Participated · Series D · Aug 2021

Hopin offers an all-in-one events platform that lets brands and communities create highly interactive and immersive live virtual, hybrid and in-person experiences. The company provides tools for attendee interaction, engagement and event management and has expanded its product set through acquisitions such as StreamYard, Streamable, jamm, Boomset and Attendify. Hopin says it will use new capital to accelerate growth, further scale the platform and invest in multi-product platform technologies and new product suites. Since early 2020 the company has scaled from six to more than 800 employees across 47 countries and serves more than 100,000 organizations with millions of attendees each month. Hopin is a remote-first company headquartered in London and was founded in 2019. The company positions its platform to be used wherever important conversations and connections happen. Hopin is a virtual events platform and video-focused software service that delivers live, interactive event experiences. The company has scaled rapidly and reports $70 million ARR, partly boosted by its $250 million acquisition of StreamYard, which added $27 million ARR. Hopin says it will invest heavily in product and engineering and is open to making more acquisitions to expand its video-first product lineup. CEO Johnny Boufarhat emphasized keeping product spend high to defend the company’s core market and add capabilities. The company has raised $565 million since February 2020 and continues to grow through both M&A and organic expansion. Hopin intends to be operationally IPO-ready next year and may pursue a traditional IPO in 2022 or 2023. Hopin builds online events software that enables virtual and hybrid conferences, with features for hosting and discovering events. The company saw rapid adoption during COVID-19, reporting more than 3.5 million users and over 50,000 groups hosting events on its platform; monthly attendees grew from 16,000 in March to 175,000 in June. Hopin grew its ARR from $0 to $20 million in nine months and the CEO says the company is profitable today (it was nearly profitable after a February $6.5M round). The startup has expanded headcount from a single person to about 215 employees and plans to reach roughly 800 staffers in 2021, with over half of new hires focused on technical roles and about 50% of current staff being developers. Product plans include building Hopin into a platform for third-party integrations (including potential VR) and launching features like "Hopin Explore" to help users discover events. Leadership sees a long-term hybrid events market opportunity even after in-person events return. Hopin builds virtual events technology that recreates in-person conferences online, including digital equivalents of expo centers, multiple stages, and networking features. The company frames itself as a "venue," requiring operational support to ensure large events run smoothly. Usage accelerated during COVID-19, with monthly attendees on its platform rising from 16,000 in March to 175,000 in May. Hopin's employee base grew from eight to 60 in 2020, and the company targeted 200 employees by the end of 2020. Management reported marketing costs are around zero, and said revenue scaled roughly with expenses, leaving the business "nearly profitable" during the February period. The firm is exploring future possibilities such as more VR-style experiences while competing with players like Teeoh and Eventbrite. Hopin operates an online venue where organizers can create, host and manage live events for up to 100,000 attendees. Its Event Builder lets users set up events in a few minutes for meetups, hackathons, all-hands and conferences. Events can be online-only or layered on top of existing offline events. Since July prior to the article, the platform hosted over 1,000 events. The company plans to use new funding to continue building out its platform, expand its team and rapidly scale. Hopin is led by Founder and CEO Johnny Boufarhat.

Participated · Series D · Apr 2021

Deep Instinct is the first company to apply deep learning to cybersecurity, offering a natively architected, prevention-first threat prevention platform. The company says its platform stops >99% of threats before other solutions see them, reducing detection noise and false alert storms. Deep Instinct positions its product to improve SOC team productivity and lower total cost of ownership for customers. The firm intends to use investor support to accelerate growth and drive adoption of a prevention-first model across enterprises. It currently protects customers across North America, Europe, and APAC; enterprise customers tripled in 2022 and it has strategic wins with numerous Global 2000 companies. The article does not disclose revenue or other financial metrics. Deep Instinct offers a prevention-first cybersecurity platform that applies deep learning to stop ransomware and other malware across hybrid environments. Its Deep Instinct Prevention Platform is designed to add multilayered protection to existing security stacks. The company says it will use the new funding to further penetrate the market. Deep Instinct raised $62.5M in the reported financing. As part of the announcement, Lane Bess—who has more than 35 years of experience in cybersecurity and was formerly CEO of Palo Alto Networks and COO of Zscaler—took over as CEO effective immediately. Co-founder Guy Caspi moved from CEO to Board Chair and became Chief Product Officer. Deep Instinct offers an end-to-end deep learning framework and platform designed to predict, prevent, and analyze cyberattacks across endpoints and networks. Its platform is positioned to protect organizations at multiple touchpoints and has expanded enterprise adoption rapidly. The company reports protecting customers across North America, Europe, and APAC, with enterprise customers tripling in the prior year and strategic Global 2000 wins in Q1 2021. Led by CEO Guy Caspi and Chairman Lane Bess, Deep Instinct intends to use the new funds to accelerate its growth plans for 2021 and beyond. The company has raised a total of $200M to date following this round. Deep Instinct applies deep neural network algorithms to cybersecurity, using end-to-end deep learning to identify and stop known and unknown malware, including zero-days and advanced persistent threats. Its system ingests raw data from servers, mobile devices and endpoints and is largely autonomous, with automated processes handled by its "deep learning brain." The company sells primarily to enterprise customers, both directly and via partners such as HP, which bundle or resell its solutions. Deep Instinct emphasizes cross-OS protection and claims higher detection and lower false positives than traditional machine-learning approaches that rely on human feature extraction. Management says the product can prevent first-seen, unknown attacks and is already used to counter rising spyware, ransomware and file-less attacks. The longer-term plan is to build a consumer-facing version of the product. The company is profitable, and highlights strategic relationships with large tech partners. Deep Instinct is a Palo Alto, Calif.-based company that applies deep learning to cybersecurity. Led by CEO and co-founder Guy Caspi, the company offers a deep learning platform that detects malicious behavior across multiple vectors and provides adaptive defenses for endpoints, servers, and mobile devices. The company raised $32M in a Series B financing led by CNTP, with participation from strategic investors including Nvidia, Coatue Management, and existing investors. It plans to use the funds to accelerate deployments in the U.S. and global markets. Mohsen Moazami, founding MD of CNTP and a former Cisco executive, was added to Deep Instinct’s board of directors in connection with the round.

Participated · Series A · Dec 2019

Atom Finance offers a modern consumer software platform that brings institutional-grade investment research and tools to individual investors. The product was built by investment professionals to modernize the retail investing experience and also supports white-labeled B2B integrations for financial institutions. Since the platform launched in 2019, Atom has seen strong consumer demand — Premium-tier subscribers have increased more than 250% since the start of 2021. The company is expanding partnerships and integrations with financial institutions and has reported heightened interest in its white-labeled product. Atom plans to use new capital to grow Premium subscriber acquisition, proliferate partnerships, open an office in Miami, and build out teams across Product, Engineering, Growth, and Business Development. Atom is hiring with flexibility to be based in either New York (SoHo) or Miami. Atom Finance builds a free, consumer-focused investment-research platform and mobile app that bundles financial modeling, portfolio tracking, news analysis, benchmarking and discussion tools. Its five core products—Sandbox, Portfolio, X-Ray, Compare and Collaborate—provide instant financial modeling, linked-account portfolio tracking, a research search engine, benchmarking tables, and group discussion features. The company launched mobile apps and reported 100,000 users and $400 million in assets its platform is helping steer since a soft launch in June. Atom plans to operate a freemium model and eventually monetize by launching premium tiers with more advanced research tools. The eight-person team comes from SoFi, Silver Lake, Blackstone and Citi and faces competition from incumbents like Bloomberg as well as tools such as Sentieo, BamSEC, WallMine and Robinhood's in-app research. Given its access to sensitive user data, Atom emphasizes flawless privacy, security and accuracy as essential.

Participated · Series D · Nov 2019

Reonomy operates a large database that ingests roughly 100 sources of public, proprietary and crowdsourced data and applies AI to provide market intelligence for commercial real estate. Its database covers about 50 million properties (roughly 99% of U.S. commercial inventory), 80 million companies, 300 million people, 38 million mortgages and 68 million property sales, and it serves more than 100,000 customers. The product is used by developers, investors, acquirers, mortgage lenders and service providers such as roofers for sales, research, underwriting and lead generation. Reonomy emphasizes a non-technical user experience to make disparate property data accessible without heavy technical effort. With a Series D of $60M announced alongside new partnerships with CoreLogic, Black Knight and Dun & Bradstreet, the company has raised $128M to date. Founded in 2013 and based in New York, Reonomy plans to expand internationally into Canada, Asia, Australia, the U.K. and Europe, and the CEO said the round is an up round that likely puts valuation above $200M. Reonomy offers a commercial real estate (CRE) data and analytics platform that serves brokers, lenders, occupiers and investors. Its product suite includes subscription-based web applications, workflow tools, data services and API feeds for enterprise customers. The company operates a database covering nearly 50 million commercial properties, 80 million companies, 150 million unique ownership contacts, 8 million mortgages and 20 million property sales. Reonomy provides search and filtering across the U.S. CRE market with more than 300 filters to support prospecting and due diligence. Founded in 2013 and led by CEO Richard Sarkis, the company is using new funding to accelerate growth and adoption of its platform. To date it has raised $68.4 million in total funding. Reonomy provides lenders, brokers and investors with proprietary analytics that collect, analyze and validate property- and market-level commercial real estate data on a continuous basis. Its product suite includes a web-based interface and data APIs. The company has expanded its CRE data business to offer API feeds and data services for enterprise customers in addition to subscription-based web applications. Reonomy plans to use the new funding to accelerate growth and adoption of these expanded offerings. The company is led by CEO and co-founder Richard Sarkis. To date, Reonomy has raised $38.4M. Reonomy provides lenders, brokers and investors with a web-based platform for commercial real estate property and market-level research. Its proprietary analytics systems collect, analyze and validate a broad array of property and market-level data on a continuous basis. The company delivers this processed data through a web interface to simplify property and market research workflows. Reonomy's product is aimed at helping commercial real estate professionals conduct faster, data-driven research and decision-making. The article does not report revenue, user counts, or other operating metrics. Reonomy scours public records and the internet for thousands of commercial property data points, drawing from more than 100 sources to produce standardized, structured datasets and analysis. The platform provides both high-level metrics (price per square foot, building condition) and granular details (regulatory violations, elevator conditions, boiler room situations, filed capital expenditures). Clients include institutional and private investors, lenders, researchers, and valuation groups at brokerage firms. Using Reonomy, users can compare a building against more than 300,000 comparable properties instead of just a few. The company launched a beta to select institutional real estate investors, lenders and developers in early March. Reonomy closed a $3.7M Series A led by SoftBank with participation from Resolute Ventures, High Peaks Venture Partners, KEC and FinTech Collective. With the new funding, it plans to expand into new markets, develop for mobile, and build out the team.