Washington, D.C., (November 16, 2022) — Village Capital, in partnership with Zuora®, a leading monetization platform provider for recurring revenue businesses, announced that Benchmark Labs and Voltpost were peer-selected to receive equity-free investment as a part of Sustainability Subscribed. The investment-readiness program supported entrepreneurs creating solutions to fight climate change and preserve the world through subscription models.
More than 50 entrepreneurs from 16 states applied to be a part of the accelerator. The final cohort was composed of the top nine companies, 36% of the cohort is headquartered outside of US tech hubs (NY, CA, MA), 44% have a BIPOC member of the founding team or C-Suite and 66% have a female member of the founding team or C-Suite.
Benchmark Labs and Voltpost were selected for investment by a group of peer entrepreneurs on the final day of Sustainability Subscribed, a four month venture development program. The nine participant startups evaluated each other through an investor lens, using eight specific investment criteria that leverage Village Capital’s venture investment levels. Benchmark Labs and Voltpost were ranked “most investment ready” and will receive $50,000 in grant funding from Zuora. The two companies are focused on the following:
- Benchmark Labs (San Diego, CA) offers asset-specific environmental forecasts to high-value asset managers to increase opportunity costs and operating margins.
- Voltpost (New York, NY) is retrofitting lamp posts into smart electric vehicle charging stations to decarbonize mobility and democratize charging access.
For more information, reach out to Sofía Cándano at Village Capital (firstname.lastname@example.org).
About Village Capital
Village Capital is reinventing the system to back the entrepreneurs of the future. Known for its groundbreaking approaches to supporting founders who are building solutions to emergent social, economic, and environmental challenges, VilCap unlocks critical social and financial capital for early-stage companies to maximize business and impact growth.
Since 2009, Village Capital has supported over 1,400 startups that have raised over $5 billion in investment capital. One of its affiliated funds, VilCap Investments, has invested in more than 110 peer-selected companies. Over 20,000 entrepreneurs have improved their investment readiness through its network of entrepreneur support organizations and its platform, Abaca. Learn more at www.vilcap.com and follow @villagecapital.
About Zuora, Inc.
Zuora provides a leading monetization platform for recurring revenue businesses across all industries, enabling companies to unlock customer-centric business models. After starting with Zuora Billing in 2007, Zuora’s award-winning multi-product portfolio now includes Zuora Revenue, Zuora Collect, and Zephr, a Zuora Company. Zuora serves as an intelligent hub that monetizes and orchestrates the complete quote to cash and revenue recognition process at scale. Through its industry leading technology and expertise, Zuora helps more than 1,000 companies around the world, including BMC Software, Box, Caterpillar, General Motors, Penske Media Corporation, Schneider Electric, Siemens and Zoom nurture and monetize direct, digital customer relationships. Headquartered in Silicon Valley, Zuora operates offices around the world in the U.S., EMEA and APAC. To learn more about the Zuora monetization platform, please visit www.zuora.com.
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