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TALIS CAPITAL, THE VC FIRM FOR ULTRA SUCCESSFUL ENTREPRENEURS, NOW DEPLOYING $100M PER YEAR

  • Record year for Talis Capital as it is now investing $100m of funds a year 

  • Talis helps successful entrepreneurs from all sectors invest in the next generation of tech startups and unicorns 

  • Total assets under advisory have increased by 220% in five years

  • Talis is a generalist technology VC and focus areas for 2019 include data, food/agritech, digital health and consumer

London, 27 June 2019 — Talis Capital, the venture capital investment firm that was an early investor in Darktrace, Pirate Studios, Luminance and iwoca, has raised a record $100m for 2019 as it celebrates a decade of successful investing in technology companies on behalf of its entrepreneurial investor base.

The latest raise catapults Talis Capital’s total transactions over 10 years to more than $600m, as it seeks to invest in the fast-growing tech companies that are disrupting established sectors, including food and farming, consumer and healthcare. 

Increasingly entrepreneurs from outside the tech sector want to invest in the companies of the future but need help to access the sector-defining deals that are creating some of the world’s fastest-growing tech companies. Talis, which blends the speed and flexibility of having a private investor base with the experience and networks of a venture capital fund, has seen its total assets under advisory increase by 220% in five years. 

It favours companies that are at an early stage in their growth but have long-term global potential and its track record includes fast-growing tech companies such as Darktrace, Onfido, iwoca, Pirate Studios, Luminance, and Clausematch. In the past 12 months alone, Talis has invested in Pricefx, Beyond, Edge Intelligence, Insurdata,The Learning People, Import.io, Omni:us, Oh My Green, The Plum Guide, Ynsect, Medbelle, Artemis, Zyper and others.

Matus Maar, Managing Partner & Co-Founder of Talis Capital: “The strength of our approach is based on two things: first we can move quickly to make decisions because our structure allows us to be agile, flexible and competitive in the fundraising process. Secondly, the investors who back us have had significant business success in their own right and they are prepared to leverage their networks to help our portfolio grow. We’ve consciously backed companies with the global potential to transform traditional industries significantly, using a technology-led or technology-enabled approach.”  

A DIFFERENT INVESTMENT MODEL

Founded in 2009, Talis was born out of Bob and Rohini Finch’s family office but quickly extended to include some of London and the world’s most successful entrepreneurs and ultra high net worth individuals, drawn from financial services, telecoms, commodities, industrials, leisure, retail, and real estate. The fund, run alongside the Finches by partners Vasile Foca and Matus Maar, raises money every year from its investor base and is achieving a run rate of 42% annual IRR and average 5x money multiple, by investing in technology-led and technology-enabled companies that are transforming established sectors. 

Talis’s team has skills and experience in building companies from concept stage right through to larger businesses. By investing across stages, from late seed to Series C, Talis has forged connections right across the tech sector and invests alongside some of the world’s biggest venture capital funds.

Investors participate in an annual vintage fund, but are also invited to double down on companies they particularly like by taking part in special purpose vehicles (SPVs), where Talis has secured a larger than normal allocation.

Vasile Foca, Managing Partner and Co-Founder of Talis Capital, said: “The investors we work closely with want to back the next generation of innovators and disruptors. We can show them how to do that, and at an early enough stage when they can really make a difference. One of the reasons why we are successful is because we seek entrepreneurs and ideas that we can be passionate about and can leverage this passion and conviction with our LPs. Talis Capital has its roots in a family office, but has grown to incorporate over 30 individuals and families to offer a gateway to the best of the European venture capital scene.”

Deals_capture.JPG

TALIS INTO 2020

Talis’s investments in the past year range from Luminance, an AI platform for the legal profession, to Oh My Green, a healthy food caterer to businesses. Other investments include cutting-edge cultivation management for farmers, Artemis, and the world’s first digital hospital, Medbelle.

In the year ahead, the company is looking to continue to invest along key themes, where it has conducted in-depth research and established expertise. These themes include data, insurtech and proptech. New areas of focus include:

  • ‘content to commerce’ - a category that encompasses bringing data-driven content to the consumer through innovative forms of publishing and media;

  • Digital healthcare - using innovation and technology to evolve the patient journey from diet and wellbeing through diagnosis to treatment and aftercare

  • Sustainable food and farming - tackling the global sustainability crisis - a category where it has recently participated in a $125m series C investment in insect protein farming company, Ynsect.

AI, deep learning, and automation technologies are increasingly important applications, and many of Talis’s portfolio companies incorporate aspects of this technology (e.g. Pirate Studios and iwoca). However, Talis is also keen on hybrid investments that straddle the analogue and the tech world. In the case of Pirate Studios, the business has physical studios which are booked and managed online. Musicians and artists can use Pirate Studios for rehearsals or recording and as a content platform, from which they can stream their live content and disseminate music, podcasts and performances.

Inspired and encouraged by some of the younger investors in the fund, Talis is also focusing hard on the preoccupations and changing habits of Gen Z, which it recognises as shaping emerging startups in both the consumer sector and other enterprise sectors.

ENDS

Contact:

antonella@burlington.cc / 07530 815 018

About Talis Capital

Talis Capital is a venture capital investment firm that takes smart money from some of the world’s most successful entrepreneurs and business people and invests it strategically in early-stage technology companies with global potential. Talis has invested over $600 million worth of transactions since 2009 and the portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, Threads, Ynsect and Oh My Green. Focused on building long-term partnerships, Talis leverages its network to give some of the world’s most innovative startups opportunity to thrive.

Talis Capital Limited (“Talis”) is an appointed representative of Privium Fund Management (UK) Limited (“Privium”). Privium is authorised and regulated by the Financial Conduct Authority of the United Kingdom (the “FCA”). The investment services of Talis are only available to professional clients and eligible counterparties for the purposes of the FCA’s rules. They are not available to retail clients. Past performance is not a guide to future performance and any capital invested is at risk.

Additional coverage:
Forbes - A point of difference

TechCrunch - Q&A with Talis

CityAM - Tech investor raises record $100m

Sifted, Tech.EU, EU startups, UKTN

ZYPER RAISES $6.5 MILLION IN SERIES A FUNDING

ZYPER RAISES $6.5 MILLION IN SERIES A FUNDING

Investment Led by Talis Capital, with Participation by Forerunner Ventures and Y Combinator

New Marketing Platform Connects Retailers and Brands with Their Superfans

San Francisco – June 6, 2019 – At a time when many consumers are losing trust in influencers and blocking traditional online ads, Zyper – a new marketing platform that connects brands with their superfans to drive engagement, insights and sales – announced today that it has raised $6.5 million in Series A funding. This financing round, which brings Zyper’s total funding to date to $8.5 million, was led by Talis Capital, with participation from Forerunner Ventures and Y Combinator.

Zyper’s software uses computer vision and natural language processing to source the top 1% of a brand’s biggest fans and leverage them as brand advocates rather than as paid influencers. These superfans provide a constant stream of trusted, user-generated content (UGC) that sparks conversation and boosts sales while unearthing new product and purchase insights. Banana Republic, Coty, Nestlé and Topshop are among the companies already using Zyper to build communities of loyal brand fans.

Zyper was founded by Amber Atherton, a successful entrepreneur who has been named to the Forbes 30 Under 30 list and the Vogue 100 Power List, who said, “Storytelling and transparency have become paramount for brands as consumers look to engage with them in a more authentic and unfiltered way. Zyper is creating an entirely new category of community-based brand advocacy that will drive sales and surface significant consumer insights. We’re thrilled to partner with this prestigious group of investors, who will be instrumental in helping us bring our platform to even more companies seeking true brand advocates.”

“We are excited to partner with Amber and her team as Zyper gives a voice to real brand fans instead of traditional paid influencers,” said Kirill Tasilov at Talis Capital. “Zyper is on a path to become a transformational company that enables brands to identify and collaborate with their superfans across a number of social media channels. The platform improves the quality, scalability and efficiency of community marketing by allowing brands to track and manage their fans automatically using advanced machine-learning models. Advertising as we know it is over and we’re proud to back this next-level technology.”

Zyper will use the new funds to open its headquarters in San Francisco, to continue to develop its predictive analytics engine and recommendation system algorithms, and to scale up its engineering and sales teams. Concurrently, Zyper announced that it has appointed Lauren Pye as Executive Director of Sales. Pye previously served as president of Festicket and as VP of Sales, North America, at Live Nation Entertainment.

Nicole Johnson, Investor at Forerunner Ventures, whose portfolio companies include Alchemy 43, Glossier and Warby Parker, said, “Brands are looking to engage online with consumers in an authentic, grassroots sort of way. Zyper’s community-building platform is at the forefront of peer-to-peer marketing. It allows brands to connect with people who were already their fans, who then share the brand’s story with friends in a genuine way.”

About Zyper

Zyper is a peer-to-peer-marketing software platform that enables brands to leverage their most loyal customers as a new marketing force. The platform uses technologies such as computer vision, natural language processing and predictive analytics to identify the top 1% of a brand’s most loyal fans, who create authentic brand-related content to share with their own communities, ultimately driving brand engagement, insights and revenues. Founded by entrepreneur Amber Atherton in 2017, Zyper is enabling beauty, apparel, footwear, and food and beverage companies around the world to connect with their superfans and build communities around them.

About Talis Capital

Talis Capital is a venture capital investment firm that takes smart money from some of the world’s most successful entrepreneurs and business people and invests it strategically in early-stage technology companies with global potential. Talis has invested over $500 million worth of transactions since 2009 and the portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, Ynsect and Oh My Green. Focused on building long-term partnerships, Talis leverages its network to give some of the world’s most innovative startups opportunity to thrive. For more, see www.taliscapital.com.

About Forerunner Ventures

Forerunner Ventures is an early-stage venture capital firm dedicated to partnering with ambitious entrepreneurs who are meeting the challenges and opportunities of today’s rapidly evolving consumer and business landscape. The Forerunner team uniquely pairs deep domain expertise and an understanding of consumer behaviors, brand building, and product to successfully identify leaders and participate in their efforts to build meaningful companies. Representative investments include Dollar Shave Club, Glossier, Chime, Warby Parker, Away, Curology, Ritual, Faire, Attabotics, and Hims. For more information visit www.forerunnerventures.com.

About Y Combinator

Y Combinator (YC) is a startup fund and program. Since 2005, YC has invested in 2,000 companies, which have a combined valuation of $100B. YC supports founders throughout the life of their company. Startup School teaches the basics of starting a company. The YC batch program helps founders build their product, talk to their customers, and raise angel funding. Work at a Startup makes it easy for founders to find their first employees. YC Series A helps founders launch their fundraising round. YC Growth Program provides founders with resources to scale their companies and hire an executive team. YC Continuity invests in their later stage rounds. Y Combinator was founded in 2005 and is headquartered in San Francisco, with batches taking place in Mountain View.

Contact:

Berns Communications Group

Danielle Poggi/Michael McMullan

dpoggi@bcg-pr.com/mmcmullan@bcg-pr.com

(212) 994-4660

Price f(x) adds new marketing chief after accomplishing the most successful year in its history

  • Patrick Moorhead joins as Chief Marketing Officer from big data startup Label Insight to help the company continue its strong growth, following its doubling in size for three consecutive years

  • The appointment follows a hugely successful 2018 for Price f(x) which included the completion of its second financing round with strategic investment from Digital+ Partners and Bain & Company

  • In 2018, Price f(x) was awarded “Cool Vendor of Digital Commerce” by Gartner®, selected as pricing technology provider to Bain & Company’s “Pricing Navigator” offering and certified as an SAP® AppCenter partner

MUNICH / CHICAGOFebruary 12th, 2019 – Price f(x), the global leader in cloud pricing software, has appointed a new Chief Marketing Officer to build on the most successful year in the company's history. Patrick Moorhead, who has more than 20 years’ experience in marketing and has worked at technology companies like Twitter and Razorfish, joins from big data startup, Label Insight.

The appointment follows the successful completion of Price f(x)'s second financing round, at the end of 2018, led by Digital Plus Partners, a leading European B2B growth technology investor, and Bain & Company, one of the world's leading management consultancies.

By the end of 2018, Price f(x) was serving 90 global customers, including industry leaders such as Robert Bosch, MediaMarktSaturn, SchneiderElectric, Iron Mountain and Owens-Illinois. Jose Redondo, Global Pricing Excellence Leader at Owens-Illinois said, “We’ve decided to switch from a first-generation price optimization provider to Price f(x) in 2018 because of its flexibility, responsiveness and implementation speed”. The company was awarded “Cool Vendor of Digital Commerce” by Gartner, selected as pricing technology provider to Bain & Company’s “Pricing Navigator” offering and certified as an SAP® AppCenter partner.

“We’re excited to welcome Patrick to the Price f(x) leadership team. With his diverse background in social and digital media, advertising, brand strategy, and marketing for SaaS solutions, Patrick will help to solidify Price f(x) as a globally recognized leader in the pricing SaaS industry, and ensure our growth continues under the banner of a brand that reflects our customers’ voices, our company’s values, and our product innovations.” said Marcin Cichon, Price f(x) CEO.

Patrick Moorhead said: "I'm excited to join a company that is growing rapidly, attracting new customers and winning awards. Price f(x) was founded on a vision of providing a cloud-powered middle-office management platform that serves the entire life-cycle of customers' pricing needs and the team's success in 2018 is testament to how well they are realizing that vision. I'm looking forward to helping them to achieve even more success."

Tom Fencl, Price f(x)’s CFO said: “Patrick will be a key part of our team. We expanded massively in 2018, adding close to 30 new customers and growing our global team to more than 200. Patrick joins us at an exciting time when we currently have over 100 open positions in the company worldwide and plan to expand across all functions. We are looking forward to another exciting year of growth."

Axel Krieger, Founding Partner at Digital+ Partners and Price f(x) supervisory board member, said: “To double in size each year for three consecutive years, in such a highly complex enterprise software segment, as Price f(x) has done, is a tremendous achievement. We are very impressed with Price f(x) because of its past growth, and because of the huge growth opportunity ahead."

Matus Maar, Co-founder and Managing Partner at Talis Capital and Price f(x) supervisory board member said: "When we invested in 2016 alongside with Credo Ventures, we saw the potential for Price f(x) to become a global solution for industry leaders solving a suite of price management challenges. We’re proud to note a record-breaking year for Price f(x) and the addition of Patrick Moorhead to their excellent team, as the company continues to attract and retain a super high-quality customer base. The team’s excellent customer service, operational expertise and impressive dedication has been a recipe for success. We’re excited by their plans for future expansion and are optimistic for another year of astronomical growth!"

- ENDS -

About Price f(x)
Established in 2011 in Germany, Price f(x) AG is the provider of a full suite of price management and CPQ SaaS solution based on the latest native cloud architecture, offering broad and flexible support to the entire price management closed loop cycle of Price Strategy, Controlling, Setting and Realization. The solution is suitable for B2B and B2C as well as for any industry, any size of business and geographical location. Price f(x)’s vision is to remain the leading SaaS pricing and CPQ platform provider offering easy to use, fast to implement, flexible to adapt, risk free and inexpensive, comprehensive solutions. Price f(x)’s business model is entirely based on the satisfaction and loyalty of its customers. For more information please visit: www.pricefx.com.

About Digital+ Partners
Digital+ Partners is a leading technology growth equity investor focused on European and US technology companies with €350 million assets under management. Digital+ supports ambitious entrepreneurs to build global technology leaders by providing them with strategic advice and long-term financial support to help them define and execute their growth plans. The fund focuses exclusively on B2B technology companies and leverages a deep corporate network to help portfolio companies access new markets and build new partnerships. For more information please visit: www.dplus.partners.

About Talis Capital
Talis Capital is a unique Venture Capital investment firm funded by a group of successful and strategic ultra-high net worth entrepreneurs. Focused on backing emerging software technologies, Talis has invested over $500m worth of transactions since 2009 and the portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, Threads, Oh My Green to name just a few. Talis concentrates on building long term partnerships and leverages its exclusive investor network to create opportunity. The team looks for innovative high growth companies with sector defining ventures and attractive business models.

www.taliscapital.com

Price f(x) Raises €25 Million in Series-B Funding Round Co-Led by Digital+ Partners and Bain & Company

Price f(x) Raises €25 Million in Series-B Funding Round Co-Led by Digital+ Partners and Bain & Company

MUNICH / NEW YORK – December 19th, 2018 Price f(x), the global leader in cloud pricing software, has raised €25 million in Series B funding. Leading the round are Digital+ Partners, a leading European B2B technology growth investor, and Bain & Company, one of the world's top management consulting firms. The Series A investors, Prague-based Credo Ventures and London-based Talis Capital, also participated in the round.

Established in 2011 in Munich, Price f(x) provides a modular SaaS solution for Price Optimization, Management (PO&M) and Configure-Price-Quote (CPQ) for enterprises of any size, based on the latest in native cloud architecture. The company currently serves over 80 global, blue-chip B2B and B2C customers across a variety of industries, including Robert Bosch, SchneiderElectric, Owens-Illinois, Iron Mountain and Sonoco. Price f(x) has also developed a strong partner ecosystem with leading global technology, consulting and integration providers—including Bain & Company and SAP—enabling a best-in-class service offering, which helps customers realize a fast time-to-value on their pricing projects.

“Price f(x) has become the leading SaaS pricing solution provider on the market through its customer centric approach and by offering a feature-rich, highly flexible pricing tool that is also risk free and fast to implement,” said Marcin Cichon, CEO and co-Founder of Price f(x). “Our success is based on the continued satisfaction and loyalty of our customers. This new funding will allow us to help even more businesses to thrive by further expanding our existing platform capabilities and also introducing a new product offering for the SME market segment.”

“We have been very impressed by what Marcin and his team have achieved to date and see a huge growth opportunity ahead for Price f(x). They have built a world-class product, driven by a relentless customer focus, and we believe they are set to become the global market leader in pricing software. We are proud and excited to co-lead this round with Bain & Company and support Price f(x) in this next stage of growth”, said Axel Krieger, Founding Partner at Digital+ Partners.

Earlier this year, Bain & Company and Price f(x) announced a partnership to develop the Bain Pricing Navigator, offering Bain & Company clients a powerful, industry-leading software tool. The solution enables customers to continuously assess and adjust pricing based on their company’s performance by leveraging real-time dashboards, proprietary insights and templates, as well as integration with CRM and ERP systems.

“For most companies, pricing is the single most effective lever to boost earnings,” said Ron Kermisch, Bain & Company’s global pricing leader. “Yet many companies leave money on the table because they do not set the best price or ensure customers actually pay the price they have determined. Bain & Company sees investing in Price f(x) as a great opportunity to help Price f(x) to become the de-facto standard in pricing and with that to be also the best-of-breed competitive weapon for Bain’s clients, to stay at the cutting edge of pricing.”

Over the last decade, Bain & Company has developed a deep understanding of pricing strategy and a proven track record of results, working with B2B and B2C companies globally across industries. A Bain & Company survey of more than 1,700 pricing decision-makers found that 70 percent of companies believe pricing is a top management priority. However, more than half of respondents conclude that management has insufficient visibility into pricing decisions. Furthermore, fewer than 20 percent of the companies surveyed have appropriate tools and dashboards to improve pricing decisions.

Ondrej Bartos, Co-Founder & Managing Partner at Credo Ventures said, “Since investing in Price f(x) alongside Talis Capital in 2016, it’s been exciting to see the company close in on their vision to become the leader in price optimization software solutions. The energy and resilience demonstrated by Marcin and his team is what makes truly successful companies and we are grateful to be part of their journey.”

Price f(x) is a member of the Bain Alliance Ecosystem – a network of best-of-breed partnerships with complementary tool, technology, and service providers that accelerates delivery of breakthrough client results.  Through the Bain Alliance Ecosystem, Bain & Company clients have access to relevant new capabilities, enabling faster assimilation of new ideas, skills, and ways of working.

Editor's note: To arrange an interview with Mr Kermisch, contact Katie Ware at  katie.ware@bain.com or +1 646 562 8107.

###

About Price f(x)

Established in 2011 in Germany, Price f(x) AG is the provider of a full suite of price management and CPQ SaaS solution based on latest native cloud architecture, offering broad and flexible support to the entire price management closed loop cycle of Price Strategy, Controlling, Setting and Realization. The solution is suitable for B2B and B2C as well as for any industry, any size of business and geographical location. Price f(x)’s vision is to remain the leading SaaS pricing and CPQ platform provider through offering easy to use, fast to implement, flexible to adapt, risk free and inexpensive, comprehensive solutions. Price f(x)’s business model is entirely based on the satisfaction and loyalty of its customers. For more information please visit:  www.pricefx.com.

 

About Digital+ Partners

Digital+ Partners is a leading technology growth equity investor focused on European and US technology companies with €350 million assets under management. Digital+ aims to support ambitious entrepreneurs build global technology companies, providing them with strategic advice and long-term financial support to help them define and execute their growth plans. The fund focuses exclusively on B2B technology companies and leverages a deep corporate network to help portfolio companies access new markets and build new partnerships. For more information please visit: http://www.dplus.partners

 

About Bain & Company, Inc.

Bain & Company is the management consulting firm that the world's business leaders come to when they want results. Bain advises clients on strategy, operations, information technology, organization, private equity, digital transformation and strategy, and mergers and acquisition, developing practical insights that clients act on and transferring skills that make change stick. The firm aligns its incentives with clients by linking its fees to their results. Bain clients have outperformed the stock market 4 to 1. Founded in 1973, Bain has 57 offices in 36 countries, and its deep expertise and client roster cross every industry and economic sector. For more information visit: www.bain.com.

Import.io Raises Series B Funding to Expand Industry-Leading Web Data Integration Platform

Import.io Raises Series B Funding to Expand Industry-Leading Web Data Integration Platform

Next Generation Solution Fuels Growth of $5B Web Data Integration Spending

Los Gatos, Calif. – Dec. 18, 2018 – Import.io, the leading web data integration solution provider, today announced it has closed a $15.5 million Series B funding round to accelerate global growth and expand its product offerings to meet the growing needs of enterprises.

Talis Capital, a London-based venture capital firm, led the investment with participation from existing investors IP Group, OpenOcean, Oxford Capital and Wellington Partners. This capital infusion comes at a time when companies are urgently trying to become “data-driven,” as a key part of digital transformation. Alternative data sources such as the web are crucial to gaining a competitive advantage. The web is the single largest data source on the planet, but traditional solutions for gathering that data are complex, unreliable, time intensive and poor quality.

With 90 percent of the world’s data having been created in the last two years, demand for data-driven insights leveraging web data continues to escalate. Total spend on web data integration is estimated to hit $5 billion in 2019 according to Opimas Research.

“Businesses around the world are losing trillions of dollars due to lack of timely access to high-quality data. In fact, IBM estimates that poor-quality data costs businesses in the U.S. more than $3 trillion annually,” said Gary Read, CEO of Import.io. “Import.io is committed to providing timely, high-quality data with little-to-no customer resource requirements. We empower our customer base of more than 800 companies to make business-critical decisions based on the data we provide every day; and we back that up with an aggressive service-level guarantee.”

“When we saw what Import.io was doing, we immediately understood the importance and recognized the game-changing capabilities of the solution,” said Matus Maar, co-founder and managing partner, Talis Capital. “We spoke to multiple Import.io customers who explained how important Import.io had become to their business and raved about the solution, support and quality of the data provided.”

In the 2018 IDC Business Analytic Solutions survey, IDC estimated that data professionals spend approximately 75 percent of their time gathering and cleaning data and only about 25 percent finding insights from the data. Import.io’s solution empowers data professionals to prioritize securing the insights and analytics that drive business innovation and competitive advantage.

This funding announcement highlights a momentous few years for Import.io. In 2016, Import.io appointed Read as CEO to scale the business, given his accomplished career of profitably growing companies in emerging industries – highlighted by Nimsoft's $350 million acquisition by CA Technologies in 2010. Since Read has taken the helm, Import.io has experienced three years of growth. In 2018 Import.io launched hundreds of new product capabilities and attracted more than 300 new customers across the financial services, retail and consulting industries, among others.

For more information on Import.io, please visit: www.import.io.

About Import.io

Import.io delivers the world’s data directly to enterprises, fueling business insight and competitive advantage. The Import.io highly scalable Web Data Integration solution extracts, prepares and integrates high-quality comprehensive web data into customers’ analytics platforms and business applications. The company delivers data to more than 800 enterprise customers from millions of web sources. Headquartered in Los Gatos, Calif., with offices in Denver and London UK, Import.io was founded in 2012. For more information, visit www.import.io

About Talis Capital
Talis Capital is a unique Venture Capital investment firm funded by a group of ultra successful and strategic high net worth entrepreneurs. Focused on backing emerging software technologies, Talis has completed over $500m worth of transactions since 2009 and the portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, Threads, Oh My Green to name just a few. Talis concentrates on building long term partnerships and leverages their exclusive investor network to create opportunity. The team looks for innovative high growth companies with sector defining ventures and sustainable business models.

www.taliscapital.com


Talis leads $3m seed funding round into Edge Intelligence

Talis Capital Announces Strategic Investment in Edge Intelligence

Investment Will Fund Further Product Innovation and Market Penetration in North America

London, UK and Boston September 25, 2018 – Talis Capital (Talis), a London-based venture capital firm focused on early-stage technology companies, today announced it has led a $3 million seed funding round into Edge Intelligence (Edge), developer of the first geographically distributed analytics platform built for both edge computing and hybrid cloud environments.

Existing investors in Edge Intelligence include Jerry Yang, co-founder of Yahoo; Scott McNealy, co-founder of Sun Microsystems, as well as Morado Venture Partners and Wellington Partners. In partnership with Talis and its other investors, Edge Intelligence will invest further in building out its pre-sales, sales, marketing and support functions as well as in expanding its product portfolio, with new analytics solutions required by telecommunications providers and cable multiple system operators.

Revenues for big data and business analytics are expected to grow to more than $260 billion by the end of 2022, according to IDC’s Worldwide Semiannual Big Data and Analytics Spending Guide. The challenge remains for companies to gain timely access to data being generated at the edges of their networks and to gain actionable insight.  Edge Intelligence has built a unique solution for the centralized management and analysis of geographically distributed data. In doing so, it is changing the archaic way in which companies implement secure, scalable and high-performing big data architectures. Its patented technology solution supports fast, secure access to data that may reside in thousands of locations.

“Data is critical for digital transformation success, yet it is becoming increasingly difficult to gain actionable insight from data. Transferring large volumes of data across geographies takes too long, costs too much, and increases data privacy concerns,” said Kate Mitchell, co-founder and CEO of Edge Intelligence. “We've developed a new approach to analytics, making it faster and easier to analyze vast amounts and types of globally distributed data generated by devices, machines and sensors – whether the data is seconds or years old. By keeping data close to where it’s generated without ever having to move the data, organizations gain near real-time, actionable insight to improve operational efficiency, profitability and gain a competitive advantage.”

“As the growth of the Internet of Things continues, Edge Intelligence has created an innovative solution whose analytics capabilities far outstrip the outdated methods of managing and analyzing data, that are currently available in the market,” said Matus Maar, Managing Partner at Talis. “We greatly look forward to partnering with Kate and the entire team at Edge, as they embark on this next, exciting phase of growth.”

  

 

Media Contacts

Edward Brown

Smithfield for Talis Capital

taliscapital@smithfieldgroup.com

+44(0)20 047 2268

Jessica Mularczyk

JHM Public Relations for Edge Intelligence

mularczykpr@verizon.net

508-498-9300

 

About Edge Intelligence

Edge Intelligence has developed the industry’s first distributed analytics platform built for both edge computing and hybrid cloud environments. Communication providers, enterprises and government entities are able to efficiently store, analyze and process all types of data across geographies without physically moving it. Edge Intelligence directly overcomes the challenges that must be addressed to instantly realize actionable insight from big data. Customers gain near real-time intelligence from data whether it is seconds or years old which is critical to success with their digital transformation efforts. To learn more, visit us at www.edgeintelligence.com.

 

About Talis Capital
Talis Capital is a London based venture capital firm and has completed over $500m of transactions since 2009. The fund counts some of the fastest growing tech start-ups in its portfolio – Darktrace, Onfido, Iwoca, Luminance, Pirate Studios - among many others.

For more information, visit www.taliscapital.com

This communication has been prepared by Talis Capital Limited which is an Appointed Representative of Privium Fund Management (UK) Limited (“Privium”). Privium is authorised and regulated by the Financial Conduct Authority ("FCA") in the United Kingdom. It is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. This communication is not intended for distribution to retail clients. Past performance does not necessarily predict future results and the capital value of the investments and the income generated can fluctuate. The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG
Copyright©2018, Talis Capital Limited. All rights reserved.

Talis Capital Announces Strategic Investment in Learning People & Appointment of Senior Adviser to the Board

PRESS RELEASE

·       Investment will fund the expansion of the firm’s B2C and B2B offerings

·       Appointment of Mr. Tony Glass to the Board as a senior adviser

London, UK, 17 September 2018 – Talis Capital (Talis), a London-based venture capital firm focused on technology companies, today announced an investment of $2.5million into Learning People, the UK’s leading online training company, and SkillsFox, its B2B arm serving corporate training and development needs. The investment comes at a time when online training courses are experiencing significant growth, with companies’ demanding specialist skill sets such as cyber-crime prevention for current and potential employees.

The Talis investment will be used to fuel the companies’ geographical expansion, developing an engaging, user-centric platform and building the range of innovative products for both individual and corporate clients.

Launched in 2010, Learning People was founded as a consumer-facing business, providing world-class training and examinations; recognised by a diverse range of exam boards in information security, project management, coding, IT and digital marketing. Over the last four years, more than 15,000 students have enrolled on to its courses. During this time, the company has significantly expanded course material to customers and has stayed at the forefront of the changing needs of the jobs market, equipping customers with the skills they need to get ahead in their careers.

With the global corporate training market alone estimated to grow at a CAGR of 9.79% over the next four years, the launch of SkillsFox aims to capture the significant opportunity here and equip businesses, from SMEs to some of the world’s largest companies, with the tools to upskill their workforce in critical areas such as cyber security, cloud, IT, project management, compliance and leadership skills.

Talis is also excited to announce that Tony Glass has joined Learning People and SkillsFox as a member of the Advisory Board. In this role, Mr. Glass will actively provide day-to-day senior counsel to both businesses, drawing on his experience from a distinguished career in the learning and development industry. Formerly the General Manager EMEA of Skillsoft, the world’s largest online training company, Mr. Glass brings in more than 25 years of leadership, management and operational experience in the sector. Prior to leading Skillsoft EMEA, he was Managing Director of General Physics UK training division (now GP Strategies) and Managing Director of Best Practice at ILX Group.

According to the UK Government’s digital skills crisis report, it is estimated that around 90% of jobs require digital skills to some degree, and that the skills gap costs the UK economy around £63 billion in lost income a year. In addition, the cybersecurity workforce continues to suffer severe work shortages, with the demand expected to rise to 6 million individuals globally by 2019.

Patrick Aylmer, CEO of the Learning People, said: “We are excited to partner with Talis, whose expertise in the tech space will be invaluable as we seek to build out our business and further develop our B2B offering. SkillsFox has seen us enter into a space in which we are convinced we can provide invaluable services to employers, allowing them to upskill and retain talent whilst increasing productivity across the workforce. The introduction of Tony will be invaluable for the team as we continue to experience rapid growth on the UK and international markets. His ability to scale businesses to serve top-level customers in both B2C and enterprise sectors will bring tremendous value

In a competitive space, Learning People has distinguished itself as a market leader, establishing a strong brand and an enviable reputation as a highly-trusted training provider,” said Vasile Foca, Managing Partner at Talis. “The speed of development in technology is disrupting the way people work, both positively and negatively. One of the results is that employees need to gain skills in which they have no experience, or which do not yet exist. Learning People are uniquely positioned to meet the existing demand for knowledge and respond to future technological shifts in demand such as the fast-evolving data security sector. We greatly look forward to partnering with Patrick, Tony, and the whole team as they embark on this next phase of growth.”

 

Ends

Media Contacts

Sam Moodie

Smithfield for Talis Capital

taliscapital@smithfieldgroup.com

+44(0)20 047 2541

 

About Talis Capital

Talis Capital is a London based venture capital firm and has completed over $500m of transactions since 2009. The fund counts some of the fastest growing tech start-ups in its portfolio – Darktrace, Onfido, Iwoca, Luminance, Pirate Studios - among many others.

For more information, visit www.taliscapital.com

 

About Learning People and SkillsFox

Learning People enables professionals to gain a footing and succeed in the fast-changing digital economy. The company provides online training across Cyber Security, Coding, Project Management, and Digital Marketing among other areas. Founded in 2010 and based in Dublin, Ireland, Brighton, UK and Sydney, Australia, Learning People has helped more than 15,000 professionals to get trained and acquire certifications to reach their career goals. The company's training is based on high-quality self-paced online courses, hands-on Practice Labs, and assessments based on the official certifications.  The company also offers career service to help new starters with their entry into IT job roles and active IT professionals to take the next career step.

SkillsFox aims to help companies to bridge the impending skills gaps in such business-critical areas as Cyber Security, Cloud, Data, IT and Project Management. SkillsFox utilises targeted skills assessments to help in focused delivery of high-quality courses and hands-on labs. Learn more at www.learningpeople.co.uk and www.skillsfox.io.

Talis Capital Limited is an Appointed Representative of Privium Fund Management (UK) Limited (“Privium”). Privium is authorised and regulated by the Financial Conduct Authority ("FCA") in the United Kingdom. It is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. This communication is not intended for distribution to retail clients. Past performance does not necessarily predict future results and the capital value of the investments and the income generated can fluctuate.

The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG.

Copyright©2018, Talis Capital Limited. All rights reserved.

Talis Capital & Credo Ventures lead more funding for Price f(x)

Talis Capital is pleased to announce that it has co-led an additional funding round along with Credo Ventures into leading price management, optimization and CPQ SaaS provider, Price f(x).

Price f(x) has now raised a total of $8.3 million on the back of its most successful year, having doubled the number of customers it serves. Price f(x) has also successfully established a market presence in the US and Asia Pacific with new offices in Chicago, IL and Brisbane, Australia.

Managing Partner of Ventures at Talis Capital, Matus Maar, commented “Price f(x) has been a stand-out performer in Talis’ portfolio and we think there is a huge amount of potential within the team and technology to come. Price f(x) has demonstrated significant value to its clients through its innovative approach to price optimisation and CPQ. We can’t wait to see what the team achieves this year during a period of exciting international expansion."

Established in 2011 in Germany, Price f(x) AG provides a full suite price management and CPQ SaaS solution based on a native cloud architecture, offering broad and flexible support across the entire price management lifecycle, including Price Strategy, Controlling, Setting, Optimization, and Realization. The solution is suitable for B2B and B2C as well as any industry facing the classical but also particular pricing challenges of commercial organizations of any size and geographical location. Price f(x)’s vision is to become and stay the leading SaaS pricing and CPQ solution provider through offering easy to use, fast to implement, flexible to adapt, risk-free and inexpensive, comprehensive solutions. Price f(x)’s business model is entirely based on satisfaction and loyalty of their customers, not about signing long-term commitments.

Price f(x) co-founder and CEO Marcin Cichon stated: “This year’s strong performance reconfirms Price f(x)’s clear differentiation, unique value proposition, and vision to disrupt established industry players. The continuous financial and operational support of our investors makes us very proud and will allow Price f(x) to further expand our existing commercial operations in North America, Europe, and Asia, while better serving its rapidly expanding list of customers, both large and small.”

 

About Talis Capital

Talis Capital is a London based venture capital firm, focused on B2B technology companies within three key areas: Security, Business Intelligence/SaaS and Financial Services. Talis Capital has completed over $380m of transactions since 2009 and has an outstanding returns track record. Talis has made over 30 venture investments and count some of the fastest growing tech start-ups in its portfolio – Darktrace, Onfido, Iwoca, Luminance, Pirate Studios - among many others. For more information visit:  https://www.taliscapital.com/

Narrativ helps publishers make more money when they drive sales

Narrativ founder and CEO Shirley Chen said there’s a big revenue opportunity that’s gone largely untapped by online publishers — namely, the links those publishers are already using to direct readers to buy the products mentioned in an article.

Sure, affiliate links are a common business model, where publishers get a cut of the business that they’re sending to retailers. There are even companies like Skimlinks and VigLink that automate this process.

But Narrativ is doing something a bit different. It turns these links into an advertising unit called a SmartLink, where different retailers can bid in real-time for each click.

The company has raised $3 million in funding from investors includingTalis Capital and New Enterprise Associates.

Chen previously worked at the intersection of commerce and media, serving as head of marketing at Moda Operandi, the e-commerce company backed by Condé Nast-owner Advance Publications and LVMH. She argued that SmartLinks are a more effective form of promotion than banner ads (which are intrusive and can be stripped out by ad blockers) and native advertising.

“Native advertising mimics real content,” Chen said. “Narrativ advertising is real content.”

In other words, the product doesn’t require writers and editors to do anything different — it automatically transforms the product links that they were going to include in their articles anyway into SmartLinks. Similarly, readers just click on the links that they want to, and the bidding and redirecting should happen imperceptibly.

Retailers, meanwhile, can run more sophisticated campaigns where they bid different amounts for different users who have different levels of exposure to the brand and product. (Chen contrasted that with the “last click” approach, where all the affiliate money goes to whoever drove the final click before purchase.) And since the bidding happens in at the moment of the click, they get to avoid “link rot” when a product link changes.

Although Narrativ is officially coming out of stealth today, Chen said the product has already been in testing with publishers like New York Magazine, which has seen the value of its content clicks increase by 250 percent, and with retailers like Dermstore, which saw its return on investment increase by 67 percent year-over-year.

In a statement, Dermstore Vice President of Marketing Richie Singh said that before Narrativ, the company wasn’t thinking about promoting itself through editorial content: “The technology just wasn’t there.”

“Our competitors were winning 92% of traffic from editorial links until Narrativ,” he added. “For the first time, we control when a product featured in content drives traffic to Dermstore.” (Here’s a bit more detail about how Dermstore is using Narrativ.)

Beyond plain vanilla links, Chen also said that Narrativ works with other units like product galleries. The key, she said, is that it can’t be intrusive to the reader experience.

 

Original Source: https://techcrunch.com/2017/08/15/narrativ/