WPMC
475 5th Ave, New York, NY, 10017, United States
Overview
WPMC is an incubation fund that starts software companies co-founded by West Point grads. We're not a traditional VC fund. We also don't have a strict incubation program. Every company is different, so we're focused on generalized value creation at the pre-seed stage. The pillars of WPMC: 1) We find phenomenal leaders who are well suited to be co-founders of software startups. 2) Source problems, which can be solved with software, from industry experts. 3) Provide a platform for strong leaders to execute, so they spend less time fundraising or building technical and operational frameworks, and more time growing a successful business.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- SaaS
- Software
Investment portfolio
- Wove
Participated · Seed · Nov 2022
Wove builds a technology-driven engagement ring business that speeds custom production using 3D printing to create replicas and finished rings for at-home try-on. Founded in 2021 by West Point classmates and former Army Rangers Andrew Wolgemuth and Brian Elliott, the company offers a two-week design experience with an average order price of $10,000. Wove says it can create pieces six times faster than traditional jewelry making and can 3D print up to 300 different rings at once within three hours. Its jewelry is made 100% in the United States using ethically sourced diamonds and sustainable materials, and the company employs its own in-house jewelry designers. Wove has just over 20 employees, has produced thousands of rings since launch, and reports revenue grew fivefold. The company plans to expand its e-commerce line, launch a customer design portal with live chat and order tracking, and add earrings, pendants, necklaces and bracelets by the end of the year.
- Hello Ralphie
Participated · Seed · Jan 2021
Hello Ralphie is a NYC-based veterinary telemedicine startup that connects pet parents with licensed veterinarians through chat and video appointments. Founded in 2019 by CEO Felicity Johnson, the company provides remote consultations to offer a new approach to nationwide pet care. In August 2020 Hello Ralphie closed a $1M seed funding round backed by HearstLab and WPMC Fund. The seed funding will allow the company to focus on software and technology expansion and on key hires in business development and customer experience. The closing of this initial round is intended to support growth of its telemedicine platform across the U.S.