May 2024 Newsletter

May 2024

While market challenges remain, we are excited to see an uptick in startup formations and financings over the last few months. Despite the near-term uncertainty, we remain committed to providing patient capital to founders with bold, long-term visions.

Read below to learn more about our …

Latest Investment: BrainCheck’s $15M Financing
Founder Spotlight: Nathan Baumeister, CEO & Founder of ZSuite Tech
Newest Resource: Term Loan Calculator
Job Openings: 70+ exciting opportunities across our growing portfolio

LATEST INVESTMENTS

BrainCheck Raises $15M in Financing

We are thrilled to co-lead BrainCheck’s $15M financing round alongside Next Coast Ventures and UPMC Enterprises. The investment will fuel expansion and adoption of its next-generation digital cognitive assessment and care platform—trusted by hundreds of the country’s most prestigious health providers and specialists treating and screening for dementia.

Read the press release…

FOUNDER SPOTLIGHT

Get to Know Nathan Baumeister: Co-Founder & CEO of ZSuite Tech

Get to Know: Nathan Baumeister, CEO & Founder of ZSuite Tech

In our latest Founder Spotlight, we chat with Nathan Baumeister of ZSuite Tech—where we learn about key lessons in leadership, his formative experiences in Paraguay, and his favorite party tricks! 🤸

Read the interview…

PORTFOLIO NEWS

Jeff DiTullio was promoted to Chief Technology Officer at Atmosphere. He brings more than two decades of technology and engineering leadership experience, most recently as CTO of Bay Area Coders.

Learn more about Jeff…

Lu Lu joined UpEquity as VP of Finance. She is a finance executive with 15 years of global experience at Goldman Sachs across Asia, Europe, and the U.S.

Learn more about Lu…

Photo of Lu Lu: VP of Finance at UpEquity

Photo of Elias Tavarez: Chief Revenue Officer at Interplay Learning

Elias Tavarez joined Interplay Learning as Chief Revenue Officer. He has more than two decades of executive leadership and experience transforming high-performance companies.

Learn more about Elias…

Sara Vidmar joined Alleviant as a VP, Clinical Affairs, Regulatory, and Quality Assurance. She brings more than 25 years of experience in the healthcare and medical device space.

Learn more about Sara…

Photo of Sara Vidmar: VP, Clinical Affairs, Regulatory & Quality Assurance of Alleviant

Genda was chosen as a Top 50 construction tech startup of 2024 by CEMEX Ventures.

HYAS was awarded the 2023 Digital Innovator Award by Intellyx. They also won two 2023 Cyber Secured Awards from Security Today and earned their SOC 2 Type 1 compliance.

Interplay Learning was named one of Built In's 2024 Best Places to Work in Austin for the third year in a row. They also announced their new trades certificate program, Interplay Academy.

LeanDNA successfully completed their SOC 2 audit. They were also named a recipient of the 2023 Top Software & Tech Award in the Procurement/ERP Software category by Supply & Demand Chain Executive.

Riscosity earned their SOC 2 Type II compliance.

Videate won a Gold Award in Brandon Hall Group's Excellence in Technology Awards for Best Advance in Business Automation.

STARTUP RESOURCES

New Resource: Term Loan Calculator

The S3 Ventures Term Loan Calculator computes the total cash costs of a Term Loan and its impact on monthly cash flows. Upon inputting the loan terms and timing assumptions, the calculator generates a monthly payment schedule for principal, interest, and fees.

DOWNLOAD CALCULATOR

EVENTS

S3 Ventures Events Around Town

We enjoyed connecting with investors, entrepreneurs, and community leaders at the multiple events we hosted this spring —including our annual SXSW VC Dinner and our series of happy hours for startup CEOs and functional leaders.

If you are a start-up founder or C/VP-level executive and would like to attend a future S3 event, apply by filling out the form below.

APPLY TO ATTEND

FEATURED JOBS

Check out the 70+ openings on our Job Board, and join our Talent Network to be discovered by our entire portfolio of companies. When you join our Talent Network, you can also opt-in to receive alerts about new postings.

JOIN OUR TALENT NETWORK

WANT TO SUBMIT A PITCH?

We invest in Seed, Series A, and Series B companies with checks ranging from $500K to $10M. If you are looking for an investor, please reach out!

SEND US YOUR PITCH

ABOUT US

S3 Ventures is the largest venture capital firm focused on Texas. Backed by a philanthropic, multi-billion-dollar family for 19+ years, we empower great entrepreneurs with the commitment to patient capital and true resources required to grow extraordinary, high-impact companies in Business Technology, Digital Experiences, and Healthcare Technology.