Some of its notable investments include Lyft, Box.com, jet.com, Uber, Snapchat, Figma, Doordash, and Agora. Cookies Policy In travel, TripActions, a corporate travel management software startup that lost 95% of its business as a result of the pandemic, recently secured $125 million to keep the company afloat. Coatue is based in New York City and has several other offices around the globe. Investor: HQ: New York, NY, US: Founded: 1999: Size (employees) 118 (est) Website: coatue.com: Cybersecurity rating: B More: Coatue Management was founded in 1999 and is headquartered in New York, NY, US. Connecting Investors. The Austin, Texas-based company had most recently raised a $60 million series C led by Coatue in August 2019, which had given the company a $360 million post-money valuation. Coatue Management is a hedge fund with 31 clients and discretionary assets under management (AUM) of $25,781,041,417 (Form ADV from 2020-05-21). Key People/Management at . Their last reported 13F filing for Q3 2020 included $19,053,389,000 in managed 13F securities and a top 10 holdings concentration of 51.01%. You may disable cookies through your internet browser settings, however this may result in some parts of the website not working properly for you. Dec 17, 2020. www.orrick.com . Copyright © 2016-2021 CompassList Pte Ltd. All rights reserved. En savoir plus. | But the company appears to have been on rocky ground even before the pandemic. and Shakers, The Now, the company is shutting down, its CEO and founder Kurt Rathmann tells Forbes. William Ford . Copyright © 2016-2021 CompassList Pte Ltd. All rights reserved. cookies. Subscribe now to continue accessing our full range of Launched in 2014, ScaleFactor offered software that automates back-office tasks including bookkeeping and payroll. The Company provides fund management and investment advisory services. operates as an investment advisory firm. It charged its more than 1,000 business customers a flat fee for its software, with packages starting at around $6,000 and reaching as high as about $30,000 a year — a revenue stream that has now dried up as small and medium-sized businesses have had to cut their own costs. I previously reported for The Real Deal, where I covered WeWork, real estate tech startups and commercial real estate. Investor Day 2020 . Secure and cloud-based. At Coatue Walter was responsible for all business development and investor relations activity across Coatue’s hedge fund and private equity platforms globally. | About Our Data. Threads and Yarns. From 2009 through 2015, Walter was a Partner at Trian Partners, a $10bn Activist manager, where he led all marketing and investor relations activity globally. Copyright © 2016-2021 CompassList Pte Ltd. All rights reserved. corporate family. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. moments. Before arriving in the U.S., I was a police reporter in Australia. Big Austin Nissly, Founder of Keystone Investors. Investor Relations at Coatue Management Greater New York City Area 500+ connections By the end of last year, software startup ScaleFactor had emerged as a buzzy financial services company, raising $100 million in 12 months from big-name investors including Bessemer Venture Partners and Coatue Management. Policy which provide additional information about how we process your data. Reconduction du mandat du Directoire de Wendel. Orrick Advises Coatue Management as Lead Investor on $44 Million Series A Financing of Berlin ... Berlin-based Gorillas Technologies GmbH developed a platform intended to bring everything from groceries to home care to the customer's doorstep in ten minutes. As a freelancer, I've also written for The New York Times, Associated Press and other outlets. Mr. Ford joined General Atlantic in 1991 and became CEO in 2007. Coatue Management was founded in 1999 and is based in New York City. It is run by Philippe Laffont, who founded the hedge fund after leaving Tiger Management in 1999. Tweet. Report incorrect company information . To calculate this, we calculate the cost basis of added positions in each quarter and use that to calculate the total profit and returns for each quarter. Please make sure you have entered your payment details correctly. London Stock Exchange at (GMT) 68.00 GBp +0.70 (+1.04%) Share price information; Sustainability Certifications. CEO Kurt Rathmann says ScaleFactor lost 50% of its revenue as a result of Covid-19. Already have a Lister Premium Account? Its Beijing office was set up in 2014 and has since invested in several notable Chinese startups, including Didi Chuxing, Mafengwo and Kuaikan … Rathmann acknowledges the decision may have affected his business once the pandemic hit, as customers demanded more human relationships, rather than automated services. Actualités du Groupe. Emil … Investor relations Whether you’re looking to raise assets, managing relationships, strategy and communication planning or just keeping tabs on the competition — we’ve got you covered. The firms are among several with ties to Tiger Management to put up strong numbers last month — and throughout 2020. Earnings Releases. Viewing summary data as a guest Sign up for free to see all data. Read more. | Step, a financial services company built for teens and families, has raised $50 million in Series B funding. Or try again in a few moments. Corporate Development … Privacy Policy Your sample has been sent. Lire plus. Please check your email. | I previously reported for The Real Deal, where I covered WeWork, real estate tech startups and commercial real, I'm a staff reporter at Forbes covering tech companies. Investor Relations. The announcement stands in contrast to the company’s position until recent days: just last week ScaleFactor had issued a post on LinkedIn that said it was hiring; one new employee, a senior user experience designer, posted last week on LinkedIn that he was “stoked” to be joining the company. Some technology firms that enable remote workforces to thrive — such as workflow software startup Notion or cloud-based design company Figma — have seen their valuations soar far north of $1 billion. This website uses I'm a graduate of Columbia Journalism School, where I was a Toni Stabile Investigative Fellow. Privacy Policy Coatue invests in both the public and private markets with a focus on technology, media, and telecommunications, as well as the consumer and healthcare sectors. The company said it would redistribute a portion of its capital back to investors, but declined to say how much. Rathmann says the pandemic wiped out almost half of ScaleFactor’s sales; the startup had reached $7 million in annual recurring revenue at the end of 2019. media, Gift articles – share up to 10 items (research and articles) a month with friends, Receive personalized newsletter with curated content, Enjoy exclusive discounts to other CompassList products and services, Share our content with your friends on social media and via email, Obtain limited access to Research Database and Insights list of articles, Receive our CompassList email newsletters, Download content you have access to in PDF format, Listen to audio content articles on the go. Lister Basic Account Terms and Conditions. Coatue Management, L.L.C. Prior to Trian, Walter was a Vice President in the Capital Formation Group at Fortress … ScaleFactor’s closure is yet another symptom of the pandemic’s varying effect on venture-backed startups. In the real estate sector, venture backed office-space providers Convene and Knotel have laid off hundreds of workers. Chinese electric car company Xpeng Motors has raised $500 million in funding. Investor Relations Coatue Management Nov 2015 - Feb 2020 4 years 4 months. is located in New York, NY, United States and is part of the Business Services Sector Industry. Schedule 13D is commonly referred to as a “beneficial ownership report.” The term "beneficial owner" is defined under SEC rules. Download as csv Download as Excel. The Austin, Texas-based company had most recently raised a $60 million series C led by Coatue in August 2019, which had given the company a $360 million post-money valuation. Coatue Management Holdings Heatmap . William E. Ford is the CEO of General Atlantic, a leading global growth equity firm. Coatue, Falcon Edge Lead Tiger Cubs in November Gains. Coatue Management … Creating long-term value for investors with an open and pragmatic approach. The firm primarily provides its services to pooled investment vehicles. |, Lister Premium Account Terms and Conditions, Lister Basic Account Terms and Conditions, Movers The rest of the content is exclusive to Premium Lire la suite. Xerox Releases Third-Quarter Results “The flexibility and financial discipline we have built in our company enabled us to increase earnings and cash flow sequentially. The idea was to provide the automated bookkeeping tools available to larger companies to small and medium sized businesses, a tool that complement other products from Shopify and Square that enable small businesses to operate online. Companies in the Coatue Management portfolio as of the September 2020 quarterly 13F filing. Iris Dorbian - 2 December 2020. Over the last ten years, Coatue’s main hedge fund has generated an annualized return of 10.1%. ScaleFactor’s 100 employees were told during a town hall Tuesday that half of them would be laid off immediately, and that by the end of August there will be about 10 employees to help wind down the company. You just get back to the simple ‘pen and paper.’”, I'm a staff reporter at Forbes covering tech companies. Coatue Management, L.L.C. View All. In addition to quarterly performance, we show annualized performance and the institution's (Coatue Management Llc) Internal Rate of Return (IRR). “But it’s the fiscally responsible CEO thing to do.”. Coatue, billionaire Philippe Laffont's firm, opened a quant fund last May to outside investors even as many larger quant funds were struggling in an increasingly competitive space.