Jeremy Conrad left his own VC company to start a business, and financiers like what he’s building

by RJ Shara | May 29, 2020 | Fundings and Exit

When this editor initially satisfied Jeremy Conrad, it remained in 2014, at the 8,000-square-foot former fish factory that was home toLemnos, a hardware-focused venture firm that Conrad had cofounded 3 years earlier. Conrad — who as a mechanical engineering undergrad at MIT dealt with self driving satellites, drones and cars and trucks — was still excited […]
Jeremy Conrad, it was in 2014, at the 8,000-square-foot previous fish factory that was home to Lemnos, a hardware-focused venture company that Conrad had actually cofounded 3 years previously. The”more I learned about it– not different to when I started Lemnos– It felt like there was a gap in the market, a chance that people were missing,” says Conrad from his home in San Francisco, where he has hunkered down throughout the COVID-19 crisis., Conrad’s now 1.5-year-old, 14-person business, which silently announced$7.75 million in Series A funding previously this month, led by Standard Ventures, with Felicis Ventures, Lemnos and Bloomberg Beta likewise getting involved. Conrad likewise saw an opportunity to take on recognized business like Trimble, a 42-year-old, publicly traded, Sunnyvale, Ca.-based company that offers a portfolio of tools to the building market and charges leading dollar for them, too.”I get the greatest quality feedback from some of the most intelligent individuals I understand, which actually helps focus your vision,”says Conrad, who says that Quartz, which operates in California today, is now embarking on an across the country rollout….