Led · Series B · Sep 2021

Concertiv delivers procurement-as-a-service by combining a software platform, industry expertise, a broad supplier network, and market data to streamline B2B purchasing for professional services firms. The company manages over $300 million in spend under management and works with 1,000+ suppliers. Concertiv reports that clients realize on average 20% in hard dollar savings and a 40% increase in operational efficiency. Its offering emphasizes market transparency and frictionless purchasing across operational categories. The company is New York–based and serves distinguished professional services companies globally. In September 2021 Concertiv announced Priya Iyer as CEO to lead its next chapter of growth following a Series B financing.

Led · Equity · Jan 2021

TagPay builds a cost-efficient, next-generation core banking system that replaces costly legacy back-end systems with a scalable, open-architecture platform. The product enables banks and new market entrants to rapidly design and deploy personalized digital banking products and improve customer experience. TagPay launched its product in 2016 and today serves about 20 financial institutions, including top-tier European banks, supporting more than 7 million accounts. The company is based in Boulogne-Billancourt, France; it was founded in 2005 and has 35 employees. TagPay plans to strengthen its sales, product and technical teams and to fund growth as it scales. By 2023 the company seeks to double its banking customer base and increase by fivefold the number of end-customers using its secured digital banking services.

Led · Equity · Feb 2020

Tinubu Square provides SaaS solutions and services that enable digital transformation for Credit and Surety insurers, helping them reduce exposure to risk and lower financial, operational, and technical costs. Founded in 2000, the company has built an ecosystem of customers in over 20 countries and maintains offices in Paris, London, New York, Montreal, Mumbai and Singapore. In 2018 it launched a five-year strategic plan to expand its global footprint and drive innovation; management reports that annual recurring software revenue has more than doubled in two years. Tinubu intends to use an additional €15M of capital to target high-growth international markets for Credit Insurance and Surety software. The company positions itself as the market leader for enterprise software to Credit and Surety insurers and aims to scale further in the U.S. and other markets. Investors, management and partners are aligned behind the international expansion plan. Tinubu Square offers SaaS solutions that integrate data analysis, advanced decision support and process automation to modernize trade credit risk management for credit insurers, receivables financing organizations and multinationals. The company plans to invest in R&D and deploy technologies such as blockchain, big data and advanced analytics to broaden its product set. Management has a clear five-year roadmap and retains a significant share of capital following the transaction. Tinubu intends to use the capital to accelerate international growth across Europe, North America and Asia‑Pacific and to enter new market segments including multinational banks and factoring companies. The vendor reports an ecosystem of customers in over 20 countries and maintains offices in Paris, London, New York, Montreal and Singapore. The raise is positioned to support continued product evolution for credit insurance, surety and bonding companies. Tinubu Square offers a platform-mode SaaS suite for trade credit management, centered on its Risk Management Center (RMC) for corporates and its Credit Insurance Suite (CIS) for insurers and brokers. The RMC provides rapid credit assessments at scale, collaborative monitoring of large, distributed client portfolios, and automation of credit insurance administration. CIS aggregates and structures data from multiple sources and delivers high responsiveness—same‑day service for 93% of credit limit requests in France and 85% across Europe. Its solutions are used by leading international companies and major credit insurers. Tinubu has expanded internationally, establishing a presence in London since 2010 and recently opening a subsidiary in Singapore. The company plans to use strengthened financial resources to support further expansion and ongoing research and development.

Led · Equity · Jun 2018

Renaissance Alliance Insurance Services (RAIS) is a membership alliance for independent property and casualty insurance agencies, providing members with higher commissions, access to more carriers, products, markets, and a suite of services. Founded in 1999 and based in Wellesley, Massachusetts, RAIS currently has over 80 members in the New England region collectively selling $600M in insurance premium. The platform supports agency growth and profitability by enabling agencies to focus on client-facing activities while benefiting from scale. RAIS plans to use new capital to expand outside the New England region and to broaden services and technology offerings for its member agents. It already operates in Massachusetts, Connecticut, Vermont, New Hampshire, Rhode Island, and New York. CEO Bruce Cochrane and Janet Cochrane remain in executive leadership roles following the investment.