Fundraising Fox

Walnut Venture Associates

Angel network

Wellesley · Seed · 23 people tracked

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Investment thesis

Walnut Ventures backs early-stage, tech-enabled B2B and B2C startups, believing that the best investments come through collaboration. Its members contribute decades of operating experience, board leadership, and angel investing, aiming to add more than money. The group reviews a curated number of startups monthly, conducts due diligence, and invests selectively where it can drive growth. Post-investment, members act as mentors and connectors, helping founders build teams, refine strategy, and secure additional capital and customers. Walnut favors teams with vision, traction, and ambition to scale, and co-syndicates with other angel groups and institutional funds.

Source: firm website, verified Aug 3, 2026.

Stage
Seed
HQ
Wellesley, Massachusetts, US
Leads rounds
Follows
Instruments
Equity
Tracked investments
99

Team · 23 people

from the firm's website
Brian Denenbergin
Mark Carthyin
Michael Markin
Russell Krampin
Sal Daherin
William Eberleyin

What they invest in

from 75 of 99 portfolio companies

SaaS ×29AI & Machine Learning ×21Healthtech ×20Digital Health ×13Biotech ×11Consumer ×9Enterprise Software ×9Fintech ×9

HQs:United States×56Canada×2Germany×1United Kingdom×1

Investments · 99 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12021 · 22019 · 22018 · 12015 · 29 dated

<UNKNOWN>
AceUpaceup.comin𝕏

AceUp provides leadership development and team coaching services focused on building emotional intelligence, communication, and management skills among organizational leaders.

AI & Machine LearningEnterprise SoftwareHR TechBoston, US

Will Foussier(Executive Officer, Director, Promoter)John Huysmans(Director)

Co-investorsBantam GroupLaunchpad Venture GroupPJCTechstarsService Provider Capital

AdStashadstash.comin

AdStash provides a platform and device that enables businesses to monetize digital screens through targeted advertising, serving venues ranging from small retail stores to large facilities with multiple displays.

AdTechSaaSToronto, CA

Co-investorsalphabet angelsCapital InnovatorsExtreme Venture PartnersExtreme Venture Partners LLP

Agile Devicesagiledevices.comin𝕏

Agile Devices develops the Angler, a steerable and deflectable microcatheter that lets interventional radiologists actively adjust and steer the distal tip during procedures.

HardwareHealthtechMedical DevicesNewton Centre, US

Benjamin Merewitz(Executive Officer, Director)Leo Tsai(Executive Officer, Director)Yuyin Chen(Executive Officer)

BoardPatrick Rivelli(Director)Christopher Rich(Director)

Co-investorsBantam GroupBeacon AngelsLaunchpad Venture Group

Akili Interactiveakiliinteractive.comin𝕏

Akili Interactive develops digital medicine delivered through video game experiences, combining neuroscience with interactive technology as a therapeutic treatment.

Digital HealthGamingHealthtech

Co-investorsDG Daiwa VenturesEvidity Health CapitalJAZZ Venture PartnersMachina VenturesM Ventures

Alice's Tablealicestable.cominJul 2019

Alice's Table is an online florist and gifting retailer offering flower arrangements, plants, gift baskets, and food items such as chocolate-covered strawberries for various occasions.

ConsumerDirect to ConsumerE-commerceWellness & FitnessBoston, US

Alice Rossiter(Executive Officer, Director)

Co-investorsTechstars

AltrixBioaltrixbio.comApr 2025

AltrixBio develops AJN003, a non-systemic, once-daily oral therapy for type 2 diabetes and related metabolic conditions that transiently coats the stomach and upper intestine to shift nutrient sensing and trigger a metabolic reset similar to bariatric surgery.

BiotechDigital HealthWilmington, US

Jeffrey Karp(Director)Ali Tavakkoli(Co-founder)Nancy Briefs(Executive Chair of the Board & Founder)Jeff Karp(Co-founder)

BoardJohn Brooks(Director)

AOA Dxaoadx.comin𝕏

AOA Dx develops a blood-based liquid biopsy platform using mass spectrometry and machine learning to detect ovarian cancer at early stages through tumor-associated biomarkers in serum.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesDenver, US

Oriana Papin-Zoghbi(Founder)inAlex Fisher(Founder/COO)inAnna Jeter(Founder)inOriana Zoghbi-Harb(Executive Officer, Director)Abigail Mcelhinny(Executive Officer)

BoardSurbhi Sarna(Director)

Co-investorsAlleyCorpGood Growth CapitalJoyance PartnersY CombinatorAstiaAurum Venture Partners+18 more

Bigtincanbigtincan.comin𝕏

Bigtincan, together with Showpad, provides a sales enablement and revenue effectiveness platform combining content management, sales readiness, buyer engagement, and AI-driven analytics.

AI & Machine LearningSaaSSales Tech

BioFeynbiofeyn.com

BioFeyn is a life sciences company that applies biomedical nanoencapsulation technology (its "Feyn" delivery mechanism) to feed ingredients, improving nutrient absorption and bioavailability in animals.

AgTechBiotechFoodTechBoston, US

Co-investorsHBS Angels of Boston

BrandYourselfbrandyourself.comin𝕏

BrandYourself provides software and managed services for online reputation management and personal privacy protection, letting individuals scan for risk factors, clean up Google results and social media, and remove personal information from data broker sites.

ConsumerCybersecuritySaaS

Co-investorsBlossom Street VenturesBoston Harbor AngelsNAV.VCNew York Venture PartnersUpVentures Capital

Brndtsbrndts.comApr 2024

BRNDTS provides AI-driven in-video advertising technology that automatically places contextually relevant ads within live and on-demand video content.

AdTechAI & Machine LearningMedia & EntertainmentMiami, US

Federico Cismondi, PhD(Founder)inFederico Cismondi(Executive Officer, Director)

BoardCarlos Boto(Director)

Cactivatecactivate.com

Autonomous AI marketing solution for SMBs enabling real-time campaign prediction and optimization.

Co-investorsEmerging Ventures

Chiefofstaffchiefofstaff.com
CIMCONcimconlighting.com

CIMCON provides an IoT platform that connects streetlights, distribution transformers, and residential meters on utility poles, offering remote control, metering, fault detection, and predictive analytics for cities and utilities.

EnergyHardwareIoT

Co-investorsNXT Ventures

CleanFibercleanfiber.com

CleanFiber manufactures cellulose-based insulation from recycled newsprint for the building materials industry.

Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsBuffalo, US

Sami Rahman(CEO)Erik Gregory(Chief Financial Officer)Jonathan Strimling(Executive Officer)James Austin(Executive Officer)Marco Peterson(Executive Officer, Director)

BoardNoah Lerner(Director)

Co-investorsAligned Climate CapitalBoston Harbor AngelsClean Energy VentureClimate Innovation CapitalGlobal BrainKeiretsu Forum+6 more

Cobulivecobu.comin𝕏

Cobu is a community building platform that helps residents of apartment buildings form genuine communities and combat loneliness.

AI & Machine LearningPropTechSocialBoston, US

Ben Pleat(Co-Founder & CEO)in

Co-investorsBeni Venture CapitalTechstarsThird Act Ventures

Concentricmarketconcentricmarket.com

Co-investorsBantam Group

Directivecommunicationsdirectivecommunications.com
doDOCdodoc.comin

SaaSBoston, US

Co-investorsTechstarsCaixa Capital

Drinkpremamadrinkpremama.com

Co-investorsBoston Harbor Angels

Drop Wisedrop-wise.com

Co-investorsNXT Ventures

Everyday Life Insuranceeverydaylifeinsurance.comin𝕏

Everyday Life Insurance is a licensed insurance brokerage offering life insurance to families in the United States.

FintechInsurTechAndover, US

Jake Tamarkin(Founder)in

Co-investorsGlobal Insurance AcceleratorTechstarsPlug and Play Ventures

Ezcaterezcater.comin

ezCater provides a platform for restaurants and catering businesses to grow orders through a marketplace, online ordering system, and delivery management tools.

B2B MarketplacesEnterprise SoftwareFoodTechMarketplacesSaaSBoston, US

Stefania Nappi Mallett(Executive Officer, Director)Edward Briscoe Rodgers(Executive Officer, Director)

BoardDouglas Suliman(Director)Christopher Cuddy(Director)P. Michael Masterson(Director)

Co-investorsICONIQInsight PartnersLaunchpad Venture GroupLeft Lane CapitalLightspeed Venture PartnersSoftBank Vision Fund+1 more

Fairmarkitfairmarkit.comin

Fairmarkit provides a strategic sourcing platform that lets procurement teams create governed RFPs, structure supplier evaluations, and run scenario-based award analysis balancing price, quality, risk, and sustainability.

AI & Machine LearningEnterprise SoftwareSaaS

Kevin Frechette(Founder)inTarek Alaruri(Cofounder)

Co-investorsInsight PartnersIntrepid Growth PartnersMassVenturesNew Stack VenturesNewfund CapitalNotable Capital+2 more

FamilyWellfamilywellhealth.com

Co-investors.406 VenturesGreyMatter

Folia Healthfoliahealth.comin𝕏

Folia Health is a digital health platform that enables patients and caregivers to track symptoms, treatments, and health outcomes through personalized surveys, generating home-reported outcomes data used by life sciences companies and researchers to understand real-world treatment impacts.

Data & InfrastructureDigital HealthHealthtechMassachusetts, US

Nell Meosky Luo(CEO and Chairman)inDan Toffling(Co-Founder & CTO)Paul T. Meosky(Executive Officer, Director)

Co-investorsBantam GroupCrosslink CapitalJoyance PartnersLaunchpad Venture GroupSocial StartsTBD Angels+5 more

Gain Lifegainlife.comin

Crosstie is a configurable AI and automation platform for the property and casualty insurance claims lifecycle, offering eight modular solutions covering documents, voice, messaging, portals, claim intelligence, loss control, and data integration.

AI & Machine LearningInsurTechSaaS

Co-investorsMassMutual Ventures

GBSgbs.comin

GBS is a German manufacturer of modular email security and management software, including its iQ.Suite, offering threat protection alongside governance, risk and compliance (GRC) capabilities.

CybersecurityEnterprise SoftwareSaaS

Groupizegroupize.comin

Groupize offers an AI-driven platform for enterprise meetings and events management, covering venue sourcing, planning, attendee registration, travel logistics, and spend visibility.

AI & Machine LearningEnterprise SoftwareSaaSTravel & HospitalityBeverly, US

Charles de Gaspe Beaubien(Executive Officer, Director)Alisa de Gaspe Beaubien(Executive Officer, Director)Denice Sakakeeny(Executive Officer)

BoardGail Hoffman(Director)David Krauter(Director)Eugene Zimon(Director)

Co-investorsLaunchpad Venture GroupNXT VenturesGolden SeedsThayer Ventures

HappyNesthappynest.comin

HappyNest is a nationwide laundry pickup and delivery service in the US that collects, professionally cleans, folds, and returns household laundry through local providers.

ConsumerLogistics & Supply ChainMarketplacesEast Greenwich, US

Jesse Prince(Founder)inJohn MacKrell(Founder & CEO)Gilbert Conover(Director)Geoffrey Fudge(Executive Officer, Director)

Co-investorsBantam GroupSlater Technology Fund

Healthjumphealthjump.cominAcquired

Data & InfrastructureDigital HealthHealthtechPhoenixville, US

James Rowland(Executive Officer, Director)Clifford Cavanaugh(Executive Officer, Director)Shanti Aboitiz(Executive Officer, Director)Martin Aboitiz(Executive Officer, Director)

BoardMark Ribeiro(Director)

Helloprezencehelloprezence.com
HigherMehigherme.comin𝕏Acquired

<UNKNOWN>

Enterprise SoftwareHR TechSaaSToronto, CA

Rob Hunter(Founder/CEO)inJef Chedeville(Founder/CTO)inEvan Lodge(Vice President, Chief Technology Officer)

Co-investorsCostella KirschForefront VentureFundersClubY CombinatorTSVC

Hilltop Biohilltopbio.com

Hilltop Bio develops regenerative biologic therapies for veterinary medicine, using its proprietary BioStabyl process to preserve biological components such as exosomes, extracellular matrix proteins, and growth factors.

BiotechHealthtechNorwood, US

Mark Williams(Executive Officer, Director)Amanda Drobnis(Executive Officer, Director)

BoardJessica McLear(Director)Alan Watson(Director)Denise Bevers(Director)

Co-investorsBand of AngelsBeacon AngelsLaunchpad Venture GroupRevUp CapitalGolden Seeds

Hiltihilti.comin

Hilti supplies power tools, fastening and structural connection systems, along with related software and services for professional construction and building trades.

Advanced ManufacturingConstruction TechHardware

HomeBinderhomebinder.comin𝕏

HomeBinder is a digital platform that centralizes and organizes information about residential homes, including manuals, warranty details, and service history, serving homeowners and professionals in the real estate ecosystem (agents, inspectors, builders, lenders, and property managers).

ConsumerPropTechSaaSBurlington, US

Jack Huntress(Founder, CEO)

Co-investorsBantam GroupMaroon Venture Partners FundTechstars

Imago Rehabimagorehab.com

Imago Rehab provides at-home rehabilitation for people recovering from neurological or cardiovascular conditions, using one-on-one therapy delivered via telerehabilitation combined with robotic devices, gamification, and an integrated care team.

Digital HealthHealthtechMedical DevicesRoboticsLowell, US

Kristin Nuckols(Executive Officer)Conor James Walsh(Director)Gene Tacy(Executive Officer)Chris Dugan(Executive Officer, Director)Tom Hunter(Executive Officer)

BoardArunas A. Chesonis(Director)in

Co-investorsBantam GroupBeacon AngelsLaunchpad Venture GroupSafar Partners

Incrowdnowincrowdnow.comin

Konovo (bringing together InCrowd, Survey Healthcare Global, and GlocalMind) operates an AI- and tech-enabled platform that connects life science researchers and data scientists to vetted healthcare audiences such as physicians, nurses, patients, pharmacists, and payers.

AI & Machine LearningHealthtechSaaS

iQuarticiquartic.comin

iQuartic provides an AI-driven platform that uses OCR, NLP, and machine learning to convert structured and unstructured medical records into machine-readable data and extract meaningful clinical information.

AI & Machine LearningDigital HealthHealthtechBrookline, US

Ze Jiang(Executive Officer, Director, Promoter)inGeorge Lavin(Executive Officer, Director, Promoter)Mitchell Blumenfeld(Director, Promoter)

Co-investorsLaunchCapital

KnipBioknipbio.comin𝕏

KnipBio produces JUV, a fermented all-natural feed ingredient added to existing aquaculture feed to improve juvenile survival, stress resilience, and yields for farmed fish and shrimp.

AgTechBiotechFoodTechLowell, US

Christopher Marx(Executive Officer, Director, Promoter)Larry Feinberg(Executive Officer, Director, Promoter)Jessica McLear(Executive Officer, Director)

BoardJeremy Weinstein(Director)

Co-investorsBoston Harbor AngelsLaunchpad Venture Group

Knoqknoq.comin𝕏

Knoq provides an app that trains and guides neighborhood sales representatives ("Knoqers") to sell products and services door-to-door in their own neighborhoods, using data, analytics, and ongoing training.

ConsumerSaaSSales Tech

Learnlitlearnlit.online

Cloud Arcade is a web-based gaming portal offering a catalog of free browser games across categories such as arcade, puzzle, racing, sports, and idle games.

ConsumerGamingMedia & Entertainment

LeaseQleaseq.com

LeaseQ operates an online platform that provides businesses with instant pre-qualified equipment lease and financing quotes from commercial finance companies.

B2B MarketplacesFintechSaaSWoburn, US

Vernon Tirey(Executive Officer, Director)Mike Zolik(Director)Gil Syswerda(Director)Marc Stein(Executive Officer, Director)

BoardCliff Rucker(Director)Jared Hanlin(Director)

Lenoss Medicallenoss.comFeb 2021

Lenoss develops products aimed at advancing a physiological treatment pathway, supported by a team of industry professionals and clinical advisors.

BiotechHealthtechMedical DevicesProvidence, US

Dom Messerli, MBAinDominique Messerli(Executive Officer, Director)

Co-investorsAZ Venture Capital Inc.Beacon AngelsSlater Technology Fund

LifePodlifepod.com
Listenwiselistenwise.com𝕏

Listenwise is a learning platform that uses curated podcasts, videos, and auto-scored listening comprehension quizzes to build listening skills and support content-based instruction for K-12 students.

EdTech

Co-investorsBantam GroupLaunchpad Venture GroupSustainVC

Magnomermagnomer.comin

Magnomer develops magnetizable functional coatings, marketed as Magmark, that make packaging labels such as PET shrink sleeves easier to sort out during recycling.

Circular EconomyCleantechNew Materials

Co-investorsTBD Angels

Mavrckmavrck.coin

Boston, US

Co-investorsBantam GroupTechstarsSummit Partners

MD Allymdally.comin𝕏

MD Ally partners with public safety agencies and payers to integrate virtual care and telehealth services into 911 and EMS systems, enabling dispatchers to route non-emergent patients to appropriate care resources in real-time.

Digital HealthHealthtechPhiladelphia, US

Shanel Fields(Executive Officer, Director)

BoardKojo Degraft-Hanson(Director)Brett Topche(Director)in

Co-investorsFrist Cressey VenturesHearstLabRed & Blue VenturesSeae VenturesTechstarsAndreessen Horowitz

Meentameenta.ioin

HealthtechBoston, US

Gabor Bethlendy(Executive Officer, Director)Stephan Smith(Executive Officer)

Co-investorsTechstars

Meetcortexmeetcortex.com
Metrobimetrobi.comin𝕏Jul 2021

Metrobi is a delivery logistics platform that allows local businesses to book vetted drivers for same-day and recurring deliveries while maintaining control over driver selection and pricing.

AI & Machine LearningB2B MarketplacesCleantechLogistics & Supply ChainMobility & TransportationSaaSBoston, US

Oguzhan Uyar(Executive Officer, Director)Simeon Simeonov Simeonov(Director)

BoardAli Hikmet Karabey(Director)in

Co-investorsTBD AngelsTechstars212

Moxie Scrubsmoxiescrubs.com

Moxie Scrubs designs and sells scrubs and medical apparel inspired by nurses, offering products such as scrub tops, pants, and jackets for nursing and healthcare professionals.

ConsumerDirect to ConsumerE-commerceBoston, US

Alicia Tulsee(Founder & CEO)

Co-investorsHBS Angels of BostonArmory Square Ventures

Netegrity
Node40node40.comin𝕏

NODE40 provides digital asset reporting infrastructure that reconstructs transaction-level history to support cost basis, lot identity, and reconciliation, producing outputs that can be traced and defended under audit or tax review.

Crypto & Web3FintechSaaSAlbany, US

Perry Phillip Woodin(Executive Officer)Sean David Ryan(Executive Officer)

Co-investorsChain Reaction

Octagon Therapeuticsoctagontherapeutics.comin𝕏

Octagon Therapeutics is a biotech company developing new medicines for autoimmune diseases with unmet clinical need, based on scientific research from Harvard.

BiotechHealthtechProvidence, US

Isaac Stoner(Co-founder & CEO)Ronald Lennox(Director)Fred Ausubel(Co-founder; Professor of Genetics, Harvard Medical School (Emeritus))

BoardThorne Sparkman(Director)in

Co-investorsBantam GroupSlater Technology Fund

ONvocalonvocal.com

Burlington, US

WILLIAM GRAYLIN(Executive Officer, Director)ROBERT L. SPANER(Executive Officer, Director)

BoardNICK SEGAL(Director)

OpenRoundsopenrounds.com

OpenRounds is a booking platform for private golf clubs and their members, letting golfers explore and reserve golf accommodations at affiliated private clubs across a network.

MarketplacesSports TechTravel & HospitalityCambridge, US

Jonathan Wyeth(CEO/President)

BoardJoseph Reel(Director)

Co-investorsBantam Group

Exits · 2

IPOs and acquisitions across the tracked portfolio

Rockstepsolutionsacq. by InstemYaypayacq. by Quadient

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Walnut Venture Associates made?
Walnut Venture Associates has 99 tracked investments, 4 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Walnut Venture Associates invest at?
Walnut Venture Associates invests at the Seed stage.
What sectors does Walnut Venture Associates focus on?
Walnut Venture Associates focuses on Consumer, Enterprise Software, Sector Agnostic.
Where is Walnut Venture Associates located?
Walnut Venture Associates is headquartered in Wellesley, US.
Does Walnut Venture Associates lead rounds?
Walnut Venture Associates typically participates in rounds rather than leading them.
Who does Walnut Venture Associates co-invest with?
Walnut Venture Associates most often shares deals with Bantam Group, Techstars, Launchpad Venture Group, among 128 tracked co-investors.

Media · Podcasts & interviews

from their channel

I Replaced My Executive Assistant With an AI (Here's Exactly How)

Greg Raiz

Live Founder Pitch Session

Greg Raiz

What founders need to know about Cap Tables

Greg Raiz

I Built a PLAYABLE Pixelboard with Tetris & Snake

Greg Raiz

Why Most Startup Pitches Fail (And How to Nail Yours)

Greg Raiz

Data Driven Investing in Venture

Greg Raiz

Images

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