Phase One Ventures

💥 💥 💥 HealthNow has successfully secured $3.4m of venture funding to help organizations modernize their delivery of employee benefits via the HealthNow Mastercard. 💥 💥 💥 It’s taken three years of blood, sweat, and tears to earn our seat at the table of venture-backed growth companies from NZ. This is only the beginning. It’s day one. Our biggest feats are ahead of us. This round was led by Icehouse Ventures - Barnaby Marshall, with additional funding from the The Brand fund - Simon Pound, New Zealand Fintech Fund - Mike Burke Marty Kerr, NZVC - Mark Pavlyukovskyy, Enterprise Angels - Jake Hoffart, Phase One Ventures and a number of amazing high net worth individuals. As with most startup journeys, getting to product market fit was not a straight line. It is only with the ongoing support, trust, and confidence of many external and internal stakeholders that we have been able to get to this point I would like to personally thank my external advisors and prior economic investors who supported us to get to today.  Anna Mowbray, NetX Fund, Daniel Gillespie, Aaron McDonald, Phil Williams, Angel institute of Marlborough, Mark Unwin, Richard Coon, Mike Ridgway, Carl Thompson, Ben Teusse, Matt Rama, Phil Ellison, Shaun Quincey, William Palmer and Erika Palmer, Craig White, Tim Gillespie, Gabe Rijpma, Peter Huljich, Jason Huljich. HealthNow's USA-based support network: Andrew Hoppin, Andy Laken, Christopher Sealey, Josh Thompson, Bryan Sivak There are many individuals not listed above who have supported HealthNow or myself personally over the last three years of HealthNow’s journey and beyond. Every one of you has played a role in getting us to where we are today. To the HealthNow team: Thank you for your continual vote of confidence in me as a leader and in our mission of creating healthier organizations. Joining a mission where the future is unknown and the probability of success are not in our favor takes a significant amount of courage and belief. Tim Boyle, Isabelle Hutcheson, Shravani, Calvin, Sam, Campbell McLean, Felix, Max, Greg, Stuart, David B. Andrew Phillipps and Dave Insull: Talk about threading the needle. Executing a pivot, rebuilding a team, building the v2 product, launching in NZ and AU, and raising capital all in under 10months what a ride it’s been! The sleepless nights, late-night calls on Sundays, and the many hard conversations have been invaluable. The professional development I have experienced with your guidance will support the HealthNow mission for years to come. Following this raise, I look forward eagerly and with anticipation. There are so many companies and end-users that will benefit from our solution. It’s now our responsibility to go forth, get in front of them and communicate our solution. A link to the full article can be found in the comments below.

We’re excited to announce our re-launch as Ivo (formerly Latch) and $4.8M in new funding. The round is led by Uncork Capital and Fika Ventures. Thank you to our existing investors Daniel Gross, GD1 (Global From Day One), and Phase One Ventures for their continued support. We will be using this funding round to scale our AI Contract Review platform to more customers. Ivo helps in-house legal teams and businesses reduce the time, effort, and cost of negotiating contracts through an AI-powered Word add-in. More about Ivo: Dynamic Checklist Review and Redline: Ensure your documents meet checklist standards effortlessly, accelerating time-to-close and enhancing consistency across contracts. AI-Generated Playbooks: Our AI crafts custom playbooks from your templates, empowering you with tailored contract reviews. One-Click Issues List Generation: Instantly highlight the critical elements of contracts, streamlining your review workflow. AI-Powered Comment Bubbles: Embed intelligent, AI-driven comments for a clearer understanding and justification of modifications. Security First: We have obtained SOC 2 Type II certification as part of our commitment to the highest security and operational standards.   If you’re excited about working with a passionate and energetic team building AI to solve contracting problems at scale, please get in touch.