EMAIL DETAILS
SUBJECT:
RE: Striiv overview
PRI: NORMAL
FROM:
N
ncallahan@rosemontseneca.com
DATE:
2013-02-27 17:53:10
MSG_ID:
<085e01ce1513$543dc7e0$fcb957a0$@rosemontseneca.com>
RECIPIENTS:
TO:
D
'Devon Archer'
<darcher@rosemontseneca.com>
E
'Eric Schwerin'
<eschwerin@rosemontseneca.com>
H
'Hunter Biden'
<hbiden@rosemontseneca.com>
J
'John DeLoche'
<jdeloche@rosemontseneca.com>
R
'Rob Walker'
<rwalker@rosemontseneca.com>
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PROCESSED
I like it. I know this space well. These types of companies trade like a media company/content company, not a technology multiple - it's an Alloy vs an Airvana. This would be the time to get in and then help them get a few customers (i.e., CareFirst) and then have a health media company overpay and roll them up. Neil Callahan Rosemont Seneca Partners 401 Greenwich Street, Suite 300 New York, New York 10013 917-945-9516 (m) 866-749-8879 (f) www.rosemontsenecatech.com <http://www.rosemontsenecatech.com/> Confidentiality Warning: This e-mail contains information intended only for the use of the individual or entity named above. If the reader of this e-mail is not the intended recipient or the employee or agent responsible for delivering it to the intended recipient, any dissemination, publication or copying of this e-mail is strictly prohibited. The sender does not accept any responsibility for any loss, disruption or damage to your data or computer system that may occur while using data contained in, or transmitted with, this e-mail.If you have received this e-mail in error, please immediately notify us by return e-mail. Thank you From: John DeLoche [mailto:jdeloche@rosemontseneca.com] Sent: Wednesday, February 27, 2013 12:36 PM To: Neil Callahan; Devon Archer; Hunter Biden; Eric Schwerin; Rob Walker; John DeLoche Subject: Striiv overview notes: my be too early for us but interesting: intersection of healthcare and mobile. great team. launched in december 2k active in december, 8k active in January, 16k daily active users. 90% of growth is organic. 37%$2-$4mm in revenue this year. great team. kaiser ventures is looking at it. Cap table: $5.9mm equity and $2mm convertible note. They were doing hardware and changed course to SW only--a restart. Raising $3mm and have two committed at $9mm pre. ID Soft capital is existing investor--irobot, harmonic investors. sending financials. ---------- Forwarded message ---------- From: David Wang <dave@striiv.com> Date: Wed, Feb 27, 2013 at 9:00 AM Subject: Re: Introduction To: John DeLoche <jdeloche@rosemontseneca.com> Hi John, I've attached a quick intro for our call today. Best, Dave -- John DeLoche Managing Director Rosemont Seneca Technology Partners One Market, Spear Tower, 36th Floor San Francisco, CA 94105 office: 415 293 8147 mobile: 415 793 7070 This email communication is privileged and confidential and is intended only for the individuals or entities named above. Any unauthorized dissemination of any of the contents of this email is strictly prohibited. If you are not the intended recipient, please do not read, copy, use or disclose to others the contents of this communication. Please notify the sender that you have received this e-mail in error and then delete the e-mail.
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