New TechHub NYC launch brings British fintech & security startups to New York City
LONDON/NEW YORK CITY, 25 Oct 2017: TechHub connects global business cities London and New York with its launch of TechHub NYC, and announces its first technology startup members in fintech, security and enterprise productivity.
Supporting 750 startups across Europe and India, TechHub accelerates the growth of its member companies through a strong community focus and tailored programming, helping startups engage customers, investors and talent. TechHub companies have been acquired by Google, Facebook, Microsoft, Oracle and Twitter amongst others, and have raised over $1 billion in venture capital funding to date.
Headquartered in London, UK, TechHub recognises the close alignment between the London and New York startup ecosystems. It sees both the huge potential for the continued growth of local New York tech, and the city’s prime position as an entry point into the US for startups around the world.
Three London companies have already chosen to make TechHub their launchpad in the US: fintech powerhouses Revolut and Aire, and Cronofy’s enterprise productivity tool. TechHub and security firm Callsign will also build on their longstanding relationship as Callsign explores opportunities in NYC.
TechHub’s founder & global CEO Elizabeth Varley says: “We believe New York City is one of the most exciting tech markets in the world right now. TechHub wants to contribute to that growth and provide strong opportunities for tech startups from around the world to access the US via this thriving city. ”
TechHub NYC member Revolut is a global banking alternative allowing users to deal in multiple currencies in real time. Growing fast with a successful $66 million Series B fundraise and over 850,000 customers worldwide, New York will be one of its first sites outside Europe.
“TechHub provides fast-growing companies with flexibility when it comes to landing in a new location and supports establishing a vital local network” said Revolut manager of international expansion Dan Westgarth. “TechHub can really help us hit the ground running in a new city from day one.”
Opening its doors at 158 W 27th St in the Chelsea area of Manhattan mid-November and beginning tours immediately, TechHub NYC gives both US and international tech founders easy, fast, tailored access to the things they need to scale their companies. All members can visit every TechHub around the world free as part of their membership to take advantage of international opportunities, and the team is bringing its full support programme, including the very successful TechHubTuesday Demo Night to the US.
TechHub is the global community for tech entrepreneurs, supporting the growth of over 750 companies across the world, whether they’re founders getting started, or fast-scaling 50- to 100-person teams.
Membership is exclusively focused on product tech companies and in this way TechHub has supported thousands of high-growth tech firms creating technology IP over the past seven years. TechHub also helps corporates access innovation culture and to work with startups to solve business challenges or develop new products.
TechHub helps startups and scale-ups by understanding the process tech product companies go through and the needs they have at each stage. The community gives these companies access to the things they need for growth including peer-mentoring, introductions to investors, a rich programme of advice, learning and inspiration that they can dip in and out of as they require. Some member companies are based with TechHub full time, and many others access the tech community spaces when needed.
Headquartered in London in the UK, TechHub is also in the US, India, Latvia, Romania and Wales with additional countries planned.
TechHub member companies have been acquired by Google, Facebook, Twitter, Oracle and Microsoft among others, and have raised over $1 billion in funding.
Founder & Global CEO
US mobile: (+1) 646 968 0547
US office: (+1) 646 968 0548
UK direct: (+44) 020 7135 2053
UK office: (+44) 020 7256 6551
TechHub NYC’s first four member companies
Cyber security-focused Callsign, with its Intelligence Driven Authentication platform, has been a member of TechHub London for five years. The product has been deployed to hundreds of thousands of users globally including at some of the world’s largest banks, like Lloyds Bank and Deutsche Bank.
“We’ve grown with TechHub from a three-person team to over 50, and have really been supported by TechHub. From a vibrant community for our employees to learn from their counterparts in neighbouring tech startups, to connections with potential customers, and opportunities for founders to talk through challenges, we’re looking forward to TechHub launching in the US and continuing to be part of the community as we expand our own US operation.” – Ian Welch, COO of Callsign
Cronofy’s mission is to connect everyone’s schedules so they can focus on what’s important and achieve more. Cronofy offers a fully supported SaaS Calendar API that enables enterprise application providers to build real-time, two-way calendar integrations without compromising on users’ privacy.
“With half our customers already in North America, increasing our presence in the US is an important next step for Cronofy. As TechHub members already we’re fully aware of the value of their community-driven approach. When we learned of their plans for New York we were delighted to seize the opportunity to grow our business in the US, together with TechHub.” – Adam Bird, CEO & Co-founder of Cronofy.
Aire’s product is an algorithmic credit scoring engine that emulates the intelligence of human underwriters to give a growing population of new borrowers a way to prove their eligibility for credit. Aire is committed to helping people spend responsibly, to control their credit score and get access to financial products.
“As an established tech startup we want to be able to choose the support we need and when we need it. We’re looking forward to taking advantage of TechHub’s opt-in approach that best suits experienced tech founders.” Aneesh Varma, Founder of Aire.
Revolut is a global banking alternative allowing users to deal in multiple currencies in real time. Growing fast with a successful $66 million Series B fundraise and over 850,000 customers worldwide, New York will be one of its first sites outside Europe.
“TechHub provides fast-growing companies with flexibility when it comes to landing in a new location and supports establishing a vital local network. TechHub can really help us hit the ground running in a new city from day one.” Dan Westgarth, International Expansion Manager, Revolut.