Point Financial
20 Kyrene Road, Chandler, AZ, 85226, United States
Overview
Point Financial, Inc. has been providing growth capital financing for over 25 years, delivering in excess of a quarter billion dollars to emerging market companies through the use of both debt and equity products. The secret of our success begins with PFI’s Principals leading the investment with 100% of our own capital. It’s this approach that allows PFI to move swiftly in order to fulfill the growth capital needs of our prospective portfolio companies. Meanwhile our competitors’ stringent requirements often prohibit them from being able to meet the client’s desired timeframe. Alternatively we originate, administer & market from our own investment portfolio, which is later syndicated into investment products to be offered to our investors. As a family office, PFI and its owners are set up to provide customized products to fit the capital needs of rapidly growing corporations. PFI’s average relationship size is between $2 and $5 million and has issued individual customer commitments as low as $500,000 and as high as $40,000,000.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Credit
- Financial Services
- Venture Capital
Investment portfolio
- MTPV
Participated · Series B · Jul 2014
MTPV Power Corporation develops semiconductor chips that convert heat directly into electricity. Its technology is described as analogous to a solar panel, but for any source of heat. The company is led by President and CEO David Mather and is based in Medford, MA and Austin, TX. It raised $16M in a Series C financing to support expansion. The company said it will use the funds to expand operations and broaden its business reach. The round included lead and follow-on investors supporting continued commercialization efforts. MTPV Power Corporation develops semiconductor chips that convert any source of heat into electricity. The technology was developed over roughly 15 years beginning at MIT and Draper Laboratory and has been advanced in MTPV's labs for the last five years. The company’s patent portfolio includes five awarded patents, nine pending awards and over 48 foreign patent filings. MTPV is led by Bob DiMatteo and David Mather and is based in Austin, TX and Boston, MA. It raised $11.2M in a Series B1 financing and intends to use the proceeds to begin commercializing its technology. Investors in the round include Northwater Capital Management's Intellectual Property Fund and other energy and finance investors. MTPV Power develops modular semiconductor chips that convert heat directly into electricity, based on research at MIT. The company’s chips are designed to generate electricity using 45% less heat than traditional systems. Leadership includes CEO and founder Bob DiMatteo and President/COO David Mather. MTPV is Austin, TX–based. The company completed the final closing of its Series B with an additional $3.25M. That funding closed out a round that began with a $6.75M closing in August of the prior year. MTPV develops semiconductor chips designed to convert heat directly into electricity, based on research at MIT. The company is led by CEO and founder Bob DiMatteo and is headquartered in Austin, TX. It is commercializing its first prototypes and is conducting beta testing of those initial commercial units. MTPV plans to use the new funding to expand beta testing and to scale its manufacturing capabilities. Financially, the company has completed an initial closing of its Series B and is pursuing additional equity to finish the round.
Team
No current team members are available.