Menlo Park, CA—December 15, 2020 — AST Private Company Solutions, Inc. (AST PCS) today introduced a new strategic partnership with Apollonian Group, a Luxembourg-based firm with a 360-degree approach to due diligence, valuation, investment and fund management. Through its versatile approach towards analyzing companies with high levels of intangible assets (software, IPR, R&D, human capital, strategic partnerships etc.) Apollonian can reveal the underlying value, inherent risk and growth metrics of any given company.
Astrella was developed by Equiniti Private Company Solutions, a Silicon Valley-based unit of American Stock Transfer and Trust. AST is investing in Astrella to make it the transformative technology for private company shareholder and employee stock plan management. The cloud-based software-as-a-service platform brings together private blockchain technology, artificial intelligence (AI), and predictive analytics with extensive exit and round modeling tools for both venture-backed and private equity-owned companies. Astrella is built with an API-based ecosystem to integrate seamlessly with leading global service providers to private firms, including companies such as VISA and Box.
The announcement is the latest among a group of partners that AST PCS has added to the Astrella private company ecosystem. Astrella currently supports companies in more than nine countries. Apollonian Group has a footprint in Europe, the United Kingdom and the USA with clients in 26 countries in total.
“AST PCS is a leading global player in ownership which fits perfectly with our strategy to support our private company customers and our outreach to venture capitalists,” says Co-Founder & Chairman Tuomas Saarinen. “Apollonian helps private companies value assets which are fundamental for business development and illustrates if a company will be able to survive and prosper in a competitive environment, over the long haul. Understanding the capitalization of a company is vital, and therefore we provide the necessary level of analysis our clients require.”
AST PCS president Carine Schneider adds “Private companies are sometimes so focused on building market-leading products and services that they forget how important it is to ensure their internal books and records are kept in an audit-ready manner. Managing cap table and equity compensation data on a secure system that was built by a team with a background working closely with financial analytic firms is an important component to ensure financial professionals can rely on the information in the system. Developing our partnership with the experienced team at Apollonian confirms the importance they place in a system built for fast-growing multinational companies.”
Apollonian is a Luxembourg-based group specialized in intangible assets – providing turnkey solutions in analysis and multi-model valuation, company growth management, financing and funds management – focusing on bridging the gap between a private and public investment with innovative scale-up companies seeking it. With their award-winning product INSIGHT reduces the information gap between investors, lenders and the management while increasing the company’s capacity to capitalize on future opportunities for growth. Apollonian services are currently offered for companies looking for funding, investors seeking investment targets and for various types of portfolio managers. For more information, please visit apollonian.eu
Tuomas Saarinen, Co-Founder and Chairman
+352 671 098 965
About AST Private Company Solutions, Inc.
Founded in 2019, AST PCS is an affiliate of AST focused on serving private companies worldwide. Astrella, a cloud-based SaaS solution, allows private companies to manage their ownership of data, including the cap table and employee equity plans and to connect directly with related service providers to support efficient workflow and provide access to investors, advisors and employees. For more information, visit astrella.com.