NEW YORK–(BUSINESS WIRE)–April 24, 2014–
STAR Angel Network, a New York City based Angel network founded by 11-year NBA veteran Jared Jeffries and comprised of professional athletes and business leaders, announced today its participation in the Angel round for Stockr, a leading social media company named one of PC Magazine’s Top Websites of 2013.
Stockr, founded in 2012, is a modern social network that connects investors to each other, to investor relations departments at public companies, and to industry experts. The STAR Team and its Members felt the opportunity dovetails perfectly with the objectives the Network aims to accomplish in its investments. “STAR looks to invest in companies in which our Members can employ their broad social reach, and personal and professional influence, to help in assisting early-stage startups grow to their full potential. We believe that Stockr is the perfect fit, a compelling opportunity, and the right team to get behind,” noted Founder Jared Jeffries.
As part of the financing, Shawn Rogers, STAR’s Managing Partner, has joined Stockr’s Board of Advisors. “We are proud to add Stockr to the STAR portfolio and it is an honor to be a part of what is an already highly distinguished Board of Advisors,” noted Rogers.
Rogers, who started his career in commodities and equities trading before entering the private equity arena with longtime business partner Jared Jeffries, aims to bring a unique view to the Stockr Advisory Board. Stockr CEO Vinny Jindal shared the sentiment: “We are excited to add Shawn’s diverse background and creative thinking to the Advisory Board. We view this as a partnership with STAR that will help Stockr continue to build upon the great traction we’ve achieved thus far in 2014, and I’m thrilled to have them on board as investors and advisors.”
“Stockr has built strong momentum in the first quarter of 2014, and continues to show significant signs of growth, adding publicly traded companies and users to the platform on a daily basis,” said Justin Humphries, STAR’s Executive Director and former professional athlete with the Houston Astros organization. “Athletes understand the importance placed on the right team to be successful; CEO Vinny Jindal and his team at Stockr have a great vision, the right chemistry, and the drive to take Stockr to the next level. STAR is excited to be a part of it and look forward to helping in any way we can.”
Stockr is the world’s most advanced social network for the investment community. Led by Co-Founders Vinny Jindal, Tim Symington and Brendon Crawford, Stockr provides a specialized platform where investors, analysts, and public companies can communicate transparently and directly about financial news, stocks, market trends, investment ideas, and more. The platform enables users to create and develop social communities of trustworthy sources in order to compile the most comprehensive set of information available to make informed investment decisions. Stockr is a privately held company and is headquartered in Santa Monica, CA. For more information on Stockr please visit www.stockr.com.
Contact Vinny Jindal at: email@example.com / stockr.com/vinny.jindal
STAR Angel Network
Jacqueline Cleary, 646-450-9479