Welcome back to The Deal Room 📰

First of all, we are glad you are here every week for our updates at Partner Track 😁 Read below for all of our updates, a fun event in NY, and some excited Founder Track Info👇

Updates with Founder Track 😁 

Partner Track for Founders is growing in size and value. We now offer more than $5 million worth of Perks and discounts to the startups in PT for Founders. Also, we are very proud to say that we are partnering with the Founder Institute in Berlin. This partnership is a pilot program for a scalable system for FI founders to begin being tracked in the Partner Track network. Bring your portfolio companies to the network to collaborate and benefit from the growing infrastructure. 

Updates for this Week: 08.22.24 🗓️

This week we are happy to announce that we are finalizing updates to the Monthly Deal call formats. Links to the calendar event will be distributed, along with an Airtable dashboard for deals brought to the community during these calls. This should improve the overall content shared and will streamline the intro process.

We're continuously working to introduce you to the most talented investors and the best active deals. If you have any friends or colleagues that you think belong in this community, we’d love to meet them.

Meetups:

The LA Meetup event is the first to come together fully. If you are in LA and would like to meet for coffee with the other investors in your city, DM @Kai Fink for details. We are also looking for our local ambassador for a monthly meetup event in New York and London (both locations have 20+ investors in the PT network). If you are interested in being the local host, email [email protected] and we can help coordinate invites 🙂 If your firm is interested in co-sponsoring amazing events with us, please let us know by applying here.

As always, thank you for being a part of Partner Track. Enjoy the Deal Room :)

Here are the best deals we have seen this week, 🫢 reply to this email for an intro.

• $20mm ARR

• Raising $4mm - (There is an agreement with Flipp with an option for acquisition, they already invested $5mm in the company.)

• 100 global brands in their sales pipeline, Ranked has already locked in campaigns for Disney, with their 200+ brands on deck, the NEW Orleans Saints, 18 Dave’s Hot Chicken franchises, NASCAR, Shortzilla, Ringmaster Entertainment, and a local plumbing company. Ranked is in advanced talks with LVMH and their 73 brands, Walmart and their 300+ brands.

• Ranked has contracts for over $1.2M, pre-launch. Ranked is on track to hit $1M ARR by the end of August 2024 and $12M ARR by the end of 2025.

• Raising a $3.5M seed round (Backed by Techstars, Quake Capital, and Misc. Angel Investors)

• DubPrime is led by Vincent Lucero who combines industry expertise in Explainable AI, loan decisioning, and debt capital to create a comprehensive lending solution that helps lenders safely expand into the unsecured consumer credit card market.

• They have secured $350k in Google Cloud Credits for R&D, submitted our Grantify Application for $305k in SBIR funding, and have graduated from TechStars Oakland’s Spring 2024 Cohort.

• Raising a small pre-seed round

Startups that applied directly via Founder Track →

• CPG, Beverage 

• +500,000 Revenue YTD

• $1mm Seed raise ($4.5mm Pre-money)

  Blind Tiger Pitch Deck.pdf7.14 MB • PDF File Download

Events you need to attend soon 👀

• Coming up soon!!!! Partner Track will be co-hosting the VC happy hour at the gener8tor Manufacturing Conference

  • When: Sept 4-5th

  • Where: Indianapolis Motor Speedway

  • Who: early-stage startups, investors & corporations across manufacturing, mobility, supply chain, and sustainability

  • What: startup pitches, welcome dinner & afterparty, panels and 1x1 startup <> investor dealflow meetings

  • Why: It's free, has 100+ pre-seed & seed-stage startups ripe for investment, and Partner Track is sponsoring the official afterparty!

*** Shoot Jake a Slack or email at [email protected] if you want to join us, the more the merrier!

• Raise Global Summit - 300+ LPs gather to meet the next generation of venture capital firms - Oct 24, 2024 | San Francisco, CA | In-Person.

• Main St. Summit - This track features startup-focused content, as well as invitations to exclusive meals, private happy hours, and activities. Find yourself shoulder to shoulder with industry experts and forge potential connections that could shape the future of your ventures - October 8-10, 2024 | Columbia, Missouri

  ***Shoutout to our Partner Track members from the host funds Maria Heyen & Ben Lopez

Job Opportunities to check out 👇

VC Manager @ Samsung Ventures America in Mountain View, CA

VC Analyst @ Paladin Capital Group in London, England

Senior VC Analyst @ Fairview in West Hartford, CT

VC Analyst @ Arc Ventures in New York City, NY

That's all for this week 😄 Stay tuned for our weekly updates from Partner Track, where we'll continue to bring you the latest insights, opportunities, and events from our vibrant VC community. Also, don’t forget to refer your VC friends to Partner Track! We are aiming to grow the community with the best investors internationally. Refer them here to potentially win some free swag.