CircleUp, an investment platform that targets early-stage consumer product companies, announced on Tuesday it has appointed Nick Talwar as its new CEO. Ryan Caldbeck, Co-Founder and former CEO, will become an Executive Chairman of the company.
Founded in 2012, CircleUp describes itself as an investment platform that provides capital and resources to early-stage consumer brands with a “modern, scalable” approach to private markets.
“CircleUp is comprised of internally-managed equity funds, a credit program, and an Insights & Connections team – all powered by Helio, CircleUp’s proprietary machine learning platform. Helio collects and analyzes billions of data points to evaluates 1.3 million consumer businesses and predict future business success.”
CircleUp reported that Talwar joined the company as President in July with a 20-year career as an operator and investor at the intersection of technology and financial services. Prior to CircleUp, Talwar was most recently a partner at Apis Partners, a growth equity investor in technology-focused financial services companies. Speaking about his new position, Talwar stated:
“I’m grateful for the company Ryan, Rory and the team created, one based on remarkable technology, successful businesses built on top of that technology, and a work culture where innovation thrives. We have an exciting roadmap ahead and I’m inspired by our potential for growth and impact.”
Caldbeck went on to add:
“The team has helped hundreds of entrepreneurs to thrive, by giving them the capital and resources they need. We’ve worked with some of the most iconic consumer brands of the past decade while building a technology that will transform private investing. Last year, I decided that now is the right time for me to transition the CEO role to a new leader.”