About Otherwise
Otherwise, established in 2017, is an angel investment group based in Mill Valley, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 7 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Granola, Plenty and Parabola. As of Apr 2026, Otherwise has witnessed 2 portfolio exits. Its latest investment was a $6M Seed round in Causal Labs on Mar 12, 2025, which also saw participation from Kindred Ventures and BoxGroup.
To date, 52 investors have co-invested in Otherwise's portfolio companies, including prominent names like Lightspeed Venture Partners.
Key Metrics
Founded Year
2017
Location
Mill Valley, United States
Sectors of Investment
Stages of Investment
Seed, Series B & 1 more
Locations of Investment
Otherwise's List of Top Investments
Otherwise has a portfolio of 7 companies. Their most notable investments include Granola and Plenty.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 9 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by Otherwise:1. Granola
Developer of an AI-powered tool for automated meeting note taking. The tool transcribes meetings and enhances user-written notes. It offers customizable templates for various meeting types. The AI models assist with post-meeting action items, such as writing follow-up emails and listing action items. It facilitates sharing notes across different platforms.
Key facts about Granola
- Founded Year: 2023
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $192M
- Employee Count: 94 as on Mar 31, 2026
- Investors: Index Ventures, Lightspeed Venture Partners and 30 Others
- Latest Funding Round: Series C, Mar 25, 2026, $*****
2. Plenty
AI-driven robo advisory platform for couples. The platform creates shared goal-based investment portfolios. It also provides cash management. It enables to communicate users priorities, and they will choose to invest in or refrain from investing in businesses that share their values while maintaining diversification. Users can plan, track, and invest from one place.
Key facts about Plenty
- Founded Year: 2022
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $7.75M
- Investors: Inovia Capital, 35V and 9 Others
- Latest Funding Round: Seed, May 09, 2024, $*****
- Highlight: Acquired
3. Parabola
Cloud-based data process automation platform for businesses. AI is used by platforms to automate data processing. It enables users to easily configure data processing through a drag and drop user interface and create custom dashboards with transformed run-time data. The product features are modularity for connection to different sources, transform and imports, team collaboration, functions, version control, and automation.
Key facts about Parabola
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $34.3M
- Employee Count: 35 as on Dec 31, 2024
- Investors: OpenView, Abstract Ventures and 12 Others
- Latest Funding Round: Series B, Jun 28, 2023, $*****
- Highlight: Editors' Pick
Manufacturer of high-performance personal electric vehicles. These vehicles are designed for urban environments, combining advanced industrial design with strong performance and utility features. A removable battery allows for convenient home charging, while a modular system enables customization with various accessories. The vehicles incorporate technology such as large touchscreens and mobile app integration. The design emphasizes durability using aluminum and steel construction.
Key facts about Infinite Machine
- Founded Year: 2024
- Location: New York City (United States)
- Stage: Seed
- Total Funding till date: $9.3M
- Employee Count: 18 as on Jan 31, 2026
- Investors: Otherwise, Necessary Ventures and 3 Others
- Latest Funding Round: Seed, Oct 29, 2024, $*****
- Highlight: Editors' Pick
5. Gowalla
Gowalla was a location-based social check-in app, aimed at helping users to pinpoint where they were and what they were doing, so that friends may find them. Using the data that users had volunteered, the company pivoted slightly to be about creating guides and tools for discovering new things in the world around the user. It was acquired by Facebook on December 2, 2011, for an undisclosed sum. As of November 2010 there were approximately 600,000 users. Gowalla, as a service, was shut down on March 11, 2012. Had apps on Android, iOS, Blackberry platforms.
Key facts about Gowalla
- Founded Year: 2007
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $14.4M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Shasta Ventures, Lowercase Capital and 26 Others
- Latest Funding Round: Series B, Jan 28, 2021, $*****
- Highlight: Acquired
Otherwise's Year-on-Year Investment Trends
Otherwise has invested in 7 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Causal Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
Otherwise's Investments by Stage
Otherwise has made 4 investments in Seed stage with an average round size of $6.14M, 2 investments in Series B stage with an average round size of $14M and 1 investment in Unattributed stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series B | 2 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Otherwise's Investments by Sector
Otherwise has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Environment Tech, Sustainability Tech and Auto Tech. Notably, it has invested in 7 Tech companies, 6 Software companies, 5 Enterprise (B2B) companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Consumer | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Auto Tech | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Otherwise's Investments by Geography
Otherwise has made most investments in United States (6), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 6 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Otherwise's recent investments
Otherwise has not made any investment in 2026 so far.Here are the most recent investments by Otherwise:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 12, 2025 | United States | Seed | 3680 | [+4] | |
Oct 29, 2024 | United States | Seed | 2394 | [+2] | |
May 09, 2024 | United States | Seed | 4268 | [+8] | |
Jun 28, 2023 | United States | Series B | 6975 | [+7] | |
May 08, 2023 | United Kingdom | Seed | 9901 |
Acquired companies in Otherwise's Portfolio
2 companies from Otherwise's portfolio have been acquired. The most recent acquisition were Plenty in Apr 2025 by Wealthsimple.Here are Otherwise's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 10, 2025 | May 09, 2024 | Seed | 8424 | |
Dec 02, 2011 | Jan 28, 2021 | Series B | 8865 |
Co-investors of Otherwise
Over the past 5 years, 93 investors have co-invested in Otherwise's portfolio companies. This includes funds and angels.
- Invested before Otherwise: Phenomenal Ventures, 35V and 20 others have invested in rounds before Otherwise. There is 1 company where Phenomenal Ventures has invested before Otherwise and 1 company where 35V has invested before Otherwise.
- Top Co-investors of Otherwise: 52 investors entered a company along with Otherwise. These include investors like Lightspeed Venture Partners (1 company).
- Invested after Otherwise: A total of 19 investors have invested in Otherwise's portfolio after their investments. Top Investors include Spark Capital (1 company) and AI Grant (1 company).
Recent News related to Otherwise
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Causal Labs Raises $6M in Seed FundingFinSMEs•Mar 13, 2025•, Karman, OTHERWISE, Factorial and 6 others
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Causal Labs Raises $6M Seed Funding to Build AI for Weather Prediction and ControlBusiness Wire•Mar 12, 2025•Causal Labs, Kindred Ventures, BoxGroup, Refactor Capital and 3 others
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Infinite Machine raises $9M round led by a16z to convince Americans to buy scootersesdelatino.com•Oct 29, 2024•Infinite Machine, Andreessen Horowitz, Adjacent, Necessary Ventures and 5 others
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Wealthtech Plenty Raises $5 Million Seed RoundCrowdfund Insider•May 10, 2024•Plenty, Inovia Capital, Garage Capital, Charge Ventures and 4 others
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Gowalla raises $4 million from GV and Spark for its AR social appTechCrunch+•Jan 28, 2021•Gowalla, Google Ventures, Spark Capital, Ingress and 4 others