Deal Flow (Volume IV)
SaaS (HR Tech/Workforce, Mobility/Logistics/SupplyChain, FinTech/Payments/InsurTech) + Food & Beverage
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SaaS
HR Tech / Workforce
Seed / United States
Raising a $1.5M seed round within the gamification SalesTech industry. Gamifier is a SaaS solution, helping leaders create a productive culture, increase revenue and promote collaboration through gamification. Our mission is to multiply the number of top performers within any team. With over 3,500 users all-time in over 50 countries, Gamifier has integrations with Salesforce, Salesloft, HubSpot, ZenDesk etc., while building new integrations with orgs like Microsoft and Gong.
Seed / United States
Raising a $3M seed round with 75% in soft commitments and awaiting several terms sheets from top tier VC seed funds to lead. PERKS is the Workday of global people support for distributed workforces merging employee engagement, employee recognition, performance management, and employee support under one roof. Since launching in December 2021, they have signed or are in contract stage with 16 companies including Alibaba Group, N26, DroneBase, Bright Cellars etc. Secured over $1M in ARR in just 6 weeks with another $1.5M in ARR in the contract stage.
Logistics / Mobility / Supply Chain
Seed / United States
Raising a $750,000 Seed round. BoxHero is designed to make online returns easier for the consumer. Over 3 billion packages are returned per year, returning an item you bought online shouldn't be harder than buying it. We pick up your online returns. No more printing labels, packaging, or waiting at the post office. Our customers schedule a pick-up, and share a picture of the item - as we do the rest.
Seed / Belgium
Raising a €1M Seed Round with 600k€ in soft commitments to scale roll-out. Hardware as a service in urban mobility. Built the first modular e-moped, which weights no more than 21kg, cheap to produce, and available on a monthly basis in cities (B2B & B2C). Yoda is the first monthly e-moped subscription service in EU & USA. Industrial partners in Taiwan are ready to ramp up production. Early customer traction, with 3 product versions already tested.
Seed / United States
Raising a $4.5M Seed round with $2M in soft commitments. Our data-driven procurement platform makes medical supplies affordable and accessible and ensures that health care providers always have sufficient medical products in stock to properly treat their patients. We are already working with more than 400 hospitals, clinics, and pharmacies in Kenya, Rwanda, Burundi, and DRC with $150k+ in monthly revenues and positive EBITDA and have raised more than $1.5M from early-stage VCs and $400K in debt.
Seed / United Kingdom
Raising $1M Seed round with 300K in soft commitment. It provides businesses with software for D2C direct delivery to end customers avoiding dependency on Amazon or similar. Founded in 2019 Vanongo has done more than 150K deliveries within 1 year with B2B in 5 countries in Europe and Central Asia and entering the US next year. Fortune 500 company is among our clients. Fully ready product, 40K MRR, high retention, and 60+ people experienced team including serial entrepreneurs with successful multimillion exit.
Pre-Seed / United States
Raising a $2M Pre-Seed round with $310K in soft commitments. Developed a hassle free, on-demand app that is redefining the roadside industry. Our intuitive platform provides a safe, convenient, and affordable service to distressed drivers. They have recently been labeled #19 Top Transportation Start-Up. The MVP is fully developed with current waitlisted 400+ users in Los Angeles. They are in partnership discussion with Google and All State as of recently.
Seed / United States
Raising a $2M seed round. B2B SaaS to digitize and connect every item in the supply chain in order to improve supply chain sustainability, traceability, and product authentication. Since its launch 12 months ago, Sepio is on track to realize $265K in revenue this quarter. We are onboarding global customers across 5 countries and over 90% of our revenue is from North and South America. Two patents were granted on product authentication using Blockchain and a patent pending for computer vision AI to improve counterfeiting and supply chain security.
Pre-Seed / United States
Raising $500K Pre-Seed, bootstrapped thus far and revenue positive. A B2b Saas platform for CPG and the supply chain streamlining communication, efficiency, and sustainability using a two-sided review platform for brands and logistics. In partnership with 30+ factories worldwide with 50+ known brand customers, including Theory and Lowe's. Participated in a fashion bootcamp and received advice from leaders at Prada, Gucci, and Moschino.
FinTech / Payments / InsurTech
Seed / United Kingdom
Raising $3M Seed with $500K committed and VC backed. A platform for private market investors to source, evaluate, and optimize portfolios. Leveraging AI and ML to significantly increase returns, and is integrated with several systems. Achieved 108 clients of which 49 are VCs. Partnered with AWS startup loft and Ventures Lab.
Seed / United States
Raising $3M Seed. A SaaS / P2P digital tipping payment platform for the service industry. Achieved $30K+ revenue and on track to hit $10K MRR this quarter with 3600+ hotels as clients, including the Best Western and Hilton. Partnered with Visa and accepted into their Fastrack program.
Series A/ FinTech / Female Founded / Columbia
Raising $13M Series A, with $2M committed from VCs. B2b SaaS platform democratizes the credit tech infrastructure, by providing a formal credit management platform for underserved demographics. 80% of people worldwide don't have access to formal credit. Achieved 400K+ credit accounts serviced, with 40+ corporate clients including Uber, PayU, MasterCard, and Galileo Financial. In 10+ countries and netting $2.6M ARR. Delaware incorporated.
Seed / Switzerland
Raising $2.8M Seed. A mobile financial home enabling families to save and grow money for their children, with the ability to make investments, P2P payments, and results in 30% more in savings than the average family income. Achieved 2500+ downloads and in partnership with the largest retail chain in Germany and an LOI from a Swiss Bank.
Food & Beverage
Series A / United States
Raising $5M Series A, with $500K committed ($400K from Founder, Dad was the lead investor in SOBE). Cold pressed juices, wellness shots, and lip balms made with Manuka Honey and only a handful of organic ingredients. Distribution in New York / LA in 75+ Whole Foods and Erewhon. Achieved $500K ARR, with high-profit margins. Partnered with 20+ lifestyle, music, and content creators and Sponsored by Coachella, Stagecoach, SuperBowl, Mammoth Film Festival, and Honeylove.
Series A / Australia, United States, Europe
A $6.2M ARR company, Bevpax is raising $10M to grow its global distribution and market its new product lines and support current and expected growth. Bevpax is a leader in product innovation and development, with key brands in various segments of the beverage industry and private label supply to major retailers and brand owners. They focus on core beverage products and industry growth trends including prebiotics and functional beverages which has seen an increase in customer interest. Bevpax performs all in-house R&D, QC, and logistics support + they are focused on packaging sustainability and reduction of plastics in the environment. They have recently entered into agreements with a number of global retailers for both private label and branded product supply and are establishing company-owned manufacturing facilities to meet the capacity demands of their customers. The company has exceeded sales significantly YoY by more than 70% and has now increased distribution into major supermarkets and retail chains.
Seed / United States
Raising a $5M round to fund growth + R&D. Addressing the challenges in traditional restaurants (Labor issues, cost, pandemic, convenience), LBX provides an unattended food robotic kiosk that delivers gourmet hot food 24/7. With more than 70 kiosks sold in universities (Berkeley, Stanford), corporations (Tesla Apple), and retails (Macy’s), LBX signed a contract with the largest food service company in the world (Compass, Canteen) opening a potential 18,000 locations
Series A / United Kingdom
OFFBLAK is a new functional wellness brand around tea catering to the unmet needs of a new generation for a healthy lifestyle. Generating $1.7M in sales since the launch 2 years ago is strong evidence of product market fit across Online and Retail in the UK and US, and Export in Asia. OFFBLAK’s vision is to build a functional beverage brand platform across Consumer Packaged and Ready-To-Drink (RTD) Tea markets.
Series A / Global
Disrupting the plant-based industry. NEXT! is raising a $2M Series A round with $780k in soft commitments. NEXT! launched award-winning plant-based bacon and chicken. NEXT! tripled its sales in 2021 (Y2) with $1.6M. Raising to support plans to strategically scale in key global regions due to strong retail and foodservice interest. NEXT! has completed the development of 8 new and highly disruptive lines that are launching progressive throughout 2022 that should see its revenue more than double in 2022 (Y3).
Seed / United States
Raising $2M Seed with $550K in YTD revenue. SaaS marketplace for food entrepreneurs with a food delivery and takeout component. Current go-to-market in San Francisco and Hong Kong, with 25K+ customers and in partnerships with local chefs and influencers.
Seed / United States
Osena is raising a $750K Seed round with $500K in soft commitments. Osena's electrolytes add functional benefits to spiked seltzer, making it the strongest offering in better-for-you alcohol. Osena has a best-in-class flavor, branding, and nutrition label. The team has deep connections in alcohol through work and family connections. Osena ran a summer pilot in 2021, opening up 11 wholesalers across 7 states and reaching $300K in sales. Osena's full-scale launch began this month (May 2022)
Pre-Seed / United States
Damn Right Cocktails is raising a $750K pre-seed round via a convertible note. They created and launched the first low-calorie, USDA-certified organic, 100% de agave tequila RTD that gives back. After launching in September, they have placements in two chain stores and 57 independent retailers with their sales increasing 271% in the first 3 months of operation. Their taste is unparalleled: the Devil of a Lime scored a 93 from Blue Lifestyle International and the Son of a Basil scored an impressive 95 from the Beverage Tasting Institute.