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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
With FinovateSpring 2017 coming next month, we thought we’d take a look back at how the alums from our last spring conference a year ago have fared on the fundraising front.
And after a quick review, it seems that investors continue to be interested in the innovations of Finovate alumni. In fact, even without the $1.8 billion Golden Gate Capital spent on its acquisition of Neustar late last year ($2.9 million with debt included), the alums from FinovateSpring 2016 have had an impressive year of fundraising. While the specific funding amounts for a number of alums were not officially disclosed, our review shows more than $200 million raised by 20 FinovateSpring 2016 alums over the past year alone.
Among the bigger deals of the past year, the $72 million raised by OurCrowd stands out. OurCrowd, a crowd investing platform for venture capital, was founded in 2013 and is headquartered in Jerusalem, Israel. With a growing network of more than 17,000 investors, OurCrowd has raised $400 million on its platform, providing funding for 110 companies. Also noteworthy was the $29 million raised by FinDEVr/Finovate alum NYMBUS in two separate fundings in August and February. NYMBUS is an innovator in developing advanced, cloud-based core banking systems. Known as a “bank in a box” NYMBUS technology gives smaller banks and credit unions the ability to compete with larger FIs when it comes to providing customers with the latest digital banking services.
So to help get you ready for FinovateSpring 2017, here’s a list of the investments scored by alums from last year’s conference. And remember you can see live demos from all 20 of our fundraising FinovateSpring 2016 alums in our Video Archives.
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
Are you a FinovateSpring 2016 alums whose funding we missed? Send us an email research@finovate.com and we’ll be happy to make the update.
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Cloud-based information services specialist Neustar hired former Walmart Chief Data Officer Venkat Achanta to be its Chief Data and Analytics Officer. Achanta will develop and manage Neustar’s identity and attribution platform
Chief Marketing and Communications Officer Steven Wolfe Pereira called Achanta “a real thought leader” and pointed out that attracting top data-science talent is no easy feat. Pereira said that the position, newly created for Achanta, was a “great match” in part because of the way data science interacts with the entire company, from marketing and financial services to security and telecommunications.
Achanta comes to Neustar after working as Chief Data Officer for Walmart since 2014 where he was responsible for enterprise-wide data and analytics delivery and platforms. Before that, Achanta served as SVP, global head of analytics and big data at AIG; vice president of enterprise data services at Capital One; and VP, global product development and delivery for Experian. Achanta has a bachelor of science in computer science and systems engineering from Andhra University; and MBAs from the National University of Singapore and the UCLA Anderson School of Management. In his role as chief data and analytics officer for Neustar, he will report to company CEO and president, Lisa Hook, who called Achanta “uniquely qualified to lead Neustar’s data science innovations.”
Founded in 1999 and headquartered in Sterling, Virginia, Neustar demonstrated its PlatformOne solution at FinovateSpring 2016. The company announced in June that it would split into two companies—one based on call-routing for telecoms and the other on information services. This month, Neustar reported that it was working with Experian to make data onboarding easier for marketers by combining its strength in real-time information services with Experian’s vast national consumer database.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Proving that data is power when it comes to marketing, two Finovate alums with massive amounts of data have combined forces. Neustar and Experian began working together late last month to pool their data to help marketers find and onboard customers.
The solution combines Neustar’s Omnichannel Onboarding, a data onboarding solution, with the new digital data co-op from Experian Marketing Services, as well as Experian’s data quality, matching logic and global media partnerships.
The end result is a solution that will enable marketers to pool their customer data, allowing Neustar and Experian to find customers online. The companies are calling it a “digital data exchange.” In an interview with Beet.TV, Brienna Pinnow, Experian’s director of product marketing, said that by bringing together the “two huge data leaders” the companies are “taking onboarding to the next level.” Pinnow describes the offering as a “paid plus co-op sort of mentality,” and added, “Now you can reach even more people because we have such a large linkage pool for advertisers to leverage.”
Neustar’s Andrew Artemenko, senior director of digital strategy, debuted PlatformOne at FinovateSpring 2016Founded in 1999, Neustar debuted PlatformOne at FinovateSpring 2016. PlatformOne helps marketers identify and understand their customers while offering insight into reach and frequency. The Virginia-based company recently partnered with Twitter in Spain to help marketers optimize their campaign spending by offering insights using its MarketShare DecisionCloud planning tool.
Experian last demoed at FinovateFall 2012, where it debuted Premium Pre-qualification a credit-screening tool. Late last month the company announced that Freddie Mac will leverage Experian’s FICO scores to offer investors the information they need to value credit-risk transfer securities.
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
A look at the companies demoing live to 1,500+ fintech professionals May 10 & 11. Register today.
Neustar’s PlatformOne can uniquely bridge offline (call center, stores, direct mail, TV) and online channels to provide three fundamental advantages to marketers within the financial services industry.
Features:
Why it’s great
Neustar’s authoritative identity can help unify your consumer profile to deliver consistent experiences across channels, online and offline, and assess true effectiveness of marketing.
Presenter
Andrew Artemenko, Senior Director
Andrew has 10 years of digital strategy and execution experience. At Neustar, he focuses on large Fortune 100 finserv and retail clients, as an adviser on marketing technology, data strategy and test design.
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Check out today’s FinovateSpring 2016 Sneak Peek posts:
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.