|
|
|
|
|
Contact |
400 West Main Street
Suite 604
Durham, NC 27701
Tel. 919-530-1177
Fax. 919-530-1178
800 Third Avenue
21st Floor
New York, NY 10022
Tel. (212) 209-3063
Fax. (212) 371-5500
|
|
 SJF Ventures Invests in Truist
SJF Ventures has invested in Truist, Inc, the leading technology company providing corporations with workplace giving, philanthropy, and volunteerism solutions. "We are delighted to join the Truist team and provide capital to accelerate the company's growth," said David Kirkpatrick, SJF Ventures Managing Director. "With 1,000 institutional customers across 50 countries generating $2.5 billion in contributions, Truist's software-as-a-service model is on track to generate excellent investment and philanthropic results."
Bob Meagher, the CEO of Truist, added "We are excited to have SJF Ventures as a partner in the continuing expansion of technology offerings for our clients. SJF's focus on companies whose positive impacts drive business results is a great fit for Truist." Truist clients include many of the top 100 global corporations as well as hundreds of other organizations, United Ways, and volunteer centers. Read More... |
| SJF Cleantech CEO Panel 2008 Video Clips on YouTube
| |
 SJF Actively Investing Through Current Credit Crunch
SJF is actively seeking companies with several million dollars in sales and exciting new growth opportunities that they cannot pursue via debt financing due to the current capital markets crisis. SJF Ventures II, LP is in the middle of its investment cycle and is looking to partner with additional excellent companies that are positioned to thrive during the next few years. The fund typically invests $1MM to $3MM and will lead financing rounds up to $6MM. Uses of SJF's equity capital include acquisitions, new product or service offerings, and secondary stock purchases. Companies that fit SJF's investment focus best are achieving rapid sales growth, demonstrating near-term profitability potential, building professional management teams, and pursuing a path that will result in substantial gains for shareholders within five years. SJF invests nationwide and has particular affinity for companies whose strong results are driven by positive impact business models - such as portfolio firms Truist, groSolar, Intechra, MedPage Today, Ed Map and Salvage Direct. SJF often works with its bank limited partners to leverage additional debt financing packages to best capitalize portfolio firms for growth. Read More... |
Recent Events: groSolar's Speed of Solar Conference, REBN NYC Event, and DOE Chapel Hill
- SJF Ventures portfolio company groSolar held a successful conference on October 1-2 in Boston. Titled the Speed of Solar @ groSolar '08: Funding & Policy Pathways to Accelerate the Solar Marketplace, the event had about 200 attendees and featured Mindy Lubber, President of CERES, Ian Bowles, Massachussets Secretary of Environmental Affairs, and SJF's David Kirkpatrick. Fortuitously, Congress extended and expanded solar and wind and efficiency tax credits the day after the conference.
- SJF's Alan Kelley and Arrun Kapoor are co-chairs of the Renewable Energy Business Network (REBN) New York chapter. REBN's inaugural event September 25 was highly successful, with close to 300 entrepreneurs, venture funds, law firms, investment banks, PR and marketing firms, and other organizations attending. The next REBN event, organized by SJF Ventures, Credit Suisse, Cooley Godward, and Porter Novelli, will take place on October 23rd from 5:30pm-8:30pm.
- SJF reached out to appropriate companies to assist the U.S. Department of Energy's Renewable Energy Commercialization team when they held a luncheon event August 22nd in Chapel Hill, NC.
|
 SJF to hold Getting Ready for Equity™ Events for Entrepreneurs in New York and Chattanooga, TN
Following successful events in Orlando and Charleston, WV, SJF Advisory Services will hold two more Getting Ready for Equity™ seminars in 2008 to educate entrepreneurs about the process of working with equity investors. SJF will work with the Initiative for a Competitive Inner City and Bank of America to hold a GRE™ training in New York Oct. 28 to prepare entrepreneurs for the Inner City Capital Connections event Nov. 19. And with the support of the Appalachian Regional Commission, the Mary Reynolds Babcock Foundation, and the F.B. Heron Foundation, SJFAS will also conduct a Getting Ready for Equity™ seminar in Chattanooga, TN on Dec. 4. |
Salvage Direct Contributes to Hurricane Ike Cleanup Efforts
SJF portfolio company Salvage Direct, a leading salvage auction company, will be forefront in the clean-up efforts after Ike. "Our advance team was already en route to the disaster zone just two days after Ike hit," says Salvage Direct CEO Dan Hoversten, "Then we began the recovery process on thousands of boats, cars, and RV's." The company expects to auction off the hurricane-damaged items in the coming months. Read More ... |
 Green For All's Van Jones and Majora Carter Join SJF Advisory Services Board of Directors
Green for All Co-Founders Van Jones and Majora Carter have joined the SJF Advisory Services Board of Directors, along with Morgan Simon, Co-Founder and Executive Director of the Responsible Endowments Coalition and Catherine Clark Adjunct Asst. Professor and Director, Research Initiative on Social Entrepreneurship (RISE) at Columbia Business School. Van Jones' book, The Green Collar Economy, is scheduled to be released Oct. 7. |
| Coming Events for SJF Team
Alan Kelley will attend Venture Atlanta Oct. 15-16. Arrun Kapoor will serve as a panelist at the Venture Association NJ Fall Entrepreneurs Expo & Elevator Pitch Olympics on 10/24; he will also attend the Greenbuild International Conference in Boston Nov. 19-20. David Griest will speak at the Greenbuild International Conference and Expo in Boston Nov. 20 and will attend William Blair & Company's 11th Annual Private Equity Conference Oct. 14-15, Natural Products Expo East in Boston Oct. 16-17, and NCN III (Nutrition Capital Network) in San Francisco Nov. 12-13. Cody Apperson will attend Expo East In Boston Oct. 16-17 and the Greenbuild International Conference in Boston Nov. 19-20. David Kirkpatrick will be speaking at a Cleantech Venture Forum Oct. 22 at Ohio University in Athens, OH. Bonny Moellenbrock will attend Social Capital Markets 2008 in San Francisco Oct. 13-15. Elizabeth Taylor will attend the Top Small Workplaces conference in Chicago Oct. 14-15 and the NC Center for Nonprofits Conference in Raleigh, NC Oct. 16-17. Anne Claire Broughton will attend Sustainable North Carolina's annual Conference in Raleigh, NC Nov. 11. |
|
About SJF |
SJF Ventures is a venture capital fund that focuses on cleantech, technology-enhanced services, and premium consumer products companies. The fund looks for experienced management teams that are driving exceptional growth and positively impacting the world. SJF Ventures specializes in companies with revenues of $1 to $20 million seeking equity capital of $1 to $5 million. SJF Advisory Services is an affiliated business services firm. SJF has offices in Durham, NC and New York, NY and invests throughout the U.S.
| |
|
|
|
