Why We Invested

PayGround launched in the early days of the COVID-19 Pandemic when 1 in 3 providers still didn’t offer any online payment option. Healthcare is one of the few trillion dollar payments opportunities in the US, but cracking it has proven difficult over the years because of all the disparate systems and entities within healthcare. 

The pandemic presented an opportunity for PayGround to break through as providers largely stopped seeing patients in person and telehealth took off. The need for online payments and a connected system for consumers became clear. 

Vertical SaaS platforms have become the trusted operating and financial partners for the industries they serve. Customers run their entire businesses on these platforms and typically will first look to them for expanded products and services. Vertical Insure offers customized insurance options that are 100% built around vertical SaaS businesses and its customers, resulting in added value and new revenue without any extra overhead or IT bandwidth.

Ottometric is a software company focused on automating and streamlining the validation and training processes for Advanced Driver Assistance Systems (ADAS). The company provides its automation solutions to OEMs and Tier-1 and Tier-2 automotive suppliers, whose current development and validation methods are manual-intensive, slow and costly. Ottometric helps these companies save millions of dollars while significantly improving system performance and reducing time to market.

Ostra’s comprehensive solution provides SMBs with access to cybersecurity that rivals the type of protection the world’s largest companies rely on. Ostra combines the latest generation of cybersecurity tools, technology and talent into one fully managed service that protects against email threats, ransomware attacks, malware infiltration and more.

RentSpree offers a range of services to individuals and enterprises in the rental space, such as solutions for tenant screening, rent payments, marketing and renter management. They recently achieved the milestone of one million users on their platform through their partnerships with 250+ associations, brokerages and proptech platforms, and they now rank in the top 13% of Inc. 5000’s fastest-growing companies of 2022.

Picnic is a cybersecurity firm going after an aspect of risk that the industry doesn’t spend nearly enough time talking about: attacks by social engineers. Social engineers are hackers who use public information about you, your company and your personal and professional networks to craft attacks designed to fool, coerce or manipulate you into performing a desired action that will harm you or your company. Financial fraud, operational interruption and IP theft all begin with social engineering.

The pandemic created monumental shifts in how people work, communicate and build community. The success of remote work has helped us reimagine how and where work gets done, but it’s also created a new set of challenges for HR leaders as they seek to attract and retain top talent and build a healthy company culture. Epoch is creating an avenue for companies to take HR remote and deliver world-class company culture, regardless of where their employees are geographically located.

Security Orchestration, Automation and Response (SOAR) tools are software products that enable organizations to automate or semi-automate security tasks. This enables a quicker response to attacks and the overall strengthening of a company’s cybersecurity system. Revelstoke launched the next generation SOAR platform. Its patented Unified Data Layer eliminates nearly all coding requirements and creates the flexibility to switch out technologies and products.

Any tool that can dramatically increase the productivity of recruiters is really important because people have to interview and screen multiple candidates for every open position. Qualifi is an on-demand phone interview platform. It eliminates the need for scheduling phone interviews, increases the productivity of recruiters and helps mitigate bias in the hiring process.