New Enterprise Associates, Inc. is a private equity and venture capital firm founded in 1977 and headquartered in Menlo Park, California, with additional offices in India and China. The firm specializes in investing across various stages of business development, from seed funding to public offerings, with a strong emphasis on the technology and healthcare sectors. Its investment strategy encompasses a wide range of industries, including information technology, consumer internet, financial technology, software, healthcare services, life sciences, biopharmaceuticals, and energy technology. New Enterprise Associates actively engages with entrepreneurs to support the growth of their companies, making investments between $0.05 million and $20 million. The firm has a global investment focus, particularly in regions such as Asia, Brazil, and the United States.
Courtyard is a platform that facilitates the liquidity of collectible assets by tokenizing them into non-fungible tokens (NFTs) backed by physical items. This service allows for the secure and instant transfer of ownership of physical collectibles globally, without the need for the actual items to be physically moved. The company provides secure storage for these collectibles in vaults, creates three-dimensional representations of the assets, and mints them as NFTs on the blockchain. By streamlining the authentication process at each transaction, Courtyard enhances the collectibles market, enabling collectors to showcase their collections in the metaverse and promoting a new, frictionless method of trading and storing physical goods.
Augment Markets
Seed Round in 2024
Augment is a pre-IPO marketplace that enables investors to buy and sell shares in private companies for as little as $10k. Investors can trade shares within its Collective product without the hassle of traditional secondaries markets. It offers securities through Augment Capital, LLC, a registered broker-dealer and Alternative Trading System with FINRA and the SEC.
Faircado
Pre Seed Round in 2024
Faircado operates a sustainable shopping platform designed to enhance the circularity of produced goods by promoting second-hand purchases. The platform employs a smart algorithm that aggregates offers from major pre-owned marketplaces, allowing users to compare prices and sustainability scores of second-hand items across various categories, including electronics and books. This centralized approach enables consumers to make informed decisions while shopping, ultimately saving time, money, and resources. Faircado's commitment to reducing waste aligns with its mission to foster a more sustainable shopping experience.
Gravel
Venture Round in 2023
Developer of a construction workforce platform intended to optimize the workforce. The company's technology makes it simple to find qualified and trustworthy construction workers by democratizing access to blue-collar workforces without boundaries, it also provides residential repair & maintenance services and building materials online, enabling clients to solve quality labor shortages and deal with construction-related problems.
Djust
Series A in 2023
DJUST is a provider of a cloud-based B2B platform that facilitates the rapid launch of e-commerce and e-procurement solutions for businesses. The company combines digital showrooms, an e-commerce marketplace, and customer relationship management (CRM) tools into a single integrated product. This streamlined approach allows clients to easily set up and expand their online operations, enhancing their ability to engage in digital commerce effectively. By offering a comprehensive solution, DJUST aims to simplify the process for businesses looking to establish or upgrade their online presence.
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.
Courtyard.io
Seed Round in 2022
Courtyard is a platform that facilitates the liquidity of collectible assets by tokenizing them into non-fungible tokens (NFTs) backed by physical items. This service allows for the secure and instant transfer of ownership of physical collectibles globally, without the need for the actual items to be physically moved. The company provides secure storage for these collectibles in vaults, creates three-dimensional representations of the assets, and mints them as NFTs on the blockchain. By streamlining the authentication process at each transaction, Courtyard enhances the collectibles market, enabling collectors to showcase their collections in the metaverse and promoting a new, frictionless method of trading and storing physical goods.
Elion
Seed Round in 2022
Elion operates a digital health software marketplace that connects healthcare builders with a variety of software and service vendors through its online platform. The company provides comprehensive vendor listings, detailed product evaluations, and educational resources, allowing healthcare providers to research, compare, and select technology solutions tailored to improve their operations and enhance patient care. By facilitating informed technology decisions, Elion aims to support both startups and established organizations in delivering better healthcare outcomes.
Proof of Learn
Seed Round in 2022
Proof of Learn is a talent marketplace focused on educating and placing the next generation of developers. Founded in 2021 and based in Boston, the company operates Metacrafters.io, a multichain learn-to-earn platform that teaches users how to write smart contracts and build on-chain applications. The platform aims to provide equal access to education and job opportunities in the emerging Web3 space, utilizing blockchain technology to create a decentralized model for learning. By empowering learners to gain skills, earn rewards, and secure employment, Proof of Learn addresses the growing demand for qualified talent in the digital economy.
GoodLeap
Secondary Market in 2021
GoodLeap is a marketplace focused on sustainable home solutions, providing advanced point-of-sale technology to professionals who assist individuals in upgrading their homes while saving money. The platform offers flexible financing options for a variety of sustainable products, including solar panels, battery storage, smart home devices, and energy-efficient systems. Committed to environmental sustainability, GoodLeap aims to foster strong relationships with partners and customers, utilizing innovative technology to promote the adoption of eco-friendly lifestyles. The platform also features consumer-friendly financing solutions, including solar loans and home improvement loans, designed to enhance user experience with instant approvals and integrated tools, enabling customers to achieve their home improvement goals efficiently.
Maisonette
Series B in 2020
Maisonette Inc. is an online marketplace that specializes in baby and children's products, offering a curated selection of fashion, accessories, toys, furniture, and home decor for children aged 0-12. Established in 2016 and based in Brooklyn, New York, Maisonette aggregates a diverse range of quality items from a global network of brands and boutiques. This platform serves as a one-stop shopping destination for parents, providing them with a unified portal to access style-driven products at various price points, thereby simplifying the shopping experience for children's lifestyle needs.
Opendoor Technologies
Series E in 2019
Opendoor operates a digital platform that simplifies the residential real estate market by facilitating the buying and selling of homes online. The company allows sellers to receive offers without the need to list or show their properties, thereby streamlining the selling process. Buyers can explore available homes and access them instantly through the company's application, enhancing the home-buying experience. Opendoor generates revenue primarily through home sales, alongside additional income from various real estate services, making it a comprehensive solution for those looking to navigate the real estate market efficiently.
Opendoor Technologies
Series E in 2018
Opendoor operates a digital platform that simplifies the residential real estate market by facilitating the buying and selling of homes online. The company allows sellers to receive offers without the need to list or show their properties, thereby streamlining the selling process. Buyers can explore available homes and access them instantly through the company's application, enhancing the home-buying experience. Opendoor generates revenue primarily through home sales, alongside additional income from various real estate services, making it a comprehensive solution for those looking to navigate the real estate market efficiently.
IfOnly
Series D in 2018
IfOnly operates an online marketplace that offers a curated selection of unique experiences and trips designed as gifts, allowing members to engage with various luminaries, including athletes, artists, and chefs. The platform focuses on providing access to extraordinary experiences that not only foster shared interests and lasting memories but also support worthy causes globally. By connecting members with influential figures, IfOnly creates opportunities for personal engagement while promoting philanthropic initiatives. The marketplace serves as a trusted environment for luminaries to showcase their talents and build their brands, all while contributing to impactful causes. Through its offerings, IfOnly emphasizes the value of memorable experiences over material possessions.
Raise
Series C in 2017
Raise is a digital payment platform that allows consumers to purchase discounted gift cards and earn savings on transactions across various retailers. The platform allows users to buy and sell gift cards, facilitating a marketplace where individuals can exchange unwanted gift cards for cash or other cards. Raise also offers a rewards program that enables customers to earn points on purchases, which can be redeemed for future savings. By partnering with numerous brands, Raise enhances consumer choice and accessibility to various products and services while promoting cost-effective shopping solutions.
Frontier Car Group
Series A in 2017
Frontier Car Group is a Berlin-based startup that operates used automotive marketplaces in emerging market economies, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to enhance the efficiency of buying and selling used cars through a digital marketplace that offers users an instant price quote for their vehicles and facilitates quick inspections to complete sales. By leveraging technology, creating infrastructure, and implementing innovative business models, Frontier Car Group ensures that all stakeholders benefit from the automotive trading process. Additionally, the company is involved in joint ventures with OLX in India and Poland, further expanding its reach and impact in the used car market.
Cars45
Series A in 2017
Cars45 is an online platform that simplifies the buying and selling of pre-owned vehicles in Nigeria. The process begins with vehicle owners submitting their car information for a free quote online. They can then schedule an appointment at one of the company's inspection centers, where a comprehensive evaluation of the vehicle's condition is conducted, including assessments of the engine, brakes, tires, and a road test. Following this evaluation, Cars45 makes an offer to the owner, and if accepted, guarantees a wire payment to the owner's bank account within 45 minutes. After pricing the vehicle and creating a digital service history, Cars45 provides the acquired cars to a private network of buyers, ensuring a transparent and efficient transaction process.
Maisonette
Seed Round in 2017
Maisonette Inc. is an online marketplace that specializes in baby and children's products, offering a curated selection of fashion, accessories, toys, furniture, and home decor for children aged 0-12. Established in 2016 and based in Brooklyn, New York, Maisonette aggregates a diverse range of quality items from a global network of brands and boutiques. This platform serves as a one-stop shopping destination for parents, providing them with a unified portal to access style-driven products at various price points, thereby simplifying the shopping experience for children's lifestyle needs.
Shoptalk
Venture Round in 2017
Shoptalk is a leading global conference focused on retail and ecommerce, designed to explore innovations and trends shaping the industry. It brings together a diverse array of participants, including established retailers, direct-to-consumer brands, tech startups, venture capitalists, media, and real estate developers. The event features a comprehensive agenda with renowned speakers and offers various formats such as sessions, roundtables, and networking opportunities. By facilitating connections among industry professionals, Shoptalk enables businesses and individuals to share insights and forge partnerships, ultimately supporting growth and expansion within the retail sector.
Letgo
Series C in 2017
Letgo is a mobile platform that simplifies the buying and selling of local goods, boasting over 100 million downloads and 400 million listings. Founded in 2015, the app features a diverse marketplace that includes electronics, cars, collectibles, housing, clothing, and furniture. It employs innovative technology, such as image recognition, to streamline the listing process, allowing users to take a photo of an item, with the app automatically suggesting a title, price, and category. Letgo also enables instant and private communication between buyers and sellers, facilitating a user-friendly experience for those looking to declutter or find great deals nearby. The app's design and functionality have contributed to its status as one of America's most popular platforms for local transactions.
Opendoor Technologies
Series D in 2016
Opendoor operates a digital platform that simplifies the residential real estate market by facilitating the buying and selling of homes online. The company allows sellers to receive offers without the need to list or show their properties, thereby streamlining the selling process. Buyers can explore available homes and access them instantly through the company's application, enhancing the home-buying experience. Opendoor generates revenue primarily through home sales, alongside additional income from various real estate services, making it a comprehensive solution for those looking to navigate the real estate market efficiently.
Letgo
Series B in 2016
Letgo is a mobile platform that simplifies the buying and selling of local goods, boasting over 100 million downloads and 400 million listings. Founded in 2015, the app features a diverse marketplace that includes electronics, cars, collectibles, housing, clothing, and furniture. It employs innovative technology, such as image recognition, to streamline the listing process, allowing users to take a photo of an item, with the app automatically suggesting a title, price, and category. Letgo also enables instant and private communication between buyers and sellers, facilitating a user-friendly experience for those looking to declutter or find great deals nearby. The app's design and functionality have contributed to its status as one of America's most popular platforms for local transactions.
Sundar
Seed Round in 2015
Sundar is a B2B collaborative platform (curated marketplace) that connects creative professionals with quality materials and qualified vendors globally. They are starting with apparel, a trillion dollar global industry whose supply chain is antiquated, opaque and offline. Sundar connects emerging and established designers with manufacturers, suppliers and artisans; and streamlines the discovery and sourcing process by providing sophisticated search, curation and data-driven insights to buyers and sellers 24/7. The team has won coveted industry awards from the Council of Fashion Designers of America & Conde Nast, and has been featured in the New York Times, Forbes and Women’s Wear Daily They are backed by the world’s #1 venture fund, and eminent institutional investors from the Bay Area, New York and Hong Kong. Sundar was incubated at MIT and Techstars, the world's leading technology accelerator.
Atolls
Series B in 2015
Atolls is the world’s largest shopping engagement platform, empowering millions of people to take smarter spending decisions. The company operates a network of digital shopping destinations, including coupon sites, cashback platforms, and shopping communities, that are trusted by hundreds of millions of shoppers each year. The company is active in more than 20 countries and counts over 1000 employees in its offices around the world.
Raise
Series B in 2015
Raise is a digital payment platform that allows consumers to purchase discounted gift cards and earn savings on transactions across various retailers. The platform allows users to buy and sell gift cards, facilitating a marketplace where individuals can exchange unwanted gift cards for cash or other cards. Raise also offers a rewards program that enables customers to earn points on purchases, which can be redeemed for future savings. By partnering with numerous brands, Raise enhances consumer choice and accessibility to various products and services while promoting cost-effective shopping solutions.
Wallapop
Venture Round in 2015
Wallapop is a mobile marketplace that facilitates the buying and selling of secondhand goods, primarily through its app. Utilizing geo-localized technology, it connects a vibrant community of around 15 million users, allowing them to trade items that are no longer needed. With over 180 million items exchanged on the platform, Wallapop offers access to unique products at competitive prices while promoting sustainability by extending the life of functional goods. The platform is designed to be user-friendly, enabling customers to publish advertisements from both mobile devices and computers. Founded in 2013 in Barcelona by Agustin Gomez, Miguel Vicente, and Gerard Olive, Wallapop has consistently focused on innovation within the online classifieds and second-hand market. It is supported by a range of investors, including Korelya Capital and NAVER.
Upwork
Venture Round in 2014
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide, including significant markets in the United States, India, and the Philippines. The platform features a diverse array of talent across approximately 8,000 skills in about 70 categories, such as web development, graphic design, and customer service. Upwork streamlines the hiring process by offering tools for talent sourcing, communication, collaboration, and payment management. Its service offerings include various tiers like Upwork Basic, Upwork Plus, and Upwork Enterprise, catering to different business needs. Founded in 2013 and originally known as Elance-oDesk, Upwork has established itself as a key player in the gig economy, enabling companies of all sizes to leverage freelance talent effectively. The company aims to create economic opportunities, allowing individuals to enhance their livelihoods while contributing to the global workforce.
Atolls
Series A in 2014
Atolls is the world’s largest shopping engagement platform, empowering millions of people to take smarter spending decisions. The company operates a network of digital shopping destinations, including coupon sites, cashback platforms, and shopping communities, that are trusted by hundreds of millions of shoppers each year. The company is active in more than 20 countries and counts over 1000 employees in its offices around the world.
Zumper
Series A in 2014
Zumper, Inc. is an online and mobile platform that facilitates the search and listing of rental properties across the United States. Established in 2011 and headquartered in San Francisco, the company provides a comprehensive suite of tools for landlords and agents to manage rental listings effectively, while also enabling multifamily communities to enhance their leasing success. Zumper's platform allows users to search for various rental options, including houses, rooms, condos, and apartments, with features that filter listings based on criteria such as location, price, and amenities. Additionally, it offers an application for renters to search and apply for rentals, along with Instarent, a digital leasing solution that simplifies the leasing process. With over 125 million site visits annually, Zumper aims to streamline the rental experience, making it as convenient as booking a hotel. The company has secured significant funding from various investors to support its growth and innovation in the rental market.
Atolls
Seed Round in 2013
Atolls is the world’s largest shopping engagement platform, empowering millions of people to take smarter spending decisions. The company operates a network of digital shopping destinations, including coupon sites, cashback platforms, and shopping communities, that are trusted by hundreds of millions of shoppers each year. The company is active in more than 20 countries and counts over 1000 employees in its offices around the world.
Hired
Seed Round in 2013
Hired Limited operates an online marketplace that connects technical talent with recruiting companies in the United Kingdom and internationally. Established in 2018 and based in London, Hired offers a platform where users receive objective guidance from dedicated Talent Advocates throughout the interview process. This allows candidates to compare job opportunities, enabling informed career decisions. For employers, Hired provides access to a curated pool of candidates actively seeking new roles, along with transparency into competing offers, facilitating a more informed recruitment process. The platform aims to enhance the efficiency and effectiveness of hiring, offering a more enjoyable experience compared to traditional methods.
Loosecubes
Series A in 2012
Loosecubes is a community marketplace for workspace. It connects members with an empty desk, studio or sofa with other members who need a productive and inspiring place to work. Whether you are looking for coworking companions by the day or longer term studiomates by the month, Loosecubes makes it easy to find the right people to share your workday with.
EventUp
Seed Round in 2012
Eventup, Inc. operates an online marketplace that facilitates the booking of diverse event venues across the United States. Founded in 2011 and headquartered in Santa Monica, California, the platform features a wide range of locations, including homes, apartments, lofts, hotels, galleries, and unique spaces suitable for various events such as weddings, corporate gatherings, and parties. By connecting property owners directly with clients, Eventup simplifies the venue selection process, allowing users to discover and book locations quickly and efficiently. Its comprehensive approach addresses the challenges of a fragmented market, enabling venue operators to monetize underutilized spaces while providing customers access to distinctive and previously hard-to-find venues. The company's operations extend to major cities including Los Angeles, New York, San Francisco, and Chicago, and it functions as a subsidiary of Gather Technologies, Inc.
Upwork
Venture Round in 2012
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide, including significant markets in the United States, India, and the Philippines. The platform features a diverse array of talent across approximately 8,000 skills in about 70 categories, such as web development, graphic design, and customer service. Upwork streamlines the hiring process by offering tools for talent sourcing, communication, collaboration, and payment management. Its service offerings include various tiers like Upwork Basic, Upwork Plus, and Upwork Enterprise, catering to different business needs. Founded in 2013 and originally known as Elance-oDesk, Upwork has established itself as a key player in the gig economy, enabling companies of all sizes to leverage freelance talent effectively. The company aims to create economic opportunities, allowing individuals to enhance their livelihoods while contributing to the global workforce.
Elance
Venture Round in 2012
Elance, now part of Upwork, is an online platform that connects businesses with freelancers across more than 180 countries. The platform offers a wide range of services, allowing companies to hire professionals such as application developers, software engineers, web designers, graphic designers, and copywriters. Elance serves as a workspace where organizations can efficiently manage external services and contractors, facilitating outsourcing for small and medium-sized enterprises. By providing access to various service categories, including market research, SEO, and translation, Elance helps businesses streamline their operations and enhance productivity through flexible workforce solutions.
GOAT
Angel Round in 2011
GOAT is a global marketplace specializing in authentic sneakers, apparel, and accessories from contemporary luxury brands. Founded in 2015 and headquartered in Los Angeles, the platform connects buyers and sellers, allowing users to make offers on desired styles and access exclusive drops. GOAT features a wide selection of over 350 brands, leveraging innovative technology to ensure product authenticity and enhance the sneaker commerce experience. With thirteen physical locations across the United States, Asia, and Europe, the company operates distribution and authentication centers that serve 170 international markets. GOAT caters to a community of over 20 million members in 164 countries, positioning itself uniquely between the primary and resale markets to deliver authentic products from past, present, and future styles.
Groupon
Venture Round in 2011
Groupon operates online local commerce marketplaces that connect consumers with merchants by offering discounted goods and services in North America and internationally. The company provides a wide array of deals, including those related to events, health and wellness, food and drink, home and garden, automotive services, and travel options such as hotels and airfare. Groupon also features various consumer products, including electronics and apparel, available through its platform. It allows customers to browse and purchase deals via websites, mobile applications, emails, and social media. Merchants benefit from customizable deal campaigns and payment processing solutions. Groupon generates its revenue primarily through commissions from transactions conducted on its platform, including sales made through digital coupons. Headquartered in Chicago, Illinois, Groupon has been active since 2008, evolving from its original name, ThePoint.com, Inc.
Groupon
Series C in 2010
Groupon operates online local commerce marketplaces that connect consumers with merchants by offering discounted goods and services in North America and internationally. The company provides a wide array of deals, including those related to events, health and wellness, food and drink, home and garden, automotive services, and travel options such as hotels and airfare. Groupon also features various consumer products, including electronics and apparel, available through its platform. It allows customers to browse and purchase deals via websites, mobile applications, emails, and social media. Merchants benefit from customizable deal campaigns and payment processing solutions. Groupon generates its revenue primarily through commissions from transactions conducted on its platform, including sales made through digital coupons. Headquartered in Chicago, Illinois, Groupon has been active since 2008, evolving from its original name, ThePoint.com, Inc.
Groupon
Series B in 2009
Groupon operates online local commerce marketplaces that connect consumers with merchants by offering discounted goods and services in North America and internationally. The company provides a wide array of deals, including those related to events, health and wellness, food and drink, home and garden, automotive services, and travel options such as hotels and airfare. Groupon also features various consumer products, including electronics and apparel, available through its platform. It allows customers to browse and purchase deals via websites, mobile applications, emails, and social media. Merchants benefit from customizable deal campaigns and payment processing solutions. Groupon generates its revenue primarily through commissions from transactions conducted on its platform, including sales made through digital coupons. Headquartered in Chicago, Illinois, Groupon has been active since 2008, evolving from its original name, ThePoint.com, Inc.
Technical Communities
Series D in 2006
Technical Communities Inc., also known as TestMart, specializes in providing marketing solutions and distribution services aimed at enhancing sales for organizations targeting U.S. government agencies, prime federal contractors, state and local governments, and educational institutions. Founded in 1998 and headquartered in San Bruno, California, the company offers a range of services, including GSA contract management and consulting, direct marketing, and sales channel support. It operates an online marketplace that facilitates the procurement of various technology products, allowing buyers to efficiently browse IT, medical, scientific, and technical equipment. Additionally, Technical Communities functions as an advertising agency, delivering lead generation, brand awareness, and market research services. The company leverages over 15 years of experience in B2B and B2G sales, supported by a proprietary database of over 2 million prospects, to assist organizations in effectively managing their sales and marketing efforts while reducing costs and risks.
Perfect Commerce
Venture Round in 2005
Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment. In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.
Upwork
Series E in 2004
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide, including significant markets in the United States, India, and the Philippines. The platform features a diverse array of talent across approximately 8,000 skills in about 70 categories, such as web development, graphic design, and customer service. Upwork streamlines the hiring process by offering tools for talent sourcing, communication, collaboration, and payment management. Its service offerings include various tiers like Upwork Basic, Upwork Plus, and Upwork Enterprise, catering to different business needs. Founded in 2013 and originally known as Elance-oDesk, Upwork has established itself as a key player in the gig economy, enabling companies of all sizes to leverage freelance talent effectively. The company aims to create economic opportunities, allowing individuals to enhance their livelihoods while contributing to the global workforce.
Elance
Series E in 2004
Elance, now part of Upwork, is an online platform that connects businesses with freelancers across more than 180 countries. The platform offers a wide range of services, allowing companies to hire professionals such as application developers, software engineers, web designers, graphic designers, and copywriters. Elance serves as a workspace where organizations can efficiently manage external services and contractors, facilitating outsourcing for small and medium-sized enterprises. By providing access to various service categories, including market research, SEO, and translation, Elance helps businesses streamline their operations and enhance productivity through flexible workforce solutions.
Perfect Commerce
Venture Round in 2003
Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment. In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.
Elance
Venture Round in 2003
Elance, now part of Upwork, is an online platform that connects businesses with freelancers across more than 180 countries. The platform offers a wide range of services, allowing companies to hire professionals such as application developers, software engineers, web designers, graphic designers, and copywriters. Elance serves as a workspace where organizations can efficiently manage external services and contractors, facilitating outsourcing for small and medium-sized enterprises. By providing access to various service categories, including market research, SEO, and translation, Elance helps businesses streamline their operations and enhance productivity through flexible workforce solutions.
Upwork
Venture Round in 2003
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide, including significant markets in the United States, India, and the Philippines. The platform features a diverse array of talent across approximately 8,000 skills in about 70 categories, such as web development, graphic design, and customer service. Upwork streamlines the hiring process by offering tools for talent sourcing, communication, collaboration, and payment management. Its service offerings include various tiers like Upwork Basic, Upwork Plus, and Upwork Enterprise, catering to different business needs. Founded in 2013 and originally known as Elance-oDesk, Upwork has established itself as a key player in the gig economy, enabling companies of all sizes to leverage freelance talent effectively. The company aims to create economic opportunities, allowing individuals to enhance their livelihoods while contributing to the global workforce.
HiWire
Series C in 2001
Hiwire is an internet software company specializing in the development of audio advertising technologies for the radio industry. The company offers a robust advertisement insertion network that facilitates the integration of audio and video advertisements. Additionally, Hiwire provides an online marketplace designed to help media entities efficiently manage, sell, and oversee inserted advertisements, enhancing the overall advertising experience for both advertisers and media platforms.
HotDispatch
Series B in 2000
HotDispatch has created a new online marketplace where web-deliverable services can be purchased and sold. We focus on the exchange of information online, as opposed to services transacted over the web but delivered off-line. This distinguishes us from services for online airline and hotel reservations, employment classifieds, auctions, etc. The company was born in a brainstorm in August, 1998 and incorporated in January, 1999 with early financing from Sun Microsystems, Mitchell Kapor, Omar Khudari, and Omar Blaik; and more recent financing from NEA and Accel Partners. The HotDispatch launch comes at the end of a successful pilot sponsored by Sun Microsytems and involving more than 1,500 invited participants.
Technical Communities
Series C in 2000
Technical Communities Inc., also known as TestMart, specializes in providing marketing solutions and distribution services aimed at enhancing sales for organizations targeting U.S. government agencies, prime federal contractors, state and local governments, and educational institutions. Founded in 1998 and headquartered in San Bruno, California, the company offers a range of services, including GSA contract management and consulting, direct marketing, and sales channel support. It operates an online marketplace that facilitates the procurement of various technology products, allowing buyers to efficiently browse IT, medical, scientific, and technical equipment. Additionally, Technical Communities functions as an advertising agency, delivering lead generation, brand awareness, and market research services. The company leverages over 15 years of experience in B2B and B2G sales, supported by a proprietary database of over 2 million prospects, to assist organizations in effectively managing their sales and marketing efforts while reducing costs and risks.
EqualFooting.com
Series B in 2000
EqualFooting.com, a B2B online marketplace that places small businesses on equal footing with large companies in the areas of purchasing.
Perfect Commerce
Series B in 2000
Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment. In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.
BeyondWork
Venture Round in 2000
BeyondWork Inc. (http://www.beyondwork.com), is the leading provider of outsourced Internet-delivered work/life benefits and is headquartered in Santa Clara, California. The "BeyondWork/Life Connection" is a worksite marketplace for member companies and employees to access value-priced, in-demand products and services from more than 500 suppliers as well as original lifestyle related content and company-specific employee communities. BeyondWork's program enables a company of any size to provide a more competitive benefits package.
HiWire
Series B in 2000
Hiwire is an internet software company specializing in the development of audio advertising technologies for the radio industry. The company offers a robust advertisement insertion network that facilitates the integration of audio and video advertisements. Additionally, Hiwire provides an online marketplace designed to help media entities efficiently manage, sell, and oversee inserted advertisements, enhancing the overall advertising experience for both advertisers and media platforms.
HotDispatch
Series A in 1999
HotDispatch has created a new online marketplace where web-deliverable services can be purchased and sold. We focus on the exchange of information online, as opposed to services transacted over the web but delivered off-line. This distinguishes us from services for online airline and hotel reservations, employment classifieds, auctions, etc. The company was born in a brainstorm in August, 1998 and incorporated in January, 1999 with early financing from Sun Microsystems, Mitchell Kapor, Omar Khudari, and Omar Blaik; and more recent financing from NEA and Accel Partners. The HotDispatch launch comes at the end of a successful pilot sponsored by Sun Microsytems and involving more than 1,500 invited participants.
Technical Communities
Series A in 1999
Technical Communities Inc., also known as TestMart, specializes in providing marketing solutions and distribution services aimed at enhancing sales for organizations targeting U.S. government agencies, prime federal contractors, state and local governments, and educational institutions. Founded in 1998 and headquartered in San Bruno, California, the company offers a range of services, including GSA contract management and consulting, direct marketing, and sales channel support. It operates an online marketplace that facilitates the procurement of various technology products, allowing buyers to efficiently browse IT, medical, scientific, and technical equipment. Additionally, Technical Communities functions as an advertising agency, delivering lead generation, brand awareness, and market research services. The company leverages over 15 years of experience in B2B and B2G sales, supported by a proprietary database of over 2 million prospects, to assist organizations in effectively managing their sales and marketing efforts while reducing costs and risks.
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