Participated · Series A · Nov 2024

Outbuild provides scheduling and planning software designed to enhance project management in the construction industry, emphasizing Last Planner® principles to streamline workflows and improve collaboration. The platform enables users to build schedules, lookaheads, and weekly work plans in one integrated ecosystem and delivers real-time insights and project analytics through customizable dashboards. Outbuild's tools aim to help construction professionals optimize scheduling, increase efficiency, and reduce delays. The company reports implementation on over 4,000 projects across 10 countries and is used by general contractors including Greystar, Andres, McAlvain, Skender and Warfel. Founded in 2021 and led by CEO Franco Giaquinto, Outbuild plans to use recent funding to expand its team and advance a product roadmap that includes artificial intelligence.

Participated · Series B · Nov 2022

OneRail provides last-mile omnichannel fulfillment via its OmniPoint SaaS platform paired with logistics-as-a-service, automating fulfillment orchestration, carrier selection and delivery mode. The company recently acquired Orderbot to add distributed order management and inventory visibility, enabling dynamic selection of inventory across fulfillment locations. OneRail plans to deepen decision logic upstream and invest in data science, machine learning and AI to enhance multimodal, multi-carrier capabilities and lower fulfillment costs. It operates a real-time connected network of 12 million drivers and maintains a 98% on-time delivery rate via a 24/7 U.S.-based exceptions team. Since its prior financing in November 2022, OneRail has grown revenue by 254% and reports year-over-year revenue growth of 102%, and has expanded service to more than 400 cities across the U.S. and Canada. OneRail offers a delivery operating system and fulfillment platform that automates last-mile logistics, intelligently selecting the right shipping mode and courier to optimize each order. Its platform is directly connected to a real-time network of nearly 10 million drivers and is supported by a USA-based Exceptions Assist operations layer available 24/7. OneRail reports an on-time delivery rate above 98% (98.6% in company materials) and says its system is transacting over 12 million data calls per minute. The company has expanded service to over 330 U.S. cities and deployed from more than 10,000 unique shipper locations, with a Logistics Partner Network that grew by four million (up 66% year over year). Since its Series A in 2021 the company has grown revenue year-over-year by 312% and employs nearly 100 team members in Orlando. OneRail plans to use the new funding to build new data-driven platform capabilities and to expand its sales, marketing, and solution engineering teams to meet increased shipper demand. OneRail provides a 3-in-1 final mile delivery fulfillment platform combining a national courier network, an API-driven smart-matching delivery operating system and a 24/7 Exceptions Assist™ team. The company reports an on-time delivery rate of 98.6 percent and an exceptions rate described as virtually zero. OneRail says its network spans 7.5 million drivers across 200 major U.S. cities and its Logistics Partner Network grew by 4 million year-over-year. Over the past 18 months the Orlando-based startup closed $21.5 million in financing, grew headcount from nine to 80, and delivered over 10x year-over-year revenue growth with major Fortune 500 customers. OneRail offers standalone or TMS-integrated deployments and has an integration with SAP Commerce Cloud available in the SAP Store. The company plans to use new capital to expand its customer success team, enhance its delivery operating system and Logistics Partner Network, activate key partnerships, and accelerate customers' digital supply chain transformation. OneRail provides a delivery orchestration and fulfillment platform that connects a shipper’s demand signal (POS, eCommerce, OMS, ERP) to an aggregated network of final-mile couriers and carriers, automating rate shopping, dispatch, tracking and proof of delivery. The platform supports forward and reverse logistics and claims real-time visibility, event-driven notifications, and data-driven delivery optimization. OneRail aggregates over 120 delivery companies, 65 parcel and LTL carriers, and a network it describes as 6 million delivery drivers. The company reported growth of 5,200% since January 2020 and cites accelerated e-commerce demand during the COVID-19 pandemic as a driver of commercial adoption. OneRail has begun national rollouts with customers such as American Tire Distributors for expedited delivery programs. Management says the financing will be used to scale business development and marketing efforts to expand the company’s final-mile footprint and customer base. OneRail provides a final-mile orchestration and fulfillment platform that matches shippers' real-time demand signals (Point of Sale, ERP, eCommerce) to a contracted network of aggregated couriers. The platform identifies exceptions and manages each delivery through proof of delivery. OneRail serves multiple verticals including retail, industrial supply, health care and product manufacturers. The company has agreements with over 50 courier entities and a footprint of more than 75,000 individual couriers, with fleet assets ranging from sedans to large box trucks and services including white-glove installation and assembly. Its network operates in all 50 states. OneRail plans to use the new funding to expand platform capabilities and grow its logistics operations team.

Participated · Seed · Sep 2022

Civ Robotics is a Bay Area–based firm that has built an autonomous robot, CivDot, for creating land surveys on construction sites. The product is positioned to address construction industry worker shortages by improving efficiency and safety on the job. Co-founder and CEO Tom Yeshurun says CivDot empowers efficiency and safety while driving projects forward from the start. The company has already been adopted by Bechtel and a variety of other firms for surveying. Financially, Civ Robotics recently closed a $5 million seed round to support its growth and commercialization. The funding is presented by the company as validation of the market opportunity to construct the world around us.

Participated · Series A · Aug 2022

Sabanto develops retrofit autonomy kits that include a cloud-connected communications system, multiple GNSS receivers, and an onboard AI processing unit that can be installed in a single day to convert conventional tractors to autonomous operation. The company has expanded autonomous functionality into planting operations and announced integrations with Precision Planting® and DICKEY-john® monitoring systems to improve compatibility with existing precision-ag equipment. Sabanto emphasizes a retrofit approach that enables use of smaller-horsepower equipment, longer operating hours, and lower capital expenditures versus buying larger OEM machinery. The firm says its platform can reduce soil compaction, minimize overlaps and idle time, and improve route consistency to lower fuel use and input waste. Planned uses for the Series B include scaling commercialization and dealer networks, increasing kit production and deployment, further software and autonomy development, and beefing up customer support and field operations. The company positions its technology as enabling growers to reallocate skilled labor toward higher-value tasks while expanding operational capacity.

Participated · Series B · Nov 2021

Monarch Tractor integrates autonomous driving and electric powertrains into tractors, selling machines with automated driving features to farms and other customers such as dairy farms and airports. The company has roughly 400 tractors in the field and reports 15% of customers returning to buy additional tractors. In 2023 it expanded beyond its initial vineyard and fruit-farm market in California into new geographies and customer types. Monarch recently rebuilt its service and support teams after receiving customer feedback that coverage was insufficient in new areas. The company also reduced headcount by less than 15% of its roughly 250–300-person workforce as part of a reshuffling to better support sales and after-sales service. The new funding is intended to increase production, bolster sales and service capabilities, and support expansion into more states. Monarch Tractor develops fully-electric, autonomous farm equipment, centered on a farmer-first design philosophy. Its flagship MK-V electric tractor can operate autonomously for over 10 hours and supports battery swap capabilities for near-continuous use. The company is preparing to start production of its Founder’s Series electric tractors at its Livermore, California footprint, with a ramp expected this quarter. Monarch has a contract with Foxconn to move manufacturing to Lordstown, Ohio beginning in early 2023. Monarch and partners are demonstrating bi-directional battery capabilities to export power and act as mobile generators during wildfire-driven grid outages. The company is part of a Farm Electrification Consortium that will develop the hardware, software, and communications needed to link electric farm equipment to fleet hubs and grid management systems. Monarch received a $3 million grant award to accelerate these efforts. Monarch produces a self-titled electric autonomous tractor and automation platform aimed at fruit and vegetable farms. The tractor system was introduced this year and has been deployed in 15 initial pilots, including one at a local vineyard. The company plans to deliver production units in Q4 of this year. Monarch says the new funding will be used to scale manufacturing and sales of the tractor. It also plans to extend pilots internationally to South America, Europe and Asia. The company cites pandemic-accelerated labor shortages, sustainability concerns, and food traceability scrutiny as drivers of demand for its solution. Monarch Tractor builds fully electric, driver-optional smart tractors that combine electrification, autonomous capability, and data management. The company positions its product to enable profitable implementation of sustainable and organic farming practices while alleviating labor shortages and maximizing yields. Monarch launched its tractor in December 2020 and has seen increased global demand since that launch, receiving awards and recognition from AgTech Breakthrough, World Ag Expo, Fast Company, and others. The company says it will use strategic investment to support rapid global deployment and to expand applicability beyond traditional farm products. Financially, Monarch has closed a $20 million Series A to fund growth and deployment. Investors are characterized in the filing as industrial equipment manufacturers, automotive suppliers, venture capital, and impact capital backing its scaling efforts.