• Orchestro

  Led · Equity · Dec 2014

  Orchestro provides a proprietary demand orchestration platform used by over 110 global brands to execute omni-channel strategies and to proactively analyze and act on business exceptions. The platform aims to reduce lost sales opportunities, improve revenue, and enhance service levels across channels. Led by CEO PV Boccasam, the company serves mid-tier and emerging-market CPG customers. Orchestro plans to use new capital to expand sales and marketing efforts and grow its presence within those market segments. The product emphasis is on analytics and orchestration to help brands align demand signals with execution across channels.

• SolidFire

  Participated · Series D · Oct 2014

  SolidFire, based in Boulder, CO, offers all-flash storage systems engineered to meet modern data-center demands by guaranteeing performance for thousands of applications on a shared platform. The company’s architecture is designed to scale and maintain predictable performance, positioning it as a high-performance alternative to traditional disk or hybrid arrays. SolidFire sells primarily through a global reseller network spanning Asia-Pacific, Europe, the Middle East, Africa, and North America. Led by founder and CEO Dave Wright, the firm employs more than 250 people worldwide. With its latest funding, SolidFire plans to broaden its international presence and continue advancing its all-flash storage technology. To date, the company has raised $150 million in total capital.

• WealthEngine

  Participated · Series B · May 2014

  WealthEngine is a Bethesda, Maryland-based provider of predictive marketing, analytics and audience development services. Led by CEO PV Bocassam, the company offers a cloud-based prospect engagement platform that includes WE Profiles for 250M U.S. adults, enriched with demographics, lifestyle and affinity, charitable and political giving history, real-estate and other wealth signals. It serves more than 3,000 organizations across financial services, higher education, healthcare systems, advocacy, and high-end hospitality to help target, segment and engage customers and donors. Investors in the company include Novak Biddle Venture Partners, Signatures Capital and Streamlined Ventures. In May 2019 the company received $6.5M in credit financing from CIBC Innovation Banking. WealthEngine intends to use the funds to continue expanding its offering of innovative analytics tools. WealthEngine is a Bethesda, Maryland-based provider of marketing intelligence and real-time prospecting solutions. It offers data, analytics and marketing services to nonprofit, luxury goods, retail, and financial organizations to deepen understanding of customers' or prospects' wealth, lifestyle and spending behavior. The company serves more than four thousand clients across the United States and the United Kingdom. WealthEngine is led by CEO Tony Glowacki. The company recently acquired BrightContext, a provider of massively scalable streaming data analytics. In May 2014 FinSMEs reported WealthEngine raised a $7m Series B venture round; the article notes no additional financial terms were disclosed. WealthEngine is a Bethesda, MD–based firm that provides sophisticated wealth identification, prospect research, and analytics to nonprofit organizations, financial services firms, hospitals, and institutions of higher education. The company offers products in both the United States and the United Kingdom. WealthEngine secured $5m in Series A financing from Novak Biddle Venture Partners and QED Investors. The funding is intended to accelerate product development, enhance its service offering, and expand marketing and geographic reach. As part of the round Novak Biddle partners Jack Biddle and Janet Yang will join the company’s board and QED partner Frank Rotman will also join the board. QED managing partner and Capital One co-founder Nigel Morris will serve as an advisor.

• UniversityNow

  Participated · Series C · Sep 2013

  UniversityNow is a social venture that operates two online, accredited universities—Patten University and New Charter University—providing flexible degree programs for working adults. Its platform emphasizes individualized instruction, self-paced learning, and collaborative technologies designed to facilitate student-to-instructor and peer-to-peer support customized to each student's needs. Founded in 2010 and based in San Francisco, the company serves adult learners seeking flexible post-secondary credentials. The reported Series C brought the company's total venture capital to $42M. UniversityNow plans to expand enrollment and launch additional degree programs in the coming months. It intends to use the funds to expand operations, add new features to its learning platform, and announce partnerships with employers and civic organizations. The company was hiring at the time of the report. UniversityNow operates a network of low-cost, accredited private universities that leverage an adaptive, competency-based online learning platform. It launched New Charter University in March as an affordable institution with tuition priced at $796 per term (or $199 per month) and courses and its technology platform available for free to prospective students. The company’s model lets students advance based on demonstrated mastery rather than seat time, enabling self-paced degree completion. UniversityNow plans to expand program offerings at New Charter University, grow its network of partner schools, and scale operations to serve more students. Financially, the company recently closed a $17.3 million Series B and has raised $21.5 million to date. New Charter University also received a $300,000 NGLC grant recognizing its breakthrough model for college completion.

• Parchment

  Participated · Series D · Oct 2012

  Parchment digitizes offline academic credentials and transcripts and offers analytics to students and institutions. The platform enables sharing of academic and other credentials online and provides tools that can inform a student’s likelihood of admission. The company plans to expand beyond academia to support more types of certifications and training across businesses and enterprises. New product development aims to harness user data for more advanced guidance to improve admissions outcomes. Parchment has been in operation since 2003 and is led by Matthew Pittinsky, who joined in 2011. The platform reported a 90% increase in registered consumer users in 2014, growing from 800,000 to just under 1.6 million. The company has raised $45 million in investment to date. Parchment provides schools, postsecondary institutions and corporate organizations with a cloud-based e-Transcript exchange that lets people collect, promote and share education credentials. The company operates Parchment.com, where learners can create credential accounts, store and send transcripts, and access data-driven apps. It offers Docufide and Avow platforms as part of its product suite. Parchment plans to use new funding to conduct R&D on Docufide and Avow, improve the learner credential account experience, and expand sales and marketing. Founded in 2003 and led by CEO Matthew Pittinsky, Ph.D., the company serves education and corporate customers. Parchment is based in Scottsdale, Ariz., and also has offices in Roseville, Calif., Denver and Washington, D.C. Parchment operates Docufide, a platform that helps transfer high school transcripts to colleges and universities. The company rebranded from Docufide to Parchment and relocated its corporate headquarters to Scottsdale, Arizona while maintaining offices in Los Angeles. The move to Scottsdale was tied to the hiring of former Blackboard founder Michael Pittinsky as CEO. The article reports a recent $6M funding round; no revenue or user metrics were disclosed. Earlier financing had come from Los Angeles angel investors, including the Pasadena Angels and Tech Coast Angels, though their participation in the new round is unclear. Founded in 2003, Docufide is a Software-as-a-Service platform that enables electronic delivery, management, and analysis of a range of education records and transcripts. Its services have been used by more than 7,000 high schools, colleges and universities to exchange millions of transcripts and other student records, and the company has been selected by 11 states to provide infrastructure for electronic exchange initiatives. Revenues have tripled over the last two years, and the company says it sees significant growth potential as it expands operations. Docufide recently moved its headquarters from Los Angeles to Scottsdale, Arizona, and appointed ASU assistant professor Matthew L. Pittinsky as CEO. The company plans to create roughly 20 Arizona jobs in the coming months and will maintain office space at SkySong, the ASU Scottsdale Innovation Center.

No current team members are available.