Snapshot overview
Triangle Digital Ventures was founded by Jordan Stolper and Mo Lam to acquire, recapitalize, and grow B2B SaaS companies. In early 2018, it acquired Peterson's from Nelnet.
Company story
Triangle Digital Ventures was founded by Jordan Stolper and Mo Lam in September 2016 to acquire, recapitalize, and grow B2B SaaS companies. Triangle Digital Ventures acquires technology and media business specializing in corporate carve outs, mature startups, and special situations. Triangle Digital Ventures is registered in Colorado and Delaware under two different business entity names.
Triangle Digital Ventures I and II
Triangle Digital Ventures I, LLC
Triangle Digital Ventures I, LLC, is a limited liability company founded in Delaware in 2017. According to the official website of the State of Delaware, Triangle Digital Ventures I, LLC first incorporated on December 5, 2017. As of January 2020, The Company Trust Company acts as the registered agent for Triangle Digital Ventures I, LLC, in Delaware.
The State of Delaware Division of Corporations assigned Triangle Digital Ventures I, LLC the file number 6647689; the file number is a system-assigned number to place the filing in the correct order on the state database.
Triangle Digital Ventures I, LLC is also registered in Colorado. According to the Colorado Secretary of State, Triangle Digital Ventures I, LLC registered as a foreign limited liability company with jurisdiction in Delaware on October 28, 2019. The Colorado Secretary of State uses the ID number 20191863652 to identify Triangle Digital Ventures I, LLC as a foreign LLC doing business in the state.
Triangle Digital Ventures II, LLC
Triangle Digital Ventures II, LLC is a limited liability company founded in Delaware in 2019. According to the official website of the State of Delaware, Triangle Digital Ventures II, LLC first incorporated on December 5, 2017. As of January 2020, The Company Trust Company acts as the registered agent for Triangle Digital Ventures II, LLC in Delaware.
The State of Delaware Division of Corporations identifies Triangle Digital Ventures II, LLC with file number 7459466.
Triangle Digital Ventures II, LLC is also registered in Colorado. According to the Colorado Secretary of State, Triangle Digital Ventures II, LLC registered as a foreign limited liability company with jurisdiction in Delaware on June 26, 2019. The Colorado Secretary of State uses the ID number 20191522520 to identify Triangle Digital Ventures I, LLC as a foreign LLC doing business in the state.
Triangle Digital Ventures I and II in 2020
As of January 2020, Triangle Digital Ventures I, LLC and Triangle Digital Ventures II, LLC both have “good standing” status with the Colorado Secretary. Both entities use C T Corporation System as a registered agent.
The official address of Triangle Digital Ventures. According to Mid-Market List, the founders rented a virtual office through Regus in Los Angeles, California, up until January 2018. In early 2018, Triangle Digital Ventures acquired Peterson’s from Nelnet, and it’s official address changed to the Colorado headquarters of Peterson’s LLC.
Both Triangle Digital Ventures entities list the same principal office address, 8740 Lucent Boulevard, Suite 400, Highlands Ranch, CO 80129, on their profile with the Colorado Secretary of State. This address is the same one featured on the official Triangle Digital Ventures website as well as the contact address for Peterson’s LLC, a company acquired by Triangle Digital Ventures in December 2017.
Company ownership and leadership
Jordan Stolper and Mo Lam founded Triangle Digital Ventures
According to their LinkedIn profiles, Jordan Stopler and Mo Lam founded Triangle Digital Ventures in September 2016. According to a 2018 press release from Newswire, Triangle Digital Ventures acquired the Peterson’s brand and its family of products on December 31, 2017.
As of January 2020, Lam is a partner at Triangle Digital Ventures and serves as the President and CFO of Peterson’s. Stolper lists his titles as Managing Director of Triangle Digital Ventures and CEO of Peterson’s.
Websites and services offered by Triangle Digital Ventures
TriangleDV.com is the official website of Triangle Digital Ventures
TriangleDV.com is the official company website for Triangle Digital Ventures. TriangleDV.com declares Triangle Digital Ventures acquires “technology and media businesses” and specializes in “corporate carve outs, mature startups, and special situations.”
As of January 2020, the portfolio section of TriangleDV.com features three brands:
- Peterson’s: a publishing company acquired from Nelnet (NYSE: NNI) in early 2018.
- Droplt: a company which provides designers, developers, and agencies with screen sharing and collaboration tools
- B.E.S. Publishing: a publisher of children’s, hobby, and lifestyle books. In December 2019, Publisher’s Weekly announced Peterson’s Publishing acquired Barron’s Educational Series (B.E.S.) Publishing, Inc.
Petersons.com is the most popular website owned by Triangle Digital Ventures
Petersons.com is the official website of Peterson’s LLC, a company acquired by Triangle Digital Ventures as of January 2018. Petersons.com offers products and services to keep students and their families engaged with the educational experience through college search tools, scholarship search tools, test prep, editing services, marketing services, research, publishing, data licensing, and a memory retention system through Dean Vaughn.
Ahrefs, an SEO tool used to analyze websites, features a list of the top 1 million websites in its database, which is updated in real-time. In January 2020, Petersons.com was among the top three percentile of the one million highest ranking sites in the Ahrefs database. According to a January 2020 snapshot from Ahrefs, Petersons.com had an Ahrefs Rank (AR) of 21,783 in the database of over 100 million websites, making it one of the top sites.
Jordan Stopler and Mo Lam founded Triangle Digital Ventures in September 2016. As of January 2020, both partners are still active team members.
Operations
TriangleDV.com lists founders Mo Lam and Jordan Stolper as the only members in its team section on the homepage. The official Triangle Digital Ventures LinkedIn, confirms the company size between 2-10 members with Lam and Stolper as the only two members of the company with LinkedIn accounts.
Triangle Digital Ventures acquires B2B SaaS businesses and then invests capital and operational expertise in driving growth through a five-step process. According to TriangleDV.com, the five steps include an initial conversation, non-disclosure agreement, letter of intent, customer/technical/team diligence, and an accelerated closing period (usually 60 days or less).
1 Website
The total number of writing service websites that Triangle Digital Ventures II, LLC owns and operates is 1.
Basics
Type: Privately HeldSize: 2-10 employees
Funding: Unknown
Founded: January, 2018
Location
Triangle Digital Ventures II, LLC8740 Lucent Blvd, Ste 400
Highlands Ranch, Colorado 80129
United States of America