• Ask-AI

  Participated · Seed · Oct 2022

  Ask-AI provides a generative AI answers and insights solution that connects to more than 50 enterprise work systems, ingesting, analyzing and understanding enterprise knowledge. It integrates that knowledge into employees' workflows to boost productivity and support use cases across customer support, success, product, R&D and sales. The platform connects to systems such as Salesforce, Zendesk, Confluence, Jira, Slack, Google Drive and Teams. Customers include Monday.com, Callrail, Yotpo, HiBob, Own and Instawork. The company is led by founder and CEO Alon Talmor and currently has a 40-person team across Tel Aviv and Toronto, with plans to double headcount over the next 12 months. Ask-AI intends to use the new funding to expand operations and accelerate product development. Ask-AI combines artificial intelligence and natural language processing to analyze long texts, summarize them into single-sentence answers, and surface recurring questions and insights across an organization. The platform ingests internal and customer communication sources — including Slack, emails, chats, databases and monitored call-center recordings — to provide business, process and product answers. When it cannot find answers, the system uses those questions to learn and help drive knowledge creation, effectively becoming a central organizational knowledge base. Ask-AI operates on a SaaS model and counts Ownbackup, Yotpo, Armis, Coralogix, Claroty and WalkMe among its customers and design partners. Led by CEO Alon Talmor, the team also includes Prof. Jonathan Berant, Dafna Lavran and Eyal Medar. The company plans to use the new funding to accelerate growth and expand operations and business reach.

• Localyze

  Participated · Series B · Sep 2022

  Localyze offers admin automation, digital case management and human support to help employers manage immigration and cross-border staff moves. Founded in 2018 and based in Hamburg, the startup has expanded into 10 European markets and counts customers such as Pleo, Wefox and Remote. Its customer base has grown from 120+ to over 400 and revenue is up sixfold year-over-year. The company is preparing a U.S. and Canada launch (targeting January 2023) and plans broader global expansion, including initial APAC markets next year and a goal to cover 50 markets by 2025. Localyze recently acquihired San Francisco HR firm TruePlan to strengthen UX/UI, has built a U.S. go-to-market team, and will have co-founders splitting time between Europe and the U.S. A large portion of investment is being directed to product development and R&D to scale the platform and keep immigration capabilities in-house. Localyze provides an enterprise mobility platform to help companies manage employee relocation and internationalization. The platform streamlines the entire migration process—from visa applications, work and residence permits and registration to housing and banking—for high-growth enterprises. Beyond relocation, Localyze supports opening new locations, business trips, temporary mobility and remote employment assessments while allowing HR teams to monitor each step and ensure compliance. Customers include Free Now, Trade Republic, Babbel, Thoughtworks, Tier Mobility, DeepL, Forto and Personio. The Hamburg-based company was founded in 2018 and participated in Y Combinator Summer 2019 as it grew its product and customer base. It recently raised $12M and plans to use the funds to accelerate product development, hire across engineering, product design and marketing, and expand into Ireland, Spain, Portugal, the Netherlands and the UK.

• Hopin

  Participated · Seed · Feb 2020

  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.

No current team members are available.