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Jared Carmel
Managing Partner, Manhattan Venture Partners (MVP.VC)
Jared Carmel is a trailblazer in the development of the secondary market for venture-backed technology companies, with a focus on providing liquidity solutions to venture-backed companies and their shareholders through his company, Manhattan Venture Partners (MVP).
With a strong track record and over $1B in Assets Under Management (AUM) across multiple funds, Jared has accelerated venture returns by deploying $1.2B and realizing $900MM, achieving an average DPI multiple of ~2.3x across prior funds with an average hold period of less than 2.5 years per company.
As a General Partner (GP) of MVP's All-Star Funds, Jared brings in his wealth of experience to identify and invest in high-growth private companies like Coinbase, Spotify, Airbnb, and others.
Prior to his work at MVP, Jared co-founded fintech startup citizen.vc, where he played a significant role in driving product strategy and investment execution. His tenure as the Director of Secondary Markets at G Squared enabled him to refocus the firm's investments towards consumer internet, SaaS, and Fintech, providing access to promising growth-stage technology companies.
Jared's pivotal role in structuring the Gentry Technology Fund I LLC and advising on investments, including a top-performing asset like Twitter, showcased his capabilities in the realm of secondary market investment. His expertise extends to various fields such as Venture Capital (VC), Private Equity (PE), Special Purpose Acquisition Companies (SPACs), Merger and Acquisitions (M&A), and Initial Public Offerings (IPOs).
Recognized as a thought leader, Jared has been featured in major news outlets like CNBC, The Wall Street Journal, and CNN. He holds a Bachelor of Arts (B.A.) degree from the School of Informatics at the University at Buffalo.
Aside from his professional endeavors, Jared values family time, coaching his children in various sports, fishing, and attending Jets games.
For media inquiries, contact: [email protected]
Highlights
🦅 Prey-venting Cyber Attacks: Huntress Soars in SMB Security
🛡️Santosh Rao Initiates Coverage on Huntress.
This Maryland-based startup is revolutionizing how small and medium-sized businesses (SMBs) protect themselves from cyber threats. 💻🔒
Key Insights: • Blends human expertise with AI for superior threat detection 🧠🤖 • Serves 100,000+ organizations, protecting 3.5M endpoints 🏢📱 • 70%+ annual revenue growth over the past two years 📈💰 • Valued at $1.6B, with $100M ARR expected by 2024 💸🎯
🎯 Why Huntress Stands Out:
- Faster ROI than competitors (3x faster than CrowdStrike) ⚡💼
- SMB-centric pricing and easy deployment 💳🔧
- Leadership team includes former NSA Cyber Operators 🕵️♂️🔐
💼 Market Opportunity: • 33M businesses in the US, 99% being SMBs 🏪🏢 • Historically underserved by enterprise-focused cybersecurity solutions 🎯🛠️
Our analysis suggests Huntress is well-positioned to capitalize on the growing SMB cybersecurity market. Their innovative approach, combining human expertise with AI, addresses a critical gap in the industry. 🔍🚀
At Manhattan Venture Partners, we're always on the lookout for companies that are reshaping their industries. Huntress's focus on the underserved SMB market and their impressive growth trajectory make them a compelling player in the cybersecurity space. 🦅👀
🔗: https://lnkd.in/eMsKxAKP
#Cybersecurity #StartupInnovation #TechInvestment #VentureCapital #MVPAllStarFund #TechInnovation #preipo #siliconvalley #unicorn #MVPALLSTARFUND #mvpvc #mvp #therealmvpvc #venturebytes #allstar #ipo #research #technology #tommorowsipostoday #SecondaryAsAService #saas #SecondariesAsAService
💰 Ka-ching! Klarna’s Cash Register Sings in H1 2024 Results
💳 Credit Where It's Due: Klarna's stellar performance continues to impress. The fintech leader has released its H1 2024 results, demonstrating impressive growth and strategic success.
Key Highlights: • $1.3B revenue in H1 2024, with 27% YoY growth 📈 • U.S. gross profit up 93% in H1 💪 • AI impact: Revenue per employee increased 73% YoY 🤖 • Adj. operating income flipped from $43m loss to $64m profit 💰
🌟 Why This Matters:
- Validates Klarna's U.S. investment strategy
- Demonstrates the power of AI in boosting efficiency
- Shows Klarna's path to profitability in a challenging market
The H1 2024 results from Klarna underscore the company's remarkable trajectory. As backers through our All-Star fund, we at Manhattan Venture Partners recognize these figures as a testament to Klarna's innovative spirit and strategic acumen. The fintech landscape is evolving rapidly, and Klarna's performance demonstrates their ability to not just keep pace, but to lead the charge.
We look forward to witnessing Klarna's continued impact on the future of financial services.
🔗: https://lnkd.in/e3ybtVaE
#Klarna #Fintech #AIinFinance #GrowthStrategy #VentureCapital #MVPAllStarFund #TechInnovation #preipo #siliconvalley #unicorn #MVPALLSTARFUND #mvpvc #mvp #therealmvpvc #venturebytes #allstar #ipo #research #technology #tommorowsipostoday #SecondaryAsAService #saas #SecondariesAsAService
