Recent news from our
‍portfolio and fund

We are excited to announce that Matchstick Ventures Fund II has completed an investment in Spekit (spekit.co). Spekit is a digital learning and change enablement platform designed to help companies inform and train their staff on constantly changing business processes and SaaS applications.

Matchstick Ventures portfolio company Zestful raises it's next round led by Thrive Capital. Congrats to Mat and the team! Learn more on CrunchBase, Business Insider, AmericanInno and Zestful's website.

Today’s guest is Fletcher Richman, CEO & Cofounder of Halp, a company backed by Techstars and Slack that makes an internal helpdesk to streamline workflows for the teams at Adobe, HomeDepot, SeatGeek, and hundreds of other companies.

Fletcher also helped found the Seed Angel Forum, an investor forum for early stage entrepreneurs and investors, and is a partner at Kokopelli Ventures, a micro venture fund in Boulder CO.

In our conversation we explore Fletchers path into the world of business and creating things and his experience running a social impact venture (Spark).

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Matchstick Ventures portfolio company ScaleFactor raises $60M Series C to empower small- and mid-size businesses by streamlining and automating back-office tasks. From bookkeeping to payroll, ScaleFactor provides a built-in cadence to business operations, giving owners access to tools and insights previously only available to enterprise companies. Congrats to Kurt and team!

ScaleFactor, the accounting fintech serving the small and medium-sized business market, raised $60 million in venture funding, in its third fundraising round in about a  year.

To date Austin, Texas-based ScaleFactor has raised $100 million, completing a $10 million Series A round in July of 2018 and a $30 million Series B round in January.

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Matchstick Ventures portfolio company Ordermark raises $18M Series B to help restaurants adapt and thrive in the mobile delivery era. We're lucky to be early investors in Ordermark, who we met through the Techstars Boulder program. Congrats to Alex and team!

Los Angeles-based Ordermark, the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding.

The round was led by Boulder-based Foundry Group. All of Ordermark’s previous investors came back to provide additional capital for the company’s new funding, including: TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures and Nosara Capital, which led the Series A funding.

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Development cycles for software developers are only getting faster, which is a problem when it comes to implementing security measures.

Building secure code into software requires not only time for testing but also a dedicated security team to solve any issues that may crop up. But most companies consider security an afterthought and tackle it far too late in the development cycle. That can lead either to massive delays to patch issues or a vulnerable product.

StackHawk hopes to fill that gap in the market. Based in Denver, StackHawk is developing security software that will work alongside developers to identify and address vulnerabilities at each stage of the development cycle. Rather than add to their workload, StackHawk co-founder and CEO Joni Klippert told Built In that their goal is to make software that lightens it in the long run.

Uber and Lyft aren’t designed to transport people who need a little help getting out of the house or need someone to help get them from the doctor’s waiting room back to their home. While Uber, for example, has launched Uber Health to help patients get to their appointments, the drivers are not vetted with patient assistance in mind. This is where Onward comes in.

Onward, with $1.5 million in seed funding from Royal Street Ventures,  Matchstick Ventures and JPK Capital, launched a few months ago in the San Francisco Bay Area to help seniors safely get from point A to point B. Unlike Uber and Lyft, Onward offers round-trip, door-to-door rides and aims to provide freedom for older adults who may feel isolated, Onward co-founder Mike Lewis told TechCrunch.

We are excited to announce that Matchstick Ventures Fund II has completed an investment in StackHawk (stackhawk.com). StackHawk is a continuous vulnerability-scanning and remediation solution built for devops.

Matchstick Ventures portfolio company AdHawk expands into the flooring vertical. Congrats to Todd, Dan and the entire team!

We were lucky to work with the soona and 2048 Ventures teams to ideate and create the Candor Clause.

The Candor Clause is an open-source legal disclosure for inclusion in fundraising documents to foster conversations between founders and investors about gender equality. The disclosure requires all parties to disclose if any of the investors, members of their fund or their representatives have ever been accused of sexual assault, sexual harassment or sexually-inappropriate behavior.

Matchstick Ventures portfolio company Upsie raises $5M Series A to wage war on the old warranty, with more reasonable pricing (typically 70% lower than what the retailer offers) and a much more modern approach to selling and managing the warranty. Congrats to Clarence and team!

We are excited to announce that Matchstick Ventures Fund II has completed an investment in soona (soona.co). soona is a same day photo and video content creation studio.

Pana raises $10 million to help companies arrange travel for onsite interviews. Congrats to Devon, Sam and the team