
OnDeck
1400 Broadway, New York, NY, 10018, United States
Overview
Ondeck is a technology-enabled financial platform that provides loan financing to small and medium-sized businesses. The company uses proprietary software to aggregate data about a business’ operations which is processed by an algorithm that determines loan eligibility. OnDeck was founded in 2006 and is based in New York City, United States.
- Total investments
- 8
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Credit
- Finance
- Financial Services
- FinTech
- Small and Medium Businesses
Investment portfolio
- Induced AI
Participated · Seed · Oct 2023
Induced AI provides a platform that converts plain-English workflow descriptions into real-time pseudo-code and spins up Chromium-based browser instances that read on-screen content and control websites like a human. Its purpose-built browser environment on top of Chromium includes memory, a file system, and authentication credentials to handle complex flows such as two-factor authentication, SMS autofill, file downloads, and stateful interactions. The system eliminates manual HTML tagging by discerning needed information from English instructions and can run multiple tasks simultaneously while allowing bi-directional human involvement in workflows. The company was founded this year by Aryan Sharma and Ayush Pathak and currently has five members. Induced AI has signed a few small- to mid-sized customers, including a sales firm using the product for employee onboarding, and is working on many new use cases. The company raised $2.3 million in a seed funding round.
- Crstl
Participated · Seed · Feb 2023
Crstl provides an AI-native platform that simplifies retail EDI compliance and integrations to power modern B2B commerce for brands, retailers, manufacturers, wholesalers, and 3PLs. The product automates mission-critical workflows, integrates critical systems via a proprietary data schema and API, and connects to order management systems, WMS, IMS, ERPs and 3PLs. Crstl positions itself to enable omnichannel expansion by helping businesses scale from direct-to-consumer into wholesale, marketplaces, and retail channels. The company serves SMB, mid-market, and enterprise customers globally, including in the U.S., Canada, and Australia. Management says the new capital will accelerate expansion of its AI-native solutions and continuous feature launches with deeper native integrations. The platform is intended to drive operational efficiency, supply chain compliance, and scalable B2B connectivity. Crstl offers an AI-driven network of trading partners and integrations and a no-code EDI workflow that lets brands quickly connect and begin transacting with retailers, distributors and marketplaces. The platform provides transparent pricing and handles compliance, testing and certification, including generating compliant shipping labels and packing slips. Crstl targets smaller brands without developer resources, positioning itself alongside EDI players like Logicbroker and no-code e‑commerce enablers such as Popup and Rebuy. The company is making a national launch and is focused on further commercialization and hiring. Since launch it has been working with over 50 companies and has enabled 50,000 B2B shipments accounting for millions of dollars between brands and large retailers including Walmart, Target, Whole Foods and CVS. Founder Dipti Desai, who previously built data platforms at Uber, started Crstl to help direct-to-consumer brands expand into retail and wholesale channels.
- Opaper
Participated · Seed · Mar 2022
Opaper provides a mobile-first platform that lets social commerce sellers create an online store link to take orders, payments and offer shipping options without back-and-forth messaging. The product integrates with 13 shipping carriers and supports e-wallets and bank transfers to simplify checkout for buyers. It targets small vendors, often one- or two-person businesses with roughly $2,000–$5,000 USD gross merchandise value, many of which are in food and beverage. Opaper lets sellers capture customer data for re-engagement and retargeting, and plans to build additional supply chain and inventory management tools to support pre-order workflows. The company launched an MVP, onboarded users, and within four months reached almost 19,000 sellers across 100 cities. Opaper also assembled a fully remote team of 27 people in under a year.
- MyPlace
Participated · Seed · Mar 2022
MyPlace is a social network for sharing private homes with friends and friends-of-friends, founded in 2019 by Zach Bell and Rameet Chawla and based in New York. The platform requires invitation by a friend and supports private groups and friend-network onboarding to keep sharing within trusted circles. It has a running beta community of over 3,000 members, a waitlist of over 7,500 people, and is used by thousands across 86 countries. In 2021 the company saw organic user growth of 40% month over month and a 50% increase in trips each month; 30% of stays that year were free. Across paid stays, MyPlace recorded $2.5 million worth of transactions between members last year. The company plans to use the new funding to bring the product out of beta and launch an iOS app in the summer ahead of the travel season.
- Dawn Health
Participated · Seed · Feb 2022
Dawn Health packages cognitive behavioral therapy for insomnia (CBT‑I) into a mobile app that pairs users with trained sleep coaches, offers chat support, personalized daily lesson plans, and integrates sleep tracking. The app is priced at $60 per month and the company reports it has treated more than 100 patients to date. Early program data cited by the founders show about 80% of participants stopped relying on medication, alcohol, or marijuana to sleep. Dawn Health was founded in mid‑2020 by Rahul Shivkumar, Andreas Meistad, and Varun Krishnamurthy; the founders combine product/engineering and clinical CBT expertise. The company has an iOS app and is focused on building clinical evidence from research studies to support broader adoption as a standard of care. Growth plans include expanding the team and rolling out new products as it competes alongside wearables and sleep‑tech players in a market projected to reach $137 billion by 2026.