A Mission to support emerging technologies in FinTech
The mission of ValueStream is to accelerate the adoption of new technologies in the Financial Services industry. We foster a community of customers, professionals, and investors, and partner with emerging technology enabled Financial Services startups, with a strong focus on companies that target the Professional (B2P), Institutional (B2I), and Enterprise (B2B) spaces.
The founding team and its group of advisors have deep content expertise across the Financial Services industries, startup operations, and alternative investment management.
Our process focuses on customer and product development. For companies that are past the “man with a plan” stage, we combine a customer feedback and industry mentor-driven model to enable our portfolio companies to move beyond a working prototype into the sustainable customer base stage – typically in preparation for a growth inflection point. Our program is the missing link in the Financial Services startup community.
A discovery point for Financial Services innovation
A Team with Deep Expertise in Financial Services
Greg Neufeld Managing Partner / Founder
Greg co-managed a series of investment funds at SI Capital Management trading market index futures and options,
before leaving to pursue entrepreneurship including stints at FailStation and as the co-founder
of Freespeech, a consumer mobile messaging app.
Josh has substantial experience both in growing technology startups and in the investment management
industry. Josh co-founded BuyWithMe, a rapid-growth ecommerce company, which grew from 2 to 200
employees in less than 3 years, raised $37M of venture capital, and was acquired by Gilt Groupe.
Karl has significant experience advising and launching innovative financial services companies and
projects across the US, Europe, the Middle East, and East Asia, most recently as a senior member of
Oliver Wyman’s Financial Services and Private Equity groups.
Ryan has experience working in investment management at Goldman Sachs, BlackRock, and other firms. Most
recently Ryan worked as an Analyst within DuPont Capital’s Alternatives Group focusing on Private Equity
and Venture Capital fund investing. Prior to that Ryan worked with an ecommerce startup Foranima as an integral
member of the business development team.
Advisors and Investors
Gavin is a veteran of Goldman Sachs where he ran Asian Equity Sales,
Event-Driven Sales, Hedge Fund Sales, and Private Equity teams in New York, Sydney and
Hong Kong over the last decade.
Peter is a veteran trader, futures industry executive and angel investor. Peter was a
founding partner of Tudor Investment Corporation with Paul Tudor Jones where he led a team of researchers,
traders and systems developers. He currently serves as Chief Strategist to QUAD Trading and sits on the
board of many successful companies and philanthropic organizations. Peter is a founding board member of
Math for America and the Robin Hood Foundation.
Ahmed is the Managing Member of Landmark Investors, an alternative investment management firm operating
hedge funds and funds of funds in conservative value oriented strategies. He is also the Founder of
Baron Advisors, an M&A advisory boutique focused on middle market transactions, and previously held
roles at Investcorp and Morgan Stanley.
Greg is Portfolio Manager and a founding partner at Maritime Capital. Prior to Maritime,
Greg was a co-head of fixed income trading at Legend Securities, a trader in the Professional Trading Group at the
Royal Bank of Canada, and an analyst in the Portfolio Analytics Group
(PAG) at BlackRock Solutions. He was also a founder
of ClickFacts, Inc., a click-fraud technology company in the online advertisement space which was funded by YCombinator in 2005.
Sam is a portfolio manager at Levin Capital Strategies, an asset management firm in New York, where he employs a
merger arbitrage strategy. His is also a co-founder of Dataminr, a leading provider of tools that extract value from
social media for clients in the finance and government sectors.
Bill has over ten years of experience managing global electronic trading businesses, and
has worked closely with technology, quant research, sales and risk/ops teams across the industry. Bill is
currently Vice President of Equities Strategies at Goldman Sachs and was previously
Managing Director of Market Making at KCG.
Matt is Founder and CEO of Marco International Group, a boutique firm with over ten years of experience
with Real Estate, Capital Raising, Private Equity, & Hedge Fund Introductions.
Ted founded FTEN Inc. in 2001 at 26, building his tech startup into the industry’s leading provider
of real-time risk-management around the globe. FTEN made the top 50 of Inc.’s 500 List twice,
received a major investment from Goldman Sachs, J.P. Morgan, Credit Suisse and Merrill Lynch,
and was acquired by NASDAQ in 2010. Ted currently manages Triangle Ventures, a firm that creates its
own business and technology inventions for markets impacted by fragmentation or stuck at a point of inflection.
Adam is co-Founder of ACE & Company, a boutique investment and advisory firm based in Geneva, Switzerland.
Founded in 2005, the company has representative offices in Tunis, Egypt, London and New York City.
Sam has an extensive background in U.S. equity and fixed income markets, electronic and
algorithmic trading and execution strategies, market making, market structure and technology
integration. Sam is Head of Liquidity Strategy at Jump Trading and previously ran trading
at Caherciveen Partners and U.S. equities market making at Sun Trading.
James Weiss has 15 years of experience in a combination of startup and corporate advisory roles, most
recently as COO for Pure Growth Partners, a start-up venture firm, and its first portfolio company,
SK Energy Shots (backed by hip-hop mogul 50 Cent).
Big opportunity: Find the legacy jobs in Finance that don’t deserve to be such high-earners and build technology solutions to lower the barriers to entry for these roles, and eventually automate the hell out of them.
So if you’ve ever thought about leaving your post to join a FinTech startup – or if you’re freaked out that your job is ripe for disruption – it’s probably time to think about saving a good chunk of your 2016 bonus so that you can afford to join up with the FinTech startup...
If you’re building a startup that collects unique data, hedge funds want to talk to you... by yesterday.
Here are examples of company archetypes for data deals we’ve been seeing and some metrics around revenues those companies are commanding for data...
"There is a new world order coming to Wall Street", and ValueStream's portfolio companies are paving the way.
Some of the companies look to usurp traditional players, and others step into the gaps they've left behind.
June 15, 2015 | Compass Magazine
From retail banking customer service to the capital markets, financial technology – FinTech for short – is reshaping the financial industry as established players scramble to compete with or buy up the technology startups that are streamlining age-old processes.
“The entire financial services industry is going to be reinvented with technology, and we think there is US$1.25 trillion in the US alone that’s up for grabs,” said Greg Neufeld, managing partner and founder of New York-based ValueStream Labs, one of the “seed accelerators” that has emerged in key cities across Europe, the US and Asia to foster a community of support for FinTech startups. “Services are becoming products, relationships are becoming electronic platforms and manual processes are being automated,” Neufeld said. “The delivery mechanism is Web and mobile instead of in person or over the phone.”
-B2B Versus B2C FinTech
-London Versus New York
-Banks Buying Startups
ValueStream recently announced that it has expanded its fintech funding, providing between $100,000 and $1.5 million in funding per portfolio company.
This is significantly larger than any other accelerator in the space, but that's only part of the story. The other part involves the success that ValueStream has already achieved.
Winning a place at one of New York City's elite startup accelerators is like getting accepted to Harvard or Yale—and many entrepreneurs go all-out to secure what can be a powerful calling card. But, with startup hubs multiplying, even the most prestigious facilities now must work overtime to lure prized applicants.
Recently I got a chance to meet with Greg Neufeld of ValueStream Labs to discuss the Financial Tech accelerator he manages, as well as his thoughts on the accelerator landscape.
New York is one of the world’s financial capitals, and for a long time, FinTech has been regarded as that back office stuff – classic enterprise technologies such as processing, data management, record administration, security and the like.
Well, that has all changed and here are some of the people who are changing it and the way Wall Street itself doing business and finding – and disseminating – information. Word on The Street is that financial technologies are taking over the front office now, too. Read on and be warned: it’s not your father’s FinTech anymore…
The opportunities in fintech innovation are substantial. A recent Accenture report says that “Since 2008, global investment in financial services technology (“fintech”) ventures has tripled to nearly $3 billion. The dramatic changes underway in financial services, driven by new digital technology, regulations, consumer behavior and the need to reduce costs, mean this trend is set to continue, with global investment on track to grow to up to $8 billion by 2018 .”
Financial technology startups are transforming financial services. But whether they are complementary or competitive businesses, financial service professionals must get involved with FinTech startups ASAP.
New York's fintech cluster has grown twice as fast as the Valley's over the past five years.
ValueStream Labs hosted their annual FinTech Cup on Monday night. This year, eight technology start ups competed to show they were bringing the most innovative and impressive developments to the financial sector.
Whether success or failure, devil or savior, IEX exists because enough members of the buy-side community wanted it to.
The reason we created VSL was because we believe that data, technology, and transparency are the answer -- and that this is the beginning of a wave of buy-side investment in technology and startups in recognition of the impact technology is having even in the most fundamental aspects of investment management.
ValueStream Labs, a firm that helps connect entrepreneurs, investors, and financial services professionals, has two offices in Manhattan in partnership with OfficeLinks, a leading NYC office space provider. Its large co-working space, seen in the following slideshow, can seat entrepreneurs from many firms. ValueStream is an investor in ChartIQ and Estimize, two of the more established vendors whose employees sometimes use this location while in New York for meetings.
Entrepreneurs are preparing for a new generation of infrastructure providers.
Estimize, a US start-up that pools members' forecasts for earnings results at listed companies, has raised $1.2 million in funding and launched a crowdsourced mergers and acquisitions predictions platform. Current investors Bob Greene from Contour Venture Partners and Jim Savage from Longworth Venture Partners joined the round along with several individuals and a syndicate of angels put together by ValueStream Labs.
Investors include a syndicate of hedge fund, bank and exchange executives, bank analysts, current and former CEOs of technology companies and family offices, assembled using the AngelList funding platform by ValueStream Labs, a technology startup venture and development company that helps early-stage financial technology companies─specifically those pursuing disruptive technologies that re-create legacy processes─to find partners and investors, and to accelerate their business and product development strategies.
"In finance, you have this ‘triple-threat individual' who can be an investor, an advisor and a customer. We had a number of high-quality people who had worked with Estimize during its early stages, and had expressed interest in being part of any future fundraising," says Greg Neufeld, an advisor to Estimize and founding partner of ValueStream, which began working with Estimize in March 2013 to help the vendor improve its access to customers and customer feedback via its ValueStream Development Lab.
"We have brought a lot of new institutions to the Estimize conversation," Neufeld says. "It's about finding people who understand what Estimize is trying to do, and getting products and features in front of potential clients and explaining in a way to those decision-makers so they can communicate the value of Estimize as a partner within their organization."
Cutting edge technology vendors have retargeted their products for the buy-side, a welcome change after years of stagnant technology spending.
The Finance Technology 2.0 model is based on automation and technology rather than relying on people and manual processes.
“This is the best place to meet a potential partner for fintech start-ups, or to get to hired,” said Greg Neufeld, founder of ValueStream Labs. “This is the coming together of a verticalized start-up community.”
Greg discusses how investment bankers are increasingly interested in joining the tech startup scene and what skills will help them make that transition.