Hearst Financial Venture Fund is a New York-based company that works with Fitch Group to make investments. The fund generally invests in start-ups that utilize artificial intelligence and machine learning. Its stated goal is to create a network of companies that can build upon one another.Hearst Financial Venture Fund has made three investments in Series A and Series B funding rounds since its founding. The investments were in the industries of business-to-business software, investment software, and financial software.
Timeline
Funded Companies
A company offering a platform for data and risk analytics for alternative lenders.
TruValue Labs' products provide advanced analytics to create usable and real-time sustainability metrics for better investment decisions.
People
Shea Wallon
Senior Vice President and Managing Director
Steven R. Swartz
President and CEO
Further reading
Financial Venture Fund Provides a New Home for Innovative, Early-Stage Companies at Hearst - Financial Venture Fund Provides a New Home for Innovative, Early-Stage Companies at Hearst | Hearst
Carleigh Stiehm
Web
March 16, 2018