
Structural Capital
800 Menlo Ave Suite 210, Menlo Park, CA, 94025, United States
Overview
Structural Capital is an investment firm providing growth credit loans to venture capital and private equity-backed companies in the technology sector at all stages of development. Founded in 2014, Structural Capital provides flexible financing solutions to high-growth sponsor-backed companies seeking a less dilutive source of expansion capital. Structural offers a unique and differentiated approach to credit investing stemming from its deep understanding of companies, industries, and relationships with equity sponsors which allows it to provide both competitive tailored financing and value added portfolio company assistance.
- Total investments
- 5
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 5
Investment portfolio
- Interos
Led · Equity · Jan 2026
Interos.ai is an AI-powered supply chain and risk intelligence platform that helps commercial enterprises and U.S. federal agencies identify and mitigate disruptions across global supplier networks. Founded by Jennifer Bisceglie and headquartered in Arlington, Virginia, the software continuously ingests multi-tier supplier data and applies predictive analytics to surface operational, financial, and geopolitical risks. Current customers include Cooper University Health Care, Vantage Data Centers, TD Bank, the Defense Logistics Agency, and the U.S. Navy, illustrating adoption across both private and public sectors. By combining artificial intelligence with real-time analytics, the company positions itself as a critical tool for strengthening supply-chain resilience and ensuring business continuity. With fresh capital, Interos.ai plans to pursue a product-led growth strategy and further enhance its predictive analytics capabilities. The article did not disclose revenue, user, or other operating metrics.
- DICE
Participated · Equity · Aug 2023
Dice operates an event discovery and ticketing platform that focuses on live, in-person events (primarily music) and charges fees to event organizers. The company reports serving “millions” of fans, 55,000 artists and more than 10,000 venues, festivals and promoters across roughly 30 cities. Dice emphasizes first-party discovery data (with limited use of Spotify/Apple scanning) to power personalized recommendations, which account for almost half of ticket sales. It acquired Boiler Room, which the CEO says has been a success as both a broadcaster and IRL event producer. The company is building forecasting and data tools for artists, venues and promoters, with plans to roll more business tools out next year. Dice has largely wound down pandemic-era live streaming activity to refocus on live events. Dice is a mobile-first event discovery and ticketing platform that focuses primarily on live music and curated cultural events, offering discovery, secure digital ticketing and community features. The company built its own dataset and recommendation algorithms to drive discovery, which accounts for more than 40% of tickets sold on the platform. Dice also provides analytics to venues, artists and promoters and uses mobile-based ticketing to limit reselling and counterfeiting while enabling venue-approved resale. During the pandemic Dice pivoted to livestreaming and has run some 6,400 livestreamed events alongside thousands of in-person events; it works with over 3,600 venues. The company reports high localized attendance for in-person shows (about 80–85% of tickets sold to people in major cities) and broader reach for livestreams (only 39% from major cities). Dice plans to expand its geographic footprint with a special focus on the U.S. and to continue innovating on livestreaming and hybrid broadcasting. Dice is a mobile ticketing platform that curates gigs and sells mobile-tied tickets without booking fees, with a focus on helping millennials discover live music. Its app combines human curation and machine-learning recommendations to surface suitable events and a shortlist of suggested gigs. The product includes a waitlist and anti-tout technology and is used by over 700 artists with around 1,400 UK gigs listed; Dice says its app is on roughly 40% of millennials' phones in London. The company employs about 42 people and reports "eight figures" in ticket sale transactions to date, while not yet actively monetizing beyond some sponsored gigs. Planned product work includes a fuller discovery feature and a ticket-transfer function; the team is also preparing international expansion (Dublin next, with a U.S. launch planned) and eyeing other verticals such as theatre and sports. Dice is a mobile-only ticketing app that sells gig tickets at face value with no booking or card transaction fees, tying tickets to buyers' devices to deter touts. The company was founded last December by two co-founders of ustwo alongside music executive Phil Hutcheon and is incubated at ustwo while remaining a separate company. Dice emphasizes curated, editorially selected gigs rather than an exhaustive listings approach and uses user interest data to power personalized recommendations. The app launched in London (Shoreditch/ustwo offices) and prioritizes populating top local shows, with plans to expand city-by-city next year including potential moves to New York and other markets. The team positions monetization as freemium and data-driven (selling additional goods/services and business intelligence), though specific revenue models were not publicly detailed. Dice has secured operational support and product/design resources from ustwo and processes payments via Stripe.
- Sovrn
Participated · Series C · Jul 2022
Sovrn operates a multi-solution publisher technology platform delivering advertising technology, affiliate monetization tools, reader engagement measurement, and privacy-compliant data enrichment. Led by CEO Walter Knapp and based in Boulder, Colorado, the company provides tools for content creators to understand, operate and grow their businesses. Its affiliate suite includes link creation, commerce comparisons, shopping galleries and access to thousands of merchants, while its advertising stack focuses on inventory management and reporting. Since a previous $26M raise in December 2018, Sovrn has acquired three companies, expanded its product portfolio, increased headcount by more than 50% across the US, UK and EU, and added thousands of active customers. Those customers generate hundreds of millions of dollars in annual revenue using Sovrn’s products. The company plans to use new funding to pursue additional acquisitions and to develop products and services that expand its platform capabilities. sovrn is an ad tech company and partner to almost 50,000 websites on the independent web, offering tools and services to help publishers understand audiences and monetize through programmatic advertising. The company processes about one billion ad transactions every day across its publisher network. sovrn positions itself as an advocate for independent publishers and supplies analytics, growth and engagement tools alongside monetization services. Management plans to use new capital to accelerate both organic expansion and inorganic growth opportunities. Financially, sovrn reported year‑over‑year revenue growth of 90% in the second quarter and has delivered four consecutive quarters of positive EBITDA. The company is headquartered in Boulder, Colo., with offices in Denver, San Francisco and New York. Lijit Networks builds custom site search and advertising solutions for online publishers, operating a programmatic advertising services platform and publisher network. Its network includes more than 17,000 websites, about 1.5 billion pageviews per month and over 106 million unique visitors per month. The company reports that transactions on its advertising services platform have grown 74% since Q4 2010. Lijit was founded in June 2006. The article reports the company has raised $28.3 million to date. No future product plans are specified in the article. Lijit Networks supplies search and content-discovery tools to individual publishers, commercial websites and content networks to surface reader intent, behavior, content and demographics. Its products aim to enhance engagement, lengthen time on site and increase page views. The company launched an Advertising Services platform which it plans to accelerate with new capital. The recent financing will also support growth of Lijit’s publisher network. Lijit is incorporated in 2006 and is based in Boulder, CO. To date the company has raised $17M in total capital.
- Urgently
Participated · Debt Financing · Dec 2021
Urgently operates a Smart Mobility Assistance Platform that combines location-based services, real-time data, AI and machine-to-machine communication to power digital roadside and connected mobility assistance solutions. The company serves automotive, insurance, telematics, fleet, logistics and new mobility partners and claims more than 50 operating partners and a Service Provider Network of 80,000+. Urgently’s platform focuses on delivering transparent, high‑satisfaction assistance experiences and enabling partners to offer connected roadside services. The company plans to use recent financing to accelerate connected assistance product development, strengthen service provider solutions and expand its U.S. consumer and aftermarket roadside assistance membership footprint. Leadership frames the capital as support for transforming the legacy roadside market and defining a new market for connected mobility assistance services globally. Urgent.ly operates a marketplace-style app that connects car owners to tow trucks and other roadside services, showing the service fee upfront and handling payments in-app. The company does not charge annual membership fees, instead matching users with nearby service providers much like Uber or Lyft. Urgent.ly is positioned to scale beyond individual consumers to large fleets, offering an attractive integration point for OEMs and fleet operators. As electric vehicles proliferate, the company sees growing demand for services such as mobile charging. BMW has engaged Urgent.ly as a vendor partner for its BMW Assist roadside and extended mobility services in the U.S., reflecting OEM interest in its platform. The product emphasis is on providing a modern, digital alternative to legacy roadside assistance models. Urgent.ly operates a SaaS-based digital roadside assistance platform that leverages location-based services, real-time data, AI and machine-to-machine communication. The platform serves automotive, insurance and transportation-related verticals. In addition to U.S. operations, Urgent.ly powers roadside assistance programs for companies in Europe and Australia. Led by CEO Chris Spanos, the company positions its Roadside as a Service™ product for enterprise customers. The company said it will use the new funding to expand the global reach of its platform. A board appointment tied to the investment (James Micali of American Tire Distributors) will increase strategic connectivity with distribution partners. Urgent.ly operates an on-demand roadside assistance platform that connects drivers to approved service providers via a mobile app, providing realtime tracking, upfront flat-rate pricing, and cashless payment. The service covers tows, tire changes, fuel delivery, jump starts and lock-outs and includes automatic accident-detection alerts and a FamilyView feature for caregiver visibility. Urgent.ly positions itself as a cost-effective alternative to subscription auto clubs and emphasizes faster, more transparent service. The company reports over 200,000 drivers have used its service and it distributes access through integrations with mapping and connected-car platforms such as AT&T Drive, MapQuest, Mojio and others. Management says the business will use new capital to rapidly scale and expand its nationwide operations and deepen strategic partnerships. Urgent.ly operates a platform that connects motorists to roadside assistance providers through its iOS app and mobile web (m.urgent.ly), enabling users to locate and connect with nearby, available help for breakdowns, lock-outs, flat tires and empty gas tanks. Led by co-founder and CEO Chris Spanos, the company has built a network of more than 160 roadside assistance vehicles in the greater Washington, DC area. The company raised $1.2M in a Pre-Series A round and has nearly $1.8M in total funding to date. Urgent.ly plans to use the funds to accelerate growth throughout the greater Washington, DC area and to prepare for expansion into other markets. The platform emphasizes verified providers and real-time availability for motorists. Its core product is a mobile-first dispatch and marketplace connecting drivers with nearby service providers.
- IMVU
Participated · Equity · Jan 2021
IMVU is an avatar-focused virtual social network that lets users create virtual rooms and interact using custom avatars. The platform supports user-generated products and has been described by some as a dating platform. IMVU has launched Vcoin, a service that lets users buy, gift, earn and convert a digital asset from the IMVU platform into fiat, and is developing a new product called WithMe. The company was reorganized under a new parent, Together Labs, which will oversee IMVU, Vcoin and other virtual services. In 2020 IMVU recorded over 7 million monthly active users, 400,000 products created per month, and a footprint in more than 140 countries. IMVU has raised over $77 million from five rounds and recently secured new capital to fund further product development. IMVU operates a 3D chat virtual world that lets users create and customize avatars with clothes, accessories, pets and scenes. The service monetizes primarily through the sale of virtual currency and virtual goods. The company reports 30 million registered users and generates over $1 million in revenue per month, with 90% of revenue from virtual goods such as clothing, room decorations, and hairstyles. IMVU says it will use new funding to simplify and improve its user interface and to enhance user benefits and features. Based in downtown Palo Alto, the company emphasizes rapid development and testing and has a team with deep experience in games and virtual worlds. Its business model focuses on product monetization rather than relying on advertising.