2023年5月3日

新興市場交易公司的多元宇宙光束牙科和Knix已經添加到新興市場基金投資組合寫的4分鍾我們很高興介紹兩個公司在新興市場基金投資組合,再次說明我們的投資的多樣性。多倫多女性密友Knix公司,梁牙科,哥倫布,哦,牙科保險公司擾亂行業與機器學習。基金現在打開新興市場基金向投資者提供的方式進一步多樣化投資組合:通過地理。該基金將投資於~ 20 - 30公司以外的美國主要VC中心——矽穀,紐約,波士頓,或者是建立在國際上/主要做業務。要了解更多,請點擊下麵的審查基金材料或電話預訂高級合夥人。Knix是開始於一個目標:讓女性感覺更舒適的在自己的皮膚通過重新定義密友。Knix率先使用專利焊接技術創建無縫,chafe-free設計,以及織物結構的內置支持創建世界上最好的無線自由胸罩和功能性內衣。Knix的第一件產品是內衣旨在幫助女性解決“小泄漏。“自那時以來,該公司增加了文胸,運動胸罩,內褲,坦克,簡易包裝,配件,遊泳,產科,針織品,休息室,和青少年線——更多的計劃。我們最近參加了公司的係列B TZP為首的集團——一個私募股權公司投資於技術,業務服務和消費產品。 Other backers have included investors with knowledge of the women’s intimates space as well as DTC e-commerce. What We Liked Increased demand for women-focused products. Knix is meeting women’s demands for products that speak to them. Intimates are growing at a 7.2% CAGR and expected to hit C$250B globally in 2022. Compelling business metrics and profitable business model. Knix has grown revenue substantially, delivering a profit — with very little capital raised. In addition, they shown’s strong customer growth, repeat customers, LTV:CAC, organic revenue, and unit economics. Continuous growth. Knix has steadily produced a pipeline of products to fuel growth. That is continuing in 2021 with a shapewear line, more retails stores, and a focus on growing U.S. business. Experienced team ready to take Knix to next step. The CEO has guided Knix through substantial growth and built a team to scale. Attractive valuation. Knix is based in Toronto. We believe that the Canadian location may have helped keep valuations attractive. Upcoming Roundtable Alumni Ventures’ Emerging Markets Fund offers accredited individuals the opportunity to invest in promising, venture-backed companies from emerging markets in the U.S. and abroad. Learn how our Investment Teams source and vet companies that fit this thesis during a roundtable discussion on Wednesday, May 19, at 2:00 PM ET. Panelists will include (from left): Isaac Schlecht, Principal of Castor Ventures Larry Warnock, Managing Partner of Ring Ventures Erik Hammer, Senior Principal of Purple Arch Ventures Krithika Kumar, Principal of Strawberry Creek Ventures Beam Dental is the industry’s first and only digital dental insurance provider — and also its fastest growing. They have catapulted dental insurance to the next level by using machine learning to more efficiently price premiums and underwrite risks. Beam offers an easy-to-use, mobile platform that saves time and money for consumers, providers, employers, and brokers. With PPO policies available in more than 40 states and access to over 400,000 dental groups, Beam is rapidly capturing market share. We participated in a Series E , led by growth-stage focused Mercato Partners (exits in fintech and healthtech). Other investors included Drive Capital, founded by former Sequoia Partners; and Georgian Partners, one of the largest VCs in Canada; as well as two Fortune 500 insurers. As noted here , the CEO and Founder Alex Frohmeyer feels his company’s location in Columbus, OH, is a plus. Advice from their backer Drive Capital encouraged “Froh” to choose Columbus for his HQ. What We Liked Market ripe for disruption. The $70B dental insurance market with mainly low-tech incumbents is ripe for disruptors such as Beam. Very strong commercial traction. Beam’s revenue quadrupled in 2019 year over year, nearly doubled in 2020, and top-line is expected to double again in 2021. In one year, it also doubled clientele to 5,000 businesses and 100,000 members (as of June 2020). Strong operational metrics. Beam has moderate operational costs, a 100% net dollar retention, and an industry-beating 69% loss ratio to premiums earned — a key profitability measure. Significant moats. There are high barriers to entry in this industry due to capital needs and complex regulatory requirements. Beam Dental has already met regulatory requirements in over 40 states.