Participated · Seed · Apr 2024

Bavest is a B2B FinTech company based in Germany that offers AI-based financial infrastructure for businesses. Founded in 2019 by Pedram Babaei, William Todt, and Ramtin Babaei, the company began as a B2C business and pivoted to B2B in late 2022. Its platform gives access to a wide range of financial and alternative data, including sentiment, ESG, and climate datasets, centralized through the Bavest API. Bavest provides AI-as-a-Service capabilities that allow asset managers to run portfolio risk assessments and quantify climate impact. The company has positioned itself as a provider of AI-driven financial infrastructure for asset managers. The recent funding will fuel Bavest’s ambitions to accelerate.

Participated · Seed · Mar 2024

Bavest provides infrastructure that gives fintechs, banks and asset managers access to real-time financial data and alternative data such as CO₂ data, carbon footprint data, involvement risk analyses and ESG scores. The company also offers an AI-as-a-Service solution that enables asset managers to use AI to assess portfolios for risk and accurately quantify climate impact. Bavest targets enterprises seeking integrated climate and ESG analytics within financial workflows. The startup was founded in 2019 by Pedram Babaei, William Todt and Ramtin Babaei and is based in Frankfurt, Germany. Bavest intends to use the new funding to accelerate growth and further consolidate its position as a provider of AI-based financial infrastructure for businesses. Bavest is described as operating across competitive intelligence, financial services and software services. On 16 July 2022 the company raised an angel funding round. The article does not disclose the round size. Named investors in the round are Moritz Luck, Dieter Staib, Felix Leonhardt and Alexander Burlis. The report includes no operating metrics such as revenue or user counts. No specific product details or future plans were provided in the article.

Led · Series A · Aug 2018

RevJet provides an ad experience platform that orchestrates personalized ad creative experiences at scale, enabling marketers to manage ad experiences across every media channel. The platform supports use cases including DCO, personalization, audience management, workflow, approvals, creative performance visualization, experimentation, and self‑optimizing performance competitions. Led by founder and CEO Mitchell Weisman, RevJet powers digital marketing creative experiences for Fortune 500 marketers. The company plans to use recent funding to expand investment in AI and machine learning, develop personalized cross‑screen video, and accelerate international growth. RevJet has been in market for three years and reported 200% growth in Annual Recurring Revenue (ARR) from 2016 to 2017, with projected growth of over 200% again in 2018. The company is based in San Carlos, California.

Led · Equity · May 2012

LifeStreet Media is an online ad network that delivers global in-app advertising for Facebook, Apple (iOS) and Android developers through its RevJet optimization platform. The company intends to use new capital to expand in the social and mobile display advertising space and to provide liquidity for investors. LifeStreet was founded by Mitchell Weisman, Paul Kennedy and Serge Ioffe and received early funding from Exigent Ventures, its founders and additional angel investors. The company is based in San Carlos, California, and also maintains offices in Moscow, Odessa and Riga. LifeStreet received a $66m investment from middle-market private equity firm Nautic Partners.