Top Seed Companies to Track: SudShare, UXCam, EnquireLabs, Koloni, Wing
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.
SudShare
EVA Growth Index:
Product:
On-Demand personal laundry marketplace than connects consumers with local “Sudsters” who pick up, wash in their own home and return the laundry
Lead Investors:
Headline
Total Raised:
$10M
Comparables:
Rinse, Hampr
My Thoughts:
We love the time that SudShare frees up for suburban working mothers in the terms of letting them concentrate on the things that drive value in their lives. On the flip side, it also enables the Sudsters to fully leverage their washer/dryer infrastructure in their home and earn a sustainable on-demand wage. Win-win for everyone!
UXCam
EVA Growth Index:
Product:
Customer insights software for app developers that captures and visualizes user interactions through at-scale screen capture
Lead Investors:
Headline
Total Raised:
$10M
Comparables:
FullStory, Smartlook
My Thoughts:
I believe that being customer-centric in product development is the single most significant driver of a business’s success. UX Cam enables mobile product teams to do this in an unprecedentedly powerful manner, which is why we at Headline could not be more excited to be partnering with the team!
EnquireLabs
EVA Growth Index:
Product:
Dynamic post-purchase consumer questionnaire platform
Lead Investors:
True Ventures
Total Raised:
$5M
Comparables:
Hotjar, Kno
My Thoughts:
This is like UXCam for physical products as it enables unprecedented insights for e-commerce product teams. Looking at their traffic growth, this is one to watch!
Koloni
EVA Growth Index:
No external sources show growth
Product:
A platform that enables owners to rent out their assets to the public on-demand through democratizing smart locks and mobile payments
Lead Investors:
Launch
Total Raised:
$1.3M
Comparables:
N/A
My Thoughts:
I love how Koloni enables literally anyone to get more usage and return from their asset, no matter what it might be. There are plenty of challenges the team will face, but if they get it right, this could be massive!
Wing
EVA Growth Index:
Product:
Communication software-enabled marketplace that connects knowledge workers with on-demand virtual assistants
Lead Investors:
Brookstone Venture Capital, Berkeley SkyDeck Fund, Surface Ventures
Total Raised:
$2M
Comparables:
Zirtual, GetMagic
My Thoughts:
We at Headline have been working with virtual assistants for a few years now and could not imagine living without them. Nevertheless, the biggest pain point has been around accurately communicating tasks. This is why I see Wing being so powerful as enabling more accurate communication could turn this otherwise commoditized product into a powerful piece of infrastructure for any modern organization.
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.
