Participated · Series A · Feb 2024

Hellohive is a resume and recruitment platform focused on reducing hiring bias by creating a virtual community that connects employers and candidates from underrepresented or socially marginalized backgrounds. The app hosts virtual networking programs and lists clients including Goldman Sachs, American Express and Morgan Stanley. It offers coaching services, a course model to prepare candidates for recruitment, and a workflow where candidates express interest through the app to begin hiring conversations. Byron Slosar founded Hellohive in 2019 after a decade in undergraduate career services and recruiting; the product emphasizes skills and holistic evaluation over school or past employers. The company announced a $3.4 million Series A led by the Tisch Family and has raised $9 million to date. Hellohive plans to use the new capital to expand its executive team, enhance its technology, and reach new potential clients as companies shift away from DEI commitments.

Led · Seed · Apr 2022

Kwant AI provides a platform that deploys smart-wearable badges and equipment trackers to monitor tradespeople, materials, and equipment across construction, mining, manufacturing, and critical infrastructure sites. The company uses deep learning to deliver accurate x, y, and z positioning of workers and assets and applies AI to group unstructured data and detect patterns across thousands of project data sets. Those insights are used to generate quality recommendations for road mapping and project execution. Kwant supports customers and partners including Delta, DPR, Walbridge, Moretenson, Gilbane, Paric, McCarthy, Alberici, Comcast, and Wesco, serving projects with a portfolio value of over $60bn. The solution is proven in large deployments such as new airports and EV factories, with more than 10,000 construction workers using the technology daily. The company raised $3.9M in seed funding and intends to use the proceeds to facilitate customer expansion, scale the platform, and hire staff.

Led · Seed · Jan 2021

driverDOC is a cloud-based supply-chain SaaS startup that improves the driver experience via a low-touch Android and iOS app. The platform digitizes paperwork and automates data aggregation to provide real-time ETA, location visibility, digital documents and integrated shipment data to the entire supply chain, with a five-minute adoption. It targets the large portion of the trucking industry that still relies on paper and manual processes—an estimated 97% of companies have fleets of 20 or fewer trucks—aiming to reduce invoicing delays, wait times and unsafe in-cab communications. driverDOC plans to use new funding to accelerate growth and evolve the platform to ensure drivers' health while in transit and further reduce distractions in the cab. The company has partnered with Truckers Against Trafficking and will add features to help trucking companies and drivers become TAT certified. Founded in 2019 by Josh Kolar, driverDOC emphasizes integrating driver-collected data into the back office to simplify logistics and improve shipment visibility.

Led · Seed · Oct 2020

Micronic Technologies develops Tornadic One-Pass™, a Zero Liquid Discharge water purification system that cleans water from virtually any source in one pass without membranes, filters, or chemicals and meets federal and state standards. The technology is touted to reduce wastewater volume by 95% and remove over 99% of contaminants. Micronic targets multiple use cases including oil & gas, mining, agriculture, food and beverage, pharmaceutical industries, and municipal landfills. The company is woman-led and based in a Southwest Virginia Opportunity Zone and aims to commercialize the technology and create high-paying manufacturing jobs in the region. Micronic previously received a Virginia Founders Fund seed financing in 2019 and is pursuing broader commercialization and regional impact. The team and investors emphasize the environmental and economic benefits of on-site treatment and reuse enabled by the technology. Micronic Technologies develops MicroEVAP, a water purification system that removes virtually all contaminants and produces potable water in one pass without membranes, filters, or chemicals. The company says MicroEVAP can reduce wastewater volume by 95 percent, remove most contaminants by 99 percent, and is projected to cost 65 percent less than competing technologies. Micronic will use the investment from CIT’s Virginia Founders Fund to finalize the design and fabrication of its flagship product. The technology has already been tested with potential customers and demonstrated efficient purification of contaminated water sources. Micronic is executing a second development grant with the Tobacco Region Revitalization Commission, and this investment qualifies as a match for that grant. The company plans to place MicroEVAP at the EPA’s National Risk Management Research Laboratory for evaluation and to run customer pilot sites.