Participated · Series E · Jun 2021

Bringg builds software to help retailers manage last-mile logistics, providing tools and access to delivery networks for fulfillment. The company reported 180% growth in new customers over the past year and counts customers including Walmart, Albertsons, Co-Op (U.K.), Coca-Cola and Panera. Bringg says it has amassed a connected network of millions of drivers that customers can tap to supplement in‑house fulfillment. The $100M Series E, which values the company at $1 billion, will be used to grow Bringg’s customer base, expand product capabilities and likely pursue acquisitions to consolidate logistics and fulfillment links. Product roadmap items include expanding beyond the last mile into the middle mile, more in‑store delivery options, greener bundled deliveries and tighter integrations with partners such as Salesforce. CEO Guy Bloch said the company aims to perfect the customer experience and is focused on building a lasting, independent company. Bringg provides an end-to-end delivery logistics platform used by customers including Walmart, McDonald’s and Coca‑Cola, offering tools to mobilize and manage in-house and third‑party fleets. Its product set includes AI-based routing and inventory‑sync tools to optimize last‑mile delivery and integrate with online ordering platforms. The company recently launched BringgNow to serve small and medium businesses that need to mobilize their own or third‑party delivery fleets. Bringg works across retailers, restaurants, grocery stores, large distributors, field service providers and healthcare organizations. Revenues have been rising over the past year and the company reported growth of 24% in a single recent week. Bringg has also provided pro bono support to local governments and nonprofits to help coordinate volunteer delivery efforts during the COVID‑19 crisis. Bringg provides a delivery logistics platform that enables retailers, restaurant chains and third-party couriers to orchestrate last-mile operations. Its product optimizes driver schedules, automates dispatch, sends smart alerts, and supports click-and-collect, crowdsourced fleets and returns management. Customers cited in the article include Walmart, McDonald's and DoorDash. Bringg is active in 50 markets and plans to use new funding to expand into more. The company is co-headquartered in Chicago and Tel Aviv. Financially, Bringg raised $25M in the reported Series C and has raised $53M to date. Bringg offers a delivery logistics platform that gives retailers and enterprises Amazon‑ or Uber‑like visibility into delivery operations, including driver tracking on a map, delivery notifications, driver‑to‑customer communications and rating tools. The product is used across retail, e‑commerce, food, services and logistics, and the company counts customers in over 50 countries including Coca‑Cola, Kimberly‑Clark, Panera Bread, Cdiscount and Hilti. Bringg has expanded from a few large clients to over 30 projects in various phases of roll‑out and has doubled its headcount from under 30 to over 60, with plans to hire 60 more in Tel Aviv, Chicago and New York. The company is not yet profitable but is generating revenues in the millions, and signs annual contracts that often range in the six‑ to seven‑figure band. With strategic investors onboard, Bringg aims to enter new verticals (for example automotive and freight) and is working on customer projects such as Coca‑Cola’s direct‑to‑consumer service that has not yet launched. The founders are Raanan Cohen and Lior Sion; the company was founded in 2013 and operates out of Chicago and Tel Aviv. Bringg provides a customer-centric logistics platform for enterprises to streamline the delivery of goods and services, creating operational efficiencies and improved customer experiences. The open platform offers a set of APIs and SDKs that customers can use to customize the solution and integrate it with existing systems. Bringg serves retail, ecommerce, CPG, food and 3PL/4PL customers in more than 50 countries, including some of the world’s leading brands. Led by Co‑Founder & CEO Raanan Cohen, the company plans to use new funding to grow marketing and sales presence in existing and new markets and to expand its R&D, success and support teams. Bringg is based in NYC, Chicago and Tel Aviv.

Participated · Series C · Jun 2019

Engage3 provides Price Image Management (PIM) and Competitive Intelligence Management (CIM) software that uses AI-assisted, attribute-based data science to collect granular competitive pricing data and link like-items. Its CIM collects 30 billion product pricing records annually in the U.S. and Canada and helps retailers reverse-engineer competitors’ pricing and assortment strategies across channels, markets, and items. PIM models the impact of strategic pricing alternatives and generates pricing recommendations aligned to retailers’ Price Image, sales, and profitability objectives. Engage3 works with six of the world’s top 10 largest global retailers and serves FMCG, non-FMCG, convenience & fuel, and e-commerce retailers. The company plans global expansion into 30+ new countries, enhancements across its Price Image Management Suite, new products to measure and enhance trade promotions, and to build capabilities to continue serving the world’s largest organizations. Engage3 will use the Series D growth financing to execute this roadmap and double its team to support accelerated growth. Engage3 is a Davis, CA-based retail software company that helps retailers manage their Price Image using accurate competitive data, data science and AI-powered software solutions. Its Price Image Management Suite™ enables retailers to understand and align Price Image with sales and profitability objectives through predictive modeling. The suite includes Competitive Intelligence Management (CIM), an AI-assisted, attribute-based, data science-driven solution that provides competitive data and like-item-linking visibility. Engage3 collects roughly 30 billion product pricing records annually across the U.S. and Canada. Customers include eight of the top ten grocery retailers in the U.S. The company is led by Founder and CEO Ken Ouimet and plans to use new funding to accelerate product development, expand staff, and scale go-to-market initiatives. Engage3 provides an integrated retail pricing platform that emphasizes data quality and competitive pricing management. Its Competitive Intelligence Platform (CIP) is an end-to-end solution that uses data science to ensure data comprehensiveness, freshness, and accuracy and automates competitive shop program management. The company’s Competitive Price Response (CPR) is a visual price modeling tool that uses proprietary psychological models to measure consumers’ perception of pricing and predict the impact of price changes. Led by CEO and founder Ken Ouimet, Engage3 plans to use the recent financing to expand staff and scale go-to-market initiatives. The company anticipates doubling revenues in 2019. Engage3 raised a Series B two years earlier from retail technology-focused venture capitalists and is in the process of raising a Series C. Engage3 offers a SaaS omni-channel competitive intelligence and consumer engagement platform called MissionControl™. MissionControl is powered by advanced predictive analytics and a historical product and pricing database covering over 8 million UPCs and 10 billion price updates per year across more than 32,000 retail locations. Led by founder and CEO Ken Ouimet, the company combines data science, deep domain expertise, and innovative technology to serve CPG companies. The company intends to use the new funding to grow its team, expand its omni-channel retail pricing platform, and accelerate deployment of its B2B personalization solution. Engage3 operates a SaaS-based model focused on pricing and competitive intelligence for retailers and manufacturers. Previous and existing investors include The McClatchy Company and Swift Communications. Engage3 builds an omni-channel competitive intelligence and consumer personalization SaaS platform called MissionControl™, combining data science, domain expertise and technology to improve CPG companies' competitive visibility. The platform is designed to maximize the ROI of clients' competitive intelligence programs and support personalized promotions. Engage3 plans to deploy MissionControl through consumer media companies, directly via retailers' loyalty and CRM programs, and via the connected home. The company says it will use new capital to drive revenue growth from its competitive intelligence platform and to accelerate implementation of its personalized promotions platform. Engage3 is led by CEO Ken Ouimet and is based in Davis, California. It recently closed a Series B round of undisclosed size led by Moneta Ventures.

Participated · Series B · Mar 2019

CB4 provides brick-and-mortar retailers with a software platform that uses machine learning and advanced AI algorithms to identify high local demand for specific products in stores. When a product fails to sell to predicted demand levels, the system sends an alert to the store manager, highlighting the floor execution issue and suggesting ways to fix it. The company was founded in Israel by Professor Irad Ben-Gal, head of the AI Lab at Tel Aviv University, and Dr. Gonen Singer, GM of the Israeli branch. CB4 has offices in New York, London and Tel Aviv. It completed a $16M Series B and plans to use the funds to grow adoption, expand service offerings and broaden its client base. The platform targets operational improvements for retailers by surfacing demand mismatches and providing actionable remediation suggestions.

Participated · Series A · Apr 2018

Nutrino is a San Francisco- and Tel Aviv-based provider of nutrition-related data services and analytics technology. It offers an advanced platform and comprehensive food database that collates data from millions of food items globally and is used by companies across food & beverages, digital health, fitness and beyond. The company uses AI and machine learning to analyze feedback from wearables and other data points to understand individual responses to particular foods. Those contextual insights allow Nutrino to define an individual's FoodPrint, the digital signature of how food affects a person's body. Led by CEO Yael Glassman, Nutrino intends to use the Series A proceeds to expand its services across the digital health sector and sign additional partnerships. The company raised $8M in the Series A, bringing total funding to $10M. Nutrino is an iOS app that functions as a virtual nutritionist, delivering daily personalized meal plans informed by users' profiles, goals, habits and culinary tastes. Its recommendation algorithms, reportedly two years in the making, drive the personalization and meal-planning features. Users complete an in-app survey to build a profile (gender, age, height, weight, lifestyle, goals and preferences) and can sync weight data with Withings wireless scales for tracking. Each meal can be added to a grocery list that currently ties into UK supermarket chains Tesco and ASDA and connects with on-the-go outlets such as Pret, pod, eat, Costa Coffee and Café Nero. Nutrino plans to target communities with special nutritional requirements (e.g., people with diabetes, hypertension, athletes) with subscription-based tailored features, and seeks deeper grocery and take-out integrations. The startup has been funded to the tune of $400,000 from family and private investors. It was founded by Jonathan Lipnik, Yaron Hadad, Jose Luis Martin de Bustamente, Eduard Ros Bajona and Ido Cohn and is spread across the UK, Spain and Israel.

Led · Equity · Mar 2018

Staq is an NYC-based automated reporting platform as a service for digital advertising that automates and unifies reporting and analytics across the ad technology stack. Led by CEO Andy Ellenthal, the company’s proprietary platform connects to over 400 ad servers, exchanges, social media platforms and CRM workflow tools, eliminating manual spreadsheet work while driving higher yield and ROI. Staq closed a $2M funding round to support product and team growth. The company intends to use the funds to enhance its software platform by creating an expanded back-end with a flexible data-lake architecture. It plans to introduce features and services including industry-wide data normalization, benchmarking and descriptive analytics, and to grow its sales and engineering teams. Staq offers a SaaS-based integrations and reporting automation platform for digital advertising, unifying analytics and automating operations across the ad technology stack. Led by CEO James Curran, the platform integrates the technologies publishers, brands, and agencies use to transact and monitor business performance at scale. The solution contains over 350 integrations with ad servers, exchanges, CRM and workflow tools. The company closed a $5M venture capital round to support growth. Staq plans to use the funds to add integrations between digital advertising technologies, expand the scope of advertising analysis and optimization available through the platform, and hire additional personnel. Staq develops a collection, reporting, and integrations system for advertising technology that consolidates campaign, inventory, audience, sales pipeline, and analytics data across ad stacks. Its product enables users to view campaigns, inventory, audience data, sales pipeline and analytics from across all of their advertising technology. The system has integrated into more than 175 technologies among publishers and marketers, including ad servers, RTB exchanges, DSPs, SSPs, audience targeting systems, analytics, CRM and workflow tools. The company was founded in 2012 by James Curran (CEO) and Mike Subelsky (CTO) and is based in New York City and Baltimore. Staq recently secured $2.5M in Series A financing and intends to use the funds to expand adoption of the product.