![]() Importantly, StepStone’s venture platform today comprises one of the largest asset teams dedicated to the VC and Growth asset class, with over US$31 billion in assets under management as of Maand some 240-plus manager relationships. Growing its reach even further, in 2021, StepStone acquired Greenspring Associates, one of the world’s largest allocators within the VC ecosystem. Last year, it allocated more than US$75 billion across private equity, infrastructure, private debt and real estate. StepStone Group (Nasdaq: STEP) is one of the largest private market investment managers in the world. This latest global VC opportunity is a testament to realising this vision,” said Michael Chisholm, CEO at LGT Crestone. “We’ve always had a clear vision: to bring world-class investment opportunities to Australian HNWI. The StepStone Private Venture and Growth Fund (SPRING or the Fund), which is being offered in multiple jurisdictions, will invest globally in private companies focused on the ‘innovation economy,’ and those companies that are benefiting from long-term secular trends, often technology themed. “With the seed round of funding from a year and a half ago, we were able to build a fast-growing and profitable business, and have established ourselves as one of the top players in the WordPress hosting market.LGT Crestone is partnering with StepStone Private Wealth to offer one of the first open-ended venture capital (VC) funds of its kind, allowing Australian high-net-worth investors (HNWI) to invest in a global, highly diversified portfolio of unlisted, high-growth companies. “We’ve got a large and growing customer base and cash in the bank,” he wrote. The company raised about $1.2 million in 2014, which was led by Omaha-based Linseed Capital.ĭavidson said that Flywheel was in a rare position for a startup in that it didn’t need the capital it just raised. Founded in 2013, Flywheel now has more than 40,000 clients. The Omaha World-Journal reports that Flywheel employs 35 people and expects to grow to a staff of 80 by the end of 2016, Davidson said. The site allows users to create, launch and manage sites from a central location, helping to foster collaboration. And we’re just getting started transforming the hosting industry for the people who design and build the majority of the sites in the world: designers and agencies.”įlywheel offers WordPress-based hosting services specifically targeting designers and creative agencies. “We’ve also got an amazing team of creative, passionate Flywheelers who are excited for what the future holds. “We couldn’t ask for better partners than the team from Five Elms, who we’ve known for many years and are excited to work with side-by-side,” Davidson wrote in a blog post. The firm’s advisory board features Jeff Stowell, who is leading Kansas City’s new $25 million seed fund, Royal Street Ventures & Innovation Center.įlywheel CEO Dusty Davidson said that he’s pleased with the partnership his company has struck with the Kansas City investment firm. ![]() Five Elms has invested in other area firms such as Kansas City-based United Medicare Advisors, Lenexa-based Smart Warehousing and Kansas City-based Spring Venture Group, of which Coulson is founder and chairman.įive Elms focuses on investments of $3 to $30 million in business-to business firms with $2 to $20 million in revenue. Linseed Capital and the Nebraska Angels, a network of venture capitalists, also joined the round.įive Elms was founded by Fred Coulson, who serves as its managing partner. Kansas City-based Five Elms Capital recently led a round of financing for an O maha blog-hosting startup.įive Elms led a $4 million round for Flywheel, allowing the startup to add features to its platform for designers and agencies, as well as beef up marketing and sales operations. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |