Top Seed Companies to Track: StackBlitz, myComply, Landed, Audyo, Sydecar
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.
StackBlitz
EVA Growth Index:
Product:
Web-developer platform that autonomously spins up dev-environments, instant bug reports, and interactive documentation to drive faster prototyping and reporting
Lead Investors:
Greylock
Total Raised:
$8M
Comparables:
CodeSandbox
My Thoughts:
I have said this a few times, any software that makes the tech industry’s most scarce resource, software developers, more efficient, is a fantastic investment proposition. StackBlitz does just that by automating cooky cutter tasks and has been able to get impressive traction thus far.
myComply
EVA Growth Index:
Product:
End to end platform that powers asset owners and general contractors to perform digital onboarding, automated logs, and on-demand workforce reporting
Lead Investors:
Undisclosed
Total Raised:
$4.5M
Comparables:
ITRAK 365, Frontline EHS
My Thoughts:
I am no expert in human capital management for construction projects, but seeing this type of traffic growth in an industry like this tells me that MyComply is solving a real point here better than traditional solutions.
Landed
EVA Growth Index:
No external sources showing growth
Product:
Staffing automation platform for frontline workers
Lead Investors:
Blockchain Capital, Javelin Venture Partners
Total Raised:
$8M
Comparables:
XOR
My Thoughts:
The turnover of frontline workers is shorter than ever while labor participation is also far below the historical average. This has made it harder than ever to hire frontline workers, so any software that can effectively facilitate this process should be very top of mind for purchase decision-makers.
Audyo
EVA Growth Index:
No external sources showing growth
Product:
Audio enhancement platform that enables content creators to autonomously add visual media to their audio files
Lead Investors:
General Catalyst
Total Raised:
$2M
Comparables:
N/A
My Thoughts:
I am very bullish on audio as it’s a medium with relatively low barriers to packaging high-value content. Making this content more engaging with only a few clicks, therefore, looks like a massive opportunity in my eyes.
Sydecar
EVA Growth Index:
No external sources showing growth
Product:
One-stop solution for venture investors to easily create and manage investment paperwork
Lead Investors:
Deciens Capital
Total Raised:
$8M
Comparables:
Angel List
My Thoughts:
The number of deals and $ volume invested in US private capital has almost doubled since 2020. Within this, only a fraction of deals is executed through technology platforms, which seems insane, given that a majority of deals are effectively identical. This needs and will change with products like Sydecar.
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.
