Spencer Trask
1700 E Putnam Ave, Suite 401, Old Greenwich, CT, 06870, United States
Overview
Spencer Trask is a startup venture consulting firm intended to provide financial and intellectual consulting services to scientists, inventors, and entrepreneurs. Their network has provided financial and intellectual capital for some of the most influential ventures in technology and healthcare including myriad genetics, ciena, osiris therapeutics, and health dialog.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Business Development
- Financial Services
- Venture Capital
Investment portfolio
- Flit
Participated · Equity · Dec 2012
Flit is a shopping app for the iPad that aggregates products across about 1,000 stores into a single interface. The app automatically searches hundreds of shops in its database using patent-pending technology to eliminate switching between browser tabs. Users can label items as “Cute” to save or share, compare up to three items side-by-side, and buy items within the app (Flit collects an affiliate fee). Flit also offers a Lookbook feature that lets retailers, brands, and partners showcase curated sets of products for an immersive shopping experience. Since its mid-October launch, the company reports searches have grown 100% month over month and monthly store visits have increased 113%. The company raised $750,000 from a group of investors including Crosslink Capital, YouWeb Startup Incubator, Spencer Trask, and Correlation Ventures.
Team
No current team members are available.