Surge Ventures

Super excited to have Justin Caskey join us at Surge Ventures as our portfolio companies get to the next phase of hyper growth. #surgeahead

🚀 Exciting News: Surge Labs is LIVE! 🚀 Led by Sid Yenamandra, Surge Ventures has launched Surge Labs, an incubator program built to empower early-stage WealthTech startups. At Surge Labs, founders gain access to: 💡 Mentorship from industry experts 💸 Investor connections to fuel growth ⚙️ Resources to develop game-changing technologies We’re thrilled to announce that Lighthouse will leverage the Surge Labs ecosystem to deliver transformative tools for the wealth management space. Together, we’re paving the way for innovation and scalable growth! Let’s shape the future of finance. 🚀 Learn more https://lnkd.in/dPEGiuwC #SurgeLabs #WealthTech #startup #investment #mentorship #growth

🚀 Exciting News from Surge Ventures!   📢 We are thrilled to welcome Justin Caskey as our new Chief Financial Officer (CFO)! With over 15 years of leadership experience in public and private equity-backed companies, Justin has a proven track record of driving growth and enhancing operational efficiency.   💼 Before joining Surge Ventures, Justin served as the CFO of Unifocus , a global leader in workforce management software, and Korbyt, where he led a successful exit in 2023. His background also includes roles at KeyBanc Capital Markets and Deloitte & @Touche.   🌟 We are excited to have Justin on board as we continue our growth journey!   👉 Visit our team page to learn more: https://lnkd.in/gsMvXpNf   #WealthManagement #FinTech #Compliance #DataSecurity #RegTech #WealthTech

Quantifying Compliance ROI: How Fusion1, OmnibusX, and Avery Offset Risk, Save Time, and Minimize Errors When it comes to compliance, small improvements add up fast. With the Fusion1 Risk Offset Model, we’re quantifying the real, measurable impact of a unified compliance platform. Here’s how: 1. Compliance Hours Reclaimed: With 40% of time saved on routine tasks, a team gains back nearly 600 hours annually—adding 3 months of productivity. 2. Error Reduction Multiplier: By automating workflows, we reduce error rates by up to 80%, minimizing manual mistakes and ensuring accurate compliance records. 3. Risk Reduction Impact: From avoided fines to incident cost savings, OmnibusX and Avery proactively protect against costly compliance incidents, potentially saving $175K a year. 4. Compliance Efficiency Multiplier: Combined efficiencies of 240% demonstrate how Fusion1 amplifies compliance efforts with proactive monitoring and AI-driven insights. 5. Annual Cost Savings: Together, Fusion1, OmnibusX, and Avery yield over $200K in annual savings through a mix of time efficiency, risk reduction, and error minimization. The takeaway? With these solutions, compliance isn’t just a box to check—it’s a strategic advantage, freeing teams to focus on what matters most. www.regverse.com; www.kovair.com ; www.surgeventures.com #Fusion1 #ComplianceEfficiency #RiskOffsetModel #ProactiveCompliance #OmnibusX #AverybyRegVerse

Revolutionizing Compliance: The Power of Fusion1, OmnibusX, and Avery by RegVerse In today’s landscape, financial firms need more than just compliance—they need a proactive approach to risk, data, and surveillance. Fusion1—a collaborative venture across Surge Ventures portfolio companies—integrates OmnibusX by Kovair Software as the data custodian, Avery by RegVerse as the AI-powered compliance intelligence, and now, next-generation workflow and surveillance capabilities. Together, they form a unified, next-generation platform that drives automated workflows, real-time data management, and emerging risk oversight. Built by compliance practitioners, AI innovators, and data security experts, this solution set is purposefully designed to meet real compliance needs. 🔗 OmnibusX by Kovair Software The Data Custodian Backbone OmnibusX provides the secure, synchronized data framework that powers all compliance-related processes. Its integration capabilities ensure that data remains accessible, accurate, and ready for compliance and surveillance analysis. 🤖 Avery by RegVerse The AI-Powered Regulatory Co-Pilot Avery delivers real-time regulatory insights, automating policy updates and streamlining audits. With Avery, financial firms gain a co-pilot that monitors regulatory changes, making complex compliance requirements simpler to manage. 🔧 Fusion1 by Surge Ventures portfolio company collaboration: The Smart Compliance Workflow engine Fusion1 offers an adaptable, low-code/no-code platform that handles branch audits, attestations, onboarding, real-time compliance notifications, next-generation cyber surveillance and vendor management. Built to identify and respond to potential connected risk use cases and threats, Fusion1 provides the tools for continuous monitoring and alerts, protecting client data and ensuring firms stay ahead of emerging risks. The Result: A Unified, Proactive Compliance Solution By uniting OmnibusX’s data integrity, Avery’s AI-driven insights, and Fusion1’s proactive workflows and cyber surveillance, this platform helps financial firms reduce costly errors, save hours on compliance tasks, and prevent regulatory fines. This isn’t just compliance—it’s a smarter, faster, and more resilient approach to risk management. #Fusion1 #OmnibusX #AverybyRegVerse #CyberSurveillance #ComplianceTech #RegTech #AIinCompliance #SmartWorkflow

🚀 Accelerating Innovation in Wealth Management: Lighthouse Wealth Tech Labs Partners with Surge Ventures Big news! 🌟 Lighthouse Wealth Tech Labs, an incubator founded by the creators of Beacon Strategies, LLC, has partnered with Surge Ventures to bring transformative solutions to the wealth management industry. This collaboration leverages cutting-edge technology to empower financial professionals, helping them grow their practices without becoming tech experts. 💼 What This Partnership Brings: 🔸 Plug-and-play solutions to streamline workflows for advisors. 🔸 A focus on business efficiency to enhance client relationships. 🔸 Access to Surge Labs, providing mentorship and resources for startups shaping the future of wealth tech. ✒️ Chip Kispert, Founding Partner of Lighthouse, shared: "Through this partnership, we’ll accelerate innovation, helping advisors transition smoothly, grow faster and focus on what they do best—serving clients." ✒️ Sid Yenamandra, CEO of Surge Ventures, added: "Lighthouse is an ideal partner for Surge Labs," and "By working together, we can fuel the next generation of solutions that will not only meet the immediate needs of wealth management but also position advisers for future success." 📌 What’s Next? Lighthouse will initially focus on simplifying transitions for advisors and enhancing communication with clients, ensuring practices grow without interruption. 🚀 The future of wealth management looks bright — stay tuned for more updates! https://lnkd.in/dz8XNnYV #WealthManagement #FinTech #Innovation #FinancialAdvisors #WealthTech #BusinessGrowth

📈 Your Compliance Journey Should Begin with Avery by RegVerse! 📈 Every year, the financial services industry faces hundreds of rule changes and enforcement actions. For compliance teams, this means constant vigilance and frequent updates to compliance manuals and Written Supervisory Procedures (WSPs). But here’s the reality with template-based WSPs: • Static Content: Templates are one-size-fits-all and don’t evolve with regulatory updates, making them quickly outdated. • Lack of Customization: Every firm has unique structures, processes, and risks that templates can’t address, increasing regulatory risk. • Oversight on New Rules and Interpretations: Templates don’t capture the latest regulatory updates or enforcement trends, leaving firms vulnerable to non-compliance. • Time-Intensive Updates: Manual updates are time-consuming and can lead to errors, especially with multiple changes. • Limited Continuous Compliance: Templates lack mechanisms for ongoing monitoring and testing, leaving gaps in real-time compliance. • Costly Fines: Insufficient or outdated WSPs often lead to regulatory penalties, with fines for WSP-related violations averaging $200,000 or more. 💼 Why Start with Avery by RegVerse? Avery by RegVerse transforms compliance management, replacing static templates with a data-driven, customizable solution. Here’s how Avery works: 1. Regulatory Mapping: Aligns policies with the latest requirements, ensuring complete coverage. 2. ADV Checks: Enhances accuracy and compliance with filing standards. 3. Proposed Rules Tracking: Monitors regulatory changes proactively, keeping firms ahead. 4. Enforcement Action Processing: Analyzes trends, highlighting areas for improvement. Uniquely, Avery also ensures all AI-generated outputs are reviewed by trained compliance professionals – a service unmatched in the industry. This expert review layer provides firms with the confidence that their WSPs are not just up-to-date but meticulously tailored to their unique needs. 💡 Avery by RegVerse gives time back to your compliance team while minimizing regulatory risk. Don’t rely on outdated templates – start your compliance journey with Avery today! Check out.. www.regverse.com #ComplianceAI

🚀 Got a bold SaaS idea that’s ready to disrupt the market? Look no further - Surge Labs is LIVE! Surge Labs, the brand-new incubator program by Surge Ventures, is here to supercharge your vision and turn it into a thriving reality! This isn’t just another program—this is the launchpad for founders hungry for growth. ✨ What’s in it for you? 💡 Top-tier expertise from industry pros 🔗 High-impact networking with an exclusive industry council 💸 Access to capital to fuel the next big idea Whether you're just brainstorming or scaling with an MVP, Surge Labs offers the perfect blend of mentorship, funding, and connections to fast-track your success. 🚀 📅 Don’t miss your shot—start now! 👉 https://lnkd.in/d3_3zEzA #SurgeLabs #startup #innovation #SaaS #mentorship #investment #growth #entrepreneurs

🛡 In celebration of #CybersecurityAwarenessMonth, Sid Yenamandra moderated this timely Wealth Solutions Report Regtech Surge roundtable piece, “Cybersecurity Challenges and Opportunities in Wealth Management.” The discussion features insights from top industry leaders Aaron Spradlin of United Planners Financial Services, Melinda ("Mimi") LeGaye of MGL Consulting LLC., and Srikanth Chavali of Kitecyber. ⚔️ Together, they explored today’s pressing regtech challenges, as firms face increasing regulatory demands, cybersecurity threats and how the need for smart, integrated compliance solutions has never been more critical. Sid highlights the importance of building compliance workflows that adapt to regulatory changes in real time, ensuring that data protection is woven into the fabric of operations. 👉 Check out the full article linked below and stay tuned for Part 2 of this discussion in the coming weeks! #SurgeVentures #RegTechSurge #WealthSolutionsReport #Cybersecurity #WealthManagement #RegTech #Compliance #Innovation https://lnkd.in/gaV7DvRR

What a terrific group of partners for our roundtable! Beacon Roundtables happen because of your generosity. Thank You! Snappy Kraken Catchlight Powerlytics Surge Ventures TradePMR Will Prest