Happy spring! Q1 was big for us. We allocated $8M to early-stage tech startups, a 326% YoY increase from Q1 2016. We also went to SaaStr and hung out with a lot of our clients—and a lot of our future clients, too, we hope!
Here’s a snapshot of some of the companies we funded in Q1.
Highlights of first-time clients
PlayVox’s mission is to empower call center teams to deliver great customer service. Their QA software allows managers to measure the quality of customer interactions across all channels—chat, email, phone, and more—in one simple platform.
Strivven Media develops high-tech products for students, teachers, and schools. Their flagship product, VirtualJobShadow.com, is a career exploration platform used by thousands in school districts, colleges, and workforce agencies across the country.
Vidillion enables video content owners to connect TV viewers with advertisers. Their Connected TV solution aggregates content from multiple ad platforms and determines the appropriate ad to display based on viewer demographics.
EcoDomus provides project management software for the construction industry as well as BIM software, consulting, and integration services. Their facility management application is an industry leader.
Springboard Retail builds point of sale and retail management software that provides real-time updates, custom reporting, and multi-channel, multi-site insights. They have processed over $1B of retail sales at over 1,000 sites across North America.
Waggl is an employee feedback platform that helps organizations connect with employees more quickly and in a more engaging way than a typical survey. More than 3,000 organizations have used Waggl to gather insight and opinions.
Mailprotector has provided email filtering and security systems since 1999. Today, they provide a full complement of cloud-based email security, management, and hosting services. Lighter Capital’s funding will be used for product development, customer service enhancements, and market expansion efforts.