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Why Crossbeam Ventures is interested in GovTech and Rossby Financial Partners with Seeds
The Social Leverage Letter | Issue #157
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PunchUp (Fund IV), a digital entertainment platform for live comedy, has surpassed 300,000 monthly active users, marking a major growth milestone. The company, co-founded by Danny Frenkel, is also finalizing its next fundraising round while continuing to feature top comedians like Mark Normand, enhancing its reputation as a leading destination for comedic content.
Crossbeam Ventures (SLAF) is actively investing in GovTech and government-adjacent startups, despite many VCs avoiding this space due to its slow sales cycles and bureaucratic hurdles. The firm is excited by strategies like embracing government-specific distribution channels, leveraging government incentives, creating products with both government and commercial applications, and riding the waves of publicly announced government initiatives.
Rossby Financial has partnered with Seeds Investor (Fund IV) to provide advisors with a personalized portfolio management platform that streamlines investment operations. This collaboration allows Rossby-affiliated advisors to leverage Seeds' technology to enhance client experiences, reduce operational complexity, and focus on delivering client-centric investment solutions. The partnership aims to modernize wealth management by integrating innovative tools that align with both firms' commitment to improving advisor practices and client engagement.
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