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PVH Acquires True & Co

True&Co. revolutionized the lingerie world by leveraging consumer-centric data from over 5 million women who have completed their fit quiz to help women shop for intimates in a truly personalized way. Now, True&Co. is joining PVH Corp., one of the world’s LARGEST apparel companies and parent to iconic brands including CALVIN KLEIN and Tommy Hilfiger, to enable PVH to move deeper to online sales and increase innovation, data-driven decisions and speed as it serves its consumers across channels.

Identify3D Closes Investment Round Led by SoftTech for Market Expansion

Identify3D has announced it has completed its multi-million Series Seed investment round led by SoftTech VC. Capital raised will help the company meet demand from its existing customer base in aerospace and defense and expand to meet the needs of other advanced manufacturing sectors including power generation, oil and gas, transportation and healthcare.

Simplifeye Gets $3 Million to Make Wearables Part of Your Doctor’s Workflow

New York-based Simplifeye thinks it can improve the productivity of the people who work in your doctor’s or dentist’s office by making patient information more easily available. The twist? It’s doing so by putting that information on wearables like the Apple Watch.

With $1 Billion Sales Run Rate, Postmates Will Aim For Profits Next

On-demand delivery startup Postmates launched five years ago and is now making one million deliveries a month. Postmates is competing against behemoth's in an incredibly hard and crowded space, it is the team & drive that is pushing them to the top!

Pared Raises Seed Round to Match Restaurants with Restaurant Pros

Pared is a staffing solution for restaurants and the professionals who make restaurants run. Led by Will Pacio, founder of SpiceKit and former Per Se line cook, and Dave Lu, Pared has helped match 150 restaurants and 500 restaurant professionals in San Francisco since launching. SoftTech VC led the round.

Portfolio Company Focal Systems Praised ‘Most Promising Retail Tech Startup’ at NRF!

Focal Systems develops computer vision technology that automatically builds a comprehensive CPG product database, optimizes operations for retailers, and helps customers find what they want.



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From Our Blog

SoftTech VC Closes $150M Across Two New Funds

Early in January 2016, I was thrilled to announce Stephanie Palmeri and Andy McLoughlin becoming Partners! At that time, we filed SEC Form Ds disclosing the creation of two new funds – SoftTech VC V and SoftTech Plus. We’re delighted to announce that both funds have closed at their hard cap, respectively $100M and $50M –  great news as we celebrate our 12-year anniversary. Most importantly, we are beyond excited by the myriad of new, radical innovations we see coming from early stage entrepreneurs and the opportunity we have to help them realize their vision with our active support and capital.

To share a bit of background: we invest our funds on a 3-year investment cycle and will be wrapping up Fund IV (that held a final close a couple of years ago) as planned sometime in Q316. Why raise a fund when we had plenty of dry powder in Fund IV? When we discussed our fund raising plans with … Read more »

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