Vernon & Park Capital
10 South Riverside Plaza Suite 1830, Chicago, IL, 60606, United States
Overview
Vernon & Park Capital is a private equity firm that focuses on investments in the Exchanges and Financial Markets Sector (the "Sector"). Since 2001, Vernon & Park and affiliated parties have combined industry expertise and experience with rigorous financial analysis to successfully deploy its investment capital in the Sector. Through its investment activities, Vernon & Park provides capital to its portfolio companies and utilizes its extensive network of industry contacts as a strategic resource to help those companies realize their full economic potential. Vernon & Park generally focuses on investments in more mature businesses in the Sector, but also considers earlier-stage, emerging growth companies.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Exchanges
- Venture Capital
Investment portfolio
- Currensee
Participated · Series C · Apr 2011
Currensee operates an alternative investment service that gives investors access to currency markets worldwide and offers the Currensee Trade Leaders™ Investment Program to automatically replicate trades of top traders. Its core technology includes the Currensee Intelligent Trade Replication Technology™, a trade automation engine that manages timing and round-turn execution of trades. The company plans to use newly raised capital to develop decision-making, collaboration, and portfolio-management tools for investors. It will also advance its technology infrastructure, including data center expansion and enhancements to its trade-replication engine. Currensee intends to expand sales teams in the UK and Europe and to sign new global partnership deals in Asia and Europe. At the time of the article the company was led by CEO Dave Lemont and had raised a total of $16.8m to date. Currensee operates a social network for forex traders, enabling members to see each other’s trades, positions, strategies and performance in real time. The platform reports traders from over 70 countries and supports more than 100 brokers. Recent product additions include Currensee Marketplace, full MT4 support, a Tweet My Trades feature, and a partnership with Thomson Reuters IFR Markets. With new funding, the company plans to accelerate expansion in the UK, Europe, and Asia where Forex trading is growing rapidly. Part of the capital will be used to develop Currensee Market Watch, a real-time social sentiment indicator based on actual trades. The company has raised $12M in total financing following the latest round.
Team
No current team members are available.