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Success Story: NVISNx
NVISNx (www.nvisnx.com) is a big data cyber platform that enables companies to protect their most critical data while also identifying useless data that could be disposed of to save millions in enterprise storage costs.
The company’s founder and CEO, Glen Day, served over 20 years in the U.S. Navy and retired at the rank of Commander as IT Operations Officer of Naval Forces Korea in Seoul, South Korea, before heading up cybersecurity leadership roles with Ernst & Young and Booz Allen.
Launched in 2018, the company has skyrocketed to 2020 ARR of nearly $5M including customers such as Qualcomm, Nike, Toyota, Universal Music, Porsche, and Goldman Sachs.
NVISNx has racked up tremendous accomplishments in its startup phase including:
- Raised seed round of $2.5M
- 2020 Goldman Sachs Black & Latinx Entrepreneur Cohort Selection
- 2020 San Diego Angel Conference Semifinalist
- 2020 Cool Company, Connect w/ San Diego Venture Group
Use of Capital Infusion Funds
The financing was used for hiring new employees to further development of the company’s technology platform.
Areas of Assistance
Connections to Investors
Financing/Negotiation Strategy
Investor Pitch Practice
Pitch Deck Prep
Strategic Planning
Economic Impact
Capital Infusion: $2.8M
Owner Investment: $575,000
Sales Increase: $800,000
Location
San Diego, CA 92154
“The Brink SBDC’s support, guidance, and coaching to NVISNx has been invaluable. They took the time to understand our company as it relates to product market fit and market demands, and share their insights as well as make introductions to investors and entrepreneurs to assist in our funding initiatives. They are a crucial, responsive, and insightful resource.”
