• Phi Commerce Pvt Ltd

  Participated · Series A · Dec 2023

  Phi Commerce is a payments technology company founded in 2015 that operates as a payment aggregator and sells a payments tech stack to partners and institutions. The company pursues a strategic-partnership-driven global expansion model, partnering with local institutions for market access and regulatory licences rather than building acquiring operations itself. It entered a strategic partnership with Digital Garage’s payments arm, DG Financial Technology, following a $5 million investment, and has previously raised $6 million from Beenext Ventures; total funding stands at $24 million. Phi’s stated initial international focus is the Asia-Pacific region, with Southeast Asia and Japan cited as priority markets and talks underway for partnerships in the GCC. Financially, Phi Commerce reported operating revenue of Rs 103.9 crore in FY25 (up from Rs 81.7 crore in FY24) and a net loss of Rs 16 crore in FY25 (down from Rs 29 crore in FY24).

• Defendify

  Participated · Equity · Aug 2022

  Defendify delivers multiple layers of cybersecurity protection designed to continuously strengthen security across people, process, and technology. Its platform consolidates assessments, testing, policies, training, detection, and response into a single cost-effective solution. The company serves scaling organizations and has added thousands of customers across more than 60 countries. Despite the pandemic, Defendify has continued strong growth and has doubled its team size. Recent strategic additions include former Oracle CIO Mark Sunday as senior advisor, Emily Carville as CMO, and John Mayfield as director of sales. The company intends to use the new funding to accelerate go-to-market strategies, product development, and team expansion. Defendify is a Portland, Maine-based developer of a SaaS cybersecurity platform serving small businesses and channel partners. Its platform provides multiple layers of ongoing protection to continuously improve customers' security posture. The company closed a $2M seed funding round led by existing investor 3dot6 Ventures with participation from York IE, Maine Technology Institute (MTI), Maine Venture Fund (MVF), FreshTracks Capital and Wasabi Ventures. Defendify intends to use the funds to expand its core product, invest in sales and marketing, and make strategic hires. In the last 18 months the company has raised a total of $3.6M, added thousands of users and doubled its employee count. Defendify was co-founded by Andrew Rinaldi and Rob Simopoulos. Defendify provides a SaaS-delivered cybersecurity platform tailored for small businesses. It partners with channel resellers to offer a holistic, multi-layered solution that continuously improves security posture against evolving threats. The platform features multiple layers of ongoing protection and is designed to scale as small businesses grow. Co-founded by Andrew Rinaldi and Rob Simopoulos and based in Portland, Maine, the company sells through channel partners. Defendify raised $1.6M in pre-seed funding and plans to use proceeds to expand its core product and increase partner acquisition. Backers include Maine Technology Institute and 3dot6 Ventures.

• Pumpspotting

  Participated · Seed · Aug 2021

  pumpspotting offers a tech-enabled, community-centric lactation program that helps organizations implement comprehensive baby-feeding support and compliance with federal, state, and city laws. The platform is delivered as an employee benefit and as a commercial solution for guests, customers, fans, patients, and visitors. pumpspotting has served more than 70,000 parents since its founding, and the product emphasizes continuous community support and expert guidance for feeding journeys at work, home, and on-the-go. The company has expanded beyond workplace programs into retail and community partnerships and is launching pumpspotting Healthcare to serve health-care environments. pumpspotting positions its offering as a way for employers to attract, retain, and support parents while meeting new legal requirements such as the PUMP Act and the Pregnant Workers Fairness Act. Customers and partners cited in the article include DraftKings, Consigli Construction, Ally Logistics, the Portland Sea Dogs, and the Waukesha County Breastfeeding Coalition. pumpspotting provides software and services that support nursing, pumping, and breastfeeding parents, offering access to feeding experts, evidence-based content, and personalized encouragement. Its platform creates safe places to nurse and pump worldwide and connects a virtual community of parents 24×7. The company’s solutions are deployed by employers, retailers, universities and other partners. pumpspotting has supported a virtual community of more than 40,000 baby-feeding parents. The company raised $1.15M in seed funding and intends to use the proceeds to accelerate growth in the B2B channel. pumpspotting was founded in 2015 by CEO Amy VanHaren and is based in Kittery, Maine.

No current team members are available.