Compound (company)

Compound
Formerly called
Metamorphic Ventures
Industry Venture capital
Founder David Hirsch
Website compound.vc

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
2014 UpCounsel[5] Legal services marketplace for businesses
2014 Indiegogo[6] International crowdfunding site, competitor to Kickstarter and GoFundMe.
2014 Switch (app)[7] Job matching app and Job search engine, nicknamed Tinder for jobs.[8]
2013 Movable Ink[9] Email service provider
2011 Appboy[10] New York City-based mobile marketing automation company
2010 Chango[11] Toronto-based advertising company

References

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