Silverton Partners

Virdee Closes on $12.4M in Series A Funding led by Moneta Ventures

Retrieved on: 
Wednesday, November 15, 2023
Silverton Partners, SDK, Entrepreneurship, Workforce, USD, Series, AI, Cryptocurrency, Tejinder Virdee

The investment follows previous Series Seed financing led by Austin-based Silverton Partners in February 2022 as well as a 2020 angel investment led by Rajiv Trivedi, former President of La Quinta Inns & Suites.

Key Points: 
  • The investment follows previous Series Seed financing led by Austin-based Silverton Partners in February 2022 as well as a 2020 angel investment led by Rajiv Trivedi, former President of La Quinta Inns & Suites.
  • “We were drawn to Virdee’s value proposition - tech that improves the guest experience while enabling staff to do more,” said Brent Kelton, Partner at Moneta Ventures, and new Virdee board member.
  • “We are pleased to announce the completion of our oversubscribed Series A funding from Moneta Ventures and others to support Virdee’s ongoing vision to transform the digital guest experience at hotels,” said Branigan Mulcahy, Co-Founder of Virdee.
  • “Moneta Ventures’ expertise and experience in helping scale businesses like Virdee is an irreplaceable asset to the company as we continue to penetrate the hospitality sector.

Enveedo, the Cyber Risk Management Platform for the Middle Market, Closes $3.15M Seed Round to Help Businesses Build and Maintain Cyber Resiliency

Retrieved on: 
Tuesday, December 5, 2023
Silverton Partners, Organization, Risk management, General partnership, Partnership, Security, Software as a service, Growth, API, VCS

Enveedo, the Cyber Risk Management Platform, Closes $3.15M Seed Round to Help Businesses Achieve Cyber Resiliency

Key Points: 
  • Enveedo, the Cyber Risk Management Platform, Closes $3.15M Seed Round to Help Businesses Achieve Cyber Resiliency
    The fresh capital will enable Enveedo to accelerate product innovation, attract top talent, and expand the market presence of the company's all-in-one SaaS platform that enables organizations to affordably and seamlessly build and maintain cyber resiliency.
  • Enveedo's integrated risk management platform guides Security and IT professionals through the process of building their security program.
  • It starts by establishing leadership buy-in, identifying critical assets, and assessing risks using a growing library of API integrations.
  • To learn more about Enveedo's industry-leading Cyber Risk Management Platform, visit enveedo.com .

Valid8 Financial Accelerates Growth, Shaping Verified Financial Intelligence Category

Retrieved on: 
Thursday, November 30, 2023
Bitcoin, Medicaid, Silverton Partners, Research, Engineering, Justice, Clutch (eggs), Risk, Fraud, Accounting, Federal Trade Commission, AIB (NI), Software, Partnership, Judgement, Growth, AI, California Department of Justice, Stout, Cryptocurrency, Audit

BOULDER, Colo., Nov. 30, 2023 /PRNewswire/ -- Valid8 Financial, the leader in Verified Financial Intelligence, today announced $8.5 million in Series A funding led by Silverton Partners with participation from Touchdown Ventures, First Trust, CPA.com and Capital Midwest. Valid8 provides AI-powered forensic accounting solutions to accounting and law firms, enabling them to untangle a web of complex financial transactions in hours instead of weeks.

Key Points: 
  • BOULDER, Colo., Nov. 30, 2023 /PRNewswire/ -- Valid8 Financial , the leader in Verified Financial Intelligence, today announced $8.5 million in Series A funding led by Silverton Partners with participation from Touchdown Ventures, First Trust, CPA.com and Capital Midwest.
  • Valid8 provides AI-powered forensic accounting solutions to accounting and law firms, enabling them to untangle a web of complex financial transactions in hours instead of weeks.
  • "Prosecutions and civil litigation stemming from fraud and other financial malfeasance are among the most complex cases in our justice system," said Chris McCall , CEO and co-founder of Valid8 Financial.
  • Valid8's unique approach to delivering Verified Financial Intelligence leverages AI to expedite the process while meeting the highest data quality standards for courtroom-ready evidence that expert witnesses can rely on."

Scorability to Make College Athletics Recruiting More Efficient With $11 Million in Funding

Retrieved on: 
Tuesday, October 17, 2023
Software, General Sports, Sports, Internet, Data Management, Technology, Mobile, Wireless, Other Technology, Silverton Partners, Parent, School, Organizational founder, Athlete, Management, Tutoring

Scorability , a platform for matching athletes with college athletics programs, today announced it has raised $11 million in Series Seed funding.

Key Points: 
  • Scorability , a platform for matching athletes with college athletics programs, today announced it has raised $11 million in Series Seed funding.
  • “Thousands of college athletics programs are continuously sifting through millions of prospective student athletes, and it is absolute chaos with no clear process or useful tools,” said Brian Cruver, CEO of Scorability.
  • Meanwhile, student athletes and their families will benefit from a clear and more direct recruiting process, avoiding unnecessary effort and personal expense.
  • The funding will be used to quickly build the Scorability team across multiple departments, develop the company’s recruiting tech and user experiences, and to bring those products to market by early 2024.

Konect.ai Secures $5.5M Seed Investment from Silverton Partners

Retrieved on: 
Thursday, October 5, 2023
Silverton Partners, SMS, Partnership, Software as a service, Communication, Silverton, Acquisition, Growth, Research, Sales

This investment will fuel Konect.ai's mission to transform the way auto dealerships and auto tech companies engage with their customers through advanced AI-driven communication.

Key Points: 
  • This investment will fuel Konect.ai's mission to transform the way auto dealerships and auto tech companies engage with their customers through advanced AI-driven communication.
  • Cole Kutschinski, President/CEO of Konect.ai, expressed his enthusiasm for the partnership, stating, "This investment from Silverton Partners is a strong validation of our vision and the hard work of our talented team.
  • Rob Taylor, Operating Partner at Silverton Partners, also shared his thoughts on the investment, saying, "We at Silverton are excited to partner with and support the Konect.ai team as they accelerate their growth.
  • This investment solidifies Konect.ai's position as a leader in the automotive retail technology sector and sets the stage for continued success.

Axial Shift Lands $4 Million in Seed Funding from Silverton Partners to Feed Restaurant Growth by Empowering the Frontline

Retrieved on: 
Wednesday, September 27, 2023
Shift, Partnership, Silverton Partners, Video game, Cryptocurrency, Food delivery

AUSTIN, Texas, Sept. 27, 2023 /PRNewswire/ -- Axial Shift, the restaurant operations software provider that is revolutionizing the restaurant industry by providing all-staff level data access, as well as team member competitions and rewards, today announces a new partnership and $4M in seed funding from Silverton Partners.

Key Points: 
  • Axial Shift to Accelerate the Next Generation Operations Platform, Founded by Restaurant Veteran and Led by HotSchedules Founding Executives
    AUSTIN, Texas, Sept. 27, 2023 /PRNewswire/ -- Axial Shift, the restaurant operations software provider that is revolutionizing the restaurant industry by providing all-staff level data access, as well as team member competitions and rewards, today announces a new partnership and $4M in seed funding from Silverton Partners.

SpyCloud Raises $110 Million Growth Round Led by Riverwood Capital to Accelerate Identity Threat Protection

Retrieved on: 
Wednesday, August 23, 2023
Technology, Security, Other Technology, Software, Networks, Internet, Hardware, Data Management, Consumer Electronics, Enterprise, American City Business Journals, Active Directory, Intelligence, General partnership, Partner (business rank), Multimedia, Crime, Directory, Silverton Partners, IAM, Growth, Entrepreneurship, Behavior, Cryptocurrency, Risk management

SpyCloud , the leader in operationalizing identity analytics to automate the protection of digital identities, today announced it has closed a $110 million growth round commitment of primary and secondary capital led by Riverwood Capital, a global investor in high-growth technology companies.

Key Points: 
  • SpyCloud , the leader in operationalizing identity analytics to automate the protection of digital identities, today announced it has closed a $110 million growth round commitment of primary and secondary capital led by Riverwood Capital, a global investor in high-growth technology companies.
  • Its latest solution, SpyCloud Compass, enables Post-Infection Remediation of malware exposures, including the compromised assets most likely to lead to ransomware attacks.
  • We see a growing need for identity threat prevention solutions to address this threat vector and SpyCloud stands alone as a leader in identity protection,” said Jeff Parks, Co-Founder and Managing Partner at Riverwood Capital.
  • To learn more about how SpyCloud is leading a paradigm shift in the fight against cybercrime, visit spycloud.com .

Silverton Partners Expands Investment Team With Two New Hires

Retrieved on: 
Thursday, July 13, 2023
Professional Services, Entrepreneur, Consumer, Finance, Operating partner, McCombs School of Business, QVC, IPO, Music, Internet, Partner, EVP, Communication, Venture capital, The Home Depot, University of Texas at Austin, Business, LYV, MBA, Silverton Partners, Live Nation Entertainment, Associate, Tulane University, C3 Presents, Trust, Walmart, University, Psychiatry Innovation Lab, Addie, UCLouvain Faculty of Economic, Social and Political Sciences and Communication, Anschutz Entertainment Group, Family, NYSE, TrueCar, Management, Costco, Central Texas

Silverton Partners, an Austin-based early stage Venture Capital firm, announces the addition of two team members, Rob Taylor as Operating Partner, and Addie Rasche as Senior Associate.

Key Points: 
  • Silverton Partners, an Austin-based early stage Venture Capital firm, announces the addition of two team members, Rob Taylor as Operating Partner, and Addie Rasche as Senior Associate.
  • Rob and Addie join the investment team with unique experience to help Silverton continue to foster lasting partnerships with its portfolio companies while building relationships with new entrepreneurs.
  • Rob Taylor joins Silverton as a former Co-Founder & CEO of Silverton Partners’ portfolio company, Convey, which was acquired by project44 for $255M in December of 2021.
  • “Rob and Addie are both exceptional individuals who have successful entrepreneurial backgrounds and bring substantial operating experience to the Silverton portfolio,” said Morgan Flager, Managing Partner of Silverton Partners.

Pluto Biosciences Raises $3.7M to Revolutionize Biological Data Interpretation and Accelerate Life Sciences Discoveries

Retrieved on: 
Tuesday, May 2, 2023
Technology, Research, Health Technology, Software, Biotechnology, Health, Data Management, Other Science, Science, Computational biology, Data management, CRISPR, Software as a service, Harvard University, Partner, RNA-Seq, General partnership, Silverton Partners, Doctor of Philosophy, Proteomics, RUN, Organization, CO, Running, Metabolomics, Wyss Institute, Drug discovery, Growth, Wyss Institute for Biologically Inspired Engineering, Silverton, CUT, Pharmaceutical industry, Renewable energy, Pluto

Pluto Biosciences , a cutting-edge life sciences software-as-a-service (SaaS) platform, announced today the closing of a $3.7 million seed round led by Silverton Partners in Austin, TX.

Key Points: 
  • Pluto Biosciences , a cutting-edge life sciences software-as-a-service (SaaS) platform, announced today the closing of a $3.7 million seed round led by Silverton Partners in Austin, TX.
  • With its biology-focused user experience, Pluto offers flexibility and ease-of-use when running bioinformatics analyses and creating plots, allowing researchers to focus on making groundbreaking discoveries and presenting them for maximum impact.
  • Powers is confident that the investment will accelerate Pluto's growth and enable the Company to reach even more organizations in the life sciences industry.
  • Scientists currently use Pluto to accelerate biological applications spanning from preclinical and translational science research, to cell and gene therapies, drug discovery and development, and clinical research.

Protopia AI Closes $6M Seed Round to Expand Access to Real Data Needed to Power AI for Enterprises

Retrieved on: 
Tuesday, December 6, 2022
Professional Services, Data Management, Security, Technology, Software, Fintech, Artificial Intelligence, Trident, ML, University of California, San Diego, ATX, Glass, Partnership, SOCOM U.S. Navy SEALs (video game), Privacy, Austin, Texas, Silverton Partners, Invention, NetApp, Government, Multimedia, University, Engineering, Organization, Seagate Technology, IDC, Machine learning, Friction, Stained glass, Medical device, AI

Protopia AI , a company that helps enterprises fully leverage their AI data, today announced its $6 million seed funding round led by ATX Venture Partners.

Key Points: 
  • Protopia AI , a company that helps enterprises fully leverage their AI data, today announced its $6 million seed funding round led by ATX Venture Partners.
  • Protopia AI solves a significant problem in the space: the inability of enterprises to access key data needed for their artificial intelligence models because of data protection policies.
  • An AI Gartner report on CEOs found that the top barrier to AI implementation is data accessibility, making it difficult for enterprises to deploy AI initiatives.
  • Protopia AI is the vision to enable practical AI without losing the control/ownership of data.