York IE Announces Fifth Cohort of Startup Investments

Agency has now accomplished 36 investments in 30 firms

(Manchester, N.H., Feb. 28) — York IE™, a vertically built-in strategic progress and funding agency, right now introduced its fifth cohort, which incorporates 5 new firms and two follow-ons to earlier investments.

“This new cohort of investments is really the epitome of what we’re on the lookout for at York IE,” mentioned Kyle York, CEO, York IE. “These firms have distinctive founding groups and management with a high-velocity, repeatable go-to-market movement and a big market alternative to change into massively profitable.”

York IE additionally noticed important progress and progress from prior investments inside its portfolio.

Fifth York IE Cohort

With this six-month cohort, which ran from July 1 to Dec. 31, 2021, York IE has now accomplished 36 investments in 30 firms.

The brand new firms inside the fifth York IE cohort are:

• HourWork (previously Syrg), which is creating an open-employment community with the mission to save lots of the American Dream for 80 million hourly employees, serving to employers recruit and retain employees. (Boston)
• Lytica, the world’s solely supplier of digital element spend analytics and threat intelligence utilizing actual buyer knowledge. (Ottawa, Canada)
• Voyage SMS, a SMS market and message commerce platform for ecommerce manufacturers. (Los Angeles)
• Zippity, which gives area service software program to owner-operators within the house service trade. (Arlington, Mass.)
• Naya, a design collaboration platform democratizing the design course of and unleashing the facility of creativity throughout the planet. (Boston)

The follow-on investments embrace:

• Blustream, a SaaS-based, after-sale product engagement platform. (Worcester, Mass.)
• Pixaera, a studying metaverse for professionals to construct core expertise and collaborate in VR, PC and cell. (London)

“Previous to Lytica, I had labored with Kyle after I was chief product officer of Assent Compliance and have at all times been impressed together with his company-scaling information,” mentioned Martin Sendyk, CEO, Lytica. “As we strengthened the connection via funding and strategic progress advisory providers, I’ve been happy to find how priceless the whole York IE staff is and the way they really act as an extension of our working staff.”

Earlier Investments Develop and Succeed

Since York IE introduced its final cohort in August, firms inside the agency’s funding portfolio have celebrated main milestones, together with:

• Cyberhaven, inventor of the trade’s first knowledge detection and response platform, raised a $33 million Collection B from Redpoint to remodel the stagnant and ineffective knowledge safety market.
• Finmark, which helps firms construct refined monetary fashions with out having to make use of Microsoft Excel, introduced new funding from American Categorical Ventures.
• Stackshare, a tech stack collaboration firm, introduced it had surpassed 1 million builders with a profile on its platform.
• Flywheel, which manages knowledge for medical researchers, raised $27.5 million and purchased Radiologics.
• WEVO introduced file progress for Q3, with a 226% year-over-year income improve. Matty Wishnow, a acknowledged trade chief, additionally joined the corporate’s board of advisors.

York IE Momentum

Along with the nice work being executed by its portfolio firms, the York IE working firm, which gives SaaS plus providers to assist scale startups, continued to achieve momentum. The corporate launched new Expertise and Tradition advisory providers choices and added two key government hires: Gregg Nelson, vp of gross sales, and Brittany Flanagan, vp of expertise.

The corporate additionally added three new advisors to its community:

Moreover, Kyle York was named the New Hampshire Tech Alliance Entrepreneur of the 12 months and joined the Boston Youngsters’s Hospital Philanthropic Board of Advisors. York IE CFO Janelle Gorman was named one of many New Hampshire Union Chief’s 40 Beneath Forty.

ABOUT YORK IE

York IE™ is a vertically built-in strategic progress and funding agency serving to reshape the best way firms are constructed, scaled and monetized. By means of Gasoline™, its SaaS platform for market and aggressive intelligence, hands-on advisory providers and selective early stage B2B SaaS investments, York IE helps formidable entrepreneurs, operators and buyers on their quest to scale startups and disrupt markets. Play the lengthy recreation at York.IE.