Timucuan Asset Management
200 West Forsyth Street, Suite 1600, Jacksonville, FL, 32202, United States
Overview
Timucuan Asset Management is a private investment firm headquartered in Jacksonville, Florida. Established 1988, the Firm manages funds for high-net-worth individuals, family offices and institutional investors in a concentrated value-oriented style. Timucuan seeks to preserve and compound capital over time by investing in businesses that are advantaged, well managed and undervalued. Following 35 years building and operating industrial businesses, Timucuan’s founders formed the firm in order to preserve and grow assets for future generations. Twenty-five years on, Timucuan manages $960 million for 120 clients, including the firm’s founding family, high-net-worth individuals, multi-family offices, pension funds, and foundations. A Registered Investment Advisor since 1988, Timucuan maintains offices in Jacksonville and Sarasota, Florida and Northern Indiana.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- PlanSource
Participated · Series B · Jan 2014
PlanSource provides a cloud-based health exchange and benefits engagement platform for benefits shopping, enrollment, billing and ongoing administration. The platform is used by more than 8,000 employers and 3.5 million consumers. The company partners with insurance carriers, brokers and government entities to deliver both exchange and non-exchange solutions. PlanSource was founded in 2008 and is led by CEO Dayne Williams. The company intends to use new funding to expand sales, marketing and product innovation. It also plans to grow its operating and technology infrastructure. PlanSource offers a cloud-based health exchange and benefits engagement platform used for benefits shopping, enrollment, billing and ongoing administration. More than 8,000 employers and 3.5 million consumers use the PlanSource platform. The company reports a Net Promoter Score of +67 (vs. a SaaS average of +26) and a customer revenue retention rate of 99.8 percent. ORIX Ventures extended debt capital to finance PlanSource’s acquisition of the ClearBenefits business administration platform from BENU, Inc. PlanSource says the capital will support its continued high growth and enable the integration of ClearBenefits customers onto its state-of-the-art technology. The company is headquartered in Orlando, Fla. PlanSource is an Orlando, FL-based provider of cloud-based, on-demand software for employers to acquire healthcare and employee benefits and offers integrated services including benefits administration, decision support, payroll, and HRIS technology. Led by CEO Dayne Williams, the company delivers its solutions through strategic insurance carriers, brokers and exchanges. Its technology reaches over 2,500 customers across industries, with customers ranging from 2 to more than 100,000 employees. PlanSource completed a $12M Series B funding and intends to use the proceeds for product development and infrastructure expansion. Backers in the round included existing investors Lemhi Ventures and Timucuan Asset Management. The company’s integrated services aim to streamline employers’ benefits acquisition and administration processes. PlanSource Holdings is an Orlando-based cloud HR and healthcare SaaS technology company. Led by CEO Dayne Williams, the company provides cloud-based software designed to simplify back-office HR for employers, offering a comprehensive array of integrated services including payroll, benefits administration, decision support, and HRMS technology. Its technology solutions are delivered through strategic carrier and broker partners. The company raised $12m in new funding in a round led by Lemhi Ventures. PlanSource intends to use the funding to expand its business in healthcare technology, employee benefits administration, and HR technology services. As of the article, the company was hiring.
Team
No current team members are available.