Initialized Capital

Workforce management platform that unifies HR, IT, and finance into a single system built on a unified employee graph.

Flock Safety builds an integrated public safety platform combining AI-powered license plate readers, gunshot detection, video surveillance cameras, and Drone As First Responder technology. The company's technology is deployed in over 5,000 communities and 4,800 law enforcement agencies across the U.S., helping solve hundreds of crimes per day.

Cryptocurrency exchange and blockchain platform

Heap is a digital insights platform that automatically captures every user interaction on websites and mobile apps, including clicks, taps, swipes, form submissions, and page views, without requiring manual tracking code. Unlike traditional analytics tools that require engineers to instrument events upfront, Heap retroactively analyzes user behavior from day one. The platform served over 10,000 companies including Twilio, Zendesk, and Liberty Mutual. Acquired by Contentsquare in December 2023.

Workplace management platform that helps companies welcome visitors, manage employee attendance, book desks and conference rooms, and handle deliveries. Originally an iPad-based visitor sign-in system, the company evolved into a full workplace platform serving over 16,000 locations globally.

All-in-one customer communication and payments platform for small and medium-sized healthcare businesses, serving dental, optometry, veterinary, and medical practices.

Parsable was a connected worker platform that replaced paper-based procedures with mobile, interactive digital work instructions for industrial and manufacturing environments. The platform enabled frontline workers in sectors like food and beverage, oil and gas, and chemicals to collaborate in real time, improving productivity, quality, and safety across plant floor operations. Originally founded as Wearable Intelligence in 2013, the company was acquired by CAI Software in September 2024.

Fly.io is a developer-focused public cloud platform that runs full-stack applications and databases close to end users using Firecracker micro-VMs. The platform distributes containerized apps to servers across 30+ regions worldwide, providing low-latency performance without the complexity of traditional multi-region deployments.

Clipboard Health is a healthcare staffing marketplace that connects independent healthcare professionals, including nurses, CNAs, medical assistants, and other allied health workers, with open shifts at healthcare facilities. The platform enables healthcare workers to choose when and where they work, while helping facilities fill critical staffing gaps. Part of Y Combinator's W17 batch, the company has grown to serve thousands of facilities across 30+ U.S. cities, reached $100M in annual revenue within three years, and has been profitable since 2022.

Sendwave is a mobile remittance app enabling instant, low-cost money transfers from the US, UK, Canada, and Europe to countries across East and West Africa and Asia. The company pioneered direct-to-mobile money transfers, allowing users to send money from their smartphone with minimal fees. Founded by Drew Durbin and Lincoln Quirk after meeting as freshman hallmates at Brown University, the company participated in Y Combinator's W12 batch. By 2020, Sendwave was facilitating billions of dollars in annual transfers. Acquired by WorldRemit (now Zepz) in February 2021 for approximately $500 million.