Participated · Debt Financing · Jun 2026

FINN operates a multi-brand car subscription service that lets customers subscribe to vehicles fully online with insurance, registration, taxes, and servicing bundled into a single monthly fee and flexible cancellation. The platform features more than 25 brands including BMW, Mercedes-Benz, Hyundai, BYD, and MG. FINN has grown rapidly since its 2019 founding in Munich, reaching over 50,000 active subscriptions and annual recurring revenue of more than €300 million. Reported revenue rose from €3.2 million in 2022 to €444 million in 2024, representing a two-year compound annual growth rate of 1,078%. The company employs roughly 484 people as of 2025 and plans to expand its subscription fleet, improve profitability, and continue enhancing its technology. FINN faces competition from players like Sixt+, Onto, and Free2Move and acknowledges macroeconomic sensitivity given subscription pricing versus traditional leasing.

Led · Debt Financing · Aug 2025

Founded in 2015 and based in the San Francisco Bay Area, Swing Education operates an online staffing marketplace that connects qualified substitute teachers with K–12 schools and districts. The company streamlines substitute hiring and placement through technology and support services to keep student learning on track during absences. Swing serves thousands of school districts across California, Arizona, Illinois, Texas, New Jersey, New York and Washington, D.C., and reports millions of absence days filled to date. Management says it is expanding nationwide to address acute substitute-teacher shortages and increase district coverage. To support that expansion and provide liquidity for seasonally driven demand, Swing secured a non-dilutive $20 million growth loan commitment from Runway Growth Capital. The financing is structured to support scaling while preserving equity, according to the company and lender statements. Swing Education operates an online staffing marketplace that matches K-12 schools with substitute teachers. Founded in 2015 and headquartered in San Francisco, the company pairs a technology platform with dedicated success teams to improve the substitute-teacher experience and simplify school staffing. Swing serves over 2,800 partner schools across California, Arizona, Texas, Illinois, New York, New Jersey, and Washington, D.C., and in the 2022–23 school year supported filling over one million instructional hours with substitute teachers. To date the company reports more than 300,000 absence days filled. Swing emphasizes treating substitutes better to attract more individuals to the profession and offers upskilling and pathways into teaching. It plans to use new funding to grow its substitute pool and school partnerships in existing regions and to expand into new regions in 2024. Swing Education is an on-demand marketplace that connects schools with qualified substitute teachers. The platform allows registered substitutes to access daily requests from hundreds of schools and serves a pool of both veteran educators and newcomers. Swing has growing communities of substitutes in California, New Jersey and the District of Columbia. Nearly 50% of its teachers come from under-represented communities. The company plans to use the funds to raise the prominence of substitute teaching, offer resources to promote excellence in substitute instruction and expand into new regions. Founded in 2015 and led by CEO Mike Teng, Swing is based in San Mateo, California and recently raised $15m in a Series B round.

Led · Equity · May 2025

Autobooks provides invoicing, digital payment acceptance, and accounting solutions for small businesses, fully integrated into online and mobile banking. Its platform is delivered via financial institutions and is used by banks and credit unions nationwide to help grow and retain small business relationships. The company is led by CEO Steve Robert and is based in Detroit, MI. Autobooks plans to use the new capital to support continued expansion, including its recently announced acquisition of Allied Payment Network, a provider of integrated flexible payment solutions. The article reports a $40M investment from Runway Growth Capital to support these initiatives. No operating metrics or prior funding rounds are disclosed in the article. Autobooks is a Detroit, MI-based small business payment and accounting services platform led by CEO Steve Robert. It enables small businesses to send digital invoices and accept online payments directly from their financial institution’s existing online and mobile banking channels. Through its system, financial institutions can offer back-office services and a small-business eCommerce platform embedded within their digital banking channels. In November 2021 the company raised $25M in Series B financing. The company plans to use the funds to expand operations domestically, enter international markets, accelerate product innovation, deepen engagement with large enterprise banks, and grow its team. Investors in the round include MissionOG, Renaissance Venture Capital, Detroit Venture Partners, Draper Triangle and TD Bank Group. Autobooks provides an integrated receivables and cash-management platform for banks and credit unions. The platform lets banks bundle invoicing, payments and accounting services and offer them to small-business clients. Its tools are designed to help small businesses manage cash flow and automate administratively burdensome bookkeeping tasks. The company is led by co-founder and CEO Steve Robert. Autobooks is based in Detroit and also has a presence in Austin, Texas. It recently raised $10M in a Series A1 and intends to use the funds to increase hiring. Autobooks is a Troy, Michigan-based financial technology company that builds cash management tools and payment and accounting software integrated into online banking platforms. Its platform enables banks and credit unions to offer receivables, payables, payments and accounting services to small business clients, expanding beyond basic bill pay functionality. The company is led by CEO Steve Robert. Autobooks closed a $5.5M Series A financing round to support growth. It intends to use the funds to expand its team and product offering and to increase distribution channels. The product is positioned as an embedded service within existing online banking systems for financial institutions serving small businesses.

Led · Debt Financing · Feb 2025

Piano offers an end-to-end digital experience platform that combines data architectures, AI, and commerce features to help brands and publishers identify, understand, and serve customers at scale with privacy compliance. Its platform is designed to operate at massive scale and deliver audience experiences faster than competing solutions. The company serves global, national, and local brands across six continents and maintains more than 15 offices, with U.S. headquarters in Philadelphia. Piano was founded in 2010 and has been recognized by Red Herring, the World Economic Forum, and Deloitte for its growth and innovation. The company intends to use new capital to enhance platform capabilities, expand market presence, and support strategic growth initiatives. The articles do not disclose revenue or user metrics. Piano builds analytics, subscription and personalization tools for publishers, combining paywall and subscription management with content analytics and audience-engagement features. The company works with around 1,000 customers, including CNBC, Wall Street Journal, The Economist and TechCrunch. Revenues have grown 400% since 2019 and Piano is operating at roughly a $75M annual run rate. It acquired French analytics firm AT Internet in March to better integrate cross-silo traffic, advertising, subscription and engagement data. Piano plans to expand into newsletter products and other audience-connection areas, and may pursue further M&A to consolidate fragmented capabilities. The company will use new funding to continue building its technology and to explore integrations with strategic partners. Piano provides a monetization and audience intelligence technology platform that includes a subscription commerce engine, a customer experience toolkit, and a user management system. The company serves more than a thousand premium media brands, including Business Insider, The Economist, Bloomberg, Men’s Health, AdAge, Digiday and The Chive. Led by CEO Trevor Kaufman and based in New York City, Piano employs about 180 staff across seven offices from New York and London to Rio De Janeiro. The company raised $22M in a Series B to fund continued product and service enhancements and to grow across functions, particularly R&D and client services. Piano plans to expand into new markets and sectors and is considering several acquisitions. Tinypass provides an e-commerce platform that lets content creators and publishers monetize digital content with paywalls, downloads and a variety of pricing, access and subscription options. The platform integrates with publishers' existing site infrastructure and content management systems, is free to set up, and scales from individual bloggers to multi-national publications. Tinypass reports high conversion rates across its publisher base and says it has been growing at roughly 40% month-to-month since the beginning of the year. Its client roster includes major media companies, local newspapers, online education providers, health and wellness sites, business information providers and research organizations. The company closed a $3 million financing round led by Cascabel Management and Plough Penny Partners, after previously raising $1.25 million in seed financing in 2012. Tinypass has also added senior hires — a COO, CTO and an EVP of sales & business development — which it frames as the next step in its mission to simplify digital content monetization.

Led · Equity · Jan 2025

VertexOne provides cloud-based SaaS solutions that combine customer information systems, billing and payment, analytics, and real-time customer engagement for electric, gas, and water utilities as well as energy retailers. The platform is designed to improve customer experience, revenue management, operational efficiency, and sustainability outcomes. VertexOne says it has more than 30 years of experience and serves approximately 400 customers in the cloud. The company plans to expand its market presence into electric and gas retail markets and to integrate Accelerated Innovations' MyMeter product with its existing solutions. Financially, VertexOne secured a $131 million financing commitment to refinance existing obligations, support the $32.5 million acquisition of Accelerated Innovations, and invest in platform enhancements. VertexOne provides cloud-based SaaS solutions for utilities and retail energy firms, including Customer Information Systems (CIS), Mobile Workforce Management (MWM), Electronic Data Interchange (EDI), Meter Data Management (MDM), digital customer engagement, conservation, and customer self service. Its VertexOne Complete™ SaaS offering keeps customers current with rapid technology changes so utilities can focus on core operations. The company positions itself to reduce cost-to-serve, increase operational efficiency, and improve customer satisfaction for utility clients. VertexOne has gained traction as energy and utility customers increasingly accept digital solutions. The company is private equity-backed and is using growth capital to continue expanding its market presence. Management says venture debt is an efficient source of capital alongside private equity to further its mission and market potential.