Led · Seed · Nov 2022

ProsperStack provides a low-code, drop-in cancellation flow that integrates with billing systems to automate the entire retention process for subscription businesses. By adding a few lines of code, its solution connects billing systems with integrated and optimized tools, offering immediate ROI through setup and support. The company serves customers across SaaS, newspaper, digital media, publishing, marketing, advertising, and IT & telecommunications verticals. Notable customers include Hootsuite, Roll20, SwingU, and Soundstripe. In October 2022 ProsperStack raised $2M in Seed funding to support growth. The company intends to use the funds to accelerate growth and expand its business reach and development efforts.

Participated · Series A · Jan 2022

CoPilot Systems operates a virtual fitness platform that connects personal trainers (who are employees) with clients for remote strength-training coaching. The company pivoted from individual training-metrics tools to a trainer-client platform prior to the pandemic, which accelerated demand for its service. CoPilot employs its trainers and provides benefits including insurance coverage and a 401(k) match, distinguishing it from typical 1099 trainer models. The startup saw revenue grow roughly 18x in 2021 and is targeting at least a tenfold increase from its current revenue. Planned uses of new capital include hiring senior executives (including a VP of business development), expanding technical and business functions, launching an Android app, and moving beyond fitness into nutrition.

Participated · Series A · Jan 2022

CoPilot offers a subscription app that pairs users with a dedicated remote coach who builds custom fitness plans and guides workouts asynchronously via chat, audio prompts and device-based motion feedback. The service is available on Android and iOS and costs $99 per month. The platform has seen more than 1.5 million workouts completed and matches users to one of its 55 coaches. CoPilot emphasizes human coaching over AI chatbots and uses technology (including Apple Watch motion data) to recreate the feel of an in-person coach and provide form feedback. The company plans to continue investing in its coaching technology to detect nuanced form issues and count reps, and to expand beyond strength training into nutrition, physical therapy and mental health. CoPilot was founded in 2019 by CEO Matt Spettel and CTO Gabriel Madonna and is based in Pittsburgh. CoPilot matches every client with a dedicated 1-on-1 coach tailored to their fitness and nutrition needs, offering personalized workout programming and nutrition guidance. Clients get unlimited access to coaches via messaging and video calls for a flat $99/month, with the company stressing the emotional support, accountability, and motivation that relationships with coaches provide. CoPilot’s diverse coaching staff is positioned to guide users through habit formation, healthier eating, and confidence-building. The company reported 1,800% growth over the past year. CoPilot raised a $6M Series A (bringing total funding to $10M) and plans to use the capital to accelerate growth. Planned uses include tripling headcount, expanding marketing, adding Android compatibility and in-depth nutrition tracking, and hiring a VP Growth.

Participated · Seed · Dec 2021

Stere operates a capacity trading platform and a library of Capacity APIs to improve connectivity between insurers, reinsurers, MGAs, brokers and embedded partners, enabling faster speed-to-market and scalability. Its capacity selection engine pairs human intuition with technology to cut carrier and reinsurer scouting time by at least 50% and to streamline post-placement steps. The company works with reinsurers to digitize processes and make capacity placement easier and faster. Stere has signed 50+ MGAs (representing more than $1.5 billion in annual premium) and has helped 20+ embedded insurance partners access capacity. It recently opened a Latin America regional office that closed deals with 15 organizations and secured $2 million in contracted revenue. The company plans to use new funding to expand its trading platform and continue building tech-driven solutions for capacity sourcing and embedded insurance partners. Stere operates a digital ecosystem that connects capacity seekers (MGAs, program administrators, embedded insurance platforms) with capacity providers (insurers and reinsurers) to streamline speed-to-market and capacity sourcing. The platform uses data analytics to create a vetted, smart underwriting pipeline and to help program leaders find optimal fits with capacity providers. Stere reports more than 40 MGAs on the platform representing $1.2 billion in annual premium and has closed three embedded insurance deals. The company says its tools accelerate launch times and improve profitability for MGAs and capacity providers. Stere plans to use recent funding to grow staff, enhance its analytics offerings, expand its MGA and embedded insurance footprint, and launch new APIs to improve integrations. The company was formed in 2021 and is based in New York.

Participated · Equity · Nov 2021

WorkTorch operates a service-industry career platform that offers job postings, candidate screenings, scheduling features, candidate matching, and talent-management tools. The company is led by Deborah Gladney and Angela Muhwezi-Hall and is based in Wichita, Kansas. WorkTorch reports a roster of over 40,000 service-industry applicants actively looking for jobs and more than 60 paying corporate clients, including mid-size and national service companies such as Dunkin’ Donuts and Homewood Suites by Hilton. The platform is used by employers for hiring and talent management across the service sector. The company plans to expand its city footprint using new funding to enter multiple new markets. QuickHire is a career discovery platform focused on connecting service workers with job and advancement opportunities. The company officially launched in April 2021 and is run by co-founders Deborah Gladney and Angela Muhwezi-Hall. QuickHire serves over 60 paying clients, including Fuzzy’s Taco Shop and Homewood Suites by Hilton, and has more than 11,000 job seekers on the platform. The business is growing amid a prolonged tight labor market in the service industry and currently targets the Wichita and Kansas City metro areas. Management plans to expand across the Midwest and add skilled-labor verticals in 2022. QuickHire recently raised financing to invest in technology and expand its team.