Featured Company: TickerMine
Web Site: www.tickermine.com
Headquarters: San Francisco
Year Founded: 2007
Founders: Casey Ryan, CEO; Maureen Ennor, COO; Sean McKenna, Board Member; Andy Jenks, Technical Adviser/Board Member
Investors: Friends and Family
Company News: www.tickermine.com/pages/press-releases
*Updated 6/17/08
By CaseyRyan, CEO
TickerMine is a collector of real-time channel and point-of-sale market data. The company allows its customer base to integrate TickerMine’s real time data into current analysis of stock investment ideas, or a portfolio review. Data can also be used by business professionals to track competitors, identify trends, or spot new opportunities in the market that are being revealed daily at the point of sale.
TickerMine was founded by me and three additional partners who were experiencing the significant changes in the financial research industry on a first hand basis. Before founding TickerMine (and currently serving as CEO), I worked as a sell side equity research analyst. While working at Wells Fargo Securities and then Nollenberger Capital Partners, I saw the strong need for primary data on the companies and industries that I covered. The ability to source accurate, real-time information did not exist in equity research departments and the money to hire outside consultants did not exist, as trading commissions were squeezed and revenues for broker dealer firms fell between 2000 and 2007.
My partners and I developed a method to collect large sets of primary point of sale data, efficiently and cost effectively. The view became one of offering this valuable service to the broader financial community with the belief that if analysts needed this type of data it meant that most investors and money managers needed the data as well.
TickerMine was formed in March of 2007. During 2007 and early 2008 the TickerMine team built out and improved the large scale research processes. The company also completed work on its subscription web site, www.tickermine.com. TickerMine was announced to the world on March 11, 2008, and we anticipate growing our subscriber base to 15,000 to 20,000 members over the next three years.
We offer strong feedback channels for the company to add research of interest to subscribers and also provide proprietary data sets to customers seeking out private research. In addition to the web presence, we have found opportunities in creating audio and video content for third parties.
Today, TickerMine operates with six full time employees and employs another seven independent contractors. We are currently seeking to add senior business development professionals to our team. We are also looking to add software engineers to build out new features in the data collection process, and we are seeking to add a senior level financial professional.We are closing our “Friends and Family” round of financing in June and will begin seeking “seed” round funding from Angel groups and early stage venture capital firms this summer.
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