Participated · Seed · Aug 2024

Thera is an ecosystem of apps built for global teams that offers payroll, treasury, and accounts payable/receivable capabilities. Founded in 2022 by Akhil Reddy, the company is based in New York City. Its platform processes tens of millions of dollars in payroll annually for thousands of workers globally. Thera serves customers including Oceans, Landed, 1840 & Company, and Zendrop. The company plans to accelerate growth by further developing its platform and expanding its team in New York City. Product development is focused on deepening payroll, treasury, and AP/AR functionality for fast‑growing companies.

Participated · Seed · Dec 2022

Metriport builds open-source APIs to give digital health companies access to consumer and medical health data. It has launched its first product, the Health Device API, which aggregates consumer data from wearables, RPM devices, and mHealth apps. The company plans to launch a Medical API to allow companies to access patients' medical records and interface with EHRs, targeting a 2023 release. Both products are open source and positioned as a Plaid-like layer for medtech focused on developer friendliness, transparency, and accessibility. Metriport raised a $2.4 million seed round at a $20 million valuation, all on post-money SAFEs, which the company says is being used to grow the team, accelerate engineering, and cover compliance and legal fees. The founders, who went through Y Combinator, describe the company as mission-driven and aim to democratize access to healthcare data to improve patient outcomes.

Participated · Seed · Jun 2022

Impossible Mining builds responsible seabed mining and refining technology with a focus on deep‑sea robotics and Bio‑Extraction. Based in San Jose and a graduate of Y Combinator's W22 batch, the company is developing a four‑mile‑deep robotic collection system to selectively recover battery metals from the seafloor. It is also developing Bio‑Extraction refining technology intended to process recovered materials in an environmentally responsible way. The team says its approach aims to preserve the seafloor environment compared with dredge‑based methods. Impossible Mining closed an additional $10.1 million in seed funding to fund development and testing of its deep‑sea robotics and to continue advancing its extraction technology. Leadership has emphasized the strategic importance of securing independent access to critical battery metals amid rising lithium‑ion battery demand.

Participated · Seed · May 2021

Alba Orbital designs and builds sub-kilogram, solar-powered Earth-observation satellites (Unicorn-2) about the size of a soda can with paperback-size solar wings and an approximate unit cost of $10,000. Its satellites can capture up to 10-meter resolution imagery; the company has launched a proof of concept and already has six satellites in orbit. Alba’s stated goal is to provide Earth imagery at 15-minute intervals, which will require scaling manufacturing and launching hundreds more satellites. The next batch of satellites will focus on nighttime imagery to support use cases like energy and activity monitoring. Prior to this funding the company was bootstrapped and profitable; it already has customers lined up for the imagery it collects. The seed will fund finishing, shipping and launching the next sets of satellites and help Alba ramp production.

Participated · Seed · Nov 2019

Alpaca operates a brokerage infrastructure API that powers fintechs, banks, broker-dealers, wealth managers, algorithmic trading firms, active traders, and crypto-native financial platforms. The company supports over 10 million brokerage accounts across hundreds of fintechs and institutions in more than 40 countries. Alpaca has expanded its regulated footprint through acquisitions, including an IFSCA-regulated broker-dealer and payment service provider in GIFT City and UK/European entities with passporting across the EEA, and has launched global equities access beginning with European equities. It has onboarded major global crypto exchanges and tokenization platforms, reported doubling revenue year-over-year for three consecutive years, and surpassed $1.5 billion in assets under custody for underlying stocks backing tokenized equities. Alpaca plans to use the new financing to accelerate its agent-first brokerage and API-first prime brokerage infrastructure to support tokenized markets and AI-native financial services.