Welcome back to The Deal Room 📰

As always, we have lot if great announcements; the latest VC job postings, deals of the week, upcoming events, interesting articles to learn from, and more. Read below for the weekly debrief from our team👇

We are throwing a Happy Hour in NY and you’re invited :)

We will be hosting an event in NYC on September 26th (during climate week). Each week we will announce a new partner for that event; beginning today — we are happy to announce that we will be partnering with Zehra Naqvi, Investor at Headline and author of the Z-list. Thank you to Zehra, Headline and Z-List for supporting Partner Track by being an amazing event partner.

Updates for this Week: 08.08.24 🗓️

Partner Track has had some amazing growth over the past week.40 new investors joined our ranks, Partner Track for founders had it’s first full week of operation, and we hosted our first two Monthly Deal calls! Thank you for being a part of Partner Track. For everyone who is reading this newsletter for the first time, welcome to The Deal Room!

• If your firm is interested in co-sponsoring amazing events with us, please let us know by applying here.

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

• The company has built the largest dedicated expert network in this vertical with 17k SMEs who have completed over 3,000 consultations helping government contractors win more deals with federal customers.

• The company is operating at an annualized run rate of $2m and is set to launch its enterprise offering in Q1’25 which will embed its platform into workflows of large GovCons.

• The company has raised $6.5m to date, including $5m from a strategic customer who funded R&D for the enterprise product, and is now raising an A-1 to bring that offering to product, infuse AI throughout the platform, and fuel new customer acquisition and expansion.

• Wellthi’s early pilots demonstrate a lead generation rate that is 56% higher than the industry standard and has bespoke channel partnership agreements with the African American Credit Union Coalition (AACUC) to drive B2B sales with large credit unions.

• The company has raised $5.8M to date, and investors include Mastercard and Northwestern Mutual Future Ventures.

• Almanax is a web3 security startup using AI to prevent web3 theft. Their initial wedge into the market is automating smart contract security audits and they’re building a suite of products to monitor and secure the entire web3 stack.

• They just started the fundraising process for their seed round

Startups that applied directly via Founder Track →

• $600k Arr

• Raising a $2mm Seed Round ($1.3mm left in the round)

• Flyover Capital is the first check-in (500k) and currently leading the round

• Website: https://www.devstride.com/

  Q3 24 - DevStride Investor Deck.pdf2.57 MB • PDF File Download

  Investment Proposal 07_24.pdf84.31 KB • PDF File Download

Events you need to attend soon 👀

• Savannah and Jon will be attending the gener8tor Agriculture Conference - Aug 14-15 at Union Station in Indy! We will have around 100 early-stage founders at each event, plus 40-50 VCs, CVCs, and corporate innovation teams.

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

  • Ag software & hardware, food, life science and climate

• Let us know if you will be in NYC for climate week by replying to this email 🙂 We are planning a great Happy Hour and Dinner and would love to invite you!

• 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 👇

Analyst (Investments) IMC - Columbia

VC Manager @ Seven Lanes Capital in Remote

VC Analyst @ Antler in Berlin, Germany

VC Investor @ AngelList in Remote 

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: https://airtable.com/appeHXy6BOZkKta8b/pagVIBRr26AuHjZXv/form