Meetyl Passes Milestone with 1,000+ Investment Firm and Company Users; Version 2.0 Ready to Release
Companies and institutional investors rapidly adopting platform to directly connect for meetings and non-deal roadshows
SAN FRANCISCO, May 25, 2016 /PRNewswire/ -- Meetyl, the leading global web-based platform for corporate access, today announced that professionals from over a thousand individual companies and institutional investment firms are using Meetyl for corporate access activities. This accomplishment comes just four years after the firm was founded in late 2012 and confirms the strong interest in Meetyl's intelligent and secure process for directly connecting companies with the right investors.
"It's wonderful to reach this milestone and see the enthusiasm among companies and investors for a more direct approach to corporate access," notes Jeffrey Tha, CEO of Meetyl. "We think this is a recognition that Meetyl's vision of streamlining the process and helping users find the right meetings is not just a concept but an established tool, utilized regularly to drive more value from investor relations programs."
The 1,000 current users include approximately 500 companies, from all market capitalizations and across all sectors, plus 500 investment firms, from larger pension and sovereign wealth funds to smaller registered investment advisory firms. Many investment firms and companies have multiple users signing on from different parts of the world. Thousands of engagement requests are being processed on the platform annually and the number of confirmed meetings has also grown along with the user base. The company expects continuing rapid growth as new companies and investors sign up and meetings and road shows are scheduled across 30+ cities worldwide.
Meetyl is also preparing to release version 2.0 of its software in time for the National Investor Relations Institute (NIRI) annual conference in San Diego on June 5, 2016. After three years of usage and direct feedback from clients, Meetyl is continuing to invest significant resources into staying at the forefront of direct engagement technology. "We have a product unlike any other in the market today and our quality of data and direct connections continue to improve as more users adopt the product into their workflow," notes Tha. "After nine months of planning and implementation, we're excited to be releasing this new software version for the market."
ABOUT MEETYL
Meetyl is changing the way institutional investors and companies engage with each other to schedule everything from individual meetings to non-deal road shows. The Meetyl platform – a global, web-based service that is private and secure – helps companies find and directly connect with the right investors.
Based on a live community of users who update their profiles and preferences, the Meetyl proprietary algorithm provides users with the carefully screened list of best-fit meetings, and then efficiently helps coordinate schedules, send invitations and track success. Meetyl helps increase returns from investor relations programs and avoid the conflicts and inefficiencies sometimes associated with traditional intermediaries. Meetyl is headquartered in San Francisco with employees in the U.S., UK, and Ireland, and is a wholly-owned subsidiary of Glass, Lewis & Co.
For more information please visit www.meetyl.com.
Copyright © 2016 Meetyl LLC, All rights reserved.
Contact: Martin Lion
(415)738-4106
SOURCE Meetyl
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