Participated · Series A · Mar 2022

Vivante Health provides virtual gastrointestinal care through its GIThrive platform, pairing data-driven technology with a coordinated team of physicians, registered dietitians and health coaches. The platform offers food and symptom logging, online educational resources, 24/7 access to dietitians, health coaches and nurses, and a nationwide network of internists and gastroenterologists for diagnosis, lab orders and prescriptions. Recent GIThrive enhancements add AI-driven personalized care plans that dynamically adjust to symptoms and other variables, helping bridge virtual and real-world care. The company plans to use the Series B proceeds to fund technology upgrades designed to predict the onset and progression of GI conditions and to expand its commercial and client support teams. Vivante will also invest in onboarding support for new employers, health plans and channel partners. The company is led by CEO Bill Snyder and is headquartered in Chicago, IL. Vivante Health offers an all-in-one gut health program, GIThrive, that combines technology, advanced science, and on-demand human support to improve digestive health and lower cost of care. Led by CEO Bill Snyder, the company delivers a digital solution for digestive health and disease. Vivante has partnerships with employer healthcare platforms such as Virgin Pulse and Accolade and serves clients including US Foods, Bucknell University, and Marpai. Since the beginning of 2021 the company grew its client base by 400% through the addition of key Fortune 500 clients. The company intends to use the Series A proceeds to expand operations and broaden its business reach. Vivante Health offers GIThrive, a digital digestive-health program combining at-home microbiome testing, a breath-based food-sensitivity monitor, 24/7 access to a gastrointestinal care team and additional self-management tools. The company positions GIThrive as a chronic-disease management tool tuned to individuals with gastrointestinal discomfort and illness. CEO and founder Dr. Kimon Angelides previously helped found EosHealth (later Livongo). Vivante maintains offices in Houston, Nashville, Chicago and Athens, Greece. The company has pursued selling GIThrive to health plans and employers and says the new funds will accelerate efforts to provide relief to thousands of Americans with chronic GI symptoms. The microbiome/gut wellness space includes competitors such as DayTwo and Bold Health, and the industry has been shadowed by the downfall of former frontrunner uBiome. Vivante Health offers a gut health management program called GIThrive that combines personalized nutrition plans, daily health challenges, "Med-ucation" to encourage prescription adherence, and on-demand care for symptom flares with 24/7 Gut-Side Assistance™. The platform pairs data science with access to digestive health experts to help individuals manage conditions. Dr. Kimon Angelides is the founder and CEO. The company announced a minority investment from NFP Ventures; the amount was not disclosed. No operating metrics or additional financial details were provided in the article. The company is headquartered in Houston, Texas.

Participated · Series A · Aug 2021

TrustLayer provides an AI-powered collaborative risk management platform that digitizes manual, paper-based insurance verification using robotic process automation (RPA) and AI. Its system automates verification of insurance and licenses for vendors, suppliers, borrowers and tenants. The solution serves supplier-driven sectors such as construction, banking, property management, and sports entertainment. TrustLayer is based in San Francisco, CA and is led by CEO John Fohr. The company intends to use the funds to expand operations and hire across sales, marketing, and engineering, and to develop a live digital proof of coverage solution and integrations with insurance carrier systems of record. It has piloted integrations with major carriers such as Liberty Mutual and Nationwide. TrustLayer builds an RPA-powered SaaS platform that automates verification of insurance, licenses, and compliance documents for vendors, subcontractors, suppliers, borrowers, tenants, ridesharing drivers and franchisees. It sells its software through insurance brokers or directly to companies and has traction in construction, property management, sports and hospitality. The company aims to partner with dozens of large brokers and carriers to create a digital, real-time proof-of-insurance solution across industries. TrustLayer will use new capital to hire sales, marketing and engineering staff and to team up with The Institutes RiskStream Collaborative and carriers to build out its digital proof-of-insurance offering. The startup says its platform reduces manual friction and helps address insurance fraud, and the seed round was heavily oversubscribed. It raised $6.6 million in a seed round backed by both venture investors and strategic insurance-industry participants.

Participated · Series A · Jun 2021

Harness Wealth is a digital platform focused on financial, tax, and estate planning that connects clients with a roster of vetted advisors and advisory firms. Its product suite includes Harness for Advisors, which bundles advanced software, an in-house concierge team, practice-management tools, lead generation, and a professional community to streamline tax advisory practices. Clients access personalized tax and financial advice through a user-friendly portal with document sharing, payments, onboarding, and access to pre-vetted estate and financial advisors. The company says it has onboarded thousands of clients onto its new portal and expects that figure to triple this year. Harness targets the $10B+ tax advisory market and the $50B+ financial advisor segments, and monetizes via fees from both advisors and clients for software and services. After the recent raise, the company is focused on product enhancements and building insights around tax data while describing itself as well-capitalized. Harness Wealth is a New York–based startup that offers a platform bringing family-office–style services to individuals with complex financial pictures. It matches clients with independent registered investment advisors and connects them to teams across verticals — tax, estate and investment planning — to replicate the multidisciplinary access of a family office. Harness charges an ongoing revenue share, collecting part of the fees advisers on its platform charge to align incentives with long-term client success. The company employs 22 people and is not yet profitable. Part of its new capital will be used to build a captive tax business, Harness Tax, to address time-sensitive tax planning around IPOs, SPACs, remote work and cryptocurrencies. Founders David Snider and Katie Prentke English drew on experience at Bain, Compass and Nutmeg and have grown a customer base that includes employees of Coinbase, UiPath, PayPal, Snowflake, DoorDash, Amazon and partners at venture firms. Harness Wealth offers a hybrid digital-human platform that builds personalized balance sheets and matches clients to a curated set of top tax, financial, and legal advisors via proprietary technology and comprehensive needs assessments. The company targets accomplished individuals with $250K–$10M in investable assets and cites a U.S. addressable market of 20M households that spend $80B annually on financial, tax and legal professional services. Its adviser diligence process collects 40+ attributes per advisor and 100+ attributes per firm to ensure tailored recommendations. The business model takes a minority percentage of an adviser’s standard fee for referred clients. Harness Wealth is developing additional client tools and technology to enhance the digital experience and is working to onboard users from its waitlist. Financially, the company recently closed a $4M Seed round to support product and growth initiatives.

Participated · Series A · May 2020

Wellth combines daily motivation, behavioral economics, and financial incentives to drive measurable behavior change for patients, encouraging actions like medication taking, blood pressure and glucose checks, and preventive visits. Its app delivers social‑media–like daily engagement designed to reach historically hard‑to‑reach Medicare Advantage, Medicaid, and D‑SNP populations. To date members have completed over 50 million daily check‑ins, achieving an average 90% care‑plan adherence, a 51% reduction in inpatient admissions, and a 16% improvement in medication adherence (PDC); the platform has helped partners attain 4+ Star ratings on Medicare Part C and D measures and reduce avoidable costs. Wellth will use new funding to broaden access across high‑need populations, accelerate product innovation and partner growth, and introduce generative AI capabilities to personalize motivation and care journeys. The company emphasizes a decade plus of behavioral data and outcomes as the basis for scaling its Daily Care Motivation approach. Wellth is based in Los Angeles and has been operating for 11 years. Wellth is a digital health company that applies behavioral economics and machine learning to drive daily health behaviors via a mobile app. Users perform simple daily tasks—such as snapping photos of medications or glucose readings—to form habits and increase adherence. The platform reports 91% daily member engagement and outcomes including a 42% average reduction in inpatient utilization, a 29% reduction in ED utilization, and a 16% improvement in medication adherence. Wellth's customers include health plans and provider organizations, and clients have measured cost savings and improved Medicare Advantage Star ratings. Founded in 2014 and headquartered in Los Angeles, the company has achieved impressive annual growth. The new capital will be used to further invest in the behavioral science engine behind the app and to expand the team to support a growing member base. Wellth provides a platform that uses behavioral economics, financial incentives and nudges to improve patient treatment adherence. Members submit scheduled virtual check-ins—typically daily—such as photos of medication or readings from glucometers and blood pressure cuffs. Check-ins are processed immediately by Wellth’s AI technology for verification, and insights can be relayed directly to care teams. Members keep an endowed daily amount and “cash out” at milestone intervals, creating instant gratification and reinforcing healthy habits. Led by CEO and co-founder Matthew Loper, the company plans to use new capital to expand its platform to new use cases. Wellth is based in New York City and recently raised a new funding round to support growth. Wellth is a Brooklyn-based behavioral economics startup that works with insurers and risk-bearing providers to motivate patient behavior change and treatment adherence. Its core product is a mobile patient experience that delivers daily contextual and personalized nudges and quick 'check-ins' for daily medications, using financial incentives and behavioral economics strategies. The company focuses on costly chronic diseases where poor adherence drives preventable hospitalizations and readmissions, including Type 2 Diabetes, Congestive Heart Failure, Cardiovascular Disease, COPD, Asthma and Behavioral Health. Wellth is led by CEO and co-founder Matt Loper. The company recently raised $5.1M in a Series A round to continue expanding its team and platform. It aims to help payers and providers better understand and improve patient behaviors to reduce costs associated with chronic disease management. Wellth is a digital health startup whose app tracks medication adherence, records weight, and uses incentives to motivate healthier lifestyle changes. CEO and co-founder Matt Loper said the company will use new funding to enable full-scale commercial implementations. Wellth has planned launches over the next six months and intends to generate data on interventions in type 2 diabetes, congestive heart failure, and post–heart attack discharge. The company’s near-term goal is to execute those implementations and publish data on impacts to adherence, health outcomes, and healthcare costs. Customers are insurers and risk-bearing providers, particularly in commercial and managed Medicaid markets, and Wellth typically charges on a per-user basis. The company says its actuarial model projects 4x+ returns after accounting for incentive payouts and Wellth fees.

Participated · Series B · Nov 2019

DataCubes offers the d3 Underwriting™ software platform, which applies machine learning and artificial intelligence to analyze semi-structured insurance submissions and over four billion objects in its data lake. The platform is designed to optimize underwriting workflow processes for SMB and middle-market risks across standard commercial and specialty lines. The company said it will use new funding for research and development and to expand its team, targeting the addition of 50 employees in 2020. Customers named in the article include The Hanover, Selective Insurance, RLI, Columbia Insurance Group, Penn National Insurance, Tangram, WCF Insurance and Synergy Coverage Solutions. DataCubes was founded in 2016 and is based in Schaumburg, Illinois. It closed a $15.2M Series B to support those growth initiatives. DataCubes offers the D3 data science platform that leverages machine learning and AI to analyze sources such as unstructured text and images to generate underwriting insights. The platform enables carriers to accurately quote commercial insurance policies by asking customers a few questions and by scoring external data to prioritize applications. D3 eliminates paperwork and automates underwriting while providing a holistic view of risk through analysis of internal and external data. The company is led by Kuldeep Malik (CEO and co-founder) and Harish Neelamana (Chief Product Officer). DataCubes completed a $2.5M Series A financing to support its growth. It intends to use the funds to extend platform capabilities to additional lines of business and to scale sales and marketing efforts.