Affinity partners software#
Affinity partners series#

Stanford grads Zhou and co-founder Shubham Goel started the company after recognizing that while there was software for transactional relationships, there wasn’t a good option for the relationship journeys. The new funding gives the company $120 million in total funding since it was founded in 2014.Īffinity, based in San Francisco, is focused on industries like investment banking, private equity, venture capital, consulting and real estate, where Zhou told TechCrunch there aren’t customer relationship management systems or networking platforms that cater to the specific needs of the long-term relationship.

Affinity partners series#

Today, the company announced $80 million in Series C funding, led by Menlo Ventures, which was joined by Advance Venture Partners, Sprints Capital, Pear Ventures, Sway Ventures, MassMutual Ventures, Teamworthy and ECT Capital Partners’ Brian N. email interactions, documents and meetings.Īffinity wants to take what Ray Zhou, co-founder and CEO, refers to as “data exhaust,” all of those daily interactions and communications, and apply machine learning analysis and provide insights on who in the organization has the best chance of getting that initial meeting and closing the deal. He has also written a book about his White House experience that is expected to be published by HarperCollins next year.Relationships ultimately close deals, but long-term relationships come with a lot of baggage, i.e. Mr Kushner hopes to create “an investment corridor” between Israel and Saudi Arabia, by working with Israeli and Gulf companies and investors, the person said. Mr Kushner tried to distance his father-in-law from fringe, far-right social media platforms after Mr Trump was kicked off Twitter following the deadly riot on January 6.

He played a prominent role in Mr Trump’s failed 2020 reelection campaign, but has steered clear of Trump’s false claims of voter fraud. He also helped negotiate a new US-Mexico-Canada trade agreement. The firm has hired about 20 people, including private equity veterans Bret Perlman and Asad Naqvi, and plans to focus on US-based investments as well as those in the Middle East.Īt the Trump White House, Mr Kushner helped broker deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco in a six-month flurry last year. Information on specific investors was not disclosed, but Affinity was targeting American institutions and foreign investment institutions, including sovereign wealth funds and high net worth individuals.Īffinity is hoping to close its first deal in the first quarter of next year, the source said. Mr Kushner’s firm has received commitments of more than $US3 billion, the source said, adding that he expects to continue fund-raising efforts for the next few months to close these and add potential additional commitments. Mr Kushner plans to invest in American and Israeli companies that are looking for international expansion opportunities in India, Africa, the Middle East and other parts of Asia.

Jared Kushner hopes to create “an investment corridor” between Israel and Saudi Arabia.

Mr Kushner, a former top aide to former President Donald Trump who is married to his daughter, Ivanka, formed the Miami-based Affinity Partners this year after deciding to step away from politics, and began raising money in the third quarter. Washington | Jared Kushner’s global investment firm, Affinity Partners, has raised more than $US3 billion ($4.1 billion) in committed funding from international investors, a person familiar with the fund-raising effort told Reuters on Thursday, US time.