Led · Equity · Jul 2024

ADDAX Overland builds rugged, durable overland equipment, including trailers and accessories for overlanding. The company plans to bring its Gladiator Overlanding Cap and Camper to market late this summer. A recent strategic investment will fund innovation, manufacturing, and R&D and help scale production to meet growing demand. Philo Ventures has invested and will provide operational resources and expertise across strategy, sales, and operations. Philo is also focused on growing ADDAX's partnership with Jeep. The company recently appointed Marshall Smith as CEO; he previously co-led two e-commerce companies to over 300% growth and served as president of Manly Bands and COO of Taft Shoes. ADDAX has been active at industry events such as Moab's Jeep Safari, Daytona's Jeep Beach Expo, and Overland Expo Pacific Northwest.

Participated · Seed · May 2024

Videra Health is an Orem, UT–based company offering an AI-driven mental health assessment platform. Its FDA-registered digital platform uses linguistic, audio and video analysis to help providers proactively identify, triage, and monitor at-risk patients. The company connects providers and patients anytime, anywhere via written and video assessments that translate into actionable quantitative and qualitative patient data. The platform is designed to streamline diagnoses, enhance care accessibility, optimize workflows and reduce costs for providers and healthcare systems. Videra is led by CEO Loren Larsen. It raised $5.6M in a Seed II round and intends to use the funds to expand operations and its reach. Videra Health is an FDA-registered remote patient monitoring video platform that enables asynchronous check-ins and video assessments to capture quantitative and qualitative patient data for behavioral health providers. The platform extracts, organizes and analyzes patient responses to assist clinical decision making and to surface the right patients at the right time. Videra hosts thousands of patient engagements every month for behavioral health providers nationwide and customers report saving approximately 88% of staff time. The company says 91% of providers view remote patient monitoring and post-discharge surveys as essential and 86% of patients want more engagement between appointments, framing the market opportunity. Leadership (founder and CEO Loren Larsen) and investors see AI playing an increasing role in scaling insights and engagement as Videra seeks to expand its impact across patient-centered care paradigms. Videra is based in Orem, Utah and plans to use the new funding to scale patient interactions for behavioral health.