
B2B SaaS
Our B2B SaaS portfolio highlights Boston Seed’s commitment to supporting companies that change the way businesses operate. We have backed successful startups like Reggora, Sendoso, and Flywire, developing innovative software solutions that enhance efficiency, boost engagement, and fuel growth across a variety of industries.
Founders
Kris Rudeegraap, Braydan Young, Abhay RajaramAbout Sendoso
Boston Seed invested in Alyce, founded in 2015 by Greg Segall. Alyce is a developer of an artificial intelligence-based gifting platform that offers personalized gifting experiences at scale.
Alyce was acquired by Sendoso in 2024. Sendoso is an online platform that facilitates the sending of rewards and e-gifts to enhance customer engagement and support business development.
Expertise
, B2B SaaS
Founders
Timothy JonesAbout Returnalyze
Returnalyze, founded in 2018, develops a return optimization platform aimed at helping retailers enhance their business performance.
Returnalyze is the only “pure-play” return optimization solution that gives customers the ability to understand their returns, see returns impact on margins and compare across industry benchmarks. The company’s reverse logistics technology enables retailers to have the information they need at their fingertips to make smarter decisions, increase top-line and bottom-line revenue while improving the customer experience and customer loyalty.
Expertise
B2B SaaS
Founders
Brian Zitin, William DenslowAbout Reggora
Reggora, founded in 2016, develops appraisal management software that connects mortgage lenders to appraisal vendors.
Developer of cloud based, two-sided appraisal platform intended to increase website traffic and improve customer engagement. The company’s platform provides mortgage lenders with higher quality appraisals and reduced turn times, while giving appraisers free tools to process more orders and maximize efficiency, enabling companies to condense and streamline appraisals by automating traditionally manual processes and schedule appraisal inspections.
Expertise
B2B SaaS
Founders
Joshua Summers, Scott Weller, Michelle HipwoodAbout Enfi
EnFi, founded in 2023, develops a credit analysis and risk monitoring platform that assesses loan applications and tracks portfolio performance.
EnFi transforms how institutional and private lenders monitor loan portfolios through AI-powered Continual Risk Analysis™. EnFi is revolutionizing complex risk assessment for banking institutions and private lenders by delivering insights and assessing and monitoring borrowers, their industries and broader economic factors in near real-time. EnFi’s technology supports lenders to make more informed decisions as well as provide faster capital to borrowers.
Expertise
Artificial Intelligence, B2B SaaSFounders
Iker Marcaide, Michael MassaroAbout Flywire
NAS: FLYW
Flywire, founded in 2009 and headquartered in Boston, MA, is a developer of a vertical payments platform that simplifies global payment and receivables processes. The company has 1,250 employees and offers a secure payment platform that enables clients to receive reconciled domestic and international payments efficiently. Flywire’s solutions are based on a payments platform, a proprietary global payment network, and vertical-specific software.
Boston Seed invested in Flywire in 2011.
Expertise
B2B SaaS
Founders
Peter MacDonald, Joseph SchnareAbout Wunderite
Wunderite, founded in 2015, develops insurance software designed for insurance agents.
59% of all property and casualty insurance is sold through independent agencies. Many of those agencies use ancient systems, often sharing detailed information in email, PDF, and fax – making the process of collecting and utilizing key data extremely inefficient for both consumers and agents. Wunderite currently makes insurance applications easy through an intuitive front end platform for agents and their customers to share information.
Expertise
B2B SaaS
Artificial Intelligence
At Boston Seed, we invest in AI-driven companies that turn complex data into actionable insights. Our portfolio includes EnFi, Reasoner, and Drut highlighting our focus on AI’s potential to improve decision-making and fuel innovation across sectors.
Founders
Jitender Miglani, Venkata Tumiki, Chris Lee, William Koss, Will FerryAbout Drut
Drut, founded in 2018, specializes in developing a data-center design system that offers flexibility in interconnect computing architecture.
Drut Technologies is a Software company focused on minimizing latency, maximizing efficiency, and solving for distance issues – key challenges in all data centers. They provide a cost effective, all photonic, unified fabric for high bandwidth, ultra-low latency and legacy IP traffic to co-exist in a modern data center with software defined control. Their proprietary software platform works in conjunction with an optical switch which is installed in a physical data center. Drut has acquired IP that will help them build their own proprietary optical switch in the future. While there has been a rise in the use of cloud technology, many enterprises are renewing investment in in-house data centers and on-premise software for security and other reasons.
Expertise
Artificial Intelligence
Founders
Yibiao Zhao, Debbie Yu, Chris Baker, Anik Conley-DasAbout ISEE
ISEE, founded in 2017, develops an automotive platform focused on creating intelligent autonomous driving systems.
ISEE is an artificial intelligence platform designed to automate vehicle systems. The company’s platform automates vehicle systems and other applications that require machines to understand human intentions, enabling users to make self-driving cars better at dealing with unexpected situations.
Expertise
Artificial Intelligence
Founders
Douglas Selinger, Alex SukharevskyAbout Plex
Plex Research, founded in 2017, develops an AI-driven search engine tailored for biomedical drug discovery research.
Plex is a powerful AI-driven search engine for drug discovery. The company’s revolutionary platform puts all biomedical research data and algorithms behind a single search bar, enabling clients to find various medicine-related information easily whenever required.
Expertise
Artificial Intelligence
Founders
Wayne ChangAbout Reasoner
Reasoner, founded in 2023, develops a neuro-symbolic reasoning engine aimed at addressing hallucinations and errors in artificial intelligence for businesses.
Reasoner, is an easy-to-use powerful neuro-symbolic reasoning engine designed to solve hallucinations and errors in artificial intelligence for businesses and enterprises. The company’s platform offers benchmark-beating performance, with accuracy in various reasoning tasks, enabling organizations to achieve high precision and clarity in complex decision-making processes.
Expertise
Artificial Intelligence
Founders
Joshua Summers, Scott Weller, Michelle HipwoodAbout Enfi
EnFi, founded in 2023, develops a credit analysis and risk monitoring platform that assesses loan applications and tracks portfolio performance.
EnFi transforms how institutional and private lenders monitor loan portfolios through AI-powered Continual Risk Analysis™. EnFi is revolutionizing complex risk assessment for banking institutions and private lenders by delivering insights and assessing and monitoring borrowers, their industries and broader economic factors in near real-time. EnFi’s technology supports lenders to make more informed decisions as well as provide faster capital to borrowers.
Expertise
Artificial Intelligence, B2B SaaS
Consumer & Entertainment
At Boston Seed, we invest in consumer companies using innovation and technology to enhance how people live, move and connect. Our portfolio includes Cake, Dephy and Vested, each creating products that bring meaningful improvements and modernization to everyday life.
Founders
Steven Kane, Jeremy SheaAbout Golden Hearts Games
Golden Hearts Games, founded in 2019, is a developer of a digital promotional gaming platform that supports charitable causes.
Offering Charitable promotional games (cash entry fees, cash prizes) with unique business model – significant percentage of gross gaming revenue is contributed to a charitable organization of the player’s choosing along with a sweepstakes component. Key games include bingo, slots, instant win scratchers, draw 5 poker.
Expertise
Consumer & Entertainment
Founders
David McLaughlin, Estelle PalandjianAbout Cake
Cake, founded in 2023, is a consumer and fashion brand marketplace with a unique consumer membership model. Consumers pay $100 annually to receive access to high end fashion brands including 10 gift cards ranging from $100 – $250. Brands access high end consumer fashion shoppers with a performance based acquisition model to grow their customer databases.
Expertise
Consumer & Entertainment
Founders
David Grieve, Andrew Spano, Adam Breneman, Justin Johnson, Daniel Montagine, Ryan TroyerAbout College Sports Company
The College Sports Company, founded in 2021, operates a white-label sports media firm that connects brands to college athletes.
College Sports Company is a trailblazer at the forefront of the seismic shifts in college sports, in which athletes are paid via NIL dollars, and university athletic departments are forced to suddenly become media businesses. CAS is a national media company building local college media brands and original content featuring current and past collegiate stars. These local college media brands curate and create shows, NIL campaigns, and branded content for athletes. Athletes gain exposure to brands and universities are able to attract NIL dollars from advertisers and sponsors.
Expertise
, Consumer & Entertainment
Founders
Megan Lanham, Kelsey AllanAbout Rithmm
Rithmm, founded in 2022, develops an AI-based sports betting application that provides betting predictions on games.
Rithmm is a personalized predictive analytics platform for sports betting. They enable everyday bettors to use their own strategies, to predict game outcomes and prop bets using Rithmm’s algorithm and no code user interface. In 2024, Rithmm has launched March Madness, PGA Golf, and NFL into full production with monetization for subscribers and with prop bets.
Expertise
, Consumer & Entertainment
Founders
TJ Ross, Joel MiltonAbout Splash Sports
Splash Sports, founded in 2021, is a developer of a real-money gaming platform focused on games of skill.
Splash Sports is going after the “Sleeping Giant” of sports betting, ‘pools.’ Betting pools are commonly seen in an office or social group setting. Splash aims to become the leader in peer-to-peer contests and pools by acquiring the 3 largest existing pool platforms in the market today, who have over 750K active users for an exponentially lower cost per user than other sports betting platforms would pay in the market.
Expertise
, , Consumer & EntertainmentFounders
Jason Robins, Paul LibermanAbout DraftKings
NAS: DKNG
DraftKings, founded in 2012 and headquartered in Boston, MA, operates a digital sports gaming and entertainment betting platform. Initially starting with daily fantasy sports, the company expanded into online sports and casino gambling following a 2018 Supreme Court ruling. DraftKings is active in about 25 states for sports betting and five states for iGaming, serving approximately 40% of Canada’s population. The company employs 5,100 people.
Boston Seed invested in DraftKings Seed round in 2012.
Expertise
Consumer & Entertainment
Innovative Experiences
Boston Seed supports companies creating innovative experiences that blend technology and creativity to redefine how people interact with products and platforms. Our portfolio includes Vulcan Forms, Electives, and Flipside Crypto, each pushing the boundaries of what’s possible across different industries.
Founders
Martin Feldmann, A. John Hart, Kevin KassekertAbout VulcanForms
VulcanForms, founded in 2015, is a developer of a digital production system for scalable industrial metal additive manufacturing.
Born out of MIT, VulcanForms is commercializing the first fully scalable, industrial metal additive manufacturing (AM) solution. Building the world’s most powerful and advanced metal AM system is the first step towards our vision of lights-out, highest quality metal AM mass production. The company’s main focus is commercializing its technology to make 3D printed medical implant along with pursuing limited number of opportunities in Aerospace & Defense and metal foams for pumps and hydrogen electrolyzer.
Expertise
Innovative Experiences
Founders
Jason Lavender, Krikor DzeronianAbout Electives
Electives, founded in 2020, operates an enterprise learning platform designed to enhance accessibility to employee training.
Electives provides “Training your employees will love, from people they’ll never forget.” Electives creates live interactive classes that develop employees and improve company culture – focusing on categories like Leadership, Diversity/Equity/Inclusion, and Team Building. Electives sells a SAAS solution that is positioned as “Modern L&D for Lean People Teams.”
Expertise
Innovative Experiences
Founders
Dave BalterAbout Flipside Crypto
Flipside, founded in 2017 and based in Boston, develops a cryptocurrency investment platform that facilitates blockchain organizations in purchasing digital tokens.
Flipside enables on-demand analytics for blockchains, driving ecosystem growth and retention. Through a free, open data platform, it enables thousands of analysts to learn, collaborate and compete to solve analytical challenges via structured bounty programs. It extracts data from blockchains and makes it analytics ready. It provides that data to the market for free, then structures bounties to motivate analysts to come join that blockchain ecosystem to build insights and data outcomes needed for blockchain communities to thrive.
Expertise
Innovative Experiences
Founders
Luke Mooney, Jean-François DuvalAbout Dephy
DEPHY, founded in 2016, develops performance-enhancing wearable robotics technologies aimed at human augmentation.
Dephy was founded as a spinout from the MIT Media Lab. Dephy is a breakthrough robotic powered footwear solution expanding human mobility through technology. Dephy is launching a brand new category of “powered footwear” using a combination of robotic hardware, software, and AI. Dephy revolutionizes human mobility with product that targets a range of consumers from athletes recovering from injury to consumers with lower extremity discomfort.
Expertise
Innovative Experiences
Founders
Mark KasdorfAbout Forge
Forge, founded in 2020, provides construction workforce management services aimed at addressing the skilled labor shortage in the industry.
Forge (fka Intrepid Homes) is a two-sided marketplace, creating the next generation of skilled trades workers to do jobs in high demand, more efficiently leveraging new technology. Forge’s apprentice program recruits young people (primarily Gen Z workers) into a tech enabled, modern trades firm. Forge is currently focused on HVAC electric heat pump systems which have strong unit economics – excellent margins with strong demand due to government sponsored clean energy HVAC upgrade programs.
Expertise
Innovative Experiences
Founders
Chris Boardman, Edward Saatchi, and Kenta KogaAbout Fable Studio
Fable, founded in 2019, develops a web-based tool aimed at making motion design intuitive, collaborative, and accessible.
Fable has built a new product called Showrunner, which uses next-generation AI authoring tools to allow consumers to create their own TV shows. Showrunner first launched an AI created South Park episode resulting in 10M views on YouTube. Press has dubbed Showrunner as “The Netflix of AI.”
