HUI Srls – the developer of a unique SaaS aimed at the startup ecosystem – and 1840 & Company – the leading US Midwest venture studio taking companies from seed to IPO – today announced a strategic partnership aimed at increasing deal flow and maximizing transparency and informational symmetry in the secondary market.
The alignment of vision between 1840 and HUI, centered around transparency and efficiency, converged in the adoption of HUI as the main platform for 1840 & Company’s new venture studio. Bringing under the same roof a comprehensive ERP for founders, Investor portfolio management tools, crowdfunding capabilities and a social coworking environment, HUI allows for full transparency on all of the companies within 1840’s venture studio and those who 1840 assists in capital raises. This is delivered via a set of live, automated of KPIs, giving investors for the first time a clear snapshot of a company’s actual operating profile, strengths and weaknesses.
To date +750 Islanders and +120 Islands make up the HUI archipelagos, where startups are seen as “islands” populated by founders. Archipelago is a specifical ecosystey where the islanders can freely interact and “contaminate” each-other’s islands with ideas, know-how, resources.
What does it mean for the market?
Founders get virtual co-working environments with a set of tools to manage all of their business functions, coupled with 1840’s vast managed global marketplace of professionals and business process outsourcing solutions across areas such as back office, sales, marketing, customer service, finance and product development. This allows companies to scale much more quickly, with 1840 and Company’s curated set of plug and play resources that keeps companies’ overheads lean and dynamic.
1840 will also syndicate deals, taking entrepreneurs from seed to series A and doing so much more quickly thanks to HUI’s tools and individual experience of its CEO. As founders work on the 1840’s platform, their actions, sales pipeline, project Gantt chart, etc. are tracked to generate a clear set of KPIs that give investors full transparency of the companies, helping them evaluate and make decisions fast and effectively.
Founders will be able to launch crowdfunding campaigns as well, accessing 1840’s curated network of influencer-centric investors.
“We are delighted to share the same ideals and long-term vision with 1840 and even more excited to see this translating into a winning business partnership” says Luigi Valerio Rinaldi, CEO of HUI.
“We are committed to bringing transparency, efficiency and structure to startup ecosystems worldwide. HUI to match capital with concepts in a way that was impossible before and we are thrilled to now be able to do so in the US thanks to 1840.”
”1840 & Company is excited to partner with HUI to incorporate its structured processes and transparency into our venture studio. HUI’s platform combined with 1840’s range of vetted resources will enable our venture studio to outperform; delivering higher future valuations for our entrepreneurs and investors“ says Bryan DiGiorgio, CEO of 1840 & Company.
The HUI development team is now at work to deliver 1840’s archipelago, a virtual ecosystem where companies in the 1840’s portfolio will be able to coexist, cooperate and scale.
For more information about 1840’s archipelago contact Bryan DiGiorgio, CEO 1840 & Company. bryan@1840andco.com, www.1840andco.com
If you’re an incubator/accelerator, VC/company builder, family office, angel syndicate and you want to manage more effectively, efficiently and transparently your portfolio companies throughout their lifecycle, just get in touch!
Contact: Gabriele Dado’, HUI Worldwide Business Development gabriele.dado@hui.land, www.hui.land
