Ashley Brindamour AVG Blog May 13, 2021

Spotlighting Two Deals in the Emerging Markets Portfolio

Privacy platform Tripleblind and Clinician Marketplace Matchwell Join the EMF Portfolio



Spotlighting Two Deals in the Emerging Markets Portfolio

May 13, 2021 | Ashley Brindamour

 

To help illustrate the diversity and promise of our Emerging Markets Fund, we wanted to turn the spotlight on two deals recently added to the portfolio: Matchwell and TripleBlind. See below to learn more about both companies, or visit our fund portal and register for a webinar.

 

Upcoming Roundtable

Alumni Ventures’ Emerging Markets Fund offers accredited individuals the opportunity to invest in promising, venture-backed companies from emerging markets in the U.S. and abroad. Learn how our Investment Teams source and vet companies that fit this thesis during a roundtable discussion on Wednesday, May 19, at 2:00 PM ET. Panelists will include (from left):

  • Isaac Schlecht, Principal of Castor Ventures
  • Larry Warnock, Managing Partner of Ring Ventures
  • Erik Hammer, Senior Principal of Purple Arch Ventures
  • Krithika Kumar, Principal of Strawberry Creek Ventures

Register for the Webinar

 

Problem:

Data sharing can help accelerate cures for disease, reduce financial crimes, give companies greater insights into their customers, and much more. But privacy requirements and regulations are a major barrier to that sharing. In privacy-regulated industries like financial services, health, and industrials, companies are prevented from sharing data, and nearly ~75% of their data goes unanalyzed.

Solution:

TripleBlind has created a safe, secure marketplace bringing together datasets holders with users who could derive insights from that data. TripleBlind helps companies that want to develop ML algorithms and train them on sensitive third-party data to do that in a way that does not compromise the privacy of the data or the algorithm. TripleBlind is the fastest, most accurate, and scalable privacy framework with the highest interoperability.

Results:

TripleBlind helps decision makers generate new revenue for their organizations; gain deeper insights faster; create improved modeling and analysis; and collaborate more effectively with customers, partners, and even competitors. While the company is headquartered in Kansas City, MO, they have already expanded to serve clients in South Asia and Australia.

 

Alumni Ventures’ Emerging Markets Fund offers a portfolio of ~20-30 promising, venture-backed companies from emerging markets in the U.S. and internationally. It’s a chance to further diversify your portfolio, seeking opportunities in rapidly growing regions where there are outsized opportunities.

To learn more, click below to review fund materials or book a call with a Senior Partner.

Book A Call  View Fund Materials

 

Problem:

Healthcare staffing is a constant challenge. Facilities seek a less expensive and more sustainable staffing solution than agencies, while healthcare works want better pay and work-life balance. This problem is only expected to continue. The number of healthcare jobs will increase by nearly 12% between 2018 and 2028, but professions like nursing aren’t producing candidates at the same rate.

Solution:

Matchwell provides a cloud-based job marketplace connecting healthcare workers (nurses, therapists, other caregivers) seeking a job change to short- or long-term contracts by letting them join facility pools they prefer, see shift information, and communicate with facility hiring managers. Candidates are qualified and pre-vetted.

Matchwell captures revenue in a subscription model paid per site and clinical setting. This differs from existing agencies, which are transactional (per shift or per-FTE finders fees), and creates recurring revenue that is stickier than transactional models.

Results:

Matchwell has a diverse customer base, including skilled nursing facilities, assisted living centers, and major hospital systems (such as Adventist Healthcare). The company is based in Durham, NC, and has used this to build a strong foothold in the Southeast, from which they are now expanding.

 


 

Contact avginvestor.relations@avgfunds.com for additional information. To see additional risk factors and investment considerations, visit avg-funds.com/Disclosures.

 



Ready To Join The AVG Community?


Related + Next Steps

 
 
Take a Closer Look at the Diversification of the Emerging Markets Fund
The Emerging Markets Fund closes on June 30! See how the diversification of the Emerging Markets...
 
 
Emerging Markets Fund Closes On June 30
A reminder that our Emerging Markets Fund closes to new investors at the end of June, or...
 
 
Emerging Markets: 5 Questions with Kolors CEO Rodrigo Martínez
We’re pleased to introduce a recent investment in our Emerging Markets Fund. Kolors helps...