PitchBook Data

Private markets, public risk? Financial stability implications of alternative funding sources

Retrieved on:

星期二, 五月 28, 2024

Euro area private markets have grown significantly in recent years, providing alternative funding sources for companies and diversification benefits for investors.

Key Points:

Euro area private markets have grown significantly in recent years, providing alternative funding sources for companies and diversification benefits for investors.
While private markets are currently small relative to public markets and bank lending in the euro area, continued strong growth, financial innovation and opaqueness in private markets could contribute to financial stability risks.

Morningstar to Appoint Rod Diefendorf as President and Chief Operating Officer of PitchBook

Retrieved on:

星期三, 五月 22, 2024

Software, Data Analytics, Finance, Asset Management, Data Management, Professional Services, Technology, Fintech, Growth, Research, PitchBook Data, Renewable energy

Morningstar (Nasdaq: MORN), a leading provider of independent investment insights, today announced that Rod Diefendorf will be appointed the next leader of PitchBook as President and Chief Operating Officer, reporting to Morningstar CEO Kunal Kapoor.

Key Points:

Morningstar (Nasdaq: MORN), a leading provider of independent investment insights, today announced that Rod Diefendorf will be appointed the next leader of PitchBook as President and Chief Operating Officer, reporting to Morningstar CEO Kunal Kapoor.
This appointment comes after PitchBook founder John Gabbert announced his plans to depart.
“Rod is a proven leader who has worked alongside John for years and knows PitchBook inside and out.
Since joining PitchBook, he has played an instrumental role in driving PitchBook’s strategic roadmap and enabling PitchBook to scale its operations globally.

Fintech Company Yendo Raises $165 Million in New Capital to Fuel Growth

Retrieved on:

星期四, 五月 16, 2024

Personal Finance, Finance, Automotive, General Automotive, Vehicle Technology, Fintech, Banking, Professional Services, Other Automotive, Growth, PitchBook Data, Bank

Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group .

Key Points:

Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group .
The financing will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states.
Specifically, Yendo will use the financing to fund the growth of originations on its platform, which will enable the company to extend credit to more Americans at affordable rates.
In addition to the debt facility, Yendo has raised $15 million in equity from undisclosed strategic investors.

Abnormal Security Named to CNBC Disruptor 50 List

Retrieved on:

星期二, 五月 14, 2024

Software, Technology, Artificial Intelligence, Security, CNBC, Organization, Machine learning, Entrepreneurship, Workforce, PitchBook Data, AI, CRN, Abnormality (behavior), Behavior, Enterprise, Gold, Advisory Council, Medical device

Abnormal Security , the leader in AI-native human behavior security, today announced that it was named to the 2024 CNBC Disruptor 50 list, which identifies fast-growing and innovative private startups that are advancing breakthrough technology to disrupt their industries.

Key Points:

Abnormal Security , the leader in AI-native human behavior security, today announced that it was named to the 2024 CNBC Disruptor 50 list, which identifies fast-growing and innovative private startups that are advancing breakthrough technology to disrupt their industries.
The CNBC Disruptor 50 is selected by CNBC editorial staff based on a blend of quantitative and qualitative criteria, with additional quantitative input from Disruptor 50 data partners PitchBook and IBISWorld, as well as the CNBC’s Disruptor 50 Advisory Council, a group of 50 leading thinkers in the field of innovation and entrepreneurship, who weighted the quantitative criteria and provided additional analysis of qualitative information.
“In just five years, Abnormal has become one of the world’s fastest-growing cybersecurity startups and is continuing to grow rapidly,” said Evan Reiser, chief executive officer at Abnormal Security.
Abnormal was recently named to Wing Venture Capital’s sixth annual Enterprise Tech 30 —a definitive list of the most promising, private enterprise tech companies across all stages of maturity.

Keiretsu Forum Regions Demonstrate Investment Stability Amidst Industry-Wide Downturns

Retrieved on:

星期二, 四月 23, 2024

Keiretsu Forum, Ecosystem, Investment, PitchBook Data

Howard Lubert , Keiretsu Area President, attributes this resilience "as a testament to our member investors and their commitment to funding innovation, particularly within the Life Science sector, renowned as our region's stronghold."

Key Points:

Howard Lubert , Keiretsu Area President, attributes this resilience "as a testament to our member investors and their commitment to funding innovation, particularly within the Life Science sector, renowned as our region's stronghold."
Despite the overall industry downturn, this minor contraction within Keiretsu Forum reflects an unwavering commitment to innovative advancements and visionary leadership.
Keiretsu Forum has sustained as an industry leader through an unrelenting focus on quality deal flow, vigorous due diligence processes, and a highly collaborative approach to investment selection.
This tailored approach is reinforced by a network of members, partners, and strategic alliances, enabling access to top-tier entrepreneurs and investment opportunities.

Morningstar, Inc. Reports First-Quarter 2024 Financial Results

Retrieved on:

星期三, 四月 24, 2024

With a strong start to 2024, we remain focused on our goal of generating durable, long-term growth."

Key Points:

With a strong start to 2024, we remain focused on our goal of generating durable, long-term growth."
The Company's quarterly shareholder letter provides more context on its quarterly results and business and can be found at shareholders.morningstar.com.
Adjusted operating margin was 20.4% in the first quarter of 2024, versus 10.8% in the prior-year period.
Adjusted diluted net income per share increased 208.9% to $1.73 in the first quarter of 2024, compared with $0.56 in the prior-year period.

Kelp and PitchBook Announce Data Partnership

Retrieved on:

星期二, 四月 9, 2024

Professional Services, Data Management, Data Analytics, Technology, Software, Finance, Fintech, Intelligence, Partnership, PitchBook Data, Research, News, Investment, M&A, Multimedia, Data, Cryptocurrency

Kelp, a FinTech decision and analytics platform for alternative investors, and PitchBook, the leading data provider for the private and public equity and credit markets, are excited to announce today an agreement to integrate PitchBook data within Kelp’s software suite.

Key Points:

Kelp, a FinTech decision and analytics platform for alternative investors, and PitchBook, the leading data provider for the private and public equity and credit markets, are excited to announce today an agreement to integrate PitchBook data within Kelp’s software suite.
View the full release here: https://www.businesswire.com/news/home/20240404619857/en/
Kelp's Deal Identification module is a "last-mile" dashboard that integrates millions of prepopulated Kelp company and market data points with both internal proprietary files and third-party feeds, such as PitchBook.
(Graphic: Business Wire)
With the launch of this partnership, Kelp clients can integrate PitchBook data – including financial data on private and public companies, investors, funds, limited partners and service providers – directly into their instance of Kelp.
The company's data and analysis are available through the PitchBook Platform, industry news and in-depth reports.

Ballistic Ventures Closes $360 Million Oversubscribed Fund II to Fuel the Next Generation of Cybersecurity Innovation

Retrieved on:

星期四, 三月 14, 2024

Financial management, Organization, McKinsey & Company, Software as a service, Growth, Palo Alto Networks, Philosophy, Alethea, Partnership, SAN, Head, Knowledge, PitchBook Data, Running, Acquisition, AI, Kleiner Perkins, TAM

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.

Key Points:

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.
Fund II for Ballistic Ventures reinforces its commitment to exclusively fund and incubate entrepreneurs and innovations shaping the future of our cybersecurity.
Ballistic Ventures closes its oversubscribed $360M second fund.
In a sector with promising tailwinds, Ballistic Ventures is set apart by the expertise of its team.

Gunderson Dettmer Named the #1 VC Law Firm Globally for 10 Straight Years by PitchBook Global League Tables

Retrieved on:

星期一, 二月 26, 2024

Axios, The Washington Post, Lawyer, AI, Bloomberg, Steven Naifeh, PitchBook Data, N-1 Victory, Organization, Ecosystem, Negotiation, Publication, Artificial intelligence, Cryptocurrency

Managing Partner Jeff Higgins had this to say about the firm’s achievement, “Over the 10 years Gunderson has been recognized by PitchBook as the top VC law firm, the VC ecosystem has experienced periods of expansion and contraction. 2023 was a year that demanded resilience and our company and investor clients—not to mention our firm -- met the moment and ended the year strong. I am optimistic that 2024 will be a year where the market settles into a new normal and offers numerous opportunities for the best companies to grow and thrive.”

Key Points:

REDWOOD CITY, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gunderson Dettmer, the leading venture capital law firm globally, has once again been recognized by PitchBook for its outstanding performance in the annual Global League Tables 2023 .
Managing Partner Jeff Higgins had this to say about the firm’s achievement, “Over the 10 years Gunderson has been recognized by PitchBook as the top VC law firm, the VC ecosystem has experienced periods of expansion and contraction.
Gunderson Dettmer's exceptional performance extends beyond the PitchBook Global League Tables with consistently high rankings from reputable organizations such as Chambers, The Legal 500, Asian Legal Business, India Business Law Journal and LawDragon.
Notably, Gunderson Dettmer has been recognized as the 2024 Venture Capital Law Firm of the Year by Best Lawyers .

OurCrowd AI Fund to Collaborate with NVIDIA Inception

Retrieved on:

星期二, 三月 5, 2024

OurCrowd AI Fund announced it will offer select artificial intelligence startups, in collaboration with NVIDIA, a fast track into the NVIDIA Inception program.

Key Points:

OurCrowd AI Fund announced it will offer select artificial intelligence startups, in collaboration with NVIDIA, a fast track into the NVIDIA Inception program.
The OurCrowd AI Fund provides investors with access to the next revolutionary wave of global venture capital opportunities in mission-centric AI companies and the generative AI space, helping solve real-world problems across multiple verticals.
Arik Kol, Senior Director, Head of NVIDIA Inception Israel said, “Our collaboration with OurCrowd AI Fund will develop the next generation of AI startups, helping to shape the way that AI will benefit multiple aspects of our lives."
Qualifying startups selected for the OurCrowd AI Fund portfolio will be fast-tracked into Inception, which will support them through access to NVIDIA Training courses.