Footwork Venture Capital is a venture capital firm that specializes in investing in early-stage technology startups. The company provides funding, mentorship, and strategic support to entrepreneurs with innovative solutions in various sectors such as software, healthcare, and fintech.

We lead and co-lead Series A and Seed rounds, in companies with early signs of product-market fit. We focus on consumer technology and the consumerization of enterprise technology. We're inspired by founders, and wake up every day excited to get to work with teams building the next generation of category-defining companies.

Our equal partnership combines world-class investing and operating experience.

More on our firm and our $175M first fund in our announcement here from April 2021: https://nbt.substack.com/p/footwork

Footwork

We've raised $13.5M USD to power the future of brand marketing 🚀

We simply cannot contain the fizz any longer – we're super excited to announce our Series A led by US VC firm Altos Ventures, with support from Footwork. 

Marketing and product legends Lenny's Newsletter Founder Lenny Rachitsky, Allbirds Co-Founder Tim Brown and frank body Co-Founders Bree Johnson and Jessica Hatzis have also invested in the round.

“Tracksuit has created a simple, beautiful solution to a very real problem, and we’ve heard from many customers who love the product,” Altos Ventures Managing Director Anthony Lee said. 

“Tracksuit has exceptional signs of product-market fit," Footwork Co-Founder and General Partner Mike Smith said. "Not just as a company based in New Zealand, but compared to others around the world." 

We'll be using this capital to continue building the world’s best brand tracker, while supercharging our growth into the US and UK. 

A huge thank you to our customers, investors and partners who are helping us build the future of brand marketing! 

Read the full story 👉 https://hubs.li/Q02mryX90

Delighted to announce Footwork's investment in Tracksuit, building brand tracking software so that businesses can easily track their brand health. The company is based down in New Zealand and has built a special culture led by co-founders Connor Archbold and Matthew Herbert. 

We co-led the Series A with Altos Ventures, with Blackbird, Icehouse Ventures, Shasta Ventures, Lenny Rachitsky, Tim Brown participating. Mike Smith has joined the board as an observer alongside Anthony Lee and Samantha Wong. At a personal level, this is the first company I've been involved with down under since investing in Canva's Seed round in 2014.

🎉 It's official – we’ve raised a $12M Series A. We’re stoked to be partnering with new leads Kin Ventures and Contrary while deepening our relationship with the team at Footwork.

Power started with a mission to reimagine trial recruitment with the patient at its core, and to do something about an outdated system that wasn’t serving anyone effectively.

At Power, we’re making it easy for patients and researchers to connect, and data tells us our product is working:

🌐 Over 600,000 patients used Power to discover trials in the last year
🌈 40% of these patients are non-white
💪 A staggering 90% of these patients were previously unconnected with existing research sites 

We’re excited to celebrate these achievements and many more. Yet, the most impactful milestones are the empowering stories we hear from patients weekly, who have found hope in situations once deemed hopeless.

Looking ahead, we're committed to making it easier than ever for all key stakeholders - patients, researchers, and trial sponsors - to connect, and setting a new standard for the clinical trial industry at large.

Thank you to everyone who has been a part of this journey. The support we've received over the past 2 years has been nothing short of inspiring.

And finally, a shout out to some of our awesome investors who we are partnering with on this round:

Nikhil Basu Trivedi and Mike Smith at Footwork
Tina Hoang-To at Kin Ventures
Megan Kao, Eric Tarczynski and Kyle Harrison at Contrary
Daniel Rumennik and Lenny Rachitsky at AirAngels
Vasudev Bailey and Stuart Peterson at ARTIS Ventures
Harry Stebbings, Casey Winters and Rob Schutz at 20Growth
Ryan Ackell at 14W
Tim Kendall and Evan Tato at Common Metal
Terrence Rohan at Otherwise

We put our new AI forecasting model WeatherMesh to the test, and the results were striking.

In a side-by-side comparison, WindBorne WeatherMesh predicted the Florida landfall of Hurricane Ian 200km more accurately than public models like the National Weather Service. Our AI model also predicted the storm’s path across Florida 300km-400km more precisely.

You can find a deep dive on our analysis on our Blog 👇
https://lnkd.in/gbM2sXJt

We’re seeing comparably strong improvements across major storms. Stay tuned for more results and case studies coming soon.

VC:FOOTWORK

Footwork Venture Capital

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