Portfolio Impact: Nassau Street & Agolo
April 15, 2021 | Scott Murphy
Through Alumni Ventures’ unique model, Nassau Street Ventures and sibling funds are able to access investment opportunities with promising, venture-backed startups. A key part of this is our ability to be a low-friction, value-add investor that can offer support from Alumni Ventures network of 550,000 community members and subscribers. Agolo Co-Founder and CEO Sage Wohns and Nassau Street investor Terence Rozier-Byrd ’01 share how they connected with Nassau Street Ventures and the benefits of being part of our network of Princeton alumni and friends of the community.
Nassau Street’s Value-Add
Agolo is a leading summarization platform for enterprise companies. Its AI engines analyze thousands of documents daily and generate human-readable summaries in real-time. Co-Founder and CEO Sage Wohns sought out a relationship with Tom Meyer, Managing Partner of Nassau Street Ventures (for the Princeton community), due to Tom’s prior experience as an entrepreneur in the sector. Agolo’s relationship with Nassau Street has provided the company with valuable connections and the ability to hire from our robust network, while also allowing our firm to invest in a promising, industry-leading company.
Terence Rozier-Byrd ’01 is an investor in Nassau Street Funds 1 and 2. He was compelled to invest in Nassau Street not only because of the unique access we provide to venture portfolios, but specifically because of the time and effort Tom put into explaining the value of joining the fund. Terence has since leveraged his experience as an investment attorney as a member of the Investor Advisory Council for Alumni Ventures. He contributes to discussions about our firm’s strategy in multiple areas.