Deephow, Genei, Grow Credit, Peritus.ai, Replay— 20th September, 2021
We see about 5,000 startups each week, and I want to give you a glimpse into how we at Headline think about trending tech companies and tracking new investment opportunities. In this post, I’m highlighting top tech companies that have announced or raised a seed round within the past week.
Deephow
EVA Growth Index:
Product:
SaaS platform for AI-indexed and segmented educational videos for manufacturing, professional services, and construction operations
Lead Investors:
Sierra Ventures
Total Raised:
$9M
Comparables:
Loom
My Thoughts:
New employee onboarding and training is such a resource-intensive function for any operation. Providing learners with properly indexed content looks to be a very scalable means to drive more efficiency across this cost center.
Genei
EVA Growth Index:
Product:
AI-enabled research and writing platform that enables writers by generating real-time summaries of articles to be paraphrased into original content/write-ups at unparallel speeds
Lead Investors:
Undisclosed
Total Raised:
Undisclosed
Comparables:
Quillbot
My Thoughts:
The last real innovation in how people write was the introduction of Microsoft Word. With most knowledge effectively being paraphrased from third-party sources, tools like Genei should significantly increase the efficiency at which writers generate content.
Grow Credit
EVA Growth Index:
Product:
Easy-access credit card dedicate for low-credit consumers to pay only their subscriptions to autonomously improve their credit score
Lead Investors:
Arena Investors, LP
Total Raised:
$8.6M
Comparables:
Selflender
My Thoughts:
Being a foreigner moving to the US, I am still in the process of building my credit score as it is such a crucial part of getting access to high-value products. I actually use Selflender, and this looks to be an even more frictionless manner to do this. I probably need to start using this as well on the side. This is pretty ingenious!
Peritus.ai
EVA Growth Index:
No external source showing growth
Product:
AI-enabled Chrome plug-in that analyzes the conversations of any community to let customer success or community managers make more intelligent decisions/actions
Lead Investors:
First Rays Venture Partners, Benhamou Global Ventures, Ideaspring Capital, The Hive
Total Raised:
$8M
Comparables:
Rocket Chat
My Thoughts:
Communities can easily grow to sizes where a single brain can comprehend all the interactions, which makes a product like Peritus a must-have. They also have a benchmarking feature to compare your community against best-in-class communities which should be pretty addicting to others — don’t we all love comparing ourselves with others ;)
Replay
EVA Growth Index:
Product:
Video-first developer collaboration tool that visualizes the output of code to realize which part of it is causing or solving specific bugs
Lead Investors:
Andressen Horrowitz, Peter Levine
Total Raised:
$9M
Comparables:
Loom meets Linear App
My Thoughts:
We are power users of both Loom and Liner for our internal software developments efforts, so merging these into a single interface makes all the sense in the world to me. We should probably start using this!
Hi, I am Nicolas von Blottnitz, an Associate at Headline’s SF office focusing on Consumer, Fintech, and SaaS businesses. Since joining in 2018, I have led our investments in Tabnine, Polygon, Flockjay, Solid, and Grin.
What is the EVA Growth Index?
The EVA Growth index is a composite of third-party data sources around a company’s website traffic. The vertical green lines in the charts represent a point in time where the company raised outside capital.
