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HPA Backs AI-Native Production Intelligence Platform Revolutionizing Continuous-Flow Manufacturing

HPA invests in Shelfmark’s $3.5 million seed round. Shelfmark is an AI-native production intelligence platform for continuous-flow manufacturing. The round was led by Armory Square Ventures, with participation from HPA, Grand Ventures, Argon Ventures, and Cultivation Capital. This financing brings Shelfmark’s total capital raised to approximately $5 million. Shelfmark is bringing greater autonomy to one […]

HPA Backs AI-Native Cardiovascular Platform Revolutionizing Heart Care Delivery

HPA is pleased to announce its participation in the oversubscribed $16.2 million Series A financing round for Karoo Health, the cardiovascular technology company building the operating system for cardiac care. The round was co-led by 7wire Ventures and Allumia Ventures, with additional participation from HPA, First Trust Capital Partners, and SpringRock Ventures. As part of […]

Empirical Security Raises $25M Series A for Next Generation Vulnerability Management

HPA is excited to announce its follow-on investment in Empirical Security‘s $25 million Series led by Brightmind Partners with participation from previous investors HPA, Costanoa Ventures and others. The round brings Empirical’s total funding to $37 million. HPA first backed Empirical in its $12 million Seed round in July 2025, and we’re proud to continue […]

HPA Backs AI-Native DFIR Platform Revolutionizing Catastrophic Breach Recovery

HPA is pleased to announce its participation in the $3 million seed funding round for Cydelphi, the pioneering AI-native Digital Forensics & Incident Response (DFIR) platform company. The round was led by Glasswing Ventures, with additional participation from Blu Ventures and Merlin Ventures. Cydelphi is addressing a critical and rapidly expanding pain point in enterprise […]

Better Trucks Receives Strategic Investment from Uber Freight to Accelerate Last-Mile Expansion

HPA is excited to celebrate a major milestone for our portfolio company Better Trucks, which has received a strategic investment from Uber Freight alongside an expanded commercial partnership. This collaboration strengthens Uber Freight’s end-to-end logistics capabilities while accelerating Better Trucks’ growth as a next-generation last-mile carrier. Traditional parcel networks continue to face mounting pressure as […]

HPA Invests in Iris Finance’s $6.2M Series Seed, a CFO Platform for CPG

HPA is excited to announce its participation in Iris Finance $6.2 million Seed round co-led by Glasswing Ventures and Founder Collective, with participation from Revolution’s Rise of the Rest Seed Fund, Barrel Ventures, Rosecliff, and others. Physical product businesses face mounting financial pressure, with cash flow mismanagement contributing to most small business failures and many […]

HPA Invests in Empirical Security’s $12M Seed Round to Stop Attacks with Custom Cybersecurity AI Models

HPA is excited to announce its investment in Empirical Security’s $12 million Seed Round alongside Costanoa. The round also saw participation from DNX Ventures, Sixty Degree Capital, and strategic investors Jonathan Cran, founder of Intrigue (acquired by Google/Mandiant), Wade Baker, creator of the Verizon Data Breach Investigations Report and founder of The Cyentia Institute, and […]

HPA Invests in Handspring's $12M Series

HPA Invests in Handspring’s $12M Series A, Expanding High Quality Mental Health Care for Kids

HPA is excited to announce its participation in Handspring’s $12 million Series A led by Cobalt Ventures with support from NextView Ventures, NVP Capital, 25Madison, Arkitekt Ventures, Cornucopian Capital, two regional health plans, and others. This investment joins other HPA portfolio companies NOCD and Array Behavioral Health that are focused on increasing access to high quality behavioral […]

HPA Announces Acquisition of Portfolio Company AmpliFund by Euna Solutions

We are excited to share that HPA portfolio company AmpliFund, a leading grant management platform provider, was successfully acquired by Euna Solutions, a provider of best-in-class SaaS solutions purpose-built for the public sector. AmpliFund’s purpose-built grant management platform is designed for state, local, and tribal governments to manage every phase of the grant management process. […]