(MANCHESTER, N.H., Feb. 15) — York IE, a vertically integrated strategic growth and investment firm for technology companies, today announced its ninth investment cohort.
The six-month cohort, which ran from July 1 to Dec. 31, 2023, features six investments — five new companies and one follow-on to a previous investment — totaling $7 million. York IE also saw significant growth and progress from prior investments within its portfolio.
“We take seriously the opportunity to support this cohort’s experienced founders and their promising companies on their paths to long-term success,” said Joe Raczka, chief investment officer and managing partner, York IE. “More early-stage startups are forgoing vanity metrics in favor of building fundamentally sound businesses, and because of that it’s never been a better time to deploy capital.”
Ninth York IE Cohort
With this new cohort, York IE has made 65 investments in 50 companies. The new companies in the cohort are:
- Givzey, fundraising’s first digital gift agreement platform (Boston);
- PeakMetrics, the AI-driven media and narratives intelligence platform (Los Angeles);
- RealSage, a data intelligence platform for multi-family asset owners and operators (Toronto);
- Stockpress, a collaborative file management platform for distributed teams (Boston); and
- Vend Park, a fully digital parking access and revenue control system (Boston);
“The Stockpress team gravitates towards operator-led investors,” said Jessica Storry, co-founder and CEO, Stockpress. “York IE completely understands the problem we’re trying to solve and is equipped to help us navigate the opportunities and challenges that lie ahead.”
The follow-on investment is in London-based Evorra, a privacy-first data marketplace for brands and agencies.
York IE invests active capital in early-stage B2B SaaS startups, which often involves providing strategic guidance and tactical support to its portfolio companies. Multiple companies in this cohort, including PeakMetrics and Stockpress, have taken advantage of York IE’s Advisory as a Service offerings.
Success for York IE and Portfolio Companies
The second half of 2023 was successful for many companies within York IE’s portfolio:
- Auditoria received additional investment from KPMG, underscoring its commitment to revolutionizing finance processes;
- Blustream doubled its revenue growth and customer count over the course of the year;
- Canvs AI received a $15 million investment led by Fulcrum Equity Partners;
- Cognitive Space was named one of Aerospace and Defense Review’s Top 10 Satellite Solutions Companies;
- Cyberhaven was named to the Fortune Cyber 60;
- Datanomix was named one of the Best Tech Startups in New Hampshire by The Tech Tribune;
- Defendify was awarded 61 badges in the Fall 2023 G2 Grid reports;
- Lytica was named a Top Tech Startup by Food Logistics and Supply and Demand Chain Executive;
- MedStack acquired Exos, a governance risk and compliance product designed exclusively for the North American healthcare industry;
- Stay Ai raised a Series A, bringing its total funding to $15.1 million; and
- VETRO was named to the 2023 Deloitte Technology Fast 500 list.
Of the 50 companies York IE has invested in, three have had successful acquisitions and approximately half have raised additional capital at an increased valuation.
York IE also experienced a stretch of impressive growth in the second half of the year.
The firm announced it is an Amazon Web Services Accredited Solutions Partner, demonstrating its technical expertise in developing, deploying and maintaining SaaS applications for advisory clients.
In addition, the firm announced key partnerships with WP Engine, the most trusted WordPress hosting platform; Hunt Club, a full-service recruiting company powered by technology and community; and Reveneer, an inside sales services provider.
York IE achieved HubSpot platinum partner status as well, recognizing its growth in helping companies build scalable go-to-market engines that drive predictable revenue.
York IE’s evergreen investment syndicate comprises a diverse group of high-net-worth individuals and family offices who are drawn to the firm’s access to a unique asset class, strong deal flow and value-added approach to working with startups. To learn more about York IE’s investment practice, visit york.ie/investments.
ABOUT YORK IE
York IE® is a vertically integrated strategic growth and investment firm for technology companies. The company supports ambitious entrepreneurs, operators and investors on their quest to build startups, innovate at scale and disrupt markets. York IE leverages its proprietary data and automation technology and deep operational expertise to provide advisory as a service and to selectively invest in early-stage B2B SaaS. Fuel® Your Strategic Growth at York IE.
