• Condoit

  Participated · Seed · Apr 2024

  Condoit provides a mobile-first platform that enables electrical firms to conduct electrical infrastructure assessments, design, and analysis remotely and collaboratively during bid and project stages. Electricians use its iOS and Android app to capture photos, conduct site walks, and remotely log data, aiming to streamline field processes and reduce labor costs. The product is positioned as an electrician-first tool to save time and improve accuracy for contractors of any size. Condoit launched out of the TechStars Alabama EnergyTech Accelerator in 2020 and was founded by former commercial electrician Ian Hoppe. The company is based in Birmingham, AL. It plans to use new funding to accelerate product development, expand a national sales team, and enhance customer support and success to meet market demand. Con.doit (Arges, Inc.) is a Birmingham-based software company that maps, monitors performance, and predicts potential failures in commercial building electrical systems. Its core product is the Electrical System Record (ESR), a platform that consolidates electrical equipment records, system efficiency, safety and reliability into a digital dashboard. The ESR comprises a Collection Module, IoT Module, Failure Prediction System, Efficiency Modeling Module, and a System Analysis and Dashboard. Con.doit's offerings can be broken into electrical system mapping and monitoring, and the platform supports third-party design, insurance, and maintenance plug-ins for deeper integration. The company was founded by CEO Ian Hoppe and CTO Jim Crapia; Hoppe brings commercial and industrial electrical contracting and engineering design experience, while Crapia has 29 years as a software engineer/architect. Con.doit recently graduated from the inaugural Techstars Alabama Energy Tech Accelerator cohort and is targeting electrical engineering firms, commercial property owners, and property managers as customers.

• Neutronpay

  Participated · Seed · Sep 2022

  Neutronpay operates in the Bitcoin Lightning Network space. The company announced completion of a $1.5M bridge financing led by Axiom Capital. Previously, Neutronpay closed a $2.25M seed round in September 2022 led by Hivemind Ventures. Seed investors included Republic, Cavalry, Ride Wave, Studio, Iterative, Fulgur Ventures, and Lightning Labs. The funding news was reported by Foresight News citing Bitcoin Magazine. The article does not report revenue, user metrics, founding year, or location. Neutronpay provides Lightning Network payment infrastructure including an enterprise API and a consumer mobile app for accepting, sending and spending bitcoin over Lightning. Its services target in-person sales, ecommerce, cross-border remittance and peer-to-peer payments. The company says it is the first Lightning-focused firm with an initial focus on Vietnam’s 100m person population and plans to expand to other Southeast Asian countries. Neutronpay operates from Vancouver, BC and Ho Chi Minh City and was founded in 2018; it is led by CEO Albert Buu and COO Malcolm Weed. The company recently raised seed funding and plans to use proceeds to add headcount across departments, accelerate enterprise API development, roll out its mobile app, and invest in sales, marketing and compliance.

• HUNGRY

  Participated · Series C · Sep 2021

  Hungry operates a food-tech marketplace that sells business food solutions and hosts live and virtual experiences from local chefs and restaurants. The company was founded in 2017 by Eman Pahlavani, Shy Pahlevani and Jeff Grass and is based in Washington, DC. Hungry runs operations across numerous U.S. cities including Atlanta, Austin, Boston, Chicago, Dallas, New York, Los Angeles, Oakland, Philadelphia, Salt Lake City, San Francisco and San Jose. The company recently acquired snacks brand NatureBox. Hungry is valued at $270m and says it will use new funding to drive continued growth and achieve full operational profitability. The product mix centers on marketplace transactions and experiential offerings from local food providers. Hungry is a technology-enabled marketplace that offers curated experiences to groups and businesses across the U.S. Its offerings include catering, chef pop-ups, snack packs, virtual cooking experiences, and food delivery services. The company operates in Philadelphia, Atlanta, Boston, New York City, Austin, Dallas and Los Angeles. Hungry closed a $21M Series C to fund expansion. Management intends to use the capital to accelerate geographic and service-based expansion, beginning with launches in Los Angeles and the San Francisco Bay Area in September. The company positions itself at the intersection of food service and experience-driven corporate offerings. HUNGRY operates a technology-enabled marketplace focused on the $60 billion business and events catering market, offering curated experiences for groups and companies across catering, chef pop-ups, snack packs, virtual cooking and delivery. The company emphasizes diversity, equity and inclusion across its staff and chef network, reporting approximately 73% more minority workers and 111% more minority managers than the average U.S. business; women make up 52% of staff and ~45% of its chef network, with minorities accounting for nearly 64% of that network. HUNGRY says it will leverage new capital from its recent investment to improve hiring and training practices so employees can develop skills and execute at a higher level. The company has donated more than half a million meals and runs Food Solutions programs to reduce waste. HUNGRY has received recognition on lists including Forbes' "America's Best Startup Employers of 2021," Fast Company's "Most Innovative Companies 2021," and Forward Fooding's "FoodTech 500." Founded in 2017, HUNGRY is headquartered in Washington, D.C., with operations in Philadelphia, Atlanta, Boston, New York City, Austin and Dallas. Hungry operates a marketplace that connects businesses with screened independent chefs who cook out of ghost kitchens and have food delivered by Hungry's team. The company has built a network of chefs in Washington, D.C., Philadelphia, Boston, New York and Atlanta and serves customers including Amazon, E-Trade, Microsoft and BCG. Hungry emphasizes a lower cost structure than restaurants while maintaining high-quality dishes produced by top chefs. The startup also runs a charitable program that donates one meal for every two sold and has donated nearly 500,000 meals to date. CEO Jeff Grass and co-founders Eman Pahlavani (COO) and Shy Pahlavani (president) launched the business after working together at their prior startup LiveSafe. The company plans to use new funding to expand into additional markets and aims to be in 23 cities by the end of 2021. Hungry operates a digital marketplace and logistics platform that enables independent chefs to sell cuisines directly to corporate customers and event clients, targeting the $25 billion business and events catering market. The platform features chefs including former White House chefs, Chopped champions, Food Network chefs, and celebrity personal chefs. The company plans to use the new funding to continue investing in its digital marketplace and logistics capabilities and to accelerate expansion into new U.S. markets. Founded in late 2016 by Eman Pahlevani and Shy Pahlevani and led by CEO Jeff Grass, Hungry currently operates in Washington, D.C., and Philadelphia. The company has raised a total of $12.5M to date and intends to deploy capital to drive growth and market penetration.

• Sentieo

  Participated · Series B · May 2021

  Sentieo offers a cloud-based research platform that combines AI-driven document search, an integrated equity data terminal, modeling tools, and a research management system for executives, investment analysts, and researchers. Its AI capabilities include natural language processing for sifting millions of documents, automated summarization, categorization, sentiment analysis, KPI extraction, and model creation from filings. The integrated terminal provides historical financials, consensus data, M&A data, pricing, charts, public and private comparables, filings, transcripts, news, and profiles for over 980,000 private companies. Sentieo reported "record" revenue in 2020 and says it serves more than 1,000 customers, including about 800 institutional investment firms and multiple Fortune 500 corporations such as Schroders, Magellan Asset Management, and Roivant Sciences. The company says it will use new funding to expand market reach and grow its workforce. CEO David Lichtblau framed the product as a replacement for hard-to-use point solutions that slow competitive insight discovery. Sentieo is a fintech SaaS investment-research platform that uses machine learning and natural language processing to scan SEC filings, earnings transcripts and other documents, overlaying those sources with alternative data like web traffic, app downloads and Twitter chatter. The product includes a document search and synonym library, real-time pricing, an annotation-enabled Notebook, and visualizations that let users correlate signals (for example, search trends or sentiment) with stock performance. Sentieo ingests roughly 25 million documents, 50 data feeds and coverage of about 64,000 equities, and maintains a 65-person India-based engineering team as part of a 160-person company. Its customer base is about 700 clients, including top hedge funds, mutual funds, Fortune 500s and investment banks; licenses sell for roughly $500–$1,000 per month. Sentieo positions itself as an alternative/adjunct to legacy terminals like Bloomberg and data providers such as FactSet and Thomson Reuters, aiming to be a research management system tailored to professional analysts. The company plans to ramp sales and marketing following its recent fundraise to increase name recognition among traders and institutional users. Sentieo is a cloud-based financial research platform that organizes the world’s financial information to enable investment teams to search data, manage documents, and collaborate in a secure platform. The system processes over 20 million financial documents from more than 64,000 global companies and uses natural language processing algorithms to deliver information in seconds. Its integrated research management system streamlines search, document management, and collaboration for financial teams. The company serves over 450 clients, including five of the world’s top ten hedge funds, Fortune 500 corporations, investment banks, and other asset managers. Sentieo has over 130 employees across San Francisco, New York, and New Delhi. Following a $6m funding round, the company plans to expand its platform offerings and accelerate global growth.

No current team members are available.