We believe our portfolio companies have the potential to become the next generation of industry leaders and disruptors, and we’re excited to support them on their path to success. Our ‘Why We Invested Series’ provides an introduction to our incoming founders, what makes their companies unique and lessons learned from their entrepreneurial journey.
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.
A growing number of corporate accountants are seeking to modernize their tech stack to cut down on the time they spend on data entry and other mechanical tasks. This allows accountants more time to focus on driving strategy and growth. Gappify, whose leadership team consists of CPAs and former Big 4 professionals, is building cloud-based automation solutions to help accountants consolidate and speed up their mission critical processes, such as accrual management and vendor management.
As vertical SaaS platforms increasingly become the system of record in their industry, customers look to them for expanded capabilities, including payment and banking tools. Unfortunately most vertical SaaS platforms do not have the in-house expertise or engineering bandwidth to develop a fully embedded fintech suite of tools, and so they typically end up deploying an amalgamation of integrations that are not optimized for customer happiness or maximum revenue. JustiFi solves this challenge by providing vertical SaaS platforms with a full suite of embedded fintech tools that can be deployed to their current customer base.
More and more people are turning to extended reality (XR) as a key tool in the operation and growth of their organizations. However, they face significant hurdles in expanding their operations from early-stage pilots to organization-wide solutions. As people move towards mass XR adoption in the enterprise space, they’re looking for full-fledged solutions to help manage and scale their XR deployments. ManageXR built the solution with their enterprise level management layer for XR devices.
SynSaber is the industrial asset and network monitoring solution that provides continuous insight into status, vulnerabilities and threats. Its unique, technology-agnostic solution enables industrial operators and security analysts to see the full picture of the environment they’re responsible to protect, detecting threats at-speed and gaining the knowledge needed to defend in real time.
The SpecTrust team built a no-code risk defense layer that sits between a website or app and its users to make sure risk and fraud teams have what they need to spot bad actors. SpecTrust empowers cybercrime fighters to instantly assess high-risk behavior, orchestrate automated assessments and mitigate cybercrime threats before they become losses. Because users never write a line of code, they can respond to evolving attack threats in minutes and accelerate delivery of risk defense roadmaps from years to weeks — all while freeing up their engineers to focus on growth.
Backer is a social savings platform that makes it quick and easy to set up a 529 plan account and get family and friends involved as contributors (“backers”). Backer has helped families save $20 million for college, with 40% of the money coming from grandparents, aunts/uncles, and friends of the family — a rate of gifting that’s 30x higher than the 529 industry average. With Americans carrying a record $1.8 trillion in student loan debt, Backer helps families give their child the prospect of financial freedom.
Yardstik is the market’s first comprehensive, fully integrated human security software platform. Pure white–label, it leverages deep background screening, certification administration, verification management, training systems and industry–specific nuance. It offers a unique operating model tailored to marketplaces and SaaS platforms, with an API-first approach adaptable to virtually any industry.
The Bbot co-founders, Steve, Luke and Greg, first met as officers and nuclear engineers while stationed at Naval Reactors in Washington, D.C. The three of them worked on instrumentation and control systems for submarines and aircraft carriers. They kept in touch for many years after leaving the Navy, ultimately working together to develop the original Bbot, a ceiling-based robotic delivery system that delivers drinks to tables in restaurants. Today, Bbot offers a robust, configurable solution that helps 500+ restaurants, bars, hotels, cinemas and other hospitality organizations create digital menus and provide contactless ordering and payment from the customer’s smartphone.
Tens of thousands of times a day, customer care teams and contact centers try to help people navigate complex situations — answering insurance questions, scheduling someone with the right physician, fixing a product, etc. Yet those agents typically have to hunt through docs and spreadsheets to find the right information, which leads to errors, slow resolution times and a sub-optimal experience for the customer. Frontline teams crave better tools to translate complex information into clear actions, which is why we’re excited to announce our recent investment in Zingtree.