Participated · Seed · Jul 2022

Quiltt builds low-code fintech infrastructure—APIs plus no-code UI modules—that enable startups and small businesses to create and integrate financial services without large engineering teams. Its platform includes integrations with providers such as Plaid, Spade and ApexEdge, and centers on a data engine and actionable APIs. The company is adding billing and subscription management and plans to let users start with white-label apps and transition to more specialized offerings while keeping the same backend. Quiltt launched a public beta aimed at startups and small businesses after working with eight customers over the past year, some of which are in production or have raised funding themselves. The company was founded by Ruben Izmailyan and Mark Bechhofer, is based in Dallas, and had operated as a lean four-person team prior to the recent financing. Quiltt closed $4 million in seed funding in the first quarter of this year after previously bootstrapping; the service is free for now but the company plans an infrastructure-as-a-service tier with fees. The new funding will be used to add engineering resources and further develop the platform.

Participated · Series A · Apr 2021

Higharc builds an AI-native platform that generates homes as 3D spatial data, enabling builders to automate design, estimating, sales and construction document workflows. Its AutoTranslate AI converts floorplan images into rich 3D spatial models to produce precise quantity estimates and shoppable 3D models. Customers across North America report outcomes such as compressing product development timelines from months or years to weeks or days, cutting time to community open by 25–50%, and increasing margin by 10–15%. Higharc announced expansion of its AI Estimating product to building materials distributors and a partnership with US LBM as part of that push. The company has received industry recognition, ranking in the Deloitte Technology Fast 500 and Fast Company's Most Innovative Companies of 2026. Following the Series C, Higharc has raised more than $170 million in total capital to date.

Participated · Seed · Apr 2020

Covered by SAGE is a modern, tech-enabled property and casualty (P&C) insurance brokerage that provides a plug-and-play agency platform to lower the financial, operational, and technical burden of building and managing an insurance book of business. The platform offers a refined product marketplace and leverages insurance APIs to give agents a more complete view of customers' unique exposures, enabling more sophisticated advisory. Covered by SAGE aims to turn agents into "super-agents," reducing reliance on years of apprenticeship and allowing agents to write policies from anywhere. The company has launched in Georgia, North Carolina, and South Carolina and is currently accepting applications from top P&C agents. Covered by SAGE closed a $6 million seed round to build its tech-powered brokerage and expand its virtual agency model. The company was founded by Rashik Adhikari while at Harvard Business School alongside Doug Rowe; Adhikari previously worked as an investor at Soros Fund Management and the company raised a pre-seed in 2018 led by Tectonic Capital.

Participated · Series A · Jan 2020

Outlier.org produces high-quality, intro-level college courses online that can be taken for credit. The company was founded and is led by Aaron Rasmussen, the former MasterClass co-founder, and launched in fall 2019. Outlier currently offers six courses (including Calculus I, Microeconomics, Astronomy and Philosophy), charges $400 per course, and runs new cohorts every two weeks while using custom student-support tools to identify and assist students who are falling behind. It aims to expand to 14 courses by the end of 2022 and has hired Anjuli Gupta to lead university partnerships, with outreach to colleges, high schools and employers. Outlier expanded a partnership with the University of Pittsburgh into a five-year agreement providing credit and academic oversight and is offering $3.8 million in scholarships to 1,000 frontline workers. The company raised a $30 million Series B this round, bringing total disclosed funding to $46 million. Outlier.org provides online entry-level college courses for transferable credit, starting with Calculus I and Introduction to Psychology. Courses are taught by professors and instructors from institutions including Yale, MIT, Columbia and Cornell and are shot specifically for online viewing. Classes include dynamically generated problem sets and one-on-one tutoring, and Outlier charges $400 per class (including textbooks and other costs). If students pass, they receive transferable credits from the University of Pittsburgh, and Outlier is extending its partnership with Pittsburgh into the spring and summer terms of 2020. In its first fall-semester classes, students achieved a C grade or better at the same rate as those in comparable traditional classrooms. Founder and CEO Aaron Rasmussen (a MasterClass co-founder) says the company will continue building more intro-level courses and expand to accommodate more students and experts to increase access and reduce student debt.

Participated · Seed · Aug 2019

Brainbase is a Los Angeles–based provider of a platform for companies to manage licensing, partnership and sponsorship agreements end-to-end. Founded in 2016 by Nate Cavanaugh, Karl Johan Vallner and Nikolai Tolkatshjov, the company offers technology for globally recognized brands to manage and monetize intellectual property. The company has recently added customers including kathy ireland® Worldwide, MDR Brand Management, BuzzFeed and Bonnier. Brainbase raised $8M in a Series A financing in May 2020. The company plans to use proceeds to build a payments feature to expedite payments from licensees and to build Marketplace to showcase, connect, and close deals with brands, celebrities, athletes and influencers entirely online. The platform targets end-to-end management and monetization workflows for licensors and licensees. Brainbase operates licensing-management and marketplace products—Brainbase Assist and Marketplace—that enable companies to manage and monetize intellectual property through licensing. Founded in 2016 by Nate Cavanaugh, Karl Johan Vallner and Nikolai Tolkatshjov, the company is based in Los Angeles, California. It announced a $3M seed funding round to support its growth. As part of the announcement Ray Hatoyama, an IP and licensing expert, will join the board to provide strategic insight. The company also made two senior hires: Andrea Adelson as Head of Growth to expand the Marketplace, and Ted Larkins as Head of Business Development to focus on Brainbase Assist. Brainbase appears focused on scaling its Marketplace and licensing-management offerings following the seed raise. Brainbase is a Los Angeles-based company building an online marketplace for intellectual property licensing and brand deals. The company positions itself as a platform to facilitate licensing transactions between rights holders and licensees. On February 20, 2019 the company announced it had raised $1M in a seed funding round. The seed round was led by Tera Ventures and included Sterling Road plus angel investors Severin Hacker, Andrew Rabin, and Hamid Barkhordar. The article did not provide operating metrics, product roadmaps, or additional financial details beyond the seed raise. The announcement appeared in a paywalled socalTECH article.