June Update from Teamworthy Ventures

G2 + Siftery = G2 Track

Now, in addition to helping you find the right software, G2 can also help you optimize your SaaS spend — before and after you buy. 

G2 CEO Godard Abel: "Anyone who wants great software to perform at their best, from intern to CEO, should be able to quickly discover, buy, and manage the best technology for their business. G2 Crowd has become known as a place where you can discover and buy great software. With the acquisition of Siftery, we're now able to help businesses manage their investment and use of software."

If your team is interested in learning more about G2 Track, please contact us. We would be glad to connect you to the G2 team for a demo. 

Recent News from Our Entrepreneurs

Toast Introduces Payroll & Team Management for Restaurants - Toast, the fastest-growing restaurant management platform in North America, unveiled Toast Payroll & Team Management, an all-in-one payroll and HR solution built specifically for the restaurant industry. The new solution simplifies payroll and employee management for restaurants of all sizes by automating payroll, streamlining onboarding, and reducing compliance risk. When combined with Toast Point of Sale, Toast Payroll & Team Management’s point of sale integration enables restaurateurs to instantly onboard and manage employees, accurately track hours across locations, and ensure their team is paid both accurately and on-time. “We used to spend over 10 hours per week managing payroll and auditing hours worked for our team of more than 250 employees,” says Kevin McTigue, Senior Finance Manager at Protein Bar & Kitchen. “With the addition of Toast Payroll & Team Management, we reduced the time spent on payroll runs by up to 60 percent. In addition, we streamlined onboarding and eliminated paperwork so our front-line managers can focus on developing their teams and delivering a great guest experience.” Join the Toast team

SeatGeek Hires Former Tumblr and New York Times Exec Brian Murphy as CTO - Mobile ticketing platform SeatGeek announced the hiring of Brian Murphy as Chief Technology Officer. He will lead the company's domestic and international engineering teams, and oversee the development of product and technology across its primary ticketing partners, from the Dallas Cowboys and Manchester City Football Club to London's L.W. Theatres. “Brian is an incredible leader and team-builder who has overseen engineering teams for some remarkable companies,” said Jack Groetzinger, CEO and co-founder of SeatGeek. “He is a perfect fit for this role at SeatGeek and embodies the values we hold -- he loves building great products, is humble yet aggressive in how he approaches opportunities, and is focused on creating experiences live event fans will love.” Join the SeatGeek team

Capsule in the New York Times - Dr. Seth Finkelstein, an obstetrician-gynecologist in Manhattan who has become frustrated with traditional pharmacies, has been suggesting Capsule to his patients. “Every time a patient calls me telling me a prescription can’t be filled, or I have to call insurance for preauthorization, that’s my time or my staff’s time, and that’s money and time diverted to taking care of other people,” he said. “The pharmacy should be taking care of this.” Capsule’s “insurance specialists,” who help doctors with preauthorizations, are better at dealing with insurance companies than the pharmacists at chain stores, Dr. Finkelstein said. Join the Capsule team

Sheffield United tap SeatGeek as ticketing partner - English soccer side Sheffield United have appointed SeatGeek as the club’s official primary ticketing partner on a multi-year deal. The Blades, who were recently promoted to English soccer’s top flight, elected to choose SeatGeek due to the ‘power and flexibility of the SeatGeek SRO platform both online and in the back-office.’ The club have launched their 2019/20 season ticket campaign on the SeatGeek platform, with a record number sold. Half of these have been processed via the club’s new online ticketing platform. Stephen Bettis, chief executive at Sheffield United, said: “We are delighted to have launched the first phase of our new ticketing solution rollout with SeatGeek utilizing the system to help facilitate one of our most successful rounds of season ticket sales. “We selected SeatGeek after an extensive review of the ticketing marketplace and it was hard not to be impressed with the levels of functionality on offer.” Join the SeatGeek team

New Acquisition Makes G2 Review Management Faster & Easier Than Ever - With Advocately, G2 now offers features that help businesses engage their customers to write trusted, quality reviews, all while making it easier than ever to monitor collection on review sites and respond to consumer feedback as well. Advocately helps companies automate the collection of authentic customer reviews by linking into a company’s CRM or communication platform. The platform then collects reviews on G2 and virtually any other site relevant to your business. “My co-founder/CTO, Lachlan Priest, and I couldn’t be more excited to join G2! We’re here to help B2B marketers around the world grow and connect with their customers through reviews -- faster than ever before.” --Patrick Barnes, co-founder/CEO. Join the G2 team

Santa Monica College Launches Micro-Scholarship Program with RaiseMe- The new RaiseMe Micro-scholarship Program allows students to begin earning scholarships directly from the four-year institution they plan to transfer to, officials said. The program -- which is a pilot for Southern California -- is being launched in partnership with Loyola Marymount University (LMU), a top SMC transfer destination. "The RaiseMe platform compliments our efforts so it just made sense for SMC to help pilot the program in Southern California,” said Dr. Janet Robinson, SMC Transfer Center faculty leader. “The number of RaiseMe partners offering micro-scholarships to community college students will continue to grow over time, so we're excited for what the partnership will mean for SMC students.” Participating students are rewarded with incremental “micro-scholarships” for their strong academic performance, involvement in extracurricular activities and other achievements, officials said. Students, for example, earn $125 for each “A” earned in a 100-level course, $100 for each leadership position in an activity (up to $200 per year) and $200 for being a member of Phi Theta Kappa. The money a student accrues "represents a guaranteed minimum of financial aid that they would receive upon applying and being accepted to a participating school." Join the RaiseMe team

Chanticleer Holdings Partners with 7shifts to Streamline Best Labor Practices - Chanticleer Holdings, Inc. (NASDAQ:BURG), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that it has partnered with 7shifts to streamline best labor practices across its entire organization. 7shifts is the restaurant employee scheduling solution used by over 250,000 restaurant pros across North America, Europe, the Middle East and Australia. 7shifts is used by growing multi-unit restaurant groups including Bareburger, Honeygrow, Smoke’s Poutinerie, YogurtLand, Juice It Up!, and many others. Fred Glick, Chanticleer Holdings President stated, “As more than a scheduling platform, 7shifts helps empower our restaurant managers to optimize their workforce to better manage employees, resulting in anticipated reduced labor costs.” Glick continued, “This partnership builds atop of recent others, all specially designed to implement best practices while leveraging best in class technologies to gain efficiencies and increased sales and profits.”  "We are excited to be partnering with the team at Chanticleer Holdings to streamline best labor practices across their organization. We look forward to working closely with their team to help boost operating efficiencies through our industry-leading labor and staff engagement platform", added Jordan Boesch, 7shifts CEO.  Join the 7Shifts team

WireWheel and Virtru Partner to Protect Integrity and Privacy of Personal DataVirtru helps organizations protect their data when sharing it, both internally and externally. The data protection platform provider fosters secure collaboration with persistent encryption and access and revocation controls to ensure privacy. Its distributed architecture means organizations can host their own encryption keys, giving them total access control, rather than blindly trusting third parties. "As part of privacy operations, any communications regarding personal data within companies or between companies and consumers demands a high degree of security," said John Ackerly, CEO of Virtru. "By joining forces, WireWheel and Virtru help companies stay productive and gain value from their data while reducing their risk. This partnership enables us to integrate more closely with WireWheel to deliver the kind of solutions our customers require." Join the Virtru team

AirMap Supporting NASA and FAA UTM Research Projects - With U-space trials heating up across Europe, the AirMap team has also been busy with several exciting drone demonstration projects throughout the United States. We are proud to have been selected recently as a program partner for both NASA’s TCL4 trials in Texas and Nevada as well as the FAA’s UAS Traffic Management Pilot Program (UPP) at Virginia Tech. In both programs, AirMap is providing a comprehensive, real-time view of the airspace to help manage drone traffic in complex real-world scenarios. At the same time, work continues on existing demonstration partnerships across the country, where AirMap is partnering closely with regulators, safety organizations and other UAS Service Suppliers (USS) on collaborative activities. The results from these trials will help inform how the U.S. government can best enable safe and scalable drone operations in low-altitude airspace. Join the AirMap team

Boxed Partners With Grocery Chain Lidl - Boxed, the digital retailer known for bulk sizes and just 1,600 products in its online store, will now license pieces of its end-to-end technology to its first grocer. The startup now offers delivery to Lidl customers in parts of both New York and Georgia, as it tests out a partnership with the fast-growing chain. Boxed customers in those areas will now also have access to fresh meat and produce delivery for the first time. Join the Boxed team

eCapital Advisors Partners with OpenGov - eCapital Advisors, one of the nation’s largest advanced analytics and performance management firms has announced a partnership with innovative cloud software provider OpenGov. OpenGov is the only integrated cloud solution for public sector budgeting, performance, communications and reporting. The software helps government agencies of all sizes (including cities, counties, special districts, states, and schools) streamline their budgeting processes, execute management reporting and performance metrics, do workforce planning, and share information with their communities and collect feedback. “We are excited to partner with OpenGov, giving our government, education and other public sector clients a cloud-based solution designed just for their needs,” said eCapital Partner, Lisa David. “Whenever we can deliver technology that enables our clients to save time, access their data quicker, free up budget and communicate with key stakeholders more effectively – then we’ve been successful.” Join the OpenGov team

You Can Stash More Cash in This Tax-Free Account Next Year - The annual contribution limits for health savings accounts keep climbing. After raising the limits for 2018 and for 2019, the IRS announced this week that it will raise them again for 2020 to account for inflation. The new limits are $3,550 for someone with self-only health insurance coverage (up from $3,500 for 2019) and $7,100 for someone with family coverage (up from $7,000 for 2019).This is great news for anyone who is eligible to use an HSA, as this type of account offers a combination of tax-reducing features that is unrivaled, even by tax-advantaged retirement plans like 401(k)s or individual retirement accounts. An HSA is an account into which you can deposit a certain amount of money each year to reimburse yourself for eligible medical expenses. You also may be able to use an HSA as a savings account or an investment account, depending on the account custodian. (Money Talks News partner Lively is an example of an HSA custodian that gives account holders the option to invest the money they put in their HSA in mutual funds and other similar types of investments. However, not all custodians allow account holders to invest.) Join the Lively team

Factual Partners with Airship and Braze to Power Location-Based Mobile Marketing - Location data firm Factual is hooking up two of mobile marketing’s top tech firms with its Location Engine SDK, the company announced this morning. The partnership will enhance Airship and Braze’s efforts to furnish clients with precise mobile messaging based on the location of the customers they want to reach. Airship and Braze help brands engage their customers, retaining their business and ideally driving them back in-store. Airship rebranded, dropping the Urban from its name, last month. Factual’s SDK transforms reams of location data into comprehensible information, including audience segments that marketers can easily target for maximally effective campaigns. Targeted campaigns tend to be more effective than one-size-fits-all, spray-and-pray mobile messaging, and location is the most valuable data layer on the market. Join the Factual team

Major Brands Sign On to Ibotta's New Mobile Payments Option - Ibotta, an app in which mobile users earn cash rewards, has expanded their services to include a payment feature called “Pay with Ibotta.” Ibotta, downloaded 30 million times since 2012, has delivered $525 million in rewards to its users. Pay with Ibotta is expected to expand their user base. Smartphones have become a part of the retail experience, even for in-store shoppers, and this has led to a significant rise in and ease of mobile payments, which are expected to reach $3.7 trillion by 2024. Young consumers, in particular, are comfortable with cashless transactions. According to a recent study, almost one-quarter of consumers under 40 make mobile payments daily. Consumers over 40 have been slower to catch on. “No matter how people shop or what they buy, our mission at Ibotta is to make every purchase rewarding,” said Ibotta Founder and CEO Bryan Leach. “I’m proud to introduce Pay with Ibotta and give our savers another opportunity to earn cash rewards and save on their entire purchase, instantly.” Join the Ibotta team

MealPal offers affordable lunch options for Baruch students - Finding affordable options for lunch is a struggle at Baruch College, which does not have a cafeteria or offer meal plans. While some students bring their own lunch, most students prefer the fastest and cheapest options that are closest to Baruch. MealPal is an app that essentially works like a meal plan that allows its users to choose their meals from various restaurants. The “kitchen” is open between 5 p.m. and 10:30 a.m., meaning that users have the afternoon the day before and the morning of order their meals. Most restaurants allow users to pick up meals starting at 11:45 a.m. or noon. Customers are asked to scan their code from the MealPal app in order to pick up their meal. The prices vary according to the number of meals you have in your plan — the options are 12 or 20. Discounts constantly change based on different marketing strategies or timed offers— for instance, if users sign up with their emails for the first time you usually get a 40 percent off. Join the MealPal team

Career Opportunities in Our Network

Engineering

Android Engineer at Ibotta

Director of Engineering at OpenGov

Senior Software Engineer at RaiseMe

Software Engineer at Worksmith

Senior Front End Engineer at Capsule

Senior Software Engineer at Ibotta

Software Engineer (SG Open) at SeatGeek

Software Engineer at Imagen

VP of Data Science at Slice

Senior Mobile Engineer at Academia.edu

Platform Engineer at Ibotta

Full Stack Developer at Renoviso

Senior Engineering Manager at OpenGov

Engineering Manager at 7shifts

Avionics Hardware Development Engineer at Reliable Robotics

Flight Operations Engineer at Reliable Robotics

Software Engineer at Reliable Robotics


Mechanical Engineer at Reliable Robotics

Marketing

Director of B2B Marketing at RaiseMe

Director of Brand Marketing at SeatGeek

Director of Customer Marketing and Field Marketing at OpenGov


Director, Product Marketing at Ibotta

Head of Marketing Analytics at Slice

Senior Field Marketing Manager at Virtru

Content Marketing Manager at Lively

Associate Manager, Product Marketing at AirMap

Sales

Head of Sales Operations at SeatGeek

Doctor Partnerships Manager at Capsule

Account Manager at Worksmith

Sales Manager at Renoviso 

Partner Success Associate at RaiseMe

Account Executive at BridgeAthletic

Product

Director of Product Management, Shopper Experience at Ibotta

Product Manager - Primary Ticketing at SeatGeek

Principal Product Manager at Slice

Product Manager at G2 Crowd

Senior Product Manager at Academia.edu

Business Systems Lead at Remind

Operations

Head of Logistics at Capsule

Director, Business Operations at Ibotta

Senior Accountant at 7shifts

Marketplace Operations at Worksmith

Business Operations Associate at RaiseMe

Operations Associate at MealPal

Stephen Schmalhofer