Leadout Capital: Winter 2024 Newsletter
Dear Leadout Capital Community,
Happy 2025. We are pleased to share the following updates from the Leadout Portfolio from the 3rd and final quarters of 2024.
Investment Highlights:
Since our last newsletter, we have invested in several exciting early-stage companies across several sectors. We believe each of these ventures has significant return potential and a strong fit with our investment thesis. We are proud to support their entrepreneurial journeys and look forward to their future success.
Latii: Founded by Santiago Bueno and Juan Pascual Orero, Latii is a managed marketplace and supply chain automation tool for construction materials for windows and doors, drawing on products from Latin America, Southern Europe, and North Africa.
Insito Health: Founded by Peter Daggett and Parth Shah, Insito Health aims to become the central hub for real-time pharmacy data, starting with an AI-powered call bot that helps patients locate pharmacies with medications in stock during drug shortages.
Portfolio Company Spotlights:
AtoB announced a $130 million raise in a combined Series C equity and debt funding round, led by General Catalyst and Bloomberg Beta, along with their remarkable growth represented by a 500% increase in revenue and volume with its partners in the past year.
Axiom Cloud introduces the launch of Enhanced Compliance Reporting within its AI-powered Early Leak Detection module. This new feature helps grocery retailers and cold storage facilities become “audit-ready” before the EPA begins enforcement of the AIM Act on January 1, 2026.
Cloudsmith announced the release of Cloudsmith CLI GitHub Action. Additionally, Glenn Weinstein shares reflections on his first year as the CEO of Cloudsmith.
Creatify launched several major updates, including Creatify 2.0 and Creatify 3.0. The 2.0 launch features AI Shorts, which transforms scripts into visually stunning videos, and AI Editing, which enhances footage with AI visuals and icons, and marked Creatify’s second “Product of the Day” feature on Product Hunt. The 3.0 launch features Creative Insights, which allows users to discover top-performing ads and track competitor ad units, as well as major upgrades to Creatify’s AI model and video editor.
CRS announced the launch of CreditOrder Pro, which allows customers to order credit reports via a streamlined web interface. It also announces its SOC 2 Type 2 compliance status.
ENDVR announced four new badges for the G2 Summer 2024 Awards.
Expo launches Expo SDK 52.
Kraftful announced the launch of Kraftful 3.0, an enhanced suite of features that leverages AI to collect user feedback and integrate the learnings directly into the development process.
Momentum announced the launch of Briefs and the Autopilot Suite. Briefs provide AI-powered personalized intelligence reports by tapping into customer calls and are crafted to meet the unique needs of different leadership roles and teams. The Autopilot Suite automates real-time, event-driven, and historical analysis of customer conversations to update CRM data. Read more about Briefs and Autopilot here.
Near Space Labs announces its nationwide deployment of its Swift robots, making them the first network of stratospheric robots delivering ultra-high-resolution aerial imagery across the continental US. This expansion comes at a critical moment for the US home insurance industry in particular, which faced its worst crisis in decades in 2023.
Pavilion introduced “Pro Suppliers,” a paid experience that allows suppliers to see more relevant results in searches and allows public servants to get more information about Pro Suppliers up-front and quickly hear back from Pro Suppliers.
Ruby Money was acquired by Novo, an all-in-one financial management platform designed specifically for small businesses, and the perfect complement to Ruby Money’s tax automation technology.
R-Zero announced a series of new features, including a new indoor air quality monitor and connected dashboard to provide real-time data and short-term leases of its workplace occupancy sensors, as well as Entry and Exit counting for more accurate utilization metrics. It also announced the acquisition of SecureAire, an innovator in sustainable HVAC performance.
SYKY announced the launch of its first-of-its-kind app on the Apple Vision Pro, debuting with a showcase from avant-garde Japanese label Anrealage. They also announced Drops 002–006, featuring leading digital designers including Kate Barton, Sammy Does, PASKAL, Taskin Goec, and Marc Tudisco.
The Vendry announced its acquisition by Groupize, a leading technology provider for meetings and events management.
As always, check out our job board or tell a friend about it for exciting jobs at our companies.
Warm regards,
Ali, Steve, Yun-Fang, and Dion
For our previous update, click here. Follow us on LinkedIn or Twitter for the latest.
