Selected Portfolio Investments
We are pleased to have played a role in the success of the following companies
CleanScapes is a Seattle-based waste management company founded in 1997 that provides sustainable and environmentally responsible solutions for commercial, industrial, and residential waste collection and recycling. CleanScapes has built a reputation for delivering exceptional customer service, innovative solutions, and a commitment to sustainability.
The company offers a wide range of services, including waste collection, recycling, composting, and hazardous waste disposal. CleanScapes has a fleet of modern, fuel-efficient trucks and uses advanced technology to optimize its operations and reduce its environmental impact.
In November 2014, CleanScapes closed a merger transaction with Recology, a waste management company based in San Francisco, to provide waste collection and recycling services in the Pacific Northwest. Recology is the largest U.S. employee-owned company in the industry and is known for its innovative recycling programs and has been a leader in waste reduction and sustainability for over a century.
Full Circle Farms was founded in 1996 by Andrew Stout, a fourth-generation farmer who wanted to create a sustainable agriculture model that would provide fresh, organic produce to local communities. He started the farm on a small plot of land in Carnation, Washington, and over the years, it has grown into a thriving farm operation with multiple locations in the Pacific Northwest region.
From its humble beginnings, Full Circle Farms has remained committed to promoting sustainable agriculture and providing fresh, organic produce to local communities. In addition, Full Circle Farms operates a farm-to-table delivery service that delivers locally grown organic produce to customers' homes. They also offer a variety of recipes and cooking tips to help customers make the most of their produce and promote healthy eating.
Give InKind is a social enterprise that was founded in 2016 by a team of entrepreneurs who were passionate about using technology to make it easier for people to support their loved ones during times of need. The founders of InKind had all experienced first-hand the challenges and difficulties that come with caring for a sick or injured family member or friend, and they wanted to create a platform that would make it easier for others to provide support and encouragement to those who are going through a difficult time.
InKind's platform allows users to create personalized support pages for their loved ones in times of need, such as fighting illness, grieving a loss, or welcoming a new baby. The pages can include messages of encouragement, offers of assistance, and requests for donations to help cover expenses related to the need. Friends and family members can then visit these pages to offer and organize support.
C-SATS stands for "Crowd-Sourced Assessment of Technical Skills." It is an online platform designed to help surgeons improve their technical skills through objective assessments of their performance.
C-SATS was founded in 2014 by Dr. Thomas Lendvay, a pediatric urologic surgeon and professor at the University of Washington, and Dr. Michael R. Harrison, a pediatric surgeon and the founder of the Fetal Treatment Center at the University of California, San Francisco. The company was initially developed with funding from the National Institutes of Health (NIH) and the Defense Advanced Research Projects Agency (DARPA).
In 2016, C-SATS was acquired by Johnson & Johnson's Ethicon division, which has continued to develop and expand the platform.
Eden Rock Communications was a privately held company founded in 2004 that developed and provided software solutions for mobile networks. Its products focused on improving the efficiency and performance of wireless networks.
In 2015, Nokia announced that it had acquired Eden Rock Communications. The acquisition was part of Nokia's strategy to expand its portfolio of network optimization solutions and improve its competitiveness in the global telecommunications market.
Nokia's acquisition of Eden Rock Communications was part of the company's broader strategy to enhance its network services offerings. At the time, Nokia's President of Mobile Networks, Samih Elhage, stated that the acquisition would allow Nokia to provide its customers with "a more comprehensive and powerful network optimization solution."
M87 is a company founded in 2012 by two electrical engineering professors from the University of Texas at Austin, Dr. Robert Heath and Dr. Jeffrey Andrews, along with entrepreneur Ryan Guerra. The company specializes in developing technology that can improve the coverage and capacity of mobile networks.
M87 has collaborated with several major mobile network operators and equipment manufacturers to test and deploy its technology. In 2017, the company was acquired by XCOM Labs, a provider of cloud-based mobile network solutions. The acquisition of M87 was seen as a strategic move to enhance XCOM's offerings and expand its market share.
After the acquisition, M87's team of engineers and researchers continued to work on developing and integrating their interference alignment technology into XCOM's products. The M87 team also collaborated closely with XCOM's existing engineering team to ensure a smooth transition and to leverage XCOM's existing infrastructure and resources.
Slope is a cloud-based project management software company that was founded in 2014 by Dan Bloom and Brian Bosché. The company's software helps teams manage their projects and workflow by providing tools for collaboration, task tracking, and file sharing.
In 2018, Slope was acquired by Smartsheet, a leading cloud-based platform for work execution, which enables teams to collaborate, manage, and automate work processes across their organization. The acquisition was announced in May 2018, and the terms of the deal were not publicly disclosed. However, it was reported that the acquisition was primarily a talent acquisition, with Smartsheet seeking to add Slope's experienced team members to its roster of employees.
Zooppa is a global creative agency that specializes in user-generated content (UGC) and crowdsourced advertising campaigns. The company was founded in 2007 and is headquartered in Seattle, Washington.
Zooppa's business model is built around connecting brands with a community of more than 500,000 creatives, including filmmakers, graphic designers, and social media influencers. Brands use Zooppa's platform to launch campaigns and contests, and creatives submit their work in response to these briefs.
In 2018, Zooppa merged with Talenthouse, another leading crowdsourced creative platform. Like Zooppa, Talenthouse connects brands with a community of creatives who submit their work in response to brand briefs. The combined company has more than 1 million registered creatives in over 200 countries, making it one of the largest crowdsourced creative platforms in the world.