• TigerConnect

  Participated · Series C · Nov 2015

  TigerText provides encrypted, real-time mobile messaging and a workflow Platform-as-a-Service called TigerConnect, primarily addressing healthcare communication and compliance needs. Its core product is a secure messaging app with iOS, Android and JavaScript SDKs that customers can embed. The company launched TigerText Anywhere to extend secure messaging to desktop and wearables (including an Apple Watch app) and introduced a Low Connectivity Protocol to improve delivery in poor networks. TigerText emphasizes integration with EHRs, critical alerts and real‑time shift data to optimize care-team workflows. It reports scale with over 250,000 paying users, more than 5,000 facilities, and four of the five largest for‑profit health systems as customers. Customers cite strong ROI and operational impacts, including a 56% shorter length of stay at one hospital and a greater than 65% reduction in readmission rates at an ACO. TigerText provides an encrypted, regulation‑compliant mobile messaging platform and app that enables enterprises and healthcare providers to exchange secure, ephemeral messages and files across smartphones, tablets and computers. The product includes delivery and read notifications and is positioned to meet HIPAA and other healthcare compliance needs. The company consolidated its consumer and enterprise apps into a single freemium offering with an enterprise upgrade to paid controls. After the freemium soft launch, TigerText onboarded over 10,000 businesses in eight weeks and its app has been downloaded more than three million times; roughly 3,000 healthcare facilities have deployed the platform. TigerText reports its third consecutive year of triple‑digit sales growth and says it works with 7% of Fortune 500 companies and dozens of top U.S. hospitals. Notable healthcare customers include Wellcon, Adventist Health, Hartford Healthcare, Hoag Health Network, University of Connecticut and Health Alliance. TigerText offers a private, HIPAA-compliant mobile messaging platform (TigerText Pro for Business) that enables clinicians to communicate securely across smartphones and computers. The platform works on Apple, Android, BlackBerry and also has a desktop web interface. It includes features such as self-deleting messages, message recall, and forward lock to protect protected health information. More than 20 healthcare organizations have adopted TigerText’s private mobile messaging network, and the company reports a strong sales pipeline. The company plans to accelerate development of TigerText Pro for Business with the new funding and board additions. TigerText previously closed $2.2M of seed financing in 2010 and now has total backing of more than $10M. The company is based in Santa Monica, Calif. TigerText offers a private SMS-style mobile app that allows users to send text messages and photos which are deleted from both the sender’s and recipient’s devices after a user-selected lifespan. Message lifespans range from one minute up to 30 days, and expired messages are not stored on any server and cannot be retrieved. The app also includes a “Delete on Read” option that removes a message 60 seconds after the recipient opens it. TigerText’s mobile clients are available for Android, iPhone, and BlackBerry. The company said it will soon add the ability to send video and documents over its private network and plans to release an API in the near future. The product launched in February 2010 and the company has raised outside angel capital as described in the article.

• YCharts

  Participated · Series C · May 2015

  YCharts provides a cloud-based investment research, visualization, and analytics platform focused on equity, mutual fund, and ETF data for wealth management professionals. The platform supports security research, portfolio construction, idea generation, and market monitoring and serves as a user-friendly alternative to terminal-based tools. YCharts reports more than 6,000 clients across RIAs, broker-dealers, and asset managers who use its comprehensive data and visualization tools. The company completed a growth recapitalization to support continued organic growth and increased investment in product and sales and marketing. Management also intends to pursue complementary acquisitions as part of its next-stage growth plan. The business emphasizes time savings for users and enhanced client communications through its analytics and presentation capabilities. YCharts offers a web-based financial terminal that provides sophisticated, easy-to-use analytics across asset classes and extensive datasets (20,000+ equities, 2,500 ETFs, 40,000 mutual funds, 400,000 economic indicators). The platform is positioned as a lower-cost alternative to established terminals and is used by RIAs, wealth managers, portfolio managers, hedge funds, VCs, private equity funds and consultants. YCharts reports roughly one million users per month and is on pace to deliver an end-2015 revenue run rate three times its 2014 level. The company has formed strategic distribution partnerships with Schwab, TD Ameritrade, Commonwealth and Dynasty to expand reach to investment advisors. YCharts says it will continue adding functions and features monthly and is focused on scaling its sales organization to capture professional-market share. The company was founded in 2010. YCharts computes more than 2,000 metrics for every listed stock and tracks over 350,000 global economic indicators, aggregating data from public sources and partnerships. It sources data through deals with other firms, including investor Morningstar, and offers an Excel plug-in to pull YCharts data into spreadsheets and financial models. The company provides a limited free plan and two paid plans for professionals: $49/month and a $199/month plan that includes data export, the Excel plug-in, and data verification. YCharts’ pro product is performing well ahead of expectations, and the team reports it is seeing larger deals than anticipated. The company says it has more than 1 million monthly users and is increasingly the choice of professionals seeking sophisticated financial information. Following the new funding, YCharts plans to scale more aggressively by investing in engineering and expanding its sales force to grow its institutional business. YCharts offers stock research tools, charts and analysis that let investors compare dividend yields, total returns and around 75 other metrics over time. It aggregates long-tail historical public data—P/E ratios, R&D spending, cash flows—and graphs these metrics to provide objective, non–opinion-based insights. The company offers three products: YCharts.com, YCharts Pro and a chart creator tool for third-party sites, journalists and bloggers; Pro users access quantitative analysis strategies for a monthly fee. The service has grown from 30,000 users to more than 400,000 users in slightly more than a year. YCharts emphasizes comprehensive long-term outlooks and comparisons (for example, total returns not offered by Yahoo Finance). The funding will be used to build out the team, scale infrastructure, increase marketing, and expand the scope of its financial research and analytics. YCharts is a Chicago, IL-based online fundamental stock research engine that provides individuals, business partners, and investment professionals with research on corporate performance. The company offers an online service for fundamental stock analysis and corporate-performance research. It has completed a Series A financing; the amount raised was undisclosed. Participants in the round included Hyde Park Angels, the Illinois Innovation Accelerator Fund (I2A), Amicus Capital and Social Leverage LLC. The investment will be used to expand marketing activities and accelerate development of the service. As part of the financing, Sam Guren (managing director of Hyde Park Angels), Kapil Chaudhary (partner of I2A Fund) and individual investor Brian Hand joined YCharts’ board of directors.

No current team members are available.