Kernel Capital is a Silicon Valley based venture fund. We participate in seed, bridge and A round financing stages of a start-up's funding cycle. Most of our investments are in the B2B enterprise software space. Some of the criteria that are important to us when making an investment decision are: a strong founding team with an experience mix relevant to their industry; a unique and defensible product; a scalable business model; a clearly articulated go to market strategy. We prefer making our initial investment as part of a syndicate.
TechCrunch: SeamlessDocs raises $7 million Series B to help governments go digital SeamlessDocs, the startup that helps governments move all their forms online, has today announced the close of a $7 million Series B funding round led by Motorola Solutions. Other participants in the round include existing investor Govtech Fund, as well as New York State Innovation Fund and 1776. Read more.
The Wall Street Journal: Driveway Software Raises $10 Million for App That Rates Drivers’ Safety
According to estimates from the National Highway Traffic Safety Administration, 32,675 people in the U.S. died in motor vehicle traffic crashes in 2014. Countless technologies have flooded the market to help drivers avoid those accidents. Read more.
The New York Times: Practice Fusion Said to Hire JPMorgan Chase to Explore I.P.O.
Practice Fusion, an electronic health records start-up, hired JPMorgan Chase last year to explore an initial public offering in 2017, according to people with knowledge of the matter, though the discussions are now in flux because of market volatility. Read more.