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How 4 New Jersey pools turned into a startup that just raised $10M
As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. To make it worth her while, he suggested that they could help cover her expenses for maintaining the pool.
Soon after, five other families had made the same arrangement with her and the pool owner had six families covering 25% of her expenses. This meant that the neighbor was actually making money off her pool. The arrangement sparked a business idea in Laskin’s mind. At the age of 20, he founded Swimply, a marketplace for homeowners to rent out their underutilized pools to local swimmers, with Asher Weinberger.
Dash Systems, a Los Angeles, CA-based technology company developing hardware and software to enable precision airdrop deliveries, raised $8m in Seed funding.
The round was led by 8VC with participation from Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.
The company will use the funding to:
Develop and refine aerial delivery technology
Partner and expand into commercial uses for rural locations
Train aviation partners to safely and precisely launch cargo to all parts of the world
Expand partnerships with U.S. government entities to deliver cargo to rural parts of the world.
Led by Joel Ifill, CEO and Founder, Dash Systems is developing technology and hardware that allow for precision airdrop deliveries to rural, remote and difficult to reach locations without the need for landing. Instead of having to land at an airport and drive cargo to its destination, the company allows retailers, package delivery companies, and emergency managemen
DASH Systems raises $8M seed round for next-day precision airdrop (Photo: DASH Systems)
Precision airdrop changes air cargo network topologies and unit economics
Los Angeles-based freight-tech startup DASH Systems announced Wednesday morning it closed an $8 million seed round led by 8VC. Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain and Make in LA also participated in the raise.
DASH Systems founder and CEO Joel Ifill has a vision of making next-day delivery available anywhere in the world. What makes that possible and economical is a new approach to air cargo previously only seen in military applications: dropping precision-guided pods directly from small aircraft.
DASH Systems Raises $8 Million to Advance Air Cargo Delivery
DASH s technology enables precision airdrop deliveries in remote locations without the need for landing - saving fuel, time and shipping delays
New funding will allow the company to conduct pilot programs with partners and expand into commercial use in target markets
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LOS ANGELES, Dec. 16, 2020 /PRNewswire/
DASH Systems, a Los Angeles-based technology company developing hardware and software to enable precision airdrop deliveries, has announced $8 million in Seed funding. The round was led by 8VC with participation from Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.