Exits

Welcome to “What’s New @ AV,” where we cover important updates from Alumni Ventures and our portfolio. This month, we share some of our notable exits, uprounds, and investments, including Knix, Robyn, Cultured Decadence, and more.*

AV’s investment strategy is to co-invest alongside established lead VC firms. At exit, we seek to monetize our position expeditiously. At times, there might be exceptions, which are addressed below.

Alumni Ventures is one of the most active VC firms in the United States (PitchBook 2020 Global League Tables).

Green D Ventures (AVG’s fund for Dartmouth alumni and friends) made a 2016 investment in Hyprsense, which develops facial motion-capture tech for digital avatars.

Where do you find a billion-dollar idea? For Freshly founder and CEO Michael Wystratch, it was in the kitchen of his family’s steakhouse in Sonita, Arizona.

Quality of customer service is implicitly connected with motivation and engagement of a company’s frontline employees (employees who deal directly with customers). Many companies rely on low-paid customer service employees to be the faces of their brands. Given the rampant low morale of many of these employees, companies are at risk.

Hilary Ncala, VP of Investor Engagement at Alumni Ventures Group, outlines what investors can expect in the closing process.

Alumni Ventures Group portfolio company Accolade was founded to dramatically improve the experience, outcomes, and cost of healthcare for employers, health plans, and their members.

Originally founded in 2010 as Social Bicycles, JUMP Bikes has been a leading innovator in the bike-share market. Their business model reimagines the future of city transportation.