Expanse, a new asset management firm with a family office perspective, has announced the launch of its inaugural $18 million fund. The fund will invest in a diverse portfolio of businesses that utilize technologies such as AI and machine learning.
Founded by Connor Crown, Expanse’s mission is to invest in companies that are building the future of finance, healthcare, and commerce. The firm’s portfolio already includes several businesses on the forefront of enabling technologies, such as Hamsa, OneHealthGroup, Zocks, and Release Recovery.
The fund’s strategy is rooted in a four-generation family office ethos, focusing on a long-term capital deployment approach designed to deliver multi-generational asset appreciation. Expanse is specifically targeting the Fintech, Healthtech, and Insurtech industries.
KEY QUOTES:
“The Expanse team is thrilled to announce this new venture fund that brings together an esteemed group of family offices ready to invest in founders that are looking for real partners, ones with the operating experience and relationships to deliver exceptional value and support their growth into profitable and sustainable businesses.”
Expanse Founder Connor Crown
“Partnering with Expanse has been a game-changer for Hamsa. Expanse understands that the best investors are not just shareholders, but team members, working side-by-side with the CEO and his/her executive team to build industry defining companies that have highly scalable, profitable business models. The Expanse team has been instrumental in building our commercial go-to-market path and connecting us with key strategic and investment partners to accelerate our growth.”
Adam Zbar, Hamsa CEO
“The operations team at Expanse has made them an ideal partner for Zocks or any company on the forefront of building and delivering innovative new solutions to customers. We worked with them well before investing, and throughout, they demonstrated their ability to provide immediate value and a long-term mindset. It allows entrepreneurs to focus on growth and building a company with maximum value that lasts. We’ve really valued the partnership.”
Zocks CEO Mark Gilbert
