For Starters: How Instant Teams Found Fit And Purpose Helping Military Spouses

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This week’s For Starters sponsored by Robinson Bradshaw is back with new-ish host Anil Chawla, who is continuing his journey this season of tackling product-market fit by allowing founders to tell the story of how their startups became what they are today.

For this episode (the second of 10 this season), Chawla spoke with Liza Rodewald, the Co-Founder and CEO of Instant Teams, a jobs marketplace. This startup has a specific goal of hiring military and veteran spouses, a cohort whose constant travels can impact job retention rates. As a former military spouse herself, Rodewald talks about how she recognized a need and decided to create a space that allowed this community to gain long-term, stable jobs, even while all in different time zones. (We first profiled Instant Teams last April.)

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WARP Closes First Operational Year with a total of $8.1M in Funding to Enable the Future of Commerce Through Tech Connected Supply Chain

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After emerging from stealth mode in February 2022 with a seed round of $2.4M, new investors contribute additional $5.7M in December ‘22

Los Angeles, CA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Today WARP, a tech-powered freight network specializing in middle-mile solutions, announced an additional $5.7M in funding to bring its total to $8.1M for its first operational year, 2022. LA-based venture capital firms MaC Venture Capital, Bonfire Ventures, and Frontier Venture Capital contributed to this follow-on round with additional contributions from some of WARP’s previous investors. WARP emerged from stealth mode in February, 2022 with a $2.4M seed round to digitize the old school trucking model and create the most efficient routes for middle-mile freight. This follow-on round of funding will allow WARP to scale their network and tech platform to further automate traditional supply chain “hacks” that were previously done manually.

Today’s shippers operate in a volatile environment. Between inflation, ongoing Covid spikes, and fluctuating transportation costs, it can be extremely difficult to manage a complex supply chain. Whenever a shipper's volume goes up or down, they need to readjust their logistics strategy which decreases efficiency and increases cost. WARP takes existing supply chain solutions and provides real-time optimization based on dynamic demand while removing manual processes for shippers, carriers and back-office teams.

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DailyPay Announces $260 Million in New Funding

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Funds will be used to drive growth, product innovation and international expansion for the leading on-demand pay provider

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.

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Axiom Cloud Raises $7.4M Series A to Transform Commercial Refrigeration using AI

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Axiom provides software-enabled services to major grocery chains and cold storage companies in hundreds of facilities across North America.

SAN JOSE, Calif., Jan. 18, 2023 /PRNewswire/ -- Axiom Cloud today announced its $7.4M Series A financing led by Blue Bear Capital. Following large-scale rollouts with major North American grocery chains and cold storage warehouse operators, Axiom raised its Series A to prepare for its next phase of growth. Axiom will use the funding to scale its software, operations, and sales teams to meet accelerating market demand for its refrigeration software. In total, Axiom Cloud has raised approximately $11.6M since its inception in 2020.

"We have followed Axiom Cloud's management for years and seen their refrigeration AI technology make an outsized impact, substantially lowering power use and refrigerant leaks, improving margins, and turning everyday cooling infrastructure into virtual batteries," said Ernst Sack, Partner at Blue Bear Capital and Board Director of Axiom Cloud. "2023 looks bright for companies like Axiom that can help staple retailers and supply chain companies lower cost, improve uptime, withstand labor shortages, and reduce their environmental footprint – all with an incredible ROI in the first year."

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