Spike Ventures Community Newsletter — July 2022

Content at the intersection of entrepreneurship, venture capital, and our Stanford community.

Written by

Todd McIntyre

Published on

IN THIS ISSUE: Recent investment announcements from Indigov, SecureSave, and Swing Therapeutics; Spike portfolio news from Classiq, Jeeves, Lacework, and Mainspring Energy; Stanford’s 131st Commencement Ceremony; and more.

Spike Ventures Portfolio Updates

Indigov (SV5) is a service delivery and constituent engagement platform built for elected officials. The company’s platform integrates every channel of communication, including web, scanned mail, Facebook, Twitter, and phone calls, sorting messages into smart inboxes for easy management. Spike participated in a $25 million Series B alongside Tusk Venture Partners, 8VC, and Wicklow Capital.

SecureSave (SV4) helps employees build up emergency savings with contributions from their employers. The platform makes it easy and affordable for companies to offer emergency savings accounts, which can help employees achieve financial wellness and avoid financial stress while preventing knock-on effects for employers. Spike participated in an $11 million seed round alongside Truist Ventures, Stearns Financial Services Inc., and FTX.

Swing Therapeutics (SV5) provides digital solutions for chronic diseases with an evidence-backed, software-based approach. The company is initially focused on developing therapies for fibromyalgia, a widespread musculoskeletal disorder. Spike invested in a $10.3 million Series A led by JAZZ Venture Partners, with participation from AME Cloud Ventures, Asahi Kasei Corporate Ventures, Gaingels, Kicker Ventures, Mana Ventures, and Metrodora Ventures.

FOR CURRENT INVESTORS

Thinking of becoming an investor? Access Materials »

Updates From Your Managing Partner

We invite existing investors to visit your Club portal for updates from Managing Partner Todd McIntyre (MBA ’94) and our team, including webinars and events, Syndications, portfolio news, and other exclusive content. Visit Club Portal »

Campus and Community Update

Stanford held its 131st Commencement Ceremony on June 12, 2022. This year’s Commencement weekend also featured a ceremony to recognize the Class of 2020, whose in-person Commencement ceremony was delayed due to pandemic-related restrictions. Read More »

What’s New at Alumni Ventures

Our Thoughts on the Venture Market

Like many of our peers, we believe we’re entering into a new part of the venture cycle. We’ve already seen a dramatic reset of public market valuations — with impacts also affecting the private markets. Read More »

AV Talent Referrals

Interested in joining a cutting-edge startup or know someone who might be? Our portfolio companies are growing and always looking for high-caliber talent. Check out their open positions on our job board. If you find a match, fill out this short form, and we will try to make a personal referral. Visit Job Board »

Want to learn more?
View all our available funds and secure data rooms, or schedule an intro call.

New to AV?
Sign up and access exclusive venture content.

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.