Compound (company) explained

Compound
Former Name:Metamorphic Ventures
Industry:Venture capital
Predecessors:-->
Successors:-->
Founder:David Hirsch
Areas Served:-->
Owners:-->

Compound (formerly known as Metamorphic Ventures) is a New York-based seed fund that invests in startup and early-stage technology companies.[1] [2] In March 2014, the company announced a new fund with close to $70 million. It also added Google vice president of sales John McAtter, Yahoo! director of product management Robby Stein, and HSN chief Mindy Grossman to its advisory board.[3] In 2016, Metamorphic Ventures changed its name to Compound.[4]

Investments

Year Company Industry
2018Casa[5] Bitcoin security and financial services
2014UpCounsel[6] Legal services marketplace for businesses
2014Indiegogo[7] International crowdfunding site, competitor to Kickstarter and GoFundMe.
2014LotusFlareA software development company that provides SaaS products to enterprises.
2014Switch (app)[8] Job matching app and Job search engine, nicknamed Tinder for jobs.[9]
2013Movable Ink[10] Email service provider
2011Appboy[11] New York City-based mobile marketing automation company
2010Chango[12] Toronto-based advertising company

External links

Notes and References

  1. News: Shieber . Jonathan . NYC Investor Metamorphic Raises $70 Million For Super Seed Fund . Tech Crunch . 11 March 2014 . 11 March 2014 .
  2. News: Gage . Deborah . Aiming to Bridge Silicon Valley and New York, Metamorphic Ventures Closes Second Fund . Wall Street Journal . 11 March 2014 . 11 March 2014 .
  3. News: Weber . Harrison . Metamorphic Ventures raises near-$70M fund, adds Google, Yahoo execs to board . Venture Beat . 11 March 2014 . 11 March 2014 .
  4. News: Konrad. Alex. Metamorphic Ventures Rebrands As Compound, Raises $50 Million Fund To Back Startups On Both Coasts. 27 October 2016. Forbes. 5 October 2016.
  5. Web site: Kauflin . Jeff . Bitcoin Thieves Beware: Super Secure Wallet Maker Casa Raises $2 Million . Forbes . 29 October 2021.
  6. News: Lawler . Ryan . UpCounsel Adds Another $2.4M In Funding To Expand Its Online Attorney Marketplace . TechCrunch. 9 December 2014 . 5 June 2015 .
  7. News: Love . Dylan . Crowdfunding Site and Kickstarter Rival Indiegogo Raises $40 Million . Business Insider . 28 January 2014 . 11 March 2014 .
  8. Web site: Lorenz. Taylor. This New Job-Hunting App Steals The Addictive Feature That Made Dating App Tinder Go Viral. Business Insider. 25 August 2015.
  9. Web site: Crook. Jordan. Switch, With $2 Million In Seed Funding, Is Tinder For Jobs. TechCrunch. 22 May 2015 . AOL. 25 August 2015.
  10. News: Shontell . Alyson . Magic Email Startup Movable Ink Raises $11 Million After Growing Revenue From $2,000 to Multiple Millions . Business Insider . 8 May 2013 . 11 March 2014 .
  11. News: Chapman . Lizette . Appboy Raises $15 Million to Help Businesses Improve Mobile Marketing. Wall Street Journal. 2 October 2014 . 11 December 2014 .
  12. News: Schonfeld . Erick . Chango Closes $1.4 Million Round, Brings Search Targeting To Display Ads . Tech Crunch. 30 June 2010 . 11 March 2014 .

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