Participated · Debt Financing · Dec 2023

Machinery Partner operates a B2B marketplace that enables manufacturers and dealers to sell heavy industrial equipment online, offering integrated procurement, financing, and service. The company is already selling in 35 U.S. states and plans to expand operations across the country and internationally. Its model targets construction, agriculture, and recycling companies and aims to deliver double-digit savings on critical equipment. Machinery Partner highlights equipment such as rock crushers, screeners, and shredders and positions itself to make high-cost, service-intensive machinery accessible to small and medium sized businesses. Headquartered in Boston, the company says the funding will help expand factory partnerships, increase equipment availability, and support broader market growth. The raise is presented as a step to disrupt the $580 billion global heavy equipment industry and support local infrastructure development. Machinery Partner offers an integrated model that combines procurement, financing and after-sale service to help small and medium-sized businesses acquire and operate heavy equipment. The company was founded in Ireland by CEO Ciaran Gillen and later relocated to Boston, MA. Its platform aims to democratize access to high-quality heavy machinery so customers can start or scale their businesses. In August 2021 Machinery Partner raised $4.5M in seed funding to support its growth. The company said it will use the funds to accelerate sales and to advance technology development. No operating metrics were disclosed in the article.

Participated · Debt Financing · May 2023

Bloomfilter, based in Cleveland, OH, provides a process intelligence platform for software development that measures and improves the software development lifecycle. The platform helps organizations develop a shared understanding of what the product team is building, when it will be delivered, and how much it costs. Its patent-pending process mining and predictive algorithms help teams identify problems in the development process and objectively predict project outcomes. Led by Co-CEOs Andrew Wolfe and Erik Severinghaus, the company recently moved the platform from beta to general availability. Bloomfilter intends to use new capital to accelerate product development, customer success, and go-to-market activities. No operating metrics were disclosed in the article.

Participated · Series B · Apr 2022

VideoVerse builds a next-generation video editing ecosystem and offers a SaaS platform that leverages AI models, computer vision, and machine learning to convert full-length footage into short-form content and highlights in real time. Its flagship product, Magnifi, streamlines labor-, time-, and cost-intensive post-production processes through cloud-based AI-driven analysis. VideoVerse empowers hundreds of sports leagues, news and entertainment broadcasters, and streaming platforms to quickly curate, edit, and distribute short-form content and highlights. The company will use the $45 million in funding to expand globally and drive innovation in media technology. The article describes VideoVerse as New York-based and also lists headquarters in California, USA, and Mumbai, India. Customers include top-tier sports leagues and teams, broadcast networks, and content producers. VideoVerse is a cloud-native video-editing SaaS platform that leverages AI and machine learning to automate post-production, generate instant highlights and produce short-form and live-stream content. Its flagship AI product Magnifi provides real-time video highlight technology, while Styck enables one-click multi-platform live streaming and Illusto is a web-based studio editor for on-the-go creation. The company rebranded from Toch.ai and says its revenue has grown significantly as it has built a U.S. tech and sales team and established a data-science and machine-learning team in Israel. VideoVerse operates offices across the U.S., Europe, Israel and India and plans expansion into Singapore and the Middle East by year-end. The newly raised capital will be used to strengthen teams in India and internationally, enhance VideoVerse technology, develop new products and expand global market share. Its stated customers include OTT players, broadcasters, sports clubs and leagues, marketing agencies, e-gaming platforms and educational institutions. Toch builds an AI and deep-learning powered video platform that automatically analyses, edits, curates, and publishes video content and metadata in real time. The product offers automatic meta-tagging, auto-subtitles for live events in multiple languages based on viewer location, and tools to help broadcasters monetise live events. OTT customers can use Toch to identify ad-placement opportunities based on crowd excitement levels to increase ad sales. The company says the funds will be used to deepen its technology infrastructure and expand its team. Founders are Vinayak Srivastav, Saket Dandotia, and Alok Patil, and the company is based in Mumbai. Investors and partners quoted in coverage say Toch is well positioned to benefit from increased global video consumption during the coronavirus pandemic. Toch, founded in 2017 by Saket Dandotia, Vinayak S, and Alok Patil, positions itself as the 'Ist Shoppable Video Platform built on AI'. The company’s platform analyzes video content using AI and deep learning to provide meta-tagging and actionable insights. It serves online video creators, advertisers, media companies, and startups across digital video platforms. Toch has implemented enabling meta-tagging for live sporting events, live shows, and library-based content for streaming platforms, and is venturing into broadcasting meta-tagging simultaneously. The company recently raised over $400K in a pre-Series A round led by Inflection Point Ventures. It plans to use the funding to hire personnel and develop its technology infrastructure as it seeks to scale.

Participated · Series C · Jan 2022

Apprentice.io provides a technology platform that helps life-science manufacturers turn molecules into medicine. Its Tempo Manufacturing Cloud accelerates the end-to-end drug product lifecycle by connecting distributed teams and sites, enabling shop-floor execution and real-time enterprise-wide visibility. Fifteen of the top 20 U.S. pharmaceutical companies use the platform to accelerate high-quality production across diseases from COVID to cancer. The company is led by CEO Angelo Stracquatanio and is based in Jersey City, NJ. It intends to use the newly raised funds to expand sales, marketing, and customer success functions. The round increased the company's total capital raised to $207M. Apprentice develops virtual collaboration products, including its first product Tandem, a wearable headset designed to enable remote collaboration on the facility floor. The company is based in Jersey City, NJ. It has completed a Series C round of funding of over $100 million. The Series C was led by new investor Alkeon Capital Management. Repeat investors Silverton Partners, Insight Partners, and Pacific Western Bank participated, and Colorcon Ventures made a new investment. The round brings the firm's total funding to $142 million. Apprentice.io delivers a life-sciences industry intelligent manufacturing execution system that helps teams scale faster across small and large molecule, and cell and gene therapy manufacturing. Its cloud-based platform leverages artificial intelligence, augmented reality and Pharma 4.0 to accelerate batch execution and global collaboration. The Apprentice System is an end-to-end platform offering intelligent batch execution, augmented procedures/workflows, predictive resource management, event tracking, remote collaboration and immersive training. The company says its software is helping to increase speed to market on a number of COVID-19 vaccines. Apprentice.io supports Fortune 100 clients and other complex, compliance-driven customers across the U.S., Asia, South America and Europe. Led by CEO and co-founder Angelo Stracquatanio, the company plans to use new funds to continue assisting customers as they ramp up production. Apprentice.io provides an intelligent, regulatory-compliant software platform for life sciences manufacturing that combines batch execution, augmented procedures, guided workflows, predictive resource management, event tracking and immersive training. The platform is enhanced with AI, machine learning and augmented reality and is paired with an AR-enhanced remote collaboration tool called Tandem for secure in-suite assistance and troubleshooting. Tandem enables subject-matter experts to assist operators remotely so sensitive project timelines are maintained and transfers between locations are executed correctly. The company supports Fortune 100 clients and other organizations across the U.S., Asia, South America and Europe. Led by CEO and co-founder Angelo Stracquatanio and based in Jersey City, NY, Apprentice.io raised $7.5M in funding and intends to use the proceeds to scale its mounting efforts. The article does not disclose operating metrics or financing instrument details. Apprentice.io develops a conversational augmented reality and artificial intelligence platform tailored for enterprise workflows in pharma and biotech, including batch records, tech transfer, R&D workflows, training, troubleshooting, and support. The platform is device- and platform-independent, supporting mobile ARKit/ARCore, fully immersive headsets (HoloLens, Magic Leap), and monocular smart glasses for all-day operation. The company operates an in-house research laboratory and highlights integrated industry features and intelligent data-capture for audit-readiness. Apprentice has tripled in size and customer reach, adding numerous Fortune 100 clients across the U.S., Asia, South America and Europe. Financially, the company has raised more than $10 million in total capital to date and announced an $8M Series A. With new capital, Apprentice plans significant product and feature developments, improved intelligent responses, and international partnerships to expand its deployments.

Participated · Series B · Oct 2021

Extend provides a modern spend and expense management platform that integrates with businesses’ existing bank and credit card relationships. Its software allows companies to instantly issue and manage virtual cards, automate payment workflows, and monitor team and vendor spending in real time. The platform already facilitates billions of dollars in transactions, underscoring meaningful market adoption. Led by CEO Andrew Jamison, Extend positions itself as a partner to financial institutions rather than a replacement, deepening issuer relationships. With its newly raised capital, the company plans to scale partnerships with card issuers and roll out additional expense management services. Management notes that these initiatives are designed to accelerate Extend’s path to profitability. No specific revenue or user numbers were disclosed, but the reference to billions in transaction volume indicates significant usage. Overall, Extend aims to become an indispensable layer atop existing commercial card programs, offering tighter spend controls and transparency to business customers.