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leAD Sports & Health Tech Partners Rebrands as LEAD; Expands Family of Funds and Introduces Strategic Advisory Arm

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Since its founding in 2017, LEAD has grown from a Berlin-based accelerator program into a premier global venture corporation with $155M in assets 

BERLIN and LAKE NONA, Fla., Aug. 22, 2024 /PRNewswire/ — LEAD, formerly known as leAD Sports & Health Tech Partners, today announced its new name and its expanded company structure, consisting of an institutional asset manager building a global family of funds and an advisory division working with organizations on their strategic innovation and investment initiatives.

This new positioning reflects LEAD’s growth and foothold in the marketplace, and reinforces its mission to enhance lives through sports and health technology. What began as an accelerator program founded in 2017 has now scaled into a premier global venture corporation with 70+ portfolio companies and $155 million in assets under management.

LEAD focuses on two pillars: investment and advisory, which are amplified by its global collective of renowned innovators, investors, athletes, and industry partners, among others.

“When we launched LEAD seven years ago, we were the first to not only see the investment potential in sports, but also recognize the continued convergence of sports and health. We were able to capitalize on these new opportunities, building a deep portfolio of the most innovative technologies that are defining the future of sports and health, and bringing more and more experts and innovators into the fold to create an incredibly powerful global network,” said Christoph Sonnen, co-founder of LEAD. “Our rebrand to LEAD better represents our vision, mission and desire to support entrepreneurs and organizations making an impact while building a world-class venture capital and advisory business at the forefront of sports and health technology.”

The company has expanded its family of funds to best serve founders and organizations operating at all stages across sports and health. LEAD invests globally and stage-agnostically through four investment vehicles:

LEAD ONE: As an evolution from our original accelerator program investment vehicle, LEAD ONE is a direct investment vehicle backing global pre-seed companies in sports and health technology; with financial backing and access to strategic venture partner organizations, including professional sports teams, player associations, sports federations, lifestyle brands, performance facilities, and health systems, including FC Cincinnati, Spartan Race and Exos, among others.Lake Nona Fund: A fund for seed-stage companies that have displayed product market fit and a management team capable of delivering scale.ADvantage: Launched in partnership with OurCrowd in 2018, this $50M fund is built to invest in Series A stage companies that display verified business metrics and are helmed by industry-leading operators.Locker Room: An invite-only fund for top-tier professional athletes and business leaders to invest in highly selective opportunities.

With its deep knowledge of the sports and health tech landscape and trends, access to dealflow and network of vetted startups, LEAD’s newly formalized strategic advisory practice serves as a consulting arm to organizations looking to develop and nurture their own innovation programs. What began as a one-time service for companies like adidas and the Orlando Magic, has since developed into a key offering of the business. In addition, LEAD acquired a majority stake in WhiteRock, a boutique advisory firm, to expand its portfolio of services by including M&A and sports business consulting. In totality, LEAD’s strategic advisory services include:

Advisory (powered by White Rock, a LEAD company): Expert guidance for end-to-end M&A advisory services and sports business consultingInnovation Intelligence: Unparalleled market intelligence and trend reporting, as well as tailored sourcing of product and technology solutionsVC as a Service: Full VC process management, including inbound deal flow vetting and analysis, corporate venture arm services and support in building internal venture capabilities.Equity Endorsements: Advise on investment participation opportunities and engagement models, including negotiation and management of equity-based endorsements for brands, athletes, and agents.

“LEAD has been a great innovation partner for the Orlando Magic and our affiliates. LEAD provides access to impressive, high-potential startups and their team helps keep a pulse on the most innovative trends and cutting-edge technology in the sports, health, and wellness space,” said Jay Riola, Chief Strategy & Innovation Officer at Orlando Magic.

Key to LEAD’s strength is its vast strategic network of notable investors, partners, advisors and athletes – including Harry Kane, Justin Rose, the Orlando Magic, and many more – who are deeply committed to offering their time, insights and support to LEAD’s portfolio companies. These relationships empower its portfolio to unlock incredibly valuable testing opportunities with its target audiences, real-time market insights, and the ability to test, learn, iterate and scale products and services.

About LEAD:
LEAD is a global venture corporation dedicated to enhancing lives through sports and health tech. Our family of funds delivers for entrepreneurs at every stage with capital, expertise, and strategic connections. Our advisory division helps corporations, consulting firms, sports properties, healthcare organizations and others bring their most innovative initiatives to life. While we work across different venture stages, industries, and areas of the world, on ideas for sports fans, athletes, and health-conscious consumers, everything we do has one thing in common: we aim to enhance lives, one idea at a time. Visit www.lead.vc for more.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lead-sports–health-tech-partners-rebrands-as-lead-expands-family-of-funds-and-introduces-strategic-advisory-arm-302228602.html

SOURCE LEAD

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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