Tusk Ventures Marks One Year Anniversary
Growth and impact define inaugural year for first-of-its kind strategy firm
NEW YORK, Aug. 15, 2016 /PRNewswire/ -- Tusk Ventures, the nation's first political strategy firm focused solely on helping startups navigate the political and regulatory hurdles that come with disrupting entrenched industries, marked its first anniversary today. As the first political consulting firm to implement an equity for service model, Tusk has chartered new ground in creating a successful model of engagement for the countless startups facing regulatory, political and communications issues critical to their success.
In just one year, the firm has taken on nineteen portfolio companies across ten sectors including healthcare, fintech, education, transportation, gaming and consumer services. Some notable portfolio companies include Acre Designs, AltSchool, Booster Fuels, Eaze, FanDuel, Flip, Handy, Kickback, Lemonade, MeterFeeder, Nagare Water, Noble Markets, Rejuvenan Health, Ripple and ZenDrive.
"For startups aiming to disrupt traditional industries and impact the way we work and live, hitting regulatory hurdles along the way is inevitable," said Bradley Tusk, Founder and CEO of Tusk Ventures. "As we continue to grow and evolve our services, we look forward to continuing to support high-growth, high-impact companies achieve success and usher in the next generation of disruptive technologies."
Highlights from the year include:
Expansion: Opened three new offices in Chicago, Cambridge and Miami.
Business Growth: Experienced an average 50% quarter-over-quarter growth with year-over-year growth of over 600%.
Headcount: Added 6 employees, doubling our size.
Fantasy Sports for the Win!: FanDuel and DraftKing's efforts to legalize their activities in states across the country got a major boost with wins in 8 states this year, most notably New York where Tusk ran the grassroots effort.
Expanded our Expertise: Launched new Political Due Diligence practice area to provide immediate and long-term expertise and guidance to REITs, banks, asset managers and private equity funds seeking to make investments in properties or businesses where potential political risks exist at the local, state or national level.
Shaping Public Discourse & Engagement:
- Innovation Lanes: Created a structure to help Governors and local leaders re-design state regulatory processes to allow startups to move forward with new technologies and ultimately accelerate job creation.
- First 2016 Candidate Report Card: Partnered with the tech policy group Engine to create first-ever report card grading the 2016 presidential candidates - pass or fail - on issues critical to startups and technology including: encryption, patent reform, STEM education, high-skilled immigration reform, the gig economy, net neutrality and broadband access.
- Launched and expanded several robust thought leadership channels to create a dialogue and raise awareness of issues impacting startups and tech: Tusk Journal and weekly column Art of the Possible with Inc. magazine as well as BT's Blog.
For more information: www.tuskventures.com.
About Tusk Ventures
Tusk Ventures is the first political strategy firm focused primarily on helping startups navigate the political, regulatory, and media hurdles that come with reshaping entrenched industries. Tusk's investment professionals and in-house team of political and regulatory experts partner directly with high-growth companies entering highly regulated sectors and work with them to accomplish their goals through direct advocacy, campaign management, narrative development and strategic execution.
Contact:
Michaela Balderston
Phone: 703-405-5895
Email: [email protected]
SOURCE Tusk Ventures
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