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The Venture Codex

Sand Hill East

P.O. Box 235, Basking Ridge, NJ, 07920, United States

Overview

Sand Hill East serves as trusted advisors to CEOs and Founders to help navigate them through the inevitable challenges of companies’ early stages of development. Sand Hill East brings substantial business management, operational and technical expertise to bear on companies’ products and market strategy, improving the overall value of products and companies.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
5

Sector focus

  • FinTech
  • Mobile
  • SaaS
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Investment portfolio

  • Untapt

    Participated · Equity · Nov 2016

    untapt is a New York–based FinTech technology talent marketplace that uses artificial intelligence to match technologists to new roles. Its platform supports two core products: an external digital hiring marketplace and an internal mobility product called untaptX. untaptX enables large firms to bring the hiring platform in-house to facilitate internal career advancement, provide better insights into employee pools, and reduce attrition. The company targets roughly 15 million technology professionals across the FinTech, Technology and Healthcare sectors. With the recent $2M investment round, untapt plans to enhance product lines, enter new markets, and add a west coast sales team to begin coverage of large software firms. The founders emphasize the company's AI matching engine as central to changing how tech recruitment and internal mobility operate. Untapt Inc is a New York City-based recruitment platform focused on financial services technology. Led by co-founder and CEO Ed Donner, Untapt provides an automated recruiting platform that connects financial services companies with top tech talent. The company uses a proprietary algorithm to match qualified engineers with large and small banks, financial institutions, hedge funds and startups. Matches are based on factors such as experience, skills and education overlaid with industry-specific analytics. In April 2015 Untapt closed a $3M Series A financing. Christopher Tsai and Kyle Zasky joined Untapt’s board of directors in conjunction with the funding.

  • Roomi

    Participated · Seed · Jun 2015

    Roomi operates a peer-to-peer marketplace that helps users list empty rooms and connect with potential roommates. The company launched in 2015 and reached 100,000 app downloads within its first year. Today Roomi reports around 1 million registered users and nearly 250,000 rooms listed on its platform. Management positions the product as addressing a growing preference for shared, flexible living among Millennials and Gen Z. Roomi is pursuing geographic expansion in the U.S. and internationally and is also running a crowdfunding campaign on Republic to allow users to buy shares. Financially, Roomi has raised a total of $17 million to date, including the newly announced Series A. Roomi operates a roommate-first rental-listing platform where available homes already have tenants and users can find compatible roommates. The app syncs with Facebook to surface occupant preferences (e.g., gym habits or party tendencies) and emphasizes matching people as well as places. Launched last year, Roomi has over 375,000 users across North America. CEO Ajay Yadav says the goal is to build a platform people can trust, and the company plans to work with services to incorporate stringent background checks to screen for criminal records. Roomi intends to expand internationally and positions itself as an alternative to Craigslist, Trulia and Zillow via its roommate-first approach. The business is nascent: Yadav stated the company currently does not generate revenue. Roomi is a mobile-first roommate-matching app that lets users list apartments and browse potential roommates using detailed profile questions (pet allergies, smoking habits, early riser/night owl) and in-app messaging. The service vets and verifies new users through Facebook Connect. The company operates in New York and had about 3,000 apartments listed during its beta. Roomi is currently iOS-only but plans to expand to Android, add new features and hire top talent. CEO and founder Ajay Yadav sees potential monetization through services such as paying rent online and ID and credit check verification. The app emphasizes upfront compatibility data to reduce wasted time and streamline roommate matching.

Team