VESTIGO VENTURES


Associated tags: LPL Financial, Venture, Software, Professional Services, Finance, Fintech, Bank, Financial technology

Locations: MASSACHUSETTS, UNITED STATES, NORTH AMERICA, WOLCOTT, FLORIDA

Vestigo Ventures and Ridge Ventures Invest in Aeqium as Pay Transparency, Stock-Based Compensation Challenges Accelerate

Retrieved on: 
Thursday, March 9, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230309005563/en/
    Aeqium simplifies compensation planning and flags pay equity issues with its automated total compensation management platform.
  • Vestigo Ventures led the seed round with participation from Ridge Ventures.
  • Photo: Peter McKee, co-founder & CEO of Aeqium
    Aeqium is addressing these problems with its automated total compensation management platform.
  • Vestigo Ventures coinvested with Ridge Ventures in the seed round, citing Aeqium’s management team, the market opportunity, and Aeqium’s capabilities as the new standard of compensation management.

Vestigo Ventures Invests in Calculum, First AI-Driven Treasury Solution to Optimize Working Capital

Retrieved on: 
Tuesday, March 7, 2023

Global economic and geopolitical shifts have made optimizing supply chains and working capital among the highest priorities discussed in board meetings.

Key Points: 
  • Global economic and geopolitical shifts have made optimizing supply chains and working capital among the highest priorities discussed in board meetings.
  • Calculum, headquartered in Miami, is addressing this universal problem with the first artificial intelligence (AI)-driven treasury solution to help companies optimize payment terms, free up cash flow, and improve sustainability.
  • View the full release here: https://www.businesswire.com/news/home/20230307005044/en/
    Vestigo Ventures Invests in Calculum, First AI-Driven Treasury Solution to Optimize Working Capital.
  • “It helps companies take control of their working capital, not just as a project, but as an embedded, enterprise-wide process.

Vestigo Ventures Invests in Knowbl Enterprise-Ready Conversational AI Platform

Retrieved on: 
Tuesday, February 28, 2023

Vestigo Ventures led the seed funding round, with several of its LPs seeking direct investment.

Key Points: 
  • Vestigo Ventures led the seed funding round, with several of its LPs seeking direct investment.
  • View the full release here: https://www.businesswire.com/news/home/20230228005306/en/
    Vestigo Ventures Led the Seed Round Investment in Knowbl, An Enterprise-Ready Conversational AI Platform That Leverages On-Brand, Compliant Content, Negating Enterprise Concerns of ChatGPT.
  • Ian Sheridan, cofounder of Vestigo Ventures, and member of Knowbl’s board, is exuberant about Knowbl’s promise.
  • “Our platform delivers on the most meaningful aspect of conversational AI – access to accurate, current, and compliant knowledge sources within a business.

Vestigo Ventures Invests in SaaSWorks to Equip Finance Teams with a Continuous, Single Source of Revenue Truth

Retrieved on: 
Wednesday, December 14, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221213005191/en/
    Vestigo Ventures recently invested in SaaSWorks, a scalable "more than just software" solution to equip finance teams with a continuous single source of revenue truth.
  • SaaSWorks, a startup funded and founded by veterans of HubSpot and Goldman Sachs, is on a mission to help finance teams create that trusted, single source of revenue truth.
  • Weve witnessed and experienced first-hand the lack of data insights plaguing leadership teams, says Mark Casady, Vestigo Ventures co-founder, and general partner.
  • The RevWorks solution by SaaSWorks equips your finance team to drive strategic decisions by powering a single source of revenue, customer, and usage truth.

As CEOs Prioritize Sustainability, Vestigo Ventures Invests in Climate Club to Drive Employee Engagement and Scope 3 Measurement

Retrieved on: 
Wednesday, October 5, 2022

Enter Climate Club , a carbon reduction platform that embeds sustainability into the employee experience and delivers quantifiable, scalable carbon and cost reductions.

Key Points: 
  • Enter Climate Club , a carbon reduction platform that embeds sustainability into the employee experience and delivers quantifiable, scalable carbon and cost reductions.
  • Vestigo Ventures , an early-stage venture capital firm based in Cambridge, Mass., recognized the enormous potential at the convergence of sustainability, corporate net-zero goals, and employee engagement and participated in a $6.5M seed funding investment in Climate Club.
  • Vestigo Ventures cites Climate Clubs differentiated ability to capture and reduce Scope 3 level emissions data as a key driver in the investment.
  • Climate Club embeds sustainability into the employee experience at leading companies and drives Net Zero emissions across every department, team and employee.

Vestigo Ventures Closes Oversubscribed Fund II with $117.3 Million

Retrieved on: 
Thursday, February 17, 2022

CAMBRIDGE, Mass., Feb. 17, 2022 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on investing in transformative FinTech companies, announced that it has successfully closed Vestigo Ventures Fund II, L.P. ("Fund II") with $117.3M total fund commitments that surpassed its fundraising goal.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 17, 2022 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on investing in transformative FinTech companies, announced that it has successfully closed Vestigo Ventures Fund II, L.P. ("Fund II") with $117.3M total fund commitments that surpassed its fundraising goal.
  • Vestigo General Partner Mark Casady notes that despite the substantial increase in fund size, the firm will stick to its winning formula.
  • AI remains the most viable technology theme for Fund II.
  • Vestigo Ventures finds and funds the emerging technologies that best serve the $91.5B global annual market for FinTech.

Vestigo Ventures Expands Expertise and Vision with New Hire

Retrieved on: 
Tuesday, March 9, 2021

CAMBRIDGE, Mass., March 9, 2021 /PRNewswire/ -- Vestigo Ventures, Boston's first FinTech venture capital firm, has announced the hiring of Kelly Shaw as the company's first principal.

Key Points: 
  • CAMBRIDGE, Mass., March 9, 2021 /PRNewswire/ -- Vestigo Ventures, Boston's first FinTech venture capital firm, has announced the hiring of Kelly Shaw as the company's first principal.
  • "The success of any venture capital firm is highly correlated to the quality of its management," says Vestigo's cofounder, Mark Casady.
  • "My partners at Vestigo have a rich range of financial industry and investment experience," Shaw shares.
  • Vestigo Ventures finds and funds the emerging technologies that best serve the $12B annual market for FinTech services.

Vestigo Ventures and AXA Venture Partners Lead $11 Million Round for Jobble

Retrieved on: 
Tuesday, July 30, 2019

BOSTON andCAMBRIDGE, Mass.and PARIS, July 30, 2019 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on making investments in transformative fintech companies, and AXA Venture Partners , a venture capital fund investing in high-growth, technology-enabled companies, announced today the close of an $11 million financing round for Jobble , a leading community of on-demand workers.

Key Points: 
  • BOSTON andCAMBRIDGE, Mass.and PARIS, July 30, 2019 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on making investments in transformative fintech companies, and AXA Venture Partners , a venture capital fund investing in high-growth, technology-enabled companies, announced today the close of an $11 million financing round for Jobble , a leading community of on-demand workers.
  • The funding round was led by Vestigo Ventures and AXA Venture Partners with participation from Guardian Strategic Ventures and Harlem Capital Partners.
  • "Jobble has built a market-leading platform that enables companies to quickly and cost-effectively recruit gig economy workers," added Alex Scherbakovsky, General Partner at AXA Venture Partners.
  • AXA Venture Partners (AVP) is a venture capital fund investing in high-growth, technology-enabled companies.

Vestigo Ventures and CMT Digital Lead $3.4 Million Round for FRST

Retrieved on: 
Tuesday, October 16, 2018

The funding round was led by CMT Digital and Vestigo Ventures.

Key Points: 
  • The funding round was led by CMT Digital and Vestigo Ventures.
  • FRST is an enterprise-grade, trading-floor-ready technology suite that allows professional traders to perceive, categorize and act upon transactions involving digital assets.
  • "We view Vestigo Ventures and CMT Digital as important strategic investors for FRST," added Karl T. Muth, FRST's CEO.
  • We look forward to working closely with Vestigo and CMT Digital as FRST moves from beta to release over the coming months."

Vestigo Ventures Leads $1.5 Million Financing Round for ZenLedger

Retrieved on: 
Monday, September 17, 2018

CAMBRIDGE, Mass., Sept. 17, 2018 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on making investments in transformative fintech companies, announced today that it led a $1.5 million financing round for ZenLedger , the No.

Key Points: 
  • CAMBRIDGE, Mass., Sept. 17, 2018 /PRNewswire/ -- Vestigo Ventures , an early-stage venture capital firm focused on making investments in transformative fintech companies, announced today that it led a $1.5 million financing round for ZenLedger , the No.
  • The financing round also included Castle Island Ventures.
  • "An underlying investment thesis of Vestigo Ventures is a strong belief in the need for a formidable infrastructure for investing in digital assets.
  • Vestigo Ventures is an early-stage venture capital firm headquartered in Cambridge, Massachusetts that invests in financial technology (fintech) companies.