Participated · Seed · Oct 2022

Klikit provides a SaaS platform, klikit Cloud, that aggregates orders from multiple delivery apps and channels into one dashboard and enables multi-brand menu management, historical analytics, and inclusion of orders from WhatsApp/SMS/audio. The company has official API agreements with GrabFood, foodpanda, GoFood and UberEats, and differentiates from legacy POS systems by supporting multi-brand and multi-location operations on a single device. Since launching seven months ago, klikit has serviced more than $2.8 million in orders across 150 brands in the Philippines, Malaysia, Indonesia, Singapore, Taiwan and Australia, and counts customers such as Bistro Group, Flash Coffee, MadEats and Just Kitchen. Founded in 2021 by Christopher Withers, the startup exited stealth with $2 million in pre-seed funding and hired 30 people across six countries during stealth. Klikit is pursuing regional expansion, plans to add more features by building out its engineering team, and is developing virtual brand partnerships with creators (working with creators with a combined 38 million following to launch creator drops). The company positions itself against competitors like Deliverect and NextBite by focusing on cementing API partnerships with major delivery apps and solving what it calls “tablet hell.”

Participated · Equity · Sep 2021

June Homes operates a proptech platform that identifies underperforming apartments, inspects, renovates, and lists units for rent—often in under 72 hours. Tenants can discover, apply for, and move into homes in as little as three hours, choose furnished or unfurnished units, and sign flexible 1–18 month stays at market-aligned rates. The company serves as a turn-key partner for small landlords, eliminating broker and management fees, reducing vacancies, and assuming risk for tenant defaults and building performance. June Homes reports thousands of tenants across NYC, DC, San Francisco, Los Angeles, Philadelphia, and Boston, and has seen 2.5x tenant growth quarter-over-quarter and 2.5x unit growth over the last six months. The company claims 25.5x fewer tenant defaults than the industry average and offers a tenant satisfaction guarantee. Recent funding will be used to fuel expansion into other U.S. markets and continue product and market growth.

Participated · Seed · Jan 2021

Mealco offers a turnkey platform that lets chefs launch delivery-first restaurants without leases or upfront costs, handling ingredient sourcing, kitchen operations, and order fulfillment via Uber Eats, DoorDash, Postmates and Seamless. The company provides software-guided preparation instructions for kitchen staff and a dashboard that gives chefs real-time menu performance and customer feedback, enabling remote management from a mobile phone. Mealco also supports branding, marketing and social media for new concepts. The typical launch timeline is six to eight weeks, and the startup says chefs do not need to be involved in day-to-day prep. Mealco has launched two restaurants (Tributo and Cayenne) delivering across Manhattan, Brooklyn and Queens and reports a 50-chef waitlist. The company plans to expand throughout New York City and surrounding areas this year, then move into new cities next year.

Participated · Series B · Apr 2020

Starcity launched in 2016 to create affordable co-living spaces and has grown to 12 locations across San Francisco, Oakland and Los Angeles. The company provides fully furnished private bedrooms and bathrooms with expanded communal areas, offering rents in the $1,000–$2,000 range and discounts of roughly 20–30% versus new apartments. Starcity owns its spaces and operates as both a developer and operator with in‑house development, design, and management capabilities. It offers a resident app to foster community and is positioning itself as a lifestyle brand while experimenting with cost-saving construction methods like offsite assembly. The company is working on a San Francisco project to accommodate 270 people and on initiatives to make units accessible to minimum-wage workers. During the COVID crisis Starcity increased cleaning, moved tours and events online, waived termination fees for residents in hardship, enacted payment-relief programs, and implemented cost cuts including a small furlough but no layoffs; the team size is about 40. For future developments it relies on venture capital for expansion and limited partners and lenders to finance property projects, targeting high‑teens to low‑20s IRR for developments. Starcity converts underutilized multi-family, hotel, and office buildings into residential co-living properties designed to add housing stock without displacing current residents. The company will use the new funds to develop a boutique multifamily building at 1854 McAllister Street into a 10-unit Starcity community in San Francisco's NOPA neighborhood. Starcity currently owns and manages four properties across San Francisco and has nine more communities under development. In the last 18 months the company has raised more than $20M in venture financing from investors including Bullpen Capital, NEA, Social Capital and Y Combinator. It also has arrangements with institutional real estate partners to participate as investors in some larger properties. The company employs 28 people in San Francisco.

Led · Series B · Nov 2019

Eden operates a workplace management platform that connects office managers to third-party service providers across categories like IT support, cleaning, inventory, and handiwork. The company shifted from in-house W2 technicians to a marketplace model; today 100% of revenue comes from connecting offices with third-party providers. Eden is live in 25 markets, including Berlin and London, and has more than 2,000 service providers on the platform. Founded in 2015 and launched out of Y Combinator, Eden originally began as on-demand consumer tech repair before pivoting to enterprise. The company is now focusing on expanding into the broader property-management stack and is beta-testing software for landlords and property managers to handle guest check-ins, maintenance, and building services. Eden has raised just over $40 million in funding since inception. Eden began as an on-demand tech support service for consumers and businesses and later pivoted to a B2B model providing IT support, cleaning, task management, and handy work via W2 employees called “Wizards.” The company has expanded its focus to build software that operates a marketplace for third-party vendors to serve businesses. Revenue from Eden’s own W2 workers now represents about 25% of its business, down from roughly 75% before introducing third-party vendors. Eden currently operates in San Francisco, Los Angeles, New York, and Austin. The team plans to use new funding to expand beyond those markets and to hire more engineers and professionals. Eden’s model is noted as being similar to Managed By Q’s marketplace approach. Eden offers on‑demand, hourly tech help—repairing cracked phone screens, mounting TVs, fixing routers and similar tasks—for a flat $69/hour, with technicians bringing their own tools. Launched out of Y Combinator, the service began in May and is currently available only in the Bay Area. The company has transitioned from a 1099 employment model to a W2 structure. Eden is growing rapidly, reporting 25% week‑over‑week growth since launch. Management says the new funding will be used to expand into new markets, and the article notes enterprise offerings could be a logical future opportunity. Total funding to date and recent traction form the company’s current financial backdrop. Eden offers an on-demand service that sends tech specialists to customers' homes, offices, or coffee shops to fix phones, Wi‑Fi, printers, smart home devices, and other consumer tech issues. The service launched in the Bay Area in March 2015 and is currently available there with same-day bookings and a goal of tightening service windows. Eden charges $69/hour (first hour free) and pays its tech pros $30/hour; those tech pros are currently classified as 1099 contractors though the company is considering moving some or all to W2. The company says there are more than 180,000 tech pros in the U.S. working at incumbents or small shops and aims to tap that supply. Early demand has been strong among users over age 50 who previously relied on relatives for tech help. Eden cites supply-side recruiting as its biggest operational challenge as it scales the marketplace.