FinovateFall 2009 / TILE Financial
Presenter Profile:
How they describe themselves: TILE, The Investing Learning Environment, provides an online private labeled environment for financial advisors and parents to educate the next generation of high net worth investors, 15 to 25 years old, about Spending, Growing, and Giving their money. We estimate the next generation will inherit more than $1 trillion over the next 10 to 15 years – representing a tremendous challenge and opportunity for today’s wealth managers. Using a combination of Workflow, Community, and Content, TILE engages its members to create their own financial identity. Its unique tone and interface is accessible, relatable, and focused on this attractive, and important demographic.
What they think makes them better: TILE is a paradigm shift in fi nancial services. In the audience it targets, its tone, and its medium, TILE is one of the first financially oriented services to recognize and embrace the new world of Generation Y. Philosophically, TILE takes a people versus product driven approach to facilitate communication between young adults, parents, and advisors. Practically, TILE is not “just budgeting tool/a fancy market watch” and there is no advertising. The three-pronged (Spend, Grow, Give) approach to building a financial identity introduces true next generation financial services.
Contacts:
Biz Dev: Amy Butte, amy@tilefinancial.com, 212-905-6250
Press: media@tilefinancial.com, 212-905-6250
Website: www.tilefinancial.com
HQ Location: New York, New York
Company Founded: 2008
Product Being Demoed: www.tilefinancial.com
Product Launched: Fourth Quarter 2009
Metrics: Angel funded, 12 employees, beta launch in Q4 2009
- Key Executives
Amy Butte (Co-Founder and CEO), Mony Rueven (Co-Founder), Nick Galbreath (Chief Technology Officer)
Key Stats
- Key Board Members
Noah Brier (The Barbarian Group), Elias Dokas (MidOcean Partners), Joel Hollander (Echo Place Partners), Larry Leibowitz (NYSE Euronext), Peter Osgood (Osgood, Odonell & Walsh), Nathan Richardson (The Gilt Groupe), Heidi Steiger (Berkshire Capital) partnerships: NYSE Euronext, DoSomething.org
- Key Advisory Board Members
Noah Brier (The Barbarian Group), Elias Dokas (MidOcean Partners), Joel Hollander (Echo Place Partners), Larry Leibowitz (NYSE Euronext), Peter Osgood (Osgood, Odonell & Walsh), Nathan Richardson (The Gilt Groupe), Heidi Steiger (Berkshire Capital) partnerships: NYSE Euronext, DoSomething.org
- Key Partnerships
Noah Brier (The Barbarian Group), Elias Dokas (MidOcean Partners), Joel Hollander (Echo Place Partners), Larry Leibowitz (NYSE Euronext), Peter Osgood (Osgood, Odonell & Walsh), Nathan Richardson (The Gilt Groupe), Heidi Steiger (Berkshire Capital) partnerships: NYSE Euronext, DoSomething.org