53 Stations

Traditional construction permitting processes require complex applications and unpredictable timelines that wreak havoc on schedules and bottom lines for builders, developers, and business owners – not to mention residents and surrounding communities. GreenLite is finally making permitting faster and more predictable. We are proud to support GreenLite and co-founders James Gallagher and Benjamin Allen as they bring their vision to life with a $28.5M Series A, alongside lead Craft Ventures, Trust Ventures, and LiveOak Ventures. Check out our blog post to learn more about the company and their early impact on the Built World. https://lnkd.in/ejqdYENp

We are in the early innings of the largest wealth transfer in American history, with more than half of all wealth in America set to change hands over the next two decades. This once-in-a-generation shift – paired with the digitally-native expectations of younger customers – creates a perfect opportunity for registered investment advisors (RIAs) to reconsider long-held approaches. One such approach? Providing estate planning services. Wealth.com is on a mission to modernize estate planning with an AI-enabled estate planning platform built for financial institutions, serving clients ranging from mass affluent to ultra-high-net worth individuals. 53 Stations is delighted to be part of Wealth.com’s $30M Series A funding round, announced yesterday, alongside GV (Google Ventures), Citi Ventures, Outpost Ventures, and Firebolt Ventures. Congratulations to Rafael Loureiro, Danny Lohrfink, and Tim White on this milestone and the bright future ahead.   Check out our blog post to learn more about how Wealth.com is lowering the barriers to estate planning. https://lnkd.in/e_S5Pvsd

🚀 Last Call for our fall 2024 VC fellowship applications! We're seeking ambitious self-starters passionate about early-stage investing to join our part-time fellowship. Our fall fellowship offers: 🛠️ Real-world VC projects evaluating investment opportunities and developing investment theses 🌐 Access to our network 💡 Insights into building and scaling an emerging VC firm 📅 Remote, 10-week program starts October 2024 ⏰ Final Deadline: This Sunday, September 15, 2024 Apply now or share with someone who would thrive in this role! 🔗 https://lnkd.in/eDbRySRh #VentureCapital #MBAFellowship #53Stations

What's it like to be an MBA Fellow at 53 Stations? We recently interviewed Summer MBA Fellows Alyssa Tsenter and Austin Cai to learn about their: Journeys to VC Experience working with 53 Stations Insights gained during the fellowship Full article linked in comments below. Interested in joining our program? Applications for our part-time fall cohort are now open (link to apply in comments). Application deadline: September 15, 2024

Join us in welcoming Benjamin Sack to the 53 Stations team as an Investor. Ben recently received his MBA from the University of Michigan - Stephen M. Ross School of Business and was among the first to participate in our firm's MBA Venture Fellowship program. Since joining last month, Ben has quickly become instrumental in driving our #contech initiatives. He’s optimistic about the innovation that a new generation of entrepreneurs will bring to this legacy industry and is enthusiastically diving in to support these founders both within and outside of our portfolio. Read on to learn more about Ben’s path to 53 Stations and how his skills as a poker player have influenced his experience as an investor.

We sat down for a chat with Investor Melissa Kandinata, who joined 53 Stations earlier this year. A graduate of Northwestern University - Kellogg School of Management, Melissa has invested broadly throughout her career – from public markets and B2B SaaS to pre-seed impact investing. At 53S, Melissa channels the skills she’s earned as a lifelong competitive tennis player - "resilience, teamwork, and the ability to constantly adapt" - into her work with early-stage founders. Read on to learn more about Melissa’s thoughts on the advantages of working with 53 Stations and the kinds of founders she’s looking to partner with.

Congratulations to the Altana team on their recent $200M Series C fundraise! Altana's groundbreaking Value Chain Management System is transforming global supply chains, addressing critical issues like economic security and carbon emissions. Special thanks to Edward Segel and John Loser at Floating Point for bringing us and The Pritzker Organization along on the journey. For more details, read the full announcement on Forbes (linked below). #SupplyChain #VC #Innovation #Altana

HomeCloud is hiring a Founding Director of Operations / Chief of Staff to scale their proptech platform. This is a fantastic opportunity to work with George Kirkland and join a growing team in the 53S portfolio. If you or someone you know is an entrepreneurial self-starter interested in getting a front row seat to building an innovative proptech company be sure to apply or share. Successful referrals earn $15,000, plus a $15,000 sign-on bonus for the hire. Check the job posting in the comments. #Hiring #PropTech #HomeCloud #JoinUs #53Stations

functionhealth.com

Upon meeting the Function Health team and joining the platform as members, we knew they were onto something hugely impactful. We are honored to support Function on their mission to help individuals live 100 healthy years. Congratulations to Jonathan Swerdlin and the entire team on this incredible milestone!