Stealth Startup Spy #91
Industry leader exits Public Sq (NYSE:PSQH) to launch an AI/Retail company, A biotech startup exits stealth with $4.3M funding, & Former CPO at Copper.co introduces a decentralised trading platform
Stealth Startup Spy is a data-driven newsletter for investors, journalists and tech enthusiasts interested in uncovering the next big move for key talent, real-time stealth company launches and technology advancements not in plain sight. We leverage the technology built at Gravity to track billions of data points to help you identify tomorrow's opportunities that are currently hiding in the shadows. These signals include tracking the inflows and outflows of talent who work at “Stealth Startups”, bios and profile changes to “building something new” and monitoring press releases to shine a light on the hidden world of stealth startups.
In this issue of the Stealth Startup Spy, here is what we will uncover:
Serial Founder exits Public Sq (NYSE:PSQH) where he was a Co-Founder and COO to become the Co-Founder/COO of WE3 Group
Biotech startup to speed up the optimization of compounds in drug discovery emerges from stealth with $4.3M in funding
Former Delivery & GTM lead at digital health startup Cedar leaves to co-found a new healthcare company
Ex-Chief Product Officer of crypto firm Copper launches decentralised trading platform, secures $2.2M pre-seed led by Speedinvest
Former Engineering Director at Procore Technologies (NYSE: PCOR) is building a startup in stealth mode
And more…
Now let’s shine the spotlight… 💡💡💡
🕵️♂️Founders Coming Out of Stealth
Real-time updates from founders who debut what they’ve been working on under stealth mode
Sebastian Harris - Co-Founder & COO at We3
FounderDNA: Serial Founder, Prior Exit
Prior Experience: Co-Founder/ex-COO at PublicSquare, Founding Partner at Raising Royalty, ex-Director of Communications at JH Israel
Connect on: LinkedIn
We3 is leveraging the power of AI in retail spaces.
HQ: New York, New York, United States
Industry: Retail | Team Size: 2
Time Spent in Stealth Mode: 4 months
Tim Snyder - Founder & CEO at Stitch
FounderDNA: Technical Founder
Prior Experience: Ex-VP of Engineering at Lean, ex-Engineering Lead at Square, ex-Director of Engineering at Weebly, ex-Lead Software Engineer at SnapLogic
Connect on: LinkedIn
Stitch enables B2B marketplaces to offer flexible payment terms and improve their working capital.
HQ: San Francisco, California, United States
Industry: Software Development | Team Size: 4
Time Spent in Stealth Mode: 6 months
Josh Haimson - Co-Founder & CEO at Inductive Bio
FounderDNA: Top10 University
Prior Experience: Ex-Director, Product Management at Flatiron Health, ex-Researcher at Massachusetts General Hospital
Connect on: LinkedIn
Inductive Bio brings the data, ML, software, and expertise needed to rapidly solve challenging ADMET (Absorption, Distribution, Metabolism, Excretion, and Toxicity) problems.
HQ: New York, New York, United States
Industry: Biotechnology Research | Team Size: 10
Latest Funding: $4.3M Seed Round on 12/13/2023
Key Investors: a16z)Bio + Health, Lux Capital, Character, Bessemer Venture Partners, Alleycorp
Time Spent in Stealth Mode: 27 months
Alex Ryvkin - Founder at Rho Labs
🔎Featured Founder under stealth mode in StealthStartupSpy#14
FounderDNA: Serial Founder, Masters Degree
Prior Experience: Ex-Chief Product Officer at Copper.co, ex-Managing Partner at arda.works
Connect on: LinkedIn
Rho is the first institutional grade on-chain rates market
HQ: London, United Kingdom
Industry: Financial Services | Team Size: 8
Latest Funding: $2.2M Pre-Seed Round on 11/16/2023
Key Investors: Speedinvest, Re7 Capital, Keyrock, Daedalus Angel Syndicate
Time Spent in Stealth Mode: 14 months
Shirley Wu - Founder at Luuna
FounderDNA: Former FAANG
Prior Experience: Ex-Product Designer at Facebook, ex-Lead Product Designer at Syndicate, ex-Design at Threads
Connect on: LinkedIn
Luuna is a personalized digital health app for dogs, aiming to enhance their well-being, improve quality of life, and promote longevity through preventive care.
HQ: New York, United States
Industry: Software Development | Team Size: 1
Time Spent in Stealth Mode: 8 months
🕵️♂️Key Talent Going Under Stealth
Illuminating clues left behind by world class talent and influential innovators who just went into stealth mode
Ritesh Singhania - Founder at Stealth
FounderDNA: Serial Founder, Technical Founder, Masters Degree, Top 10 University
Prior Experience: Co-founder and COO at ClearGlass ($3.6M raised), ex-Head of Technology and Operations, Pensions at Simplitium, ex-Head Of Operations at Avani Bio Energy
Connect on: LinkedIn
HQ: London, England, United Kingdom
Time Spent in Stealth Mode: 6 months
Chris Lee - Co-Founder at Stealth Mode
FounderDNA: Serial Founder, Technical Founder, Prior Exit
Prior Experience: Ex-Director, Solutions Engineering at Procore Technologies, Co-Founder at Esticom (acquired by Procore), Founder at Lee Technology Group (acquired by Paladin Technologies)
Connect on: LinkedIn
HQ: Austin, Texas, United States
Time Spent in Stealth Mode: 3 months
Abhi Dobhal - Co-Founder at Stealth Startup
FounderDNA: Serial Founder, Masters Degree
Prior Experience: Ex-Head of Partnerships, Americas at IntellectEU, ex-COO/CFO at Warehouse Republic, ex-Co-Founder/Vice President Of Business Development and Partnerships at Factom
Connect on: LinkedIn
HQ: Austin, Texas, United States
Building next-generation finance for digital assets.
Time Spent in Stealth Mode: 3 months
Aditya Pandyaram - Co-Founder at Stealth Startup
FounderDNA: Technical Founder, Masters Degree, Prior Exit
Prior Experience: Ex-SVP, Delivery & GTM at Cedar, ex-VP of Product at Troops (acquired by Salesforce), ex-Product Manager at GE Digital
Connect on: LinkedIn
HQ: New York, United States
Time Spent in Stealth Mode: 5 months
Kristy Edwards - Founder at Stealth Startup
FounderDNA: Serial Founder, Masters Degree, Top 10 University
Prior Experience: Ex-President, Co-founder, and CISO at PrivacyCode.ai, ex-Director, Security Intelligence at Lookout, ex-Workday, ex-McKesson, ex-Oracle
Connect on: LinkedIn
HQ: Portland, Oregon, United States
Time Spent in Stealth Mode: 3 months
Stay Stealthy,
Drake
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