What's New at Company Ventures

Welcoming the Fall 2024 Grand Central Tech Cohort, launching our new website & Nashville Residency, Brian Chesky, Mike Maples & more!

October 31, 2024 • Estimated Reading Time: 12 minutes

🗽 Introducing the Grand Central Tech Residency Fall 2024 Cohort

This year marks the 10 year anniversary of the Company Ventures Founder Residency program! 

Since our inception, we have worked every day to build an exceptional venture community, combining capital, community, and place in a way that has repeatedly proven catalytic to the success of early stage ventures. The Fall 2024 Cohort joins impressive company, since 2014 there have been:

179

Alumni residency companies

362

Early stage founders supported

$4bn+

Raised by participating founders

Please join us in welcoming these teams to our community!

Fall 2024 Cohort

Distill is creating overviews of people and companies that summarize everything that can be found online, all consolidated and organized in one place.

Docsum is an AI contract negotiation and data management platform. Using Docsum, in-house legal, operations, and finance teams can speed up manual contracting workflows by 10x.

Knox Networks is a global transaction ledger for all forms of regulated money and financial assets (24x7x365). Knox creates parity for how assets are moved and secured, with a real-time view of all cash and assets within a business.

Ldgr is building a data engineer on-demand for finance teams. Ldgr unblocks Finance, allowing them to get the clean, accurate data they need where they want it: in spreadsheets.

Lume Security is developing an AI-powered solution that enables organizations to contextually assess their cybersecurity program and reduce business exposure. Lume also automates risk mitigation, freeing up valuable time for teams to focus on strategic initiatives that drive business growth.

Manuscript is the natural language programming platform for workflow automation. Transform written processes into executable workflows.

Permanence automates toil out of software development, allowing enterprises to efficiently ensure the security and consistency of large codebases while accelerating product and feature development.

Revin helps service businesses (HVAC, Appliance Repair, Plumbing, Roofing, Pest Control) scale effortlessly by automating front-office tasks like scheduling, booking, dispatching, outbound calls, and follow-ups. Our AI-driven tools are trusted by top businesses like PipeDreams, Sears Home Services, and Lion Home Services (LSP Portfolio) to grow efficiently while keeping their teams lean.

Traversal is building an AI Site Reliability Engineer.

Unison Labs, from the team behind Chartable, is building tools at the intersection of voice and AI.

Spring 2024 Cohort

Abstractive Health is building an AI co-pilot for physicians to streamline clinical documentation. The company has developed a clinical reasoning engine that can be used for outpatient, inpatient, and emergency care to automate clinical notes such as SOAP notes, progress notes, transition of care, ED Provider notes, and discharge summaries.

Didero is building the autonomous supply chain, starting with an AI-native supplier management platform for mid-market manufacturers.

Fleet AI is building research and data tools.

Lilac Software’s platform solves the health insurance industry’s core data fragmentation problems by providing a cloud native modern analytics stack that aggregates and normalizes data from disparate sources then maps health insurance specific business needs to AI/ML powered analytics and insights.

Orchestra Health is reinventing care transitions, beginning with surgery. Orchestra using a combination of coordination software with virtual care services helps any surgical provider implement surgical workflows typically found in large health systems. 

ParadeDB is building an alternative to Elasticsearch on Postgres. Postgres, despite being a multi-decade-old database project, continues to grow in popularity due to its extensibility, secure foundation, and open-sourced development. Founders are making Postgres competitive for full-text search and real-time analytics, enabling developers to build fully Postgres-based products.

Rogo is building the secure, enterprise AI platform purpose-built for financial service institutions- helping them save time, unlock insights, and automate workflows. Rogo unlocks the power of generative AI to accelerate finance data workflows, and increase research capabilities. 

Sunrise AI empowers revenue operations and risk / compliance teams with AI-powered solutions. Sunrise’s suite of tools leverages AI and machine learning to streamline operations, enhance decision-making, and optimize customer and vendor relationships.

Workmate Labs is giving every knowledge worker their own AI teammate. Your Workmate provides proactive, human-level support to accelerate work and empower you to focus on what matters most. Led by an experienced NYC product leader, the team has several former founders and is building a personalized, AI-first product that gets work done for you.

Our Nashville Residency is here!

Company Ventures' vision for Nashville aims to support the explosive growth of the city’s startup ecosystem as we have served New York for the past decade - fostering a stronger community among founders and investors is crucial to realizing this vision. View announcement & learn more → | Questions? Email [email protected]

Introducing the new Company Ventures website

You may have noticed an updated look on the Company Ventures website. We recently underwent a website refresh to align our online presence with updated branding, and to better communicate our core pillars: Capital, Community and Place. Read more →

🎉 Portfolio Wins

✨ Impact @ Company Ventures

Applications are open for our third cohort of Boost!

Applications are officially open for our third year of Boost, a Founder Fellowship program in collaboration with New York City Economic Development Corporation.

Boost is designed to empower first-time tech founders in NYC by connecting them with invaluable investor and founder networks. If you know a founder ready to take their business to the next level, let them know about this incredible opportunity! Read more →

Summer 2024 intern program showcase & close

In June, we kicked off our summer internship program. Partnering with CUNY, Blackstone LaunchPad, NYCEDC, and Civ:Lab, we placed 85 CUNY students at tech companies within our broader network, with the goal of providing startups with exceptional talent, and students with a pathway towards a successful technology career. Recently we hosted an internship showcase where students presented what they worked on over the summer and shared their next steps in their career journeys.

Workforce development has always been a central part of our mission and we believe that building a diverse tech workforce enhances New York City’s innovation ecosystem. Read more →

🗓️ What’s On…

We recently partnered with Tech:NYC to host a conversation with Brian Chesky, Co-Founder and CEO of Airbnb, interviewed by serial founder Kevin Ryan, Founder & CEO of AlleyCorp - two leaders who have not only shaped iconic companies but the entire tech ecosystem.

Our community heard an off-the-record conversation between Brian and Kevin on building and scaling sector-changing startups, understanding growth in the current landscape, and what “founder mode” actually means.

Grand Central Tech Book Talk with Mike Maple, jr.

Two weeks ago, we were fortunate to host Mike Maples, jr. in conversation with Company Ventures CEO Matt Harrigan on Mike’s book: Pattern Breakers. A few insights we took away:

  • There are three elements to most breakthrough startup ideas: inflection (an event that creates the potential for radical change in how people think, feel and act), an insight (a truth about how one or more inflections can be harnessed to radically chance human capacities and behaviors), and founder-future fit (the ability to live in a valid future and build what’s missing for that future).

  • If you're spending time in the valid future, you're tinkering with inflections, and you see firsthand the opportunity to break the current patterns of how people think, feel and act.

  • For a startup that is going to break free, it's not just about the product but also the point of view. With most startups, the early believers often buy from them because they believe what the startup believes, not because it solves their immediate problem.

Interested in hosting an event with Company Ventures?