Left Lane Capital

Global venture capital firm investing in high-growth internet and consumer technology companies

[Left Lane Capital @leftlanecap]

The Left Lane team is proud to announce the close of our $1.4B Fund II, putting us over $2B of committed capital since inception.

And our DMs are open! We looks forward to supporting new high-growth internet & consumer tech businesses across the world.

https://t.co/semFa20h5J

[Left Lane Capital @leftlanecap]

@prenuvo has closed a $120 million funding round, co-led by Left Lane, Forerunner Ventures and its existing investor Felicis. We cannot be more excited to back their network of clinics transforming preventive healthcare with full-body MRIs that detect and diagnose over 500 conditions, giving patients deeper insights into their overall health.

Building on this momentum, Prenuvo is launching three new health assessments alongside its flagship full-body MRI scan: a detailed blood test, a neurological scan, and a body composition analysis. It owns and operates 17 clinics across North America and plans to expand to 15 more locations in the coming months, including sites in Europe and Australia.

"[Consumers] have come to the understanding and realization that the health system is not serving their needs as it relates to keeping them healthy," said Prenuvo CEO Andrew Lacy. "They are increasingly looking for alternate solutions so they can stay on top of their health."

https://t.co/TN9iD2ZM0P

[Left Lane Capital @leftlanecap]

Announcing our $30M investment in @tryriotdotcom, the employee-focused cybersecurity platform redefining how businesses protect their teams against modern threats.

In an era where AI-driven phishing attacks and cyber threats are becoming increasingly sophisticated and personalized, Riot is meeting the challenge head-on. The platform goes beyond traditional training by actively detecting vulnerabilities in employees' cyber posture and proactively guiding them to strengthen their defenses. As our Partner, Matthew Miller, put it: "Riot's innovative approach focuses on employees as the first line of defense against cyberattacks. Empowering your team with the right tools and knowledge is the best defense against these evolving threats. The cost of a data breach is too high for companies to overlook—solutions like Riot are now a necessity."

This investment will fuel Riot's product development and international expansion, with the goal of protecting more than ten million employees by 2027.

Congratulations to Benjamin Netter and the entire Riot team!

https://t.co/ZIWwUlKXfu

[Left Lane Capital @leftlanecap]

Proud to announce our $15M investment into @thesnowleague! Founded by legendary athlete @shaunwhite, The Snow League will feature the world’s top winter sports athletes going head-to-head in halfpipe events at some of the most iconic resort locations, broadcast on NBC Sports and Peacock. The league's inaugural season kicks off on March 7-8, 2025, in Aspen, showcasing 36 elite athletes from 9 countries.

The investment will accelerate the league’s expansion, enhance fan engagement, and set a new standard for athlete development and live entertainment in winter sports.

“Shaun and Omer [Founder and CEO, respectively] are seizing a unique moment in time to transform snow sports into a premium competition experience for athletes and fans alike,” said Harley Miller, CEO and Managing Partner at Left Lane Capital. “With a visionary founding team, top-tier media rights, and blue-chip sponsors, we are confident that The Snow League will emerge as the leading brand in winter sports.”

https://t.co/iqPVY4mHDt

[Left Lane Capital @leftlanecap]

We are thrilled to announce our $20M investment into Revv! In a world where 92% of new vehicles have Advanced Driver Assistance Systems (ADAS), Revv is solving a critical challenge for auto repair shops by transforming complex repair procedures into clear, actionable insights in seconds through its AI platform. With over 2,100+ repair locations already under its belt, the company is leading the modern revolution in auto repair.

And this is just the beginning. "Our vision extends beyond diagnostics," said Founder & CEO Adi Bathla. "We are committed to building a comprehensive 360-degree repair solution that serves shops of all sizes globally. By maximizing value at each location, we aim to help the entire repair industry navigate the increasing complexity of modern vehicles, ensuring safer cars and supporting repair shops to thrive in this new era."

https://t.co/VltsVVAzAU

[Left Lane Capital @leftlanecap]

@BusinessInsider featured @clerkieapp and @glossgenius among the 49 most promising US fintech startups transforming how we bank, invest, and pay in 2024. The list was compiled by 27 top investors — including Index Ventures, QED Investors, and Bain Capital Ventures – and included red-hot startups that haven't raised beyond a Series C.

https://t.co/Z4mysWUoGy

[Left Lane Capital @leftlanecap]

Left Lane Capital is proud to lead a $7.3M Series A funding round for Koltin, the first company in Mexico to offer private health insurance coverage to seniors. This investment will fuel the company's growth, allowing them to reach more families and continue innovating their care model.

Founded by Eduardo Ortiz Reynaga and Carmen Rosillo, Koltin was born from a personal mission to address a critical gap in the Mexican healthcare system. Since its launch in 2022, Koltin has gained thousands of satisfied customers. "Koltin [...] combines tailored care plans from a dedicated clinical team with personalized insurance coverage. Their proactive approach is not only addressing the needs of an underserved population, but also unlocking a significant opportunity to improve health outcomes and transform how seniors afford their care. We're excited to support them as they lead this important shift. " said @rahelschow, VP at Left Lane Capital, who led the deal and will join Koltin's board.

https://t.co/7rq5mSBggY

[Left Lane Capital @leftlanecap]

Thrilled to announce our $43M Series C investment into @SmartcatAI, an enterprise language AI platform. Smartcat's innovative AI solutions for translation and multilingual content generation are already transforming global operations and realizing significant ROI savings for over 1000 enterprise customers, including 20% of the Fortune 500.

This funding will accelerate Smartcat's expansion and development of AI offerings for global teams across L&D, marketing, localization, and more. Our Managing Partner @VPujji said: "Smartcat's leadership team has a solid track record of serving the enterprise translation market with a unique AI solution. As an early market mover, the company has a broad portfolio of customers and is uniquely positioned to compound the depth and quality of their product offering, continuing to lock-in competitive advantages over time."

We're excited to support Smartcat's mission to be the comprehensive enterprise language AI solution for global teams.
https://t.co/gl61N1cEYy

[Left Lane Capital @leftlanecap]

@BiltRewards is partnering with @Walgreens to tackle a $4 billion problem in healthcare spending. Did you know that billions in FSA and HSA funds go unused each year? Bilt's innovative solution aims to change that. Their new "Automatic Healthcare Savings" program will help customers easily use their FSA/HSA funds at Walgreens. The system automatically identifies FSA/HSA eligible items, allows one-click application of benefits, and lets customers earn Bilt points on purchases.

We're proud to see Bilt continue to innovate and expand its reach beyond rental rewards. Kudos to @ankurjain_2 and the entire Bilt team for this strategic partnership. We're excited to see what's next!

https://t.co/e9PW8BbVa2

[Left Lane Capital @leftlanecap]

Huge congratulations to our portfolio company @BiltRewards for securing $150M in new funding in a round led by Ontario Teachers Pension Plan, reaching a $3.25B valuation. 

Bilt is revolutionizing how renters earn rewards, and is now expanding beyond restaurants and fitness to include healthcare, groceries, and gas. With $30B annual spending and 21,000+ merchant partners, we're proud to be part of their journey in reshaping loyalty programs for renters.

https://t.co/3V9Zyupr54

[Left Lane Capital @leftlanecap]

Announcing our €10 million investment into Grand Master Magnus Carlen's and Jan Henric Buettner's new venture to revolutionize the professional chess world with the launch of Freestyle Chess, a high stakes global tournament series featuring the world's 25 Super Grand Masters (ELO ratings above 2725). 

Freestyle Chess maintains the core elements of traditional chess but with a twist: the back row is randomized. This setup is called Fischer Random and adds new strategic elements and unpredictability to the game, fostering a fresh era of competitive play. The prize funding for the tournaments has been set to $750,000 for each of the first three events, and $1 million for every tournament thereafter. 

Harley Miller, CEO and Managing Partner of Left Lane Capital, remarked, "Any time you have the best athletes in the world competing at the absolute highest standard of play, coupled with more avant garde storytelling and showmanship, you inherently will build something of great consequence. Freestyle Chess has the potential to become a mainstream sporting spectacle, akin to Formula 1, or ATP Tennis."

https://t.co/QUWonB2D0R

[Left Lane Capital @leftlanecap]

Pleased to welcome @hello_pearl, a global dental artificial intelligence company, to the portfolio. Left Lane led a $58 million Series B with participation from Smash Capital, Alpha Partners, Craft Ventures, Neotribe, and more. Pearl is already working with dental practices across six continents and offers their technology to millions of dental professionals worldwide.

“We have spent the past year evaluating this market and it is clear that Pearl stands above peers at the forefront of dental innovation. Pearl's pioneering dental Al improves diagnostic accuracy and efficiency while transforming the provider-patient relationship. We're confident in Pearl's ability to continue setting new standards of care and are thrilled to support their next phase of growth.” - @VPujji, Managing Partner at Left Lane Capital

https://t.co/fG5LxiH5io

[Left Lane Capital @leftlanecap]

Hear from our Managing Partner @VPujji on the @TurpentineMedia VC podcast about how tech investing has evolved throughout the last decade and how Left Lane Capital has embraced an investment philosophy focused on the internet and consumer tech space. Thanks for having us!

[Turpentine @TurpentineMedia]

In this episode of Turpentine VC, Managing Partner @VPujji discusses the strategic positioning and innovative approaches of @leftlanecap.

The conversation digs into the specialized data analysis that sets them apart from other investment firms.

Vinny also charts out the future of Left Lane and breaks down how he approached several of their investments including ChargeBee, Astrotalk, Takai Tree, and more.

--

TIMESTAMPS:
(00:00) Intro
(00:34) Left Lane's Market Positioning
(01:18) Evolution of Tech Investing
(03:49) Third Order Data Analysis
(08:12) Identifying Unique Companies
(11:48) Investment Strategies and Examples
(15:00) SPONSORS: CommandBar | Warp
(22:37) Fund Construction and Team Dynamics
(27:02) Empowering Junior Team Members
(27:46) Navigating the Investment Funnel
(28:44) Challenges and Strategies in Investment
(30:37) SPONSOR: Squad
(32:04) Future of Left Lane and Asset Class
(37:13) Chargebee: A Success Story
(42:39) Investment Risks and Customer References
(49:40) Final Thoughts and Lessons Learned

[Left Lane Capital @leftlanecap]

Kudos to our portfolio companies @kittldesign and @yokoy_ai for being featured on the EMEA B2B SaaS Rising 100 List by @Siftedeu!
https://t.co/qrNUnk8LMj

[Left Lane Capital @leftlanecap]

Congratulations to Fetcherr for securing $90 million in Series B funding led by @BatteryVentures. With major clients like @WestJet, @VirginAtlantic, and @azulinhasaereas already on board, Fetcherr is revolutionizing the airline industry through its AI-driven market engine, helping carriers forecast demand, generate optimal dynamic pricing, and support real-time revenue generation.

Kudos Roy Cohen, Robby Nissan, and the entire Fetcherr team - we can't wait to see what heights you'll reach next!

https://t.co/JBJNnaTStF

[Left Lane Capital @leftlanecap]

@leagueonevb scores big! Our portfolio company just landed a major multiyear partnership with @adidas.

The deal makes Adidas the official outfitter for LOVB's new professional women's volleyball league, launching in November across six U.S. markets. Adidas will also outfit select LOVB junior clubs this year, expanding to all of LOVB's 14,000+ youth athletes across 22 states in the coming years. The two will collaborate on re-envisioning volleyball uniforms and footwear tailored specifically for female athletes. "We were looking for a partner that shared our vision and dream, and Adidas does that,” said Rosie Spaulding, COO of LOVB Pro. “We’re being intentional about how we build for the specific needs of women athletes, and they are keen to collaborate directly with our athletes to discern real performance insights [...]"

We're excited to see LOVB's continued momentum in partnership with an iconic brand like Adidas. This is a major milestone for their mission to elevate volleyball and provide more opportunities for female players.

https://t.co/Atswiu7STE

[Left Lane Capital @leftlanecap]

A round of applause to our portfolio company @Talkiatry for raising $130 million in Series C funding led by @a16z! This is a testament to Talkiatry's approach to providing high-quality, in-network psychiatric care.

With Americans struggling to access affordable, effective mental health treatment, Talkiatry is paving the way by partnering with major health insurers. In just a few years, they've conducted over 1 million patient visits across 43 states, tackling the two biggest issues in mental health: accessibility for patients and reducing healthcare payer costs.

Kudos to Robert K., Georgia Gaveras, DO and the whole Talkiatry team - the future of behavioral healthcare is looking brighter!

https://t.co/CgNC0Tm2Yc

[Left Lane Capital @leftlanecap]

Kicked off NY Tech Week by @a16z with a bang! We loved hosting the "Growth Unlocked" breakfast panel focused on high-impact growth strategies for consumer brands with @greycroftvc and @Braze.

We heard from Bill Magnuson (Co-Founder & CEO, Braze), Ian Sigalow (Co-Founder & Managing Partner, Greycroft), and Dan Ahrens (Managing Partner, Left Lane Capital) in an engaging dialogue moderated by Meaghan Casey from @awscloud. They discussed the growth levers and frameworks powering today's fastest-growing consumer companies and how to combat rising costs and complexities of customer acquisition by maximizing customer lifetime value.

[Left Lane Capital @leftlanecap]

Congratulations to Peter Sullivan and the @Jackpocket team on this incredible milestone!

“The completion of the acquisition represents an exciting new chapter for Jackpocket and DraftKings alike,” said Peter Sullivan, CEO of Jackpocket. “Together, we are confident that we will be even more capable of helping lotteries fulfill their mission of delivering revenue back to the beneficiaries they support. DraftKings’ proven reach and cutting-edge mobile platforms will continue to allow us to drive growth and innovation in the digital lottery vertical.”

We're proud to have backed Jackpocket and look forward to following its onwards journey! Read more here: https://t.co/0p2LuoKwF6