Minneapolis’ YouSurance Is Betting Big On Algorithms…To Pinpoint When You Will Die

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GWG Holdings / YouSurance CEO Jon Sabes at Minneapolis HQ

 
The secondary insurance marketplace isn’t exactly top of mind when it comes to technology, though that could be changing this year for GWG Holdings – the parent company of a new brand division called YouSurance that’s operated by CEO Job Sabes.

“We’re on a mission to strap life insurance to a rocket ship and launch it into the future,” he says of their cause, without any hesitation or concern for Minnesota’s typical business conservatism. For Sabes and company, this mission transcends their humble Minneapolis headquarters with big risks and rewards at for everyone involved.

Because if they can better predict your mortality, then they stand to make billions of dollars in the process.

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Local Fintech Venture Homespotter Acquires Open House Tech Spacio

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Via News Release

HomeSpotter, the leading real estate software platform for agents to manage and grow their customer relationships, today announced it has acquired Spacio, the #1 open house lead generation system. The move extends HomeSpotter’s reach within the real estate industry and bolsters its position as a relationship technology leader.”

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Meet A Minnesota Tech CTO: Killian Brackey, Sezzle

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Thank you Tarmac for underwriting our Meet a Minnesota Tech CTO series, where we get up close and personal with Minnesota’s chief techies.

 
The CTO: Killian Brackey, Sezzle

How long have you been working in tech for and what is your technical background?

I have been a tech hobbyist and enthusiast since the first time I got my hands on a personal computer. Throughout my educational history I have spent a lot of time programing, building websites, and testing networks and systems security. I began studying Economics at Columbia University but quickly felt the need to transition back to my passion within technology and moved to Computer Science at both Columbia and the University of Minnesota. I joined Sezzle right out of school and helped us build the team and product we have today.

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Eden Prairie Fintech Software Maker InterplX Sold For $2.5 Million

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Via News Release

“Serko today announced the acquisition of InterplX a provider of Software as a Service (SaaS) expense management solutions in the United States. Serko CEO Darrin Grafton said the investment in InterplX is an important part of Serko’s global growth strategy and would extend its end-to-end travel and expense offering.”

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Cryptocurrency API Startup Nomics Banks $3m Led By Arthur Ventures

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Via News Release

“December 18, 2018 – Nomics, a cryptocurrency data company that delivers professional-grade, cloud-based data products and APIs for institutional crypto investors, today announces it has raised $3 million in Series A funding. Venture capital firm Arthur Ventures led the funding round and cryptocurrency industry veterans, such as BitGo Co-Founder Ben Davenport, Coinbase Ventures, CoVenture Crypto and Digital Currency Group, also participated.”

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Bootstrapped Software Maker Propelware Scooped Up By Right Networks

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Via News Release

“HUDSON, N.H.–(BUSINESS WIRE)–Right Networks, the leading provider of cloud solutions for accounting professionals, announced today that it has completed the acquisition of Propelware, the company that produced Autofy, a powerful connector of e-commerce and CRM applications to QuickBooks and QuickBooks Online.”

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Renter’s Warehouse Acquires Online Real Estate Investment Marketplace OwnAmerica

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Via News Release

Renters Warehouse, one of the largest and highest reviewed property management companies in the country, is thrilled to announce that it has reached definitive terms and signed agreements to acquire the second largest single-family rental investment marketplace in the country, OwnAmerica. The transaction is scheduled to officially close January 1, 2019.”

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