January 2018 Updates from Teamworthy Ventures

New Investments

We are proud to continue to support CEO Richard Price and the entire Academia team in San Francisco, CA. With over 59,514,294 academics, Academia is the easiest way to share papers with millions of people across the world for free. A study published in PLOS ONE found that papers uploaded to Academia receive a 69% boost in citations over 5 years. Join Academia to browse and upload papers or view open positions on the Academia team

We are equally proud to continue to support CEO Bryan Burkhart and everyone on the Worksmith team in Austin, TX. Worksmith is the free, easy way to find, schedule, manage, and pay local service providers. Offering 25+ service lines, Worksmith serves commercial tenants in retail, spas/salons/fitness, healthcare, restaurants/cafes, property management, franchises, and more. Join Worksmith for free, request a demo, or view open positions on the Worksmith team

Teamworthy Career Opportunity

We are seeking a new Associate to join our investment team at Teamworthy Ventures. We welcome and are grateful for your introductions to talented and trustworthy candidates. A complete job description and application instructions are available on our website.  

Why should I apply for a position as an Associate at Teamworthy Ventures?
The best reason is that you enjoy anticipating ways to help others flourish and thrive in their work. You should enjoy reading, writing, and speaking with others about their ideas, projects, opportunities, and challenges. You should be interested in pursuing personal and team excellence in the work described here.

January 2018 Updates from Our Entrepreneurs

SeatGeek enters the big four leagues with deals with the New Orleans Saints and Pelicans. Is there more to come? - After previously signing deals with Major League Soccer and several of its teams, the company and its mobile-focused SeatGeek Enterprise platform last November signed its first NFL and NBA primary deals with the New Orleans Saints and Pelicans. Both agreements will take effect this fall. SeatGeek, backed by more than $150 million in venture capital and last year’s purchase of Israeli ticketing software company TopTix, intends to pick up more agreements in the big four of North American sports leagues as individual team deals expire. “We’re confident this is just the beginning of a movement across the industry,” said SeatGeek co-founder Russ D’Souza. Learn more about SeatGeek Enterprise

Izzo’s Illegal Burrito Group Rolls with Toast - "Having used a legacy POS since inception, we decided a cloud-based system was the right choice to help us continue to scale and serve delicious burritos, pizza and more to our loyal customers,” said Ozzie Fernandez, co-founder and CEO at Izzo’s Illegal Burrito Group. “Toast stood out as a partner that will lead innovation in the restaurant technology industry for many years to come." Toast restaurant POS system offers advanced functionality to manage the day-to-day operations of the restaurant, including quick menu modifications, real-time enterprise reporting and labor management on an easy-to-use interface. The platform also features revenue-driving tools including physical and digital gift cards, loyalty programs, and online ordering. “We’re thrilled to welcome Izzo’s Illegal Burrito Group to the Toast family,” said Aman Narang, president and co-founder at Toast. “Izzo’s, much like Toast, strives to deliver nothing but the best to its customers. We look forward to being part of the Izzo’s Illegal Burrito and LIT Pizza guest journey for years to come.” Request a demo of Toast's all-in-one restaurant POS

Virtru and SoftBank Bring Easy-to-Use Data Protection to Japanese Enterprises - “Virtru is SoftBank’s go-to data protection solution,” said Kunihiro Fujinaga, Vice President, Enterprise Business Strategy Division at SoftBank. “By providing Virtru to our customers, we believe we can accelerate the move to the cloud by allowing Japanese organizations to easily protect and control sensitive data no matter where it is shared.” By enabling customers to manage access to their encryption keys and maintain exclusive control over where they are stored, Virtruprovides an easy way for organizations around the world to meet data residency and other privacy requirements while using U.S.-based cloud providers like Microsoft, Google, and Amazon to share and store sensitive data. SoftBank’s excitement represents the growing need for easier data protection options like these for international companies. Virtru will continue its global expansion throughout 2018, building on key enterprise wins in Europe, South America, and Asia Pacific. “SoftBank and Virtru share a vision that easy-to-use data protection and access control are critical capabilities for enterprises moving to the cloud,” said John Ackerly, Chief Executive Officer at Virtru. “As we bring our products to rapidly growing markets around the world, we couldn’t imagine a better partner than SoftBank." Contact the Virtru team to learn more

How Ibotta Is Helping Every Day Consumers Save Time And Money - Ibottastarted out by providing rewards for everyday purposes in physical stores like grocery, mass and club store environments. And over time, Ibotta expanded outside of the grocery space into other big box environments with partners like Best Buy, JoAnn Fabrics and Hallmark. And more recently, Ibotta launched cash back rewards for online and mobile purchases so consumers can now start with Ibotta and earn rewards whenever they hail an Uber, book a hotel on Hotels.com, download a song or movie on iTunes or get food or alcohol delivered. Plus, Ibotta users can earn rewards for regular purchases on Amazon, Walmart.com, Jet.com and many other websites. What are Ibotta’s future goals? “To become the preferred, single starting point for all shopping decisions on your mobile device. And to do this not only in the U.S. but around the world. To fulfill our mission of saving everyday consumers time and money -- two of their most precious resources,” Ibotta CEO Bryan Leach concluded.  Learn more about partnering with Ibotta

A new way emerges to cover college tuition - Last fall, Point Loma Nazarene University began offering some of its 4,500 students money to pay for college in exchange for a percentage of their future earnings. The model, known as an income share agreement, requires colleges and students to take a chance on each other, a shared responsibility that attracted Point Loma. “It sends a message to the student that we’re in this with you,” said George Latter, vice president of finance and administrative services at Point Loma. “And unlike a grant, you have the prospect of these funds coming back in and creating a revolving form of financing.” Income share agreements, commonly called ISAs, have generated a lot of buzz since Purdue University introduced its program in 2016. Several private colleges are exploring income shares, according to Vemo Education, a Reston, Virginia, financial services firm that helps create the contracts. In the last month alone, Lackawanna College in Scranton, Pennsylvania, and Clarkson University in Potsdam, New York, have entered the market. Learn more about how Vemo Education can help your college or university

LAANC Digital Airspace Authorization Makes its Debut for Third Party Developers - Any developer can start offering digital airspace authorization to their customers with LAANC Deep Linking today. Integration is quick and easy – just like requesting digital authorization! It’s the perfect time to integrate LAANC Deep Linking because the FAA is taking the program nationwide in 2018. Beginning in April, the LAANC prototype will expand into a national beta. By the end of the year, more than 500 towered airports across the United States will begin offering LAANC authorization. With more airspace open for business in the U.S., the AirMapcommunity will have more opportunities to build drone businesses and fly missions for real estate, insurance, inspections, construction, and more. Get started with Automated Airspace Authorization for Developers

Toast Issues 2017 Year in Review: Boston is the best tipping city in the U.S., LA is city most likely to tip - In 2017, Toast and its customers saw the most popular food and drink items:

  • 21,028,863 million pizzas tossed
  • 14,325,884 million burgers grilled
  • 8,959,298 million tacos folded
  • Budweiser, Sam Adams, and Toast customer Harpoon Brewery

View the full 2017 Year in Review

Introducing RaiseMe Micro-Scholarships for Transfer Students - Students in the Florida College System hoping to transfer to FIU will now be able to earn scholarships from FIU well before application time, as a result of FIU’s newest transfer student success initiative in partnership with online college preparedness platform RaiseMe. Beginning Jan. 30 through RaiseMe, community college students can earn incremental “micro-scholarships” for strong academic performance, extracurricular activities and other achievements that put them on track for a successful transfer to FIU. Since 2015, FIU has offered high school students the ability to earn micro-scholarships on RaiseMe for academic excellence and extracurricular involvement. More than 100,000 high school students across the state of Florida are currently signed up for RaiseMe, with high school seniors earning an average of $5,300 toward their FIU tuition. Nationwide, more than one million students have earned micro-scholarships for college on RaiseMe and more than 275 colleges currently host programs on the platform. Learn more about how RaiseMe can help your college or university

How Boxed CEO Chieh Huang Makes Quick Decisions - In 2013, when Chieh Huang and his co-founders, Christopher Cheung, Jared Yaman, and William Fong launched bulk grocery e-commerce startup Boxed from his parents' garage in Edison, New Jersey, he says he had no boundaries or strategies in getting things done."I was doing everything at all times of day--emailing constantly, trying to juggle my job, my life," says Huang, who is now married with two children. "But now I compartmentalize my time. As I got older, I finally understood how time is a finite resource and I need to focus on what I'm doing." Become a Boxed retailer or vendor partner

5 Things holding your lab back from success - What is a successful lab? Some may argue that a well-funded lab is a successful one. Others may say that frequent publications define success. Happy students, researchers, and employees. Cutting edge research. Patents. World Impact. No matter how you define true success, sciNote ELN and Quartzy have teamed up to help you address 5 major aspects that might be holding you back and describe how software can help you out. Get a demo of Quartzy's lab management software today

Lively Rated #1 HSA Provider - Why is Lively the #1 rated HSA provider on HSASearch.com? (1) Pricing – Lively is free for individuals. We never charge any hidden fees or closing costs like other providers do. It’s direct and very easy to remember. (2) Investment Options – You can choose to add investments, through TD Ameritrade, to your Lively HSA for $2.50/month. You can select the investments that work best for your risk and growth strategies. This includes individual stocks, bonds, CDs, over 250 commission-free ETFs, and more than 13,000 mutual funds offered by TD Ameritrade. (3) Ease of Use – It takes 5 minutes to sign up. Lively is 100% paperless. We have a dedicated customer service team, to answer all of your questions. You can email, call or chat with us. You likely won’t need to contact us, but if you do, we make it easy. Learn how to offer a Lively HSA to your team

Factual CEO Gil Elbaz on The Need for ‘Neutral’ Data and What it Means for Marketers - Recently, the neutral data category has gone from a misunderstood and underappreciated concept to a growing necessity in the martech ecosystem. An increasing number of companies today are partially or fully re-orienting themselves around the new neutral data model, especially in marketing. There are two ways a company can approach their data and media strategy — purchase media pre-bundled with data, or purchase data independently from media. Those who want transparency and control of the data tend to go with the former and those who prefer the simplest one-stop solution tend to go with the latter. Below, we outline the pros to each approach. Contact the Factual sales team to learn more

SidelineSwap to Award $3K in Scholarship Funds to Student Athletes Who Show Passion for their Sport - Most American families spend between $100 and $499 per month on sports for their kids. Sports like lacrosse, hockey, golf and skiing have always had a high cost barrier to entry, often leaving aspiring athletes unable to pursue their passion. SidelineSwap, an online marketplace that makes it easy to buy and sell sports gear, announces its second annual Gear For a Year Scholarships, offering six $500 scholarships to student athletes to purchase gear for their upcoming season. Applications are open until February 1 and the winners will be announced on March 1, 2018. 

MM Employees Share Their Career-defining Moments - The mentor you met at your first job. The gut feeling that led you to take a chance on an opportunity in a new field. The time you said “yes” to a project even though you had no idea what you were doing. What seem like small moments in real-time sometimes turn out to be game-changers. Below, a few MM.LaFleur team members look back at their career-defining moments. (And in the spirit of paying it forward, we’ve partnered with Bottomless Closet to donate clothing that will help jump-start other women’s careers.) Start a Bento at MM.LaFleur

Ta-Da! Feast Your Eyes on Our Newly Expanded Food52 Office - The expanded space has a new test kitchen where we’ll test even more recipes and conduct so many of our photo shoots. It’s got floor-to-ceiling cabinets where we can store all of our props (and handy open shelving where we can keep our most-reached-for styling pieces). It’s got editing bays, where our video editors can spread out and make their magic. It’s got a shipping station so we can send you the things you love from our Shop and store an endless supply of packing tape. And it’s got so much (and much-needed) shelving, so we can finally have a place to organize all of the product samples we’re constantly evaluating. 

Galvanize Names Alfonso Rosabal as CEO - "I am extremely excited to be joining Galvanize to help lead the company through its next phase of growth and to fulfill on the promise of providing individuals and companies with opportunities to excel in technology education and innovation," said Rosabal. Prior to Galvanize, Al joined NCMI in 2010 as Chief Technology Officer and later became Chief Operations Officer, during which he led go-to-market strategies, technology, engineering, operations, media operations, affiliate management and digital products. Hire Galvanize graduates at your company

Join Atlas Obscura on a trip to Newfoundland - Join Atlas Obscura for a week full of adventure, storytelling, and windswept landscapes. We'll visit three of Newfoundland's most unique and historic locations: its capital of St. John's, the port town of Harbour Grace—one of the oldest towns in North America—and Bell Island, a place brimming with natural beauty, local legends, and lore. View more Atlas Obscura Trips

Take your winter training to the next level - Use BridgeAthletic and EXOS’ movement library and pre-built training blocks to customize your training programs. Save 50% for two months with code EXOSEDU18.

Job Opportunities in Our Network


iOS Engineer at SeatGeek

Data Scientist at SeatGeek

Senior Software Engineer at Toast

Software Engineer at MealPal

Android Engineer at Ibotta

Security Lead at Virtru

Full Stack Engineer at Academia.edu

Software Engineer at Worksmith

Software Engineer at Quartzy

Senior Mobile Engineer at Academia.edu

Platform Engineer at Ibotta

Full Stack Software Engineer at Lively

Security Compliance Engineer at Virtru


Director of Content Marketing and Social Media at Ibotta

Acquisition Marketing Lead at MealPal

Director of Public Relations at Ibotta

Director of User Acquisition and Growth at Ibotta

Senior Social / Content Marketing Manager at Toast

Senior Paid Marketing Manager at Toast


Director of Client Partnerships at Ibotta

Director, Sales -- West Coast at Atlas Obscura

National Partnerships Executive at MealPal

Sales Operations Representative at Toast

Territory Account Executive at Toast

Account Manager at Worksmith

Outside Sales Executive at MealPal

Sales Enablement Associate at Ibotta

Account Executive at BridgeAthletic


Senior Product Manager, Search at Ibotta

Head of Product at MealPal

Product Manager at Toast

Senior Product Manager at Academia.edu

Product Manager at SeatGeek

Stephen Schmalhofer