News

News from the Stage VP Portfolio

June 14, 2021

Stage VP backs Candid in $2M fundraising round

We are proud to be backing Candid on their mission to bring wholesale from paper to a digital environment. Until now, most communication between wholesale sellers and retailers has occurred over paper or unreliable email trails. Candid has built the software to streamline the wholesale process, especially for small and mid-sized brands and retailers who do not have the resources of the largest companies. We are an investor in Candid’s Seed round alongside Amplify, TenOneTen, SaaS Ventures, and Front Row Partners.


April 7, 2021

Intel Capital Leads an $18M Series B Investment in Iris.TV, a Stage VP Portfolio Company

We are thrilled for Iris.TV on their announcement of an $18M Series B round of fundraising led by Intel Capital, the investment arm of Intel Corporation. Iris.TV is a video data platform that uses API’s to enable advanced analytics of streaming video and help marketers make smarter video ads.


February 23, 2021

Stage VP Portfolio Company SoundCommerce raises $15M Series A led by emergence capital

Congratulations to the SoundCommerce team on raising a $15M Series A led by Emergence Capital. SoundCommerce provides a SaaS solution for retailers to manager their data in one place. Through integrations with Snowflake, AWS, Looker, and more, SoundCommerce is committed to making advanced data intelligence— such as that available on Amazon— accessible to all retailers.


January 11, 2021

Stage VP Managing Partner Alex Rubalcava named one of the Top VCs in LA

Dot LA asked 28 of L.A.'s top VC's who impresses them the most... and Stage VP's Managing Partner Alex Rubalcava emerged as one of the top 12 VC's in LA.

The list from Dot LA includes people from premier venture funds across size and style in LA.

Congratulations to all honorees.


January 5, 2021

First Resonance, a Stage VP portfolio company, named to Dot LA's list of the hottest startups in LA

First Resonance Logo.png

There are about 5,000 startups in LA.

21 of them were named to Dot LA's list of the LA-based Seed startups that VC's wish they'd invested in.

Stage VP portfolio company First Resonance is one of them.

On behalf of the Stage VP community, congratulations to the First Resonance team! We are so proud to be your investor and partner.

First Resonance is a software suite equipped to coordinate, monitor, and speed up manufacturing. Clients include manufacturers ranging from Phase Four to Joby Aviation.


SPIDR Tech helps law enforcement agencies handle the challenges of COVID-19

Stage VP portfolio company SPIDR Tech has provided communications tools to law enforcement agencies since 2017. However, COVID-19 presented a new challenge to the departments served by SPIDR Tech: how do law enforcement agencies ensure public safety while also limiting exposure to COVID?

Many agencies turned to SPIDR Tech to automate more of their citizen communication than ever before, allowing citizens to interact with public safety officers via telephone, email and text message. Customers, such as police departments in Tucson and San Antonio, depended on SPIDR Tech to sustain their service to their communities throughout the disruptions of 2020.

Chief William McManus of the San Antonio Police Department said: “SPIDR Tech is helping us complete telephonic reports, which are vital to our COVID response plan. It is keeping both our officers, and our community members, safer while we adapt to these circumstances.”

SPIDR Tech assembled a case study highlighting their community impact during 2020.


October 2020

Balto, a Stage VP portfolio company, raises $10 million Series A

Sierra Ventures led a $10 million Series A round into Balto, an AI-enabled platform for real-time feedback at contact centers. Balto’s customers include eHealth, National General Accident & Health, and Fresenius Medical Care.


October 2020

Stage VP portfolio company Slingshot Aerospace raises $8 million Series A

Slingshot Aerospace, an advanced analytics platform for data from earth and space that counts NASA, the U.S. Air Force, and Boeing amongst its customers, raised an $8 million Series A led by ATX Venture Partners.


Datch becomes a part of the Stage VP community

Datch allows workers on a manufacturing floor to use only their voice to record information, create requests, and ask questions.


July 2020

TrackStreet, a Stage VP portfolio company, raises $5.1 million Seed round

Okapi Capital and SaaS Venture Capital took part in a $5.1 million Seed round in TrackStreet, a SaaS platform to help brands like Smuckers and Domestic increase their e-commerce footprint while continually monitoring and mitigating unauthorized reselling.