Participated · Equity · Feb 2025

Founded in 2022 by CEO Rachel Edenfield, Swell develops scalable, AI-driven mental health tools that supplement traditional therapy and broaden access in underserved markets such as military communities. The company built an MVP and began generating revenue within five months of inception, then launched a full beta at Fort Campbell two months later. Swell has since secured contracts with Tricare and Humana Military, expanded its provider network across Kentucky and Tennessee, and filed a patent for a HIPAA-compliant AI intermediary that powers its self-guided therapy prototype. The startup was also accepted into the Awesome Fellowship, underscoring early validation of its approach. Looking ahead, management plans to grow both its client and therapist bases to accelerate revenue and aims to win a development contract with the Department of Veterans Affairs for its AI-enabled product. The recent capital raise will fund continued product development and operational expansion.

Led · Seed · Sep 2023

Betterleap is an AI-powered candidate sourcing platform that helps recruiters source, engage, and convert candidates. The product leverages AI and data to deliver highly targeted candidate recommendations and integrates with Applicant Tracking Systems including Lever, Greenhouse, Ashby, Recruiterflow, and Clockwork. It includes a GPT-4–powered CoPilot feature to provide immediate insights and actionable responses to recruiters' queries. Betterleap has signed 1,000+ companies to its platform, with customers such as Prestige Development Group, Recruiting From Scratch, Boulevard, Chapter, and Costanoa Ventures. The company says it will use the funding to fuel growth, expand its team, and enhance its product offerings. Founded in 2020 and based in San Francisco, Betterleap officially launched alongside this seed raise.

Participated · Series B · Jun 2022

Prenda runs a platform that enables tuition-free micro-schools—small K–8 learning pods typically hosted in homes or community centers and limited to about ten students. Community members, called Guides, lead the pods with support from Prenda in the form of tools, funding, and training. Certified teaching professionals from Prenda monitor student progress and assist Guides in responding to educational needs. The company positions its model as a community-driven alternative to traditional schooling. Prenda is based in Mesa, Arizona, and announced a new funding round to expand the business and its vision. The articles state the company raised $20.0M in June 2022 to support growth.

Led · Seed · Dec 2021

Cloudthread provides cost-efficiency monitoring that combines cloud cost and application-usage data to create unit metrics tying application or team usage to value. The company’s initial solution is aimed at helping engineering teams understand and optimize cloud spend through growth and seasonal fluctuations. Cloudthread was founded in 2020 and is based in San Francisco, California. The startup says its product maps cloud cost and application usage into metrics that reflect the value delivered by specific applications or teams. Cloudthread plans to use new financing to hire, accelerate growth, and continue building out its product suite. Financially, the company closed a $3.0 million seed round in December 2021 to fund those plans.

Participated · Equity · Nov 2021

Steadily is a landlord insurance provider serving real estate investors, headquartered in Austin, TX and Overland Park, KS. Its core offerings include Steadily Insurance Company (an A-rated carrier), five MGA programs, and a large insurance agency that underwrites and distributes policies. The company serves policyholders in all fifty states and reports over $250M in annualized gross written premium. Led by co-founder and CEO Darren Nix, Steadily plans to use the new capital to expand operations and its development efforts. The company was valued at $335M in the latest round and has raised $89.5M in total funding to date. Steadily's previous financing included a $28.5M Series B in 2023. Steadily is an Austin, TX and Overland Park, KS-based landlord insurance company that built a mobile-first digital platform to provide landlords with insurance quotes online in minutes, 24/7, across all 50 states. Founded by Darren Nix, Datha Santomieri, and David Tulig, the company began as a retail agency working with carriers and wholesalers to offer competitive rates and coverages for rental properties. Steadily reports increased binding authority with existing carriers and has expanded operations to include program administrator capabilities. The platform serves the 18 million individual rental property owners who collectively own the majority of single-family and small multi-family rentals across the U.S. The company plans to use the new funding to expand its mobile-first experience and deploy embedded IoT devices aimed at preventing property damage and to meet growing nationwide demand. Steadily offers landlord insurance products with a digital, self-serve experience aimed at individual rental property owners. The company serves the estimated 17 million individual rental property owners who own the majority of single-family and small apartment rentals across the U.S., supporting single-family rentals, fix-and-flips, short-term rentals, and other property types. Steadily began as a retail agency working with carriers and wholesalers nationwide and now holds binding authority with existing carriers while also providing program administrator capabilities. The product emphasizes modern tech integrations and an improved customer experience to address historically outdated insurance processes. In its latest financing Steadily raised $27.2M, bringing total funding to $31M, and plans to use the capital to scale operations and meet growing consumer demand. Founders and investors characterize the business as a tech-first, customer-centric entrant that aims to modernize insurance for landlords. Steadily offers mobile-first, direct-to-consumer landlord insurance that lets property owners get quotes and buy policies through a streamlined app. The product pre-fills property data, delivers competitive quotes in minutes, verifies post-bind property conditions (for example fire mitigation), and lets landlords order items like fire extinguishers. Steadily is building non-invasive IoT sensors (for example washing-machine leak sensors) and advanced data analytics to detect issues early, reduce claim volume and severity, and ultimately lower premiums. The company has secured multiple carrier partnerships to underwrite policies while it remakes front- and back-end processes to improve acquisition and claims handling. Steadily is positioning itself to address an underserved market estimated at roughly $38 billion in annual premiums across 48 million rental units. The company is based in Austin, Texas and recently raised seed funding to accelerate product development and deploy its IoT and analytics capabilities.