Portfolio

Image via Wikipedia After the investment in Empire Avenue last week I am very excited to announce another investment today: Barcode Hero‘s mission is to help shoppers in physical stores, through breakthrough mobile technology. Simply put, it is like a “Foursquare for shopping”: Barcode Hero users scan products at home or in a store, build […]

UPC-A barcode
Image via Wikipedia

After the investment in Empire Avenue last week I am very excited to announce another investment today: Barcode Hero‘s mission is to help shoppers in physical stores, through breakthrough mobile technology. Simply put, it is like a “Foursquare for shopping”: Barcode Hero users scan products at home or in a store, build their collection, and share recommendations with friends. Users can follow others to get their recommendations and compete for fun titles based on the products they interact with.

I met the two founders of the company, Blake Scholl and Jason Crawford, back in March in Seattle and decided after one meeting and a few emails exchanges that I wanted to invest. I usually take a bit longer for taking an investment decision but this one just felt right. First of all, there is tons of opportunity at the cross-roads of mobile, social and commerce to come up with the right product to help shoppers in an offline context. Secondly, Blake and Jason had convinced a few A-list angels like Ron Conway, Naval Ravikant and Owen van Natta to participate in the seed round. But most importantly, this just felt like a rock star team of founders with the right vision, background (Amazon, Whrrl) and ambition.

So really excited to be part of the Barcode Hero story forward – you can get the iPhone app here and try the product out yourself (currently only working in the US app store though).

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Portfolio

It’s hard to believe we’re already three quarters into the year. At V1, we’re all about finishing strong, and Q3 gave us plenty of reasons to be excited about what’s ahead. As always, we’ve rounded up a quick snapshot of the action across our portfolio from the past quarter: Funding announcements We welcomed TRIC Robotics […]