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One Way Ventures Q3-2022 Newsletter
and investments update.
Hi Friends, 👋
We hope that you’ve had a relaxing and relatively quiet summer! As expectations in the broader market have continued to adjust from ongoing interest rate increases, we’ve seen deal activity slow down in general during this time but, nonetheless, have some exciting new announcements to share including our latest investment and updates from our existing portfolio.
~ The One Way Team
🔎 New Investments
🚛 EzPapel aims to build the “Shopify for trucking” to give small carriers the tools and data needed to scale their businesses by providing a transportation management system and back office for small trucking companies.
EzPapel was founded by Justin Lu, a Chinese immigrant who graduated from UC Davis and helped scale his dad’s trucking company, and Zhaoxing Bu, a Chinese immigrant who graduated from UCLA with multiple internship experiences at Google.
One Way Ventures took their full early Seed round.
🗞 Portfolio News
🗞 Mana Interactive, one of our Boston-based portfolio companies focusing on providing a new rewards platform designed specifically for gamers, announced a collaboration with SurfShark, allowing customers to earn rewards using their VPN safely.
🗞 LegalPad, a legal company providing premium U.S. visa services, was acquired by a global payroll company, Deel, to help break down immigration barriers. Read all about it here!
🗞 Preply, a marketplace where language tutors and would-be students of different languages connect for online learning sessions, has closed a Series C round of $50 million. [TechCrunch]
🌎 Global News + Resources
🌎 The L-1A visa is a pathway for startup founders to build businesses in the U.S. that is often overlooked. This article describes the key differences between the O1 and L1 visas.
🌎 Are you interested in expanding your company’s operations to US markets and bringing existing employees with you? If yes, the L-1A Visa is something you’ll want to explore. In this post, learn if the L-1A visa is a good fit for your company.
🌎 Is immigration Silicon Valley’s secret sauce for success? Reports say more than half of ‘unicorn’ startups are founded by immigrants. Read more in the San Fransisco Chronicle here!
🌎 USCIS’ Pandemic Signature Policy is Now Permanent. Check out Iandoli Desai & Cronin P.C.’s site to see how this could affect you.
🌎 Under the International Entrepreneur Rule (IER), DHS may use its parole authority to grant a period of authorized stay, on a case-by-case basis, to foreign entrepreneurs who demonstrate that their stay in the United States would provide a significant public benefit through their business venture and that they merit a favorable exercise of discretion.
💼 Featured Jobs
Interested in working for a venture-backed startup? Explore some of our handpicked selections below or visit our careers page to learn more:
💼 Tive - FP&A Analyst (Boston)
💼 Preply - App Marketing Manager (Spain)
💼 Zero - Senior ML Engineer (Armenia)
💼 Burq - Product and Design Lead (San Francisco)
💼 Greenyeye - Service Engineer (Israel, Canada)
🚨 Borderless Disruption
Borderless Disruption is our monthly blog. Read here and subscribe if you’re interested in topics spanning immigration, tech, and their global impact.
Read our most recent publication, by Lex Zhao, on “Supply Chain and Logistics Startups” and Masha Levin, on “An EIR’s Perspective Working with Immigrant Founded Startups”.