Initialized Capital

Kayhan Space develops technology to improve the safety of spaceflight operations. The company operates in the space industry.

AI & Machine LearningDeep TechSaaSSpace TechLafayette, US

Siamak Hesar(Founder)Araz Feyzi(Founder)

Mable is a genomics-based telehealth platform that provides personalized migraine care by analyzing patients' genetic and biomarker data to inform individualized treatment plans. The company serves migraine sufferers seeking precision medicine alternatives to traditional trial-and-error medication approaches.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesLondon, GB

Roman Rothaermel(CEO)inInna Nicole ThalmannChris EijsboutsKumeren Govnder

Manifold provides tools for creating, selling, and distributing digital goods on the Ethereum blockchain. The platform serves creators, artists, and brands seeking to mint and sell digital assets including art, memberships, and experiences without intermediaries.

B2B MarketplacesCreator EconomyCrypto & Web3

MixerBox develops a suite of daily-essential mobile applications including alarm, news, AI browser, payment, streaming, and meditation features, serving general consumers seeking integrated digital tools for daily tasks.

AI & Machine LearningB2B MarketplacesConsumerCreator EconomySaaSLos Angeles, US

John Lai(Founder)in

OutRival is a no-code AI platform that enables non-technical customer experience teams to create and deploy AI solutions including chatbots, voice agents, and workflow automation for customer interactions. The platform makes AI accessible to businesses seeking to enhance customer experiences without requiring engineering expertise.

AI & Machine LearningEnterprise SoftwareInsurTechSaaSMiami, US

Ruben A. Harris(CEO & Co-Founder)inTimur Meyster(Co-Founder and Chief Product Officer)inRuben Harris(Co-Founder and CEO)

Repacket builds security software that detects and prevents employee mistakes in real time. The product is positioned as an AI-powered secure web gateway for enterprise security teams.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSVancouver, CA

Noah Stanford(Founder)inJacob Ryans(Founding Engineer)Kim Wu(UX Frontend Engineer)

10x provides an AI-powered back-office service that automates dental practice operations including hygiene recall outreach, treatment follow-up coordination, and missed-call answering. The system uses conversational AI to contact patients via text or phone and book appointments directly into practice management systems.

AI & Machine LearningHealthtechSaaSSan Francisco, US

Max Bohun(Founder)in

10x Science provides an AI platform that automates protein characterization for drug developers, reducing months of manual analysis to speed the evaluation of therapeutic candidates in early-stage development.

BiotechEnterprise SoftwareSaaSSan Francisco, US

David Roberts(Founder and CEO)inAndrew Reiter(Founder and COO)inVishnu Tejus(Founder and CTO)in

Albedo develops a flight-proven platform for Very Low Earth Orbit operations, providing satellite-based insights and connectivity services for national security and critical infrastructure systems. The company focuses on making space infrastructure operationally viable and resilient.

Advanced ManufacturingClimate TechDeep TechDefense TechSpace TechDenver, US

Topher Haddad(Co-founder & CEO)inAyJay Lasater(Co-founder & CTO)in

Bannerman provides a platform that connects clients with vetted security providers and guards, offering transparency and management of security services through a dashboard interface. The company serves businesses seeking security solutions with verified compliance and deployed guard forces across major US cities.

B2B MarketplacesEnterprise SoftwareSaaSSan Francisco, US

Johnny Chin(CEO)inAntoine de Chevigné(Founder/CTO)in

Beeper is a unified messaging app that consolidates popular messaging services into a single cross-platform interface. It supports Android, iPhone, iPad, ChromeOS, macOS, Windows, and Linux, with optional paid features for power users managing multiple accounts.

ConsumerSaaSSan Francisco, US

Eric Migicovsky(Founder)inBrad Murray(Founder)in

Berbix provides identity verification and fraud detection technology that online platforms integrate via SDKs to confirm users' identities and prevent fraudulent accounts.

Developer ToolsEnterprise SoftwareSaaSSan Francisco, US

Eric Levine(Founder)inSteve Kirkham(Founder)in

Coinbase Developer Platform provides cryptocurrency infrastructure including payments, wallet management, and on-chain development tools for businesses of any size to build and scale crypto-based applications.

Crypto & Web3Developer ToolsFintechSaaSSan Francisco, US

BloomThat offers same-day and next-day flower delivery through a mobile app and website, serving customers in major U.S. cities and nationwide.

ConsumerSan Francisco, US

Matthew Schwab(Founder/President)inDavid Bladow(Founder)inChad Powell(Founder/Product + Technology)in

Bristle provides digital tools and insights to help people assess and improve their oral health, positioning dental care as a preventive step toward overall wellness.

Digital HealthHealthtechWellness & FitnessSan Francisco, US

David Lin(Founder)inBrian Maurer(Founder)inShivam Patel(Founder)in

Buttercoin operates an open-source trading engine that matches buy and sell orders for digital assets on an order book. The platform serves traders and exchanges seeking high-volume transaction capacity.

FintechMarketplacesNew York City, US

Bennett Hoffman(Founder)in

Caliza provides cross-border payment infrastructure and multi-currency account management for businesses operating globally, enabling instant transfers, payouts, and compliant financial operations across North America, Asia, South America, Europe, and Africa. The platform offers embedded FX services, invoice factoring, and stablecoin integration alongside traditional banking capabilities.

Enterprise SoftwareFintech<UNKNOWN>

CapWay was a fintech company focused on creating inclusive financial access, but the company has ceased operations.

FintechSaaSAtlanta, US

Sheena Allen(Founder)in

Cogram builds AI-powered software tools for architects and engineers to automate documentation, reporting, and information retrieval from construction and architectural projects. The platform enables field teams to dictate observations and generate formatted reports, search across project documents, and manage emails without manual data entry.

AI & Machine LearningConstruction TechEnterprise SoftwareFuture of WorkSaaSNew York City, US

Alexander von Boetticher(Founder)inRicardo Wölker(Founder)in

CoinTracker is a cryptocurrency tax software platform that automatically imports transactions from wallets and exchanges to calculate gains, losses, and generate IRS-ready tax reports for US investors.

Crypto & Web3FintechSaaSSan Francisco, US

Jon Lerner(Founder)in

Curri provides logistics and delivery solutions for the construction and industrial materials supply chain. The company serves trades workers and construction professionals who need reliable material delivery rather than spending time sourcing supplies themselves.

AI & Machine LearningConstruction TechLogistics & Supply ChainPropTechSaaSLos Angeles, US

Brian Gonzalez(Founder)inMatthew Lafferty(Founder)inMattBrian

Depict builds a merchandising platform for brand-led e-commerce that enables brands to curate and control product discovery experiences online using AI, similar to the control they have in physical retail stores.

AI & Machine LearningE-commerceEnterprise SoftwareMarketing TechSaaSStockholm, SE

Oliver Edholm(Founder)in

Eclipse Foods makes plant-based ice cream designed to replicate the taste and texture of dairy ice cream using plant-derived ingredients. The company targets consumers seeking sustainable, healthy alternatives that reduce environmental impact.

Climate TechConsumerFoodTechSan Francisco, US

Aylon Steinhart(Founder)inThomas Elliott Bowman(Founder)inChef co-founder (name not stated)Aylon(Co-founder)

Enhanced Radar develops aviation-grade AI training datasets for pilot-controller communications, with end-to-end quality control from data collection through labeling. The company serves aviation safety and efficiency applications.

Advanced ManufacturingAI & Machine LearningDeep TechSpace TechSan Francisco, US

Eric Button(Founder)inKristian Gaylord(Founder)in

eqtble provides a people analytics platform that helps HR and talent leaders analyze workforce data to inform employment decisions. The platform aggregates insights from existing HR data sources for mid-to-large companies.

Enterprise SoftwareHR TechSaaSNew York City, US

Joseph Ifiegbu(Founder)inGabe Horwitz(Founder)inEthan Veres(Founder)in

Formic develops automation and robotics solutions for factories to increase production capacity and reliability while reducing costs, downtime, and safety risks. The company enables manufacturers to deploy automation without lengthy timelines or significant capital expenditure.

Advanced ManufacturingAI & Machine LearningRoboticsChicago, US

Shop Garage is an online marketplace for buying and selling specialized vehicles and equipment including fire trucks, ambulances, heavy machinery, and other emergency response vehicles.

Enterprise SoftwareMarketplacesNew York City, US

Martin Hunt(Founder)inAlaz Sengul(Founder)in

Glass Health provides an AI platform that assists clinicians in generating diagnostic hypotheses and developing treatment plans.

AI & Machine LearningHealthtechSaaS

Dereck Paul(Founder/CEO)inWilliam Hart(Founder/CTO)in

Gobble is a meal kit delivery service that provides pre-prepped ingredients and recipes designed for home cooks to prepare fresh dinners in 15 minutes. The company serves busy families and health-conscious consumers seeking convenient home-cooked meals without long-term commitments.

ConsumerFoodTechSan Francisco, US

Ooshma Garg(Founder/CEO)in

Greptile provides AI agents that review and test pull requests by constructing a graph index of the codebase and using a swarm of agents to detect code quality issues, security risks, and logical bugs across multiple files. The platform serves software development teams and integrates with GitHub and GitLab.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Daksh Gupta(Founder)inSoohoon Choi(Founder)inVaishant Kameswaran(Founder)in

Guide Labs is a product-focused research company developing interpretable AI systems that humans and domain experts can understand, steer, and debug. The company builds machine learning models designed for reliability and trustworthiness across applications including language models and image generation.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Julius Adebayo(Founder)in

A group communication platform for gaming communities that includes built-in calendars, discussion boards, and additional collaboration tools.

ConsumerGamingSan Francisco, US

Eli Brown(Founder & CEO)in

Heap provides analytics and data collection tools for growth marketers to optimize digital experiences, track user acquisition channels, measure engagement, and personalize messaging across the conversion funnel.

Data & InfrastructureEnterprise SoftwareMarketing TechSaaSSeattle, US

Matin Movassate(Founder/CEO)in

Jupe designs and manufactures off-grid dwellings for landowners seeking to activate their properties through hospitality or residential use. The company creates prefabricated, solar-powered living spaces produced in the United States with an emphasis on sustainable design and durability.

Advanced ManufacturingCleantechClimate TechConstruction TechHardwarePropTechSan Francisco, US

Jeff Wilson aka Professor Dumpster(Founder)inAntonio Gonzalez(Founder)inJon Leonardo(CEO)

Kapa is an AI agent platform that deploys on documentation sites to answer user questions directly from existing docs and connected sources. It helps documentation teams reduce support load, identify content gaps, and keep answers current through automated source updates.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFuture of WorkSaaS

Emil Soerensen(Founder)inFinn Bauer(Founder)in

LANDED is a mobile job matching platform that connects hourly workers in food service, hospitality, and warehouse operations with employers seeking to fill positions quickly. The platform uses AI and automated vetting to streamline hiring for workers and reduce time-to-hire for employers.

AI & Machine LearningB2B MarketplacesEnterprise SoftwareHR TechMarketplacesSaaSNew York City, US

Vivian Wang(Founder)inVivian

Lingo.dev provides translation APIs that teams configure with custom glossaries, brand guidelines, language preferences, and quality metrics, retaining context across requests to handle localization at scale for companies like Mistral and Solana.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Max Prilutskiy(Co-Founder & CEO)inVeronica Prilutskaya(Founder)in

Lob provides software and hardware infrastructure for automating, personalizing, and tracking direct mail campaigns at scale. The platform serves businesses seeking to integrate physical mail delivery with digital marketing tools while maintaining security and print quality.

Enterprise SoftwareLogistics & Supply ChainMarketing TechSaaSNew York City, US

Open Listings provided a homebuying platform that helped residential buyers purchase properties while reducing their real estate commission costs.

MarketplacesPropTechLos Angeles, US

Judd Schoenholtz(Founder/CEO)inPeter Sugihara(Founder/CPO)in

Orbital Ops develops propulsion systems and related aerospace hardware for airborne vehicles. The company draws on deep expertise in turbomachinery and propulsion integration.

Advanced ManufacturingDeep TechDefense TechHardwareSpace TechLos Angeles, US

Ben Schleuniger(Founder)inRoss Doherty(Co-Founder & COO)inHunter

Pano develops artificial intelligence and machine learning technology solutions to help utility companies and fire agencies detect and manage wildfire threats. The company serves emergency managers and professionals in the utility and fire industries seeking to protect communities from wildfires.

AI & Machine LearningClimate TechDefense TechEnterprise Software

Gradient Health builds an open research platform for medical imaging that enables developers to create and validate machine learning algorithms for radiology workflows. The platform provides secure access to production-scenario medical datasets and integrates with PACS vendors to support clinical imaging research.

AI & Machine LearningCloud ComputingDeveloper ToolsDigital HealthEnterprise SoftwareMedical DevicesNew York City, US

Dillon Erb(Founder/CEO)inDaniel Kobran(Founder)inOuwen Huang(CEO)

Picogrid provides software and edge computing networks to integrate heterogeneous sensors, drones, and autonomous systems for real-time command and control across defense and wildfire detection applications. The vendor-neutral platform enables interoperability between government and commercial systems for coordinated operations and faster decision-making.

AI & Machine LearningDefense TechGovTechIoTRobotics<UNKNOWN>

Ottimate is an AI-driven accounts payable automation platform that automates invoice processing, coding, routing, approval, and payment across the invoice lifecycle. The software serves finance teams, CFOs, and bookkeepers across industries.

AI & Machine LearningEnterprise SoftwareFintechSaaSLondon, GB

Bhavuk Kaul(Founder/CEO)in

RankScience is a local SEO agency that helps San Francisco Bay Area businesses improve their visibility in search results through Google Business Profile optimization, citation building, content creation, and review management. The company serves local businesses and enterprises seeking to increase organic customer acquisition in competitive Bay Area markets.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Ryan Bednar(Founder/CEO)in<UNKNOWN>

Satsuma provides infrastructure for developers to extract, transform, and query blockchain data from multiple networks via APIs. The platform addresses the technical challenge of accessing distributed ledger information for web3 application development.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Jonathan Kau(Founder)inDan Li(Founder)in

Satsuma enables ecommerce merchants to connect their product catalogs and checkout systems to AI agents like ChatGPT, Google Gemini, and Claude through Model Context Protocol (MCP) servers. The platform builds and deploys MCP infrastructure that allows AI assistants to discover, recommend, and transact on behalf of consumers across multiple commerce channels.

AI & Machine LearningE-commerceSaaS

Sendwave provides international money transfer services designed to simplify remittances through digital channels with low fees and fast transfers, serving customers who want to send money across borders without visiting physical locations.

B2B MarketplacesFintechBoston, US

Drew Durbin(Founder/CEO)in

Seneca Systems builds software for government agencies that consolidates constituent communications, tracks service requests, and tracks constituent feedback. The platform is designed specifically for the needs of government staff managing public inquiries and service delivery.

GovTechSan Francisco, US

Nick DeMonner(Founder/CEO)in

Shogun provides software tools for ecommerce store optimization and management, integrating with platforms like Shopify and BigCommerce. The product is designed to help merchants build and optimize their online stores through an intuitive interface.

Developer ToolsE-commerceEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Finbarr Taylor(Founder/CEO)inNick Raushenbush(Founder)in

SpecCheck provides software for opticians, optical labs, and their enterprise partners to manage order communication and lab operations. The platform replaces manual processes like faxed reports and phone calls with a digital workflow.

Enterprise SoftwareHealthtechSaaSLos Angeles, US

Joe DeMaria(Founder)inArnold Villatoro(Founder)in

Stacker converts data from spreadsheets, Airtable, or databases into web applications for internal teams, external partners, or customers without requiring custom development.

Enterprise SoftwareFuture of WorkSaaSLondon, GB

Michael Skelly(Founder)inSam Davyson(Founder)in

Stellar Sleep develops a digital solution for sleep management, founded by former insomniacs in collaboration with sleep experts.

Digital HealthHealthtechWellness & FitnessBoston, US

George W(Founder)inEdrei Chua(Founder)in

Sygaldry develops quantum-accelerated AI servers that combine multiple qubit modalities to speed up training and inference for AI models. The company targets AI companies and researchers seeking more efficient, cost-effective compute infrastructure.

Advanced ManufacturingAI & Machine LearningHardwareQuantum ComputingAnn Arbor, US

Chad Rigetti(Founder)inIdalia Friedson(Founder)in

Termius builds a modern SSH client and terminal application for engineers, replacing legacy tools with improved productivity and collaboration features.

CybersecurityDeveloper ToolsEnterprise SoftwareUnited States, US

Roman Kudiyarov(Founder)inDmitry Lyfar(Founder)in

TerrAvion collects and delivers weekly aerial imagery at high resolution for agricultural operations, positioning itself as a cost-effective alternative to satellite and drone-based approaches. The company supplies raw imagery data to agronomic service providers and crop consultants who integrate it into their advisory and decision-support offerings for farmers.

Advanced ManufacturingAgTechSan Francisco, US

Robert Morris(Founder/CEO)in

Allocate is a technology platform that enables wealth advisory firms and asset managers to manage private markets investments at scale, offering AI-powered diligence workflows, white-labeled investment vehicles, and unified portfolio tracking. The platform serves registered investment advisors (RIAs) and asset managers seeking efficient capital flows and operational streamlining in private markets.

AI & Machine LearningFintechSaaS

TigerEye develops AI software for construction professionals to improve job site management and decision-making. The company serves field workers and construction teams seeking to optimize workflow and resource allocation on building projects.

AI & Machine LearningConstruction TechPropTechSan Francisco, US

Tracy Young(Founder)inRalph Gootee(Founder)inTracyRalph

Triplebyte operates a marketplace connecting software engineers with growing technology companies, using assessments to match candidates with employers seeking technical talent.

Enterprise SoftwareHR TechSaaSSan Francisco, US

Ammon Bartram(Founder/CEO)in