Nick Soggu and Graham Chynoweth to Lead
10X Venture Partners in 2016
MANCHESTER, NH — January 26, 2016 — 10X Venture Partners, a New England-based seed stage (and beyond) investment group with deep operational experience in mobile, wireless, internet and clean-tech companies, today announced the addition of Nick Soggu and Graham Chynoweth to its leadership team. With plans to expand investments and increase networking opportunities in 2016, Soggu and Chynoweth’s wealth of experience and strong connections in the New Hampshire and greater New England region will be vital to the continued impact of 10X.
Soggu is a technology executive, adviser and general startup evangelist that comes to 10X most recently as the CEO of SilverTech, a multi-faceted and successful customer experience technology company. He has led SilverTech’s long-term growth using a strategic combination of smart business, technology, engineering and community. He has been instrumental in creating products, systems and solutions for a number of brands – including BevNow, ClassWatch, The Union Leader, JG Autographs and Life is good™. He serves on the boards of many organizations – including Delta Dental and Amoskeag Industries. Soggu helps startups achieve business goals while still remaining committed to growing New Hampshire’s economy. He also continues to spearhead programs that promote higher education’s role in the region’s economic, social and cultural well-being such as STEAM Ahead NH, Manchester Young Professionals Network and Stay Work Play, and was Chairman of the Manchester Area Colleges Consortium. Soggu’s education background is in a combination of hardware and software engineering – with a MS in Electrical/Computer Engineering from University of New Hampshire and a BS in Electrical Engineering from Merrimack College.
Chynoweth (angellist profile) is an experienced startup executive, adviser and investor and integral member of New Hampshire’s entrepreneurial ecosystem. His operational experience includes raising more than 38 million in venture funding, scaling companies and organizations from zero to more than 400 employees and leading more than 10 acquisitions. His advising and investing experience includes acting as informal adviser, board member and investor for more than a dozen companies in areas as diverse as SaaS (Adored.com), banking (PrimaryBank.com) and organic agriculture (Wastefarmers.com). As a founder of the NH Startup Challenge, a founding investor in TechOut, a leading force behind the combination of organizations that formed the AlphaLoft and a mentor for young entrepreneurs at the Nantucket Conference, he has been a key driver in fostering New Hampshire’s startup ecosystem. Chynoweth’s educational background includes degrees from the University of California, Berkeley and Duke University and a certification in Irish Whiskey Tasting from the Bushmills Distillery in County Antrim, Ireland.
Soggu and Chynoweth will fit right in with the casual, open manner already established at 10X and will look to involve themselves deeply in the mentoring process. As operators and founders themselves, they look forward to working with smart, energetic founders and helping them realize their dreams.
About 10X Venture Partners
10X Venture Partners is a seed stage (and beyond) investment group that commits operational experience and dollars to its portfolio companies. 10X is focused on early investments in the $50-500k range for companies located generally in a 90 minute radius of Manchester, NH inclusive of Boston, Providence, Worcester, Portland, Hanover & Portsmouth areas. 10X is actively expanding its reach both within the investor community and the tech startup ecosystem.
10X Venture Partners has been quietly active
November 5, 2015
We at 10X Venture Partners have been remiss in getting the good news out on our investments. Since our last ‘news’ update 10X has invested in 9 new companies ranging from biotech software, to cleantech hybrid technology, to display ad bidding engines.
Check out all of our portfolio companies at http://www.10xvp.com/portfolio-companies/
And look out for more news coming shortly on exciting changes coming to 10X…
10x Venture Partners Announces Investment in 1Mind
May 30, 2013
10X Venture Partners is pleased to announce its investment in 1Mind and the Dodge brothers. 1Mind is a next generation, social discovery platform that connects people with similar interests and traits. The on boarding process is simple and fun and immediately drives discussion with people you know, and more importantly, people you never knew.
1Mind is similar to Facebook, Twitter, and other social networks that provide a platform for users to express their opinions. But, 1Mind takes it further in discovering people most like you, who share your opinions. The Likeness algorithm applies a rank score to every person. For example, John is 97% like you, George is 89% like you, and Mary is 87% like you. Users discover interests they have in common with their friends, and people they haven’t met.
10X is proud to be supporting another New Hampshire based startup with the pedigree to operate at the highest levels of the internet/social industry. 1mind will be released for open beta in June. Let us know what you think! – John Gargasz, Lead investor
10x Venture Partners Announces Investment in FreePriceAlerts.com
January 10, 2013
Merrimack, NH…..With over 500,000 downloads resulting in $200 million in member savings, FreePriceAlerts® is the “go to” purchasing decision choice for people who want to make informed purchasing decisions without having to search for information. 10X Venture Partners is pleased to announce its participation in the latest fund raising round, helping to accelerate the company’s already rapid growth.
Based in Milford, New Hampshire, FreePriceAlerts helps its users find the best deals on products they are already interested in. The company’s unique software determines which products a user is looking at on the web. This information is collected and compared against pricing on hundreds of web sites that the company continually indexes, tracking current advertised prices. Several times per month, a brief pop up window appears on the users device, letting the user know current pricing, pricing trends, and whether or not “buying now” represents good value.
According to Matt Pierson, Managing Partner at 10X Venture Partners, “we were immediately impressed by how easy FreePriceAlerts was to use and the potential money savings on items we already wanted to buy. A lot of shopping apps are difficult to sort through, give you irrelevant results, or are simply annoying. FreePriceAlerts has cracked the secret code to giving you purchasing information you really can use in a timely, but non-intrusive, manner.”
10x Venture Partner Launch
June 7, 2012
10X Venture Partners is proud to announce the official launch of their angel investor group serving seed and early stage companies in the New Hampshire and greater New England region. 10X was conceived over a year ago by Matt Pierson and John Gargasz, serial entrepreneurs and investors in Southern New Hampshire. Over the past 12 months, 10X has grown to six founding members each of whom brings deep operational experience in mobile, wireless, internet and clean tech companies. 10X is focused on early investments in the $50-500k range for companies located generally in a 90 minute radius of Manchester, NH inclusive of Boston, Providence, Worcester, Portland, Hanover & Portsmouth areas. 10X is actively expanding its reach both within the investor community and the tech startup ecosystem. Stay tuned for news on 10X’s current and pending portfolio of investments.