Saturn Partners

Since 1994, Saturn Partners has taken an active role in the formation and management of seed and early-stage technology companies. Saturn looks for companies with potential for significant growth, primarily in information and financial technology, but also in advanced materials and specialty energy. We enjoy the challenge of rolling up our sleeves and teaming with creative entrepreneurs to build great companies. We’re not the type of investors to just take part in the board call each quarter. When you need us, we’ll be there with the capital and operational expertise necessary to unleash your company’s potential. Initial investments typically range from $1 million to $3 million, with reserve amounts varying based on each company’s expected future needs.

Lafferty, Edward Alexander

General Partner and CFO

23 past transactions

Areteia Therapeutics

Series A in 2022
Areteia Therapeutics is a biotechnology company committed to putting asthma patients in better control of their disease. The company was spun out of Pennsylvania-based Knopp, which published results from its phase 2 clinical trial last year that showed its oral drug candidate could reduce the count of blood eosinophil, which is an indication of improving lung function and is found in several asthma-related treatments.

Third Pole

Venture Round in 2017
Third Pole core technology is an innovative, clean, tankless inhaled Nitric Oxide (NO) proven equivalent to marketed tank-gas in the lab. Nitric oxide saves hypoxic newborns, but it is only available in a limited number of countries, for those who can afford it, by physicians who have access to the product.

Yieldstreet

Seed Round in 2016
Yieldstreet is a management platform that provides retail investors access to income-generating investment products. Founded in 2015, It gives individuals access to alternative investments that have traditionally been off-limits to the average investor. With over $2.5 billion invested across multiple asset classes, Yieldstreet is changing the way people generate passive income by lowering and removing the barriers that historically kept these lucrative opportunities far out of reach. In 2013, founders Milind Mehere and Michael Weisz were frustrated that many investment strategies were typically reserved only for institutions and the ultra-wealthy. Typically, the average investor was left to choose between the stock market and bonds with falling yields - with few options in between. Asset-based investments had longer hold periods and a higher barrier of entry, keeping them well out of reach of accredited investors — even more so for unaccredited investors. As a result, they decided to leverage the growing fintech disruption to give more people access to these previously restricted alternative investments. Milind’s background in building companies combined with Michael’s decade-plus experience in investing and fund management formed the core of Yieldstreet. Passion for their investors and employees as well as a willing embrace of innovation, has been part of Yieldstreet’s identity from the beginning. Each decision to leverage a new technology, or investment strategy, or originate a new deal is made to put investors first. That drive has propelled Yieldstreet across all 50 states, crossing $100M invested in less than eight quarters, with the $1B milestone coming only three years later. In 2019, Yieldstreet’s membership had grown to 100,000, and a savings account for members was launched. Yieldstreet, since its launch in 2015, has not deviated from its goal to change investing for the better, nor has it slowed down. Yieldstreet was ranked number 46 on the Inc. 5000 list of the fastest-growing companies and has been recognized by Built In as one of the Best Places to Work. Yieldstreet today delivers wealth generation options and alternative investments for more than 330,000 investors and has returned more than $1.3 billion in principal/interest. Many alternative investment platforms only focus on one asset class, such as real estate or art. Yieldstreet’s offerings, accessed through cash or a low-fee IRA, cover a wide range of asset classes — art, real estate, legal, corporates, consumer, and commercial, via single investments or funds. Yieldstreet also offers its members short-term notes on offerings with a hold period between 3 and 6 months, which generally boast higher interest rates than money markets and CDs. Yieldstreet is headquartered in New York and has offices in Brazil, Greece, and Malta. Michael Weisz serves as President and Milind Mehere serves as CEO. Together, they manage a team of more than 140 employees, all working toward Yieldstreet’s one goal: to change the way people invest for the better.

Trunomi

Seed Round in 2016
Trunomi’s rules-based platform is the leader in Enterprise Data Privacy Compliance. Enabling businesses for the first time to understand what data they hold, under what regulation and why. Allowing companies to comply with current and future global regulations from a single platform. Trunomi never sees or stores your customer’s personal data due to its patented technology; and for this reason, Trunomi’s technology is not bound by jurisdictional borders surrounding personal data. Certified to operate to NSA security standards and validated by Baker McKenzie, Trunomi is a zero-risk solution allowing businesses to: • Prove Compliance with all Global Regulations - now and forever • Visualise your customer data from a single screen • Map your customer data • Automate Data Subject Request (DSR) management • Turn Privacy into a customer experience • Switch on Privacy easily, with a developer-first approach

Yieldstreet

Seed Round in 2016
Yieldstreet is a management platform that provides retail investors access to income-generating investment products. Founded in 2015, It gives individuals access to alternative investments that have traditionally been off-limits to the average investor. With over $2.5 billion invested across multiple asset classes, Yieldstreet is changing the way people generate passive income by lowering and removing the barriers that historically kept these lucrative opportunities far out of reach. In 2013, founders Milind Mehere and Michael Weisz were frustrated that many investment strategies were typically reserved only for institutions and the ultra-wealthy. Typically, the average investor was left to choose between the stock market and bonds with falling yields - with few options in between. Asset-based investments had longer hold periods and a higher barrier of entry, keeping them well out of reach of accredited investors — even more so for unaccredited investors. As a result, they decided to leverage the growing fintech disruption to give more people access to these previously restricted alternative investments. Milind’s background in building companies combined with Michael’s decade-plus experience in investing and fund management formed the core of Yieldstreet. Passion for their investors and employees as well as a willing embrace of innovation, has been part of Yieldstreet’s identity from the beginning. Each decision to leverage a new technology, or investment strategy, or originate a new deal is made to put investors first. That drive has propelled Yieldstreet across all 50 states, crossing $100M invested in less than eight quarters, with the $1B milestone coming only three years later. In 2019, Yieldstreet’s membership had grown to 100,000, and a savings account for members was launched. Yieldstreet, since its launch in 2015, has not deviated from its goal to change investing for the better, nor has it slowed down. Yieldstreet was ranked number 46 on the Inc. 5000 list of the fastest-growing companies and has been recognized by Built In as one of the Best Places to Work. Yieldstreet today delivers wealth generation options and alternative investments for more than 330,000 investors and has returned more than $1.3 billion in principal/interest. Many alternative investment platforms only focus on one asset class, such as real estate or art. Yieldstreet’s offerings, accessed through cash or a low-fee IRA, cover a wide range of asset classes — art, real estate, legal, corporates, consumer, and commercial, via single investments or funds. Yieldstreet also offers its members short-term notes on offerings with a hold period between 3 and 6 months, which generally boast higher interest rates than money markets and CDs. Yieldstreet is headquartered in New York and has offices in Brazil, Greece, and Malta. Michael Weisz serves as President and Milind Mehere serves as CEO. Together, they manage a team of more than 140 employees, all working toward Yieldstreet’s one goal: to change the way people invest for the better.

Kaleo Software

Series A in 2015
Kaleo Software California-based company that automates self-help across the enterprise knowledge in question and answer format. The company drives self-help adoption by automatically providing bite-sized answers to trending questions. It captures and tags information to create an organically growing knowledge base. Users can find information based on input from co-workers and topic experts. Powerful analytics enable users to see what topics are trending and find experts to assist them. Kaleo Software connects employees with subject matter expertise from their organization's internal experts and from within any technology platform anytime, anywhere. The company also integrates into popular business applications like SharePoint, ServiceNow, and Slack to deliver information when and where employees need it. Founded in 2012 and is headquartered in El Segundo, CA, USA.

Alignable

Venture Round in 2015
With more than 6 million members, and millions of connections across more than 30,000 local communities, Alignable is the online network where small business owners across North America drive leads and prospects, generate referrals, land new business, build trusted relationships, and share great advice. Members use Alignable to get the industry answers they need, connect within their local business community or across the country, and increase buzz for their business. Headquartered in Boston, Alignable officially launched its services in 2014. It's venture-backed by Mayfield Fund, Recruit Strategic Partners, Saturn Partners, NextView Ventures and Lead Edge Capital.

Trunomi

Seed Round in 2015
Trunomi’s rules-based platform is the leader in Enterprise Data Privacy Compliance. Enabling businesses for the first time to understand what data they hold, under what regulation and why. Allowing companies to comply with current and future global regulations from a single platform. Trunomi never sees or stores your customer’s personal data due to its patented technology; and for this reason, Trunomi’s technology is not bound by jurisdictional borders surrounding personal data. Certified to operate to NSA security standards and validated by Baker McKenzie, Trunomi is a zero-risk solution allowing businesses to: • Prove Compliance with all Global Regulations - now and forever • Visualise your customer data from a single screen • Map your customer data • Automate Data Subject Request (DSR) management • Turn Privacy into a customer experience • Switch on Privacy easily, with a developer-first approach

Omaze

Series A in 2015
Omaze provides an online fundraising platform. It gives everyone a chance to win once-in-a-lifetime opportunities, like a trip to SpaceX's Singularity University headquarters, or a hang-out session with the cast of It's Always Sunny In Philadelphia.

EKCS

Venture Round in 2014
EKCS is an independent provider of creative production solutions across print, digital, video and packaging. Everything we do allows our clients to perform at their very best. We do this by coupling our cross-channel creative production expertise with their creative passion, to launch compelling creative campaigns.

Omaze

Seed Round in 2014
Omaze provides an online fundraising platform. It gives everyone a chance to win once-in-a-lifetime opportunities, like a trip to SpaceX's Singularity University headquarters, or a hang-out session with the cast of It's Always Sunny In Philadelphia.

Alignable

Venture Round in 2014
With more than 6 million members, and millions of connections across more than 30,000 local communities, Alignable is the online network where small business owners across North America drive leads and prospects, generate referrals, land new business, build trusted relationships, and share great advice. Members use Alignable to get the industry answers they need, connect within their local business community or across the country, and increase buzz for their business. Headquartered in Boston, Alignable officially launched its services in 2014. It's venture-backed by Mayfield Fund, Recruit Strategic Partners, Saturn Partners, NextView Ventures and Lead Edge Capital.

Think Through Learning

Series B in 2013
Think Through Learning's key product line, Think Through Math, is America's leading online math remediation software. There are almost 3,000,000 students in over 180,000 classrooms who are paid subscribers to Think Through Math. Think Through Math is a unique SaaS system integrating student motivation, instant on-demand interventions from state-certified US math teachers, and award winning adaptive math instruction that teaches students higher order thinking skills. Winner of the 2014 and 2012 CODiE for Best Math Instructional Solution, Think Through Math is proven to raise students understanding of math. Each student starts with an adaptive placement test that moves them right to the math they need to learn. Extensive guided feedback supports them. When they are stuck, a U.S., state-cerfiied, classroom experienced math teacher will pop up within 10 seconds to tutor them in real time. A January, 2015 independent research study commissioned by the Texas Education Agency (TEA) of 755,440 students who used Think Through Math showed that students using the system on a regular basis improved their math scores an average of 23%. The study is available of the TEA website. Numerous other studies have proven Think Through Math significantly improves students understanding of math.

Chirpify

Series A in 2013
Chirpify, Inc. operates a social media loyalty platform that provides solutions for marketers to enhance consumer engagement and brand loyalty. Founded in 2011 and based in Portland, Oregon, Chirpify enables brands to convert mobile and social media actions into rewards through various initiatives, including consumer engagement loyalty programs and marketing chat bots. The platform facilitates "in-stream" marketing by allowing users to purchase items directly through social media interactions, promoting a seamless transaction process. Additionally, Chirpify's tools support campaign activation, employee advocacy, event marketing, and customer insights, helping brands optimize their marketing strategies and improve customer lifetime value. Formerly known as Sell Simply LLC, the company rebranded to Chirpify in November 2011.

BiOWiSH Technologies

Venture Round in 2013
BiOWiSH develops and manufactures products that provide solutions for environmental management, agri-business, and consumer products. BiOWiSH Technologies provides industry-leading biotechnology solutions for the agriculture and environmental management industries. Their technology supercharges nutrient management performance. Their biologicals are specially formulated for extended stability and distinct functionality. BiOWiSH Technologies' stable microbial formulations perform consistently across a wide range of operating conditions while producing high concentrations of bioactive metabolites, which act as change agents in target applications such as agriculture, aquaculture, and water treatment. It was founded in 2007 and is headquartered in Cincinnati, Ohio.

Xpress Natural Gas

Venture Round in 2013
Xpress Natural Gas (XNG) provides unparalleled service and technical expertise to help businesses and institutions join the energy revolution by transitioning to compressed natural gas (CNG). They want to help your business grow with safe, domestic, energy that will reduce operational costs by 40% compared to traditional fuels like oil and propane. As pioneers of the “virtual pipeline,” they are constantly refining and innovating technological solutions for their network of compression stations and lightweight, high-capacity trailers. XNG will grow alongside your enterprise to make progress in the right way using the best practices available.

Knopp Biosciences

Series C in 2012
Knopp Biosciences is a drug discovery and development company that focuses on delivering breakthrough treatments in neurological disorders through innovation, experience, and partnership. The company targets diseases imposing high costs on the healthcare system, with patient populations clearly identifiable using validated biomarkers or genetic testing. The company's goal is to accelerate and advance treatment, change the course of diseases, and improve the lives of the patients and their families. Knopp Biosciences was founded in 2004 and is headquartered in Pittsburgh, Pennsylvania.

Think Through Learning

Series B in 2011
Think Through Learning's key product line, Think Through Math, is America's leading online math remediation software. There are almost 3,000,000 students in over 180,000 classrooms who are paid subscribers to Think Through Math. Think Through Math is a unique SaaS system integrating student motivation, instant on-demand interventions from state-certified US math teachers, and award winning adaptive math instruction that teaches students higher order thinking skills. Winner of the 2014 and 2012 CODiE for Best Math Instructional Solution, Think Through Math is proven to raise students understanding of math. Each student starts with an adaptive placement test that moves them right to the math they need to learn. Extensive guided feedback supports them. When they are stuck, a U.S., state-cerfiied, classroom experienced math teacher will pop up within 10 seconds to tutor them in real time. A January, 2015 independent research study commissioned by the Texas Education Agency (TEA) of 755,440 students who used Think Through Math showed that students using the system on a regular basis improved their math scores an average of 23%. The study is available of the TEA website. Numerous other studies have proven Think Through Math significantly improves students understanding of math.

Panopto

Venture Round in 2010
Panopto helps businesses and universities create searchable video libraries of their institutional knowledge. Since 2007, the company has been a pioneer in video capture software, video content management systems, and inside-video search technology. Today, Panopto’s video platform is the largest repository of expert learning videos in the world. Headquartered in Seattle with offices in Pittsburgh, London, Hong Kong, Beijing, and Sydney, Panopto has received industry recognition for its innovation, rapid growth, and company culture.

Knopp Biosciences

Series B in 2008
Knopp Biosciences is a drug discovery and development company that focuses on delivering breakthrough treatments in neurological disorders through innovation, experience, and partnership. The company targets diseases imposing high costs on the healthcare system, with patient populations clearly identifiable using validated biomarkers or genetic testing. The company's goal is to accelerate and advance treatment, change the course of diseases, and improve the lives of the patients and their families. Knopp Biosciences was founded in 2004 and is headquartered in Pittsburgh, Pennsylvania.

Knopp Biosciences

Series A in 2006
Knopp Biosciences is a drug discovery and development company that focuses on delivering breakthrough treatments in neurological disorders through innovation, experience, and partnership. The company targets diseases imposing high costs on the healthcare system, with patient populations clearly identifiable using validated biomarkers or genetic testing. The company's goal is to accelerate and advance treatment, change the course of diseases, and improve the lives of the patients and their families. Knopp Biosciences was founded in 2004 and is headquartered in Pittsburgh, Pennsylvania.

ReefEdge

Venture Round in 2003
ReefEdge, Inc. is a provider of wireless local area network systems for multi-site enterprises to deploy, manage, and secure wireless networks. ReefEdge Inc. develops technologies for in-building wireless networks. Founded in Spring 2000, ReefEdge products allow the emerging generation of mobile devices to become full participants in the corporate networking environment. ReefEdge provides secure, reliable, managed connectivity for mobile devices equipped with short-range wireless capabilities such as Bluetooth and makes possible the deployment of new kinds of "smart" mobile applications that deliver personalized, location-aware and collaborative services. The company boasts a seasoned executive team with years of experience delivering products and solutions to enterprise customers, with former executives from IBM, AT&T, Telcordia and Prodigy.

BodyMedia

Series C in 2003
BodyMedia pioneered the development of wearable body monitors that collect physiological data for use in improving health, wellness and fitness. Founded in 1999, the company today provides a variety of around-the-clock on-body monitors utilizing proprietary technology that has been clinically validated for accuracy. Data captured by BodyMedia devices is used by consumers as well as health and wellness professionals to guide behavioral changes to control weight and promote an active lifestyle – two factors that are routinely cited as keys to combat and manage serious medical conditions. BodyMedia has amassed one of the largest databases of information about the human body, and the technology has been used in more than 100 clinical research studies covering health issues such as obesity, COPD, diabetes, cystic fibrosis, cancer, bariatrics, sleep and intensive care. BodyMedia is privately held and based in Pittsburgh, PA. For more information, visit www.bodymedia.com.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.