Top Seed Companies to Track: Moves, Buywith, Bubblehouse, RepVue
Our Investor Nicolas von Blottnitz shares the top-seeded companies to keep an eye on this week.
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.
Moves
EVA Growth Index:
Product:
One-stop solution for gig-workers to manage their personal finances
Lead Investors:
OMERS Ventures, Panache Ventures, N49P, Blockchange Ventures
Total Raised:
$14M
Comparables:
KeeperTax
My Thoughts:
I am super bullish on the continued growth of the gig-worker workforce, even in this down market, so the why-now here is super obvious in my eyes.
Buywith
EVA Growth Index:
Product:
Mobile-first live interactive social shopping platform
Lead Investors:
igniteXL Ventures, Neome, Andav Capital
Total Raised:
$12M
Comparables:
TalkShop Live, NTWRK, GoLive, Bambuser
My Thoughts:
It’s almost crazy how mainstream social and live buying has become in Asia and how far we lag behind in the US. I think it is only a matter of time until a new player like BuyWith figures it out and builds a decacorn-grade company.
Bubblehouse
EVA Growth Index:
Product:
NFT marketplace with a focus on creator and event-led NFTs
Lead Investors:
CASSIUS Family, Third Kind Venture Capital
Total Raised:
$13M
Comparables:
OpenSea
My Thoughts:
Bubblehouse has some great exclusive drops (Fire & Ice Festival, NY FashionWeek Collectibles) on the platform which should enable them to get to network-building traction quickly. Focusing on purely high-quality drops and vetted supply might enable them to differentiate themselves from existing NFT marketplaces.
RepVue
EVA Growth Index:
Product:
Crowdsource platform that judges the quality and characteristics of tech-sales team for talent to choose the right organization for them
Lead Investors:
S3 Ventures, Knoll Ventures
Total Raised:
$6M
Comparables:
Glassdoor
My Thoughts:
I love the transparency that RepVue brings to the sales industry as we all know that not every team is created equal. Finding the right fit from a cultural perspective is not only good for the employee but should reduce employee churn in the long term for the business as well. Fantastic network effects to be built here.
See last week’s Seeds to watch in the link below:
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.
