Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.
Managing Partner, Castor Ventures and Strawberry Creek Ventures
Brittney Wade
Senior Associate, Seed Fund and Doctors Innovate Fund
Drew Wandzilak
Senior Associate, Green D and Yard and Strategic Tech Fund
Sarah Worden
Venture Scout
Ray Wu
Managing Partner-Web3 / Blockchain Fund
Michael Yuann
Director of Investment Operations
Ron Levin
Managing Partner, AV Seed Fund and Doctors Innovate Fund
Past deals in Supply Chain Management
BlueX Trade
Venture Round in 2023
BlueX Trade, Inc. operates an online freight marketplace that connects carriers, trade service providers, and shippers. The company's digital platform allows carriers to monetize their networks while enabling trade service providers to expand their customer reach. It offers enterprise shippers access to top-tier services and competitive rates. Additionally, BlueX provides a Rate Management System (RMS) that automatically updates shippers' spot and contract rates through direct digital connections with ocean carriers. Founded in 2018 and headquartered in Diamond Bar, California, with an office in Taiwan, BlueX also functions as a trade finance platform that enhances cash flow for small and medium-sized enterprises involved in the global supply chain. By leveraging artificial intelligence, BlueX automates the trade finance process, facilitating streamlined access to capital for buyers and sellers.
Crstl
Seed Round in 2023
Crstl is a real-time intelligence platform designed to support small and medium-sized businesses (SMBs) in enhancing their operations and growth. The company offers a software as a service (SaaS) application that automates workflows without requiring coding skills, facilitating design, software engineering, and advanced analytics. Crstl's platform connects merchants with a broad network of retailers, distributors, and enterprise resource planning systems, thereby streamlining business processes and eliminating bottlenecks in electronic data interchange. By providing automation, centralization, and collaboration capabilities, Crstl empowers businesses to operate more efficiently and effectively.
Bundle
Pre Seed Round in 2023
Bundle is a procurement platform specifically designed for the construction industry, facilitating connections between builders and suppliers. By utilizing technology, Bundle streamlines the procurement process, helping stakeholders save both time and money. The platform supports clients in navigating the traditional bidding process as well as the intricate distribution networks that characterize construction procurement today. Through its innovative approach, Bundle aims to enhance efficiency and effectiveness in construction supply chain management.
Cortina
Seed Round in 2023
Cortina operates a marketplace platform that enables online retailers, brands, and marketplaces to expand their product offerings without assuming inventory risk. The platform allows brands to sell products from various suppliers directly on their websites, enhancing their customer experience by providing complementary items. For marketplaces, Cortina improves operational efficiency while minimizing inventory-related risks. Its technology facilitates seamless connections to numerous brand suppliers, integrating real-time inventory, pricing, product descriptions, and images into the partners’ online storefronts. The company is technology-agnostic, supporting a variety of e-commerce and back-end systems. With a team experienced in retail and e-commerce from notable companies, Cortina offers guidance on marketplace best practices, vendor agreements, onboarding processes, and other essential activities to ensure successful implementations for its clients.
Solvo.ai
Seed Round in 2022
Solvo.ai is a developer of an artificial intelligence-based platform focused on enhancing the resilience, efficiency, and responsiveness of global supply chains. By integrating human expertise with practical AI, the company aims to create a centralized decision-making framework that allows organizations to navigate complex supply chain challenges. Its optimization engine is designed to run various scenarios, assess trade-offs, and improve transparency, enabling businesses to adapt swiftly to market changes, disruptions, and evolving customer behaviors. This approach not only helps in managing risks but also supports businesses in achieving better operational yields. Solvo.ai’s mission centers on addressing real-world supply chain issues through innovative and value-driven machine learning technology.
Tienda Pago
Series B in 2022
Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.
Gearflow
Series A in 2022
Gearflow is a company focused on streamlining the parts ordering process for heavy equipment fleets. It offers a platform that simplifies access to parts suppliers, enhances communication, and provides robust reporting capabilities. Designed for small to midsize construction contractors, the platform serves as an outsourced parts and tool manager, allowing equipment and parts sellers to list their inventories nationally and create unique storefronts. Users can manage all aspects of the sales process through a single dashboard, which facilitates nationwide sales, package tracking, and overall process management, thereby improving efficiency and accessibility in the construction industry.
Certa
Series A in 2022
Certa is an operational management platform that specializes in third-party lifecycle management. The company offers a fully integrated suite of products designed to optimize workflows related to third-party interactions. Its automated software-as-a-service (SaaS) platform facilitates various business-to-business processes, including onboarding, due diligence, risk mitigation, and ongoing monitoring of third-party relationships. By providing tools for supplier lifecycle management, Certa enables businesses to effectively manage risks, ensure compliance, and streamline operations with their external partners on a global scale.
SourceDay
Series C in 2022
SourceDay LLC is a software company that specializes in developing a Software-as-a-Service platform focused on automating purchase order management. Founded in 2013 and headquartered in Austin, Texas, SourceDay offers a centralized solution that streamlines buyer and supplier relationships, reducing errors and communication delays. Its platform provides features such as real-time supplier performance metrics, automated PO processing, and integration with existing ERP systems. SourceDay's tools include collaboration on purchase orders, requests for quotes, accounts payable, and quality control, making it particularly beneficial for manufacturing and distribution companies. The solution replaces traditional communication methods like emails and spreadsheets with a more efficient cloud-based system, helping businesses manage exceptions and enhance their supply chain operations.
SupplyHound
Seed Round in 2022
SupplyHound is a marketplace designed to streamline the delivery of construction materials, catering to the needs of contractors and vendors alike. Established in 2018 and headquartered in San Francisco, California, the platform enables contractors to maintain skilled labor on job sites, thereby enhancing productivity and profitability. For vendors, SupplyHound offers a means to lower their sales costs and elevate customer satisfaction. By managing the flow of material orders and facilitating on-demand delivery, SupplyHound improves the efficiency of both construction and supplier operations, making it easier for all parties involved to access essential building supplies.
Crstl
Seed Round in 2022
Crstl is a real-time intelligence platform designed to support small and medium-sized businesses (SMBs) in enhancing their operations and growth. The company offers a software as a service (SaaS) application that automates workflows without requiring coding skills, facilitating design, software engineering, and advanced analytics. Crstl's platform connects merchants with a broad network of retailers, distributors, and enterprise resource planning systems, thereby streamlining business processes and eliminating bottlenecks in electronic data interchange. By providing automation, centralization, and collaboration capabilities, Crstl empowers businesses to operate more efficiently and effectively.
newtrul
Seed Round in 2021
Newtrul is a shipment aggregation platform founded in 2018 and based in Chicago, Illinois. The company connects shippers, brokers, and freight carriers through a centralized portal aimed at simplifying the process of truckload freight matching. By digitizing and aggregating shipment information into a spot marketplace, Newtrul enables trucking companies to easily search for and digitally book their next loads, enhancing efficiency in the freight industry.
ThreatWarrior
Series A in 2021
ThreatWarrior specializes in Network and Digital Supply Chain Protection, focusing on the prevention of both known and unknown cyber threats. Its agentless, deep learning platform conducts real-time analysis of network traffic to identify security vulnerabilities and eliminate blind spots across on-premises, public cloud, and hybrid environments. By integrating unsupervised neural networks, continuous deep packet inspection, behavior monitoring, and automated response, ThreatWarrior offers a comprehensive solution for organizations to monitor their networks and supply chains effectively. This technology empowers businesses to understand the behavior of all communications within their enterprise, enabling them to respond efficiently to threats that may be overlooked by other solutions.
Flexe
Series C in 2021
Flexe, Inc. operates a cloud-based marketplace that connects organizations seeking additional warehousing and fulfillment services with those that have surplus capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics solutions, including eCommerce fulfillment, retail distribution, and same-day delivery. Flexe's platform addresses the challenges of inventory overflow and fulfillment needs by creating an open logistics network, allowing clients such as retailers, wholesalers, manufacturers, and logistics companies to optimize their distribution capabilities. By integrating technology and flexible economic models, Flexe enables its customers to enhance their operational efficiency and respond swiftly to market demands.
FreightFlows
Venture Round in 2020
FreightFlows, Inc. is a maritime market intelligence company based in Boston, Massachusetts, founded in 2018. It specializes in providing predictive analytics for global trade, focusing on the needs of traders, shippers, owners, and brokers. The company has developed a data platform that sources, synthesizes, and analyzes current market data, enabling users to explore trends in market, port, and fleet activities. This platform allows clients to identify vessel availability, routes, and estimated time of arrival, while also gaining visibility into commodity cargoes and trade activities. Additionally, FreightFlows offers market analysis services to help clients navigate futures markets, manage commercial risks, and hedge against freight rate volatility.
Isometric Technologies
Seed Round in 2020
Isometric Technologies is a performance management solution for the supply chain industry.
BlueX Trade
Venture Round in 2020
BlueX Trade, Inc. operates an online freight marketplace that connects carriers, trade service providers, and shippers. The company's digital platform allows carriers to monetize their networks while enabling trade service providers to expand their customer reach. It offers enterprise shippers access to top-tier services and competitive rates. Additionally, BlueX provides a Rate Management System (RMS) that automatically updates shippers' spot and contract rates through direct digital connections with ocean carriers. Founded in 2018 and headquartered in Diamond Bar, California, with an office in Taiwan, BlueX also functions as a trade finance platform that enhances cash flow for small and medium-sized enterprises involved in the global supply chain. By leveraging artificial intelligence, BlueX automates the trade finance process, facilitating streamlined access to capital for buyers and sellers.
Forager
Series A in 2020
Forager is a venture-backed innovator in the cross-border logistics industry. With a combination of cutting-edge technology and decades of industry experience, the company tackles the problems cross-border shippers are facing with technology-focused solutions and years of logistics experience. It also delivers seamless and modern transportation solutions for its customers. The company also features an easy-to-use web-based transportation management platform to bring a higher level of service to the industry. Forager was founded in 2018 and is headquartered in Chicago, Illinois.
Fast Radius
Venture Round in 2019
Fast Radius, Inc. is a cloud manufacturing and digital supply chain company based in Chicago, Illinois. Established in 2014, it specializes in additive manufacturing solutions that encompass application discovery, product design, testing, production-grade manufacturing, and global fulfillment. Fast Radius offers a range of manufacturing services, including additive thermoplastic, elastomeric, and metal production, as well as CNC machining, injection and cast urethane molding, and reverse engineering. The company's innovative Cloud Manufacturing Platform integrates design, production, and fulfillment operations within a unified digital infrastructure, enhancing the accessibility and sustainability of manufacturing processes. Fast Radius also operates micro-factories in Chicago and at the UPS Worldport facility in Louisville, Kentucky, with additional offices in Atlanta and Singapore.
Scantrust
Venture Round in 2017
ScanTrust SA is a Swiss company that specializes in a cloud-based IoT platform aimed at enhancing product and packaging security through unique identifiers. Founded in 2014 and with operations in cities such as Shanghai, Singapore, and Bangkok, ScanTrust provides a suite of tools including a printer portal for packaging partners to integrate secure codes into their processes, and Scan-data, an online portal for real-time business intelligence and supply chain insights. Additionally, the platform enables product authentication and supply chain traceability using QR codes, which can be verified through mobile applications. By protecting brands and facilitating consumer engagement, ScanTrust helps companies navigate the complexities of selling physical products in a connected market.
Logistyx Technologies
Venture Round in 2017
Logistyx Technologies provides a cloud-based transportation management system that helps businesses optimize shipping costs, reportedly reducing them by up to 40 percent. The company's platform utilizes advanced parcel analytics to determine the best combination of carriers in real-time, allowing customers to make informed decisions based on cost, speed, and service. By integrating cloud capabilities with onsite tools, Logistyx supports a wide range of clients, from large warehouse operations to small businesses using manual fulfillment processes. This combination of technology and analytics ensures efficient shipping logistics tailored to the unique needs of each client.
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