Predict your next investment

Incubator/Accelerator
prehype.com

See what CB Insights has to offer

Investments

5

Partners & Customers

1

About Prehype

Prehype is a venture development firm, incubating startups in partnership with the world's finest corporations and VCs.

Prehype Headquarter Location

221 Canal St. 4-6th Floor

New York, New York, 10013,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Prehype News

Lombard launches digital contract guide to lift the jargon from small print T&Cs

Dec 21, 2016

ll print T&Cs 1 hour ago  |  827 views  |  0Source: Lombard From today Lombard customers with new Unregulated Lease Purchase agreements will be the first to benefit from Nift, a new innovative product created in collaboration with venture development firm Prehype and NatWest. NatWest and Lombard are both part of RBS. Research indicates that a significant proportion of consumers do not read the small print but whenever Terms & Conditions (T&Cs) are signed, both parties are stating that they understood their respective rights and obligations. Nift was created to address this issue. It provides a contract guide which helps customers navigate their T&Cs, translates clauses into plain English, defines technical words and helps explain the contract’s clauses by giving real life examples. It has been built to make contracts more accessible and understandable and to encourage increased engagement with customers. Initial tests of a prototype indicate that 92% of consumers found it useful and said it made them pay more attention to the contract than they normally would. Meeta Gournay of Nift commented: “We are really excited to be working with NatWest. Our goal is to provide businesses with a set of tools to increase trust through transparency. We are passionate about helping consumers better understand their contracts. We want to be everyone’s personal guide to contracts.” Stacey Seltzer, CFO at Prehype, added: “The Prehype team is thrilled to get Nift off the ground. There’s an incredible future in bringing together the industry expertise of large companies with the structures and methodologies of the early stage community to build successful new businesses.” Ian Isaac, Head of Lombard Sales, also commented on the launch of Nift: "We know some customers find engaging with their T&Cs hard, but it is important customers understand what they are signing. This is an important service we are providing our customers and it is exciting that Lombard is leading the way for this new activity, all designed to make it easier for our customers to do business with us.”

Prehype Investments

5 Investments

Prehype has made 5 investments. Their latest investment was in Dollaride as part of their Pre-Seed - III on July 7, 2021.

CBI Logo

Prehype Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/28/2021

Pre-Seed - III

Dollaride

$1.5M

Yes

1

2/22/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

7/23/2019

Seed - II

Subscribe to see more

$99M

Subscribe to see more

10

8/18/2017

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/28/2021

2/22/2021

7/23/2019

8/18/2017

Round

Pre-Seed - III

Seed VC

Seed - II

Seed VC

Seed VC

Company

Dollaride

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$1.5M

$99M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

10

Prehype Partners & Customers

1 Partners and customers

Prehype has 1 strategic partners and customers. Prehype recently partnered with Mondelez International on March 3, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

3/4/2014

Partner

United States

Mondelez International Teams Up with Prehype to Incubate Online Startups, Prankstr and Betabox

After identifying the ideas , Mondelez International , Inc. employees partnered with venture developers at Prehype , who built and launched the products .

1

Date

3/4/2014

Type

Partner

Business Partner

Country

United States

News Snippet

Mondelez International Teams Up with Prehype to Incubate Online Startups, Prankstr and Betabox

After identifying the ideas , Mondelez International , Inc. employees partnered with venture developers at Prehype , who built and launched the products .

Sources

1

Prehype Team

1 Team Member

Prehype has 1 team member, including current Founder, Henrik Werdelin.

Name

Work History

Title

Status

Henrik Werdelin

Founder

Current

Name

Henrik Werdelin

Work History

Title

Founder

Status

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.