You, Enso Connect, Constructor, Numary, Framework–15th November, 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.
You
EVA Growth Index:
Product:
New age search engine that provides a personalized and more complete search experience
Lead Investors:
Marc Benioff
Total Raised:
$20M
Comparables:
Google, Bing, DuckDuckGo
My Thoughts:
I played with the product a little and the experience is significantly better compared to what Google, Bing, or DuckDuckGo provides, especially if you have a big monitor. I think I might keep using it- killer domain too!
Enso Connect
EVA Growth Index:
No external sources showing growth
Product:
IoT enabled platform for rental hosts to drive automation across the guest’s experience from messaging, access control, noise monitoring, or integrations with third-party marketplaces to drive experiences (Turo car rental, OpenTable reservations, etc)
Lead Investors:
Mantella Venture Partners
Total Raised:
$2M
Comparables:
N/A
My Thoughts:
I am really fascinated by the number of opportunities Enso opens up to make for a special guest experience, that will enable hosts to truly stick out. I see this becoming a must-have for premium hosts.
Constructor
EVA Growth Index:
Product:
Software platform for engineering leaders to track and manage the work of their team while staying out of their way
Lead Investors:
NextView Ventures
Total Raised:
$1M
Comparables:
Linear App
My Thoughts:
There is clear value in being on top of one’s team to manage them most effectively, but one does not want to have them spend too much time/energy reporting back to you. I like Constructor’s integration-enabled approach of driving lots of signal to managers while keeping required inputs from the team to a minimum — really smart!
Numary
EVA Growth Index:
No external sources showing growth
Product:
Open-source library to build financial ledger capabilities into products
Lead Investors:
Undisclosed
Total Raised:
Undisclosed ($125k pre-seed)
Comparables:
LedgerSync
My Thoughts:
Most software products are invertedly becoming fintech products so the total addressable market here is a no-brainer. What I really like is the ability for Numary to add additional tools in the fintech realm that could make this the go-to platform for developers to integrate any financial capabilities into their products.
Framework
EVA Growth Index:
No external sources showing growth
Product:
MasterClass for becoming/being a start-up founder
Lead Investors:
Ada Ventures, Tom Foster-Carter, Brent Hoberman, Claire Novorol, Aaron Mitchell, LearnStart, Victoria van Lennep
Total Raised:
$2M
Comparables:
N/A
My Thoughts:
We all know the saying “building a startup is like learning to fly a plane whilst building it” — well this is the manual to that process. I’d say it is about time this knowledge is liberated outside of experienced operators, VCs, and accelerators.
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.
