Netflix ‘Dream Team’ Leader Joins Seismic Capital Company’s Advisory Board to Help Guide Today’s Most Promising Startups on Path to High Growth and Success

LOS ANGELES, July 12, 2023 — Seismic Capital Company (“Seismic”) today announced data scientist and engineering leader Colby Wise is the newest member of its Board of Advisors.

Founded in 2020, Seismic is solving for two major problems it sees in the venture capital space. First, it is opening up venture capital as an asset class to investors at all income levels and experience. Second, it makes a long-term commitment of capital and resources to early-stage companies within its portfolio to increase their chances of becoming the next unicorn. Members of its esteemed Board of Advisors are on point to coach, open doors, and brainstorm with the leaders of Seismic’s portfolio companies.

“Colby has tremendous experience in leading high-performing science and engineering teams spanning big data, cloud technology, and artificial intelligence (AI) and machine learning (ML). In addition to a rich technology and business background,  he is a personable mentor who has a passion for developing leaders of the future,” said Eric White, President and Chief Investment Officer at of Seismic Capital Company. “We are thrilled to have him on board as a resource and know he will make a big impact across our portfolio companies.”

Colby Wise currently serves as engineering leader at Netflix responsible for the streaming giant’s entertainment knowledge graph. Prior to Netflix, he served as applied ML science leader within the Machine Learning Solutions Lab at Amazon Web Services. There he was responsible for delivering high-impact ML product and solutions across industries ranging from finance, healthcare and life sciences, and sports. His work has been featured in media articles by ESPN.com, VentureBeat, NFL.com, Formula1.com, and scientific journals like Nature Scientific Reports. He received a Master of Science in Computer Science from Columbia University Fu Foundation School of Engineering and a Bachelor of Science in Finance and Statistics from Arizona State University W.P. Carey School of Business, where he graduated with magna cum laude distinction. Earlier in his career, he served as CEO and Founding Partner at Traverse Technologies. He started his career as a trader in the Goldman Sachs FICC division.

“Joining Seismic as an advisor to its portfolio companies is a win-win in my book,” said Mr. Wise. “The types of companies that Seismic is looking to invest in are those that, put simply, have the potential to change the world for the better. I look forward to helping them—the innovators and real-world problem-solvers of tomorrow—reach and exceed their goals.”

Members of Seismic’s Board of Advisors include serial entrepreneurs, corporate finance advisors, marketing, public affairs advisors, diversity and culture experts, banking and finance executives, as well as C-Suite professionals. Colby Wise joins the following members: Robert Andrialis (Securities Strategy); Mitchell Berman (Entrepreneur in Residence); Porter Bibb (Multi-Media Advisor); Demetrio Cuzzocrea (Technology & Web Analysis); De’Ana H. Dow (Energy & Financial Markets); Rob Finney (Banking/Corporate Finance); Theresa Moore (Diversity, Inclusion & Media Advisor); Brad Paden (Incubation Advisor); Roxanne Taylor (Marketing/Corporate Communications Advisor); Joey Tuttle (Information Design & Infrastructure); and Bruce Waxman (Entrepreneur Compensation & Recruitment Advisor).

About Seismic Capital Company

Seismic Capital Company (“Seismic”) is changing the way venture capital (VC) is done to the benefit of founders, startups and investors. It is committed to identifying, guiding and nurturing companies seeking to meaningfully disrupt their industries.

Seismic seeks to support impactful companies across digital and emerging technologies, sustainability, education, and others, all of whom comply with the highest standards of integrity and accountability, protecting the environment and our communities.

Through a democratized capital structure, Seismic opens its doors to investors of all income levels, allowing everyone to own a stake in these disruptive companies of tomorrow at the ground-floor level. For more information, please visit https://seismic.company/, subscribe to our newsletter https://seismic.company/newsletter/ and follow us on LinkedIn https://www.linkedin.com/company/seismic-capital-company and Twitter https://twitter.com/seismiccapco?lang=en.

Media Contact:
Laura Simpson
JConnelly for Seismic Capital Company
973.713.8834
[email protected]

SOURCE Seismic Capital Company

The company’s investor lineage includes Veeva, Vlocity, now Revolear 

SAN FRANCISCO, July 12, 2023 — Today marks the launch of Revolear, an artificial intelligence (AI) powered digital deal platform that connects buyers and sellers in the cloud, combining the capabilities to structure, propose, negotiate and approve a deal on a shared source of data. The enterprise SaaS platform is the brainchild of former Salesforce, Vlocity and Siebel execs with three decades of experience in negotiating business deals and developing configurable enterprise software. The $6 million in seed financing comes from sales and CRM executives Craig Ramsey, Mark Armanante, Young Sohn, Matt Wallach and James Ramsey, who collectively founded Veeva and Vlocity, which was acquired by Salesforce for $1.5 billion.

As corporations have prioritized more ambitious digital transformation initiatives, the number of approvers in the B2B decision-making process has grown. Buyers and sellers alike are challenged to align the stakeholders around a solution, often resulting in indecision and lost opportunities. Revolear empowers the deal team with new ways to optimize, communicate and collaborate, and ultimately bring more deals to closure.

“The pandemic kept sales reps out of their customer’s offices, and it turns out that eight of 10 B2B buyers actually prefer it that way,” said Raja Singh, founder and CEO of Revolear. “We’re in a new era of hybrid selling – with remote salespeople and digital channels augmenting the field team. Solutions are getting more complex, and more of the buyer’s decision process is happening online. Sales organizations have been relying on siloed applications and redlined documents to manage complex deals. Revolear moves the dealmaking process into the digital realm, where customers want to collaborate with their sales representatives.”

Singh has designed CRM products for nearly 25 years, beginning as the head of the financial services product line at CRM pioneer Siebel Systems, and later as the senior vice president of products at Vlocity. He left his role as a senior vice president and general manager at Salesforce to found Revolear, seeing new opportunities to leverage AI in B2B selling.

As more enterprises organize their growth activities around ‘revenue operations,’ rather than just sales, Revolear provides a single data source for all aspects of a commercial transaction, from discovery through negotiation and approval.

“What the Revolear team has built extends well beyond the salesperson,” said Ramsey, Revolear investor, chairman of Vlocity, and former Salesforce board member. “It will connect legal, finance, operations and all the other revenue functions on a single platform. Revolear provides a 360° view of a deal, and they all need that data.”

“Revolear provides us the opportunity to reimagine enterprise deal tools right as the next wave of technology, generative AI, comes to market,” Singh continued. “We’ve infused AI in every facet of the platform – from predicting optimized pricing with machine learning to synthesizing requirements and draft proposals with GPT to intelligently automating approval workflows.”

At the heart of Revolear is its proprietary DealCraft solution modeling technology, which enables the platform to easily adapt to a wide range of industries and commercial structures.

“Salespeople and their customers need the flexibility to be creative in their negotiations, without the technology restricting them,” said Adam Rutland, co-founder of Revolear and the architect behind Salesforce’s low-code OmniStudio platform. “DealCraft allows users to extend and customize deals, while still benefiting from AI-sourced predictions and automated workflows.”

Revolear’s digital deal platform is currently available via a limited pilot program. Parties interested in joining the pilot program can contact Revolear here for more information. To receive future updates, join Revolear’s mailing list here.

About Revolear
Revolear is a cutting-edge digital deal platform that transforms the way companies structure, propose, negotiate and approve complex business solutions. Conceived by CRM veterans and sales visionaries, Revolear combines the power of the latest artificial intelligence with the flexibility and simplicity valued by salespeople to drive deals to closure. Learn more about #dealsdonedigital by exploring revolear.com and follow on LinkedIn and Twitter.

Media Contact:
Elle Welch
423-605-5553
[email protected] 

SOURCE Revolear

FORT LAUDERDALE, Fla., July 12, 2023 — CarePredict today announced a $29M Series A-3 investment co-led by SV Health Investors’ Medtech Convergence Fund and Aspire Healthtech Partners. CarePredict’s innovative technology autonomously identifies changes in daily activity and behaviors that precede health issues such as urinary tract infections, falls, malnutrition and depression. The ability to detect the early signs of health concerns allows preventive care and preserves the overall wellbeing of older adults. Peer-reviewed and published studies have shown that CarePredict reduces hospitalizations by 39%, falls by 69% and increases the length of stay in a lower care setting by 67%.

The investment was co-led by SV Health Investors’ Medtech Convergence Fund and Aspire Healthtech Partners. Existing institutional investors Secocha Ventures and Las Olas Venture Capital participated, along with family offices and individual investors.

Greg Madden, Managing Partner, SV Health Investors said, “CarePredict has demonstrated excellent traction in senior housing and is well positioned to expand into the aging in place segment with a proven record of prediction and early intervention to not only preserve the health of older adults but to meaningfully affect healthcare costs positively.”

Philip Gisi, CEO of Edgewood Healthcare and Managing Director of Aspire Healthtech Partners, said, “I have done an exhaustive search of the wearable technologies that can provide meaningful resident movement and physiological data in our vertically-integrated, owned, and managed senior housing portfolio. CarePredict’s unique approach to data accumulation and analysis allows us to realize our goal of virtual integration and predictive interventions. Along with this investment, we have started installing CarePredict in our communities.”

Satish Movva, CEO & Founder, CarePredict, said, “I am very pleased that SV Health Investors and Aspire Healthtech Partners have joined us in our vision to reimagine care for older adults and I look forward to accelerating our impact across all care settings and payer models in senior care.” 

About CarePredict

CarePredict is a leading technology company specializing in senior care solutions. By combining artificial intelligence, predictive analytics, and wearable devices, CarePredict empowers caregivers with real-time insights, enabling proactive care delivery and enhanced quality of life for seniors. With a focus on safety, well-being, and independence, CarePredict is redefining how we care for our aging population. CarePredict is utilized throughout the United States in senior housing as well as by home care agencies to service their clients aging in place at home. CarePredict is poised to expand nationwide into serving Medicare Advantage and value-based care building on initial success in two regional markets.

Media Contact:

SOURCE CarePredict

SAN DIEGO, July 11, 2023 — Arthrosi Therapeutics, a clinical-stage biotechnology company, today announced the successful securing of $75 million in Series D financing. This round is led by Guangrun Health Industry (Hong Kong) Co. Limited and backed by a consortium of investors, including Reichstein Biotech (HK) Co. Limited, a subsidiary of ApicHope Pharmaceuticals. The participation of these notable investors underscores their continued confidence and commitment to the development of AR882. This financing represents another milestone in the development of AR882, a highly potent and selective next-gen URAT1 inhibitor delivered in a once daily immediate release oral capsule. AR882 has the potential to change the treatment paradigm for gout, addressing critical aspects such as serum uric acid (sUA) levels, flares, and tophi reduction. 

Recent Phase 2b trials have demonstrated remarkable efficacy and safety of AR882, positioning it as a frontrunner in the industry. Notably, AR882 has not only demonstrated high response rates achieving the minimum sUA target of below 6 mg/dL needed to control the disease, but also demonstrated sufficient potency to achieve targets below 5 mg/dL or 4 mg/dL for faster flare reduction and dissolution of crystal deposition and tophi.

“I am not aware of any other molecule that has shown such promising results,” said Litain Yeh, PhD, and CEO of Arthrosi. “We continue to be extremely positive about how AR882 can address the significant unmet need in the gout space. In the U.S. alone there are 9 million people who suffer with limited treatment options. The Series D financing and continued partnership with ApicHope will accelerate the development of AR882 and other groundbreaking drugs in Western countries and in Asia.”

“We look forward to the continued collaboration with Arthrosi to accelerate the company’s innovative drug portfolio and provide global access to these promising treatments,” said Hanxiong Li, Chairman and CEO of ApicHope. “We have been very impressed with the progress Arthrosi has demonstrated. The results of the Phase 2b trials are exceptional and we expect the ongoing Phase 2 tophi trial to also show improvements in flares, sUA reduction, and tophi.”

With over 9 million gout patients in the U.S. alone and 20 percent of patients with visible tophi, the market potential for AR882 is estimated to be over $1 billion.

About Arthrosi

Arthrosi Therapeutics, Inc. was founded in San Diego, CA, in 2018 with a mission to create a revolutionary treatment option to target uric acid levels and reduce joint damage for people living with gout. With its vast therapeutic and treatment knowledge, Arthrosi has accumulated a comprehensive and robust intellectual property portfolio and impressive Phase 1 and Phase 2b data showing industry leading efficacy rates and superior safety profiles.

About ApicHope

ApicHope Pharmaceutical is an innovative pharmaceutical company with integrated R&D, manufacturing, and sales capabilities. It was founded in 2002 and listed on the Shenzhen Stock Exchange in November 2017 (300723.SZ). ApicHope focuses on the fields of pediatric medicine, chronic disease drugs, and biogenetic vaccines. It is recognized as one of the top 100 comprehensive pharmaceutical research and development companies in China and one of the top 100 pharmaceutical companies in China.

To learn more about Arthrosi, visit www.arthrosi.com.

Media Contact:
Shunqi Yan, PhD
Founder & Chief Operating Officer
[email protected]

SOURCE Arthrosi Therapeutics

LOS ANGELES, July 11, 2023 — St. Cloud Capital, LLC, a Los Angeles based private investment firm, is pleased to announce the final closing of its fourth fund, St. Cloud Capital Partners IV SBIC, LP (“Fund IV”) with total capital commitments of $236 million including leverage from the Small Business Administration. Since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.

Fund IV will continue executing the same investment strategy as St. Cloud Capital’s predecessor funds, providing debt and equity growth capital to lower middle market companies in the U.S. St. Cloud typically invests $5 million – $20 million in companies across a wide range of industries in every layer of the capital structure, including senior secured debt, subordinated debt, and minority equity.

Fund IV is St. Cloud’s third SBIC fund. St. Cloud will continue to invest in underserved communities and will strive to make a positive community impact by addressing the wealth gap.

“We appreciate the strong support from our broad group of institutional investors and are grateful for the confidence they have in our team,” stated Kacy Rozelle, co-founder and Managing Partner of St. Cloud.

Ben Hom, Managing Partner of St. Cloud, added, “With the closing of Fund IV, St. Cloud Capital continues to be well positioned as both a capital and strategic partner to strong management teams in the execution of their growth plans. We are a relationship driven firm and strive to be the capital provider of choice for growing successful businesses that fall ‘below the radar’ of larger private equity firms, direct lenders, and the broader capital markets.”

St. Cloud has already made three investments in Fund IV in Sentinel Offender Services, LLC, Clear Sight Partners, LLC, and Atomica Corp.

Hogan Lovells US LLP served as legal counsel for St. Cloud Capital, LLC.

About St. Cloud Capital
St. Cloud Capital is a Los Angeles, CA-based private investment firm that provides debt and equity growth capital to the lower middle market (companies with annual revenues generally between $10 million and $150 million) throughout the United States. St. Cloud typically invests $5 million – $20 million in companies across a wide range of industries in every layer of the capital structure, including senior secured debt, subordinated debt, and minority equity. For more information about St. Cloud Capital, please visit www.stcloudcapital.com

CONTACT US:

10866 Wilshire Blvd., Suite 1450
Los Angeles, CA 90024
Phone: 310.475.2700
Fax: 310.475.0550

www.stcloudcapital.com

Benjamin Hom
Managing Partner
[email protected]

Kacy Rozelle
Managing Partner
[email protected]

Robert Lautz
Managing Partner
[email protected]

Matt Smith
Managing Director
[email protected]

Sheila Emami
Vice President
[email protected]

Chris Collar
Associate
[email protected]

Francisco Flores
Analyst
[email protected]

Cordell Gee
Controller
[email protected]

SOURCE St. Cloud Capital

Based in New Zealand, world-class venture builders will lead operations and business development throughout APAC

NEW YORK, July 11, 2023 — Co-Created, a venture studio that partners with corporate clients to rapidly build and launch new products and businesses, announced today its next phase of strategic expansion with the opening its first office in New Zealand, which will serve the broader APAC region.

The APAC office will be led by venture builders Kostia Shinderman and Alex Veiga, who have extensive experience as founders, corporate executives, investors and advisors. They will partner with corporate clients throughout APAC to identify and explore new opportunities to build and launch innovative solutions.

WIth this latest expansion, Co-Created will now have a presence on five continents as the company continues to grow to meet market demand. The move also reflects the company’s mission to foster vibrant venture ecosystems across industries and borders.

Co-Created’s expansion aligns with positive market conditions in Australia and New Zealand that have helped foster growth, innovation and entrepreneurship throughout the region. Increasingly an attractive destination for startups and corporate innovation, sectors such as food, finance, health and climate are particularly strong in this region, and are scalable internationally.

The APAC region has seen impressive growth in the innovation and investment sectors, fast becoming a global leader in the startup ecosystem. In 2020, the region boasted a total of ten unicorns with a combined value of $34 billion. In 2023 YTD,  the region saw a total of $136 billion in venture capital investment, representing 43% of the total global venture capital investment.

Stacey Seltzer, Founding Partner at Co-Created, commented, “With the meteoric growth of innovation and venture investment across Asia Pacific, we saw a clear opportunity to bring our 10+ years of venture building experience to an exciting new market.  We couldn’t be more excited to support and co-create better futures with bold, innovative corporate partners in the region.”

About Co-Created:

Co-Created is a venture development studio that partners with organizations to identify, explore, build and launch innovative new businesses. Since 2010, Co-Created has partnered with over 70 companies to help bring more than 100 concepts to market.

Contact:

Andrew Green
Mezzanine PR
[email protected]
+1-917-935-8714

SOURCE Co-Created

SAN FRANCISCO, July 11, 2023 –The Delta Dental Community Care Foundation, the philanthropic arm of Delta Dental of California, today announced $16 million in funding to nonprofit organizations through an Access to Care Grants Program intended to increase and safeguard access to quality, affordable oral health care. The program is offered across the 15 states and Washington, D.C. where Delta Dental of California operates. Since 2011, the Community Care Foundation has granted more than $130 million.

The Community Care Foundation funds local community partners to increase access to care, address health disparities, drive health equity and promote innovation in the oral health field. The grants enable its nonprofit partners, which include Federally Qualified Health Centers, to provide vital and beneficial services to those most in need in the communities they serve.

Through these grants, the Community Care Foundation has significantly impacted the lives of many community members, including David Sunday. Sunday, a United States Air Force veteran who is now the outreach coordinator and veteran liaison at The Council on Recovery and vice president of the Party Sober Partnership, received oral health care through a partner, UTHealth Houston School of Dentistry.

“When I first came to UTHealth Houston School of Dentistry, I was five years sober from my 30-year fight with PTSD and had no idea how I was going to begin addressing my significant dental needs,” said Sunday. “The state of my teeth was impacting my recovery – physically, mentally and spiritually. When I looked in the mirror, I couldn’t see anything good about myself. The care I received from UTHealth Houston School of Dentistry has been one of the greatest blessings in my life and has helped me move forward. Dentistry is an untapped resource that everyday people do not always have access to, so being able to see other veterans receive the gift of their health and smile again is an honor.”

“This year’s Access to Care Grants represent the program’s largest annual funding and are focused on three critical areas of need: the oral health crisis among older adults, health equity and rural oral health access,” said Kenzie Ferguson, vice president of foundation and corporate social responsibility for Delta Dental of California. “The important relationships with our partners enable us to achieve our broader mutual goals to help make the communities we serve strong, healthier and more resilient.”

About Delta Dental Community Care Foundation
The Delta Dental Community Care Foundation is the philanthropic arm of Delta Dental of California and its affiliated companies, including Delta Dental Insurance Company, Delta Dental of Pennsylvania and Delta Dental of New York, Inc. Since 2011, the Community Care Foundation has awarded more than $130 million in funding and support to increase access to quality dental care, oral health education and to advance scientific research across the company’s 15-state service area and Washington, D.C. For more information about the Delta Dental Community Care Foundation, please visit https://www1.deltadentalins.com/foundation.html

About Delta Dental of California
Since 1955, Delta Dental of California has offered comprehensive, high-quality oral health care coverage to millions of enrollees and built the strongest network of dental providers in the country. The Delta Dental of California enterprise includes its affiliates Delta Dental Insurance Company, Delta Dental of Pennsylvania, Delta Dental of New York, Inc., as well as the national DeltaCare USA network, and provides dental benefits to more than 44 million people across 15 states and the District of Columbia*. All are members of the Delta Dental Plans Association based in Oak Brook, Illinois, the not-for-profit national association that, through a national network of Delta Dental companies, collectively covers millions of people nationwide. For more information about Delta Dental of California, please visit www.deltadentalins.com 

*Delta Dental of California’s operating areas encompass Alabama, California, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, Montana, Nevada, New York, Pennsylvania, Texas, Utah, West Virginia and the District of Columbia.

For more information, contact:
Tom Sarris
Director of Corporate Communications
Delta Dental of California
[email protected]

Caitlin Dong
Senior Corporate Communications Consultant
Delta Dental of California
[email protected]

SOURCE Delta Dental Community Care Foundation

With Second Investment, Financial Finesse Ventures Sets Its Sights on Closing America’s Racial Wealth Gap

EL SEGUNDO, Calif., July 11, 2023 — Financial Finesse Ventures, a first-of-its-kind venture arm devoted to elevating fintech solutions with high social impact, today announced a new investment in OfColor: A bold, minority-owned financial wellness platform that is available to all, but is unapologetically focused on the financial empowerment of employees of color.

Founded in 2022, Financial Finesse Ventures is fully funded by Financial Finesse—the country’s leading independent provider of unbiased workplace financial wellness coaching programs. The venture arm was established to bend the curve of the fintech industry, away from predatory, growth-at-all-costs models, and toward models that are both aligned with the best interests of consumers and able to significantly accelerate their financial security.

“We are beyond excited to partner with OfColor, a company whose mission speaks to my own goal of bringing critically needed financial wellness coaching to as many people as possible,” said Liz Davidson, CEO of Financial Finesse and Financial Finesse Ventures. “OfColor is already making a name for itself as an influential changemaker in the industry. Together we will be able to meaningfully address the soaring rates of financial stress among employees of color, chip away at our country’s chronic racial wealth gap, and transform millions of financial lives.”

Financial Finesse will form a strategic go-to-market partnership with OfColor, with both entities sharing expertise and insight. With this investment, Financial Finesse will bring OfColor to the more than 12,000 employers it currently serves, significantly amplifying its own DE&I efforts and rapidly scaling OfColor’s reach and impact. The partnership links the naturally complementary firms in ways that will propel both forward. In addition to funding, Financial Finesse will consult with OfColor, leveraging its institutional knowledge of the financial wellness market to drive continued innovation, operational efficiencies, and advancements in technology, data, and analytics.

“At OfColor, we see the workplace as one of the frontlines in the battle to close the country’s persistent racial wealth gap, and our role is to create a positive ripple effect that benefits both employees and employers,” said Yemi Rose, Founder and CEO of OfColor. “We have long admired Financial Finesse’s effectiveness in driving life-changing outcomes for employees and value for employers. It is even more impressive that they have been able to achieve all that they have while remaining independent and without bias. As many of our users have been taken advantage of by the financial services industry, a strong ethical foundation was crucial in our choice of partner. We’re thrilled to join the Financial Finesse Ventures portfolio and to leverage their expertise to advance our shared goals.”

Since its founding in 2020, OfColor has significantly grown its client base, attracting a number of Fortune 100 partners, and successfully working to improve the financial health of employees of color via fintech tools, culturally relevant content, and financial coaching and therapy led by BIPOC coaches. OfColor has integrated the best from fintech and behavioral finance into a single platform—helping employers enhance their culture to create more productive and engaged teams, and empowering employees with wealth-building tools to secure a financial legacy.

Financial Finesse Ventures led a diverse syndicate of investors, all focused on double bottom-line investments that drive financial returns and social good in equal measure. Terms of the investment round were not disclosed.

About Financial Finesse Ventures
Financial Finesse Ventures is a first-of-its-kind venture arm devoted to accelerating fintech companies with the potential to transform millions of financial lives. Launched in October 2022, the group was created to change the trajectory of the fintech industry, drive positive social impact, and support companies that both consumers and employers can trust. Unique in venture capital, Financial Finesse Ventures is fully funded by Financial Finesse, the country’s leading independent provider of unbiased workplace financial wellness coaching programs. Through an intensive and selective process, Financial Finesse Ventures will seek early-stage, purpose-driven companies with inspired, pro-consumer models to join its portfolio.

About OfColor
OfColor is a bold minority-owned financial wellness platform that is available to all, but unapologetically focused on the financial empowerment of employees of color. The company works with large enterprises seeking to improve the financial health of this stressed segment of employees, providing fintech tools, culturally relevant content, and financial coaching and therapy with BIPOC coaches. They integrate the best from fintech and behavioral finance into a single platform and leverage the combination to improve employee financial health. Employers save on benefits, get a robust recruitment and retention tool, and get greater program participation and more present employees. Employees get wealth-building tools and culturally relevant financial content that enables them to secure a financial legacy.

Media Contact: 
Maggie Weinberg, Financial Finesse 
[email protected]

SOURCE Financial Finesse

ANN ARBOR, Mich., July 11, 2023 — Renaissance Venture Capital, a fund of funds that supports the growth of venture capital investment in the Midwest, has published its semi-annual “Hotlist,” a listing of top early-stage Michigan startups that are seeking venture capital investment.  The first Hotlist was published by Renaissance in 2018.

“Michigan has become one of the fastest growing states for venture capital, and our Hotlist spotlights some of the state’s most interesting up-and-coming startups, helping venture capitalists from around the country find their next investment here,” said Chris Rizik, CEO and founder of Renaissance Venture Capital.  “This list is part of Renaissance’s work to connect the country’s venture capital community to Michigan’s burgeoning startup community.”

This group of around 50 high potential startups is curated from hundreds of recommendations made by Renaissance local partners of universities, incubators, accelerators, seed funds, angel networks, etc.

The Renaissance Hotlist anticipates the semiannual Renaissance UnDemo Day® event, scheduled for October 10-11, 2023 at Ford Field in Detroit.  UnDemo Day® is a unique event bringing together high-potential startups seeking funding, venture capitalists from around the U.S., and Michigan corporations. The event has received national acclaim for its attraction of venture capital to the state. At each UnDemo Day®, Renaissance curates more than 500 one-on-one meetings between venture capitalists and startups. Dozens of local startups have received venture funding from UnDemo Day® introductions. 

Current Hotlist startups are shown below, and can be found with more detail at https://renvcf.com/hotlist/.

About Renaissance Venture Capital
Renaissance Venture Capital (Renaissance) is a fund of funds that supports the growth of venture capital in Michigan while serving as a bridge between the state’s emerging innovation company community and its strong industrial and commercial base. For more information, visit www.renvcf.com.

MEDIA CONTACT:  Colleen Robar, 313-207-5960, [email protected]

SOURCE Renaissance Venture Capital