📝 Double the memos

Hey there #

What's that?? You're loving the weekly emails... and you want let your friends and colleagues know?

Oh easy, flick our LinkedIn post a like and you'll help spread the love about VCinsights. Plus you're already an early adopter, so might as well flex your subscriber #!  

Enjoy!

--

And Now, The Memos...

👩‍⚕️ Journey Clinic (healthtech)

Journey Clinical Inc. empowers psychotherapists to provide safe, effective, and transformative ketamine-assisted psychotherapy (KAP) to their patients.

Raise: Series A | US$9M

Investor Memo: USV by Rebecca Kaden

"Journey is building a decentralized clinic and B2B marketplace, empowering psychotherapists to provide psychedelic therapies to their patients. Today, this means the network of Journey therapists is able to utilize ketamine for KAP (ketamine assisted psychotherapy), which has been an FDA approved drug for decades and has emerged as an important option for treating depression."

 

💻 Accord (sales tech)

Accord is a customer collaboration platform for startups who need to hit scaling revenue targets & build a repeatable sales & onboarding process. 

Raise: Series A | US$10M

Investor Memo: Matrix Partners by Diana Berlin

"Accord’s top users, [said] that Accord was their tool of choice not only because it helped them sell better, but because their buyers felt like it was built just for them. By consolidating the entire sales process and all the relevant resources into one place, sellers gained a hub for bringing new stakeholders into the process midstream—and a self-serve resource for their champions within a prospect organization to share with the relevant decision-makers at just the right moment."

⌨ DevZero (devtech)

DevZero makes developers more productive by providing a platform for cloud-based software development environments.

Raise: Series A | US$26M

Investor Memo: Madrona by S. Somasegar & Jon Turow

"As DevZero explains it, developers currently spend up to 40% of their time maintaining development environments rather than writing code and building new products and features. These local environments are often constrained by the resources of their device, are non-collaborative, and cause problems when it comes to testing performance and security because not everyone has the same technological setup as the developer."

🎮 Voldex (gaming)

Voldex is an innovative video game studio focused on UGC (user-generated-content). It owns and operates several top-rated Minecraft and Roblox games.

Raise: Series A | Undisclosed

Investor Memo: a16z by Andrew Chen, Jack Soslow

"Voldex was founded by CEO, Alex Singer, a true prodigy in the world of UGC game development [who] has scaled this passion for UGC game development — transforming Voldex into a multimillion dollar business. Voldex’s ability to repeatedly identify, acquire, and improve games has led to a library of games that provide fun for over 14 million monthly active users."

🔎 CYGNVS (cybersecurity)

CYGNVS helps companies reduce risk before they’re hit by cyberattacks by ensuring they’re prepared and have practiced their response to any such crisis.

Raise: Series A | US$55M

Investor Memo: a16z by Angela Strange, Alex Rampell

"Cyber incidents have reached a crisis level over the past decade. In 2021, the U.S. saw 1,862 data compromises, affecting nearly 300 million people (a nearly 100% increase from five years ago). Cybersecurity practitioners no longer wonder if they will deal with a breach, but when and how severe the breach they deal with will be. Even though the cyber insurance market has grown rapidly to insure this increasing risk, companies remain underprepared to respond to the inevitable."

😃 Hume (AI)

Hume AI provides the APIs, machine learning models, and globally diverse data needed to build empathic technology that can learn from human expression.

Raise: Series A | US$12.7M

Investor Memo: USV by Andy Weissman

"But increasingly, user experience is shaped not just by human designers with empathy, but by AI with no inherent concern for the multitude of our emotions. As AI begins to shape every aspect of our lives, can we ensure that it cultivates our emotional well-being as a fundamental, overriding objective? Can we optimize algorithms for our happiness and satisfaction as opposed to the engagement-driven methods that drive many applications today? Hume AI believes we can."

🌍 Geocomply (compliance)

GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user's true digital identity.

Raise: Growth Equity | Undisclosed

Investor Memo: Norwest by Jon Kossow, Ran Ding, Gabe Stauber, Jason Chao

"GeoComply is instrumental in helping states, operators, and regulators ensure bets come only from legal states and locations, prevent slippage of tax revenues, and detect bettors who try to spoof their locations by using a VPN or other techniques. While there is fierce competition amongst operators in the gaming market to capture market share, GeoComply is able to “play Switzerland,” offering valuable services to all operators and regulators."

🌿 Bitwise Agronomy (agtech)

GreenView allows you to view imagery throughout your entire orchard, with analysis tools identifying areas of concern and guiding you on where to act.

Raise: Venture Capital | Undisclosed

Investor Memo: Sprint VC by Nic Gill

"Bitwise’s software allows farmers to automatically detect crop variability early, which will enable them to take corrective action to mitigate yield losses. The software examines vine growth, recognizes diseases, identifies climate impacts, and helps farmers avoid vine stress across their entire farm. By capturing better crop data, Bitwise also helps farmers forecast and manage variability, improving financial planning and reducing waste."

p.p.s. to search, filter and read the full database 1,500+ memos head to VCinsights.co