Led · Seed · Nov 2023

GreyScout is a SaaS platform for online brand protection that safeguards brands from grey market activity and counterfeit selling. The platform programmatically monitors ecommerce channels to proactively identify intellectual property infringements and grey market vendors. It supports detection, verification, and enforcement workflows to help brands remediate violations. The company is trusted by clients including Nestle, Bayer, Netgear, Mayborn, and Dorel Maxi‑Cosi. In November 2023 GreyScout raised €3.5M in a seed round, bringing total capital raised to €4.5M, and plans to use the funding to expand its product, engineering, and platform capabilities. Founded in 2020 and based in Dublin, Ireland, GreyScout aims to meet growing demand for automated brand protection across ecommerce channels.

Participated · Series A · Jun 2022

&Open is a corporate gifting platform that enables brands to send gifts remotely to customers, employees, prospects and partners. The company offers an Enterprise solution with annual contracts and SaaS fees and has launched &Open On-Demand, a pay-as-you-go gifting marketplace for SMEs. &Open says gifting can increase brand loyalty and has positioned its product to address remote work and retention challenges highlighted by the pandemic and the “Great Resignation.” Clients include Airbnb, Peloton, Spotify, Hopin, Intercom, Wayflyer and BetterUp. The company was launched in 2017 and now has a presence in Ireland, the U.K. and the U.S., with plans to open a New York City office in the next year. Financially, &Open has raised a $26M Series A and has $33.2M in total capital raised to date. &Open provides a platform to help brands send physical gifts at scale, handling an operation many marketing teams manage on spreadsheets. The company says it delivers more than 3,500 gifts each week and counts customers such as Airbnb, Spotify and Peloton. &Open argues thoughtful gifting drives customer advocacy, citing a study that emotionally connected customers create 306% higher lifetime value. Founded in 2017 by Ciara Flood, Jonathan Legge and Mark Legge, the team brings retail and gifting experience. The startup claims traditional branded merchandise, vouchers and loyalty programmes don’t work and positions its service as a better alternative. The $7.2M seed will be used to scale the business into Europe and the U.S.

Participated · Series A · Apr 2022

Conjura offers an AI-driven e-commerce data analytics platform that combines data from fulfillment, warehousing, supply chain, online/offline sales, marketplace transactions, and customer metrics into a single cloud-based solution. Its platform provides real-time analysis, benchmarking, company reporting, and data science to deliver automated insights and recommendations across all aspects of e-commerce. Conjura integrates with leading e-commerce tools to give businesses a scalable, fully integrated data infrastructure and a 360-degree view of operations. The company serves fast-growing brands such as CurrentBody, Naturecan, Wild, Carbon Theory, Saint+Sofia, Percival, and CleanCo. Conjura plans to use the new capital to enhance its multi-product e-commerce solutions and broaden its UK and Ireland operations while expanding into several international markets.

Participated · Series A · May 2021

Payslip operates a Global Payroll Control Platform that standardises, automates and scales payroll operations for multinational organisations, integrating with HCM, accounting and ERP systems to enable centralised control and real-time visibility. The company has embedded its Payslip Alpha AI suite directly into payroll workflows to identify anomalies, standardise inputs and adapt across jurisdictions, claiming up to 55% efficiency gains for customers. Payslip automates over 1.3 million monthly payslips across more than 125 countries and handles over €5 billion in payroll payments worldwide. The business reports a 60% compound annual growth rate in recent years, strong EBITDA positivity, and a pattern of doubling revenue roughly every two years. Its customer roster includes Cloudera, Just Eat Takeaway, EQT, and recent additions Flix and Zalando, supported by strong retention and expansion. Founded in 2016 and headquartered in County Mayo, Ireland, Payslip is backed by investors such as Salica Investments, Tribal VC, Frontline Ventures, MiddleGame Ventures and Mouro Capital.

Participated · Series A · May 2019

Glofox, founded in 2014, provides a software platform for boutique gyms and fitness centers to schedule classes, manage memberships, follow up on leads, and run daily operations. The platform is used by both small operators and large fitness franchises across 43 countries. Customers book roughly 10 million classes through Glofox each year. The company raised $10 million in a Series A to fund growth. Glofox says it will use the funding to double down on US expansion and to develop its Los Angeles office. The product’s core focus is on class scheduling, membership management, and customer engagement tools for studio operators. Glofox provides a software platform for gym, yoga and fitness studio owners with features including class scheduling, membership management, billing, reporting and marketing. Founded in 2014 in Dublin, EIRE, the company serves over 500 customers across 20 countries and has a team of 28. In March 2017 Glofox raised €2m in funding from Notion Capital, Partech Ventures, Tribal VC and Enterprise Ireland. The company intends to use the funds to expand its U.S.-based team and to enhance its products. The platform focuses on operator workflows across scheduling, billing and marketing to help studios run their businesses more efficiently.