Led · Series B · Apr 2021

Nuclein is developing a novel hand-held, disposable, all-in-one PCR platform for infectious disease self-testing. Its battery-powered device runs real-time PCR on saliva, delivers sample-to-answer results in under one hour, requires no technical expertise, and removes the need to mail in samples. The platform is designed to detect any infectious disease target, though the company is currently focusing on COVID-19 to assist with the ongoing pandemic. The company plans to apply to the U.S. Food and Drug Administration for Emergency Use Authorization to commercialize a COVID-19 testing device in the near future. Nuclein has raised approximately $20 million to date, including a $14M Series B led by Trinity Private Equity Group, and currently employs about 30 scientists, engineers and other professionals. It is seeking to immediately hire additional molecular biologists, engineers, and manufacturing staff to support commercialization and growth.

Led · Series B · Jul 2020

Dispatch operates a B2B last-mile delivery platform combining delivery management software with an on-demand marketplace of independent contractor drivers. Customers request deliveries via a web app and nearby drivers accept and fulfill requests through a mobile app. The company has doubled the size of its team and technology organization since its previous funding round and shipped several new product capabilities. Dispatch reports revenue growth of roughly 175% annually in each of the past two years. With growing supply-chain challenges, the company targets inefficiencies in B2B last-mile delivery, particularly in wholesale industrial supply chains. The new capital is intended to fuel product innovation, national scaling, and additional job creation as Dispatch expands its market footprint. Dispatch operates a B2B marketplace that matches courier drivers with industrial businesses to ship packages locally on demand, with full visibility across the supply chain. The platform is designed to let industrial customers deliver products conveniently on the timeframe they require. Dispatch has seen traction in recent years driven by customer growth and market expansion. The company plans to use its new funding to accelerate that market expansion. It will also focus on team growth, specifically doubling its product and engineering teams. The business narrative emphasizes operational visibility and on-demand local delivery as core product strengths.

Led · Equity · May 2020

Headquartered in Park City, Utah, eLearning Brothers provides integrated learning and development products and services including custom learning design, learning management/experience platforms, rapid authoring (Lectora), VR course creation (CenarioVR), and game-based solutions. The company has been expanding through acquisitions and recently added Rehearsal and Origin Learning to its portfolio. Its offerings already include The Game Agency, Lectora, CenarioVR, and the Rockstar Learning Platform, creating a broad one-stop platform for corporate learning. The company used new investment proceeds to fund acquisitions and to restructure its balance sheet. Prudential’s PGIM Private Capital replaced prior debt providers and is now the sole debtholder, enabling a recapitalization of debt. Management and investors state the moves better position eLearning Brothers for further acquisitions and continued integration of its expanding product suite. eLearning Brothers offers a complete suite of integrated training development and delivery tools for corporate learning, pairing professionally designed courses and templates with authoring and delivery technology. The company’s product set includes the Lectora rapid authoring tool, the CenarioVR virtual reality course builder, and the KnowledgeLink learning management system. The announced financing is being used to enable simultaneous acquisitions of Trivantis and Edulence, expanding its technology and content footprint. Management and investors say the combined platform is intended to serve growing global demand for customized, fully integrated online professional development—demand that has accelerated during COVID-19. eLearning Brothers also creates custom learning solutions and supports learning developers with game modules and templates. Investors plan to continue adding acquisitions to the platform.

Led · Equity · Oct 2011

Brightergy provides solar energy design, financing, installation and monitoring services. The company offers multiple financing programs—BrighterFinance, BrighterLease, and BrighterPPA—ranging from zero‑down ownership to leases and power purchase agreements. Led by CEO Adam Blake, Brightergy operates regional offices, including one in St. Louis, and is based in Kansas City, MO. It received a $2.5M investment from Trinity Private Equity Group to support growth. The company plans to use the funds to expand in Massachusetts with a new Boston office and to open additional Northeast regional offices in the near future. Trinity is also partnering with Brightergy to establish a commercial project finance fund targeting $40M in commercial solar projects sized roughly 200 kilowatts to 1 megawatt, which should increase Brightergy’s capacity to finance larger commercial installations.