Rebuy Engine, Unremot, Codex, Justifi, Punchlist–20th December, 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.
Rebuy
EVA Growth Index:
Product:
Consumer intelligence and engagement platform that guides consumers to greater product discovery, increased average order value, and repeat purchases
Lead Investors:
Peterson Ventures, Sidekick Partners
Total Raised:
$4,4M
Comparables:
Wiser
My Thoughts:
Every e-commerce store should be using a solution like this and it looks like Rebuy, in particular, has gotten to runaway growth
Unremot
EVA Growth Index:
Product:
Discovery marketplace to connect businesses with best-in-class on-demand consultants
Lead Investors:
Inflection Point Ventures
Total Raised:
$700K
Comparables:
MarketerHire
My Thoughts:
We as VCs experience firsthand the need for growing businesses to have access to sector-specific expertise (we get asked for advice or introductions all day long). The biggest challenge in my eyes, as with most talent marketplaces, is for Unremot to have quality supply as the market opportunity itself is definitely there!
Codex
EVA Growth Index:
No external sources showing growth
Product:
Software solution that enables developers to annotate explanations/notes to specific pieces of code right within their IDE (integrated developer environment)
Lead Investors:
NFX, Emergence Capital, Y Combinator, Ludlow Ventures
Total Raised:
$5M
Comparables:
N/A
My Thoughts:
Being able to follow someone else’s work is often extremely challenging if not outright impossible without any pointers. UseCodex enables these important pieces of information right within the workflow of the developers which looks to be extremely timely in my eyes given the great employee turnover the entire market is experiencing.
JustiFi
EVA Growth Index:
No external sources showing growth
Product:
Payment orchestration app for modern SaaS application with deeper insights and lower cost than existing solutions
Lead Investors:
Emergence, Rally Ventures
Total Raised:
$7M
Comparables:
Stripe
My Thoughts:
The 2–3% transaction fee is something that has to be disrupted sooner or later and I really like JustFi’s approach of being laser-focused on in-app/software use cases. They are going after a very competitive, yet massive and growing market.
Punchlist
EVA Growth Index:
Product:
Software platform that provides product teams with an annotation layer over their websites, images, and pdfs so that anyone can add feedback directly
Lead Investors:
Overline VC, PJC
Total Raised:
$2.1M
Comparables:
Figma meets Linear App
My Thoughts:
There is something extremely powerful in enabling asynchronous collaboration, as you don’t just let people operate on their own time, but focus/execute upon tasks when they are in the optimal headspace for them. The Punchlist product enables just that for product teams with a solution that looks to be very thought out.
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 Trellis, Solid, Polygon, Flockjay, 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.
