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NY Fund Plans to Pioneer AI-Assisted Mini Venture Capital for Small Businesses, Targets $1B in Multi-Series Fund Launch

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Launching this year, Vector Capital’s Mini VC aims to mobilize $1B for 100,000 mom-and-pops, revolutionizing funding with a historic first.

NEW YORK, Oct. 1, 2024 /PRNewswire/ — Vector Capital Solutions, a leader in AI-powered financial solutions, announces its upcoming Mini Venture Capital Program, an innovative funding model designed to tackle the systemic inefficiencies in capital markets and provide sustainable growth opportunities for small businesses. The program introduces equity funding with initial investments starting at $10,000, specifically targeting small businesses historically left out of venture capital opportunities. The firm also plans to raise $1 billion in multiple private equity funds, with the first round beginning in October 2024 and a target completion date by June 30, 2025.

The 400-Year-Old Problem: Capital Market Inefficiencies

“Traditional capital markets, while over 400 years old, have largely remained stagnant,” says Levy Alexandre, CEO of Vector Capital Solutions. “The only significant reform, which was reactionary, came in 1930, following the Great Depression. Since then, the system has operated with inefficiencies that continue to disenfranchise the little guy—small businesses and micro entrepreneurs. While large corporations may still feel some impact at the macro level, it’s Main Street that shoulders the brunt of these inefficiencies, left to pick up the tab while being excluded from meaningful access to capital.”

Many small businesses struggle with cash flow, compounded by capital markets that operate in silos and favor large players. “The problem isn’t just about access to capital; it’s also about how capital is managed,” adds Levy Alexandre. “Main Street businesses tend to treat cash as an asset rather than a tool to manage underlying value of other assets. This creates short-term decisions and leaves them exposed to unsustainable financial models.”

The Solution: Mini Venture Capital Program

The Mini Venture Capital Program is a revolutionary model that addresses these systemic issues. With a focus on providing equity investments starting much lower than current industry standards, the program aims to offer a low entry barrier for small businesses that otherwise struggle to gain access to traditional venture capital. The firm’s AI-powered platform will allow businesses to better manage their cash flow, make data-driven decisions, and position themselves for long-term growth.

Key innovations of the program include:

Low Entry Barrier: With initial capital requirements starting at $10,000, the program offers a new path to funding for businesses traditionally overlooked by large VC firms.

AI-Assisted Management: Entrepreneurs will have access to a platform powered by AI, which provides real-time insights on cash flow management, operations, and strategic planning.

Industry-Agnostic Approach: The Mini VC program evaluates businesses not just on their current financial standing but on their growth potential, no matter the industry.

Long-Term Focus: Unlike traditional VCs that often prioritize quick exits, Vector Capital Solutions is focused on sustainable, long-term growth, ensuring businesses can thrive over time.

Self-Sustaining Fund Cycle

A key innovation of the Mini VC model is its cyclical funding process. The firm plans to create a self-sustaining fund, where early investors can exit as new investors enter, allowing the business to evolve organically. “Our funds will be cyclical and self-generating, ensuring that the capital flow remains constant and the project continues through various phases of growth,” says Levy Alexandre.

A Comprehensive Ecosystem for Success

In addition to the novel Mini VC program, Vector Capital Solutions plans to integrate educational and operational support through its sister companies. Noikademy will offer ongoing business education, while Sir Levy Consulting will provide comprehensive management and strategic support. This approach ensures businesses not only receive the funding they need but are equipped with the tools and expertise to grow sustainably.

“Our system is about more than just funding,” explains Levy Alexandre. “It’s about empowering businesses to thrive in a constantly evolving financial landscape.”

A Glimpse into the Future

As part of its broader strategy, the firm will launch VectorCaps in November 2024. This AI-assisted Business Capital placement app will allow business owners to receive instant funding decisions and connect to a lending marketplace from their mobile devices. Additionally, Vector Capital Solutions plans to consolidate its six entities under a single holding company by mid-2025 to streamline operations and maximize synergies.

About Vector Capital Solutions

Vector Capital Solutions LLC is a New York-based private equity firm that intends to leverage AI and decades of financial expertise to create revolutionary capital solutions for small and mid-sized businesses. The firm’s mission is to provide long-term sustainability through innovative financial models and comprehensive support systems.

DISCLAIMERS:

Securities offerings are reserved for consideration by Accredited Investors only.

All forward-looking statements should be considered as speculation. Readers are advised to consult a qualified advisor for any consideration.

Media Contact

Vector Capital Solutions LLC

pr@vectorcaps.com

http://www.vectorcaps.com

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SOURCE Vector Capital Solutions LLC

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Maropost breaks records in G2 Fall 2024 Reports

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October 1, 2024

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Maropost earns 17 badges across 70 G2 reports, including nine new accolades and eight for mid-market excellence

TORONTO, Oct. 1, 2024 /CNW/ – Building on its G2 Summer Reports success, Maropost Marketing Cloud shattered records in G2’s Fall 2024 Reports, securing an unprecedented 17 badges across 70 categories. G2, the world’s largest software marketplace, awards badges on genuine customer reviews and user feedback.

Maropost’s Fall accolades include nine new badges plus eight more specifically for mid-market excellence, solidifying Marketing Cloud’s position as a leader in marketing automation and ecommerce solutions for fast-growing businesses. Notably, Maropost earned recognition for “Ease of Doing Business With” in both Mid-Market and SMB categories, underlining its commitment to user-friendly solutions across business sizes.

Recognized by G2 as a “High Performer in Email Marketing,” Marketing Cloud helps rapidly scaling brands take control of their email, SMS, and social media programs. Powered by AI, it allows marketers to effortlessly build and segment audiences, customize customer journeys, personalize communications, and automate delivery across multiple channels.

Glowing G2 reviews reinforce why Maropost earned a Fall Reports “Users Love Us” distinction. Customers praise Marketing Cloud’s ability to “precisely target our clients’ audiences, ensuring messages reach the right people at the right time.” Others claim “deliverability is epic” and “support goes above and beyond to help you.”

Ross Andrew Paquette, Founder and CEO of Maropost, commented on Marketing Cloud’s achievements. “Our latest G2 badges represent the voice of our customers. We built Marketing Cloud to help businesses like theirs connect with customers, scale effortlessly, and accelerate growth. Seeing our actual users rank us so highly across multiple categories proves we’re more than delivering on that promise and validates our mission to deliver a truly unified platform that seamlessly connects all aspects of commerce and marketing.”

To learn more about how Maropost can help you deliver personalized, automated marketing experiences at scale, book a demo today.

About Maropost 

Only Maropost unites the commerce and marketing tools and insights growing brands need to engage customers and scale their business. Built on unified customer data and an enterprise-grade infrastructure, Maropost offers a complete, connected suite of marketing, merchandising and search, customer service, ecommerce, and retail solutions.   

Since its founding in 2011, Maropost has made multiple appearances on Deloitte’s Technology Fast 500 list and G2’s leaderboard. A global company, Maropost proudly serves 5,000+ leading commerce brands across North America, Australia, and Europe, including Victoria Beckham, Sandro Paris, Untuckit, Scott Sports, James Perse, and Fujifilm. Learn more at maropost.com.  

View original content:https://www.prnewswire.com/news-releases/maropost-breaks-records-in-g2-fall-2024-reports-302264447.html

SOURCE Maropost Inc.

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Xojo 2024 Release 3 Adds the Power of Preemptive Threads, Android Tablet Support

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October 1, 2024

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AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ — Xojo, Inc., the developers behind Xojo—a powerful cross-platform development tool and programming language—proudly announce the immediate availability of Xojo 2024 Release 3. This release adds preemptive threading, a highly anticipated feature that offers significant performance improvements, Web improvements and support for Android tablets.

With over 200 new features and improvements, this new release not only offers the power of preemptive threads to Xojo users, it also includes Code Editor improvements, multiple Web updates and new Android features, including tablet support. Kem Tekinay, RegEx enthusiast and Xojo MVP, commented, “Xojo has introduced preemptive threads, and it’s a game-changer. With trademark simplicity that belies its power, this new feature will let users go in new directions for faster and more responsive apps by building on an already familiar foundation.”

New Features and Updates:
Preemptive Threading
Code Editor improvements: Row highlighting, command bar button for Standardize Format, and Syntax Help area size control
Web now uses Bootstrap v5.3.3 and Bootstrap Icons v1.11.3
Web supports adding CSS classes to controls
macOS Popovers can be resized
Windows HTMLViewer can now access camera and microphone
iOS Picture can access EXIF metadata
Android tablet support
Android improved Declare support
Android RegEx classes

Availability
Xojo is a cross-platform development tool for building native applications for macOS, Windows, Linux, iOS, Android, the web, and Raspberry Pi. Xojo is free to use for learning and development. A license is required to build most applications; building Linux Desktop and Console apps and Raspberry Pi apps is included in the Xojo IDE. Pricing begins at $99 for a single desktop platform. Building cross-platform desktop, mobile, or web applications is $399. Xojo Pro and Pro Plus packages are available from $799 and up, offering increased support and resources for professional developers. Xojo offers special packages for educators and students. For information on pricing and licensing options, please visit https://www.xojo.com/store.

About Xojo
With a passion for innovation and a commitment to empowering developers worldwide, Xojo revolutionizes the software development landscape by offering a native, cross-platform development environment. Since its inception more than 25 years ago, Xojo has fostered a vibrant community of developers united by their shared love for technology and the limitless possibilities it brings. For more information, visit Xojo at https://www.xojo.com.

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SOURCE Xojo, Inc.

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MIT Technology Review Recognizes Gogoro as a Top 15 Climate Tech Company to Watch for 2nd Consecutive Year

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October 1, 2024

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MIT Technology Review’s ’15 Climate Tech Companies to Watch’ annual list recognizes companies that are developing innovative new technologies or scaling existing ones to address climate change.

CAMBRIDGE, Mass., Oct. 1, 2024 /PRNewswire/ — Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today was recognized by MIT Technology Review as a ’15 Climate Tech Companies to Watch’ for the second consecutive year. The announcement was made at the EmTech MIT Conference held at the MIT Media Lab in Cambridge, Massachusetts.

MIT Technology Review’s annual list recognizes companies that are developing innovative new technologies or scaling existing ones to address climate change. To access the 2024 ’15 Climate Tech Companies to Watch’ list, visit technologyreview.com.

“Gogoro stood out for successfully deploying electric scooters and battery swapping across Taiwan and is expanding elsewhere,” said Amy Nordrum, Executive Editor, Operations, MIT Technology Review. “But also—its battery swap stations are good for the grid, because they serve as a backup power source for the Taiwan power grid.That’s why we’re featuring them for the second year running.”

“Gogoro battery swapping is transforming urban two-wheel transportation, making it smarter, more sustainable, and accessible for everyone. With over 630 million battery swaps completed, we have successfully saved more than one million tons of CO2,” said Henry Chiang, CEO of Gogoro. “We are grateful to MIT Technology Review for including us in their prestigious list for the second consecutive year. We believe that innovation is key to tackling the most pressing climate challenges of our time.”

About MIT Technology Review
Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a world-renowned, independent media company whose insight, analysis, reviews, interviews and live events explain the newest technologies and their commercial, social and political impacts. MIT Technology Review derives authority from its relationship to the world’s foremost technology institution and from its editors’ deep technical knowledge, capacity to see technologies in their broadest context, and unequaled access to leading innovators and researchers.

About Gogoro
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Gogoro has recently been recognized with a variety of global awards including Frost & Sullivan’s ‘2024 Global Company of the Year for battery swapping for electric two-wheel vehicles’ award; and, MIT Technology Review’s 2023 and 2024 ’15 Climate Tech Companies to Watch’. Gogoro’s battery swapping and vehicle platforms offer a smart, proven, and sustainable long-term ecosystem for delivering a new approach to urban mobility. Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery charging and availability. The challenge is massive, but the opportunity to disrupt the status quo, establish new standards, and achieve new levels of sustainable transportation growth in densely populated cities is even greater. Gogoro is operational in Taiwan, Philippines, Mainland China, India, Japan, Indonesia, Korea, Israel, Singapore, Colombia and Nepal. For more information, visit www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mit-technology-review-recognizes-gogoro-as-a-top-15-climate-tech-company-to-watch-for-2nd-consecutive-year-302264428.html

SOURCE Gogoro Inc

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