Top Seed Companies: Bezel, MoviePass, Personal AI, Seek
Our Investor Nicolas von Blottnitz shares the top-seeded companies to keep an eye on this week.
We see about 5,000 startups each week, and I want to give you a glimpse into how we at Headline think about trending tech companies and tracking new investment opportunities. In this post, I’m highlighting top tech companies that have announced or raised a seed round within the past week.
Bezel
EVA Growth Index:
Product:
Online marketplace to buy and sell luxury watches
Lead Investors:
Shrug Capital, Courtside Ventures, HartBeat Ventures, Litquidity Capital, Rose Street Capital, Abstract Ventures, BoxGroup, Operator Partners, Impatient Ventures, Electric Ant, Nomad Ventures
Total Raised:
$8M
Comparables:
Farfetch
Our Thoughts:
A $40B market that has yet to have a dedicated online marketplace. There is a big business to be built here.
MoviePass
EVA Growth Index:
Product:
$10-$30 per month consumers subscription to get credits that can be used to go the movies
Lead Investors:
Structure Capital, Animoca Brands
Total Raised:
$3.7M
Comparables:
Regal Unlimited
Our Thoughts:
Same founder, similar model, very different market. We believe there is a market for this model; we wonder how big and lucrative it is. One has to admire the persistence of founder Stacey Spikes.
Personal AI
EVA Growth Index:
Product:
A platform that trains an AI on all your historical data so that it can communicate and share the things you know
Lead Investors:
Differential Ventures, Suman Kanuganti, Supernode Global
Total Raised:
$13.7M
Comparables:
N/A
Our Thoughts:
The way we think about this is that Personal lets you leverage and access all the data you have collected over time in ways that your brain never could. Once they get this 100% right, the value will be incredible.
Seek
EVA Growth Index:
No external sources showing growth
Product:
AI engine that takes in natural language to write queries to analyze databases
Lead Investors:
Battery Ventures, Conviction Partners
Total Raised:
$7.5M
Comparables:
FactEngine
Our Thoughts:
The barriers to using Python or SQL are really high, with individuals needing to spend a few hours just to be able to run basic queries. It is inevitable that we will be leveraging natural language to query data sooner or later, which is precisely where Seek is heading.
Hi, I am Nicolas von Blottnitz, an Associate at Headline’s SF office focusing on Consumer, Fintech, and SaaS businesses. Since joining in 2018, I have led our investments in Tabnine, Polygon, Flockjay, Solid, and Grin.
What is the EVA Growth Index?
The EVA Growth index is a composite of third-party data sources around a company’s website traffic. The vertical green lines in the charts represent a point in time where the company raised outside capital.
