Thyra Global Management

Venture Capital

Venture Capital

Thyra makes investments in early-stage companies that are helping shape the future. We invest in leading technology and consumer startups of all sizes. We focus on investing in Seed to Series B stage companies. 

12
Venture deals to date
$150 Million
Cumulative portfolio companies’ revenue growth since initial investments
$500 Million
Cumulative valuation expansion since initial investments

Portfolio Companies

Consumer

Featured
LAVVA
LAVVA

Everyone said a thick, buttery yogurt wasn’t possible without gums and added sugars- until Lavva proved them wrong. Lavva’s yogurt is made from a blend of nuts cultivated in volcanic soil in Southeast Asia, and sweetened with 100% real fruit—free of added sugar, gums, or stabilizers. With the addition of 50 billion live probiotic cultures blended with prebiotic fiber, Lavva truly creates the best tasting food from only what nature has to offer.

LE BOTANISTE
LE BOTANISTE

With their slogan, “Let food be the medicine,” Le Botaniste offers patrons healthy and delicious “prescriptions”: plant-based organic food and natural wine. A responsible food concept that cares about health and our planet, the restaurant offers a positive way to appreciate food, with ingredients that are 100% botanical, 99% organic and completely gluten free. Originally founded in Belgium with locations in both Ghent and Brussels, there are now three NYC locations: the Upper East Side, Soho and Midtown East.

UQORA
UQORA

Built in collaboration with physicians and urologists, with the best clinical research available, Uqora is dedicated to bringing you products that work, so that you can stay ahead of UTIs. Uqora’s products flush out new bacteria introduced to the urinary tract (Target), break up old bacteria that may be hiding from a previous infection (Control), and support the good bacteria in the vaginal microbiome that naturally protect from UTIs (Promote).

REVIVE KOMBUCHA
REVIVE KOMBUCHA

Revive is a family owned craft kombucha brewery, launched at the Sonoma County California Farmer’s Market in 2010. Revive’s mission is to sustainably produce the best tasting kombucha you’ve ever had, using the highest quality ingredients and innovative craft brewing techniques. Revive develops its own recipes, techniques and cultures and the result is a uniquely delicious, healthy brew.

NATURADE
NATURADE

Since 1926, Naturade has developed a range of beneficial health, beauty and wellness products that help restore the natural balance between nutrients and foodstuffs.  Naturade pioneered the introduction of soy protein powders in the 1950s, and over the years Naturade has manufactured and distributed a variety of health-related products including vitamins, nutritional supplements, skin care and hair care products.  Naturade’s major product lines now include TotalSoy, the Ageless™ line of anti-aging products, Symbiotics™colostrum-based products to enhance immune system functions, and its latest VeganSmart™ line of vegan/gluten-free/soy-free protein powders.

Technology

Featured
METAWAVE
METAWAVE

Dr. Maha Achour is determined to advance the deployment of autonomous driving by building the first-of-its-kind radar that uses intelligent AI algorithms and 3D imaging to detect and classify objects on the road. In parallel, Metawave is also developing smart beamsteering antennas for 4G and 5G networks to provide faster networks and near-instant connectivity for billions of users. 

LAUNCHER SPACE
LAUNCHER SPACE

Launcher is on a 10-year journey to deliver small satellites to orbit. Max Haot (Livestream founder) and his team of engineers are developing the “Engine-1”—a 3D printed liquid propellant rocket engine, 500 pound-force of thrust, fueled with liquid oxygen and kerosene. Launcher believes that reducing the cost of engines is crucial for the next generation of launch vehicles, the first step in unlocking the final frontier.

Software

Featured
VIRTRU
VIRTRU

Simple email encryption that works everywhere. End-to-end enterprise email and attachment encryption using your existing company or personal email (i.e., no new accounts) that currently enables more than 5,000 organizations to enable, protect and share their data.

essDOCS
essDOCS

essDOCS’ mission is to enable paperless trade by digitizing trade operations, finance and logistics. Exporters, forwarders and logistics companies can manage the online creation and approval of trade documentation, then sign, exchange and export those documents all on one platform. essDocs' solution combines title, quality, condition, location and other key data to reduce risk and improve visibility and control.

IRECKONU
IRECKONU

Unlock the hidden genius of your hotels. Unleash your competitive advantage by harnessing our cutting-edge data science technology to personalize each guest’s experience and simplify operations. Unify all your current information systems in a single, artificially-intelligent dashboard that drives efficiency and increases your bottom line.

LIVESTREAM
LIVESTREAM

Livestream is the #1 cloud service for broadcasting events live. The service offers over 80 million creators and brands access to cross-platform analytics, audience data and monetization opportunities.

PAGER
PAGER

Doctor house calls on-demand.  Immediate access to a board-certified doctor within 2 hours in the comfort of your home, office or hotel room. Visits starts at $50 and are reimbursed by most health plans.

AWEAR SOLUTIONS
AWEAR SOLUTIONS

Awear is a "Frequent Flyer" program for fashion. Awear has created a IoT solution where consumers are encouraged to buy, and will be rewarded for wearing, a brand they love while the brand collects valuable post-sale data about their consumers that will enable repeat sales. Harnessing the power of IoT and big data analytics, brands can communicate, engage and reward their consumers in real-time. Recently, Awear partnered with a major global brand to launch a smart collection which will include shirts, denim and skirts. 

LAUNCHMETRICS (FASHION GPS)
LAUNCHMETRICS (FASHION GPS)

A suite of web applications that enable internal/external communication for the most important fashion companies in the world – bringing companies and products closer to the marketplace. The platform allows companies to perform campaigns with influencers, streamline launch-to-market processes, and measure/benchmark media performance.

WILTON PAYMENTS
WILTON PAYMENTS

A registered Merchant Service Provider which assists companies with bespoke multi-channel platforms designed to meet their payment needs. Provides the most cost-efficient processing solution, coupled with the latest technological platforms available.  Thyra has helped match Wilton's expertise to US  e-commerce companies.

Music Investments

EXITED VIA IPO – 2021

In 2013, the Income Fund Music Publishing Series backed our co-investment partner, Round Hill Music, in the acquisition and management of iconic music copyright assets.  Our thesis at the time was that music copyrights were undervalued based on historic revenues at a time when CD sales had disappeared, yet streaming revenues had not yet scaled.  Thyra believed that as streaming increased dramatically in the years from 2013 onwards, and the internet enabled better overall exploitation and tracking of performance royalties, the RHM team would maximize value across the portfolio of acquired assets.  The assets acquired were already generating annuity-like, predictable cash flows from royalty streams. Secure intellectual property. Low correlation to other asset classes.  Diversified by genre, artist and musical area. Iconic assets demonstrate enduring value and repeat usage. Historically active marketplace for buyers - ie, liquidity. Our co-investment partner’s team had >140 years of combined experience executing this strategy, had collectively completed more than 50 catalogue acquisitions valued at over $750mm, and had access to proprietary deal flow. Our partners demonstrated a proven ability to source, execute and integrate catalog acquisitions as well as create upside value from licensing, collection and song placement. The team acquired partial or full copyrights to more than 10,000 songs including The Beatles “I Saw Her Standing There” and Bruno Mars’s “Billionaire”, as well as songs from other iconic artists including: The Rolling Stones, Frank Sinatra, Billie Holiday, Ella Fitzgerald, Miles Davis, James Brown, Katy Perry, and Bon Jovi.   RHM listed a public vehicle on the London Stock Exchange in late-2021, to which Thyra sold its interests in RHM – completing our exit by May 2021.

Featured
EDDIE HOLLAND CATALOGUE
EDDIE HOLLAND CATALOGUE

Thyra is party to a definitive agreement to acquire the writer’s share of the Eddie Holland LP catalog (the “EHL Catalog” or the “Catalog”).  Mr. Holland was part of “Holland-Dozier-Holland”, the famous songwriting team that wrote many of the songs that defined the Motown sound in the 1960’s.  The EHL Catalog contains 25 #1 hit singles that are staples such as "How Sweet It Is (To Be Loved by You)" and “Baby Love” by Marvin Gaye, and "Stop! In the Name of Love", “You Can’t Hurry Love”, and "You Keep Me Hangin' On" by The Supremes.  In addition to the original Motown artists, many of these songs became multi-generational hits, due to new versions recorded by artists such as Rod Stewart, James Taylor and Phil Collins.  The EHL Catalog has significant cultural value and is considered to be one of the crown jewels of the music publishing industry, making it an ideal first investment for the Fund in the music publishing sector.

RHM DIVERSIFIED
RHM DIVERSIFIED

The Income Fund has invested in a diversified catalogue of music publishing assets with our partner, Round Hull Music.  This diversified assemblage of royalty-income-generating music assets already includes more than 25 catalogs and other co-publishing and administration agreements.