www.invesra.com
HQ Location: Boston, Massachusetts
Product Being Demoed: Invesra Personal Investment Manager
Product Launched: October 2007
Metrics: $6M raised, 20 employees, revenues of <$1M, 5K+ users with $25M in assets
How they describe themselves:
Invesra, Inc. provides investment management and retirement planning services to consumers for the management of their retirement assets utilizing sophisticated and objective investment methodologies. Invesra’s service is delivered to banks and credit unions, employer groups, and affinity groups through its proprietary internet platform. The Internet platform is integrated with financial institutions to provide seamless access to the consumer. Invesra, whose management team has extensive experience in leading financial institutions, is a SEC-registered investment advisor. Sunil Bhatia, CEO, founded the company in 2003. It is a private, venture-backed company whose investors include Village Ventures, a network of funds collectively managing over $750 million in portfolio investments. LTSave, Inc. was founded in 2003 and is located in Boston, MA.
What they think makes them better:
Invesra is a personalized, web-based retirement planning and investment management software program and service for Banks, Credit Unions, Affinity Groups, and Plan Sponsors. This easy-to-use program is based on a powerful and sophisticated software engine, and includes the following features:
- Complete lifecycle retirement planning and investment management
- Innovative, secure, customizable, web-delivered technology
- Independent perspective without affiliation with specific funds
- Fast time to market, no software or development investment
- Turnkey program, including investment management, compliance, and marketing support
- Registered investment advisor with fiduciary responsibility
Executives: Sunil Bhatia (Chairman and CEO), Laura S. Alspaugh (Chief Investment Officer), Bill Reich (SVP, Sales), Sanjeev Saxena (VP Development), Jim Gagne (VP Operations), Greg Williams (Director, Product Management)
Contacts:
Bus. Dev. – Sunil Bhatia, Chairman, sbhatia@ltsave.com, 617-357-4600x201
Press – Jill Totenberg, jtotenberg@totenberggroup.com, 212-994-7363
Sales – Bill Reich, SVP Sales, breich@ltsave.com, 617-357-4600x207
|
