2024 Year In Review
As we reflect on an incredible year, we are filled with gratitude and pride—not only because of the remarkable progress our portfolio companies have achieved but also because 2024 marked our first year as Notable Capital. We are deeply gratified by the strong reception Notable has received within the startup ecosystem, among founders, and within our LP community. This milestone has been made possible due to the unwavering support of our many ecosystem partners and founders, whose trust and collaboration have shaped our journey so far and continue to fuel our ambitions for the future.
The name Notable reflects what we stand for: “worthy of attention or notice; remarkable.” We chose this name to represent the founders we invest with, the ideas they pursue, and the remarkable companies they build. Additionally our LPs champion notable and important causes that we’re proud to support. This guiding principle has been central to everything we do as we continue to focus on shaping the next generation of industry-defining businesses.
In a year marked by challenges in the macro-environment, we have been inspired by the momentum of our portfolio companies and the progress they continue to make. Over the past year, we invested over $80M in follow-on funding across 17 companies in the Notable portfolio. We celebrated key milestones including the IPO of Ibotta (NYSE: IBTA), and announced acquisitions including HashiCorp’s acquisition by IBM, Gem’s acquisition by Wiz, and Cacheflow’s acquisition by Hubspot. Alongside these successes, we continued to partner with visionary entrepreneurs to make new investments, including Patronus AI at the forefront of AI evaluation models, LocalStack, which creates local cloud environments for developers, Parafin, which is revolutionizing the future of financial services by offering embedded solutions for merchants, and eight other new investments, six of which have not yet been announced.
Our dedication to shaping the next generation of global entrepreneurs pursuing world-changing ideas remains at the heart of our mission. Across our investment and platform teams, we worked closely alongside our portfolio companies as they built solutions to tackle the most pressing problems of today while creating a future we all want to see.
Looking ahead, we are excited to share more announcements as we continue empowering founders and scaling companies that are changing the world. Together, we’re building a future that is impactful, inclusive, and inspiring.
New Investments
Notable Exits
TOP FOCUS AREAS
Building safety tools to detect and prevent AI-driven security threats to ensure responsible AI adoption.
Transforming B2B payments with online transactions, flexible terms, and automated Order-to-Cash processes for wholesalers, platforms, and marketplaces.
Accelerating cloud development with a local testing platform for seamless AWS application building.
Redefining wellness with bold, functional beverages that make healthy living accessible and inclusive.
Empowering small businesses with embedded financial solutions to drive growth and resilience.
Torq named one of the 10 Hottest AI Startups of 2024 by CRN
Notable announced the 2024 NextGen Fellows
Coder announced $35M Series B funding
Founders from Arteria, Cacheflow, Jam, Monte Carlo, and Patronus recognized by VentureBeat as Leading Women in AI
Forbes featured the story behind Aven
Patronus included in VentureBeat’s annual AI Innovation Awards
Otter.ai named one of Forbes Best Gen-AI Workplace Productivity Tools
Nozomi partnered with the French Cyber Regulation to secure the 2024 Olympic Games
Neon announced $25M strategic investment by M12 and partnership with Azure
Stori announced $212M in additional funding
Slope announced partnership with Ikea
StockX announced strategic partnership with Walmart.com
Torq announced $70M Series C funding
acquired for $7.7B by
IPO-ed on NYSE at $2.7B valuation
acquired for $350M by
acquired by
acquired by
This first year as Notable Capital has been about more than achievements—it’s been about laying the foundation for the future. We’re proud of what we’ve accomplished and even more energized by what’s to come. To our LPs, founders, and friends, thank you for your partnership.