PORTFOLIO

NEWS

Stay up to date with the latest news about our capital partners and angel investments.
Amazon Pay Features Rothy's Blutag Enabled Voice Skill

Amazon Pay recently featured Rothy’s shoe ordering using Alexa, powered by Blutag.


Said Amazon Pay, “In addition to thinking about the future of the planet, Rothy’s is embracing innovations in modern online shopping. The company successfully integrated Amazon Pay into its web store last year, with great success, and they have now added an exclusive Alexa skill which makes buying your latest pair of Rothy’s that much faster.”

BUSINESS INSIDER
Meet 13 women who left Big Law to launch their own legal tech startups

  • Law and tech are two industries that have historically struggled with diversity.

  • Although VC investments in startups increased by 13% last year, women-founded companies received only 2.2% of funding in 2020.

  • Insider spoke to 13 women lawyers who have launched their own legal tech startups.

SKIFT
Air France-KLM Joins Airlines Getting Ahead of Fare Wars by Mimicking Uber

For decades, most large airlines have used the same, rigid approach to pricing their tickets. But Air France-KLM and other large airline groups now want to break free of the old ways. Their goal is to price tickets as flexibly as ride-hailing apps such as Uber do.


It’s not just the best-known airlines that are interested. On Tuesday, soon-to-debut Norwegian airline Flyr said it had hired tech vendor Kambr to create a continuous pricing system from scratch.

FORBES
Peloton Buys Wearables, AI, Hardware Companies in Deal Flurry

Peloton continues to double down on AI and innovative hardware and software to dominate the fitness category.

YAHOO
Trucking Insurer Koffie Labs Raises $4.5 Million

Koffie Labs (Koffie), an insurtech focused on reinventing the trucking and transportation markets, today announced it has raised $4.5m in venture financing. Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048 Ventures, Plug and Play Ventures and C2 Ventures. Trucking insurance is an essential component of the broader $800b trucking industry and the backbone of the US economy. With commercial auto rates consistently increasing over the last decade, there are few viable options for fleets.

FREIGHTWAVES
Koffie Labs raises $4.5M to transform trucking carrier insurance

Koffie Labs, a New York City-based insurtech startup focusing on commercial motor vehicle insurance, announced Tuesday morning that it has raised $4.5 million in two seed funding rounds led by Anthemis Group and Lerer Hippeau.

Ian White, chief executive officer, and Mike Dorfman, chief operating officer, founded Koffie in 2017. Dorfman has deep roots in the trucking industry, growing up and working in his family’s fourth-generation trucking and logistics insurance provider. White is an entrepreneur with previous tech startup experience.

CRUNCHBASE
Beam Focuses On Hydration As It Brings In $5M Series A

Boston-based beam was founded in 2018 by Kevin Moran and Matt Lombardi, both former professional athletes, to offer THC-free, phytocannabinoid-rich CBD and wellness products. The brand gained a following among other athletes and counts Danica Patrick, Baker Mayfield, Billy Horschel and Mat Fraser as part of its athlete ambassador network.

TECHCRUNCH
Expectful’s new chief executive experienced the trauma she just raised millions to solve

Athletes looking to take a break from all their worries over prescription painkillers and anyone who’s hankering to try out the new cannabinoid-based treatments for their conditions (without worrying about potentially getting dosed with some THC) can now turn to beam.

CISION
Kambr closed its latest seed round of $3 million, bringing the travel-tech startup’s total funding to $7 million. The additional funds will be used to accelerate Kambr’s product development initiatives and scale its commercial operations.

At a time when historical demand and traditional forecast models have been rendered useless, AirAsia has reconfigured its tech stack to operate successfully within the new frontier of commercial aviation, becoming more efficient, more collaborative and heralding more forward-looking data analysis.


At the center of Asia’s largest low-cost carrier’s systems overhaul is Eddy, Kambr’s revenue management software, which brings greater agility, fresh data insights and an intuitive working environment for its analysts.

CISION
Kambr Closes $3 Million Funding Round & Hires Former Revenue Management Systems Executive Sean Moriarty as CTO, While Inking Software Deals with 5 Global Airlines

In a time when much of the industry has been curtailed, travel-tech startup Kambr has continued to grow through customer acquisition, funding and personnel additions despite the global pandemic and air travel demand shock.


Kambr closed its latest seed round of $3 million, bringing the travel-tech startup’s total funding to $7 million. The additional funds will be used to accelerate Kambr’s product development initiatives and scale its commercial operations.

SPORTSCASTING
Baker Mayfield Credits His Recovery to His Business Investment in CBD

Anyone who watches the NFL is familiar with Baker Mayfield’s series of Progressive commercials where he acts like the Cleveland Browns’ stadium is his house. That is probably his most famous ad campaign, but it’s certainly not his only off-field business venture. In addition to doing commercials for many brands, Mayfield invests in several businesses. This includes a CBD company, which might be helping him on the gridiron.


Earlier this season, Mayfield became an investor in the CBD company, Beam. He is the first NFL player to put money into the company but not the first athlete to do so. Former NASCAR driver Danica Patrick and golfer Billy Horschel have also invested in the company. Entrepreneur interviewed Mayfield about his investment in the company.


The Oklahoma alum said his brother Matt first introduced him to Beam’s products after the siblings started a small venture capital firm. After trying Beam’s CBD bars, Matt introduced Baker to the co-founders. They chatted over text and then kept sending Mayfield samples, which he “just kind of fell in love with,” noting that he especially likes “how clean the product is.”

CISION
Advisr Closes $5.2 Million Funding Round to Help Sales Organizations Accelerate Their Velocity

Advisr, the comprehensive pre-sale platform that leverages data and automation to increase deal size and sales efficiency, today announced it has closed $5.2 million in funding led by Granite Capital Management and Next Frontier Capital. Advisr has now raised $7.3 million in total, including its seed round.


Founded in 2017, Advisr enables organizations of any size to accelerate their sales velocity. By following a simple flow that captures client objectives, target audience, budget and other information, salespeople can generate data-driven product recommendations that optimize customer ROI in three minutes or less. From there, they can generate consistent, on-brand media plans and presentations almost instantly. By tracking granular sales and business intelligence data, Advisr also helps sales managers set more effective pricing and packaging strategies, improve prospecting and more.

BUSINESS INSIDER
Here are 9 tech, consulting, and healthcare companies experts think WPP could buy as it gears up to start acquiring again

Boostr’s software could help build WWP’s CRM offering and expand beyond traditional creative and media-buying work.


C2 Ventures partner Chris Cunningham, an investor in Boostr, called it a less expensive and more user-friendly alternative to Salesforce.

FRONT OFFICE SPORTS
Baker Mayfield Takes Marketing Star Power to CBD Brand Beam

The quarterback position for the Cleveland Browns had been a revolving door in the past two decades, lacking any sustainable star power. In Baker Mayfield, the franchise found a player anointed a marketing star before taking an NFL snap.


Mayfield is extending his endorsement deal portfolio — including Hulu and Progressive — to include a new ambassador deal with CBD company Beam. He had previously made an investment in Beam through his venture fund, Camwood Ventures, an offshoot of his family’s private equity firm Camwood Capital Group.


This partnership would have been unthinkable just a few years ago — because of NFL policies — but now it’s a match made in heaven, he said.

CRUNCHBASE NEWS
Bloom Credit Raises $13M To Connect Businesses With Credit Bureaus

Bloom Credit is helping fintech and other businesses that want to provide credit products, such as lending, personal finance or credit monitoring, work with the country’s three credit bureaus. To accelerate that work, the New York-based startup secured $13 million in Series A funding.


Within that investment, $10 million was led by Allegis NL, along with Resolute Ventures, Slow Ventures and Commerce Ventures. The other $3 million was a previously unannounced round from a group of angel investors including Sheel Mohnot and Jake Gibson, Jeff Cruttenden, Jason Gardner, Mark Goines and Ron Suber.


The new funding means Bloom has raised a total of $17 million since it was founded in 2016, Matt Harris, co-founder and CEO of Bloom Credit, told Crunchbase News.

RADIO & TELEVISION BUSINESS REPORT
Customer Retention Gets a boostr with AdLarge Deal

Independent audio advertising sales network AdLarge Media has secured a deal with boostr, an omnichannel customer retention and order management platform for media and advertising companies.


boostr integrates directly with AdLarge’s podcast hosting and advertising platform partner, Megaphone.

MEDIUM
Announcing Petal’s Series C

We’re thrilled to announce a new round of funding for Petal, led by Valar Ventures. We’ve raised $55 million to help make responsible credit a reality for more consumers. We’re grateful to all of our investors and the fantastic team that has enabled us to reach this milestone.


This new funding allows us to double down on our mission to help more people access honest, simple, and responsible credit. This mission matters even more in the COVID-19 era, when credit has become much harder to obtain — particularly for people with low scores or with no previous credit history. Our cash flow underwriting technology is uniquely suited for this moment, allowing us to lean in and serve more people than ever before, even as the big banks and major issuers pull back.

BUSINESS INSIDER
How Dentons, the world's largest law firm, is using tech to boost its pro-bono caseload by nearly 40%

  • In 2019, Dentons codeveloped and launched a pro-bono system with Paladin, a software platform that allows lawyers to more easily access pro-bono opportunities.

  • Since then, the firm has seen an increase of nearly 40% in pro-bono casework.

  • Ben Weinberg, who heads the pro-bono department at Dentons, spoke with Business Insider about how Paladin solved the problems faced by lawyers at the firm in accessing pro-bono work — especially during a time when the country is grappling with a pandemic and a racial reckoning.

LITTLEFUND
Our Next Chapter at Littlefund

A message from Littlefund Founder and CEO, Mimi Chan, regarding our exciting announcement! With its acquisition, Littlefund joins UNest to dominate as the next generation’s best Fintech platform for saving and investing in your children’s future.

--

Dear Littlefund Community,

Today is one of our proudest company milestones to share. I’m sharing it with you first because you all have been a huge part of our story.

Littlefund’s financial gifting platform has been acquired by UNest. With this acquisition, UNest and Littlefund will join forces to expand UNest’s offering with our gifting technology and continue growing as a market leader in helping families invest in their children's future with ease.

BEAM
Revive 101 | Repair, Restore, Recover

Whoever said “no pain, no gain” clearly didn’t believe in rest days. we, on the other hand, believe you should workout hard and recover harder.

when it comes to exercise, your workouts are only as good as your rest and recovery sessions. if your body doesn’t have enough time to repair, restore, and recover, you end up more prone to overuse injuries and chronic inflammation, which gets in the way of those gains.

NEW YORK TIMES
For Robots, It’s a Time to Shine (and Maybe Disinfect)

Indeed, cleaning robots are having a moment in commercial real estate. Their creators are promoting the machines as cost-effective solutions to the cleaning challenges posed by the pandemic. They can be put to frequent use without requiring more paid labor hours, they are always compliant, and some can even provide the data to prove that they have scoured every inch assigned.


. . .


Somatic, a start-up in New York, is working on a robot that can clean bathrooms using a spray technology, said Michael Levy, the chief executive. Removing a human cleaner from the bathroom makes the area safer because of the reduced risk of spreading germs, Mr. Levy said. And the robot will always do the job exactly as it is programmed to do.

“You have to let the chemicals set to do their job, but compliance is tough in the industry,” Mr. Levy said. “If you tell a robot to leave the chemicals for 36 seconds, they leave the chemicals for 36 seconds every single time.”

ADEXCHANGER
C2 Ventures’ First Investment Boostr Raises $7M At Triple The Valuation

The tech investment fund C2 Ventures (C2V), founded by mobile ad tech entrepreneur Chris Cunningham, said Monday that one of its previous investments – Boostr – raised $7 million, at a valuation that triples what it had last year.


Boostr founder and CEO Patrick O’Leary did not disclose terms of the deal or the company’s exact valuation.

Boostr is a software solution for sales planning and revenue management.


C2V, which is backed by a deep bench of programmatic and digital media execs including Snap VP of sales Peter Naylor, former IAB President Patrick Dolan and Spotify engineering VP Brian Adams, invested a low six-digit seed round in Boostr last year.


C2V is investing in the new round in Boostr as well, Cunningham said. It’s the fund’s first investment in a larger venture capital round.

CHEDDAR
Rens Original: The World's First Coffee Sneakers

Rens Original is working to make sustainability fashionable with their sneakers made from used coffee grounds. Rens Original co-founders, Jesse Tran & Son Chu, joined Wake Up With Cheddar to share more about their unique business. [Video]

PODNEWS
Westwood One reaches agreement to subscribe to Magellan AI's podcast advertising competitive intelligence service

Magellan AI today announced that Westwood One has expanded its subscription to their podcast advertising competitive insights service. Magellan AI offers an industry-leading weekly view of the top 3,000 podcasts for ad data and competitive intelligence. This includes data on more than 22,000 total podcasts and millions of individual ads. Subscribers learn WHO is advertising, WHAT they’re advertising, and HOW MUCH they’re spending.


Westwood One Podcast Network recently launched several new podcasts including In the Bubble with Andy Slavitt, The Prof G Show with Scott Galloway, The Stacking Benjamins Show, and Tell Me What to Do with Jaime Primak Sullivan.

TECHCRUNCH
This startup streamlines the pro bono work of lawyers, including those fighting for immigrants at the border

Felicity Conrad and Kristen Sonday were on very different paths until three years ago. Conrad was an associate at the powerhouse law firm Skadden Arps. Meanwhile, Sonday, a Princeton grad and the first person in her family to go to college, was reflecting on the several years she’d spent with the U.S. Department of Justice in Mexico City, working to extradite fugitives.


As it happens, both were coming to similar conclusions about the U.S. legal system, including that it’s especially challenging for people who don’t speak English. For Conrad, an opportunity to litigate a pro bono asylum case would set her on a path of wanting to do more for people fleeing persecution from their own countries. For Sonday, the experience of working with foreign governments had a similar impact.

YOUTUBE
Rens Original Review Most Innovative Sneaker Of 2020

This sneaker unboxing has one of the most innovative sneakers of 2020. Rens originals is the worlds 1st coffee sneaker made from recycled plastic and coffee grounds. With so many color ways and a anniversary sale happening now as we speak head over to rens original to buy you some sneakers now. [Video]

CHEDDAR
Otari Smart Fitness Mat Uses A.I. to Give You Adjustments in Real Time

Chris Kruger, CEO & co-founder of Otari, joins 'Cheddar Innovates' to show how this smart yoga mat can change the future of the fitness industry. [Video]

CBS19-NEWS
Otari Announces Launch of AI-Enabled Yoga and Fitness Mat

Otari is thrilled to announce the launch of their innovative AI-enabled yoga mat this spring.


This first-of-its kind mat is attached to a large flat screen, allowing users to take live or on-demand classes with industry-leading yoga, strength, and cardio instructors.


Otari is equipped with a moveable, magnetic camera arm that uses sensors to scan the user’s body as they complete their workout routines. Otari’s AI analyzes the user’s movements and delivers real time feedback and pose corrections. Each class is tracked on the user’s personal dashboard, enabling them to track their class-over-class progress.


Otari’s community features include group challenges and competitions. “Inclusivity is one of Otari’s guiding principles”, Otari CEO Chris Kruger said in a briefing earlier this week, “Otari was created to be a supportive option for those who have felt intimidated, excluded, or inconvenienced by traditional in-person studio classes”.

NEW YORK TIMES
Golfers Embrace CBD, Even as Its Gentility Is Questioned

PGA and Champions Tour players have become more vocal about using CBD to treat their ailments since the compound was removed from banned substances list in 2018.


Billy Horschel went six months without a top-eight finish last year before he found a remedy for his ailing golf game from a surprising source: the hemp plant. Horschel, a five-time PGA Tour winner, began using cannabidiol, or CBD, products shortly after he missed the cut at the British Open in July. He had four top-eight finishes in the next four months and was playing some of the most consistent golf of his career before the season was suspended in March because of the coronavirus pandemic.


Horschel, the 2014 FedEx Cup champion, is convinced that the CBD-infused topical creams and powders produced by the company Beam have contributed to his return to top form by increasing his quality of sleep and decreasing inflammation in his knees and ankles. So bullish is Horschel on the products, he recently became an investor in Beam.

TECHCRUNCH
A new pro bono portal just launched for lawyers looking to help people hit hard by the pandemic

The coronavirus pandemic has laid low a lot of Americans, more than 62,000 of whom have already died since the beginning of March and 30 million more who are now out of work owing to the resultant shutdown of most businesses and public gathering places.


The ensuant crisis it has created is so massive that any type of coordinated effort is a challenge to pull together. Fortunately, that hasn’t stopped the American Bar Association and a justice tech company called Paladin that we introduced to readers last year. On the contrary, the SaaS startup — which helps legal teams sign up for pro bono opportunities, then makes their work and its impact easier to track — has teamed up with the ABA to help lawyers find pro bono opportunities specifically to help people affected by the coronavirus pandemic and other natural disasters.


It’s a way to accelerate work that the ABA has been doing for the last 13 years through its Young Lawyers Division’s Disaster Legal Services Program — because time, right now, is of the essence.

© 2021 C2 Ventures. All Rights Reserved.

  • Substack
  • linkedin-256
  • 5282543-256
  • 5282548-512
  • twitter icon
  • instagram icon
  • facebook icon