Led · Series B · Jul 2026

Handspring Health operates a virtual mental health clinic focused on youth and young adults, employing clinicians trained in evidence-based modalities such as CBT, DBT and exposure therapy and providing mandatory ongoing clinical supervision and training. The company treats patients across a spectrum of acuity, including a complex care program for high-risk youth, and has treated more than 4,000 patients across nine states. Handspring reports revenue growth of more than 10x over the past two years and clinical outcomes including 93% of families reporting improvement at discharge, 81% of patients treated for anxiety showing clinically meaningful improvement, and 78% for depression. Over 95% of sessions are covered by insurance and the business is in-network with major commercial insurers like BlueCross BlueShield, Aetna, Cigna, UnitedHealthcare, Oscar and Optum. Handspring acquired Joon Care to expand services and in-network coverage in Washington State and plans to scale geographically, deepen payer partnerships, expand parent coaching and continue investing in its AI-enabled technology platform.

Led · Series C · Jan 2026

Founded in 2018, Fiddler AI has built an all-in-one observability and security platform that serves as a control plane for compound AI systems, giving enterprises standardized telemetry, evaluation, continuous monitoring, policy enforcement, and auditable governance. The product includes proprietary Trust Models that provide out-of-the-box accuracy, safety, and compliance checks, enabling Fortune 500 customers to diagnose, explain, and manage AI agent behavior in real time. Over the last 18 months the company’s revenue has grown more than 4×, reflecting rapid adoption in regulated sectors such as healthcare, financial services, and insurance. Recent milestones include achieving AWS Pattern Partner status and being ranked the #1 company in AI Agent Security & Risk Management by CB Insights. With its new control-plane capabilities, Fiddler plans to deepen integrations across the AI ecosystem and expand its footprint in mission-critical, agent-driven workflows. The latest financing brings total capital raised to $100 million, supporting continued product development and go-to-market expansion.

Participated · Series C · Feb 2025

Luminance builds “legal-grade” specialist AI—described as a “Panel of Judges”—and offers products such as Lumi Go that can auto-negotiate draft agreements on customers’ behalf. The company uses a proprietary Legal Pre-trained Transformer (LPT) trained on over 150 million verified legal documents, many of them non-public, rather than general-purpose GPT models. Luminance emphasizes a mixed-model approach for accuracy and transparency and positions its platform across the entire contract lifecycle. It reports over 700 clients across more than 70 countries, including AMD, Hitachi, LG Chem, SiriusXM, Rolls‑Royce, and Lamborghini. The firm has significantly expanded in North America—tripling headcount there, opening offices in San Francisco, Dallas, and Toronto, and expanding its US HQ in New York. Financially, Luminance raised $75M in a Series C and, per CrunchBase, has now raised $138M to date; it was originally seed-funded by the late Dr Mike Lynch. Luminance builds a proprietary legal Large Language Model and a specialised legal co-pilot used across the contract lifecycle, from generation to post-execution analysis. Its flagship product, Luminance Corporate, and recent releases — a Legal-Grade™ chatbot for instant Q&A and automated redrafting, 'Self-Serve' for non-legal teams, and 'Auto Mark-Up' — target faster, standardized contract workflows. The company serves 700+ organisations in 70+ countries, including AMD, Hitachi, AB InBev, Panda Express, LG Chem, Koch Industries and Yokogawa. Luminance reports over 5x ARR growth in the past two years, generates more than one-third of its revenue in the U.S., and has seen a 225% increase in U.S. customers adopting its flagship product since January 2023. To support accelerated market capture, it has expanded its New York headquarters, added hires across North America (San Francisco and Canada), and opened a new Dallas office. Luminance develops an AI/ML platform for the legal industry that surfaces complex information in a visual dashboard to speed contract review. The product includes collaboration tools aimed at improving efficiency for M&A teams. The company launched in September 2016 and is led by CEO Emily Foges. It has deployed its technology across markets from South Africa to the Nordics and has attracted interest from law firms in Australia and the United States. Luminance has a workforce of 20 employees and was valued at over $20 million following the most recent funding. The company intends to use the funds to meet demand for its technology. Luminance is a London-based developer of a machine-learning platform designed to improve the legal due diligence process. The company leverages artificial intelligence and machine-learning capabilities developed at the University of Cambridge and anchored in Recursive Bayesian Estimation theory. Its document analytics software is built to handle forensic big data and add value to legal teams by freeing lawyers to focus on substantive work. Luminance has been collaborating with international law firm Slaughter and May to test and pilot the software for several months. Led by CEO Emily Foges, the company raised $3M and will use the funds to continue to develop the platform. Invoke Capital made the investment.

Participated · Series B · Jun 2023

Blumira provides an XDR platform that combines SIEM, endpoint visibility, and automated response to help organizations with lean IT teams consolidate tools and reduce complexity. The platform integrates across environments to provide insight and uses automation to speed up response. The company is led by CEO Jim Simpson and is based in Ann Arbor, Michigan. Blumira reported 100% year-over-year customer growth and says it has users across manufacturing, healthcare, credit unions, colleges, universities, and municipalities. It intends to use the new funding to accelerate its growth trajectory. The offering targets organizations seeking consolidated detection-and-response with limited IT resources. Blumira builds a cloud-based security information and event management (SIEM) solution tailored to medium-sized businesses, offering turnkey deployment and enterprise-level threat monitoring at a lower cost. The product is designed to deploy quickly and give mid-market firms capabilities comparable to tools used by large corporations. The company plans to use new capital to expand its product offering and to grow its partnerships with managed service providers. Blumira also intends to double its headcount to 80 employees. Founded in 2018 and based in Ann Arbor, the firm has raised $12.9 million since its founding. The recent financing is intended to accelerate the company’s vision of democratizing detection and response for organizations of all sizes. Blumira offers a cloud-delivered SIEM that automates security operations workflows to help customers identify threats faster and respond by blocking or containing their impact. Its platform is designed for teams with limited security expertise and can be deployed in a matter of hours to deliver immediate security value. The product integrates broadly across cloud, endpoint protection, firewall and identity providers, including Office 365, G Suite, Crowdstrike, Okta, Palo Alto and Cisco FTD. The company intends to use the new funding to continue advancing its threat detection and response technology. Blumira was founded in 2018 and is led by CEO Steve Fuller. The company is based in Ann Arbor, Michigan.

Participated · Series D · Jan 2022

Paack is a logistics and parcel-delivery company that began operations in Dubai five years ago and is now based in Barcelona. It offers scheduled deliveries in more than sixty European cities across Spain, Portugal, Italy and France. The company reports a 96% success rate on first deliveries and an international customer rating of 4.8 out of 5. Financially, Paack attracted €45M in the second half of 2023 and has now received an additional €10M from ICO Next Tech. Paack plans to continue expanding the number of countries and cities it serves and will pursue route optimization and investment in environmentally friendly vehicle fleets to support that growth. Paack is a Barcelona-based logistics company that provides parcel delivery services for e-commerce retailers. The company manages delivery of several million orders monthly for more than 150 clients, including 17 of the top 20 e-commerce retailers in Spain. Paack employs between 500 and 1,000 people and has raised more than €300M in investment since inception. The current round of €45M will be used to reinforce its market position in e-commerce delivery, invest in product innovation, and expand its distribution network across Europe. Paack has an ambition to become the first company to guarantee 100% zero-emission deliveries across Europe. The financing combines equity and debt to support growth and working capital needs. Paack operates an e-commerce delivery platform combining logistics software with warehouse-robotics integrations to manage last-mile and fulfillment operations. Its systems integrate with e-commerce sites so consumers can customize delivery schedules at checkout, and the company develops warehouse automation, time-window scheduling and routing integrations. Paack says it delivers several million orders per month for about 150 international clients, processes 10,000 parcels per hour per site, and counts 17 of the largest e-commerce retailers in Spain among its customers. The company was founded by Fernando Benito, Xavier Rosales and Suraj Shirvankar, and CEO Benito emphasizes a short-term vision to lead sustainable e-commerce delivery in Europe. Paack aims to deliver parcels at carbon net-zero using electric last-mile vehicles and is seeking certification with The Carbon Trust and the United Nations. It has established a profitable position in Spain and is pursuing similar results across the U.K., France and Portugal while using new capital for product development and European expansion. Paack is a Barcelona-based e-commerce delivery platform founded in 2015 that provides delivery services for retailers including Amazon, Decathlon, and MediaMarkt. The company is active in more than 60 cities across Spain, the UK, France and Portugal and works with over 3,000 local delivery partners. Paack has a team of more than 240 employees and expects to reach €50 million in sales this year. The platform focuses on coordinating deliveries between retailers and local couriers to fulfil e-commerce orders. The startup plans to use new capital to expand delivery coverage and invest in operational efficiency. To date, Paack has raised over $80 million in funding.