Streamlined

We are pleased to share Streamlined's December 2024 newsletter and invite you to read it here: https://lnkd.in/gmNDfzyb

Thank you, Arjun Dev Arora, for your thoughtful post and for celebrating this milestone with us. Streamlined is grateful for your friendship and support!

Homeownership is the most expensive it’s been in a generation with consumers spending over one third of their income on their home. As a country, Americans spend over $6T annually on homeownership — more than defense, social security, and healthcare combined. It’s no longer just a housing problem - it’s a home cost crisis. That hurts a lot of people and their finances. It hurts all of us too, because homeownership is essential to the economy and to our communities. Other businesses vie for your loyalty by giving you something back. Buy a lot of coffee at Starbucks, get one for free. Fly Delta enough, get an upgrade. Book a hotel with Marriott, earn points to spend. But the one thing you spend the most on – your home and all that comes with it? No one rewards that. But that’s about to change. Today, we’re excited to announce Mesa: the first homeowner membership platform. The Mesa Homeowner Membership platform gives value back for every dollar members spend on their home. Our first products are the Mesa Mortgage Marketplace and the Mesa Homeowners Card. Mesa rewards points can be redeemed at partner brands, used to book travel, or reinvested back into your home by paying down your outstanding mortgage balance or applying Mesa points towards a down payment. Mesa has brought together some of the largest and most innovative companies in the world to help solve the home cost crisis. Our strategic partners like Visa help power our mission as part of the Mesa Homeowners Network™. Our team brings decades of experience from world class companies like Uber, Robinhood, Block, Bilt Rewards, Capital One, and American Express. This includes leaders like Shannon Cusick, our Head of Partnerships who led business development at Peloton and American Express, Tina Moore, our GM of Card & Rewards who was on the founding team at Bilt Rewards, and CFO Nadia Asoyan, the first finance hire at Robinhood. To build on our momentum, we’ve raised a $9.2M round of financing to grow our team, expand our membership offerings, and add more brand and financial partners to the Mesa Homeowners Network. The $7.2 million seed funding was led by Streamlined Ventures, with Starting Line, Assurant Ventures, Vera Equity, RWT Horizons, Clocktower Ventures, Red Sea Ventures, FJ Labs, WISE Ventures, LLC, and several other firms joining. Executives from companies like Ramp, Robinhood, Opendoor, and Alloy also invested. We received an additional $2 million in venture debt from Silicon Valley Bank, a division of First Citizens Bank. At Mesa, we’re on a mission to make homeownership more affordable and rewarding. If that’s something you believe in, please reach out.

Big day at Cimphony, we are excited to announce our seed round, led by Streamlined Ventures, with participation from Hannah Grey VC, Recursive Ventures, Precursor Ventures, Alumni Ventures, Script Capital, Karman Ventures, Michele Catasta, Michael Liou, Mike Riegelman, Amos Ben-Meir and Arjun Dev Arora. This investment will enable us to further our mission of making services accessible and affordable for startups At Cimphony, we believe that everyone deserves access to high quality service, regardless of their budget. Our customers have already saved 80%+ on their legal bills. If you're a startup looking to automate your workflows by ai-agents, email [email protected] and see how we can help We're also growing our team and hiring across engineering, design and marketing roles. We’re a small team that puts customers first and ships multiple times daily, check out our open roles: https://lnkd.in/gcEi2wat Special shout-out to Soso Sazesh at 43 for being our first check in our vertical llm agents vision and a rock solid mentor throughout our journey!

Ullas Naik, Streamlined Ventures Founder and General Partner, speaks on AI and Data Science Investing. https://lnkd.in/geKywPCR