dec 2023

Medallion provides artists with customizable, white-label digital hubs to promote album releases, tour dates, merch drops, sell digital collectibles/NFTs and share exclusive content to foster direct fan relationships. The platform is built on blockchain and allows users to sign in with email or wallet providers such as Rainbow, Coinbase and WalletConnect. Medallion is free for artists to use but takes a percentage of all sales on the platform (the fee rate was not disclosed). About 20 artists are currently using the platform, including Jungle, Greta Van Fleet, Illenium, Disclosure, Mt. Joy and Sigur Rós. The company plans to introduce new member benefits and early-access features—like prerelease listening, presale tickets, video premieres—and enable new exclusive digital collectibles and Shopify integrations for physical sales. Medallion intends to expand availability to a few hundred more artists in 2024 and does not expect to be widely available until 2025 or later.

Participated · Series C · Jan 2023

SpiderOak develops zero-trust cybersecurity and resiliency solutions for space systems, centered on its OrbitSecure product suite. OrbitSecure combines no-knowledge encryption and distributed-ledger technology and includes a fully decentralized key management system to enable availability and continued operations in disconnected or highly contested networks. The suite is designed to reduce attack surfaces and increase resiliency for multi-vendor, multi-network mesh proliferated low-Earth orbit satellite networks, helping guard against jamming, disruption, modification, or contesting of satellite communications. SpiderOak’s commercially available products serve civil, military, and commercial space operations. The company is 100% U.S.-owned and operated and is based in Reston, Virginia. SpiderOak is partnering with Accenture through Project Spotlight to co-innovate, access Accenture’s enterprise clients and scale adoption of its end-to-end satellite security offerings; terms of the investment were not disclosed. SpiderOak builds end-to-end space cybersecurity software anchored on zero-trust encryption and a distributed ledger to protect civil, military and commercial space operations. Its flagship OrbitSecure product uses a fully decentralized key management system to maintain availability and operations in disconnected or contested space networks. The technology is designed to increase resiliency for multi-vendor, multi-network LEO constellations by reducing attack surface and limiting adversary ability to jam, disrupt, modify, or contest communications. SpiderOak is 100% U.S.-owned and operated and is led by CEO Dave Pearah and Executive Chairman Charles Beames. The company plans to complete on-orbit testing and achieve flight heritage for OrbitSecure 2.0 and to establish a Reston, VA headquarters to expand program and engineering teams. It also intends to develop a space cybersecurity laboratory for hardware-in-the-loop qualification testing for OrbitSecure and custom mission partner solutions.

Led · Series A · Oct 2019

Purchasing Platform operates a proprietary B2B marketplace and spend-management platform that aggregates millions of industry-relevant products from more than 50 leading vendors at negotiated prices. The platform serves an aggregate demand from more than 2,000 manufactured housing communities across the U.S., and in Q3 2019 added approximately 500 communities. Its product offers include standardized portfolio-driven products, customizable spend-approval workflows, detailed spend analytics, and multi-tiered order and customer support that reduce time spent offsite and streamline vendor payments. The company reports productivity improvements for property maintenance teams by cutting travel to stores and consolidating procurement channels. Purchasing Platform has experienced rapid growth—363% three-year growth—and was named to the Inc. 5000 list in August 2019. The business plans to broaden its footprint into adjacent sectors (multifamily, student housing, single family, senior living, self-storage, and other commercial real estate) and to expand technology development and hiring across customer success, merchandising, account management, marketing, and tactical buying. Purchasing Platform operates a membership-based ecommerce application that aggregates the buying power of real estate operators to centralize purchasing for property managers and corporate staff. The platform will offer a wide array of products at competitive prices, customized approval routing, and detailed spend reports. The company raised capital to complete development of its ecommerce platform and to fund startup operations. Proceeds will also support business development, client support, and the build-out of procurement teams as the company integrates its first group of clients. The team added ecommerce operations veteran Brad Kreutz as chief operating officer. Founder and CEO Peter Hepner brings more than fifteen years of commercial real estate experience, including leading asset management for a $3 billion real estate investment company, which informed the product vision.

Participated · Series B · Sep 2018

Singular builds a marketing intelligence platform that unifies data from mobile, web and offline sources to give marketers a single pane of glass. The product sits on top of complex marketing stacks and integrates with existing marketing tools while often displacing smaller point solutions. CEO Gadi Eliashiv says the platform can present both high-level CMO dashboards and the finest level of detail for attribution and analysis. The company was founded by former Onavo executives Gadi Eliashiv, Eran Friedman and Susan Kuo, who serve as CEO, CTO and COO. Singular already counts customers including Lyft, Yelp, Airbnb, LinkedIn, Symantec, Zynga, Match and Twitter. The team positions the product as an intelligence layer rather than an ad‑buying tool. Singular provides a marketing analytics platform that delivers attribution, cost aggregation, creative reporting and workflow automation within a single application. Led by CEO Gadi Eliashiv, the company connects disparate digital marketing data from publishers, CRM providers and other partners to help marketers uncover actionable insights for customers such as Lyft, Twitter, Match.com and Zynga. Since its inception in 2014, Singular has tracked and analyzed more than 6 billion installs and $3 billion in digital marketing spend, and it processes billions of consumer marketing data points weekly from over 600 integration partners. Singular will use the new funds to accelerate product development and support international expansion, and it already maintains regional offices in Europe and the Middle East. The company has raised $20 million to date, including the newly announced $15 million Series A. The platform serves industries including commerce, travel, gaming, entertainment and on-demand services. Singular provides a cross-platform, cloud-based mobile marketing dashboard that unifies the mobile marketing ecosystem by combining ad network data with ad trackers, BI solutions, and other databases. The company positions its product as a fully automatic SaaS solution that removes manual operations and enables marketers to analyze granular ROI across channels, creatives, geographies, and user segments. Singular emphasizes measuring quality installs and post-install engagement rather than simple install counts, enabling marketers to optimize spend and scale campaigns. It cites customers including Kabam, GREE, Storm8, Hotel Tonight, Big Fish Games, Perfect World, and GetTaxi. The founding team comprises ex-Onavo executives (CEO Gadi Elishayov, CTO Eran Friedman, and COO Susan Kuo), who left Onavo prior to its acquisition and built Singular from that experience. Financially, the company announced a $5 million seed financing from General Catalyst Partners.

Participated · Equity · Sep 2017

ForeverCar operates a technology platform that sells vehicle service contracts directly to consumers and through partner brands. The platform powers transactions on behalf of Liberty Mutual, CUNA Mutual Group and other partners. Founded in 2012 by CEO Mark Hodes and based in Chicago, the company serves consumers with out-of-warranty vehicles. ForeverCar recently closed a $15M debt and equity financing round to support growth. The company will use the proceeds to capitalize a new entity, ForeverCar Consumer Credit, LLC, and to expand direct-to-consumer and business-to-business marketing, sales, and servicing capabilities. The financing combines follow-on equity from existing investors and a debt facility to support its consumer-friendly financing solution. ForeverCar is a Chicago-based marketplace that displays quotes and enables car owners to purchase car repair protection plans. Led by CEO Mark Hodes, the online service gives full visibility into what’s covered. It offers comprehensive coverage across the U.S., with many plan options providing the equivalent of a manufacturer's bumper-to-bumper warranty. The company raised $10m in a Series A to fund growth. ForeverCar intends to use the proceeds to expand its reach to power transactions for credit unions and banks, auto insurers, auto shopping portals and auto dealers.