42 Ventures

42 ventures was founded in 2006 by Ned Stringham, an experienced business builder, internet expert and growth company investor. 42v takes a unique approach that is unlike traditional venture firms, angel investors or private equity groups. Everyone involved with 42v has started and grown their own business which means they know what it takes to win. And since the investment capital comes from Ned, his team, and a tight circle of advisors, they are true partner in building the business. For some companies that simply need capital, 42v is not a fit, but when entrepreneurs desire a partner that can help make the business grow, this model really works. 42v invests between $250,000 and $1.5 million in a typical deal. There is no time frame on exit, nor is there a fixed structure for investing. The firm maintains an evergreen fund of capital meaning that the team having enough time to support a new portfolio company is the primary constraint, not money. They like companies that already have products and customers and seek out businesses with well defined markets generally focused on a specific industry or specialized function.

Doug Folsom

CFO

Ned Stringham

MD

16 past transactions

SwipeClock

Venture Round in 2014
SwipeClock is a leading provider of cloud-based integrated workforce management software solutions that include automated time and attendance, advanced scheduling, and leave management capabilities. The company’s products including TimeWorksPlus, TimeWorks Mobile, and TimeSimplicity, enable more than 700 partners to help their clients manage their most important and expensive asset—employees. SwipeClock’s workforce management products enable more than 24,000 businesses to lower labor costs, comply with regulatory mandates, and maximize their profits.

Pride Media Group

Series A in 2013
Pride-Media helps build and fund powerful technology applications. They are a technology and venture capitalist company that specializes in developing and achieving complex integration across multiple mediums or systems to deliver sound technological software or services. Pride-Media believes partnering with industry-experienced entrepreneurs is the winning combination. Their team offers not only capital, but hands-on experience. Expertise in business management, strategy and technology development provide sound advise and ensure the right execution for success.

Distribion

Seed Round in 2011
Distribion is a leading provider of web-based software that allows marketers to manage the complex needs of distributed marketing organizations through a single integrated platform. Corporate and local marketers, field sales and marketing partners can efficiently create, store, localize, manage and measure marketing communications across channels.

iDealResponse

Series A in 2012
iDealResponse drives consistently exceptional customer conversations. The first “verbal social” platform, iR helps sales and support reps hone sales pitches, master winning responses to customer objections, and prepare for critical negotiations. An easy-to-use, phone-based solution, it gives teams a way to collaborate in real-time to quickly master the knowledge and verbal skills to win and keep customers. It was founded in 2009 and headquartered in Draper, Utah.

TransitionWorks

Series A in 2008
TouchPath is a provider of application-based, passenger-transport services intended to streamline processes and operations. The company's services include enterprise warehouse, field service and sales operations, enabling users to capture critical information, improve the visibility of assets, processes and orders and interact with their company's ERP (enterprise resource planning) systems in real-time wherever they are.

Insurance Technologies

Private Equity Round in 2014
Insurance Technologies, LLC designs and develops sales automation solutions to insurance and financial services industries. It offers ForeSight, an annuity and life insurance illustration software to create compliant and compelling new business and inforce illustrations, as well as supports key aspects of the sales process for multiple lines of business and product types across diverse distribution channels. The company also provides FireLight sales automation software to digitally transform the entire sales process across all lines of business and to create cohesive and influential sales and buying experiences. It serves various lines of business, including annuity, life, long term care, and DI insurances; and carriers and distributors. Insurance Technologies, LLC was founded in 1995 and is headquartered in Colorado Springs, Colorado.

Vertical Nerve

Seed Round in 2010
Vertical Nerve are a digital optimization agency focused on producing measurable results for their clients through programs specifically designed to acquire more traffic and convert more visitors into sales and leads. They draw from 17 years of success helping businesses realize more ROI from their digital channels.

SwipeClock

Venture Round in 2014
SwipeClock is a leading provider of cloud-based integrated workforce management software solutions that include automated time and attendance, advanced scheduling, and leave management capabilities. The company’s products including TimeWorksPlus, TimeWorks Mobile, and TimeSimplicity, enable more than 700 partners to help their clients manage their most important and expensive asset—employees. SwipeClock’s workforce management products enable more than 24,000 businesses to lower labor costs, comply with regulatory mandates, and maximize their profits.

Inside Real Estate

Series A in 2011
Inside Real Estate develops and distributes lead generation, CRM, and automation systems for firms in the retail industry. The company provides technologies for wordpress, RETS, google maps, greatschools, twilio, cloud architecture, mailchimp, and google apps. Furthermore, it offers mobile web development, IDX, SEO, automated CRM, calls, reporting, and transaction services to its clients. Inside Real Estate was founded by Joe Skousen and is based in Salt Lake City.

Sharp Analytics

Seed Round in 2006
Sharp Analytics bridges the gap between on and offline data through the SharpView Marketing Analytics Platform. By integrating data from disparate sources, the Sharp Analytics Marketing platform provides a central “dashboard” view into all of your marketing programs that can be used to drive immediate decisions and – ultimately – ROI. Sharp Analytics combines the advantages of Web-based software – including ease-of-implementation and use – with ongoing dedicated analytics services to help you understand and enhance your data. Our background in data integration and analytics gives us the expertise to take data that is messy and incomprehensible, and make it meaningful and actionable for you. We act as your guide, providing quality analysis of complex data and can help you focus on channel synergy, tracking your competition and forecasting for improved performance.

SwipeClock

Venture Round in 2014
SwipeClock is a leading provider of cloud-based integrated workforce management software solutions that include automated time and attendance, advanced scheduling, and leave management capabilities. The company’s products including TimeWorksPlus, TimeWorks Mobile, and TimeSimplicity, enable more than 700 partners to help their clients manage their most important and expensive asset—employees. SwipeClock’s workforce management products enable more than 24,000 businesses to lower labor costs, comply with regulatory mandates, and maximize their profits.

White Label Marketing

Series A in 2009
White Label Marketing helps mid-sized businesses fully exploit the benefits of online marketing. They do this by first conducting a deep assessment of your online performance, which includes matching you up against top online competitors who are experiencing success. Then they develop and execute a multi-channel online marketing program designed specifically to help you win in your markets. Their team of dedicated professionals has experience in search, email, media, social, mobile, web and affiliate marketing and pride ourselves on knowing how to get results. The company was founded in 2010 by Ned Stringham, who built and sold one of the largest independent interactive marketing firms in North America in the early to mid 2000’s. Stringham, an active venture capitalist, witnessed the persistent proliferation of new online marketing channels, tools and solutions in the years following. Today more than ever, companies struggle with an increasingly complex online marketing landscape. Marketing executives are inclined to make rash and uninformed decisions because of rapidly evolving channels and strategies, leading to poor execution and performance. White Label Marketing fills this gap, helping companies take full advantage of new channels, tools and strategies, so company leadership is free to focus on its core competencies while maintaining an edge over the competition.

Kickanotch mobile

Series A in 2011
Kickanotch mobile provides broadcasting, publishing and corporate organizations advanced, efficient and easy-to-use mobile marketing and monetization applications and platform management SaaS. Kickanotch custom applications increase adverting sales and profits and target consumers on virtually any mobile device.

FAST Technology

Private Equity Round in 2015
FAST, which stands for "Flexible Architecture, Simplified Technology", is a privately-held company located in Iselin, NJ founded by the former leaders of NaviSys. Their team of passionate, experienced entrepreneurs focuses on solving the challenges their financial services clients face as they seek to modernize their systems environments or completely replace legacy systems.

New Media Gateway

Seed Round in 2007
New Media Gateway, Inc., through its subsidiaries, provides Web-based enterprise marketing solutions. The company's marketing software products include digital marketing center with email marketing center, on-demand printing, marketing asset manager, form and survey center, contact management, micro site generator, and presentation generator modules; and Web content management with file management center, dynamic site navigation, site template manager, image library, category management, widget library, blog, event calendar manager, and opt-in manager modules. Its marketing software products also include relationship management with CRM engine sales management AD HOC reporting, employee manager, partner management, orders and inventory, and data migration modules; and workflow management with file management center, approval management, directory management, internal communications, service assignment tool, and campaign creation center modules. The company's marketing services include search engine marketing, marketing analytics, creative design, email marketing, e-catalogue/e-brochure, custom development, CD/DVD development, print fulfillment, and enterprise hosting. It also designs, creates, manufactures, and delivers print materials, such as CD business cards, replications, ticket CDs, traditional recordable media, and custom-shaped CDs and DVDs. The company serves agency, franchise, financial, energy, healthcare, insurance, non profit, technology, and real estate industries; and hospitality industry customers, such as convention and visitor bureaus, convention centers, hotels, resorts, casinos, state tourism boards, chambers of commerce, arenas and facilities, and associations. New Media Gateway, Inc. was founded in 1998 and is based in Dallas, Texas.

Simpleview

Debt Financing in 2010
Simpleview offers integrated products and services for destination marketing organizations (DMOs), including the industry's most advanced customer relationship management (CRM) platform and content management system (CMS), forecasting and reporting tools, websites, mobile sites, search engine optimization and interactive marketing services. Simpleview works with more than 500 U.S. and international destinations.