Assure Named as the 13th Fastest Growing Company in Utah
October 30, 2018
Rapid revenue growth and achieving $2 billion AUM reflect company’s
forward momentum
SALT LAKE CITY–(BUSINESS WIRE)–Assure, the leading provider of outsourced administrative and
transaction services for the private investment marketplace, was just
named as the 13th fastest growing company in Utah by the MountainWest
Capital Network (MWCN).
Assure, which provides back-office services and innovative technology
that allows clients to structure, close and manage deals more
efficiently, increased revenues by 126 percent during 2018. The company
also recently achieved $2 billion in Assets Under Management (AUM – the
total market value of all the financial assets a company manages on
behalf of its clients). Assure reached the milestone after only five
years, and with unprecedented volume – structuring and managing more
than 3,500 deals, with an average investment value of $500,000.
“Assure’s growth can be attributed to our ability to streamline and
simplify the deal process so our clients can focus on what they do
best,” said Jeremy Neilson, co-CEO of Assure. “We help our clients close
deals more quickly, with greater transparency and an improved investor
experience.”
MWCN annually recognizes the 100 fastest-growing companies in Utah,
which consistently ranks as the best state in the country to do
business. This marks the first time Assure, founded in 2012, has
received the honor.
The Utah 100 is determined by the percentage of revenue increases over
the past four years. The program, which started in 1995, is administered
by MWCN, Utah’s first and largest business networking organization
devoted to supporting entrepreneurial success and dedicated to the flow
of financial, entrepreneurial and intellectual capital.
About Assure
Assure is the leading provider of outsourced administrative and
transaction services for the private investment marketplace. The company
offers professional, high-quality services and innovative software that
streamlines setting up, closing and managing back-office fund
administration for angel and private asset investing. Assure’s
experience and volume significantly outpaces other fund administrators.
Their approach, which allows clients to structure and close deals
faster, cheaper and with more transparency, helped pave the way for the
ascendance of the “super angels,” special purpose vehicles and micro
VCs. The company has worked with more than 200 clients, including
AngelList, EquityZen, Equidate, Tribeca Angels, Bitwise and Village
Global, structuring and closing over 3,500 deals with $2.0 billion
assets under management. Assure offers a full suite of services
including special purpose vehicle administration, fund accounting and
fund taxes, cryptocurrency fund administration, Exempt Reporting Advisor
(ERA) services, KYC/AML services, and 506(c) accreditation. For more
information about Assure, visit www.assure.co.
Contacts
Press Contact for Assure:
Chris Thomas
801-481-9482
cthomas@intrepidagency.com