ValueStream Portfolio Companies

ChartIQ

ChartIQ is a premier provider of financial charts, including both technical analysis tools and novel visualizations of fundamentals, available on the web, tablets, and smartphones. The firm's products are used directly by traders, analysts, and individual investors, and licensed by brokerages, financial websites, and other technology platforms. Using a highly robust proprietary API, ChartIQ is actively developing a wide range of innovative data visualizations, intuitively putting social, fundamental, and macro data in the context of charts across all asset classes. The firm has partnered with numerous cutting edge execution and analysis tools, including Estimize. www.chartiq.com

Estimize

Estimize is a buy side and independent analyst estimates platform. The firm was founded in 2011 by former quantitative hedge fund analyst Leigh Drogen, with the belief that sell-side analysts are not correctly incented to provide accurate and unbiased earnings analysis due to inherent conflicts within the investment banking construct. By crowdsourcing estimates from a diverse community of individuals, Estimize provides both a more accurate and more representative view of true expectations. Over 13,000 analysts contribute to Estimize on over 1,500 publicly traded stocks. The Estimize consensus has proven more accurate than comparable sell-side data sets over 69% of the time. Estimize raised a $1.2M Series A round from Contour Venture Partners and Longworth Venture Partners in September 2012. www.estimize.com

ClearFactr

ClearFactr is a browser-based spreadsheet purpose-built for financial and numerical analysis, forecasting, and modeling. Its goal is threefold: greatly increase your productivity, greatly enhance your understanding, and greatly reduce your errors. It makes it easier for you and your audience to build and understand financial models by replacing all of the typical formula mess in a traditional spreadsheet with formulas written in plain English. But this doesn't mean ClearFactr sacrifices power for simplicity. It also features a suite of advanced, patented analytics, simulation, scenario comparison, version control, and team collaboration tools that are unmatched by legacy products. www.clearfactr.com Learn more

Exitround

Exitround is a software-based M&A marketplace connecting buyers and sellers of companies in over 36 countries. Its proprietary data and software algorithms enable buyers to efficiently prospect, identify and connect with potential sell-side opportunities, both strategic and private equity. With over 1,000,000 active M&A connections, Exitround is introducing software innovation to the way companies are bought and sold. www.exitround.com

Descartes Labs

With expertise in deep learning and advanced remote sensing algorithms, Descartes Labs is teaching computers how to see the world and how it changes over time. Their first application is to use massive amounts of satellite imagery, across both visible and non-visible spectrums, to gain a better understanding of global crop production. The team and technology was incubated at Los Alamos National Laboratory with 7 years of research and $15M of funding. www.descarteslabs.com

LoanHero

LoanHero is an innovative point of sale financing solution for physical merchants that combines strategic balance sheet capital with a broad network of lenders to dramatically increase approval rates for in-store customer financed purchases. The team brings a deep bench of experience in consumer and point of sale financing combined with a modern capital markets approach to small dollar financing. www.loanhero.com

Sensai

Sensai is a Concept Intelligence Platform that provides insights to business users by reading millions of pieces of content and instantly deriving the topics of value discussed in those documents. Sensai works with both publicly available content sources (e.g. websites, news feeds) and user-supplied content sources (e.g. proprietary written research created by analysts within a firm, emails, or just about anything else). The platform is designed for users of all skill levels, and advanced users can also write queries using Sensai's proprietary concept-analysis query language. Sensai's team has deep experience in machine learning, language design, natural language processing and compiler technologies with previous roles at Google, Kosmix, Motorola, Deloitte, Blackboard, Internet Archive, and Rally.org. www.sens.ai

Sein Analytics

Sein makes investing in structured finance easier by bringing the SaaS data and analytics together to replace desktop tools that are complicated, expensive, and time consuming. Sein provides clean data from leading trustees of asset-backed securities (ABS), providing direct and up-to-date access to loan-level and deal level information. The platform can be instantly set up and deployed on a private, public or hybrid cloud to ensure security - plus as a cloud based product users only pay for computing power as they need. Sein offers its own library to research deals or allows users to create customized deals using a Deal Wizard - no coding required. Customers can view a deal's historical data, understand its structure and waterfall, run a forecast based on a template, compare a deal's performance, and then download and share results. www.seinanalytics.com

TickerTags

TickerTags provides actionable investment insights by monitoring the social web, blogs, news, and other content in real-time, tracking and analyzing a taxonomy of over 350,000+ keywords and phrases (tags) associated with more than 8,000 public stocks (tickers). Tags include terms of significance to each stock, including competitor names, trending topics, product names, key personnel, and more. The tag library is maintained by expert curators in collaboration with the TickerTags user community. Users can use either the web or mobile app to search for trending tags, set alerts, view content sources, perform historical research/benchmarking, and to track private tags only visible to them. An API is also available for integration with other apps and for use by quantitative/algorithmic investment firms. www.tickertags.com Learn more

Closir

Closir is an online platform that allows professional investors and company Investor Relations teams to more efficiently interact. Closir operates globally, with a current focus on the emerging markets. For companies, Closir provides tools to easily manage Investor Relations functions using industry best practices, including information dissemination, investor communications, scheduling, new investor discovery, uncovering information on a company’s existing shareholder base, and so on. For investors, Closir’s platform aids in the research and discovery of investment opportunities by providing access to accurate and valuable supplemental information supplied by the companies themselves, and by making it easy to schedule corporate access meetings and calls. Closir also works with financial institutions and exchanges to drive greater engagement between public companies and institutional investors. www.closir.com Learn more

Syndicated Loan Direct

Syndicated Loan Direct is a transaction research platform for the syndicated loan market. The company's highly specialized legal team captures deal structure information to enable users to search, compare, and monitor high quality data across a wide range of investment grade and leveraged finance deals, allowing professionals at investment banks, private equity firms, law firms, and other market participants to make smarter decisions in significantly less time. www.syndicatedloandirect.com Learn more

BondCliQ

BondCliQ is the first central market system for US corporate bonds designed to bring back liquidity in the dysfunctional $8 trillion credit market. It is the missing piece of architecture necessary for market modernization and is designed to benefit all market participants (sell-side, buy-side, platforms and regulators). BondCliQ's pre-trade and post-trade offerings are delivered via web, API or Direct Feed and include centralized market data (market maker quotes), a formalized price formation process, and a competitive environment for market making. BondCliQ’s team has deep experience in the corporate bond market, previously holding senior roles at MarketAxess, Creditex and TruMid. www.bondcliq.com

LendingFront

LendingFront has developed an advanced SaaS, white label, small business lending platform built specifically to tap the vast underserved market of short term SMB lending. SMBs contribute to over half of the US GDP, and yet only one in five are able to obtain loans. This is because most lenders currently use products, systems, and data best suited for assessing and originating large commercial credits, not small high frequency cash driven loans. Inspired by the founding team's experience in building OnDeck, the platform provides lenders with the specialized infrastructure, data, products, process automation and risk monitoring that is necessary to lend to small businesses profitably and efficiently. Lenders are able to rapidly enter into or expand small business lending for a fraction of the time and money it takes to build or modify existing systems. www.lendingfront.com Learn more

Even Financial

The Even Financial team combines financial services and ad technology domain expertise to create the first supply side market for the marketplace lending industry. The company provides tools and infrastructure for loan originators to improve borrower acquisition and to monetize a acquired borrowers that do not meet a target credit profile. The management team has a long history of commercial success including MarketWatch, Orchard, and Admeld. www.evenfinancial.com

ValueStream Companies in the News

Crop Forecasters Take Matters Into Their Own Hands -- Literally
August 25, 2016 | WSJ

Story about crop tours with a fantastic Descartes Labs mention.

The Start-up That Watches Corn Grow, From Orbit
August 10, 2016 | The Atlantic

Descartes Labs is estimating the health of the American corn crop every week this harvest season.

Toaster-sized satellites will revolutionize how we measure the world food supply
June 15, 2016 | Quartz

In 2016, the US Department of Agriculture spent $42 million on traditional crop scout data collection. Descartes Labs can do the same work, better, for a fraction of the cost.

A Cloud-Free Satellite Map of Earth
December 08, 2015 | MIT Technology Review

A cloud-free view of vegetation patterns across the world, stitched together from data from NASA and other government sources. The company says its software can make better forecasts of America’s corn crop than the U.S. Department of Agriculture. Descartes Labs was founded to commercialize image-recognition software developed for satellite and aerial imagery at Los Alamos National Laboratory.

OTC Markets Group Launches New, High-Performance HTML5 Stock Charts, Powered by ChartIQ
December 01, 2015 | PR Newswire

"The addition of ChartIQ's HTML5-based stock charting to our websites will provide additional functionality for investors and analysts researching OTCQX, OTCQB and Pink securities, as well as for issuers who use our OTCIQ.com portal to manage their IR efforts and monitor trading activity," said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group.

Descartes Labs Emerges With $5M to Improve Data for Farmers
November 17, 2015 | Wall Street Journal

Images of the earth are being gathered by a growing flock of planes, satellites and drones, and they are full of useful information for those who are able to see it. Finding it and understanding it is hard though, and Descartes Labs Inc. has emerged with $5 million for artificial intelligence technology to help solve the problem.

Descartes Labs raises $5M to make agricultural predictions with deep learning
November 17, 2015 | VentureBeat

Descartes Labs, a startup with image recognition technology that can help companies answer questions related to agriculture, is announcing today a $5 million round of funding. Cultivian Sandbox led the new round in Descartes Labs. Crosslink Capital, Data Collective, TenOneTen Ventures, and ValueStream Labs also participated. To date the startup has raised $8.78 million...

Descartes Labs announces $5M in Series A Funding
November 17, 2015 | LinkedIn

Descartes Labs has raised $5M in Series A funding, led by Cultivian Sandbox, an ag-focused VC based in Chicago. Also participating are Crosslink Capital (who led our seed round), TenOneTen, DataCollective, and ValueStream Labs. This funding event is validation for Descartes Labs...

ChartIQ Launches Brokerage Offering on their Technician App with Tradier
November 01, 2015 | Finance Magnates

Through a partnership with Tradier, ChartIQ has launched brokerage services for US stocks and options on their Technician platform.

Crowdsourcing Apple's earnings: Fiscal Q4 2015 edition
October 26, 2015 | Fortune

With Apple’s final results for fiscal 2015 due out Tuesday afternoon, estimates by the hundreds are pouring into Estimize, a four-year-old experiment in what founder Leigh Drogen calls “social finance.” Each quarter, more than 12,000 armchair analysts send Estimize their quarterly estimates—top and bottom lines—of 1,500 public companies, from Agilent to Zipcar. But no stock draws more attention than Apple. As of Monday morning, 767 mostly anonymous amateur analysts had submitted their best guesses for Apple’s fourth-quarter revenue and earnings.

Digital disruptors take home top honors in BBVA Open Talent 2015 competition
September 16, 2015 | PR Newswire

Startups making their mark in lending took top honors in the regional finals in New York of the BBVA Open Talent 2015 competition... LendingFront, co-founded in January 2015 by CEO Jorge Sun and CTO Dario Vergara, is an integrated platform that gives lenders the business technology they need to provide short-term capital to small and medium enterprises.

Human traders can still beat computers
September 14, 2015 | Financial Times

Few individuals understand the shifting dynamic between humans, computers and the algorithms that increasingly govern share trading better than Leigh Drogen. Dissatisfied with the research produced by sellside analysts, Mr Drogen decided he needed better data. That need led him to establish Estimize...

New Data Bodes Well For Fitbit, But Not Apple
August 20, 2015 | Seeking Alpha

New research based on social data suggests the Apple Watch has taken yet another step lower while FIT's performance remains near an all-time high. This social data has had a correlation with actual revenue and growth in the past, and likely will in the future. TickerTags.com uses data analytics to chart the social mention frequency of words and word groupings that represent a company's relevant products, brands, people or trending topics across Twitter.

UK start-up wins place on Hong Kong fintech programme
August 04, 2015 | Financial News

Closir is among 10 start-ups that have won places on a new fintech accelerator launched in Hong Kong, as Asia's financial technology scene continues to gain momentum. Michael Chojnacki, co-founder and chief executive of Closir, said Asia was a growing force in the fintech community. "Asia presents vast opportunities to any fintech startup with global plans,” he said. “However more emphasis is required on relationships and on local know-how. So the earlier we can start building those, the better.”

Estimize Receives $3.6 Million Strategic Investment From Euromoney
July 14, 2015 | benzinga

Estimize has roughly doubled the value of its Series B after Euromoney acquired a 10 percent stake in Estimize for $3.6 million.

Stock investors: TickerTags is now offering a free, early-warning listening platform
July 09, 2015 | VentureBeat

A Dallas-based company is making the wisdom of the crowds available to any investor — for free. “Think of it as a great discovery tool for what’s driving the [price of] companies.” - CEO and cofounder Chris Camillo

A startup beloved by Wall Street nerds just raised another round of funding
April 09, 2015 | Business Insider

Estimize CEO Leigh Drogen announced at the 2015 Benzinga Fintech Awards on Wednesday that the startup had raised $3 million in its Series B round of funding. That's on top of the $2.4 million raised in its Series A round.

Sensai Raises $900K To Help Data Scientists Query Unstructured Data
March 31, 2015 | TechCrunch

Companies like Palantir and IBM (with Watson) are now making it easier for data scientists and technical users to query unstructured textual information and the newest player in this field is Sensai, which is officially coming out of stealth and launching today. The company also today announced that it has raised $900,000 in seed funding from Andreessen Horowitz, Formation8, Chris Kelly, ValueStream Labs and others. The company got its start at big data incubator Data Elite and plans to raise a Series A round later this year.

Sensai “High End Data Science at Radical Price Point”
March 31, 2015 | Finance Magnates

Aiming to be “Palantir for everyone else, a high-end data science platform delivered at a radical price point", Sensai launches today Sensai, a new data science platform “for the unstructured world”. Providing services for multiple industries, already within its ‘stealth mode’, Sensai has attracted interest from the financial firms such as UBS and WorldQuant that had been early users of their product.

SEIN Analytics CEO Explains What Investors Are Missing In The Structured Credit Space
March 12, 2015 | Benzinga

SEIN Analytics founder and CEO Samuel Belu-John told Benzinga his company’s primary goal was to make expensive, critical financial data and analysis available to small and mid-sized financial institutions.

X_TRADER Is Now TT, as Trading Technologies Launches New Platform
March 11, 2015 | Forex Magnates

After more than 20 years, Trading Technologies is replacing X_TRADER with TT, a cloud, cross-device web and mobile-based platform. TT replaces the need for client-side installs. In building the user interface of the platform, Trading Technologies partnered with ChartIQ, integrating their HTML5 charting library technology.

3 Companies Revolutionizing The Way Traders Get Information
January 08, 2015 | Benzinga

Trading and investing is no longer just for the elite. New companies with new technology want to help new, and old, market participants improve the way they receive data. Here are a few companies from the competition that are using technology to change the way information is accessed and viewed in the wild world of finance:

2015 Will Be The Year Of The Tiny Tech Acquisition
January 06, 2015 | Business Insider

As we look to 2015 the sustained strength of the public markets is questionable, with macro economic pressures such as rising interest rates and shaky international markets. If they cool as expected, we’ll see the traditional acquirers be more spendthrift in their M&A strategies, resulting in fewer billion dollar megadeals. What won’t change however is the number of new buyers coming to the table. These buyers aren’t your typical Silicon Valley tech acquirers, they are more traditional household companies and brands looking to embrace technology to better reach end users and create greater efficiencies within their own businesses. And their appetite for boutique acquisitions of tech companies is just gearing up.

Heard of NPAPI? It’s Getting Blocked by Google Chrome in 2015, Webtraders Are Warned
January 04, 2015 | Forex Magnates

Speaking to Forex Magnates about the evolution of HTML5 within the industry, Dan Schleifer, President and Co-Founder at ChartIQ, stated, “Silverlight, Java and Flash have all been dead technologies for quite some time, and many brokers have put off making the change to HTML5.” He explained broker rationale by saying, “I think a lot of brokers actually don’t know these technologies are dying, and just assume it’s a problem for a small number of their users (Mac users, etc).” However, Schleifer added that a lot of interest for HTML5 products is already in place, stating, “We continue to see huge demand for HTML5 charting and web trading platforms, and we know that eventually every single Java, Flash and Silverlight platform will go away; It’s just a matter of time.”

The Data Scientists In Santa’s Workshop
December 23, 2014 | TechCrunch

Monica Anderson, CTO of Sens.ai considers that artificial intuition and epistemology are the next frontiers after computer reasoning. Reasoning is a linear process that accounts for only one hundred thousandth of what humans do with their brains. Computers will achieve intuition when they can, “perform those human activities that are normally thought to NOT require intelligence;” that can be performed without conscious effort such as walking, listening and talking. The trick, however, is that computers can’t learn if we program every last function. Instead we need to abstract learning from recognition of digital sensory data like text, audio, images and video.

How Crowdsourcing Is Democratizing The World Of Finance
December 19, 2014 | Benzinga

Crowdsourcing exists in countless shapes and sizes, most notably in places like the restaurant industry with Yelp Inc, and the travel sector with the likes of Tripadvisor Inc. But what about finance? Shouldn’t people have the same amount of resources to manage their money as they do for food and travel?

NASDAQ Launches ChartIQ Charts!
November 19, 2014 | ChartIQ

Companies like Leverate, The Economic Times of India, eToro, and many more have launched with ChartIQ technology. Today, we’re thrilled to add another amazing name to our live client roster – NASDAQ.com!

Exitround Partners with Private Equity Firms in New Program
September 10, 2014 | Fox Business

Exitround, a service that matches buyers and sellers of startups and small businesses, is partnering with private equity firms in a new program called Exitround Capital. The service will target companies in retail, health care, financial services and other industries with up to $100 million in revenue.

Investment Banking 2.0 Says “Hello World!?”
August 18, 2014 | TechCrunch

Structured data, machine-learning algorithms and proprietary data are revolutionizing the way buyers and sellers of companies connect, not only more intelligently, but also more quickly. Today on Exitround, the average connection time between a buyer and a seller is 17.8 hours, compared with the weeks or months needed in a traditional M&A process. And finding that correct target comes by way of mathematical relevancy between the two companies, as opposed to coffees, lunches and sit-downs to “explore opportunities.”

Top 5 Awesome Apps for Investors
July 21, 2014 | Loan SMC

ChartIQ named one of the top 5 apps for investors by LoanSMC.com

We Can No Longer Unbundle Microsoft Office
July 19, 2014 | TechCrunch

Of all the Office products, Excel is likely the toughest beast to slay. Dean Zarras’s ClearFactr stops short of mobile, but it is worth including as a cloud-based product that wants to improve upon Excel by making it a communication tool. Zarras feels Excel is not a communication tool because it is too easy to botch the communication of your idea when $F12 cell symbolism gets in the way, which is why ClearFactr toggles those cell references with a description in English of what’s happening in each cell.

ChartIQ Releases Android App in Continued Expansion of Products and Features
July 17, 2014 | Forex Magnates

Having developed products for iOS and Windows 8 devices, ChartIQ’s HTML5 based charting and technical analysis app finally arrives to Android, coming to market with free EOD data and integration with StockTwits.

Estimize Unveils Economic Data Set
April 23, 2014 | The Street

Estimize announced the launch of Economic Indicators on the Estimize platform, as it seeks to bring a more natural consensus for economic data, including weekly jobless claims, inflationary data, and the be-all-end-all, the monthly jobs report. "It's an obvious and natural extension of the Estimize platform to expand into this data set given the success of our core equity fundamentals data," Estimize founder and CEO Leigh Drogen wrote in a blog post, announcing the move.

Economic Times of India launches ChartIQ’s HTML5 charts
April 15, 2014 | ChartIQ Blog

The Economic Times of India today launched their implementation of ChartIQ’s HTML5 charting package. Their implementation brings in a live feed of the NSE and BSE as well as corporate actions, the ability to compare instruments across exchanges, and many other features.

Move Over, Wall Street: Silicon Valley Is Invading Your Turf
March 29, 2014 | DailyFinance

If you ask most people where the greatest threat to Wall Street's nearly 100-year dominance as the world's leading financial center would come from, places like London, Zurich, Tokyo or even Beijing might be suggested. But more and more, it looks as if the threat to Manhattan's financial crown will come from right here in the USA. Silicon Valley appears to have Wall Street in its sights, aggressively funding a new generation of tech startups whose goal is to disrupt the financial services industry and attack Wall Street with a strategy and an attitude they have never faced before.

Estimize raises $1.2m; unveils crowdfunded M&A predictions platform
March 27, 2014 | Finextra

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.

A New Platform Lets Wall Streeters Share Their Predictions For When Companies Will Do Mergers And Acquisitions
March 26, 2014 | Business Insider

NYC startup Estimize.com is already popular for crowd sourcing data from Wall Streeters about individual stocks will do. Now the company is applying the same, successful logic to predict mergers and acquisitions.

Estimize Unveils Crowd-Sourced M&A Prediction Platform, Raises $1.2M Expansion Funding
March 26, 2014 | WatersTechnology

New York-based startup crowd-sourced estimates provider Estimize will roll out a new platform today, Wednesday, March 26, dubbed Mergerize, which aggregates crowd-sourced predictions of potential mergers and acquisition activity so traders, M&A bankers and corporates can gauge the market's opinion of specific deals and how they might impact a company's stock or option price.

HTML5 Developers in Demand; Charting Gains Greater Attention
March 25, 2014 | WatersTechnology

As Wall Street firms increasingly are turning to HTML5 as the preferred programming language for trading applications and mobile, trading firms are now finding themselves competing with Silicon Valley for development talent.

Start-ups Estimize and Kensho Take Aim at Bloomberg
January 30, 2014 | Institutional Investor

Ambitious, young entrepreneurs like Leigh Drogen and Daniel Nadler are looking to revolutionize the way financial research is done.

Live Nation Buys Mobile Startup Meexo, Courtesy Of Acquisition Marketplace Exitround
November 27, 2013 | TechCrunch

Live music giant Live Nation is announcing today that it has acquired Meexo, a startup that first launched at TechCrunch’s Disrupt conference in 2011. The companies connected through Exitround, a website that helps startups find potential acquirers in an anonymized way.

The 10 Best Mobile Apps for Finance
November 27, 2013 | Business Insider

Investors with smartphones or tablets have their choice of apps to keep them up to speed while away from their desks. We went through nearly 100 finance-related mobile apps and these are the best ones we found.

Tracking Momentum Stocks From Your iPhone
June 10, 2013 | Barron's

ChartIQ provides research tools to help you find the next Netflix or Google.

Bloomberg Terminals Get Estimized
April 17, 2013 | Blogs.WSJ.com

Estimize announces deal with Bloomberg.