Participated · Equity · Dec 2020

FiscalNote delivers legislative and regulatory data, policy news and analysis, stakeholder management, collaboration and advocacy tools to customers worldwide. The company serves more than 4,000 clients, including the U.S. Centers for Disease Control and Prevention, the Federal Reserve Board, 3M, AstraZeneca and the American Hospital Association. Led by Founder & CEO Tim Hwang, FiscalNote operates offices in the US, Belgium, India and Korea. The product suite focuses on aggregating and analyzing regulatory and legislative information to help organizations manage policy risk and advocacy. FiscalNote intends to use recent financing to accelerate technology and service development, pursue strategic acquisitions, expand into new international markets and refinance existing debt. FiscalNote builds a platform for analyzing government risk, using proprietary code to parse millions of regulatory and legislative actions and generate actionable insights for investor, compliance, and legal professionals. Its product suite includes powerful legislative searching, tracking, and forecasting tools alongside federal and state regulatory data and analytics. The company offers a mobile application that lets users access and analyze every bill at every stage from all fifty states, D.C., and Congress. FiscalNote's customers include Southwest Airlines, Aetna, Lyft, the Democratic Governors Association, VMWare, Planned Parenthood, Allergan, the University of Virginia, and the Natural Resources Defense Council. The company emphasizes design and real-time analytics and says it aims to unlock legislative and regulatory data with best-in-class analytics, insights, and predictions. Financially, the company has raised multiple rounds and recently completed a financing that increased its total funding to over $30 million. Founded in 2013 by CEO Tim Hwang, FiscalNote provides legislative searching, tracking, and forecasting products built on artificial intelligence and design. Its flagship product is Prophecy, and the company said it will introduce a regulatory product called Sonar later this year. FiscalNote's product suite is used by customers including Uber, the Democratic and Republican Governors Associations, VMWare, Planned Parenthood, United Therapeutics, Allergan, Auction.com, and the Natural Resources Defense Council. In March 2015 FiscalNote raised $10M in a Series B funding round to support expansion into new markets. The company previously raised a $7M Series A in November 2014. FiscalNote provides the Prophecy platform, which applies artificial intelligence to real-time and historic legislative data and offers search and advanced notification functionality. The Prophecy platform was launched in early 2014. Customers include Planned Parenthood, New Balance, VMware, Natural Resource Defense Council, Ally Financial, Allergan, both the Republican and Democratic Governors Associations, and the University of Virginia School of Law. FiscalNote closed a $7M Series A led by Visionnaire Ventures with participation from AME Cloud Ventures, NEA, Green Visor Capital, Winklevoss Capital and angel investor Duke Chung. The company intends to use the funds to continue content expansion, increase engineering capacity to cover information domestically and globally, and grow its sales and marketing teams. FiscalNote was co-founded by CEO Tim Hwang, Jonathan Chen and Gerald Yao. FiscalNote aggregates legislative data posted to public sources to help businesses stay up-to-date with state and local legislation. It is developing the PoliticalGenome Project, which analyzes bill language and the histories of legislators to predict a bill's success. The nine-person startup uses machine learning and natural language processing and plans to boost its algorithm and expand its ML/NLP team. FiscalNote is conducting a closed beta with customers that include legal and marketing departments within Fortune 500 companies, national advocacy groups, and financial institutions. Founders include CEO Tim Hwang, CTO Jonathan C. Chen, and CFO Gerald Yao, and the advisory board includes Chris Lu, Youngsuk "Y.S." Chi, and LegalZoom CEO John Suh. The company intends to expand beyond legislation into other industries and geographies.

Participated · Series B · Mar 2018

Bigfoot Biomedical is a Milpitas, California–based medical device company that develops therapy and telemedicine solutions for people with insulin-requiring Type 1 and Type 2 diabetes. Its lead product under development, the Bigfoot Unity System, is part of the Bigfoot Unity Diabetes Management Program and provides real-time dose-decision support for users on Multiple Daily Injection (MDI) therapy. Unity uses proprietary smart pen caps for basal and mealtime insulin dosing recommendations and integrates Abbott’s FreeStyle Libre glucose-sensing platform. The company plans to package Unity as a monthly subscription that includes pen caps, Abbott sensing technology, needles, a backup glucose meter, test strips, alcohol swabs and a mobile app, while insulin pens are obtained separately. Bigfoot also develops the Bigfoot Autonomy pump-based closed-loop automated insulin delivery system, which has received FDA Breakthrough Device designation and will require a pivotal trial and regulatory approvals. The company is led by CEO Jeffrey Brewer. Bigfoot Biomedical develops AI-driven diabetes solutions aimed at optimizing insulin dosing and delivery for people with insulin-requiring diabetes. Its product programs include Bigfoot Loop, an infusion pump–based closed-loop automated insulin delivery system, and Bigfoot Inject, a connected insulin pen decision‑support system for people on injection therapy. The company has an agreement with Abbott to integrate Abbott's FreeStyle Libre glucose‑sensing technology into Bigfoot's ecosystem. Bigfoot plans to use recent financing to support ongoing product development, clinical trials, and commercialization of its Class III investigational systems. The company reported completing a $55 million Series B and has raised over $90 million in equity to date. Bigfoot is based in Milpitas, California.

Participated · Equity · Oct 2017

LeapMind develops an embedded deep learning solution called JUIZ to enable deep learning in small computing environments with limited power. The company targets broader applications including IoT, consumer electronics and robotics by making deep learning accessible in constrained devices. Led by CEO Soichi Matsuda, LeapMind is focused on both software and hardware aspects of deep learning. The company raised US$10M in funding to support its growth. Proceeds are intended for deep learning R&D in software and hardware, recruitment and retention of talented employees, and for business development and expanding sales operations. LeapMind is based in Tokyo, Japan.

Participated · Series A · Mar 2017

JoyRun operates a social, peer-to-peer group delivery platform that matches buyers with local "runners" via a feed where users can view, pay, track orders, and chat. The service aggregates spontaneous orders to reduce costs and delivery time while increasing order size for local businesses. Since launching in beta in 2015, JoyRun has proven the model on 50 college campuses and says it is growing 50% month over month. The company reports that some student runners have earned up to $1,500 a month and that merchants such as Lazi Cow see over 80% of deliveries through the platform. JoyRun has launched to all U.S. college markets and plans to expand to offices and neighborhoods later this year. The company is based in Silicon Valley and emphasizes a community-driven, reward-based approach to delivery.

Participated · Seed · Dec 2016

Price.com provides a unified savings experience by integrating coupons, cash-back rewards, detailed price histories, and live price comparisons into a single interface. Shoppers can access the service through its website (price.com/ai), native iOS and Android apps, and browser extensions for Chrome, Firefox, Safari, and Edge. The platform’s AI engine surfaces the best available savings opportunities, catering to consumers who are increasingly cost-conscious. Led by CEO RJ Jain and headquartered in Los Angeles, the company positions itself as a one-stop savings assistant. The newly secured capital will be used to accelerate AI-driven product innovation and support global expansion efforts. While the company has not publicly disclosed revenue or user metrics, the recent financing underscores investor confidence in its growth potential and technology roadmap.