Participated · Equity · Mar 2024

Equinox Group operates a portfolio of lifestyle brands including Equinox, Equinox Hotels, SoulCycle, Blink Fitness and E by Equinox, focused on high-performance luxury living. The company currently operates 107 clubs globally and reports a pipeline of more than 25 new locations across major markets. Revenue increased 27% in 2023 and member engagement reached the highest level on record. Equinox is positioning to accelerate growth through new club openings, scaling its luxury experience, and launching new innovative offerings. To support those plans and to refinance maturing loans, the company secured significant new capital and a new credit facility. Its stated mission is to grow disruptive lifestyle brands at the convergence of fitness, experiences, and community. Equinox is a NYC-based high-performance lifestyle brand operating upscale, full-service fitness clubs and an integrated suite of programs, services and products. Its offerings include strength and cardio training, studio classes, personal training, spa services, apparel and food/juice bars. The company operates 89 clubs across U.S. cities including New York, Los Angeles, San Francisco, Miami, Chicago, Boston, Dallas, Houston and Washington, DC, as well as international locations in London, Toronto and Vancouver. Led by Executive Chairman and Managing Partner Harvey Spevak, Equinox received a minority investment from L Catterton. The terms of the transaction were not disclosed. The company said it will use the funds to continue its expansion in the U.S. and internationally.

Participated · Series D · Oct 2023

HqO provides a tenant experience (TeX) platform that lets landlords, property managers, and brokers improve the daily experience of office tenants while gathering actionable data on property use and satisfaction. Its mobile software supports in-app purchases from on-site retailers, delivers real-time building updates, promotes events and community initiatives, and manages digital access to amenities such as parking garages and fitness centers. Within less than two years, the company has deployed its solution across 20 million square feet of office space, including iconic assets like Chicago’s Willis Tower operated by Blackstone’s EQ Office. Clients also include major owners such as Jamestown, DivcoWest, and National Development. The platform positions property owners to attract and retain innovative tenants and ultimately increase asset value. With fresh capital, HqO plans to expand headcount across all departments, open additional offices, and evaluate international M&A opportunities. Financial details beyond the recent $6 million raise were not disclosed.

Participated · Equity · Feb 2022

Revere is an invite-only, online marketplace and capital markets network for commercial real estate professionals, enabling brokers, owners, lenders, and investors to buy, sell, and finance properties. The platform lets equity, debt, and investment sales teams manage the entire capital-markets workflow from sourcing to close on a single interface, charging a flat monthly fee and taking no transaction commissions. Users build individual profiles, search first-party capital markets data on people, companies, and transactions, and automate deal marketing, feedback aggregation, and matchmaking through workflow automation. Launched in May 2021, Revere has onboarded 500+ companies and reports about $1.0 billion of transactions slated for the first half of 2022. The company highlights a best-in-class engineering team (including four ex-Googlers) and plans to continue growing its engineering, product, sales, and marketing teams. Revere also cites support from an investor group encompassing nearly $700 billion of real estate as part of its growth and commercialization strategy.

Participated · Equity · Feb 2022

Revere builds a ratings system and research product that evaluates emerging venture fund managers using data provided by the firms. It scores managers across 20 categories grouped into five areas: sourcing, team, value add, track record and firm management, and produces heat maps and research reports. The 11-person startup has written over 80 reports, hosts more than 100 funds on its platform, and typically produces a report in about two weeks. Revere charges limited partners on a per-rating basis or via a monthly subscription and does not charge fund managers; the company says millions have been invested in funds as a result of its reports. Over time Revere plans to use accumulated data to establish performance benchmarks for the asset class and to scale report production if demand increases. The company does not rely on AI to draw conclusions, and its founders acknowledge that qualitative judgment could introduce subjectivity and invite skepticism from some investors. Revere is an invite-only online marketplace and capital markets network connecting CRE brokers, developers, owners, lenders, and investors. The platform lets equity, debt, and investment sales teams manage the entire capital markets workflow from sourcing to close, and provides profiles, searchable first‑party capital markets data, matchmaking algorithms, and workflow automation. There is no commission on transactions; members pay a flat monthly fee. Launched in May 2021 and based in New York, Revere has onboarded 500+ companies and has $1.0 billion of transactions slated for the first half of 2022. The product supports single assets, portfolios, and funds across property types and locations and enables deal marketing, feedback aggregation, touring, and term‑sheet comparison on a single dashboard. Revere says its engineering team includes four ex‑Googlers and plans to grow engineering, product, sales, and marketing teams with support from its investors. The company positions itself as a Bloomberg‑like tool for CRE capital markets and emphasizes access to thousands of dealmakers. Revere offers monthly subscription boxes of plant-based workout and energy drink powders formulated with ingredients such as pea protein, sweet potato powder, tart cherry and green tea. The mixes are vegan and free from gluten, nuts and soy, and include distinct pre- and post-workout options. Customers personalize boxes by answering questions about age, body type, activity level and workout routines. The company launched with a $2 million seed round to support early growth. Revere plans to deploy much of the new capital on customer support and outreach to scale its direct-to-consumer e-commerce business. Founders Matthew Scott, Alex Blodgett and Jasper Nathaniel emphasize science-backed product development and rely on an advisory board that includes PhDs in nutrition and exercise physiology and a professional fitness trainer.

Participated · Series B · Jan 2022

Esusu operates a financial technology platform that reports on-time rent payments to the major credit bureaus, enabling renters to establish or boost their credit scores. The product is used by multifamily property owners, operators, and financial institutions to integrate rent reporting seamlessly into their workflows. Today, Esusu’s network spans 5 million units and reaches approximately 12 million residents while processing about $100 billion in annual gross lease volume. Key enterprise partners include major real estate players such as Blackstone, Invitation Homes, and Nuveen Real Estate. The company monetizes through SaaS-style agreements with property managers and ancillary services tied to resident financial products. With more than $200 million raised to date, Esusu aims to deepen product development and scale operations further across the U.S. The fresh capital supports its mission of closing the racial wealth gap and enhancing financial stability for underserved renters.