DifferentFunds Launches the First Platform Built for Investing in Venture Funds
WASHINGTON, Sept. 18, 2018 /PRNewswire-PRWeb/ -- DifferentFunds, Inc. announced today the launch of their venture investing platform - the first of its kind. The platform enables qualified investors to review a variety of available funds and make investments through the platform. The team at Different aims to make venture investing easier, more efficient, and more engaging for Accredited investors and large institutions alike.
Billion dollar funds and unicorns absorb all the headlines, but the reality is that smaller funds, and early stage investments have outperformed these larger firms. (Preqin Global Venture Performance; Dec. 31, 2015; Cambridge Associates Global Venture by Strategy; Dec. 31, 2015.) For the first time Different makes it easier to find and invest in these funds.
"Our research and operational capabilities along with the size of our fund universe make an allocation to venture possible for more investors and institutions." says Harold Hughes, Different CIO and former AllianceBernstein Americas CEO. "The funds on our platform invest in technologies that solve serious problems and realize enormous opportunities in cities across the entire US and globally."
The Different team brings extensive experience in venture and startup ecosystems, drawing from their network in over 65 markets globally. Funds are sourced from a list of over 800 firms; investors can review offerings on the platform based on geography, industry focus, and other factors. DifferentFunds captures a wide variety with funds from 30+ markets and 20+ sectors. Over 65% of firms have diverse management teams. Listed funds include those investing in Frontier Tech, HealthTech, FinTech, women founders, and much more.
"Different has the opportunity to lead the transformation of a massive industry," says Austin Ligon, founding CEO at CarMax, Redfin board member, and advisor to Different. "Look at the impact CarMax has on the automotive industry, or Redfin on the real estate industry. The ability to present complex opportunities in efficient, accessible, transparent ways will change the world of venture investing."
"The future of venture isn't monolithic, oversized wannabe Private Equity firms investing in concierge products for the 1%," says Different CEO and founder, Leslie Jump. "The future of venture is being built in cities across the country, in a vast array of industries, by a diverse group of innovative managers. The future of venture is Different."
Qualified investors can register for the platform at http://www.differentfunds.com.
About DifferentFunds, Inc.
Different is the first platform designed and built for investing in venture funds. Different combines a deep understanding of the venture ecosystem with institutional-grade research and due diligence. Our network spans 65+ markets, in the US and internationally. We source from more than 800 funds. Our funds have tremendous variety, investing in 20+ sectors and with over 65% GP diversity. Our team blends expertise in venture, technology and financial services, and averages 20+ years of venture and investing experience. Learn more at http://www.differentfunds.com.
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