Vladimir Malugin

We are a diverse, partner-minded investment firm focused on technology and tech-enabled businesses that have established market fit and are looking for more than just capital for the next phase of growth. We leverage thoughtfully structured solutions and invest behind thematic areas identified from 15+ years of experience. Our team has managed over $1B of AUM across more than 50 platform investments.

KlearNow.AI started in 2018 as an AI-powered licensed customs broker transforming how businesses navigate the complexities of trade management. As global supply chains face increasing disruptions, evolving tariffs, and mounting compliance challenges, KlearNow.AI offers a platform that simplifies and automates trade operations. By eliminating manual, paper-heavy processes and requiring no complex integration, KlearHub enables importers, exporters, and supply chain partners to gain real-time, SKU-level visibility and centralized global command center of their trade data. The platform delivers a comprehensive suite of capabilities, including digitization of customs documents, tariff impact analytics, carrier-agnostic inventory tracking, and automated pre and post entry compliance audits. Trusted by over 2,000 customers worldwide—including Fortune 100 companies—KlearNow.AI is redefining global customs and trade management with intelligent automation and resilient data orchestration.

Shipfusion is the ultimate partner for rapidly scaling DTC brands. Say goodbye to fulfillment headaches and hello to the fast track to growth with a 3PL that works like an extension of your team. With Shipfusion as your trusted partner, you get dedicated, on-site account managers and support team members to answer questions in minutes, not days. Our tech-enabled warehouses and cloud-based software provide real-time order visibility and are purpose-built to effortlessly handle sales spikes and sustained growth. Create the perfect customer experience with custom packaging, kitting, and more—if you can dream it, we can do it. Enjoy the personalized service of a boutique 3PL with the powerful reach and cost-effectiveness of strategically located warehouses in Las Vegas, Chicago, Toronto, and York, Pennsylvania. With Shipfusion, you can focus on what you do best—growing your business. Let us handle the logistics so you can scale without limits. No matter how fast you grow, were always ahead of your fulfillment needs.

Over 20,000 nonprofits and socially-minded companies have used FrontStream to power their auctions, charity events, peer-to-peer and online fundraising, and employee giving.​

​​Inkling has joined forces with Echo360 to revolutionize learning, enhancing educational experiences for frontline workers, students, and learners worldwide. We are an employee training platform that revolutionizes how organizations engage frontline workers. We redefine mobile learning, granting immediate access to vital training and resources that enhance customer interactions. This transformative approach merges learning with agility, empowering employees to excel anytime, anywhere. Our intuitive platform stands at the forefront of modern learning solutions. It facilitates real-time, impactful learning across devices, driving operational excellence within organizations. Join us as we revolutionize workplace learning, driving remarkable business outcomes. By digitizing training and knowledge at the speed of work, Inkling drives better performance in today’s dynamic business environment. Our innovative content authoring and distribution experience enables employees to serve customers uniquely every day. This shift in the learning model for frontline workers from teach, study, test to find, learn, and do has proven to reduce costs and employee turnover, and increase revenue, employee engagement, and customer satisfaction. Experience the transformation with Inkling.

Fulcrum is a field-first SaaS platform transforming how organizations manage field data collection and inspections. Designed for the unique challenges of field teams, it automates workflows, captures real-time location data, and integrates seamlessly with GIS and other systems to ensure accurate information flow before, during, and after inspections. Organizations centralize operations on a single platform, standardizing data collection and boosting productivity. Fulcrum’s AI-powered tools, like FastFill, automate data entry from photos, voice, and text. Object recognition and face blurring enhance accuracy and compliance, while custom AI models enable specialized tasks. Fulcrum works online or offline, ensuring reliability even in remote areas. Trusted by thousands of organizations, Fulcrum improves data accuracy, reduces inefficiencies, and drives digital transformation, empowering teams to work faster and make smarter decisions in real time. Fulcrum is a product of Spatial Networks, Inc. Visit us at fulcrumapp.com.

We are a diverse, partner-minded investment firm focused on technology and tech-enabled businesses that have established market fit and are looking for more than just capital for the next phase of growth. We leverage thoughtfully structured solutions and invest behind thematic areas identified from 15+ years of experience. Our team has managed over $1B of AUM across more than 50 platform investments.

KlearNow.AI started in 2018 as an AI-powered licensed customs broker transforming how businesses navigate the complexities of trade management. As global supply chains face increasing disruptions, evolving tariffs, and mounting compliance challenges, KlearNow.AI offers a platform that simplifies and automates trade operations. By eliminating manual, paper-heavy processes and requiring no complex integration, KlearHub enables importers, exporters, and supply chain partners to gain real-time, SKU-level visibility and centralized global command center of their trade data. The platform delivers a comprehensive suite of capabilities, including digitization of customs documents, tariff impact analytics, carrier-agnostic inventory tracking, and automated pre and post entry compliance audits. Trusted by over 2,000 customers worldwide—including Fortune 100 companies—KlearNow.AI is redefining global customs and trade management with intelligent automation and resilient data orchestration.

Kayne Anderson, founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure, and energy. With a team defined by an entrepreneurial and resilient culture, Kayne Anderson’s investment philosophy is to pursue cash flow-oriented niche strategies where knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages $38 billion in assets (as of 3/31/2025) for institutional investors, family offices, high net worth and retail clients and employs 350 professionals.

Shipfusion is the ultimate partner for rapidly scaling DTC brands. Say goodbye to fulfillment headaches and hello to the fast track to growth with a 3PL that works like an extension of your team. With Shipfusion as your trusted partner, you get dedicated, on-site account managers and support team members to answer questions in minutes, not days. Our tech-enabled warehouses and cloud-based software provide real-time order visibility and are purpose-built to effortlessly handle sales spikes and sustained growth. Create the perfect customer experience with custom packaging, kitting, and more—if you can dream it, we can do it. Enjoy the personalized service of a boutique 3PL with the powerful reach and cost-effectiveness of strategically located warehouses in Las Vegas, Chicago, Toronto, and York, Pennsylvania. With Shipfusion, you can focus on what you do best—growing your business. Let us handle the logistics so you can scale without limits. No matter how fast you grow, were always ahead of your fulfillment needs.