Privacy Policy · Coventure

Coventure Privacy policy

This Privacy Policy describes how we, Coventure, use the personal data that we collect or generate in the performance of our services.

Please read this Privacy Policy carefully. By visiting our website or using any of our services, you indicate your agreement to our use of your personal data as set out in this Privacy Policy.

Contact details

Coventure, and all of its affiliates, is committed to protecting the data of individuals in line with applicable local regulations, including if you are based in the EEA, the European Union’s General Data Protection Regulations (GDPR).

Data we collect

When we collect data

We collect data when you use any of our services, become our client, or contact us whether that be in person, by telephone, by email or by mail.

Why we collect data

We may collect your personal data in order to provide products and services to you, depending on the product and service provided.

What data we may collect and generate

Your contact details, such as your name, address, telephone number and email address;
Your date of birth, nationality, country of birth, country of residence, employment status and tax identification number;
Passport details, driving license and utility bills;
Details of the services you request or receive from us;
Any records held by financial crime prevention agencies, on electoral registers and rolls, and by providers of utility services;
Details of your employment status, income, assets and source of wealth;
Information about your investments and your transactions with us;
Any personal data that you provide during your use of Coventure’s website, data rooms or investor portal, as well as personal data you provide during phone calls, in personal contact, email communications and other correspondence you may have with us;
Information that we receive from you through subscription booklets and other documents related to a product or service; and
We also collect data from you when you voluntarily complete customer surveys, respond to an event invitation, provide feedback or complete a contact form on our website, data rooms or investor portal.

Cookies

Our website makes use of cookies. Cookies are files which our server uses to identify your computer. Coventure uses cookies to understand site usage and to improve the content and offerings on our site.

How we use your data

Unless otherwise stated in this Privacy Policy, the legal basis for our use of your personal data will be one of the following:

To allow clients to use and access Coventure’s services;
To review and assess client/prospective client applications or contracts for Coventure’s services and products;
To undertake checks with fraud prevention agencies to enable us to comply with our anti-money laundering obligations and for the purposes of crime prevention and fraud prevention;
To comply with our obligations arising from any contracts entered into between you and us and to provide you with the information, products and services that you request from us, or enable relevant service providers to assist us in doing so;
To help protect your data and prevent unauthorized access to it;
To deal with any queries, complaints or problems reported by you;
To keep our records up to date;
To maintain information technology (IT) systems in order to uphold service standards;
To generate statistics relating to use of our website, such as the popularity of certain features or services. We do not use personally identifiable data for this purpose;
To provide you with information about other services we offer that are similar to those that you have already engaged us to provide or enquired about. In such instances Coventure will only do so where we have received explicit consent from you to do so and for each separate method of communication. You may opt out of receiving this information at any time by contacting us at info@coventure.vc;
If required to do so by law and to the extent necessary for the proper operation of our systems, to protect us/our clients, or for the enforcement of any agreement between you and us;
To enable us to meet our regulatory obligations;
To develop new products and services;
To notify you of changes to our products and services; and
To help improve the products and services we provide to you.

How we protect your data

We take appropriate security measures (including physical, electronic and procedural measures) to help protect the confidentiality, integrity and availability of your personal data from unauthorized access and disclosure.

Who we disclose your data to

We may disclose your personal data to:

Businesses that are part of the same group of companies within Coventure, or that become part of that group;
Our brokers, dealers, IT providers, contract counterparties, service providers, financing sources and agents engaged in order to provide and maintain the provision of products or services;
Our auditors, accountants, lawyers and other professional advisers (e.g. compliance consultants), to the extent that they require access to the data in order to advise us;
Fraud prevention agencies and other organizations to allow us to undertake the checks set out below;
Providers of products or services we recommend. We may also be required to share data with auditors appointed by the providers of such products or services;
Any relevant regulatory authority where they are entitled to request or require disclosure;
Meet applicable law, the order of a court or market rules and codes of practice applicable to the circumstances at the time;
Relevant tax, payment and customs authorities, who may pass this on to tax authorities in other jurisdictions. Some tax regulations require us to collect data about each client’s tax residency; and
Prospective sellers or buyers of businesses or assets in the event that we sell or buy any business or assets, as well as any financing sources utilized as part of the due diligence, in which case we may disclose your personal data. If all or substantially all of Coventure’s assets are acquired by a third party, personal data held by it about its clients may be one of the transferred assets.

We will not share or sell your data to third parties (except as otherwise stated).

Data retention

We are committed to keeping your personal data only for as long as we need to in order to fulfill the relevant purpose(s) for which it was collected, as set out in this notice, and for only as long as we are required or permitted to keep it by law or regulatory authority.

Your rights

In all cases where we collect, use or store your personal data you may have the following rights based on your jurisdiction (unless exemptions apply) which can be exercised by contacting us using the details provided below:

To obtain information regarding the processing of your personal data and access to the personal data which we hold;
To ask us not to process or restrict processing of your personal data in certain circumstances (there may be circumstances where we are required or entitled to refuse that request);
To withdraw your consent to the processing of your personal data at any time (we may be entitled to process your personal data to comply with/satisfy legal and regulatory and/or internal audit requirements);
To request that we rectify your personal data if it is inaccurate or incomplete;
To request erasure of your personal data under certain circumstances (there may be circumstances where you have asked us to erase your personal data but we are required or entitled to retain it);
In some circumstances, the right to receive your personal data, which you have provided to us, in a structured, commonly-used and machine-readable format and the right to transmit that data to another party without hindrance, or to have that personal data transmitted to another party, where technically feasible;
To be informed about any use of your personal data to make automated decisions about you, and to obtain meaningful information about the logic involved, as well as the significance and the envisaged consequences of this processing; and
To lodge a complaint with the relevant data privacy regulator if you think that any of your rights have been infringed by us.

You may contact us in connection with any of the rights above and we may ask you to provide some additional information in order to verify your identity, such as your name, your address and proof of identity.

About Acquco

Acquco is focused on building the largest e-commerce platform in the world. Founded by a team of seasoned operators, Acquco strategically acquires the best brands and accelerates their growth across Amazon, Walmart, Shopify and other e-commerce ecosystems. Acquco has raised over $160M of institutional capital since its inception in 2020, and is focused on rapidly scaling its portfolio and team.

Partnership with Coventure

Through its partnership with Acquco, CoVenture has provided the company with capital to acquire e-commerce brands and scale its business.

“Through our partnership with CoVenture, we have been able to accelerate our growth and become a leading player in the e-commerce space in a very short period of time. Since our inception, the CoVenture team has provided tremendous value through founder-friendly, flexible financing structures, and has continued to grow with us thereafter. The team possesses unique industry insights, and the value CoVenture provides extends far beyond capital.”

Raunak Nirmal

CEO, Acquco

About Clearbanc

Clearbanc is on of the fastest, most affordable ways for D2C and SaaS founders to fund their businesses and among the largest eCommerce investors in the world. Clearbanc has invested $10K - $10M in 2,200+ companies using data science designed to identify high-growth funding opportunities in less than 24 hours. This data driven approach is designed to take the bias out of decision making and has helped Clearbanc fund 8x more female founders than traditional VCs and invest in companies in all 50 states.

Partnership with Coventure

Coventure’s partnership with Clearbanc has scaled with the company, enabling Clearbanc to provide financing to more than 1,500 businesses.

“CoVenture bet on Clearbanc early and have been incredible supporters and partners from the beginning. The team at CoVenture is always looking for new opportunities and creative ways to collaborate and help us improve the business. We are honoured to have CoVenture as part of our Clearbanc team.”

Michele Romanow and Andrew D'Souza

Co-Founders, Clearbanc

About Produce Pay

ProducePay is improving the supply chain for fresh produce, with the goal of placing trust at the center of every transaction. It's mission is to strengthen relationships between growers, shippers, retailers, and consumers of fresh produce.

Partnership with Coventure

CoVenture has worked with Produce Pay since 2014, providing capital to support the growth of the company as well as the expansion of the financing solutions it offers growers and distributors.

“CoVenture has been an incredible partner to us from the get-go. From helping us carry the initial tech burden to get to a minimum variable product, to plugging us into the overall VC market, all through helping us raise the very funding vehicles with which we run our business. They are true partners, through and through”

Pablo Borquez Schwarzbeck

Founder, ProducePay

About Stem

Stem is a distribution and payments platform focused on getting people paid in the music business. Music is the original "gig economy" with a broad network of freelance workers who have limited visibility into their finances and no easy way to account to all the people in the value chain.

Partnership with Coventure

Stem worked with CoVenture to launch Scale, a financing program for artists on Stem's platform. Stem is creating a new asset class designed to better align the interests between artists and their source of capital.

“CoVenture has been an incredible thought partner to Stem as we architected our advances product Scale. As a start up with limited resources, we appreciated them rolling up their sleeves and filling gaps on the strategy side to help us bring the product to market.”

Milana Rabkin Lewis

CEO, Stem

About Wave

Wave is a sports media company for today's fan. Through a portfolio of media brands, covering a wide array of fandoms and genres, Wave seeks to entertain digital natives, with the programming they love, in the places they spend the most time. Their programming can be discovered across Snapchat, Instagram, TikTok, Facebook,YouTube and other core and emerging platforms.

Partnership with Coventure

Through its partnership with Spotter, CoVenture has provided the company with capital to acquire YouTube content and scale its business.

About Spotter

Spotter is partnering with YouTube creators, delivering up-front cash that empowers them to grow their brands while retaining their freedom. They delivers a solution that allows creators to remain independent while receiving the capital they need to grow.

Partnership with Coventure

Coventure provided financing to help Spotter acquire YouTube content and support the growth of the company.

Ali Hamed

Partner

Ali is a partner at CoVenture. He co-leads firm management, capital raising, and deal sourcing, and is a member of the investment committee of CoVenture's credit and venture subsidiaries (CoVenture Management, CV19 Venture Partners, and Crossbeam Venture Partners). Prior to Coventure, Ali was a Venture Partner at Compound Ventures (formerly known as Metamorphic Ventures), during which time he helped source many of the firm’s successful investments. Ali attended Cornell University, where he played Varsity Baseball.

Marc Porzecanski

Partner

Marc is a Partner and leads the Credit Opportunities business. Prior to joining the CoVenture team, Marc was a Principal and Senior Analyst in the Ares Credit Group, a Vice President at Angelo, Gordon & Co. and a Vice President at Credit Suisse, focused exclusively on esoteric asset-backed lending. Marc attended the University of Pennsylvania.

Brian Harwitt

Partner

Brian is a Partner in CoVenture's Credit Opportunities group. Prior to joining the Coventure team, Brian was an investment banking analyst at Guggenheim Securities focusing on healthcare. Brian attended Cornell University.

Elizabeth Ostrander

Partner | Chief Operating Officer

Elizabeth is a Partner and the Chief Operating Officer at CoVenture. Prior to joining the Coventure team, Elizabeth was the Director of Business Development at a boutique investment banking and capital markets firm. Elizabeth attended Boston College and is a CFA charterholder.

Isaac Strulowitz

Partner | Chief Financial Officer

Isaac is a Partner and the Chief Financial Officer at CoVenture. Prior to joining the Coventure team, Isaac worked at Ernst & Young and The Blackstone Group. Isaac attended Yeshiva University and is a Certified Public Accountant.

Naved Sheikh

General Counsel

Naved is General Counsel of CoVenture. Before joining CV, Naved was an Executive Director at Morgan Stanley, where he served as lead counsel for the infrastructure, secondaries, Asia-focused private equity and growth capital teams and other private investing businesses within Morgan Stanley Investment Management. Naved previously served as in-house counsel at Blackstone and as an associate at the global law firm of Skadden, Arps, Slate, Meagher & Flom LLP. Naved earned his law degree from Cornell Law School and his undergraduate degree in architecture from Yale College.

Meghan Hillery

Director of Business Development

Meghan is the Director of Business Development at CoVenture. Prior to joining the CoVenture team, she was a senior analyst at Capital One focused on technology, media, and telecom. Meghan attended Cornell University.

Stan Friedman

Chief Human Resource Officer

Stan is the Chief Human Resource Officer and the Principal of Alpha HC Consulting, LLC which provides HR consulting to investment management firms. Before founding Alpha HC Consulting, he served as a Managing Director and Chief HR Officer for Fortress. In this role, Stan oversaw HR for their public entity, designed the HR function that facilitated the firm's growth and played a major role in their increase in AUM. He was also involved in C-suite recruitment, reorgs, resolving operational issues, and communication strategies for portfolio companies within Fortress' private equity fund. Additionally, he has led the HR function for apparel, communications, television and radio companies. Stan has been a speaker and guest panelist at numerous industry events, an adjunct professor teaching management courses at Baruch College and currently serves as a member on three advisory boards.

Joe Iraci

Managing Director, Chief Compliance Officer

Joe is Managing Director and Chief Compliance Officer of CoVenture. Prior to joining CoVenture, Joe spent 8 years as Director at Adherence LLC, a regulatory compliance consultant with an affiliated law firm where he managed numerous broker-dealer and registered investment advisory clients. Before Adherence, Joe held roles as Counsel and Chief Compliance Officer of NorthCoast Asset Management and Associate Counsel, and eventually Director of Legal Affairs of Kenmar where he was responsible for various legal and compliance requirements associated with the multiple regulated entities and managed account platforms. Joe began his career as a consultant-analyst at Iridian Asset Management. Joe received a JD/MBA from Pace University and a BA from Fordham University College of Business.

Michael Breitstein

Managing Director

Michael is a Managing Director at CoVenture on the Credit Opportunities Team. Previously, Michael raised and managed a $100+ million FinTech vehicle at Mighty, leveraging data science to enhance investment returns. Prior to Mighty, Michael focused on distressed investments at Aurelius Capital and private credit at Melody Capital. He began his career as an investment banking analyst in restructuring at Rothschild and Bank of America. Michael graduated with Distinction from Cornell University.

Dan Bailey

Managing Director

Dan is a Managing Director at CoVenture with over 12 years of private capital investment and advisory experience. Prior to joining the CoVenture team, Dan was a Principal at Two Sigma Investments, where he was primarily responsible for making middle market private equity investments in the financial services industry with a focus on opportunities across specialty finance, insurance/insurtech, asset management, capital markets, and financial technology. Prior to Two Sigma, Dan held roles in private credit at The Carlyle Group and private equity at American Capital (acquired by Ares). He began his career as an investment banking analyst in leveraged finance at Wells Fargo. Dan holds a Master of Accountancy degree from the University of Southern California and a B.A. in Philosophy from Cornell University.

Lei Tie

Managing Director

Lei is a Managing Director at CoVenture with over 17 years of experience in securitized credit. Prior to joining CoVenture, Lei co-founded a fund manager in Singapore and led a structured credit team with a primary focus on APAC. Previously, he was the Head of ABS at LibreMax Capital in New York. Lei also spent time in various securitized credit roles at Barclays Capital, Lehman Brothers and JPMorgan, focused on principal finance, origination and structuring. Lei graduated from Carnegie Mellon University.

Will Shao

Vice President

Will is a Vice President on the Credit Opportunities team. His responsibilities include portfolio monitoring and diligence. Prior to joining the CoVenture team, Will worked as a management consultant at A.T. Kearney. Will attended Cornell University.

Josh Begleiter

Vice President

Josh is a Vice President on the Credit Opportunities team. His responsibilities include portfolio monitoring and diligence. Prior to joining the CoVenture team, Josh lead Merchant Acquisition for New Verticals at Uber Eats. Previously, Josh was an investment banking associate at Guggenheim Partners. Josh attended Cornell University.

Kevin Johnson

Vice President

Kevin is a Vice President of Finance at CoVenture. Prior to joining the Coventure team, Kevin worked at Ernst & Young and served as a Senior Manager at BDO. Kevin attended Baruch College, and is an IRS Enrolled Agent.

Eric Kagan

Vice President

Eric is the Vice President of Finance at CoVenture. Prior to joining the Coventure team, Eric worked at KROST CPAs (previously known as Krost, Baumgarten, Kniss & Guerrero) and Holthouse Carlin & Van Trigt. Eric attended California Lutheran University and is a Certified Public Accountant.

Katie Williams

Vice President

Katie is a Vice President at CoVenture, focusing on operations. Prior to joining the CoVenture team, Katie worked at Blackstone Credit. Katie graduated from Indiana University and passed all the Certified Public Accountant exams.

Dalia Bauman

Vice President

Dalia is a Vice President on the Investment team. Prior to joining CoVenture, Dalia was an associate in the Credit Opportunities fund at The Carlyle Group where she was focused on diligencing, structuring, and sourcing opportunistic credit investments. Prior to Carlyle, Dalia was a Private Credit analyst at Goldman Sachs. Dalia received a BS in Finance from the University of Maryland.

Mike Gallagher

Vice President

Mike is a Vice President in Coventure's Credit Opportunities group. Prior to joining the team, Mike worked as an Assistant Vice President at Global Atlantic Financial Group focused on private asset-based investments and insurance capital optimization. Previously, Mike held roles at Guggenheim Securities as an investment banking Analyst and at Moody’s Corporation as a credit rating Analyst. Mike received a BS in Finance and Accounting from NYU Stern School of Business, where he competed in Varsity cross-country and track and field.

Danielle Mahon

Senior Associate

Danielle is a Senior Operations Associate at CoVenture. Her responsibilities include operations and investor relations functions across the firm. Prior to joining the CoVenture team, Danielle worked on Morgan Stanley’s Corporate Buyback team. Danielle attended Loyola University Maryland.

Madison Lawton

Senior Associate

Madi is an associate on the Credit Opportunities team. Her responsibilities include portfolio monitoring and reporting. Prior to joining the Coventure team, Madi was working as an analyst in structured finance, focusing on residential mortgage backed securitizations, at Ernst and Young. Madi attended the University of South Carolina.

Rajinder Singh

Associate

Raj is an Associate on the Credit Opportunities team. His responsibilities include portfolio monitoring and diligence. Prior to joining the CoVenture team, Raj worked as an investment banking analyst at Guggenheim Partners. Raj attended Baruch College.

Molly Cline

Associate

Molly is an Associate on the Capital Formation team. Prior to joining the CoVenture team, Molly was an investment analyst on the Private Capital team at Agility Outsourced CIO. Previously, Molly was a structured finance analyst at Ernst and Young. Molly attended Tulane University.

Jack Stummer

Associate

Jack is an Associate on the Credit Opportunities team. His responsibilities include portfolio monitoring and diligence. Prior to joining the CoVenture team, Jack worked as a Credit Analyst at Metropolitan Partners Group and as an Investment Banking Analyst at Deutsche Bank. Jack attended Northwestern University.

Mauricio Alfonso

Controller

Mauricio is a Controller at CoVenture. Prior to joining the CoVenture team, Mauricio worked at Holthouse Carlin & Van Trigt and White Nelson Diehl Evans CPA firms. Mauricio attended Chapman University.

Kaitlin DiDomenico

Controller

Kaitlin is a Controller at CoVenture. Prior to joining the CoVenture team, Kaitlin served as the Assistant Controller for an Austin-based, private equity firm focused on real estate and subordinate debt markets and at Ernst and Young as a Senior on their Global Compliance and Reporting team. Kaitlin graduated Summa Cum Laude from Old Dominion University and is a licensed CPA in Virginia.

Richard Cho

Analyst

Richard is an Analyst on the Credit Opportunities team. His responsibilities include portfolio monitoring and diligence. Prior to joining the CoVenture team, Richard worked as an investment banking analyst at Lazard. Richard attended Cornell University.

Philip Aleksich

Analyst

Philip is an Operations Analyst at CoVenture. His responsibilities include operations and investor relations functions across the firm. Prior to joining CoVenture, Philip was an associate for PartnersAdmin, a California-based fund administrator. Philip graduated from UC San Diego with Provost Honors.

Matthew Bohdan

Analyst

Matt is an analyst on the Credit Opportunities team. His responsibilities include portfolio monitoring and reporting. Prior to joining the CoVenture team, Matt was working at KPMG as an analyst in structured finance, focusing on asset-backed securitizations and valuation of fixed income products. Matt attended UCLA.

Cecilia Gunawan

Executive Assistant

Cecilia is an Executive Assistant at CoVenture. Prior to joining the CoVenture team, Cecilia was an Operation Manager specializing in Rooms/Food & Beverage departments for a luxury and big box convention hotel in New York City. Cecilia attended Temple University.

Alexa Holzberg

Executive Assistant

Alexa is an Executive Assistant at CoVenture. Prior to joining the CoVenture team, Alexa worked in the financial services industry handling client operations and serving as an executive assistant to company CEO’s and VP’s. Alexa attended the University of Delaware.

Savneet Singh

Partner

Savneet is a partner at CoVenture. He is also the CEO of PAR Technology Corporation. Previously, he was the co-founder of GBI, the first electronic platform that allowed investors to buy, trade, and store physical precious metals. The company is now one of the largest independent providers of precious metals in the United States, and as a result Savneet was named to the Forbes 30 under 30 list and Crain's 40 under 40. Prior to GBI, Savneet was an investment analyst at Chilton Investment Company where he covered investments in the technology, alternative energy, and infrastructure space. Prior to Chilton, Savneet worked in the investment banking department of Morgan Stanley. He received his B.S. in Applied Economics and Management from Cornell University, and is a member of the Board of Directors of Par Technology (NYSE:PAR), Transeastern Power Trust (TSX:BPWR), CoinTheory and Produce Pay Inc.