Venture Notes -- June 18, 2019
By Milt Capps
KEVIN ROSS, now 45, is coming out of near-stealth with a debut proof-of-concept offering from ALIENFAST LLC, the Franklin-based company he's calling a "venture tech firm," but which we here like to think of as a SaaS venture development organization (sVDO). Cutting to the chase: ALIENFAST's first disclosed offering is AdvisorIntake, a cross-platform fintech offering that aims to take the guesswork out of deciphering the interests and priorities of prospective clients or customers by allowing respondents to declare their priorities, at which point the software responds "dynamically" with a personalized path for answering questions served-up as most relevant. Advisors and their team members who use AdvisorIntake are afforded a continually updated visual pipeline, showing where in the process each prospect is, as well as workflow automation, with emphasis on speed action on prospects that are shown as shaping-up as warranting the advisor's next steps. AdvisorIntake CEO is Dave McAllister, who is co-founder of ALIENFAST and who was COO of Metova, which Ross founded in 2006 and sold in 2012, when it had 35 employees. The ALIENFAST was formed as an "inc." in 2012 and was converted to LLC in 2013. AdvisorIntake is not only a real business, but it also serves as a vivid example of the type of pain points or other opportunities that Ross and McAllister want to hear about from others, as well. Ross told VNC that ALIENFAST's heavily preferred position is to secure majority ownership in new ventures that might be spawned with entrepreneurs and others who have ideas that could enable each ALIENFAST portfolio company to "build a better mousetrap or change the landscape" of a given sector. Ross adknowledged he doesn't rule-out taking a minority interest in a SaaS newco, but he is emphatic that ALIENFAST is a product company, not a software shop for hire, and it prefers holding controlling interest, unless other parties have tech expertise that he welcomes, but seldom encounters among non-tech entrepreneurs. Advisors: Attorney Jonathan Stanley at Bass Berry; accountants are with McCeney & Martin; and the company banks with Franklin Synergy. Ross is in late-stage discussions with a local PR Firm. Ross' LinkedIn here. AlienFast team here. AdvisorIntake team here. A Des Moines native, Ross and his wife live in Williamson County.
EVERYDAY ESPORTS LLC, recently formed by tech entrepreneur Jared Miller, aims to raise $750K and is in late-stage discussions for event-venue tenancy within the TOA Sports Performance Center, on Gothic Court in Franklin. Miller, 33, said he projects opening in 1Q2020 for competitive events; fan observation and casual esports play; and, digital broadcast/streaming production, commentary and transmission. Raise proceeds will go mainly toward technology infrastructure and equipment for an initial 6,000 sq. ft. space, which Miller said he aims to make the cornerstone of a multisite owned-and-operated esports venue network, a concept he likened to that of private-equity-backed Topgolf. The TOA Sports Performance Center was acquired roughly a year ago by Tennessee Youth Sports LLC, lead by entrepreneur local entrepreneur Roy Dano. The venue was until recently known as Franklin Sports Hall. Prior to that, it was the A-Game Sportsplex. Miller confirmed he has applied for some matching-dollar funding under the Tennessee Digital Media Grant of the state's Entertainment Commmission. Miller is an application development manager with Accenture. He has also burnished his credentials with ESports Lab, Toshiba, OpenSky, Saltillo, and Mac Mac Inc. (the former owner of Taigan), among others. He's a native of Amish Country in Ohio and earned his bachelor's in computer science at Mount Vernon (Ohio) Nazarene University. He and his family reside in Wilson County. Miller is also chairman of the not-for-profit Tennessee Esports Alliance (501c3 app pending), which he formed in 2018. Miller's attorney is Roger Quiles (Staten Island), who is also founder of FTW Talent, an esports talent agency.