We closed Q2 2017 with another step in the right direction.  Vestigo Ventures Fund 1, L.P. invested an additional $280K as a follow-on investment in LifeYield LLC, as part of their $2.6MM Series G. The round was led by Allianz Life Ventures, and had strong continuing support from existing investors. Over the 15 months that Vestigo has been an investor in LifeYield, the company has nearly tripled revenues and they have a robust pipeline of top-tier prospects across the financial services landscape.

With a more robust balance sheet, LifeYield will build out their direct-to-advisor platform and have the wherewithal to stand up to any financial due diligence from prospective clients. LifeYield has shown tremendous strides in topline revenue growth and they continue to make new (and deeper) inroads with major Wall Street firms. We are excited about the prospects of the LifeYield and look forward to continuing to help them network / navigate the waters with prospective clients. 

Mike Nugent
Managing Director