EverQuote Wins Two Gold LeadsCouncil LEADER Awards for 2017

Cambridge, MA  |  March 22nd 2017


EverQuote Inc., the leading online auto insurance marketplace in the U.S., is proud to announce it has won two Gold Awards in LeadsCouncil's 2017 LEADER Awards' voting. The company has been recognized with Gold Awards for "Best Marketing Agency" and for the second consecutive year, "Best 3rd Party Lead Generator" in the insurance category.

LEADER Awards winners are determined by LeadsCouncil members through a voting process in which insurance agents across organizations and carriers recognize partners with the largest impact on their agencies. These awards showcase EverQuote's continued dedication to delivering best-in-class lead quality, with a focus on intelligently connecting insurance providers with the right consumers to efficiently grow their books of business.

"Our success is solely dependent on the success of our partners and customers. That's why we're adamant about matching and connecting real-time insurance shoppers with insurance agents that can help them immediately. This creates a win-win-win situation," said John Tawadros, Chief Operating Officer at EverQuote. "Insurance agencies across the country have voted, and selected EverQuote as the best partner in their insurance industry, and that speaks volumes. We remain committed to providing exceptional value to our existing and future partners."

These awards put an exclamation point on a huge year for the company, as it raised $36 million in Series B funding and launched its new safe-driving app, EverDrive. EverQuote was also recognized by the Boston Globe as one of Boston's best places to work and one of the fastest growing companies in the nation by Inc. Magazine.

EverDrive by EverQuote

To learn more about EverQuote Pro for Agents, visit www.EverQuote.com/Pro or call 844-707-8800.

About EverQuote - Founded in 2011, EverQuote, Inc. operates the largest online insurance marketplace. The company's data & technology platform unites drivers with agents and carriers to deliver great rates and coverage while maximizing policies sold for insurance providers. EverQuote was founded with the vision of applying a scientific, data-driven approach to help consumers find the best price and coverage for their individual insurance needs while driving down costs for insurance providers. For more information, visit EverQuote.com and follow on Twitter @EverQuoteInsure.

About LeadsCouncil - The LeadsCouncil is an independent association, whose members are companies in the online lead generation industry from buyers to sellers, technology solution providers and investment professionals. All members are united in a common goal of promoting best practices and fostering trust regardless of vertical.

Contact: Ryan Ruffing | 617-206-6561 | rruffing@everquote.com

(Originally published on Live 5 News & PR Newswire)

VestmarkONE(R) Robo Solution Wins 2017 BISA Technology Innovation Award

Wakefield, MA  |  March 14th 2017

Vestmark is pleased to announce that the recently launched VestmarkONE Robo Solution won the 2017 Bank Insurance & Securities Association (BISA) award for Best Technology Innovation Solution. Announced at the Annual Convention held March 7-10, 2017 at the Diplomat Beach Resort in Hollywood, FL., the award recognizes leadership in the advancement of the financial services industry's products, services, and platforms through technology innovation.

The VestmarkONE Robo Solution was officially launched as a turn-key offering last October and currently operates as the engine behind one of the industry's largest robo platforms. Built to support a range of investment programs, the solution enables wealth management firms to leverage the most effective aspects of both human and automated advice delivery. In contrast to many available robo offerings, the VestmarkONE Robo Solution is a comprehensive platform that leverages each organization's current suite of advisory offerings and is easily managed alongside mutual fund advisory, ETF advisory, SMAs, UMAs, and advisor-directed programs.

"At Vestmark, we believe the future of financial advice is about arming the advisor with a broad array of technology resources, as well as making information and tools available to the client in an intuitive and compelling way," said Rob Klapprodt, President of Vestmark. "For this reason, our robo platform enables advisors to augment their practices with the tech they need to scale their practice and strengthen their client relationships. We're thrilled that the Bank Insurance & Securities Association has recognized the innovation we bring to the market and look forward to our continued partnership." Further details about the BISA Technology Innovation Award and a full list of the 2017 recipients can be found on BISA's website. For more information on the VestmarkONE Robo Solution, please visit Vestmark's website here.

About Vestmark

Vestmark is a leading provider of wealth management solutions, headquartered outside of Boston, MA. Founded in 2001, Vestmark's mission is to enable investors to better their financial well-being. We do this through delivering technology and services that enable financial institutions and advisors to deliver holistic advice in line with investor objectives. We service over 40 institutions, 25,000 advisors, over $600 billion in assets, and 2 million accounts. For more information about Vestmark's solutions, email inquiry@vestmark.com or visit www.vestmark.com

(Originally published on Marketwired)

Mira Wilczek Named President & CEO of Cogo Labs

Cambridge, MA  |  February 23rd 2017

We are excited to announce that Mira Wilczek has been named the new President & CEO of Cogo Labs. Dave Blundin, Cogo's previous CEO, will stay on as Chairman of the Board of Directors. Wilczek will also continue her role as Senior Partner at Cogo's parent company, Link Ventures.

"Mira embodies all the traits that we seek at Cogo - smart, technical, enthusiastic, practical, organized," Dave said in his announcement to the company. "Most importantly, our ever-expanding ecosphere of constituents--our dozen CEOs and aspiring CEOs, our co-investors, our senior mangers, our friends outside the building--all trust her and believe in her. This makes Mira the perfect embodiment of our Cogo values and our ideal leader."

Mira Wilczek

As Cogo's Entrepreneur-in-Residence, Mira built and led Minerva Analytics, an internal Cogo team focused on building online communities through a combination of rapid-development web property tools, scalable user acquisition, and extensive competitive and performance analysis using Cogo's extensive data warehouse.

"A startling fact about Cogo and our spin-out companies is that over 90% of our people were not previously at internet companies - and that includes Mira herself," Dave continued. "A large part of our success can be traced back to our ability to teach and nurture people who come from diverse non-internet technical backgrounds and help them become internet leaders. Mira's ability to encourage and inspire will enable us to continue that trend as we dramatically expand our scale."

Before coming to Cogo, Mira was founder and CEO of Red Panda Security, a research consultancy specializing in mobile behavioral analytics, Principal Investigator under the DARPA CFT program, and Director of Business Development at Lyric Semiconductor, where she garnered industry recognition including TR50, Silicon 60, and an EE Times ACE Award and led the successful sale of the company to Analog Devices.

Mira also holds patents both granted and pending in the fields of cyber security and sensor data fusion. She holds an S.B. in Electrical Engineering and Computer Science from MIT, as well as an MBA from the MIT Sloan School of Management.

As seen on Cogo's Blog here.

CareDash Lands $2M for Online Doctor Rating & Review Platform

Cambridge, MA  |  February 9th 2017

CareDash.com, an online doctor review and rating portal, has secured nearly $1 million in venture debt financing and an additional $1 million line of credit led by Link Ventures, a Cambridge-based investment firm focused on internet and technology companies. With this new investment, the Cambridge, MA-based company plans to increase consumer awareness of the brand as a resource dedicated to transparency in the doctor review industry with a steadfast promise to reject payments from doctors seeking to remove and hide negative reviews, a widely-used industry practice.

Launched in 2016, CareDash makes doctor and hospital information more accessible, inclusive and transparent. Provider ratings and patient reviews on CareDash make it easy for consumers to make informed decisions about their health. Simply search for doctors by name, specialty or location, then review a list of providers who meet your search criteria.

Unlike other doctor review sites, CareDash does not influence, suppress or remove negative reviews in exchange for payment from providers. Unbeknownst to patients, existing doctor review sites accept payments from doctors to remove and hide negative reviews. CareDash also services more patients in the low-to-middle income range than leading patient review sites – many of whom have traditionally been ignored and underrepresented in this space.

“We started CareDash with the mission to arm patients with the transparent information they need to take charge of their healthcare,” said Ted Chan, founder and CEO, CareDash.com. “It’s one thing to eat a bad meal at a restaurant because a review was suppressed in exchange for compensation; it’s quite another to manipulate the healthcare information available to patients.” This latest round of funding from Link Ventures builds upon an exceptional year for CareDash which saw exponential growth of ratings and reviews, in addition to several key executive appointments. Link Ventures’ focus on market intelligence and corporate services will enable CareDash to continue improving the patient healthcare experience.”

CareDash currently features more than 30,000 reviews and ratings. The company generated $6.7 million in revenue in 2016 and previously raised $500,000 in seed capital.



2016 Milestones Position Vestmark as 2017’s Leader in Wealth Management Technology

Wakefield, MA  |  February 6th 2017

As 2016 drew to a close, Link Ventures was pleased to add Vestmark, Inc. to its growing portfolio. The addition was accomplished through a special purpose vehicle (SPV) that allowed Link to participate in Vestmark’s Series 9 fundraising round. The investment capped an exciting year for the leading SaaS provider of wealth management technologies, which today services over 2 million investor accounts representing over $600 billion in assets.

Summit Partners

In addition to achieving rapid client growth and laudable industry recognition in 2016, Vestmark closed a $30 million dollar investment with Summit Partners, a global growth equity investor. Summit has invested in over 400 companies in technology, healthcare, and other growth sectors, leading to more than 135 public offerings and 150 acquisitions. Christopher Dean, a Managing Director of the firm, explained that “Summit has a history of backing market-leading innovators in many different industries.” He added that their investment in Vestmark allows them “to support an exceptionally innovative company, one that is truly helping to advance the delivery of critical financial advice.”

Link welcomed the opportunity to supplement the Summit-led funding round through its SPV. The additional funding enhances Vestmark’s ability to maintain its rapid growth pattern, and to explore additional avenues for expansion. As mentioned in the company’s press release, its “goal is to enable top tier financial institutions to scale delivery of their advice across all channels and client relationships.” John Lunny, the CEO of Vestmark, stated that he and his team “will continue to set the standard for financial technology innovation as [they] advance [their] offering and address new markets.” A key member of that team is CFO Tiffany Freitas, who was named one of Boston Business Journal’s 40 under 40 for 2016.

Against the backdrop of last year’s milestones, Link Ventures looks forward to a strong relationship with Vestmark during 2017!


Link Ventures Co-hosts First MITAAB Founders Mixer

Cambridge, MA  |  January 27th 2017

Link Ventures and Cogo Labs recently co-hosted the inaugural “Founders Mixer” of the MIT Alumni Angels of Boston. Held in Cogo’s expanded Kendall Square office space, the event brought together dozens of MIT alumni who have founded high-tech start-up companies. Along with members of the Link Ventures executive team, other invitees included select investor members of MITAAB and Boston-area innovation ecosystem connectors. The networking opportunities among entrepreneurs were as ample as the food and drink they enjoyed. The evening included an informative “fireside chat” between Link Ventures partner, John Roland, and MITAAB co-founder, Wan Li Zhu. Their conversation and the lively Q&A session that followed addressed best practices for using data and analytics to build successful start-up companies (as Link and Cogo have done repeatedly).

Cogo Labs Second Floor Space

MITAAB was formed in 2014 after Zhu and his co-founder, Ishan Sachdev, recognized the importance of utilizing personal and professional bonds to connect the growing circles of start-ups and investors with connections to MIT. Their Boston-area association is deeply rooted in the MIT alumni network and requires members – whether angels, founders or both – to have at least one direct affiliation with the Institute. Not coincidentally, Link’s and Cogo’s co-hosting of the Founders Mixer came about through the MIT graduates on their teams (e.g., Dave Blundin, Mira Wilczek and Matt Rita). Based on the success of that recent event, Link Ventures and Cogo Labs look forward to ongoing collaboration with MITAAB and its membership.

Fireside Chat with John and Wan Li

EverQuote Closes $23 Million Series B Funding To Rapidly Scale Personal Risk Marketplace

Cambridge, MA  |  December 12th 2016

EverQuote, Inc., the leading insurance marketplace, today announced that it closed a $23 million dollar Series B investment led by Maryland- based Savano Capital Partners, with participation from Stratim Capital, Oceanic Partners and T Capital Partners. EverQuote will use the funding to further accelerate growth by increasing its investment in sales and product development. It will also afford the company greater flexibility to continue development of its personal risk marketplace. Founded in 2011, EverQuote utilizes proprietary technology and data to match, advise and connect insurance shoppers with carriers and agents, both online and offline. EverQuote’s customer base includes many of the largest U.S. underwriters, and over 5,000 insurance agencies. Since inception, EverQuote has grown to 5 million consumer visits per month and made over 50 million referrals resulting in over $3 billion of premiums for carriers and agents and an estimated $500 million in savings for consumers.

In a fiercely competitive market, insurance carriers and agents are shifting advertising spend away from broad-based media to measurable online channels. EverQuote’s intelligent technology engages active shoppers best matching carrier and agents’ underwriting strengths, reducing the cost of consumer acquisition. For consumers, EverQuote is the most efficient tool to shop and save on insurance with the most complete set of product options.

In 2016, EverQuote launched EverDrive, a free iOS and Android safe driving app for social insurance engagement. EverDrive helps consumers identify and correct their potentially costly, and deadly, driving habits. At scale, EverDrive will create a safer driving population resulting in fewer claims and losses, and ultimately lower cost insurance for consumers. EverDrive represents the first step in EverQuote’s development of a personal risk marketplace to make consumers safer while saving money. "We’re incredibly excited about EverQuote and the opportunity to partner with Seth and his team. EverQuote is the premier online marketplace partner for insurers,” said Tom Smith, Managing Director of Savano Capital Partners. “Its proprietary technology and targeted approach create a compelling value proposition for carriers, agents and consumers in a notoriously inefficient market. We’re confident that EverQuote is poised for many years of continued growth and look forward to serving as the company’s investment and capital partner along the way."

“We have experienced tremendous growth the past three years, and this funding will help EverQuote continue to grow quickly while we develop a unique personal risk marketplace for consumers and insurance providers,” said EverQuote CEO, Seth Birnbaum. “There’s a vast opportunity in unifying our proprietary technology and data with information from increasingly connected consumers to become the trusted source for risk related products and services online.” "We are very excited to make one of Stratim's largest investments to date in EverQuote,” said Zach Abrams, Managing Partner at Stratim Capital. “We focus on investments in market leading growth-stage companies and EverQuote’s market leading technology platform, customer analytics and experienced management team are perfect for the Stratim Growth Fund." About EverQuote

Founded in 2011, EverQuote, Inc. operates the largest insurance marketplace. The company’s data & technology platform unites drivers with agents and carriers to deliver great rates and coverage while maximizing policies sold for insurance providers. EverQuote was founded with the vision of applying a scientific, data-driven approach to help consumers find the best price and coverage for their individual insurance needs while driving down costs for insurance providers. For more information, visit EverQuote.com and follow on Twitter @EverQuoteInsure.

Media Inquiries: Ryan Ruffing press@everquote.com 617-206-6561

Brinker Capital completes implementation of VestmarkONE® to improve advisor experience and accelerate business growth

Wakefield, MA  |  December 7th 2016

Vestmark’s groundbreaking unified managed account (UMA) technology helps Brinker Capital to accelerate advice distribution and improve investor outcomes

Vestmark, the leading provider of Unified Wealth Management® solutions announced that Brinker Capital, a leading investment management firm focused on multi-asset class investing, has completed implementation of the award-winning unified wealth management technology platform VestmarkONE® to improve scale and the delivery of Brinker Capital’s UMA program across 62,000 accounts and 3,800 advisors. Today, the solution services $16.4 billion for the firm.

VestmarkONE® enables Brinker Capital to improve the advisor experience and drive home office efficiency by providing access to third-party managers and granting flexibility to construct and report on customized portfolios in line with investor objectives. The platform’s support for UMAs enables Brinker Capital to flexibly integrate SMA managers and strategies, equities, as well as ETFs and mutual funds into a UMA account structure.

“A key component of Brinker Capital’s investment philosophy includes meaningfully blending active and passive investment strategies,” said Avery Cook, CIMA®, Senior Vice President of Managed Products and Solutions at Brinker Capital. “The VestmarkONE® technology supports our Core Guided program, which includes active fixed income SMA managers. Fixed income in UMAs are mostly mutual funds or characteristic-based model delivery, investors now benefit from active SMA fixed income management which is important during times of interest rate uncertainty.”

“By partnering with Brinker Capital we are able to offer advisors an end-to-end solution that ultimately helps investors achieve their wealth goals,” said John Lunny, Chief Executive Officer of Vestmark. “For almost 30 years, Brinker Capital has delivered investment products that enable advisors to fulfill the investment needs of their clients, and this partnership enables both parties to continue to carry out this mission. We look forward to our continued collaboration and to finding new ways to drive advisor efficiency.”

“Brinker Capital selected Vestmark not only because of the industry leading UMA functionality the platform supports, but also their commitment to continuous innovation,” said Brendan McConnell, Chief Operating Officer at Brinker Capital. “Vestmark has a strong culture and proven ability to deliver engaging technology solutions that provide better outcomes to advisors and their clients.”

About Brinker Capital

Since 1987, Brinker Capital has provided investment solutions based on ideas generated from listening to the needs of advisors. From being a pioneer of multi-asset class investments to using behavioral finance to manage the emotions of investing, our disciplined investment approach is the key to helping investors achieve better outcomes.

Learn more at www.BrinkerCapital.com.

Brinker Capital, Inc. is a Registered Investment Advisor.

About Vestmark, Inc.

Vestmark is the premier technology provider for comprehensive unified wealth solutions utilized by financial advisors and institutions. Vestmark provides VestmarkONE®, the award-winning technology platform, to help clients gather more assets, increase operating efficiency, and minimize risk. Founded in 2001, Vestmark continues to rapidly expand and the platform supports over 1.5 million accounts representing over $600 billion in investor assets.

For more information about Vestmark's solutions, call (781) 224-3640 begin_of_the_skype_highlighting, email inquiry@vestmark.com, or visit www.Vestmark.com.

EverDrive Buzz: Why You Should Start Competing with Friends

Cambridge, MA  |  November 17th 2016

It’s amazing what a little competition can do! Start competing with friends on EverDrive today and create your own shared leaderboard to find out who the better driver is.

Why compete?

When we consider that the National Safety Council recently announced that traffic fatalities have increased 9% in the first half of 2016, compared to the same time period last year—it’s clear that we need safe drivers now. However, first we need to want to change. Motivation and competition go hand in hand. Competition has been proven to help motivate us and boost our performance. One study found that rivalry—essentially competition with someone we know instead of a stranger—pushes us to succeed even more.

Do you want to become a safer driver? Who doesn’t? Compete with your friends, spouse, son or daughter. We all can benefit from driving better behind the wheel.

EverDrive Friends Leaderboard enter image description here

Proof is in the numbers

Apps can change our behavior for the better. Over the course of the two-month Safe Driving Challenge, we saw that EverDrivers who consistently used the app improved by 30% across all categories and decreased their phone use on the road by 37%. Those are the kinds of numbers we want to see. Considering that many of us drive over 13,000 miles and spend 280 hours behind the wheel each year, it’s important that we all become safer drivers on the road now.

Not to mention, competition is practically wired into us. We want to compete and a little friendly contest can boost our performance by motivating us to do more. EverDrive measures your driving skills to keep you and others safe on the roads and show you where you can improve.

Are you someone that thrives off of competition or do you enjoy anonymity? With EverDrive, you can compete in your town, city or state leaderboard or set up a challenge with your friends to determine the pool of competition.

Tips to win:

  • Brake gradually.
  • Keep your phone down. (Absolutely no excuses! Set up that GPS before you put the car in drive.)
  • Don’t accelerate too harshly.
  • Take those corners carefully.
  • Don’t speed. Have patience. You’ll get to your destination when you get there.
  • Have some fun! Stay calm and enjoy the drive. Driving while stressed certainly does not improve your driving skills.

Distractions surround us everywhere on the road. Improve your driving skills today and get motivated with some friendly competition. Use this as an incentive to drive safer and help encourage those you know to do the same. So, what are you waiting for? Challenge friends today and get driving to the top of the leaderboard. Start your engines—ready, set, go!

Vestmark CFO Named to Boston Business Journal’s 2016 40 Under 40

Wakefield, MA  |  October 28th 2016

Vestmark is pleased to announce that its Chief Financial Officer, Tiffany Freitas, is an honoree of the Boston Business Journal’s 2016 40 Under 40 list. This award recognizes Freitas’ strong leadership and positive contributions to Vestmark and her local community.

Freitas returned to her hometown of Boston last year with an extensive history in helping technology companies across the globe attain market leading positions and sustained profitability. Since joining Vestmark, Freitas has helped create almost 100 jobs at the company, raised a $30 million investment from growth investor Summit Partners, and has set the stage for future corporate expansion into new markets and new regions. Prior to joining Vestmark last year, Tiffany held leadership positions at Disney Interactive and Bain & Company.

Outside the office, Freitas is an outstanding civic leader. She co-founded award-winning fitness hotspot, Tread, a growing fitness franchise dedicated to health and personal empowerment. She and her business partner raise awareness and funding for local charities and provide mentorship for youth in the community. She also works to restore and revive homes and commercial buildings in her native Reading community. Freitas holds a BA from Barnard College and MBA from Harvard Business School.

“We’re thrilled that the Boston Business Journal has recognized Tiffany for her remarkable corporate and community leadership roles,” said John Lunny, CEO of Vestmark. “Tiffany is the embodiment of what the 40 under 40 award stands for. Her positive energy, strategic vision, and unwavering commitment to Vestmark have made a tremendous impact to our workplace.”

Each year, the Boston Business Journal recognizes 40 accomplished leaders under the age of 40 who make a significant impact on Massachusetts as a result of their professional and community contributions. This year's Boston Business Journal 40 Under 40 honorees are all young and extremely talented professionals. As a group, they represent a wide variety of business industries in the for-profit, nonprofit and government sectors. As individuals, they are the definition of overachievers — each already making a significant, positive impact on Massachusetts as a result of their professional and community contributions. The 40 recipients were narrowed down from over 300 nominations and will be honored at an evening ceremony in late October.

Vestmark is the premier technology provider for comprehensive unified wealth solutions utilized by financial advisors and institutions. Vestmark provides VestmarkONE, the award-winning technology platform, to help clients gather more assets, increase operating efficiency, and minimize risk. Since 2001, the platform has grown to manage over 1.7 million accounts, representing over $550 billion in assets under management.