Steelpoint Capital Partners

Valence Capital Management is a private equity firm founded in 2003, based in Orlando, Florida. The firm focuses on investing in companies across various sectors, including healthcare, consumer products, media and marketing services, IT and communications, and business services. Valence Capital typically looks for innovative companies with strong growth potential and a clear path to profitability, preferring to invest between $5 million and $30 million in middle-market firms that have at least $5 million in revenue. The firm aims to take a lead investor role, leveraging its extensive capital and human resources to support portfolio companies through strategic guidance, talent recruitment, and business development. With a team that collectively possesses over a century of experience in investing and entrepreneurial operations, Valence Capital is committed to helping its investments achieve market dominance by providing access to critical resources and networks.

James Sullivan

Managing Director

18 past transactions

ATM.com

Series A in 2021
ATM.com operates as an embedded finance platform that focuses on making micro-investing accessible to a broader audience. The platform facilitates the opening of investment accounts through its unique functionality, which includes features like Robo-Bumpers™ provided by Ant Money Advisors, LLC. By participating in rewards programs, users can generate micro-income that aids in saving and investing in the stock market. This approach empowers individuals to build their investments incrementally, promoting financial growth and literacy in a user-friendly manner.

Modern Pop

Venture Round in 2018
Modern Pop, Inc., established in 2016 and located in Dana Point, California, specializes in the production of frozen fruit bars. The company was founded by Julie and Brad Podolec, who sought a healthier alternative to existing frozen fruit bar options that often contained excessive sugar and artificial ingredients. Modern Pop focuses on creating plant-based popsicles that are vegan-friendly, non-dairy, and non-GMO. Their products are made with whole fruit, minimal ingredients, and low sugar, ensuring a healthier dessert option for consumers. By prioritizing quality and simplicity, Modern Pop aims to provide a nutritious and enjoyable treat that caters to health-conscious individuals and families.

SKLZ

Venture Round in 2013
SKLZ is a company that specializes in athletic training gear and performance products. Their extensive range of offerings includes mini bands, speed chutes, training balls, massage tools, training kits, goals, nets, cones, rebounders, and batting tees, among others. By focusing on skill development and performance enhancement, SKLZ aims to support athletes at all levels in improving their capabilities and achieving their fitness goals.

Acorns

Series A in 2013
Acorns is a finance company that allows individuals to round up purchases and automatically invest the change. It allows customers to automatically invest in a low-cost, diversified portfolio of exchange-traded funds offered by some asset managers including Vanguard and BlackRock. Acorns was founded in 2012 and is headquartered in Irvine, California.

BrightScope

Series B in 2009
BrightScope Inc. is a financial information and technology company based in San Diego, California, founded in 2007. It specializes in providing independent financial information, investment research, and analysis solutions, focusing primarily on retirement plans and wealth management. BrightScope is recognized as a leading provider of retirement plan ratings and investment analytics, offering a comprehensive database that helps participants, plan sponsors, asset managers, and financial advisors make informed decisions. The company quantifies and rates 401k and 403b plans based on over 200 data inputs, producing a single numerical score to evaluate plan quality. In addition, it publishes fund distribution rankings to enhance visibility for asset managers. BrightScope also operates BrightScope Advisor Pages, a public directory that enables consumers to research financial advisors based on performance, experience, and fees. Serving a diverse clientele that includes Fortune 1000 companies and individual investors, BrightScope aims to bring transparency and improve decision-making in the financial services industry. As of November 2016, it operates as a subsidiary of Asset International Inc.

Hookit

Seed Round in 2009
Hookit is a sponsorship analytics and valuation platform for sports. It helps brands maximize their sponsorship investments while empowering athletes, teams, leagues, and federations to prove and increase their value to sponsors. Hookit developed the first, most trusted standard in the global marketplace that effectively measures $5B per month of previously unknown sponsorship value that brands receive from athletes, teams, leagues, venues, and events in social and digital media. Now actively tracking nearly 500,000 sports entities across the largest social and digital media platforms, Hookit has become a must-have tool for digitally-focused, forward-thinking companies like Major League Soccer, Soccer United Marketing, Canadian Olympic Team, Monster Energy, GoPro, McLaren Honda F1, Kantar Media, Liverpool FC, PGA European Tour, and World Surf League, who use Hookit’s platform to drive increased ROI on their sponsorships. Hookit was founded in 2001 and is headquartered in San Diego, California.

Lively

Series C in 2008
Lively, a subsidiary of Best Buy, specializes in mobile health and safety solutions tailored for older adults and their caregivers. The company provides a range of products designed to enhance independence and safety for aging consumers, including personal emergency response systems, medical alert devices, and user-friendly mobile phones. Its offerings encompass health and safety applications such as Urgent Care, which provides medical resources, and MedCoach, focused on medication management. Lively also features wearable devices and home monitoring solutions, expanding its portfolio through the acquisition of Healthsense to enhance passive remote monitoring services. With a commitment to accessible technology, Lively serves over 900,000 subscribers across the United States, ensuring they have direct access to trained agents for emergency assistance and additional support.

Atempo

Series B in 2007
Atempo, founded in 1992 and headquartered in Les Ulis, France, specializes in data management solutions that help businesses secure, preserve, and transfer critical data. The company offers a comprehensive suite of products, including its renowned data backup and disaster recovery solutions, which are designed for various business sizes, from midsized companies to large enterprises managing petabyte-scale data. Atempo's innovative platforms, such as Time Navigator, Live Navigator, and Miria, are tailored for backup, archiving, and migration tasks, particularly in complex and distributed environments. With operations across Europe, the Americas, and Asia, Atempo supports a global network of over 100 resellers, partners, and managed service providers, enabling it to effectively meet the diverse data protection needs of its clients.

Lively

Series A in 2007
Lively, a subsidiary of Best Buy, specializes in mobile health and safety solutions tailored for older adults and their caregivers. The company provides a range of products designed to enhance independence and safety for aging consumers, including personal emergency response systems, medical alert devices, and user-friendly mobile phones. Its offerings encompass health and safety applications such as Urgent Care, which provides medical resources, and MedCoach, focused on medication management. Lively also features wearable devices and home monitoring solutions, expanding its portfolio through the acquisition of Healthsense to enhance passive remote monitoring services. With a commitment to accessible technology, Lively serves over 900,000 subscribers across the United States, ensuring they have direct access to trained agents for emergency assistance and additional support.
Lightbox (formerly Adspace) is a leading digital out-of-home video network in the U.S., reaching 80+ million consumers monthly across premier shopping and lifestyle destinations. The premium video network offers national reach with hyperlocal execution via 5,000 can’t miss, audio-enabled screens, delivering 100% viewable, brand-safe and fraud-free impressions to consumers in decision-making moments.

PacStar Communications

Series D in 2007
PacStar Communications, based in Portland, Oregon, specializes in advanced communications solutions tailored for military, government, and commercial applications. The company designs and produces a range of rugged, small form factor communications systems that include voice, data, and video capabilities. Its flagship offerings comprise the PacStar 4000-series for transportable communication, the lightweight PacStar 3000-series tactical radio kits, and customized PacStar 2000-series equipment for both standalone and networked field communications. Additionally, PacStar develops the IQ-Core software, which simplifies the management of these systems and enhances their security and reliability. The company also provides a Modular Data Center for hosting cloud and analytics applications, along with various support services such as design, logistics, installation, and training. Founded in 2000, PacStar serves a diverse clientele, including commercial IT customers and large institutions, with a focus on mission-critical communications, especially in remote or infrastructure-limited environments. As of November 2020, it operates as a subsidiary of Curtiss-Wright Corporation.

Bag Borrow or Steal

Series A in 2007
Bag Borrow or Steal, Inc. is an online boutique specializing in the borrowing, collecting, and sharing of luxury accessories for both men and women. Founded in 2004 and based in Seattle, Washington, the company offers a diverse selection of pre-owned designer handbags, luggage, shoes, jewelry, watches, and sunglasses. In addition to its rental services, Bag Borrow or Steal provides customers with the opportunity to sell their handbags and access cleaning, repair, and refurbishment services. Originally known as Avelle Inc., the company rebranded in July 2011 to better reflect its focus on luxury fashion accessories. Bag Borrow or Steal aims to create a convenient online shopping experience while keeping customers informed about the latest fashion trends.

X-1

Series C in 2007
Music can improve your mood, increase endurance, and bestow vital motivation. Would Rocky have been able to beat Clubber Lang (a.k.a. Mr.T) without "eye of the tiger" playing in his training montage. We here at H2O Audio think not. They also believe that the inspirational and spiritual power of music should not be reserved only for the Rocky Balboas and other land loving athletes of the world. As surfers, wakeboarders, paddlers, and swimmers we encourage H2O Audio users to experience their music in any element. Like many other inventive business endeavors the seed of H2O Audio was planted in graduate school, i.e. FedEx. The first brain child of the founding fathers was a waterproof CD case fashioned with a pair of crudely engineered waterproof headphones. At the time people couldn't fathom, pun intended, the need for an underwater music player. Fortunately for swimmers, surfers, wakeboarders, paddlers, and water enthusiasts everywhere they were not deterred. In 2002 a plan was set forth to design an mp3 housing that would allow users to take their music anywhere and everywhere. The result was a waterproof housing for the iRiver mp3 player that can operate at depths of up to 200ft (DV Series.) In 2005 the H2O Audio family evolved to accommodate the leader in personal mp3 players, Apples iPod. As Apple continues to alter the handheld music player universe and the demand for waterproof protection increases H2O Audio will continue to offer the best waterproof iPod cases and waterproof accessories in the industry. Lap swimmers will suffer in silence no more, triathletes will conquer land and sea without missing a beat, and rock and roll will no longer be just an obstacle and a survival maneuver for kayakers. Waterproof your playlist and experience music in any element.

Promptu

Venture Round in 2007
Promptu Systems Corporation specializes in voice recognition and natural language processing applications, offering a global speech user interface designed for converting spoken language into text. The company operates a fully automated Network Speech Recognition platform that ensures privacy, security, scalability, and speed. Its applications, which support 40 languages and dialects, can be tailored for regional accents and allow real-time review and editing of transcribed text. Promptu serves various industries, including automotive and smart television manufacturers, facilitating enhanced user experiences through its advanced voice user interface solutions. Headquartered in Menlo Park, California, with an additional office in Australia, Promptu was originally known as AgileTV Corporation before rebranding in 2006. The company was founded in 2000 and has significant backing from various investment firms.

Workshare

Series B in 2007
Workshare is a provider of secure enterprise file sharing and collaboration applications, offering an innovative platform that enables professionals to compare, protect, and share high-stakes documents across various devices. The platform allows content owners to accurately track and compare amendments made by contributors, facilitating secure collaboration and effective control over document changes. Headquartered in London, Workshare also has offices in the United States and Australia, serving over two million professionals in 70 countries.

Promptu

Series C in 2006
Promptu Systems Corporation specializes in voice recognition and natural language processing applications, offering a global speech user interface designed for converting spoken language into text. The company operates a fully automated Network Speech Recognition platform that ensures privacy, security, scalability, and speed. Its applications, which support 40 languages and dialects, can be tailored for regional accents and allow real-time review and editing of transcribed text. Promptu serves various industries, including automotive and smart television manufacturers, facilitating enhanced user experiences through its advanced voice user interface solutions. Headquartered in Menlo Park, California, with an additional office in Australia, Promptu was originally known as AgileTV Corporation before rebranding in 2006. The company was founded in 2000 and has significant backing from various investment firms.

Boingo Wireless

Series C in 2006
Boingo Wireless, Inc. is a leading provider of Wi-Fi software and services that offers convenient and cost-effective mobile internet access through a vast network of over 325,000 hotspots worldwide. Users can connect via a single account at various locations, including major airports, hotel chains, cafes, restaurants, and convention centers. In addition to its extensive public access offerings, Boingo, through its subsidiary Concourse Communications Group, manages wired and wireless networks at large venues such as airports, sporting arenas, malls, and quick-service restaurants. The company is dedicated to enhancing the mobile internet experience for users across diverse environments.

Imaginova

Series C in 2006
Imaginova Corp. is a digital media and commerce company that specializes in science, technology, and space-related content. Founded in 1999 and headquartered in New York City, with additional offices in California, Virginia, Toronto, and Paris, Imaginova operates a network of websites, including notable brands such as Livescience.com and Space.com, attracting over 10 million unique visitors each month. The company produces award-winning content that is both informative and engaging, catering to an intellectually curious audience. In addition to its digital media offerings, Imaginova retails consumer products, including telescopes and binoculars, through its commerce division, which operates primarily via its website, Orion.com. The company's integrated approach combines multimedia content with e-commerce, allowing it to effectively engage consumers in the fields of science and technology.
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