LOVC

Why We Invested in @paccurateio’s Series A 📖 lasolasvc.com/posts/why-we-i…

"Since our initial investment in the summer of 2023, Paccurate’s platform usage has grown exponentially from processing ~1M monthly shipments to almost the same amount per day. Part of this comes from the fact that their timing couldn’t be better. With e-commerce demand higher than ever and recently announced EU regulations mandating a maximum “space ratio” of 50% for packaging, Paccurate’s technology helps companies comply with increasingly stringent environmental regulations while maximizing operational efficiency. The incentives align perfectly."

- Asif Khan, Senior Associate at LOVC

We couldn’t be more excited to be a part of Paccurate’s journey and look forward to seeing what this next chapter of growth has in store for them.

Congratulations to James Malley the entire Paccurate team on reaching this milestone!

Congratulations to Bill Catania, CEO of @OneRailapp for being recognized by @GoldmanSachs as one of the Most Exceptional Entrepreneurs of 2024 at their Builders and Innovators Summit!

Bill’s journey is a testament to the power of vision and determination. From co-founding @OneRailapp with his wife, Lisa Catania to scaling a fully automated last-mile delivery solution that now supports over 250,000 deliveries daily across 400 cities—his entrepreneurial drive is exemplary.

As early investors and supporters of Bill Catania and @OneRailapp's mission to revolutionize last-mile delivery, we’ve been fortunate to witness their incredible journey.

We can’t wait to see how Bill, Lisa, and the OneRail team continue to innovate and shape the future of logistics.

Read more about this honor and Bill Catania’s inspiring journey here ➡️businesswire.com/news/home/2024…

Join us for the @Techstars Anywhere NYC Community Mixer on Thursday, October 24th at 6 PM in NYC.

lu.ma/jupza8g0

We hope to see you there!

Scale in B2B SaaS: A Live Podcast and Fireside Chat with @PrimaryVC & LOVC

Join us for an evening dedicated to NYC's best B2B SaaS founders and funders, hosted by LOVC and Primary Venture Partners, sponsored by Stifel Financial Corp.

✅ Register here: lu.ma/1jfmicko
📅 November 7th | 6:00 - 9:00 PM
📍 Bryant Park, NYC (addressed revealed on acceptance)

The evening will feature a fireside chat and live podcast with Mark Volchek (Founding Partner, LOVC) and Cassie Young (General Partner, @PrimaryVC), with a cocktail and light bites reception.

NYC investors, founders, and ecosystem partners: Secure your spot for an evening of learning, networking, and growth. B2B SaaS Founders and Funders are encouraged to register.

We look forward to hosting you!

We are excited to announce we have led @CityDetect’s seed round!

LOVC led the $2 million seed funding round, with participation from @KnollVentures and @AtlantaSeed Company.

📖 Read the full release and story here: lasolasvc.com/posts/announci…

@CityDetect is an AI-driven platform helping cities across North America proactively manage and mitigate urban decay. City Detect’s approach is simple but powerful. They use fleet vehicles equipped with cameras to capture images of city properties. These images are then processed by their AI, identifying and mapping issues affecting properties. The result is detailed, actionable reports that inform decision-making and strategic planning for cities urban design, planning, and development goals.

City Detect’s innovative platform uses cutting-edge computer vision and machine learning technology to detect and analyze over 100 urban elements, such as graffiti, code violations, illegal dumping, and abandoned properties. By providing real-time, actionable data, City Detect empowers municipalities to make informed decisions, optimize resource allocation, and address urban decay before it escalates.

Based in Tuscaloosa, Alabama, City Detect was founded by Army veteran and entrepreneur Gavin Baum-Blake and Dr. Erik Johnson, an urban economist and AI expert. Together, they have built a comprehensive system that integrates data collection and analytics to revolutionize urban management.

"City management is no longer just about reacting to issues; it's about using data to prevent them," said Gavin Baum-Blake, Co-Founder and CEO of City Detect. "With City Detect, local leaders can address urban blight before it becomes a larger crisis, improving community safety and quality of life."

The funding will enable City Detect to scale its AI capabilities, enhance its platform, and expand its team to meet the growing demand from municipalities nationwide. Early adopters, including cities like Birmingham, Atlanta, and Stockton, have already demonstrated the platform’s effectiveness in diverse urban settings.

"City Detect is revolutionizing urban management with its proactive approach to tackling urban decay. Their AI-powered platform provides cities with the tools they need to create cleaner, more sustainable environments," said Dean Hatton, Founding Partner at LOVC. "We are proud to support their growth and mission to improve the quality of life in cities across North America."

Learn more about City Detect, explore open roles, and follow their growth at their website (citydetect.com) and follow them on LinkedIn.