
Point B Capital
300 E Pine St, Seattle, WA, 98122, United States
Overview
Point B Capital is a venture capital firm that invests in early stage growth-oriented companies.
- Total investments
- 8
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Retail
- Venture Capital
Investment portfolio
- Dizzion
Participated · Series A · Sep 2016
Dizzion is a leading provider of high-performance managed Desktop-as-a-Service (DaaS) for global remote workforces. Its End User Cloud platform has supported hundreds of customers and tens of thousands of end users and offers AnyCloud global delivery in 26 countries on six continents. Product capabilities include zLink secure endpoints, COSMOS orchestration and analytics, and compliance with HIPAA, PCI-DSS and SOC 2 Type II to serve BPOs, enterprise contact centers, healthcare, financial services, and insurance. The company says the investment will be used to expand its team, enhance its EUC platform and alliance partnerships, grow AnyCloud delivery, and explore acquisition opportunities. The partnership with LLR Partners is intended to provide resources for continued hyper growth and global expansion. Dizzion was founded in 2011 and emphasizes secure, compliant remote-work deployments. Dizzion is a Denver, CO-based desktop-as-a-service company that provides a cloud computing platform enabling secure access to documents and applications from anywhere on any device. Its solution combines secure endpoints, storage, application delivery and enterprise security capabilities. The company is led by CEO Steve Prather and is backed by Grotech Ventures and Access Venture Partners. Dizzion received a $4.25M credit facility from Square 1 Bank, a division of Pacific Western Bank. The company intends to use the funds for growth activities including workforce development, sales and marketing, and product advancements. The financing is structured as a credit facility to support those growth and product initiatives. Dizzion, founded in 2011 and based in Denver, provides cloud-delivered Desktops as a Service (DaaS) paired with secure endpoints, application delivery and storage to enable secure access to applications and data from any device. Led by CEO Steve Prather, the company targets enterprises facing cloud and global workforce trends such as third-party contracting and work-from-home programs. Dizzion serves companies around the globe, including customers such as AARP, Delta Dental, and TELUS International, and works through channel partners like ViaWest, Zayo, CarrierSales, SPS and Hosting. It focuses on industries with challenging workforce environments including business process outsourcing, healthcare, financial services and insurance. The company intends to use new funds to grow staff, expand its partner program and further refine its virtual desktop technologies. A recent board addition is retired ViaWest Chairman and CEO Roy Dimoff. Dizzion is a Denver, Colorado-based provider of cloud-delivered virtual desktop environments and Desktop-as-a-Service (DaaS). Led by CEO Steve Prather, the company offers a proprietary managed desktop service built on enterprise technology covering infrastructure, software licensing, management, support and security. Its platform enables employees to securely access applications and data from any device, anytime, anywhere. Dizzion serves more than 40 companies globally and works with nineteen reseller partners that bundle its technology into outsourced IT solutions; named customers include TELUS International, Delta Dental and Red Robin Restaurants. The company raised $3.9m in Series A funding and intends to use the proceeds to expand its presence in the end user computing market, including virtual desktops and DaaS. The funding is aimed at supporting growth of its managed desktop offering and scaling go-to-market via direct and reseller channels.
- NextHealth Technologies
Led · Equity · Aug 2015
NextHealth Technologies is a cloud-based, HITRUST-certified AI healthcare analytics platform led by CEO Eric Grossman. The platform uses rigorous methodologies and standardized processes to enable health plan customers to identify the most impactable populations and measure which clinical initiatives work best for whom. It integrates data-driven decisions into workflow in near real time and is deployed with expert services to ensure client adoption and success. The company intends to use new funding to accelerate market expansion and deliver product enhancements, leveraging new sources and uses of data to further personalize interactions between healthcare entities and consumers. NextHealth says these efforts aim to drive down healthcare costs and improve health outcomes. The company is based in Denver, CO. NextHealth sells a platform that combines behavioral science and predictive analytics to identify health plan members likely to reduce costs with small lifestyle changes. The system parses membership, demographic, lifestyle, and geospatial data to target individuals and develops case-specific campaigns delivered by phone, email, mail, or even refrigerator magnets. Interventions direct members to lower-cost options such as telemedicine and urgent care; NextHealth reports that 25% of targeted patients accepted nudges and avoided noncritical ER use. The company monitors roughly 2 million members and is working with eight insurance companies, half of which have granted NextHealth marketing power. Commercial terms often include risk-sharing: NextHealth puts about half its fees at risk and some contracts promise to return fees at 2.5x if savings materialize. The company notes its service is classified as an operational expense and therefore counts in the 85% claims bucket that insurers report to regulators, a point that influences insurer adoption. NextHealth Technologies is a Denver, CO–based predictive analytics company led by CEO Eric Grossman. The company provides a platform that integrates predictive analytics, behavioral economics, and multi-channel consumer engagement to predict risk-reduction opportunities and prescribe personalized member-level actions to improve outcomes. Its platform is positioned to help payers and providers identify and act on member-specific health risks. Customers include health plans, accountable care organizations, hospitals, and Medicaid providers. The company raised $1M in financing, indicating early-stage external capital support. Leadership and the product focus suggest a go-to-market aimed at health plans and provider organizations seeking outcome improvements.
- CSATS
Participated · Equity · Jun 2015
C-SATS provides a cloud-based performance management system that uploads operating-room video to a secure server and uses an algorithm to match recordings with procedure-specific assessment tools. The platform dispatches vetted, trained experts (including non-surgeons) who are paid to review videos and assess surgical performance, completing reviews within two to three hours. C-SATS positions this workflow as faster, less biased, and far less costly than conventional peer review, arguing it can improve surgeon skill, productivity, compliance, and help reduce costs for hospitals. The company markets a software-as-a-service model and pays reviewers per assessment; customers named in the article include Seattle Children’s Hospital, University of Toronto, University of Connecticut, Virginia Mason, Ford Health System, and Florida Hospital Nicholson Center. The startup spun out of the University of Washington, is headquartered in Seattle’s University District, and has been on the market for about nine months. Financially, C-SATS recently raised $2.5 million and has also received grant funding from the Wallace H. Coulter Foundation and the University of Washington.
- Earshot
Participated · Equity · Jun 2014
Earshot combines user profiles with location data to recommend whom businesses should reach out to on social media and what to say, prioritizing right-time, right-place scenarios. The platform is designed less to engage existing fans and more to find new customers, even if they aren’t using the right handle or hashtag. Use cases include retailers finding nearby people tweeting about rain to invite them into a store and brands offering helpful, non-transactional content (e.g., firestarting tips to campers) to win long-term customers. Customers named in the article include Nissan, IBM, SFX Entertainment, and the Chicago White Sox. The company raised $1.7M in new funding from Mohr Davidow Ventures, TriplePoint Capital, Birchmere Ventures, Serra Ventures, and Point B Capital. Earshot says it will expand its product over time and is working on “a whole new perspective on relevancy, with location being one of the variables,” though specific product details are not yet available.
- RoundPegg
Participated · Equity · Nov 2013
RoundPegg provides software to help organizations tackle culture change, align sub-cultures and proactively integrate acquired companies. The platform offers continual measurement of employees’ engagement levels, enabling firms to resolve issues and track the effectiveness of engagement efforts. Its client roster includes eBay, Crocs, Kaiser Permanente, Nike, Zillow and Sungard. Founded in 2009 and led by CEO Tim Wolters, RoundPegg is based in Boulder, Colorado. The company raised $2.8m in funding from several investors and is currently expanding its sales and marketing teams. RoundPegg offers a matchmaking platform for hiring that emphasizes personality and cultural fit alongside skills and experience. The product matches employers and potential employees to identify candidates who fit corporate culture. The company also sells its matching and communications technology in-house to large enterprises to assess employee interactions and team wiring. That enterprise offering delivers insights into cultural values, personality, and communication styles for organizations. RoundPegg reports thousands of job seekers and hundreds of companies using the site. The platform has been used by customers such as Dish Network to identify top performers’ business environment preferences.
Team
No current team members are available.