Phase One Capital’s merchant banking business focuses on early-stage and middle-market growth companies. The firm advises and invests in companies that present considerable growth potential and that seek additional capital and/or strategic acquisitions to expand and consolidate their market position.
We bring an optimal balance between operational and financial expertise, providing our client companies the necessary resources to reach their long-term objectives. In addition, our team has a long history and a strong reputation in the financial community for their experience, service orientation, focus and execution, the cornerstones of our firm.
Phase One Capital and our merchant banking partners can be a private source of capital that combines operating resources, strategic insight and financial judgment and perspective. We understand the issues and concerns facing the management teams of early-stage and middle-market growth companies, and each transaction is structured to accommodate not just the capital needs of the company but the growth opportunities and the interests of management. Our experience and network of business contacts enhances a company’s access not only to capital, but to a network of world class management executives and entrepreneurs that have been integral in the successful development of companies and industries.
Phase One Capital typically works with the following types of companies:
- Early-stage and middle-market growth companies that have a demonstrated proof of concept through recognized revenue
- Companies that have successfully raised an initial level of operating capital from institutional investors or non-institutional investors such as “Friends & Family” or “Angel Investors”
- Companies that present considerable top-line growth potential through additional capital investment, strategic acquisitions and/or entry into new geographic markets
Phase One Capital, through its investment affiliate Phase One Investments, lead the acquisition of BlockSentry, Inc. (formerly TaxToken, Inc.), an early stage SaaS company in the blockchain space. The company provides software that allows cryptocurrency users to easily account for their financial transactions and populate the relevant tax forms automatically, which is a patent pending process. Use cases for the software include casual and profession cryptocurrency traders, cryptocurrency exchanges, digital wallets, any merchant that accepts cryptocurrency as payment for goods and services and the global tax authorities who increasingly require software for auditing purposes.