Kairos Ventures Raises $58 Million to Fund University Spinouts Weve found that workers are starting to demand financial wellness benefits, so companies that provide these benefits are better able to attract and retain employees. Copyright 2023 Kairos Venture Investments, LLC. The firm was founded in 2015 and is based in Beverly Hills, California. Instead of charging fees for advances to employees who are already struggling to make ends meet, Clair earns revenue from merchant fees every time a customer uses their Clair Debit Mastercard. Access to on-demand pay is a top priority benefit, as it allows front-line workers to quickly and easily access their funds to keep up with unexpected expenses, especially when they dont have much in savings. enable it to enjoy the full features of Tracxn. Venture Capital and Private Equity Principals Company size 11-50 employees Headquarters New York, New York Type Privately Held Founded 2008 Locations Primary 31 Bond St Floor 6 New York, New. By signing up you agree to receive content from us. Copyright 2023 Kairos Venture Investments, LLC. Our portfolio company, Actinia, Inc., was founded by Professor Kanatzidis to enable commercialization of another useful property of perovskites, their ability to detect X-rays and gamma rays with higher sensitivity and lower cost than current commercial materials. It is the first Kairos venture capital and one of the first VC funds on the Italian market that promotes the principles of sustainability, consistent with the company's strategy and philosophy. Clair is integrated with popular workforce platforms like Gusto, TCP, 7shifts, and When I Work to offer seamless access for workers to receive payment immediately at the end of their shifts versus waiting weeks for a check that will take another few days to cash. Kairos Capital Investor Profile: Portfolio & Exits | PitchBook Submitters are 7x more likely to receive a qualified connection. With 12 million meals sold, Angela is continuing to push boundaries with the better-for-you baby and kid's nutrition brand that is making life easier for parents across the country! We have built five Kairos solutions to date: Rhino replaces the security deposit, Cera provides affordable care from the comfort of the home, and Little Spoon is a modern parenthood brand to help keep your kid healthy. We have figured out how to make menopause expertise, quality care and access to real, effective solutions available to women in 50 states at a fair price regardless of whether or not you are employed, have insurance, live in a care desert, have been dismissed, or whatever the reason may be, and as a result, thousands of women are feeling a whole lot better! Companies Are Cutting Pay for New Hires. Already a subscriber? - Patrick Mooney, MD, CEO of Linneaus Kairos Ventures is privileged to work with leading lights like Professor Kanatzidis to support innovative companies such as Actinia. https://lnkd.in/eEauTGqT (TSEF), an early stage venture capital firm that invests in software and services that support everyday Americans and . Kairos is a portfolio of brands across healthcare and financial services that focuses on making life simpler and more affordable for our generation. "We are thankful to receive support from investors in our previous funds and new investors as we continue this work and evaluate innovative, breakthrough opportunities that can create value for our stakeholders, portfolio companies, and humankind.". Tell us about the product or service that Clair offers. Nearly two-thirds of Americans live paycheck-to-paycheck according to CNBCs Your Money Financial Confidence Survey. The company has also launched Clair for Employers to allow employers that are not using one of the integrated platforms to offer on-demand pay as a benefit without investing significant time and resources to get up and running. Quality Assurance Automation Engineer jobs. Kairos Ventures has 5 portfolio exits. While we are hands-on investors, we also recognize that it is the entrepreneurs' sweat, hard work and perseverance that will drive the growth of their companies. #MemVerge#cxl #memory, Venture Capital and Private Equity Principals, Join to see who you already know at Kairos Ventures. #ActuateTherapeutics #FDA #biopharmaceuticals, From DotCom Magazine: In recent years, the global community has been increasingly concerned about the detrimental impacts of conventional pest control methods on the environment and human health. "If you can pay your friends in real time right after a meal and do it in three clicks, why does it take three weeks for your boss to pay you?- Nico Simko, CEO, Clair. Were the only company that actually loses money on providing advances, and earns most of our revenue from the banking services that Pathward, N.A. Luckily, we met Kairos Ventures, which had developed another fintech app called Bilt, and the Kairos team has been great partners for us on this journey. This Series A extension round brings our total equity funding to $45M. Opinion: The Electric-Vehicle Bubble Starts to Deflate, Opinion: The Threat to Make Joe Biden Testify, Opinion: Notable & Quotable: Kamala Harris. 0000-00-00. Kairos provides bespoke capital market solutions to fulfill multi-family investment mandates such as corporate finance advisory, asset backed securities, leverage buyout and venture funding. Aerospace Manufacturing and Design Magazine. www.kairosventures.com. Last night the we cohosted an event with The Women's Network - an organization committed to developing peer relationships and career opportunities for college women. Our employer partners have seen improved morale and increased retention, productivity, and filled shifts among their workforces our internal research shows employees who use Clair pick up 15% more shifts and stay employed for 25% longer. Alex leads the team of investment analysts at Kairos that conducts research and due diligence on all the companies we consider to invest in, either through incubation or Series-A funds. We want employees to continue choosing Clair not only for the advances but also for the awesome features that our partner bank offers. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Were using our funding to expand our team to support more growth. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! The hardest part of the funding process was finding a national bank with expertise in consumer lending that was willing to work with us on building a first-of-its-kind approach to earned wage access. Their latest portfolio exit was Novosteo on May 10, 2022. Kairos is a portfolio of brands that focuses on making life simpler and more affordable for our generation. #RSCPrizes #Actinia #MercouriKanatzidis, TPS article by CEO Dan Singleton featured in Aerospace Manufacturing and Design Magazine! Kairos invests in startups and research in life sciences, physical sciences, and technology led by top academic and industry minds. About Kairos Ventures - Kairos Ventures - We Dare to Dream Big AlleyWatch caught up with Clair CEO and Cofounder Nico Simko to learn more about the business, the companys strategic plans, latest round of funding, and much, much more Even as we saw 10x revenue growth last year, we did not want to over-raise, as that could be tricky in this market. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. Alex leads the team of investment analysts at Kairos that conducts research and due diligence on all the companies we consider to invest in, either through incubation or Series-A funds. Dec 02 2021. mars 2021 - juin 20214 mois. https://lnkd.in/eRpcyJSB Join to see who you already know at Kairos HQ. Kairos Ventures - Investor Profile, Portfolio & Team - Tracxn Venture Capital Headquarters Regions Greater Los Angeles Area, West Coast, Western US Founded Date Oct 2015 Founders James Demetriades Operating Status Active Legal Name Kairos Venture Investments, LLC Related Hubs Kairos Ventures Portfolio Companies Hub Tags Crunchbase Venture Program Investor Type Venture Capital Number of Exits 3 of customers as on Mar 31, 2021. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. After college, I worked at J.P. Morgan and got deep into the fintech space. After 3 years in development, Bilt was launched in 2021 byKairosHQ as the first-ever loyalty program and co-brand credit card that allows renters to earn points on rent with no transaction fees and builds a path towards homeownership. They intend to accomplish this by investing in the best scientists, engineers, and entrepreneurs and assisting them in turning their knowledge, ideas, and discoveries into viable businesses. Kairos HQ | LinkedIn A Bespoke Investment House Committed To Delivering Value For Our Partners. Kairos Ventures ESG One is an Italian Alternative reserved closed-end Investment Fund, reserved for capital calls and direct distribution. $ + tax Business. Clair is the first free, on-demand pay solution powered by an FDIC-insured bank. We frequently hear about the harsh impact of living paycheck to paycheck from the Kairos community and have been looking at this problem for years. Select Accept to consent or Reject to decline non-essential cookies for this use. Close Date. We believe science is vital to solving humanity's greatest challenges, from pollution to the cost of healthcare and beyond. He holds a Bachelor of Science degree in Economics, with a second major in computer science and minors in marketing and mathematics from Loyola Marymount University, Los Angeles. Kairos Venture Capital Fund Profile: Investments & Returns - PitchBook #Foldax #tria #heartvalves, Actuate Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation for elraglusib for treatment of patients with pancreatic cancer. Kairos Investment Management Company is a privately owned entrepreneurial real estate investment and asset management company headquartered in Irvine, California. For #founders working on the next big idea to make life easier and better for consumers - we want to hear from you! Kairos, the organization for young entrepreneurs founded in 2008 as Kairos Society, has lifted the veil on its first venture fund that it teased earlier this year. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Companies like payday lenders or earned wage access companies that charge fees for advances are incentivized by the wrong things they make money when their customers arent doing well financially. Kairos Ventures is a venture capital firm based in Los Angeles, California. The hardest part was selecting the right investors to partner with. Kairos Capital Group provides bespoke multi-family office investment services with a comprehensive suite of specially curated products and services for high-net-worth individuals, families and institutions. Contact Information. The firm prefers to invest in growth-stage companies. Nearly half will not be able to handle an unexpected $400 expense. With workers and their families operating on such tight margins, improving the timing of cash flows can be the difference between retaining an employee or having them quit. Alloy is a new kind of womens health brand. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Amalia Lytle, Prosek Partners: 646-818-9271. Clair Raises Another $25M to Make On-Demand Pay an Employee Benefit for Millions, Gaming and esports acquisition for global company with offices in Manchester, London and LA, PteroDynamics Raises $7.5 Million Seed Round to Expand Transwing Aircraft Platform, PteroDynamics Raises $7.5M in Seed Funding, USA-based PteroDynamics raises USD 7.5 million in seed funding. Where do you see the company going now over the near term? Description. KAIROS VENTURES ESG ONE | Kairos Kairos Capital General Information. "During a time when our society is facing countless challenges from climate change to international conflict we are proud to be working closely with entrepreneurs at the top universities as they innovate and push the envelope to change our future.". Depending on the stage of development and the capital requirements of each venture, we make investments between $150,000 and $20 Million. "Our investment strategy at Kairos is driven by the belief that backing world class scientists can have a significant positive impact on the world," said Jim Demetriades, Founder and Chief Executive Officer of Kairos Ventures. #motherhood #entrepreneurship, How do we manage entrepreneurship and motherhood? You can update your choices at any time in your settings. You will be charged Paris, le-de-France, France. LA Venture: Kairos Ventures' Alex Andrianopoulos on the Massive This means that they not only get a high-yield Savings Account*, no high or hidden fees, and 40,000 fee-free in-network ATMs**, but they can also get free access to money theyve already worked for but hasnt been paid out yet. 86 Employees. Bilt is the first rewards program that lets you earn points on rent. Professor Kanatzidis, who was elected to the American Academy of Arts & Sciences earlier this year and won the Royal Society of Chemistry's 2023 Centenary Prize just a few days ago, has now had a newly discovered mineral named after him by International Mineralogical Association (IMA). Kairos HQ - Crunchbase Investor Profile & Investments How Hard Should the Fed Squeeze to Reach 2% Inflation? Were also focusing on onboarding companies to Clair for Employers, which were really excited about. How do we change the (very stale) archetype of what a founder should look like? Jims fervent belief is that the discoveries Kairos is bringing to life will not only improve lives, but also, ultimately, help restore a sense of hope. https://lnkd.in/eMWNCc2g, Today our company Bilt Rewards announced a growth round of $150 million led by Left Lane Capital with participation from Invitation Homes, Greystar, Wells Fargo, Smash Capital, andKairos. #founders #femalefounders On this episode of LA Venture, Kairos Ventures Chief Research and Development Officer Alex Andrianopoulos talks about his firm's strategy of investing in the world-changing research coming out of the nation's top-tier universities. My responsibilities included sector-specific financial analysis, due diligence, in-depth . 2022 by Kairos Capital Group. Some of the investment portfolios include unicorns Bumble (NYSE: BMBL), Honey (acquired by PayPal), TaskRabbit . Founded by Carl Chang , Kairos. #hypersonics #relight #aerospace #ignition, Aptamer Group plc and Neuro-Bio Ltd announce success in the development of Optimer binders to enable a lateral flow test for the early diagnosis of Alzheimers disease. The team has created a unique ecosystem to maximize deal flow from prize-winning scientists at leading labs and universities and then supports the commercialization of these transformative technologies from incubation to early seed investments through growth. Professor Kanatzidis is being recognized by the Royal Society for pioneering contributions to the synthesis and development of novel semiconducting halide perovskites for application in solar energy conversion, and for excellence in communicating scientific principles to students and the public. What market does Clair target and how big is it? Focus on the fundamentals of the business and on hiring a high-performing team. The fund is located in Beverly Hills, California. Kairos is an Ancient Greek word meaning the right, critical, or opportune moment. As the labor shortage continues with 4 million more job openings than people to fill them, I expect that well see slower economic growth, increased inflation, and supply chain disruptions. #LinnaeusTherapeutics #biopharmaceutical #oncologytherapeutics, Kairos Ventures is pleased to announce that Northwestern University Professor Mercouri Kanatzidis, who was elected to the American Academy of Arts & Sciences earlier this year, has won the Royal Society of Chemistry's 2023 Centenary Prize. Open Date. Moreover, employees of companies using Clair for Employers get additional features like 3% cash back*** on gas and groceries purchased on their Clair Debit Mastercard. . Kairos said its new fund has already invested in 27 startups including Vivodyne, a University of Pennsylvania spinout that cultures human tissue for experiments . Thats better for consumers because it means that the institution advancing their money is properly regulated. ; PteroDynamics, an aircraft design and manufacturing company that has developed and patented a unique drone with folding airplane wings with many critical advantages to existing VTOL designs, the greatest two being 1. a much smaller size and greater stability in its takeoff/landing configuration and 2. significantly longer range and endurance for any given energy source and payload; and Linnaeus, a development stage biotech company engaged in studying and developing treatments for cancer using the signaling from the female sex hormone as a protection against cancer. Jasmin Hume, PhD, founder and CEO ofShiru Agir chaque jour dans votre intrt et celui de la socit. Thats where I learned that it is possible to offer free advances to consumers if you provide them with a banking app to monetize from. Kairos' $25M venture fund will invest in ideas that help the middle What are the milestones you plan to achieve in the next six months? Venture Capital. All companies in our space make most of their money on fees that they charge to consumers for taking advances. Kairos - Venture Capital Profile & Funded Startups | YNOS Our investors believe in our mission of giving front-line workers access to financial services that help them build wealth and support their families. Through integrations with platforms like TCP Softwares Humanity Scheduling, When I Work, Gusto Embedded, and 7shifts, weve helped more than 50,000 front-line workers get paid as soon as they finish their shifts, instead of waiting weeks for a paycheck with zero fees for advances. Kairos Venture Capital Fund is an upcoming venture capital fund managed by Kairos Partners. Fund III is close to fully invested and the remailing funds will be primarily used to support existing investments. Their prominent investment areas are Fin-Tech, Media and Entertainment, Sales and Marketing and have invested in startups like Groww till now. The firm was founded in 2015 and is based in Beverly Hills, California. Luckily, Pathward, N.A. Check out Dr. Sharon Malone, CMO at Kairos companyAlloy Women's Healthon the Today Show with Maria Shriver correcting the record about menopause treatment, enabling women to make medical decisions based on facts, not fear. For more information, visithttps://www.kairosventures.com/. MemVerge introduced QEMU-based CXL Flight Simulator, a virtual CXL hardware environment that allows software engineers to kick off development without CXL memory expansion and pooling systems. #Provivi #sustainability, Kairos Ventures is pleased to announce that Northwestern University Professor Mercouri Kanatzidis, the founder of our portfolio company Actinia, Inc., has received another great honor in recognition of his pioneering contributions to the science of solid-state chemistry. Read about how Transient Plasma ignition Systems can help solve the challenge of supersonic combustion in scramjets akin to "lighting a match in a cyclone" Kairos was founded about six years ago out of the belief that innovation that begins in academia . Follow View. MarketWatch Kairos Ventures Raises $58 Million to Fund University Spinouts Venture firm invests in life sciences, physical sciences technologies Kairos Ventures portfolio companies include. This mineral, kanatzidisite, is a naturally occurring material that was recently unearthed in Hungary and is now housed in the collection of the Museo di Storia Naturale in Florence, Italy. Today, our services include: Investment Advisory, Fund Management, and Corporate Transaction Services. Sign In. As part of this news, we also announced Clair for Employers, a set of free, holistic financial wellness benefits for employees of businesses that dont use our partner HR platforms. The Worker Bidding War Is Over. Edit Lists Featuring This Company Section. No. Thanks to all the amazing women (and men) for joining us to meet, mingle, and lend career perspectives to both each other and this amazing group! Jim Demetriades is the Founder & CEO of Kairos Ventures, a venture capital firm that partners with universities to identify the worlds leading scientific discoveries and commercialize them. Home | Kairos Capital New In these companies, Alex led global teams of dozens of employees responsible for product strategy, intellectual property protection, engineering, professional services, sales, marketing, and business development, and actively participated in the efforts to close, and successfully closed, multiple rounds of financing by venture capital firms as well as the public markets. On 28th July, 2021, our company's name was changed to Tracxn Technologies Limited. Kairos Ventures Portfolio Investments, Kairos Ventures Funds, Kairos My favorite restaurant is Caf Paulette in Brooklyn, which is a quaint, neighborhood spot with great negronis. Save up to $15 with TurboTax coupon May 2023, Epic Bundle - 3x Expert Stock Recommendations, 15% OFF DIY Online Tax Filing Services | H&R Block Coupon, 10% TopResume discount code for expert resume-writing services. A Walk Around the Beautiful City of Grenoble, France - YouTube These materials will soon allow X-ray machines, CT scanners, and other medical imaging devices to attain images at less than half of the radiation dose that is needed today! Our investors believe in our mission of giving front-line workers access to financial services that help them build wealth and support their families. Kairos | LinkedIn With our unique model, our goals are aligned with our customers goals. Kairos Ventures | LinkedIn site you are consenting to these choices. And sometimes, there were mistakes that made it take even longer to get the money I earned. Kairos is a Venture Capital Firm. Focus Areas: Artificial Intelligence I Biotechnology I Nanotechnology I Deep Tech I AR/VR/XR I Sustainability I Healthcare I Life/Physical Sci I Advanced Materials I Software I National Security/DoD Technology I P2P Economy I Medicinal Cannabis & Psychedelics I Bio-Pharma I Education/Ed-Tech I Intellectual Property/Patents I Therapeutics. Congratulations to Little Spoon Co-Founder and Chief Product Officer Angela Vranich for earning a place on Inc. Magazine's Female Founders 200 list! Kairos Ventures Investor Profile: Portfolio & Exits | PitchBook Kairos Ventures Closes Third Fund at $58 Million - PR Newswire CEO and Founder. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Copyright 2023 Kairos Venture Investments, LLC. Kairos Ventures has 14 funds, including Kairos Venture Partners III. our sites and services. We are so proud of Bilts work to make the path to homeownership easier for renters and super excited to take the next step in making Bilt Rewards a household name! What are the biggest challenges that you faced while raising capital? As announced inTechCrunch this morning, were delighted to share the news that Kairos is helping to buildClair- to help front-line workers get paid on the same day. There is a huge market opportunity with 76 million hourly workers in the U.S. representing 56% of the workforce. Our target is front-line workers and the companies that employ them. https://lnkd.in/eDCsPzvA I am so proud of the work that Anne Fulenwider and I and the team at Alloy Women's Health have done to earn a place in this groundbreaking article by Susan Dominus for the The New York Times. https://lnkd.in/edfHaXwn, Congrats to Michelle Muller, Co-founder and CXO of Kairos company Little Spoon for helping to change the narrative on motherhood and entrepreneurship! , . Portfolio of 50 companies including 1 unicorn. Kairos Investment Management Company | LinkedIn . #chemistry #kanatzidisite, Linnaeus Therapeutics, Inc. announced the presentation of clinical data from its phase 1 dose-expansion study of LNS8801 as a monotherapy and in combination with pembrolizumab in metastatic uveal melanoma at the 2023 ASCO Annual Meeting. You are seconds away from signing up for the hottest list in Tech! The TRIA mitral valve is designed specifically to accommodate the anatomy and pressures of the mitral position. Home. Moreover, while at Oracle, Alex led the research and strategic alignment efforts for numerous acquisitions ranging in value from a few tens of millions to billions of dollars. Kairos Ventures - Crunchbase Investor Profile & Investments What factors about your business led your investors to write the check?
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