Initialized Capital

Raise Commercial Real Estate Welcomes Industry Veteran Michael McMillan as Senior Vice President of Brokerage

Retrieved on: 
Lundi, mai 6, 2024

Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.

Key Points: 
  • Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.
  • View the full release here: https://www.businesswire.com/news/home/20240506716542/en/
    Michael McMillan joins Raise with an impressive track record in occupancy strategy and tenant solutions for multi-market portfolios.
  • With over two decades of experience in the real estate industry, Michael McMillan brings a wealth of expertise to his new role as Senior Vice President of Brokerage at Raise.
  • "Raise is revolutionizing the real estate landscape, and I am eager to contribute to its growth and success," said Michael McMillan.

Ship Essential Acquires Carry Adding Same-Day Delivery For The Price Of Ground Shipping

Retrieved on: 
Vendredi, mars 15, 2024

Brooklyn, NY, March 15, 2024 (GLOBE NEWSWIRE) -- Ship Essential , the high touch local fulfillment company, today announces the acquisition of Carry, the innovative same-day local delivery startup.

Key Points: 
  • Brooklyn, NY, March 15, 2024 (GLOBE NEWSWIRE) -- Ship Essential , the high touch local fulfillment company, today announces the acquisition of Carry, the innovative same-day local delivery startup.
  • “Carry’s inventive and scalable approach to local delivery fits right in with Ship Essential’s high touch fulfillment ethos,” said Ship Essential Founder, David J Sitt.
  • Carry picks up orders from retailers and warehouse locations, including Ship Essential's Brooklyn facility.
  • Ship Essential was founded on the belief that every aspect of fulfillment is ready for improvement.

Defense Startup Picogrid Raises $12M to Connect Defense Systems

Retrieved on: 
Mardi, mars 26, 2024

Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers.

Key Points: 
  • Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers.
  • The company's technology helps connect and remotely control sensors, drones, command interfaces, and other notoriously fragmented defense systems.
  • The core of Picogrid's technology lies in Legion , its cloud-based API used to connect and control various third-party autonomous systems.
  • "It's not just about having the most sophisticated defense systems; it's about how these systems work together as a singular force.

Stellar Sleep Raises $6M to Help End Sleeplessness With the First Digital Sleep Therapy Platform for Chronic Insomnia

Retrieved on: 
Mardi, février 6, 2024

More than 25 million Americans suffer from chronic insomnia - meaning sleep problems 3+ nights a week for 3+ months.

Key Points: 
  • More than 25 million Americans suffer from chronic insomnia - meaning sleep problems 3+ nights a week for 3+ months.
  • This seed funding represents a significant milestone for Stellar Sleep, providing the ability to further expand capacity and reach.
  • Finally, Stellar Sleep helps users manage the user’s chronic sleep issues over the long run using psychology.
  • “Stellar Sleep is the solution that we wish we had during our multi-year struggle with chronic insomnia,” said Wang.

Booz Allen Invests in Albedo to Develop Very Low Earth Orbit (VLEO) Satellite Constellation

Retrieved on: 
Mardi, janvier 23, 2024

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.

Key Points: 
  • Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.
  • This investment supports Albedo’s operational constellation deployment and is aligned to Booz Allen’s efforts to accelerate U.S. space capabilities with the power of data.
  • “Albedo is revolutionizing the industry by making high-resolution images and imagery-as-a-service more accessible and affordable, both commercially and for the federal government,” said Travis Bales , managing director of Booz Allen Ventures.
  • Previous Booz Allen Ventures investments include Latent AI , Synthetaic , Reveal Technology , Credo AI , Hidden Level , Shift5 , Hidden Layer , and Second Front (2F ).

Albedo Raises $35M to Commercialize Very Low Earth Orbit (VLEO)

Retrieved on: 
Mardi, janvier 23, 2024

Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.

Key Points: 
  • Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.
  • Scene content, such as vehicles present and an operating gas compressor, are examples of possible activity indicators.
  • In addition, Ben Sampson, Managing Director of Standard Investments, will join the Albedo Board of Directors.
  • By rethinking the traditional approach to earth observation satellites, namely developing a stable, agile platform to operate at very low altitudes, Albedo is able to collect data at an exquisite quality with cost-effective, mid-sized satellites.

CoordinateHQ Raises $5.5 Million Seed Round for Collaboration Platform

Retrieved on: 
Mardi, novembre 28, 2023

CoordinateHQ , a project management system for client service organizations, announced the closing of a $5.5m seed round.

Key Points: 
  • CoordinateHQ , a project management system for client service organizations, announced the closing of a $5.5m seed round.
  • The funding was led by Initialized Capital , with investments from Webb Investment Network and a number of prominent angel investors.
  • CoordinateHQ removes the complexity and inefficiencies inherent in established software solutions, making it easy for hybrid teams and clients to work together.
  • “Our average customer has tried multiple software products without seeing clear returns,” stated Rick Morrison, CEO of CoordinateHQ.

Tracy Young, Co-founder and CEO of TigerEye, Joins Jen Wolf, Managing Partner at Initialized Capital, On Stage at Slush in Helsinki

Retrieved on: 
Lundi, novembre 20, 2023

HELSINKI, Nov. 20, 2023 /PRNewswire/ -- Tracy Young, co-founder and CEO of TigerEye , and Jen Wolf, Managing Partner at Initialized Capital , will be speaking at Slush , the world's leading startup event, on Thursday, November 30 at 7:49 am ET/14:49 EET on the Horizon stage at the Expo and Convention Centre Helsinki (Messukeskus).

Key Points: 
  • HELSINKI, Nov. 20, 2023 /PRNewswire/ -- Tracy Young, co-founder and CEO of TigerEye , and Jen Wolf, Managing Partner at Initialized Capital , will be speaking at Slush , the world's leading startup event, on Thursday, November 30 at 7:49 am ET/14:49 EET on the Horizon stage at the Expo and Convention Centre Helsinki (Messukeskus).
  • Tracy Young will also share insights and lessons from her previous startup and how she applies them at TigerEye.
  • Jen Wolf will share advice she gives founders from her experience building teams and fostering cultures at startups and at Initialized.
  • "I'm excited to speak at Slush and meet with global entrepreneurs," said Tracy Young, co-founder and CEO of TigerEye.

Dropbox Co-Founder Leads Clockwork’s Community Investment Round with Over $5,600,000 Raised, Inviting the Public to Invest Alongside Renowned Investors

Retrieved on: 
Mardi, octobre 17, 2023

Clockwork , a pioneering self-care robotics company, has announced the launch of its investment round on Wefunder , inviting the general public to join the venture transforming the $1.5T self-care industry.

Key Points: 
  • Clockwork , a pioneering self-care robotics company, has announced the launch of its investment round on Wefunder , inviting the general public to join the venture transforming the $1.5T self-care industry.
  • With $5.6 million raised from prominent investors, Clockwork is now opening a community investment round to the public, led by Arash Ferdowski, Dropbox Co-Founder and former CTO.
  • This presents a unique opportunity for retail investors to invest alongside prominent venture capitalists and institutional investors.
  • Clockwork’s flagship product is an AI-powered robot that offers automated manicures with speed and precision, all while being cost-efficient for customers.

Ten Years After Launch, True Link Has Helped 250,000 Families Through Financial Challenges of Aging, Disability, Mental Health and Addiction

Retrieved on: 
Mardi, août 22, 2023

97% of customers would recommend True Link to a friend.

Key Points: 
  • 97% of customers would recommend True Link to a friend.
  • Founded in 2013, True Link’s mission is to increase the independence and well-being of the vulnerable aging, people with disabilities, those recovering from addiction, and the people who care for them.
  • And really, I couldn't believe that it was true.”
    Every year, True Link helps prevent approximately $175M in fraud and unwanted purchases for our customers aged 60+.
  • Over the decade since we launched, we have saved our customers an estimated $7.4 million in check cashing fees.