A once-in-a-cycle regulatory unlock amid market chaos. With the only federal banking charter and institutional-grade infrastructure, Anchorage wasn’t just crypto-compliant—it was building the trust layer for the entire asset class. We saw the foundation of crypto’s Goldman Sachs.

Finance teams drowning in inboxes and manual workflows—begging for a real solution. Auditoria’s purpose-built LLM and domain-specific workflows delivered automation that generic copilots couldn’t. We saw an AI-native system of record for enterprise finance with passionate customers who raved about hundreds of hours saved.

A huge, invisible market—$1T+ of outdated loans—with borrowers overpaying and lenders under-optimized. 
Caribou cracked distribution, built trusted rails to credit unions, and unlocked real savings. We saw a margin-rich marketplace with network effects baked in.

The only cost platform engineers didn’t hate—and finance actually trusted. CloudZero’s dev-first architecture, cross-platform support, granular cost allocation, and real-time insights gave teams the clarity 
to act. We saw the control plane for cloud infrastructure—just as AI costs began to skyrocket.

The next wave of the workforce—millions of solopreneurs with no financial infrastructure. Collective bundled high-value services with automation, built retention into the model, and unlocked real SaaS margins. We saw the financial operating system for the business of one.

A proprietary relationship graph that transformed static contacts into a dynamic, actionable network map. CTD wasn’t just finding intros—it was converting trust into pipeline. We saw the system of record for enterprise relationship intelligence.

A sleeping giant. Modern billing models broke legacy RevRec tools—RightRev rebuilt it from the ground up with automation, compliance, and ERP-native integrations. We saw the future backbone for revenue clarity as pricing, consumption, and AI models got more complex.

Thousands of contractors inspecting billions of feet of aging infrastructure with clunky tools and video files. SewerAI’s AI-first platform 3x’d productivity and laid the groundwork for a system of record in inspection, risk, and rehabilitation. We saw category dominance in an acyclical, mandated market no one else noticed.

The invisible backbone of U.S. manufacturing—running on paper, pen, and clipboards. Steelhead built a modern plant OS that digitized operations and gave owners a real-time control tower to increase throughput, margin, and visibility. We saw a vertical SaaS category ready for transformation—and no one else bothering to serve it.