Assure acquires startup accelerator BoomStartup to provide comprehensive platform for private investment market
Summary
Assure, a provider of fund administration and transaction services for the private investment marketplace, announced today that it has acquired mentorship-driven seed accelerator BoomStartup to offer a comprehensive platform to founders, companies, investors and deal organizers with a full suite of solutions and services applicable throughout the entire venture life cycle from idea to exit. Founded in 2010 by John Richards, Jon Bradshaw, and Robb Kunz, BoomStartup is an Utah-based mentorship-driven seed Accelerator focusing its efforts on providing money, mentors, and markets for its energetic tech entrepreneur participants. The primary rationale for the launch of Assure Technology and acquiring BoomStartup is to broaden Assure’s reach and position the company to deliver better solutions to customers. “With a dedicated business unit focused on technology, we will be able to provide a broader, higher quality product line and will be able to develop and go to market faster,” said Jeremy Neilson, co-CEO of Assure. Assure Technology will focus on the continued development of Assure’s tech-driven private markets platform and its flagship product, Glassboard, with the dual mandate of driving operational efficiencies internally and delivering a SaaS solution to every customer across the industry.