October 2021 Investor Update

We had an exciting Q3 at R1V, during which we doubled the size of our portfolio (from 6 to 13 investments) and witnessed two of our six initial investments make significant strides toward their next major fundraise.

Highlights:

• During Q3 we invested in the following seven companies, each of which is working on transformational products in their respective industries:

  • Zensors — Google analytics for the physical world [Data Analytics; SaaS]

  • Banner — The operating system for commercial real estate teams, with paid pilots at major industry players [Commercial Real Estate; SaaS]

  • Hyperlinq — Bloomberg terminal for cryptocurrency traders [Cryptocurrency; Data Analytics; SaaS]

  • Playhouse — Tiktok for real estate [Residential Real Estate; Social]

  • Datlo — Helping major brands (e.g., Cargill, InBev) increase sales and expand geographically using demographic data [Data Analytics; SaaS]

  • Nomod — Square without the hardware for international merchants [Fintech; SaaS]

  • Hypercontext — Making meetings more effective by tying them back KPIs and OKRs. [Productivity; SaaS]

• Two of the six companies we invested in during Q1 have shown incredible growth and have made significant progress toward a Series A

  • Resquared — Marketing automation platform for selling to local businesses [Data Analytics; Sales & Growth]

    • Surpassed $1,000,000 annual recurring revenue

    • Raised additional $1.6M bridge round to carry through to Series A

    • 10% month-over-month growth through Q3

    • Low churn, with promising signs of growing expansion revenue

  • Phoenix — Canada's digital health clinic for men [Healthcare; D2C eComerrce]

    • Surpassed $1,000,000 annual recurring revenue 

    • Expertise in content marketing resulting in significant organic growth

    • Plans for Series A in H1 2022

As 2021 comes to an end, we have already reviewed close to 1,000 companies for Route 1 Ventures in under 7 months. We are seeing success from the portfolio and are very excited for the future.  If you have any questions or any ways you might be able to help R1V or our portfolio companies please let us know.  We are always free to schedule a call and will be in touch periodically as things progress with R1V and your portfolio.