SignalRank is a FinTech company in the venture space. Its vision is to help seed investors and startups build deeper, longer, relationships as the number of unicorns and decacorns explodes. As funding rounds happen faster, and at accelerated valuation increments, seed investors face new challenges in the context of expanded opportunities.
SignalRank’s CTO and head of data science, Shawn Purcell, is credited with involvement in Netflix’s algorithm development, in Amazon’s A9 search engine, and most recently as part of Twitter’s data analytics efforts. He is leading the development of two algorithms used at SignalRank to aid in the formation of partnerships. These are called GPRank ™ and CompanyRank™.
Kayvan Baroumand was founding COO at Plug and Play and CEO at Nest GSV. His relationships with Angels, Seed fund managers, and VCs are second to none. These are our future partners.
Rob Hodgkinson, a fellow Brit here in the Bay Area, with backgrounds at Rothschild Ventures and Beringea has experience in allocating capital to early-stage opportunities in partnership with investors in those companies.
Matt Melkonian has over 2 decades of capital management and allocation. He is COO at SignalRank. And Jonathan Gottehrer has a two-decades-long set of experiences in raising capital for major projects.
I am thankful for their participation.
SignalRank Corporation is a FinTech company in the Venture space. It focuses on the seed stage asset class and uses data analytics to allocate capital to the best seed fund managers for their top performing companies. GPRank and CompanyRank are two proprietary algorithms it leverages to automate capital allocation. The company invests from balance sheet. Its customers are seed stage investors with outstanding companies in their portfolio.“
There is a lot more that could be said but that is for later. In short, our plan is to raise up to $1 billion through several phases and invest it as an allocator using automated algorithms that are transparent to our partners.
We will work through partnerships. We will not be making direct investments into companies, but always through those partnerships. We are an operating company, not a fund.
We plan to list Signalrank within a reasonable time frame. At that time, ordinary investors will be able to own our shares as a way of owning stakes in high-growth private companies far earlier than would normally be the case, but without much of the risk normally associated with owning stock in private companies. Alex Wilhelm at Techcrunch talks about Sequoia’s changes in the context of “permanent capital” this week. SignalRank at maturity will be a special kind of permanent capital for the seed stage ecosystem.
Our initial product will be rolled out during the first part of 2022 and will then be visible on
our website. If this editorial is not clear on what that’ll be, that is by design. We can talk more about it once it is in place. But, if you are a seed investor, start talking to us now. We can be reached at firstname.lastname@example.org, linked on our website
This week’s news is almost exclusively about developments in venture capital. Crunchbase’s Gené Teare (yes my wife) writes two fabulous pieces about the rise of Decacorns.
The trend is clear