Participated · Series A · Jan 2025

Nue provides a unified Revenue Lifecycle platform that combines CPQ, customer lifecycle management, billing, invoicing, collections, and revenue intelligence in a Salesforce-native architecture. The product enables hybrid monetization models including subscriptions and usage-based consumption, real-time usage rating and billing, and enterprise features like billing account hierarchies. Nue positions itself as an alternative to legacy tools such as Salesforce CPQ and Zuora, emphasizing faster ROI, omnichannel flexibility, and reduced implementation complexity. In 2024 the company delivered three-fold year-over-year sales growth and counts customers including Procurify, Iodine, Mews, and i3 Verticals. Financially, the company has raised a total of $40 million to date. Nue plans to accelerate product innovation, enhance customer success, and expand globally while targeting a major share of the $4 billion CPQ and billing markets over the next three to four years. Nue.io provides a quote-to-revenue platform built on the Salesforce platform, offering pricing, sales, and finance tools. The platform includes automated pricing and quoting, sales enablement tools, financial reporting and analytics, and usage-based billing. Nue positions its product to help SaaS businesses optimize pricing and sales strategies, improve cash flow, and reduce operating costs. Led by CEO Mark Walker, the company plans to use the new funding to expand its product offerings and accelerate growth. Nue.io is based in San Mateo, California. With the latest round, the company has raised a total of $15M. Nue.io, based in San Francisco, offers an omni-channel RevOps platform designed for modern SaaS companies. The platform enables RevOps teams to manage quotes to orders to renewals to billing while delivering accurate, real-time analytics to Finance. Nue supports direct and self-service commerce, innovative pricing models, and streamlined processes to accelerate sales. Led by Tina Kung and Kate McCullough, the company positions itself to help teams innovate and manage customer revenue lifecycles end-to-end. Nue closed a $6m seed round to further develop its platform and analytics capabilities. The funding is intended to expand its end-to-end revenue lifecycle management and real-time analytics functionality.

Participated · Series D · Oct 2023

Stampli provides an AI-powered accounts payable (AP) automation platform that centralizes AP communications, documentation, and payments around the invoice. Its AI, Billy the Bot, learns an organization’s patterns to simplify GL and costing-related coding, automate approval and verification flows, identify duplicate invoices, and reduce manual data entry. The platform integrates with more than 70 ERPs, including Sage, Oracle, Microsoft, QuickBooks, SAP, Acumatica, and IBM. Beyond AP, Stampli offers an integrated FinTech suite including Stampli Credit Card and Stampli Direct Pay. Launched in 2015 and led by CEO Eyal Feldman, the company serves 1,300 accounts payable automation customers. The company intends to use the new funds to expand operations and broaden its business reach. Stampli offers an invoice-management platform that turns each bill into a communications hub, connecting finance teams with internal stakeholders and vendors. Its system uses machine learning to recognize allocation patterns, manage approval workflows, and extract invoice data. The company historically remained payment‑platform agnostic but launched Direct Pay in early 2020 to offer an integrated payments option. About 20–25% of customers use Direct Pay, which also provides a supplemental revenue stream. Stampli serves roughly 1,000 customers and has managed $20 billion in transactions. With the new funding, the company plans to scale rapidly and aims to double the size of the business in the next year. Stampli provides a collaborative procure-to-pay software suite that automates invoice management. Each invoice becomes a communications hub allowing cross-department collaboration to resolve issues and speed payments. The product uses machine learning to extract invoice data, learn approval workflows and cost-allocation patterns, improving over time for each customer. Stampli is payments-agnostic, letting customers choose their payments provider and retain control of that part of the system. The company charges based on transaction volume and the number of advanced users. As of the article, Stampli processes more than $12 billion in invoices annually, serves over 1,900 businesses and 40,000 users, and has raised $34.7 million in total funding to further its AI capabilities. Stampli is an invoice management platform launched in 2015 by brothers Eyal and Ofer Feldman to improve communication between accountants, internal departments and vendors. Its core product provides a central landing page for each invoice and integrates with ERPs such as NetSuite, Intuit QuickBooks and SAP to enable cross-department collaboration. Stampli's built-in AI, "Billy the Bot," learns invoice structure and user behavior, auto-filling fields once it reaches an 80% confidence threshold and otherwise leaving suggestions. The company targets mid to large-size companies and charges per invoice with no upfront installation fee. To date, Stampli has helped customers manage more than $4 billion in invoices across industries from fashion to tech. It faces competition from platforms like Determine and Concur, and differentiates on collaboration and its pricing model.

Participated · Series C · Oct 2021

Honeycomb is a San Francisco–based provider of an observability platform used by engineering teams to investigate cloud application behavior. Led by CEO Christine Yen, the product helps teams quickly understand what their code does for real users in unpredictable, complex cloud environments. Customers include HelloFresh, Stripe, Slack, Fender, Vanguard, and LaunchDarkly. The company raised $50M in a Series D round, bringing total funding to $150M. Honeycomb intends to use the funds to accelerate geographic expansion, support and contribute to OpenTelemetry, and build a cohesive integration strategy across the software development ecosystem. Kelly Watkins, former VP of Global Marketing at Slack and CEO of Abstract, joined Honeycomb's board of directors as part of the round. Honeycomb provides a software observability platform that helps developers and SREs understand, debug, and optimize production cloud applications and microservices. The platform is used by teams at companies such as Stripe, Slack, Heroku, and LaunchDarkly. Honeycomb ships features like BubbleUp, an analytical engine built on a proprietary datastore that surfaces hidden outliers, and integrates with AWS, Kubernetes, MongoDB, MySQL, and PostgreSQL. Its tooling emphasizes exploratory analysis over aggregate APM metrics to speed investigations and surface where engineers should look for problems. Founded in San Francisco in 2016, Honeycomb positions itself for modern cloud-native architectures and continuous troubleshooting. Financially, the company raised a $50M Series C and had previously raised around $47M; it says the new funding will support expansion into Europe, including building a dedicated European team. Honeycomb is a San Francisco-based provider of cloud observability for distributed systems, led by CEO Christine Yen. Its platform enables modern development teams to learn, debug, and improve production systems so business-critical apps perform with minimal disruption to users. Customers use the product for fast incident response, system optimization, and delivering pain-free releases across the software engineering cycle. The company currently serves more than 300 customers. Honeycomb intends to use the new funds to expand operations and broaden its business reach. The company has raised a total of $46.9m to date. Honeycomb provides observability solutions for modern Engineering and DevOps teams to observe, debug, and improve production systems. The company was co-founded by Charity Majors and Christine Yen in 2016 and is based in San Francisco, CA. Customers include Intercom, Optimizely, Shipt, Meetup, and Fender. Honeycomb closed an $11.4M funding round that brought its total funding to $26.9M. The company intends to use the funds to grow teams across all business functions, particularly sales, marketing, and customer success. As part of the round, Ariel Tseitlin from Scale Venture Partners will join Honeycomb’s Board of Directors. Honeycomb is an observability provider for software engineers based in San Francisco, CA. Co-founded by Charity Majors (CEO) and Christine Yen (CPO), the company enables engineers to create and analyze data about the behavior of their software. Its tooling lets users move from visualizing aggregate trends to pinpointing exact problems such as a stalled shopping cart, a query starving a system, or a problematic user. Customers include Fender, Axios, Intercom and Travis CI. Honeycomb raised an $11.5M Series A, bringing total funding to $15.5M. The company intends to use the funds to expand sales and marketing and deepen R&D activities.

Participated · Series D · Jun 2021

Aircall is a Paris-based cloud phone solution that integrates with CRM platforms to serve small and medium businesses. The company is valued above $1 billion. It has a reinforced partnership with HubSpot to deliver integrated technology and enhanced customer experiences. Aircall plans to develop its mission to build a seamless ecosystem around voice and phone communications. Olivier Pailhes, co-founder and CEO, emphasized continuing the strong relationship with HubSpot and integrating products through a strong and open ecosystem. The company recently received new funding from HubSpot Ventures as part of that partnership. Aircall builds a cloud-based phone system that integrates with CRM and support tools such as Salesforce, HubSpot, Zendesk, Slack and Intercom. The product offers local numbers, IVR directories, call queue management, agent call controls and admin analytics and monitoring. Aircall has capitalized on remote and hybrid work demand: signups increased 65% in 2020 and the company serves 8,500 customers (15% France, 35% U.S., 50% other). With the new funding, the company plans to iterate on product integrations, particularly industry-specific ones, and add features like better transcription and sentiment analysis. The company will open new offices in London and Berlin and add hires in existing offices in New York, Paris, Sydney and Madrid. Aircall also plans to control a larger portion of its tech stack by collaborating with major telecommunications companies to leverage their networks. Aircall provides a cloud-based voice platform that integrates with productivity and helpdesk tools to make phone support easy to manage. The product is used by companies to handle customer support and sales calls and the company serves thousands of new and existing customers. Aircall is led by co-founder and CEO Olivier Pailhès. In May 2020 the company closed a $65M Series C funding round, bringing total funding to over $100M. The company intends to use the funds to continue to expand operations and broaden its business reach. The platform’s integration focus targets teams already using popular productivity and helpdesk tools. Aircall is a provider of cloud-based phone systems and call center software that enables businesses to connect with customers, partners and employees in new ways. Founded in 2014 and led by CEO Olivier Pailhes, the company offers a zero-hardware system with dozens of integration options and the ability to add local numbers in more than 40 countries. Its platform is used by thousands of businesses. The company raised $29M in Series B funding to accelerate the buildout of its cloud phone system and extend integrations across the software tools used by modern businesses. It also plans to hire top talent to expand its teams in the U.S. and Europe. The Series B brings total funding to date to $40.5M, positioning Aircall to scale product development and go-to-market efforts. Aircall offers a cloud phone system that provides virtual phone numbers, multi-agent call management and modern call-center features for support teams. The product includes integrations with services such as Salesforce and Zendesk, mobile apps, improved call quality and team-oriented features like call distribution, recording, queuing and opening-hours controls. The company has expanded its feature set to support larger teams and added customization options such as custom waiting music and call transfer. Aircall reports roughly 2,000 customers and a team of about 30 people, which the company plans to double over the next 12 months. Following the new funding, the company plans U.S. expansion with a new New York office and CEO Olivier Pailhes intends to relocate there. The recent raise is described as confirming the company’s rapid growth rate.

Participated · Seed · Feb 2021

Founded in 2018, Austin-based Routefusion provides a unified network that lets companies embed accounts, payments, currency conversion, and compliance through one API. The platform offers resiliency across multiple providers, real-time customer support, and handles integrations, onboarding, and compliance internally. Its customer base spans payroll and employer-of-record (EOR) services, B2B payments firms, banks, and contractor platforms. With its recent funding, Routefusion’s total capital raised stands at $40.7 million, giving it resources to deepen liquidity and compliance capabilities. The company plans to expand its partner network globally and scale its product, engineering, and go-to-market teams. These initiatives aim to make cross-border payments faster, more reliable, and easier to integrate for enterprise customers.