Point72 Ventures is the early-stage venture capital strategy funded exclusively by Steve Cohen and eligible employees of Point72 Asset Management. We invest in founders catalyzing the changes we see in the global economy.
“The best organizations of the future will empower the most talented people with the most powerful technologies.”
Steven A. Cohen
We invest in companies that are transforming the global financial services industry.
We invest in AI, machine learning, and data – the change agent for all industries.
We know how the financial services market works: the complexity of the ecosystem, the agendas and motivations of established players, and what it takes for a new entrant to be successful. We know that fintech isn’t just something in the app store – and we aim to be the most knowledgeable venture investor for entrepreneurs in the industry.
Financial Technology | Financial Services | Enterprise Software where FinServ is high value / early adopter
We have personal relationships with the most relevant thinkers and decision makers across the world’s leading investment banks, asset managers, hedge funds, consumer banks, lenders, exchanges, payment networks, insurers, and trading desks. We focus as much on understanding their businesses and strategic direction as we do meeting startups.
We know this industry from bare metal to application layer, retail and institutional, across all product categories, in every market across the globe – and we see the next wave of innovation starting at the infrastructure level. We work for one of the most innovative and connected financial firms in the world, and combined with our breadth and depth of experience at VC funds and bulge bracket strategic investment groups, we’re uniquely positioned to understand your business.
We partner with our companies to get their products right, and use our network to find the right strategic partners, early adopters, enterprise customers, and champions from across the industry – the true keys to success. We are laser-focused on driving value once we make an investment.
At Point72, we are practitioners first. We use AI, ML and data-driven strategies in every area of our business. We invest in entrepreneurs who are partners in the journey of tackling hard data problems.
Applied AI | Core ML | Hard Tech
AI + ML are all we do. We can value what you’ve built on its technical merits. AI investing is a new asset class, and we don’t overfit to rigid priors like traditional revenue metrics.
We’ve spent years working on these problems and speak to hundreds of companies. This gets us to conviction quickly, and we match our conviction with an ability to price and lead early stage rounds of all sizes.
Leverage the advice and relationships only a world-class financial institution and fellow practitioners of AI can provide.
Led by legendary founder Steven A. Cohen, Point72 Ventures has a top-tier team of investment professionals leading our investment strategies.
Steven A. Cohen founded S.A.C. Capital Advisors in 1992 and converted his investment operations to the Point72 Asset Management family office in 2014.
Steve previously headed his own trading division at Gruntal & Co. where he managed proprietary capital for 14 years.
Steve has a B.S. in Economics from The Wharton School at the University of Pennsylvania.
He is the Co-Founder, Vice President and Treasurer of the Steven & Alexandra Cohen Foundation, which is committed to achieving lasting and meaningful change in our community through children’s health, education, veterans, and the arts.
Steve also serves on the Board of Trustees at the Museum of Contemporary Art (MOCA) in Los Angeles and the Emeritus Board of the Robin Hood Foundation.
Matthew Granade oversees all investment activities at Point72 Ventures in addition to serving as the Chief Market Intelligence Officer for Point72. Prior to joining Point72, Matthew co-founded Domino Data Lab, a platform for data scientists in a wide range of industries to accelerate their work and increase collaboration.
Before starting Domino, Matthew served as Co-Head of Research for Bridgewater Associates, where he built and led teams that developed insights on the global economy, and created new systems for capturing alpha. Earlier in his career, Matthew was at McKinsey & Company.
Matthew earned his A.B. from Harvard College, where he served as President of The Harvard Crimson, and an M.B.A. from Harvard Business School, where he was a George F. Baker Scholar.
He serves on the Boards of Directors of Domino Data Lab, Inc. and Quantopian, Inc.
Pete Casella leads Point72 Ventures investment activities in financial services related technologies. He is based in New York.
Prior to joining Point72 to build the Venture Capital business, Pete spent 13 years specializing in fintech venture capital for JPMorgan Chase Strategic Investments, Credit Suisse Principal Investments, and FTV Capital.
Pete started his career in Investment Banking at JPMorgan, followed by Corporate Strategy for JPMorgan Asset Management.
Pete earned a BS from Indiana University.
Sri Chandrasekar co-leads Point72 Ventures investment activities and technical due diligence in artificial intelligence, machine learning and related technologies. He is based in Palo Alto.
Sri joined Point72 from In-Q-Tel, the strategic investment arm of the CIA and the US Intelligence Community. At In-Q-Tel, Sri led Lab41, an AI-focused Lab that built and delivered solutions to some of the Intelligence Community’s toughest problems. Before Lab41, Sri led the Analytics practice at In-Q-Tel, a role in which he was responsible for setting the investment priorities for a team of technical investment professionals. Prior to In-Q-Tel, Sri spent nearly a decade designing and building communication systems for the military at BAE Systems.
Sri earned his undergraduate and Masters degrees in Electrical and Computer Engineering from Cornell University and an MBA from NYU.
Dan Gwak co-leads Point72 Ventures investment activities in artificial intelligence, machine learning and related technologies. He is based in Palo Alto.
Before joining Point72, Dan was a Partner on the Investment Team at In-Q-Tel, the strategic investment firm of the CIA and U.S. Intelligence Community. At In-Q-Tel, Dan focused on enterprise analytics and infrastructure companies whose technologies were impactful to the mission of the U.S. Intelligence Community.
Previously, Dan was an investment banking analyst in the M&A group at Credit Suisse, a private equity associate at The Carlyle Group and a fireteam leader in the United States Marine Corps, where he was awarded the Combat Action Ribbon and Purple Heart for actions in support of Operation Enduring Freedom in Helmand Province, Afghanistan.
Dan has an MBA from Harvard Business School and a BA in Economics from Cornell University.
Tripp Shriner is a Director focused on financial services investments for Point72 Ventures, working from our New York and Connecticut offices.
Tripp joined Point72 from City Light Capital, an early-stage venture capital firm, where he was a Principal. Before City Light, he was a Vice President with J.P. Morgan’s Private Investments group, responsible for sourcing, executing, and managing early and growth-stage venture capital investments in financial technology businesses. Tripp began his career working for J.P. Morgan in the Investment Bank’s Equity Capital Markets group.
Tripp earned his AB in Politics from Princeton University, and is a CFA Charterholder.
Tripp serves on the Leadership Council for The Resolution Project, a nonprofit organization focused on developing socially-responsible young leaders, where he advises early-stage social enterprises founded by college students.
Prior to joining Point72, Florie worked as an Executive Assistant at various hedge funds, including FrontPoint Partners LP. Florie works from our New York and Connecticut offices.
Florie earned her AB in Psychology from Iona College.
Daniel Kwak is an Associate at Point72 Ventures. In this role, he sources, evaluates, and executes early stage investment activities in artificial intelligence, machine learning, and related technologies. He is based in Palo Alto.
Prior to joining Point72 Ventures, Daniel was an Investing Banking Analyst in the Technology, Media, and Telecom group at Goldman Sachs.
Daniel earned his undergraduate and master’s degrees in Nuclear Engineering from the University of Michigan and Massachusetts Institute of Technology (MIT), where he did his PhD research in high energy plasma physics and nuclear fusion. He is originally from Atlanta, Georgia and loves snowboarding in Squaw Valley.
Jason Miller is the COO for Point72 Ventures. He is responsible for a wide range of functions across operations, technology, analytics, and business process design. Prior to joining Point72 Ventures, Jason was a Director at BlackRock where he was responsible for the global delivery of data and analytics across all asset classes to the front office users via the Aladdin platform.
Prior to BlackRock, Jason was a Captain in the U.S. Army, where he served as a combat platoon leader in Germany and Iraq, and was awarded the Bronze Star and Presidential Unit Citation for actions in Fallujah. Jason earned a BS in History from the United States Military Academy at West Point. Jason serves as a mentor for veterans and speaks at veteran events on career transition and development.
Arjo Mozumder is an Associate at Point72 Ventures in Palo Alto. He is responsible for sourcing, diligence, and execution on artificial intelligence investments. Arjo’s focus areas include industrial AI/robotics, autonomous vehicles, and other field-specific themes such as oil & gas and agriculture.
Prior to joining Point72 Ventures, Arjo was a Founding Fellow at the Blackstone LaunchPad in Austin and founded Convergent, a cross-disciplinary innovation program and non-profit incubator.
Arjo earned his B.B.A. in Finance from The University of Texas at Austin, where he received the Barbara Jordan Legacy Award for his lasting impact on the school. Arjo spends his free time seeking inspiration in music, nature, and people.
Michelle Silva is based out of Point72 Ventures’ Palo Alto office, where she provides administrative support for the AI team.
Prior to joining Point72 Ventures, Michelle worked for companies including Visa, Abbott, and Logitech. She also has experience at several startups, where she served in roles that included wide variety of responsibilities.
Michelle is originally from California, and earned her BS in Human Services – Counseling & Administration from Notre Dame de Namur University in Belmont, graduating cum laude.
Ishan is an Associate on the Point72 Ventures team, helping evaluate and execute investments. Ishan joined Point72 Ventures after graduating from the Point72 Academy – the Firm’s year-long training program – where he rotated through various long/short teams within Point72, covering public companies in the technology and financial spaces. Before joining Point72, Ishan was an investment banking analyst at Goldman Sachs.
He graduated from Yale University with a BA in Economics. An avid musician, Ishan advises the Duality School of Music, a non-profit music education program for underserved youth in his hometown of New Haven.
VP, Business Development
Alex Tarhini is a Vice President at Point72 Ventures. He supports the investment teams and leads platform development; ensuring portfolio companies receive the full support of the Firm. Alex works from our New York and Connecticut offices.
Before joining Point72, Alex managed the Barclays Accelerator at Techstars in New York City, where he focused on sourcing and supporting over 20 early stage portfolio companies.
Alex also led mission driven partnerships that provided Veterans, women, and minorities’ better access to the technology industry.
Alex grew up in Miami, Florida and earned his BBA at Florida International University.
We support founders catalyzing the future of their industries.
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Agio is a progressive managed IT and cybersecurity firm with a singular mission: to be the best. They employ best-in-breed technology combined with industry-specific experience, all wrapped in white-glove service. Agio specializes in covering clients in the financial services, health care, and the payment card industries.
Agolo is the world’s most advanced summarization software. Their platform is powered by a natural language processing engine that contextually learns by connecting internal documents, news and cloud storage to create business intelligence summaries in real-time.
AlphaFlow combines deep real estate knowledge, institutional portfolio management practices and data science in a seamless real estate investment without the high fees and high minimums of traditional real estate deals. You make one investment; AlphaFlow builds you a diversified, automatically rebalanced portfolio of real estate loans. It’s that simple.
Apprente is building the next generation of conversational, intelligent, interactive machines leveraging its proprietary neuroscience-based AI technology. Apprente is poised to dramatically improve the customer service industry with their technology, which designs systems that learn progressively.
Cloud9 Technologies is a cloud-based voice collaboration and analytics platform for financial firms and institutional traders. Cloud9 pioneered the industry’s leading SaaS based voice collaboration platform. They are also at the forefront of advanced deep learning techniques that provide actionable insight into trader voice data.
DeepScale develops perception software for vehicles through deep sensor fusion and neural net compression. Founded by Forrest Iandola and his team of world-class AI researchers, DeepScale provides a class-leading perception stack that can run on low-power, commodity hardware.
DotAlign delivers relationship intelligence to “connect the dots” on business opportunities. Their software privately analyzes unstructured data, unlocking relationship insights that fuel new business generation and hiring. DotAlign’s patent-pending approach avoids triggering the usual security anxieties for compliance, IT, and end-users.
DriveWealth offers enterprise partners plug-and-play capabilities to enable U.S. equities investing natively within their applications. Their API kits enable end-customers to consume wealth management services from partners directly, as opposed to purchasing them elsewhere – essentially brokerage-as-a-service.
Extend is a peer-to-peer platform that enables business cardholders to instantly and securely share their credit card with employees and freelancers. They ensure that the original card number is never exposed, and that the cardholder never loses control over how much any one person can spend against a given card account.
Built by the engineers that scaled Twitter, FaunaDB is a transactional database that supports modern applications requiring non-stop, real-time data at scale. FaunaDB is able to automatically scale globally in real-time across any cloud or on-premise, all while maintaining strong consistency and the features necessary for enterprise adoption.
HANetf is Europe’s first independent full service, third-party provider of UCITS ETFs. Their platform provides an efficient and cost-effective method to bring ETFs to market. HANetf offers a turn-key solution to the growing number of U.S. and Asian ETF issuers along with traditional asset managers seeking to enter the European ETF market.
Imperative Execution Inc. created IntelligentCross ATS, a new US equities exchange that delivers superior trading efficiency by reducing execution slippage. IntelligentCross matches orders at discrete times calibrated systematically for individual stocks and modulates trading speed with a machine learning engine to minimize market impact while maximizing liquidity.
Kindur is reimagining financial wellness during retirement. People preparing for retirement are faced with a series of decisions about their income, savings, new lifestyle, and eventual healthcare needs. Kindur gives customers peace of mind with a fully customized, consistent, predictable income for the rest of their lives.
Nav helps small business owners take control of their financial health so they can get more funding, lower their costs and save time. Nav’s marketplace uses a proprietary algorithm and machine learning to analyze the business owner’s data to make product and next best action recommendations.
Pico is a leading infrastructure service provider, focused on today’s global capital markets community. Utilizing ultra-low latency networking and state-of-the-art cloud technologies, their mission is to provide innovative solutions which empower clients to lead the next set of generational advancements in the markets.
Quantopian is a crowd-sourced quantitative investment firm that inspires talented people from around the world to write investment algorithms. Quantopian sources algorithmic trading talent from its global community, selects algorithms that fit its portfolio criteria, and manages externals capital utilizing the algorithms.
From enterprise banks to independent brokerages, dozens of mortgage lenders across the United States trust Roostify to speed up closings, reduce unnecessary work and give their customers a smooth, anxiety-free mortgage experience. Since 2014, Roostify has transacted over billions of dollars in mortgages and helped close hundreds of thousands of home loans nationwide.
SAY is revolutionizing investing and corporate governance by making the shareholder voting right, which has long been unexercised by many shareholders – more dynamic, engaging, and useful. SAY’s mission is to leverage its authenticated investor database to harness the untapped potential of the billions of shares whose ownership rights are unutilized each year.
Spherical Defence is building the next generation of application firewalls to protect financial institutions from cyberattacks. Their critical insight is that the latest deep learning based natural language processing techniques can be applied to model, predict, and detect anomalies in application traffic.
Street Contxt is a knowledge exchange platform for institutional finance that helps build the right relationships between sell-side, independents, and buy-side participants using machine learning. They help sell-side content producers distribute content and personalize coverage, and provide buy-side participants with a personalized content consumption experience.
Tempo created an automated factory that enables designers of electronics goods to iterate designs, test ideas, and develop more products by providing turnkey PCB assembly in as fast as three days. Using a data-driven approach to automate the Printed Circuit Board (PCB) production process, their process vastly reduces manual intervention during production.
TradeIt powers online wealth. TradeIt is the infrastructure that builds, manages, distributes and innovates with the API services for the top financial institutions, globally. They bring the top financial institutions’ customer journey – account opening, account management and stock trading – to the apps where the action happens in a safe, secure, and compliant way.
Press Coverage – 05/18/18
Press Coverage – 05/17/18
Financial Services, Press Coverage
Artificial Intelligence, Press Coverage