PORTFOLIO_COMPANIES:

Companies solving the unsexy problems that keep businesses running.

23
Portfolio Companies
7
Successful Exits
$2.8B
Total Exit Value
3.2x
Average Multiple

ACTIVE_INVESTMENTS:

TAXWARE_AI

Series A • 2023

[ACTIVE]

AI-powered tax compliance automation for mid-market companies. Reduces manual tax prep by 90%.

Sector: FinTech/AI
ARR: $12M+
Growth: 300% YoY

PAYROLL_SYNC

Series B • 2022

[ACTIVE]

Multi-jurisdictional payroll processing for global remote teams. Handles compliance across 50+ countries.

Sector: HR Tech
ARR: $45M+
Growth: 180% YoY

INVENTORY_OS

Series A • 2023

[ACTIVE]

Real-time inventory optimization for manufacturing. Uses ML to predict demand and automate ordering.

Sector: Supply Chain
ARR: $8M+
Growth: 250% YoY

COMPLIANCE_ENGINE

Seed • 2024

[ACTIVE]

Automated regulatory reporting for financial services. Generates reports for SEC, FINRA, and state regulators.

Sector: RegTech
ARR: $2M+
Growth: 400% YoY

DATA_PIPELINE_CO

Series A • 2022

[ACTIVE]

ETL infrastructure for legacy enterprise systems. Moves data between mainframes and modern cloud apps.

Sector: Data Infrastructure
ARR: $15M+
Growth: 200% YoY

AUDIT_AUTOMATION

Seed • 2024

[ACTIVE]

AI-powered audit software for accounting firms. Automates risk assessment and evidence collection.

Sector: Accounting Tech
ARR: $1M+
Growth: 500% YoY

NOTABLE_EXITS:

EXPENSE_TRACKER_PRO

Acquired by Oracle • 2023

$680M

Exit Value

Enterprise expense management platform. 10,000+ companies used it for expense reporting and reimbursement.

Our Investment: Series A
Multiple: 4.2x
Hold Period: 5 years

CONTRACT_ANALYZER

Acquired by Microsoft • 2022

$420M

Exit Value

AI-powered contract review and analysis tool. Processed millions of legal documents for Fortune 500 companies.

Our Investment: Seed
Multiple: 6.8x
Hold Period: 4 years

MAINTENANCE_SCHEDULER

IPO • 2021

$1.2B

Market Cap

Predictive maintenance software for industrial equipment. Used by 500+ manufacturing facilities.

Our Investment: Series A
Multiple: 8.1x
Status: Public (TICKER: MNTC)

WHAT_MAKES_PORTFOLIO_COMPANIES_SUCCESSFUL:

SOLVE_REAL_PAIN → Address genuine business problems
STRONG_RETENTION → 95%+ net revenue retention
DEFENSIBLE_MOATS → High switching costs
EXPERIENCED_TEAMS → Domain expertise matters
SCALABLE_BUSINESS → Software economics
LARGE_MARKETS → $1B+ TAM minimum

Building what's next for the unsexy but necessary and beyond?