Participated · Series A · Dec 2018

Allbound provides a next-generation PRM platform that simplifies onboarding, training, measurement, and growth for indirect sales partners, automating delivery of marketing content, sales tools, and training across the pipeline. The company says customers have sold more than $100 billion through its platform and that it has shortened sales cycles by over 60%. Allbound reports over 300% growth in annual recurring revenue since 2019. Its customer roster includes Box, Gainsight, and GE. Management plans to use newly raised capital to accelerate investments in sales and marketing and to fund further enhancements to the PRM product. Forrester estimates the channel software market will grow from $3.2 billion in 2022 to $5.7 billion by 2026 at a 15% CAGR, and Allbound says it is outgrowing that market. Allbound provides a SaaS Partner Relationship Management (PRM) platform that enables companies to build partner programs focused on partner enablement, communications and pipeline management. The platform works as a layer in a company’s technology stack by integrating with tools companies already use, such as their CRM. The company raised $3.61M in a Series A led by Canal Partners, bringing total funding to date to $7.4M. Allbound says it intends to use the funds for product enhancements. The Series A included participation from KLH Venture Partners, Tallwave Capital, Arizona Founders Fund and Stout Street Capital. Jim Armstrong, founder and CEO of JDA Software, will join Allbound’s board and Wain Kellum will join as Executive Chairman.

Participated · Series A · Nov 2018

Attribytes offers a SaaS platform that enables foodservice suppliers and distributors to collect, share and manage product and sales data. The platform provides distributors with comprehensive product information and analytics to identify problems and opportunities, while suppliers can see how their products are displayed on distributor point-of-sale systems and who is buying. The company reports its system is used by over 8,500 foodservice manufacturers and distributors. Led by CEO Mike Kovarik and based in Chandler, Ariz., Attribytes plans to use new funding to expand its team. It intends to add up to 15 people focused on sales and further product development.

Participated · Series B · Aug 2018

SOCi is a San Diego, CA-based provider of a marketing platform for multi-location brands that helps businesses scale localized marketing across all digital channels. Led by Afif Khoury, the platform is brand-directed, locally perfected, and data-connected. It uses advanced AI and machine learning to provide actionable insights and recommendations while automating time-consuming marketing tasks for hundreds or thousands of locations. SOCi helps businesses strengthen their digital presence across local search and social pages and protect their online reputation. The platform is used by more than 700 multi-location and enterprise businesses totaling over three million locations. The company raised $120M and intends to use the funds to invest in a line of AI marketing products and to expand into new markets. Soci offers a comprehensive localized marketing platform that lets national and global companies coordinate individual stores' presence across search, social media, review platforms and ad campaigns. The platform enables national marketing teams to share content and assets so locations maintain a consistent corporate personality while expressing a local personality. Customers include Ace Hardware, Anytime Fitness, The Hertz Corporation and Nekter Juice Bar. In 2020 Soci added more than 100 new customers, representing nearly 30,000 new locations. CEO and co-founder Afif Khoury said the company consolidated local marketing workflows to avoid multiple logins and that the pandemic accelerated demand. Soci plans to expand the platform through acquisitions and integrations to connect CRM, point-of-sale and rewards data with search, social and reviews. Soci provides a centralized platform for multi-location marketers to post content, share assets, respond to reviews and comments, manage ad campaigns, and maintain brand consistency across hundreds or thousands of local pages. The product integrates with roughly 40 different APIs where businesses converse with customers, with Facebook cited as the most prominent channel. Soci has incorporated AI to power chatbots that move social engagement downstream to calls, sales, or other locally relevant outcomes. Customers include national chains such as Ace Hardware and Sport Clips. The company was founded in 2012 and has spent years building a broad platform rather than a point solution. Financially, the company has disclosed having raised around $30 million in total funding and completed a new Series C that the company said would fund further AI development and expansion of its sales and marketing teams. Soci emphasizes a consultative, locally present sales approach to serve complex enterprise customers. SOCi offers an enterprise marketing technology platform that enables multi-location companies to manage local social media and reputation at scale. Led by CEO Afif Khoury, the company’s proprietary solutions are used by more than 250 clients representing over 50,000 business locations. SOCi helps clients oversee and protect their brand at the national level while scaling presence across hundreds, sometimes thousands, of local pages on sites such as Facebook, Instagram and Google My Business. The company closed a $10.5M Series B to accelerate adoption of its platform among multi-location brands. The funds are intended to expand platform adoption across its target customer base. SOCi is headquartered in San Diego, California. SOCi provides brands and digital marketing agencies with a SaaS platform to manage hundreds or thousands of social media pages. Its platform offers content discovery, asset management, peak-time scheduling, customer care, lead-generation, reporting and analytics, reputation management and other features. SOCi is fully integrated with major social networks and reputation platforms including Facebook, Twitter, LinkedIn, Google+, Instagram and Yelp. The company was founded in 2012 by Afif Khoury (CEO) and Warren Kay (CRO) and is based in San Diego, CA. SOCi closed an $8.5M Series A financing and intends to use the funds to increase sales and marketing efforts and to expand technology development.

Participated · Series A · Mar 2018

Redeam enables attractions to accept paper vouchers and mobile tickets from any reseller using a low-cost, tablet-based validation platform. The company completed a $12M Series B financing. The Series B was led by Vertical Venture Partners and Thayer Ventures. Existing investors Peninsula Ventures and Cobre Capital participated, and new investor Boulder Ventures joined the round. The raise and company information were reported from Broomfield, CO. No operating metrics or future plans were disclosed in the article. Redeam provides tours and attractions businesses with an integrated mobile- and tablet-based solution that scans and validates vouchers from any reseller and instantly issues a scannable ticket. The product lets suppliers process third-party-distributed vouchers in real time and supports mobile ticketing workflows. Redeam charges suppliers a fee on each voucher processed as its revenue model. The company serves more than 200 customers, including CitySightseeing/Gray Line New York, Ripley’s Believe It or Not, National Geographic Encounter: Ocean Odyssey and the Metropolitan Museum of Art. Led by CEO and co-founder Kevin McLaughlin, Redeam plans to use the new funding to grow its team, expand product offerings, and increase sales and business-development efforts. The company is based in Boulder, Colorado.

Participated · Equity · Aug 2017

Emailage offers a Software-as-a-Service solution that delivers real-time risk intelligence by leveraging the email address as a unique global identifier. The company combines vast email transaction history, machine-learning algorithms, and positive and negative data to produce a predictive risk score for use in transactions, new account sign-ups, customer account maintenance and marketplace listings. Emailage says it helps hundreds of customers worldwide, including major retailers, airlines, PC manufacturers, credit card issuers, marketplace lenders, money transfer providers and travel websites. This year to date, the firm has analyzed nearly $100 billion in transaction volume and identified over 17 million high-risk transactions. Emailage plans to use the new funding to expand existing partnerships, further advance its email address–based predictive scoring system, and accelerate growth across North America, EMEA, LATAM and other key markets. Founded in 2012, Emailage has offices in Phoenix, London and Sao Paulo. Emailage Corporation is a US-based fraud prevention startup. Its business centers on fraud-prevention services, as described in the article. Wipro Ventures, the venture capital arm of Wipro Ltd, has picked up a minority stake in the company. The transaction was announced in a stock market disclosure. The article does not provide details on the investment size, valuation, past rounds, founding year, or operating metrics. Emailage is a fraud-prevention solutions provider that leverages email addresses to predict valid transactions and flag fraudulent ones. Its platform also protects against other fraud types, including account opening and account takeover. The company serves customers in financial services, airlines, ticketing, bitcoin, digital rights and e-commerce. Emailage is led by CEO Rei Carvalho, was founded in 2012, and has offices in the U.S., U.K. and Brazil. It secured $3.8M in funding and plans to use the proceeds to grow in international markets.