Grata, Cyble, SchoolHouse, Moxie, Geomiq — April 12th, 2021
We see about 5,000 startups each week, and I want to give you a glimpse into how we at e.ventures 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.
Grata
EVA Growth Index:
Product:
Search engine for private equity, sales, and marketing teams to find and target private companies.
Lead Investors:
Alumni Ventures Group, Flex Capital, Bling Capital, Touchdown Ventures, Accomplice
Total Raised:
$10M
Comparables:
Pitchbook meets Bombara
My Thoughts:
Us VC investors know first hand how difficult it is to find private companies at scale— like we at e.ventures have a whole team that helps us build software for this exact point. I therefore still see a massive opportunity for Grata and see their success all around the quality and defensibility of their data set.
Cyble
EVA Growth Index:
Product:
Identify and monitor cyber risks of your organization developing on the Darkweb
Lead Investors:
Spider Capital, Blackbird Ventures, Picus Capital, Xoogler and Cathexis Ventures
Total Raised:
$5M
Comparables:
AlertLogic
My Thoughts:
The dark web is this mystical place even the average person working at a tech company does not know much about. Nevertheless, the value of stolen sensitive data that is traded on the dark web is only growing, so I see a solution like Cyble as a must for every company that leverages the internet as part of their operations.
SchoolHouse
EVA Growth Index:
No external sources showing growth
Product:
Platform to help parents start micro-schools by pairing their pod with a teacher or let them discover and join an existing pod nearby
Lead Investors:
Pace Capital, Metrodora Ventures, and Trust Ventures
Total Raised:
$8M
Comparables:
Wonderschool
My Thoughts:
The value of micro-schools for the wealthier part of society is undeniable, especially with remote work driving successful individuals and their families out of the cities to more remote locations that might have lower-quality schooling systems. I, therefore, believe micro-school will play a big role in the primary education system for the coming decade, so start-ups like SchoolHouse are definitely ones to keep an eye on.
Moxie
EVA Growth Index:
Product:
Digital fitness experience connecting consumers with trainers out of the comfort of their respective homes or gyms
Lead Investors:
Resolute Ventures, Bessemer Venture Partners, Greycroft, Interplay Ventures, Taurus Ventures, Burst Capital, 500 Startups
Total Raised:
$8M
Comparables:
Obe Fitness, OpenFit
My Thoughts:
Steadily emerging category that will most likely be won by an excellent user experience. Looking at Moxie’s EVA growth, they are well on their way here. A best-in-class Seed syndicate as well.
Geomiq
EVA Growth Index:
Product:
Allows custom manufacturers and engineers to produce specialized parts by simply uploading CAD files on their platform
Lead Investors:
Samaipata, Fuel Ventures, Eka Ventures, Tekton Ventures and Sova VC
Total Raised:
$5M
Comparables:
N/A
My Thought
Incredibly under digitized, fragmented, yet huge market opportunity, which is practically begging for a tech-enabled discovery solution like Geonomic to disrupt it.
See last week’s Seeds to watch in the link below:
Hi, I am Nicolas von Blottnitz, an Associate at e.ventures’ SF office focusing on Consumer, Fintech, and SaaS business. Since joining the firm 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.
