allstarnero.blogg.se - New yorkbased smartasset series ttv capital

He is joined by fellow co-founder Michael Collins (CEO of Launch Angels, ex-TA Associates), vice president Erin Kutner McCafferty (former senior investment officer with the Massachusetts pension system) and New York-based "regional partner" Jason Klein (On Grid Ventures). TYV is led by co-founder Michael Madden, who previously was a managing director with Square 1 Bank. It also seeks to be funded by Harvard alums ($25k-$100k per investor), taking upwards of 99 each year (per its website).

New firm alert: The Yard Ventures has launched as a venture capital firm focused on startups founded by Harvard University alumni (albeit without any formal relationship to the school).

It doesn't necessarily mean anything beyond several firms believing that this is an unusual, one-off opportunity. “The value proposition of using financial tools to meaningfully increase both revenue and engagement is clearly resonating.So it's perhaps notable that today's private equity deals section includes a possible $2.5 billion transaction that includes a four-firm private equity consortium (hoping to buy CenturyLink's data centers business). “It has been remarkable to witness the rapid adoption of Captivate by a range of publishers,” said Miller.

Jon Miller, former CEO & Chairman of AOL, has also joined as an advisor. SmartAsset also welcomes new board members including: Andrew Lerner, Managing Partner of IA Capital Group Mark Johnson, Partner at TTV Capital and Thomas Evans, former CEO and Director of Bankrate. “The company has the best product in the space and we are excited to be a part of their effort to bring transparency to financial decision making,” he added. “SmartAsset is one of the fastest growing companies we have come across,” said Andy Lerner, Managing Director at IA Capital Group.

The platform has enjoyed widespread adoption with partners including AOL, CNN and Investopedia. When a match is found, Captivate automatically embeds a fully interactive calculator or data visualization directly into the article. The solution works by crawling content and looking for articles that are relevant to SmartAsset’s financial tools. Captivate enables publishers to host SmartAsset tools within relevant articles. In addition to the suite of financial tools, SmartAsset recently launched its rapidly growing Captivate platform. SmartAsset plans to grow into the auto and health insurance verticals as well. The company currently offers advice across a number of personal finance verticals, including: home buying, retirement planning, life insurance, personal loans, student loans, credit cards, loan refinance, taxes and investing. SmartAsset’s patent-pending AFM technology simulates the financial impact of different consumer decisions. With our platform now reaching more than 40 million people per month, it is incredible to see that vision becoming a reality,” he added. “We started this company in the wake of the Great Recession to use technology and data to bring dramatically better financial advice to people. “It’s an incredible endorsement of our strategy and mission to have such a strong group of Venture and Strategic Investors in this round,” said Michael Carvin, CEO and co-founder of SmartAsset. The company has now raised over $20 million, and will use the new funding to grow the team, expand the capability of its proprietary Automated Financial Modeling (“AFM”) platform and grow Captivate – the company’s recently launched solution for publishers. The round is led by IA Capital Group with participation from TTV Capital, Contour Ventures, Javelin Venture Partners, New York Life, Transamerica Ventures and Fitz Gate Ventures. SmartAsset, the financial technology company empowering people with personalized financial advice, announced today that it has raised $12 million in Series B funding.