Twelve Below — Full Portfolio

Breadboard works to reduce supply chain friction for companies that build and fulfill demand for electronic devices.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareHardwareLogistics & Supply ChainSaaSNew York, US

Zachary Feuerstein(Executive Officer, Director, Promoter)Georgy Balayan(Executive Officer, Director, Promoter)

Board seatBLByron Ling· per SEC Form D · $4M raise · filed Jun 2023

Accrue provides digital lending, account opening, and treasury onboarding solutions built on the Salesforce platform for financial institutions.

Enterprise SoftwareFintechSaaS

Co-investorsFIFINTOP CapitalPAPatriot Financial PartnersGOGood FriendsGRGround Up VenturesKRKraynos CapitalMAMaple VC+3 more

Accrue is a cross-border money app for sending and receiving money across Africa and the US, opening US bank accounts, making online payments via a virtual dollar card, saving, and investing.

ConsumerFintech

CMClinton Mbah(Founder & CEO)

Co-investorsHOHoaQLALattice CapitalMAMaven 11GOGood FriendsGRGround Up VenturesKRKraynos Capital+4 more

Accrue is a fintech company providing a branded stored-value wallet platform that lets brands manage payments and refunds, reward customer loyalty, and reduce reliance on traditional payment processors.

E-commerceFintechMarketing TechSaaS

Co-investorsBOBoxGroupFOFour Acres CapitalGOGood FriendsHAHabitat PartnersMAMaple VCGRGround Up Ventures+3 more

Architect Financial Technologies develops proprietary software and trading platforms for futures, options, and securities trading.

Crypto & Web3Fintech

Co-investorsTITioga Capital PartnersCOCoinbase VenturesGAGalaxy VenturesSTStrobe VenturesTHThird Kind Venture CapitalTQTq Ventures Llc+1 more

Arya Health provides AI-powered digital agents that automate administrative and workforce management tasks for healthcare operators, including onboarding, scheduling, payroll, compliance, and performance management.

AI & Machine LearningHealthtechHR Tech

Co-investorsACACME CapitalF7f7 VenturesFOFour Acres CapitalOCOceans VenturesRERed & Blue Ventures

ASAPI builds post-training data systems designed to make AI agent judgment dependable across long, complex projects.

AI & Machine LearningData & InfrastructureDeep Tech

Aston operates an integrated power service delivering utility-grade capacity through modular generation, transmission, storage, and real-time control systems.

CleantechCloud ComputingDeep TechEnergyHardwareIoT

Co-investorsJLJLL Spark Global VenturesHPHPS Investment Partners, LLC

Aston Labs operates an integrated power capacity service combining on-site thermal generation, transmission infrastructure, renewable and gas generation, energy storage, and real-time controls software to deliver reliable electricity to large industrial customers without utility interconnection delays.

CleantechCloud ComputingDeep TechEnergyEnterprise Software

Co-investorsUNUnlock Venture Partners

Barnwell Bio runs a biosurveillance platform that analyzes environmental samples such as waste streams to detect pathogen trends and provide animal health data.

AgTechAI & Machine LearningBiotechDeep TechFoodTechNew York, US

CMCasey McGinley(Executive Officer, Director)inMRMichael Rhys(Executive Officer, Director)inJBJake Byrnes(Executive Officer)in

Co-investorsAGAg Ventures AllianceAGAgLaunch AcceleratorDODorm RoomMAMax Ventures

Accrue is a fintech company that enables brands to manage customer loyalty and payments through a stored value wallet solution, allowing them to control payments and refunds while rewarding customer behavior.

Enterprise SoftwareFintechSaaS

Co-investorsAGAglae VenturesCECentre Street PartnersGRGround Up Ventures

Caladan provides financial services or investment management, with a team drawn from finance, real estate, and creative backgrounds.

Crypto & Web3FintechSector AgnosticSingapore, SG

John GuNYNigel YoungEWEva WenginRCRemi ColinmaireinSZStephany Zooin

Co-investorsALAlphaLab CapitalCOCollaborative FundLELerer HippeauWIWireframe Ventures

Caladan Bio develops high-throughput benchtop bioreactor hardware and software for laboratory bioprocessing, enabling faster experimentation and lower costs for biotech R&D teams.

AI & Machine LearningBiotechHardwareNew York, US

Michael Kobida(Founder)inRJRob Jauquet(Founder)in

Co-investorsCOCollaborative FundLELerer HippeauRIRitual CapitalWIWireframe VenturesFAFactorial Capital

Celéri builds real-world evidence infrastructure that connects point-of-care outcomes, commercial registries, and regulatory-grade data for medtech and pharma sponsors, interventional pain physicians, and payers.

Digital HealthHealthtechMedical Devices

Co-investorsIAIaso Ventures

Conduit automates freight handoff and transfers through digital tools, addressing the analog processes that occur when freight changes hands between logistics operators.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US

CLConrad Lilleness(Founder)in

Co-investorsY Y CombinatorDRDrive CapitalENEniac VenturesHAHaun VenturesINInnovation EndeavorsPAParadigm

Conduit provides an AI agent platform for the hospitality industry that automates guest interactions across multiple channels, handles bookings and upsells, manages internal operations, and delivers leadership insights integrated with existing systems.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

CRCole Rubin(Founder)inPKPunn Kam(Founder)in

Co-investorsPIPi LabsY Y CombinatorDRDrive CapitalENEniac VenturesHAHaun VenturesINInnovation Endeavors+1 more

Conduit provides infrastructure for global financial transactions, serving clients who need fast and reliable payment processing across different markets and regulatory environments.

Enterprise SoftwareFintechSaaS

Matt Zisow(Founder)KGKirill Gertman(Founder)in

Co-investorsCOCore Venture CapitalGRGradient VenturesINInovia CapitalCOCoinbase VenturesDRDrive CapitalENEniac Ventures+5 more

Conduit provides enterprise-grade blockchain infrastructure for production use cases, including rollups, Layer 1 chains, RPC nodes, and professional deployment services.

Crypto & Web3Enterprise SoftwareFintech

Co-investorsCOCoinbase VenturesHAHaun VenturesLILiam HornePAParadigmSCScott SunartoDRDrive Capital+3 more

Conduit builds non-invasive brain-to-computer interface technology, including a thought-to-text system where a headset completes a user's sentences from their thoughts.

AI & Machine LearningDeep TechHardwareSan Francisco, US

CVClem von Stengel(Founder)inRPRio Popper(Founder)in

Co-investorsTRTranspose Platform ManagementWOWonder VenturesBABankless VenturesCOCoinbase VenturesCRCredibly NeutralDRDragonfly+7 more

Coral is an AI-driven automation platform that handles patient intake for healthcare operations, consolidating faxes, emails, and documents into a single queue and automating steps from referral through document extraction, eligibility verification, qualification, and EHR sync.

AI & Machine LearningHealthtechSaaS

Co-investorsZ4Z47ALAlleyCorpBLBlackhorn VenturesFLFloating PointHAHaymaker VenturesLILightspeed Venture Partners+6 more

Coral provides software that lets HVAC and home electrification contractors turn utility and government rebates into instant upfront discounts, handling eligibility validation, rebate filing, and follow-ups.

CleantechClimate TechFintech

Co-investorsENEntrepreneurs Roundtable Accelerator (ERA)FLFloating PointNENew Climate VenturesREResilienceVCWOWorkshop Venture PartnersZ4Z47+2 more

Coral is a sexual wellness app offering guidance and educational content to help people improve intimacy, desire, and their sex lives, developed with input from sex therapists, educators, and researchers.

ConsumerDigital HealthMental HealthWellness & Fitness

Isharna(Founder)

Co-investorsALAlpha EdisonALAlleyCorpBLBlackhorn VenturesFLFloating PointHAHaymaker VenturesLILightspeed Venture Partners+6 more

Dispatch is a data orchestration platform that connects wealth technology software by automating client data collection and synchronization across advisory firm tech stacks.

Data & InfrastructureEnterprise SoftwareFintechSaaS

RNRob Nance(Co-founder, CEO)inMAMadalyn Armijo(Co-founder, COO)inRLRafi Lurie(Co-founder, CPO)in

Co-investorsBRBrewer Lane VenturesF-F-Prime CapitalFIFikaFLFlyover CapitalMAMassMutual VenturesNENew York Life Ventures+3 more

Draftboard is an AI agent that identifies the best connections in a user's network to facilitate warm introductions to sales prospects, investors, founders, and job candidates.

AI & Machine LearningSaaSSales Tech

Co-investorsCECentre Street PartnersGRGround Up Ventures

EdotEnv is a quant research lab building reinforcement-learning environments at scale from financial market data, designed to increase in difficulty so AI agents can continuously improve.

AI & Machine LearningDeep TechEnterprise SoftwareFintechSan Francisco, US

RWRui Wang(Founder)inMZMichael Zhang(Founder)in

Co-investorsTRTranspose Platform ManagementVEVela PartnersY Y Combinator

Forte is an online music education platform that connects students with professional music teachers across time zones for live, one-on-one lessons.

EdTechMarketplacesMedia & Entertainment

Mark Murtaugh(Co-founder & CEO)Hunter McGranahan(Co-founder and CPO)in

Co-investorsBLBling Capital

Fort Health is a pediatric mental health platform built in partnership with the Child Mind Institute, focused on addressing mental health disparities among Black and Hispanic youth.

Digital HealthHealthtechMental Health

Co-investorsTRTrue Wealth Ventures

Goodwin builds a white-labeled software platform for private jet charter brokers and operators, offering tools for aircraft sourcing, proposal creation, checkout/payments, and AI-driven pricing signals.

AI & Machine LearningSaaSTravel & Hospitality

Co-investorsCACanaan Partners

No-code application-building platform (formerly Archetype) that lets business users create internal tools from process and policy.

Media, US

Dan Lievens(Executive Officer, Director, Promoter)Erin Lievens(Executive Officer, Director, Promoter)

Co-investorsVOVoLo Earth VenturesMOMorado Ventures

Health Universe transforms fragmented patient records into structured, AI-ready data with built-in governance and clinical validation, enabling healthcare organizations to deploy agents that automate high-priority workflows like visit preparation and denial appeals.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtech

DCDan Caron(Founder and CEO)inDFDoug Fridsma(Chief Medical & Science Officer)inJMJim Muir(Chief Technology Officer)inSBSuzy Bureau(Chief Product Officer)inRCRoss Cantor(Chief Commercial Officer)inDCDoug Cassidy(Senior Leader)in

Co-investorsKLKleiner PerkinsONOncology Ventures

Indie Health provides administrative infrastructure and support tools for independent medical practices, aiming to reduce administrative costs so providers can focus on patient care.

Digital HealthHealthtechSaaSNew York, US

ECEddie Czech(Co-Founder / CEO)inEric deRegt(Co-Founder / CTO)in

Co-investorsEXExpansion Venture CapitalFOFour Acres Capital

Jar is an Indian fintech app that helps users save money by investing in digital gold, positioning itself as a simplified savings tool for everyday consumers.

ConsumerFintechSaaS

MAMisbah Ashraf(Founder)in

Co-investorsADAdvantedge FoundersARArkam VenturesCACapria VenturesEMEmphasis VenturesEXEximius VenturesKAKalaari Capital+17 more

Lemma provides a consolidated banking and treasury platform for healthcare practices, including solo practices and multi-entity groups (MSO-PC and DSO-PC).

FintechHealthtechSaaS

Co-investorsADAdapt VenturesMAMatrixY Y Combinator

Inn-Flow provides procurement automation software for hospitality businesses to manage vendors, reduce procurement time, and lower order costs.

Enterprise SoftwareFintechFoodTechSaaS

NENadine ElAshkar(Co-Founder & CEO)inJAJavier Araya(Co-Founder & COO)inPCPablo Correa(CTO)in

Mantra Health provides mental health and wellness services for students, partnering with higher education institutions to offer clinical care, crisis management, and wellness programs.

Digital HealthEdTechHealthtechMental HealthNew York, US

Edouard Gaussen(Executive Officer, Director)Ed Gaussen(Cofounder)Matthew Kennedy(Executive Officer)

Co-investorsBABaleon CapitalCICity LightHOHOF CapitalNENew Markets Venture Partners

Mento provides 1:1 executive coaching and mentorship paired with AI acceleration, matching leaders with experienced coaches who have held similar roles at top companies to drive faster skill development and business outcomes.

AI & Machine LearningFuture of WorkHR TechLos Angeles, US

JAJamie Albers(Founder)inAMAlex Marcus(Founder)in

Co-investorsNENextGen Venture PartnersZAZag Capital

Nome offers genetic medicine development as a service, helping rare disease families, foundations, and health systems access and develop personalized n-of-1 genetic therapies.

AI & Machine LearningBiotechDigital Health

SRStevie Ringel(Founder)

Odyssey unlocks capital for the distributed energy sector in growth markets, enabling clean energy projects to be developed and financed faster.

CleantechClimate TechEnergyFintech

EmilyinPPiyushinElissain

Co-investorsABAbstract VenturesBRBroadscaleEQEqual VenturesEQEquatorUNUnion Square Ventures (USV)AMAMD Ventures

Dispatch is a data orchestration platform for the wealth advisory ecosystem that automatically syncs client data across disparate software tools and integrations.

AI & Machine LearningData & InfrastructureFintechSaaSMiami, US

Robert Nance(Executive Officer, Director, Promoter)Madalyn Armijo(Director, Promoter)

BoardCDChris Downer(Director)inDJDavid Jegen(Director)inRafi Lurie(Director)

Co-investorsEXExpaBRBrewer Lane VenturesCOCoFound Partners VentureF-F-Prime CapitalFIFika VenturesRIRitholtz Wealth Management

Pet's Table is a direct-to-consumer pet food delivery service in Mexico that provides fresh, natural dog food tailored to individual pets' nutritional needs.

ConsumerDirect to ConsumerFoodTech

Co-investors64640 OxfordLELeft Lane CapitalRERed Sea Ventures

Phaselaw is a software platform that automates the processing of public records requests, freedom of information requests, and data subject access requests for government agencies and public sector organizations.

AI & Machine LearningData & InfrastructureEnterprise SoftwareGovTechLegalTechSaaS

JSJosh Schwartz(CEO)inDVDavid van Dokkum(CTO)in

Phaselaw is document review and redaction software that ingests large document sets, deduplicates and organizes files, and produces review-ready PDFs with search and redaction tools.

AI & Machine LearningLegalTechSaaS

JSJosh Schwartz(Founder)in

The Proxy Company builds Proxy, a personal AI intelligence layer for macOS and iPhone that runs multiple AI agents, models a user's world through a "Life Map" graph, and connects to external tools and services.

AI & Machine LearningConsumerDeveloper ToolsBrooklyn, US

Relay Commerce provides software solutions for e-commerce merchants to help them scale and manage their operations.

E-commerceRetail TechSaaSAtlanta, US

RHRicardo Hinds(Executive Officer, Director)in

BoardCLCassie Lancellotti-Young(Director)in

Co-investorsALAlleyCorpPRPrimary Venture PartnersALAlley Robotics Ventures

Remark provides AI-powered customer support and shopping assistance for e-commerce businesses, using AI personas to answer shopper questions and resolve support tickets while routing complex cases to human agents.

AI & Machine LearningE-commerceRetail TechSaaS

TSTheo Satloff(Co-founder & CEO)inCarl-Philip Majgaard(Co-founder & Tech Lead)IPIan Patterson(Co-founder & Sales)in

Co-investorsINInspired CapitalSHShine CapitalSPSpero VenturesSTStripeSUSugar CapitalVIVisible Ventures

Rondah AI provides an AI front desk solution for dental service organizations (DSOs) and practices, automating patient conversion and scheduling operations.

AI & Machine LearningDigital HealthHealthtechSaaSDover, US

ASAllan Svirsky(Founder)in

Co-investors202048 VenturesTETechstars

ShareWillow is a software platform for designing, launching, and managing employee incentive and profit-sharing plans, aimed primarily at small businesses.

Future of WorkHR TechSaaSNew York, US

RSRyan Shank(Founder)inTGTaylor Greene(Director)in

Co-investorsEXExpaHAHabitat Partners

Solstice connects households and businesses to local solar farms through a software platform that qualifies subscribers based on energy needs rather than credit scores, enabling bill savings through solar credits.

CleantechClimate TechEnergySaaSBoston, US

SMSandhya Murali(Co-Founder & CEO)inSSSteph Speirs(Co-founder)in

Co-investorsAMAmerican Family Insurance Institute for Corporate and Social ImpactDODorm RoomSESE VenturesTETechstarsTRTrue Wealth VenturesFOFord Street Ventures+3 more

Solstice is a health-focused company working on improving medicine, positioning itself around solving difficult problems in the space.

AI & Machine LearningDigital HealthHealthtechMarketing Tech

Co-investorsVIVirtue Ventures

Table22 is a platform that helps independent restaurants, food producers, and beverage retailers grow revenue through subscription and direct-to-consumer tools.

B2B MarketplacesE-commerceFoodTechLogistics & Supply ChainSaaS

SBSam Bernstein(Founder)in

Co-investorsFOFootworkFOForerunner VenturesLILightspeed Venture PartnersALAlmanac InsightsAVAvenir Growth CapitalMEMetaProp+5 more

Truehold Financial provides financing for real estate investors, including long-term loans for rental properties qualified on property cash flow and short-term loans covering purchase and renovation costs.

FintechPropTechSt. Louis, US

ATAzat Tulegenov(Founder)inCAConnie Adams(CEO)in

Co-investors2525MadisonBABAM VenturesCLClocktower VenturesGRGreat Wave VenturesHAHabitat PartnersLALaunchpad Capital+3 more

Turbo is a 2D game engine and gaming backend for building low-res, sprite-based games, featuring a live coding environment, built-in multiplayer with servers and leaderboards, and small web-ready builds.

Cloud ComputingDeveloper ToolsGaming

Co-investorsADAdvancit CapitalBRBridgex VenturesRERevo CapitalTRTreeo VC

Voiceops is an AI platform that analyzes customer conversations across calls, email, SMS, and chat to generate structured business intelligence.

AI & Machine LearningEnterprise SoftwareSaaSSales TechNew York City, US

EBEthan Barhydt(Founder/CEO)in

Co-investorsBOBonfire VenturesFOFour Acres CapitalRIRiverPark VenturesY Y CombinatorFLFlare Capital PartnersKEKearny Jackson+5 more

Page automates government intelligence gathering for government relations and legal consulting firms by monitoring legislative proceedings, consultations, and regulatory filings across 80+ jurisdictions and delivering client-specific briefings and transcripts.

AI & Machine LearningEnterprise SoftwareGovTechLegalTechSaaS