Requr, Mindset, Playbook, Tango, Synth— 30th August, 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.
Requr
EVA Growth Index:
No external sources showing growth
Product:
Non-dilutive financing solution that lets high-growth businesses claim the cash of their predictable recurring revenue streams upfront
Lead Investors:
Undisclosed
Total Raised:
$6M
Comparables:
Pipe
My Thoughts:
The Pipe model has proven itself in the US with multiple portfolio companies of ours being happy customers. I see no reason why Requr shouldn’t be able to build a massive business over in Europe.
Mindset
EVA Growth Index:
Product:
Consumer app with exclusive, intimate audio of personal stories and life lessons from artists and prominent figures
Lead Investors:
Union Square Ventures
Total Raised:
$9M
Comparables:
Calm
My Thoughts:
I love the intersection of helpful content around dealing with mental health topics while humanizing prominent figures and having them share their best practices. This looks very compelling. Explosive EVA growth out of the gate as well.
Playbook
EVA Growth Index:
Product:
Cloud storage solution to let teams intelligently and beautify store and organize their creative assets
Lead Investors:
Founders Fund
Total Raised:
$4M
Comparables:
Air Inc
My Thoughts:
I think no one actually likes the Dropbox or GDrive user interfaces, so it must especially be a nightmare for creatives. This looks to be a product that is more art than science, but if they get this right, the market opportunity is massive.
Tango
EVA Growth Index:
Product:
Screen capturing software that creates how-to documentation around a digital workflow so that the manual can easily be shared within a team
Lead Investors:
Wing Venture Capital
Total Raised:
$6M
Comparables:
ScribeHow
My Thoughts:
Creating workflow guides is a time-consuming yet very valuable task, especially in the days of remote work, so speeding this up looks to be an incredibly compelling value proposition. Can’t wait to try this for our internal needs at Headline.
Synth
EVA Growth Index:
No external sources showing growth
Product:
AI-enabled note capturing and recollection tool that takes notes from important snippets of audio or video content through a keyboard shortcut
Lead Investors:
Y Combinator
Total Raised:
$125k
Comparables:
Scribe.ai
My Thoughts:
Voice transcriptions are only slightly more valuable than the actual recording/content as one can read faster than one can listen. Synth takes this one level further by letting you only extract the important pieces which is what we actually need. Can’t wait to try this as well.
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.
