Participated · Seed · Jun 2026

Tugboat provides a consumer insurance platform that uses a multi-pass agentic AI pipeline to analyze carrier correspondence, generate denial disputes, and deliver expert-calibrated guidance to homeowners during the claims process. The company offers a free disaster-response program alongside its paid offerings. Tugboat intends to expand its product into a partner-ready platform with API integrations to major property management systems and embed distribution via multifamily owners, lenders, and restoration networks. The business was founded in 2026 by insurance adjusters Cameron Mooney and Aaron Mooney and is based in Los Angeles. The recent $3M seed raise led by ResilienceVC will fund product integration work, B2B distribution acceleration, and continued support of its disaster-response program.

Participated · Seed · Oct 2025

Developer of a consumer financial platform designed to improve credit scores and reduce interest rates for American consumers. The company's app offers a rewards-based credit builder card, installment loans, cash flow-based underwriting, automatic payments, and detailed financial analysis, enabling users to increase on-time payments and lengthen their overall credit history.

Participated · Series A · Mar 2025

Lumber offers an AI-powered construction workforce management platform that streamlines payroll, time tracking, safety, compliance, field productivity, rewards, and recognition. The platform integrates autonomous AI agents that interact with real-time digital representations of construction sites to help optimize operations and reduce inefficiencies. Examples of these agents include an HR AI Agent for hiring, onboarding and training; a Payroll AI Agent that automates wage calculations, tax deductions, benefits management and multi-state payroll compliance; and a Safety AI Agent that ensures OSHA compliance and monitors worker fatigue. Led by CEO Shreesha Ramdas, Lumber plans to use recent funding to accelerate product development and market expansion, with a specific focus on enhancing its AI capabilities and scaling customer success. The company has positioned its product to improve safety and compliance while reducing operational costs for construction firms. As of the article, the company completed a Series A financing raising $15.5M. Lumber is a Saratoga, CA–based creator of an integrated, end-to-end SaaS workforce management platform for SMB construction contractors. Led by Founder and CEO Shreesha Ramdas, the platform unifies payroll, time tracking, compliance, accounts payable, and onboarding workflows. It is empowered by a purpose-built LLM and provides productivity solutions to ensure compliance, manage labor costs, streamline the payroll process, and support informed financial decisions. The platform is available to general contractors, subcontractors, and specialty contractors who need integrated time tracking and payroll. Lumber raised $5.5M in seed funding and intends to use the funds to expand operations and its business reach. Investors in the round include Carbide Ventures, Escape Velocity, 8VC, Sure Ventures, Converge VC, Firsthand Alliance, and individual investors.

Participated · Seed · Oct 2022

Fursure is a San Francisco, CA-based provider of a pet insurance marketplace and a mobile banking solution for pet parents. Founded by Catherine Dennig and Keji Xu, the company offers a marketplace to make it easier to find and compare pet insurance policies and a Pet Rewards Debit Card. Card holders earn points on everyday spend that can be redeemed towards the cost of veterinary bills. Fursure raised $3M in a Seed+ funding round to support its growth. The company intends to use the funds to propel pet healthcare product developments and further establish itself as a financial one-stop shop for pet parents.

Participated · Seed · Aug 2022

BalkanID builds AI-powered identity governance and administration software that automates visibility into entitlements and access reviews. The company markets its product as “Identity Governance and Administration on autopilot,” aiming to simplify and autonomize core IGA workflows. BalkanID launched out of stealth in May 2022 and is based in Austin. Its leadership team includes co-founders Subbu Rama, Sameer Sait and Jeremy Patton; Rama previously co-founded Bitfusion, which was acquired by VMware. The company says its AI-heavy approach differentiates it from legacy IGA tools and manual spreadsheet-driven processes. In a seed extension announced today it raised $2.36 million, bringing total funding to $8.1 million. BalkanID plans to use the proceeds to accelerate growth, buffer against market fluctuations and capitalize on demand for its Intelligent Access Governance platform. BalkanID has developed an AI-powered Identity Governance and Administration (IGA) platform built for cloud-native environments that identifies and remediates risky entitlements across SaaS and public cloud estates. The company says its patent-pending solution leverages data science to interrogate cloud environments for inherent and residual entitlement risks. BalkanID enables IT and security teams to enforce the principle of least privilege while dynamically managing exceptions. The company announced the launch of its IGA solution alongside its seed funding. Founders include Subbu Rama (co-founder of Bitfusion, acquired by VMware), Jeremy Patton (former engineering leader at Bitfusion), and Sameer Sait (former CISO at Amazon/Whole Foods Market). The company raised seed capital to accelerate product and customer development.