Juxtapose Company Profile

Background

Juxtapose is a venture capital and company creation firm based in New York City, founded in 2015 by Patrick Chun and Jed Cairo. The firm specializes in building industry-transforming technology businesses from the ground up, focusing on multi-decade opportunities in complex industries. Juxtapose's mission is to partner with experienced entrepreneurs to create category-defining companies that leverage human-centered design, commercial strategy, executive talent assessment, and technology. Over the past two decades, the Juxtapose partnership has been involved in the development of over twenty companies.

Key Strategic Focus

Juxtapose employs a rigorous, structured, and systematic process to greenlight businesses. This includes industry value-chain mapping, customer value-lever identification, technology exploration, and unit economic analysis. The firm emphasizes human-centered ethnographic research, journey mapping, and behavioral research to identify pain points and develop value propositions. Juxtapose partners with seasoned entrepreneurial operators, focusing on commercial opportunities that offer disproportionately strong returns relative to the capital and time invested. The firm is committed to creating positive and inevitable futures through its ventures.

Financials and Funding

As of the latest available data, Juxtapose has an estimated annual revenue of approximately $12.8 million, with a revenue per employee of $145,000. The firm closed a $300 million fund in March 2020, bringing its total assets under management to $450 million. Juxtapose's portfolio includes 16 companies across healthcare, software, and tech-enabled services.

Pipeline Development

Juxtapose's portfolio comprises several innovative companies at various stages of development:

Earned: A wealth technology-enabled platform designed specifically for physicians, addressing their unique financial needs and stressors.

Lanai: A software platform that helps enterprises safely and securely leverage AI in the workplace, providing visibility into AI interactions and enforcing policies in real-time.

Orchard: A technology real estate platform revolutionizing the home transaction experience from search to close, enabling customers to manage their entire experience through one digital platform.

Tend: A dental experience provider leveraging top consumer technology and modern processes to offer hassle-free, personalized, and straightforward oral health services.

Dayforward: A full-stack digital life insurance carrier offering income replacement products designed to ensure that loved ones' essential needs are met in the event of a policyholder's death.

Technological Platform and Innovation

Juxtapose differentiates itself through its proprietary methodologies and innovative approaches:

Concept Development: Combining fundamental investment research with pragmatic company building to uncover opportunities with asymmetric upside and mitigated risk.

User Research and Design: Employing human-centered design to understand constituencies deeply and design solutions addressing pressing pain points.

Founding Talent: Implementing rigorous talent processes to assess, attract, and retain high-quality leaders for founding teams.

Capital Partnering: Developing unique capital strategies that bend the risk-return curve for portfolio companies.

Leadership Team

Juxtapose's leadership comprises experienced professionals dedicated to company creation:

Patrick Chun: Managing Partner and Co-Founder, with a background in venture capital and company creation, including experience at Thrive Capital and Accretive.

Jed Cairo: Managing Partner and Co-Founder, with experience in private equity at KKR and leadership at BeaconLight Capital.

Ben West: Partner focusing on concept development, with a decade of experience in venture capital and company creation, including roles at Oxeon Ventures and Atomic Labs.

Anne-Marie Shelley: General Counsel overseeing legal and compliance matters, with prior experience at Accretive and law firms Chadbourne & Parke LLP and Fried, Frank, Harris Shriver & Jacobson.

Leadership Changes

In September 2021, Juxtapose partnered with John Clendening, former CEO of Blucora Inc. and senior executive at Charles Schwab, to launch a new financial technology company focused on wealth management services tailored to healthcare and medical professionals. Clendening brings extensive management and operating experience in financial services to this venture.

Competitor Profile

Market Insights and Dynamics

The venture capital and company creation industry is characterized by significant competition, with numerous firms vying to identify and develop innovative startups. The market is driven by technological advancements, evolving consumer needs, and the potential for high returns on successful investments.

Competitor Analysis

Juxtapose operates in a competitive landscape alongside firms such as QuantiTech, Fleetio, and ChipRewards. These competitors focus on various sectors, including technology services and software solutions. Juxtapose differentiates itself through its emphasis on building companies from the ground up, partnering with experienced entrepreneurs, and focusing on long-term, complex industry opportunities.

Strategic Collaborations and Partnerships

Juxtapose collaborates closely with seasoned entrepreneurial operators to build and scale category-defining technology companies. The firm has partnered with leaders such as John Clendening to develop innovative financial technology solutions. Additionally, Juxtapose works with a network of industry experts and advisors to support the growth and success of its portfolio companies.

Operational Insights

Juxtapose's strategic considerations include maintaining a high standard for talent, investing time in thorough diligence processes, and ensuring sustainable advantages in each venture. The firm's focus on human-centered design, rigorous concept development, and strategic capital partnering positions it distinctively in the market.

Strategic Opportunities and Future Directions

Juxtapose aims to continue building industry-transforming businesses by identifying novel and valuable interventions, focusing on clear commercial opportunities, and contributing to positive and inevitable futures. The firm's commitment to partnering with experienced entrepreneurs and leveraging its unique capabilities positions it to capitalize on emerging opportunities in various sectors.