Cercano Management

Cercano Management is a private investment firm based in Bellevue, Washington, established in 2022. The firm focuses on investments across various stages of corporate development and targets multiple sectors, including healthcare, software, media, data intelligence, mobile networks, semiconductors, alternative energy, infrastructure, energy and natural resources, education, consumer services, financial services, and telecommunications. The executive management team oversees the firm's operations and investment strategies, aiming to drive growth and value in its portfolio companies.

Elizabeth Bernstein

Partner and Portfolio Manager

Lauren Glatter

Executive, Venture Capital

Steve Hall

Venture Partner

Minjie (MJ) Yu

Managing Director

Stuart Nagae

Venture Capital

47 past transactions

HELI Corp.

Series A in 2025
HELI Corp. provides comprehensive health care services.

Aizen Therapeutic

Seed Round in 2024
Aizen is an AI-driven biotechnology company that is pioneering the development of Mirror Peptides, a novel class of biologic medicines.

Picnic

Venture Round in 2024
Picnic is a Seattle-based company established in 2016 that specializes in food production technology and robotics solutions. Formerly known as Vivid Robotics Inc., Picnic has developed an application that streamlines automated interactions and ordering for food companies. The company has assembled a team of industry veterans from both the food and technology sectors to create innovative solutions tailored for the food service and hospitality industries. One of its flagship products, the Picnic Pizza Production System, is the first automated pizza-making system designed for both new kitchen installations and retrofits, capable of producing hundreds of custom pizzas per hour using chef-selected ingredients and recipes.

Fit Hub Indonesia

Series A in 2024
Fit Hub Indonesia is a health & wellness startup in Indonesia.

GoodShip

Series A in 2024
GoodShip offers a cloud-based platform for collaboration that automates labor-intensive procurement processes. The software provided by the company provides real-time analytics on the performance of every lane and carrier, providing shippers with AI-powered insights, automated reports, and scorecards to aid in supply chain agility.

Prep

Series A in 2024
Prep is a platform that provides interactive learning for standardized assessments.

Qapita

Series B in 2024
Qapita is a software-as-a-service platform specializing in equity and transaction management. It offers a comprehensive equity management system that facilitates capitalization table management, employee stock ownership plan (ESOP) management, and digital ESOP issuance. This platform enables equity stakeholders to efficiently manage their holdings in a digital format, serving clients primarily across South and Southeast Asia. By streamlining these processes, Qapita aims to enhance the efficiency and transparency of equity management for businesses in the region.

NLX

Series A in 2024
NLX is a company that offers an end-to-end enterprise AI platform designed to enhance customer experiences for large brands. Its no-code, multimodal conversation platform allows organizations to create, monitor, and analyze automated conversations, leveraging machine learning and artificial intelligence. This technology enables personalized customer interactions through automated chat, voice, and multimodal conversations, facilitating effective self-service experiences. NLX's platform is highly scalable, integrated, and accessible anytime and anywhere, empowering brands to manage conversational deployments across their entire enterprise effectively.

Rhythms

Seed Round in 2023
Rhythms offers generative AI, the prevalence of hybrid workplaces, the imperative to do more with less are reshaping organizations function.

Kozystay

Seed Round in 2023
Kozystay is a hospitality technology start-up with a mission to redefine the hospitality industry, starting from Indonesia. We provide high quality spaces for the next generation guests, offering the best of homes and hotels, suitable for short term, extended, and long term stay. We capitalize technology to streamline operational processes to deliver seamless experience and value-for-money to our guests.

Curve

Series C in 2023
Curve is a digital wallet that consolidates multiple payment cards and accounts into a single, user-friendly platform, enhancing the way individuals manage their finances. Established in London in 2015, Curve allows users to store their cards digitally while providing features that actively save money during transactions. Its technology eliminates hidden foreign transaction fees, enables card switching even after a purchase, and allows users to earn rewards in addition to their existing card benefits. With authorization from financial regulators in the UK, EEA, and US, Curve has gained over 6 million customers worldwide and processes significant annual payment volumes. By merging traditional and digital banking functionalities, Curve positions itself as a leader in financial innovation, offering unique advantages that distinguish it from conventional digital wallets.

AdaptX

Series B in 2023
AdaptX is a healthcare data analytics and AI company that specializes in enhancing clinical and workflow outcomes for hospitals and surgery centers. Founded in Seattle in 2016 as a spin-off from Seattle Children's Hospital, AdaptX provides a platform that enables medical leaders and clinicians to access and analyze clinical data effectively. The platform integrates algorithms with existing electronic data systems, allowing healthcare providers to monitor performance, compare treatment approaches, and define patient cohorts. Through automated analytics, AdaptX helps healthcare service providers improve the quality and safety of care while also reducing costs.

Plerion

Seed Round in 2023
Plerion is a cybersecurity company that offers a comprehensive cloud security platform designed to enhance security oversight for cloud workloads and operating environments. The platform employs advanced entity behavior analytics and a federated AI detection engine to identify and prioritize critical security risks, allowing organizations to focus their resources on the most significant threats. By providing continuous monitoring of security and compliance, Plerion enables clients to confidently develop and deploy applications across their cloud environments, ensuring robust protection and proactive threat prevention.

SuperFocus

Seed Round in 2023
SuperFocus develops LLM AIs utilizing private data for hallucination prevention in memory modules. The company develops AIs that use the Large Language Model (LLM) for language capability without training data. They connected the LLM to a memory module based on user-defined ground truth information, achieving 100% accuracy in answering college textbook questions.

BandLab

Series B in 2023
BandLab is a free, all-in-one (iOS, Android and web), cloud-based social platform that simplifies the process of making music. Its global community of musicians and fans work to create and collaborate on music, which can be shared across the global community. BandLab is part of BandLab Technologies, a connected ecosystem of brands covering musical instruments and accessories, web/mobile/social applications and commerce. The company's collective expertise in software and hardware development—combined with an ability to connect directly with consumers through both digital and physical touchpoints—puts it in a unique position to shape the future of music.

Groopit

Seed Round in 2023
Groopit is a collaboration platform that streamlines the process of crowdsourcing and utilizing employee data to address complex business challenges. Its enterprise SaaS solution integrates seamlessly with various tools, including Slack, Microsoft Teams, Salesforce, Tableau, PowerBI, and SharePoint. The platform enables employees to easily report data using their mobile devices, facilitating multi-group implementation and integrating with existing enterprise systems through APIs. This approach allows organizational leaders to unify their workforce, enhancing direction, data accessibility, and visibility in real-time, ultimately accelerating results across the organization.

Wellthy

Venture Round in 2023
Wellthy, Inc. is a concierge service based in New York that assists individuals and families in managing care for chronically ill, aging, or disabled loved ones. Established in 2014, the company connects families with dedicated Care Coordinators who help navigate complex care situations, including aging-related issues such as dementia, diabetes, and cancer, as well as childcare and special needs. Wellthy's platform enables families to efficiently organize appointments, manage tasks, store essential documents, and maintain communication, alleviating the logistical burdens associated with caregiving. The service aims to provide relief to families by coordinating care and addressing related medical, legal, financial, and housing needs.

GoodShip

Seed Round in 2023
GoodShip offers a cloud-based platform for collaboration that automates labor-intensive procurement processes. The software provided by the company provides real-time analytics on the performance of every lane and carrier, providing shippers with AI-powered insights, automated reports, and scorecards to aid in supply chain agility.

Sprout Solutions

Series B in 2023
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

Prep

Seed Round in 2023
Prep is a platform that provides interactive learning for standardized assessments.

Candidly

Series B in 2023
Candidly is an AI-driven student debt and savings optimization platform. It offers individuals and families through every step of the planning, borrowing, and repayment experience.

Spine BioPharma

Convertible Note in 2023
Spine BioPharma is focused on developing non-surgical therapies aimed at alleviating back pain and restoring functionality without relying on opioids. The company’s lead therapeutic candidate targets degenerative disc disease, offering potential benefits such as pain relief, functional restoration, and the slowing or prevention of disease progression. With a mission to enhance the quality of life for individuals suffering from degenerative spine conditions, Spine BioPharma seeks to deliver clinically proven, safe, and effective treatments that address pain and inflammation. Through its innovative pipeline, the company aims to improve the everyday lives of millions affected by these debilitating conditions.

Rebellyous Foods

Series B in 2023
Rebellyous Foods is a Seattle-based company founded in 2017 that specializes in producing plant-based meat alternatives, including chicken nuggets, patties, and strips. The company aims to make meat alternatives more accessible and affordable by implementing innovative food manufacturing technologies and processes designed for large-scale production. By utilizing high-throughput automation and energy-efficient manufacturing tools, Rebellyous Foods seeks to achieve price parity with traditional animal-based meats. Its products are primarily targeted at the food service market, including schools, hospitals, corporate cafeterias, and restaurants, providing customers with protein-rich options that can replace animal-based meat on a broad scale.

Ferrum Health

Seed Round in 2023
Ferrum Health, Inc. is a health technology company based in Santa Clara, California, that develops an artificial intelligence platform aimed at preventing medical errors and improving patient outcomes. The platform analyzes patient data across health systems to identify gaps in care and deploys multiple computer vision algorithms to evaluate radiologic images for commonly overlooked pathologies, such as lung nodules and fractures. Additionally, a proprietary natural language processing algorithm correlates these findings with physician notes, enabling hospital quality officers to address potentially missed diagnoses. Founded in 2017, Ferrum Health focuses on ensuring quality assurance in critical healthcare decisions, thereby enhancing the overall patient care experience through the integration of AI-driven tools.

Mila Cares

Series A in 2022
Our goal is simple: to make the absolute best air purifier on the market. That means top-notch performance, design and technology, all at a price every family can afford. Mila was built by three dads who wanted clean air for their kids but saw major flaws in the air purifiers that dominated the market. So they did what nobody else thought to do — fix the problems. Mila is the largest air purifier launch in Kickstarter history, raising over $1.7M. Electrolux invested in the company in 2019.

Quqo

Seed Round in 2022
Quqo is a digital distribution platform based in Bogotá, Colombia, focused on the fast-moving consumer goods sector. Established in 2019, it connects suppliers, manufacturers, and local retailers through an online marketplace that streamlines the procurement process. The platform offers various features, including sales force automation, distribution management, and business intelligence tools, along with payment options such as e-wallet and buy-now-pay-later financing. By optimizing the supply chain for both small and large retailers, Quqo aims to enhance profitability for all participants at every stage of the business.

Prophia

Series A in 2022
Prophia is a data management and insights platform specifically designed for the commercial real estate industry. The company focuses on automating lease abstraction and managing complex lease documents through advanced AI technology. By extracting key clauses and financial terms, Prophia's platform helps users optimize rental agreements, uncover hidden opportunities, and enhance portfolio management. This innovative approach enables commercial real estate owners and forward-thinking innovators to leverage data effectively, ultimately driving better asset performance and informed decision-making. Prophia aims to transform how the industry aggregates and utilizes unstructured building data, fostering improved efficiency and profitability.

GoodShip

Pre Seed Round in 2022
GoodShip offers a cloud-based platform for collaboration that automates labor-intensive procurement processes. The software provided by the company provides real-time analytics on the performance of every lane and carrier, providing shippers with AI-powered insights, automated reports, and scorecards to aid in supply chain agility.

Flavrs

Seed Round in 2022
Flavrs is a San Francisco-based shoppable video platform that merges premium food content with commerce, catering to food enthusiasts. Founded in 2020, the platform offers a variety of recipes, ranging from seafood to Thai cuisine, and features video tutorials created in collaboration with renowned chefs and food creators. Users can engage with these tutorials to learn how to reproduce the showcased meals at home. Flavrs enhances the cooking experience by providing a seamless shopping component, allowing users to purchase the necessary ingredients directly through a custom integration with Instacart. This innovative approach enables foodies to discover, replicate, and enjoy a diverse array of culinary creations.

Monod Bio

Seed Round in 2022
Monod Bio is a life sciences company based in Seattle, Washington, focused on developing innovative biosensors for detecting proteins, toxins, antibodies, and other analytes. Founded in 2021, the company has created a biosensor platform that integrates binding, transduction, and amplification processes in a single step, allowing for the rapid and sensitive detection of a diverse array of target molecules. By leveraging recent advancements in computational protein engineering, Monod Bio has designed highly modular bio-sensing nanoswitches that facilitate cost-effective analytical assays. This technology aims to enhance the capabilities of the healthcare industry in biotechnology and medicine.

Yoodli

Seed Round in 2022
Yoodli is an AI-powered platform designed to enhance communication skills through real-time feedback. By allowing users to practice their public speaking in a supportive environment, Yoodli records video presentations and analyzes them to identify areas for improvement. The platform offers insights on clarity of speech, word choice, eye contact, and gestures, enabling individuals and organizations to refine their communication abilities effectively. This approach eliminates the stress of performing in front of an audience, fostering a more comfortable learning experience.

Ozette

Series A in 2022
Ozette Technologies focuses on digitizing biological data through machine learning to provide comprehensive insights into the human immune system. By leveraging a single-cell immune monitoring platform, the company enhances the discovery and annotation of immune cells, facilitating a deeper understanding of immune responses in both health and disease. Its AI-driven computational analysis technology supports scientists and healthcare providers in developing novel therapies and diagnostics, ultimately aiming to improve patient outcomes. Through its innovative approach, Ozette accelerates the advancement of therapeutic solutions by streamlining the analysis of immune data.

CivicEye

Series A in 2022
CivicEye is a software company based in Charlotte, NC, that specializes in developing solutions for prosecutors and law enforcement agencies. Its cloud-based platform enhances the management of cases, records, and digital evidence throughout the criminal justice system. By integrating various workstreams, CivicEye simplifies functions such as risk management, content management, and digital evidence management. The comprehensive system also incorporates features for computer-aided dispatch, calls for service, jail management, civil processing, arrests, citations, mapping, fleet management, and reporting. Serving over 150 agencies nationwide, CivicEye aims to streamline operations and improve collaboration among stakeholders within the criminal justice ecosystem.

Revvo Technologies

Seed Round in 2022
Revvo is an IT company based in San Mateo, California, specializing in a sensor-enabled AI software platform that monitors vehicle tires. Founded in 2018, Revvo aims to enhance the safety and efficiency of vehicles by providing real-time data on tire health. The company develops smart sensors that are embedded within tires, capturing critical performance data and sending it to the cloud via a mobile application. This technology allows drivers and fleet managers to gain insights into tire conditions, enabling proactive maintenance and improving overall vehicle uptime. Additionally, Revvo's data-centric approach supports tire manufacturers, retailers, and distributors by offering valuable insights for product development and enhancements.

Spine BioPharma

Series B in 2022
Spine BioPharma is focused on developing non-surgical therapies aimed at alleviating back pain and restoring functionality without relying on opioids. The company’s lead therapeutic candidate targets degenerative disc disease, offering potential benefits such as pain relief, functional restoration, and the slowing or prevention of disease progression. With a mission to enhance the quality of life for individuals suffering from degenerative spine conditions, Spine BioPharma seeks to deliver clinically proven, safe, and effective treatments that address pain and inflammation. Through its innovative pipeline, the company aims to improve the everyday lives of millions affected by these debilitating conditions.

Kevala

Series A in 2022
Kevala, Inc. is a Seattle-based company that operates a platform designed to help healthcare organizations efficiently manage their workforce according to shift requirements. Established in 2020, Kevala connects healthcare operators with preferred staffing agencies and internal float staff, facilitating automated scheduling, timesheet management, and credential oversight. The platform aims to streamline the hiring process for healthcare professionals and ensure that organizations can promptly fill their staffing needs.

Videon Labs

Venture Round in 2022
Videons video compute platform enables scalable, operational, affordable on-premise, in the studio, in-stadium live video solutions.

Pendulum Intelligence

Seed Round in 2022
Pendulum Intelligence is an AI and machine learning-driven platform that assists companies and government organizations in identifying and understanding harmful narratives on social media and other online content. The platform offers a range of services, including a narrative engine, community engine, intelligence explorer, and monitoring system. These tools enable clients to effectively manage their online presence while mitigating cyber threats and risks associated with social media. By leveraging advanced analytics, Pendulum provides insights that help organizations navigate the complexities of digital communication and protect their reputations.
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