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Former Zulily execs raise $150M for new firm that buys and supercharges e-commerce businesses January 11, 2021 at 7:14 am Jason LeeKeenan (left) and Kevin Saliba are the brains behind Cap Hill Brands. (GeekWire Photos) Two former Zulily executives have landed more than $150 million to fuel a new venture that seeks to buy profitable e-commerce businesses. Jason LeeKeenan and Kevin Saliba are the co-founders and co-CEOs of Cap Hill Brands, a Seattle firm that uniquely combines the investment capital of a private equity firm with deep operational experience of a startup accelerator. They’ve al...

The Week’s Big 5 1. Policy and placemaking go direct. Policymakers, funders and other stakeholders are putting cash and control in the hands of U.S. residents to address the interlocking challenges of COVID-19, inequality and racial justice. The Week’s Agent of Impact Arlan Hamilton, Backstage Capital. Venture capitalists love to invest in disruption. Arlan Hamilton is disrupting venture capital. She created Backstage Capital in 2015 with a conviction that backing “underestimated” founders could unlock overlooked value. Initially dismissed by the VC world, she convinced investors like...

Zack Parisa and Max Nova, the co-founders of carbon offsets firm SilviaTerra, have spent the last decade working on a way to democratize access to income-generating carbon offsets. As forestry credits grow into a big, booming business thanks to multibillion-dollar commitments from some of the world’s biggest companies to decarbonize their businesses, the types of technology the two founders have dedicated 10 years of their lives to making. construction will only become more valuable. That’s why their company, already a profitable venture, raised $ 4.4 million in external funds led by Unio...

SilviaTerra wants to bring the benefits of carbon offsets to every landowner everywhere The company has just raised $4.4 million from Marc Benioff and Union Square Ventures to do it Zack Parisa and Max Nova, the co-founders of the carbon offset company SilviaTerra, have spent the last decade working on a way to democratize access to revenue-generating carbon offsets. As forestry credits become a big, booming business on the back of multibillion-dollar commitments from some of the world’s biggest companies to decarbonize their businesses, the kinds of technologies that the two founders have ...