Wednesday, May 25, 2022

Hi TenOneTen Friends,

We’ve been enjoying this spring weather. We’re excited to be meeting people in person again! Feel free to reach out for a hike, walk, coffee, or surf with our team! We’ve also been hard at work here at TenOneTen and are excited to share some of the latest news from our team and portfolio:

Windfall Data, a financial data company that helps determine the net worth of households, announced $21M in new funding. Windfall has grown 3x over the last year and counts organizations such as Make-A-Wish, University of Michigan, and Wheels Up among their customer base. 

Daily, an API for adding video calls to any app, also announced their $15M Series A led by Lachy Groom. Driven in part by the rapid move to remote tech during the pandemic, Daily has grown its customer base by 20x since last year, grew revenue 30x, and recently launched audio-only capabilities as well.

We’re also excited to welcome NavTrac to the TenOneTen portfolio. Navtrac is an AI-powered yard management system. Because of trade disruptions last year, container shortages were already growing at unprecedented levels (a problem only made worse by the recent Suez Canal obstruction). NavTrac’s computer vision and automation technology helps ports and trucking yards move containers faster. They’re also hiring a Computer Vision EngineerBackend Engineerand more!

TenOneTen healthcare companies have also been getting some well-deserved recognition. Well Health was named one of the best places to work in healthcare in 2020, and Honeybee Health was named among the most innovative companies in healthcare by FastCompany.

There’s also a lot of news from our team. Jim Moffatt, former CEO of Deloitte, joined us as a new Operating Partner. Minnie Ingersoll rang the opening bell of the NYSE to celebrate the launch of ATHN, an all-women’s led SPAC. And Eytan Elbaz was named among Seed 100 top Early Stage Investors by Business Insider.