On July 9, SixThirty closed the window for the Fall 2017 application cycle and began the process of identifying the FinTech companies that would constitute the Fall 2017 Portfolio. The investment committee had the chance to discuss companies taken from a pool that consisted of over 150 applicants from around the world and across the FinTech landscape.
We’ve looked at our 2016 stats and compared them to what we’ve seen this year and want to share some important trends that we’ve uncovered.
Our data highlighting the Fall 2017 application pool highlights the global nature of our portfolio pipeline:
Compared to what we saw a year ago in Fall 2016:
When it came to industry, we saw a healthy growth in applications from Insurance, Compliance, and Blockchain solutions compared to previous downselects, which is on par with the trends that are seen in FinTech, globally.
The Fall 2017 Portfolio will begin the Fall 2017 Business Development Program in September and will work side-by-side with SixThirty’s corporate partners and broader network that includes executives from some of the nation’s most prominent financial institutions.