• Agilence

  Participated · Equity · Mar 2015

  Agilence develops the 20/20 Data Analytics™ Platform, a cloud-based reporting solution that provides retail and restaurant organizations with a complete view of their business. The platform integrates POS, ERP, supply chain, promotion planning, and loyalty management data to enable analyses from global “what if” queries down to single-location anomaly detection. Users across ranks — from store managers to CFOs and CEOs — run role-relevant reports to increase sales and eliminate losses. Founded in 2006 and led by president and CEO Russ Hawkins, Agilence positions itself as an industry leader in data analytics and reporting for retail and restaurant organizations. The company received debt financing from Accel-KKR Credit Partners and intends to use the funds to accelerate growth. The amount of the financing was not disclosed. Agilence develops the 20/20 Data Analytics™ platform to deliver cloud-based reporting and insights for retailers, restaurants, and pharmacies. The platform includes industry-specific products—20/20 Retail™, 20/20 F&B™, and 20/20 Rx™—that evaluate performance across the sales cycle and support compliance. Agilence serves more than 118 brands and covers over 35,000 stores, with customers such as Rite Aid, L Brands, Panera Bread, and BJ's Wholesale Club. Its analytics are used to identify patterns in point-of-sale data to increase efficiency, improve margins, and reduce losses. The company says the new capital will be used to further develop its reporting solution and expand its product offering. Agilence is headquartered in Mount Laurel, New Jersey. Agilence develops 20/20 Data Analytics™, a family of cloud-based reporting solutions that provide organizations with a view of their business to make informed decisions, increase efficiency and improve profit margins. The company's product is aimed at retail and food & beverage organizations and has been implemented by over 50 such organizations in the U.S. over the last 18 months. Agilence is led by President & CEO Russ Hawkins. The firm plans to use new funding to enhance product development, improve sales and marketing, and expand its support team. Management intends to use the capital to drive further growth in the retail sector and expand into additional food & beverage markets. The article reports a $6m financing to support these initiatives. Agilence provides SaaS exception-based reporting solutions aimed at retail loss prevention and operations, offering a cloud-based product called Retail 20/20 that surfaces daily-store operational issues. Retail 20/20, launched in 2013, is designed to give visibility into store operations to reduce fraud and operational inefficiencies. The company was founded in 2006 by CEO Russ Hawkins and is based in Mount Laurel, NJ. As of the article, the application had been adopted by 35 retailers, with 20 of those joining in 2014. Agilence intends to use newly raised funds to continue growing operations, add new features and functionality, and expand its sales, software development and support teams. The company’s immediate plans focus on product development and hiring to support broader customer adoption. Agilence, Inc. is a Camden, N.J.-based developer of intelligent loss prevention solutions for retailers. Its platform enables retailers to identify point-of-sale losses caused by operational errors, promotion execution issues, systemic errors, and associate fraud. The company says these sources of loss directly impact organizational profitability. Agilence secured funding to support continued product development and go-to-market efforts. The article reports the company raised equity financing to accelerate product development, sales, and marketing.

• Sidecar

  Participated · Equity · Jun 2014

  Sidecar Interactive is a Center City–based marketing technology firm led by CEO Andre Golsorkhi. The company plans to use the $7.5M follow-on round to invest in engineering staff to expand its core product and to boost hiring across the organization. Sidecar has almost doubled its headcount in the past year, according to Golsorkhi. Including this Series C1 follow-on, the company has raised a total of $33.5 million in venture capital. The recent funding follows an $11 million Series C in May 2017. The round was made up of existing investors including Harbert Growth Partners, Osage Venture Partners, Ascent Venture Partners, Robin Hood Ventures and Ben Franklin Technology Partners of Southeastern Pennsylvania (the latter invested via the GO Philly Fund). Sidecar is a Philadelphia-based provider of a SaaS e-commerce marketing platform that leverages advanced machine learning and deep data science to optimize shopping campaigns on Google, Facebook, and Bing. The company’s platform helps retailers run and optimize cross-channel shopping campaigns. Customers include Moosejaw and Vermont Teddy Bear. Led by founder and CEO Andre Golsorkhi, Sidecar focuses on enhancing its machine learning technology and scaling its team. The company said it will use the new funding to accelerate product development and hire additional staff. No revenue or user metrics were disclosed in the article. Sidecar develops e-commerce marketing technology that uses machine learning to connect consumers to relevant retail products across paid marketing channels where consumers shop. The platform programmatically links retailers' inventory to the most relevant consumers and is used by brands such as NewEgg, Nuts.com, GNC and Choxi. Andre Golsorkhi is the company's founder and CEO. The company says it will use new funding to further develop technologies that optimize product advertising channels. It also plans to increase its sales and marketing efforts to expand adoption. The article reports the company completed a Series B financing round to support these initiatives. Sidecar is a Philadelphia, PA–based startup that provides a big-data marketing platform for e-commerce companies. Led by CEO and founder Andre Golsorkhi, the company automates data-driven decisions by combining website, catalog, consumer and competitive data. Its platform delivers programmatic marketing across paid search, comparison-shopping engines, product listing ads, onsite product recommendations, and email retargeting. The technology is used by large online retailers, including several Top 100 Internet Retailers such as Newegg, Fanatics, RueLaLa and nomorerack. Sidecar maintains a secondary office in New York, NY. In June 2014 Sidecar raised $3.1M in funding. Sidecar is an online marketing platform that does business as Sidecar while remaining incorporated as Snipi. The company is led by Andre Golsorkhi and underwent a pivot and name change in 2011. In August 2011 it raised a $2.5 million round led by Innovation Ventures following that pivot. Last November it received $110,000 from Benjamin Franklin Technology Partners, marking BFTP's second investment in the company. An SEC filing shows Sidecar most recently raised $1.5 million from investors including Robin Hood Ventures, NextStage Capital and Wilmington, Del.-based Innovation Ventures. Karen Griffith Gryga of DreamIt Ventures and David Freschman of Innovation Ventures sit on Sidecar's board.

• Lumesis

  Participated · Series A · Feb 2012

  Lumesis provides data, visualization and analytics tailored to the municipal fixed‑income marketplace. Its flagship product, DIVER (Demographic Information Visualization for Economic Research), aggregates more than 130 data sets from over 30 sources and offers interactive web-based visualization, analytics and notification tools. The company also offers a Continuing Disclosure Management (CDM) service to monitor filings and data updates. Safeguard describes Lumesis as an "initial revenue stage" company and the business has secured external capital to support growth. Proceeds from the recent financing will be used for product development and commercialization, as well as sales and marketing. Clients include credit analysts, portfolio managers, RIAs, issuers and underwriters who use Lumesis to evaluate portfolios or individual CUSIPs against demographic and economic indicators.

• Resto-in

  Led · Equity · Feb 2010

  Resto'in operates an online platform that centralizes restaurant menus, orders and payments for restaurant-quality food delivery. The company handles pickup and drop-off of orders within 45 minutes of purchase. Founded in 2006 by Clément Benoît and Pilar Granell, it works with a network of over 150 restaurants in Paris and Lyon. Resto'in reported over €5 million in revenue in 2009. The company is preparing to expand internationally and has acquired Belgian competitor Resto Presto. It plans to compete with French market leader Alloresto.

• Magnify.net

  Participated · Series A · Feb 2008

  Magnify offers publishers tools to curate videos using editorial controls (tagging, ordering, profiling) and to aggregate and host content pulled from sources like YouTube. The product emphasizes human editorial control combined with algorithmic automation and can integrate with existing video platforms such as Brightcove. The company shifted from enterprise-only customers to serve any content publisher and counts customers including New York Magazine, Vibe.com, USAFootball.com, the Lincoln Center, and TEDx. Magnify averaged about 7 million video views per month across its customers and expects to be profitable by the second quarter. The startup will use the new funding to invest in its technical team and sales efforts. Rosenbaum founded the company in 2006 and the business has pivoted twice since its founding. Magnify.net is a video sharing site that lets users collect and share videos from across the web as well as upload their own. The platform aggregates videos and aims to help publishers monetize niche video content through its Ad Share ad network. The company is just over a year old and is based in New York. It claims over three million visitors a month and more than 30,000 content publishers. Magnify.net raised $1 million to fund continued growth, specifically to expand customer acquisition efforts and increase staffing for Ad Share. During the writer’s strike the company reported a 70 percent increase in weekly site videos, which it cited as a sign of growing online viewing demand. Magnify.net builds embeddable, publisher-controlled video channels that aggregate videos from sites like YouTube, Revver, and Yahoo Videos. Publishers can add channels to their sites and allow readers to submit videos directly, via search, or by pasting video URLs. Submitted videos require either admin approval or at least three reviewers and a minimum 5/10 average rating before joining the collection; approved videos can be rated, commented on, tagged, and shared. The platform provides RSS feeds, playlists, widgets and other integration features to keep readers updated and increase engagement. The site is in beta and the article notes usability and performance issues, including slow performance. Magnify.net has raised $1.2 million in seed financing from New York Angels and NextStage Capital and reports 3,500 channels created to date; founders include Steve Rosenbaum, Simon Cavalletto, and Scott Milener.

No current team members are available.