Loch Raven Capital, LLC

10/14/2021

A well written book that highlights important traits of successful family offices and entrepreneurs. It covers key topics such as intelligent investing and building meaningful networks. Highly recommend this book.

09/18/2021

GrubMarket just completed a successful round of Series E equity financing. It raised $120m with a pre-money valuation worth over $1B. It's officially a Unicorn.

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the …

03/08/2021

Kudos to GrubMarket (one of our portfolio investments) on their recent Series D funding. The company uses their technology platform to provide farm-fresh produce to both B2B and B2C. With a strong customer base (Whole Foods, Krogers, Safeway, Chipotle, Google, Facebook) and revenue growth of over +70% in 2019 and in 2020 (during the pandemic), the company is on a strong track to surpass its annual recurring revenue target of >$650MM for 2021.

SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ -- GrubMarket today announced it completed $90 million of financing in an oversubscribed Series D round i...

01/25/2021

HelloPackage is the most advanced package managment solution for high density residential environments. Apartment communities are inundated with packages coming in from traditional online retailers, as well as directly from stores. With many residents working from home and shifting a greater portion of their purchases online, Covid-19 has resulted in even more packages. According to a Forbes article pusblished in June 2020, overall e-commerce spending is up +77% from May 2019 to May 2020. Amazon's revenue growth grew +40% last quarter and generated the largest profit in its history (Q2, 2020). Many apartment owners have purchased antiquated, obsolete lockers that cannot handle large/odd shaped packages. HelloPackage uses advanced software, purpose-built smart racks, weight sensors, computer vision, machine learning and AI to streamline package inflows, as well as returns. With over 97% package delivery accuracy rate (2% of the delivery errors are made by the carriers such as FedEx and UPS, so the platform alone accounts for 99% accuracy), the platform is gaining the attention of many well known apartment managers and quickly being described as the "Tesla of package solutions." Clients include Greystar Real Estate Partners, Lincoln Property Company, Pinnacle, Essex, Cortland, Toll Brothers and Bozzuto. Any apartment owners (> 150 units) or multiple property owners (5 to 10 properties) who wish to learn more about this service, please DM me or send me an email.

HelloPackage Demonstration Video

01/03/2021

We are excited to have invested in this Class A Industrial Property in 2019. Situated in Las Vegas, the flex industrial space is attracting high quality tenants, including several “last mile” logistics companies. (Credit: Dandrews Partners, LLC)