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

Past deals in Washington

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.

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.

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.

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.

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.
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