Quansight Chooses Vertalo Digital Cap Table and Fund Management Platform
September 8, 2020 — Austin, TX — — Vertalo, the digital transfer agent that connects and enables the digital asset ecosystem, is excited to announce its most recent partnership with Quansight, an open-source technology services and incubation firm. Quansight has chosen Vertalo to help facilitate the digital management of its fund and cap table. This partnership is representative of the global shift toward digitization and (optional) tokenization by fund managers for their investors and LP’s.
As part of Quansight’s mission to enable a sustainable economy around open source software, their venture fund, Quansight Initiate, invests in companies that are innovating with open source technologies. Quansight chose to invest in Vertalo because their solution addresses one of the most pressing needs of fund managers — a digital and compliant solution to cap table and fund management.
After an extensive search of the marketplace, Quansight determined that Vertalo was also the right choice for their own cap table management needs. Quansight needed the ability to track investments and handle reporting for tax purposes and at regular intervals in both an efficient and transparent manner. A close partnership ensued with Quansight and Vertalo collaborating on platform features and functionality. Vertalo is extremely demand-driven and was able to internally build specific features for Quansight and is doing the same for other fund manager clients more generally.
Dave Hendricks, CEO of Vertalo, is always on the lookout for clients who want to co-develop to produce repeatable, market leading solutions. “Vertalo is lucky to have partnered with Quansight as they raise and deploy their fund across a growing list of portfolio companies. Over the life of our partnership, Travis, Bradden and the team at Quansight have been invaluable partners in the development of Vertalo’s Fund Manager and RIA capabilities. As a developer of B2B SaaS Transfer Agent technology, Vertalo benefits from working closely with cutting edge teams that span the realms of traditional and digital finance realms. Thanks to Quansight, the Vertalo platform is now one of the few digital asset platforms that can accomodate RIAs and fund managers that want to track and deploy digital offerings of their own. Working with Quansight has broadened Vertalo’s offering and made it better for all of our clients, current and future.”
Quansight Initiate was an early investor in, and then became a client of Vertalo in 2019. Said Bradden Blair, Quansight Initiate Managing Director, “Our in-house team has been thrilled to work directly with Vertalo, providing valuable input for what features and functions we need for our reporting and investor management. It’s been ever better to see Vertalo implement these requests with immediacy; receiving feedback from us on layout, design, and functionality. We recommend Vertalo to anyone looking for a digital transfer agent or investor management solution, as they can handle both digital and analog solutions side-by-side. Quansight is eager to continue growing with them to offer best-in-class products that the market (us included) truly needs.”
For more information on Vertalo, visit www.vertalo.com or stay updated with Vertalo’s communications:
Telegram — https://t.me/vertalotoken
For more information on Quansight, visit https://www.quansight.com/ or stay updated with Quansight’s communications:
Launched after their own March 2018 STO, Vertalo is a B2B SaaS company founded to map the gaps between primary and secondary trading of digital securities offerings. As the ‘Operating System for Digital Assets’, Vertalo is focused on connecting and enabling the digital asset economy, providing an industry-leading cap table and investor onboarding solution that facilitates direct ownership and direct listing of any private asset. In addition to offering direct issuance services to private companies, Vertalo also offers white-label, licensed, and joint venture opportunities to capital advisors, broker-dealers, and investment banks. A subsidiary of SeriesX, Vertalo is headquartered in Austin, TX with offices in New York City and Seoul. Learn more about SeriesX and Vertalo at www.vertalo.com.
Quansight (www.quansight.com) is an engineering consulting, services, and investment firm specializing in open source software for data science and machine learning. Quansight was co-founded by Travis Oliphant, founder of Anaconda. Oliphant has over 20 years’ experience in open-source communities having created SciPy, NumPy, and Numba and contributed to many other projects like Juptyer, Conda, Bokeh, Dask, and XND.