SAN RAFAEL, Calif., June 20, 2017 /PRNewswire/ -- BaseVenture announced today that it won the 2017 Red Herring Top 100 North America award, in recognition of North America's most exciting and innovative private technology companies. BaseVenture earned this award for the second consecutive year, which has only happened a handful of times over the past few years.
BaseVenture was selected by Red Herring for the Top 100 North America Award based on the company's innovative cloud-based technology platform that is transforming the way that private funds (hedge, private equity, venture capital, real estate, etc.) are administered and managed.
BaseVenture's award-winning "FundManager.io" platform provides a modern solution for dynamic investor reporting, document management, communication and key process automation. Fund administrators that use FundManager.io benefit by winning new clients while improving the quality of service to their current clients and investors, increasing their efficiency and margins and better tackling compliance and regulatory challenges. Fund Managers that use FundManager.io benefit by improving the relationships with their investors and reducing their administrative burden.
John Pizzi, CEO of BaseVenture, said, "We are proud to again be named a winner of the Red Herring Top 100 North America award. We join an exclusive group of companies that have been honored by receiving this award in consecutive years. I want to thank our clients and partners for their support and our incredible employees for their hard work and dedication. Winning the Red Herring Top 100 North America Award in both 2016 and 2017 showcases the immense impact our company is having in transforming the technology landscape of the Alternative Investment industry."
Red Herring's editors have been evaluating the world's startups and tech companies for over two decades. It gives them the ability to see through the industry's hype to pick firms that will continue on a trajectory to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter and YouTube have all been singled out in Red Herring's storied history.
2017 winners ran the gamut of verticals, from FinTech and marketing to security, IoT and many more. Companies were judged by industry experts, insiders and journalists on a wide variety of criteria including financial performance, innovation, business strategy and market penetration.
"2017's crop of Top 100 winners has been among our most intriguing yet," said Alex Vieux, Chairman of Red Herring. "North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies here in California, which is in many ways the heartland of the industry, has been a thrilling experience."
"What has excited me most is to see so many people forging niches in high-tech and cutting edge sectors," added Vieux. "Some of the technical wizardry and first-rate business models showcased here at the conference has been fantastic to learn about. We believe BaseVenture embodies the drive, skill and passion on which tech thrives. BaseVenture should be proud of its achievement - the competition was incredibly strong."
BaseVenture is a SaaS platform that simplifies and automates the management and administration for the more than 40,000 private funds (private equity, real estate, hedge funds and venture capital) in North America. Fund Administrators, Private Banks, and Fund Managers that use our "FundManager.io" platform stop worrying about their operations and have more time to focus on driving growth for their investors. Learn more at www.baseventure.com.
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