Category Archives: Firm News

SteelBridge Labs Announces Successful Exit of Portfolio Company, EquityNet

SteelBridge Laboratories, LLC, (“The Lab”) a premier FinTech incubator, today announced its successful exit of portfolio company EquityNet, a recognized innovator in the crowdfunding and marketplace financing sector.

Founded in 2005, EquityNet is a leading pioneer in the investment sector for entrepreneurs and business owners with one of the largest business funding platforms. EquityNet holds many patents in the space and has helped over 100,000 individual entrepreneurs connect with investors, lenders, incubators, government support entities and other members of the entrepreneurial community. EquityNet provides access to thousands of approved, self-accredited investors and has helped entrepreneurs across North America raise over $300 million.

“We are pleased to see the culmination of EquityNet’s successful growth with the acquisition of EquityNet by a leading marketplace venture fund, which will continue to advance the ever-expanding crowdfunding market,” said Tim Haluszczak, Partner and Co-Founder of SteelBridge Labs. “The results of this investment validate our investment thesis for successfully building and exiting FinTech companies.”

To read the official Press Release, click here.

SteelBridge Labs Announces Latest Company to Join the Incubator, Community Capital Technology

SteelBridge Laboratories, LLC, (“The Lab”) announced today that Community Capital Technology, a secure, digital exchange for loan assets and portfolio analytics, is the newest FinTech company to join The Lab.

The Community Capital Technology (CCT) platform is designed exclusively to serve and empower the financial institutions focused on serving regional and local communities across the U.S. CCT provides a convenient, cost effective solution for Regional and Community Banks, Credit Unions, and CDFIs to participate in quality loan originations, post, and analyze their own assets – with the goal to maintain and improve financial strength so they can focus on better serving their clients and communities through greater capital access.

Founder & CEO of Community Capital Technology, Garrett Smith, states, “CCT is thrilled to have SteelBridge Labs as a partner as we expand our footprint and continue to scale our platform. The Lab’s deep financial technology expertise will be crucial in helping our team to deliver our best-in-class solution for portfolio management.”

To view the official Press Release, click here.

PVCA Strengthens Board with Appointment of SteelBridge Labs Managing Partner, James Haluszczak

PITTSBURGH, August 12, 2019 – The Pittsburgh Venture Capital Association (PVCA) has announced the appointment of SteelBridge Labs Managing Partner, James Haluszczak, to its Board of Directors, effective September 1st. James has 20 years of experience in Financial Services operations, finance, and technology roles.

As a seasoned Fintech founder and investor, Mr. Haluszczak possesses a deep knowledge of the challenges and emerging opportunities that exist within the early-stage venture capital marketplace. He has founded and held leadership roles inside four currently operating Fintech startup companies, and he and his team have invested in over ten Fintech companies since 2016. James currently sits on the board of four companies, working closely with each company’s management team to ensure focus remains on product quality and aggressive growth.

“I am eager to work alongside my fellow PVCA Directors to position Pittsburgh and the western Pennsylvania region as a perennial contender for venture investment dollars,” said Mr. Haluszczak. “We are seeing tremendous momentum in our region, and I look forward to helping continue that progress.”

James Haluszczak is the Co-Founder and Managing Partner of SteelBridge Labs, which he and his partners founded in 2016 as an investment firm investing in early-stage Fintech companies. In addition, he is the Founder and Managing Partner of SteelBridge Consulting, a boutique consultancy exclusively focused on serving as a strategic advisor to Private Equity and Venture Capital fund managers, investors, and administrators.

With the appointment of James Haluszczak, the PVCA’s Board of Directors now consists of twenty-one venture capital leaders. The PVCA works as an advocate for the venture capital industry through networking luncheons, receptions, prominent events like the 3 Rivers Venture Fair and other activities that encourage discussions on topics pertaining to investment trends, financing, tax issues, IPOs, and public policy issues.

“I look forward to supporting the PVCA in its mission of advocacy for the venture capital industry and entrepreneurialism,” said Mr. Haluszczak.

 

ABOUT THE PITTSBURGH VENTURE CAPITAL ASSOCIATION

Founded in 1982, the Pittsburgh Venture Capital Association (PVCA) is the leading voice of private equity investors in Western Pennsylvania and among the most prominent in the Mid-Atlantic region. Through a wide range of programs, the PVCA facilitates quality deal flow, encourages investor collaboration, and fosters important relationships with key service providers.

To learn more about the PVCA, click here.

 

ABOUT STEELBRIDGE LABS

SteelBridge Labs is an early-stage financial technology incubator. Organically grown from their experience as world-class management consultants at SteelBridge Consulting, the founders of SteelBridge Labs provide selected Fintech startup companies with deep industry experience that arms entrepreneurs with the appropriate tools for success.

To learn more about SteelBridge Labs, click here.

SteelBridge Labs Company, NuMoola, is Chosen as One of the Industry’s Brightest 100 Startups

We are thrilled to announce that one of our Portfolio Companies, NuMoola, has been chosen for the Money20/20 USA Startup Academy Class of 2018. A Money Revolution is sparked by the most innovative ideas, disruptors, and entrepreneurs who create the unimaginable to drive change. To celebrate and accelerate the potential of the next generation of startups, Money20/20 USA is recruiting 100 of the industry’s newest and brightest companies to be a part of the Money20/20 USA Startup Academy.

To learn more, please visit here.

 

STEELBRIDGE LABS ANNOUNCES PARTNERSHIP WITH NEO4J

SteelBridge Labs (The Lab), an early stage incubator in the FinTech space, chooses Neo4j as the database of choice for its Rapid Application Development Framework Connex Business Engine. The entire technology team at SteelBridge Labs is Neo4j certified.”Neo4j gives us the flexibility of NoSQL databases while maintaining the ACID characteristics of traditional SQL databases.
Continue reading STEELBRIDGE LABS ANNOUNCES PARTNERSHIP WITH NEO4J

Welcoming Humanified to SteelBridge Labs!

We welcome our newest company in SteelBridge Laboratories, Humanified!  To view the press release, click here.

Pittsburgh, PA, October 11, 2017 (Newswire.com) – SteelBridge Laboratories, LLC (The Lab) is an early stage, independent technology incubator that provides investors and entrepreneurs the opportunity to realize their technology vision. James Haluszczak, Founder and CEO of SteelBridge Labs, announced today that Humanified, Inc., has become the latest company to join The Lab. “This is a great addition to The Lab as it continues our focus on making financial awareness a part of everyday life for the globally connected, social living population. We chose to invest in Humanified, as we believe in their social network approach for putting better awareness around charitable giving and good cause campaigns,” said James….

Introducing, NuMoola!

We are excited to announce our newest company in The Lab, NuMoola! See the Press Release here.

PITTSBURGH, October 5, 2017 (Newswire.com) – SteelBridge Laboratories, LLC (The Lab) is an early stage, independent technology incubator that provides investors and entrepreneurs the opportunity to realize their technology vision. James Haluszczak, Founder and CEO of SteelBridge Labs, announced today that a new company, NuMoola, is joining The Lab. “This is an exciting time for The Lab as we welcome our newest company. We look forward to the partnership with NuMoola and collaborating with them to build a successful company that is squarely focused on the national savings crisis here in America. We love the approach that NuMoola is taking to solve this problem, and know NuMoola will be both a fun and productive way for kids to learn,” said James….