August 13th, 2014 by Eric Dobson
Knoxville, TN (PRWEB) August 13, 2014 – Angel Capital Group, a leading national angel investor network, is proud to announce that it has made an investment in Fiveworx, Inc. (www.fiveworx.com), which has developed a remarkable marketing automation platform purpose-built for the energy sector. Fiveworx provides utilities and other energy companies unprecedented marketing power by leveraging its proprietary Fiveworx ESP™ segmentation system—as well as deeply researched and quantified behavioral psychology and big data analytics—to deliver highly personalized, meaningful and relevant messages to clients’ customers.
Fiveworx launched its solution for utility energy efficiency programs in 2014, helping motivate American consumers to take the energy efficiency actions that will result in a true difference in their utility bills and comfort. The company has since expanded its client base to include retail energy companies, green building products manufacturers, and other segments of the energy sector.
Knoxville-based Fiveworx has patented its innovation, and is growing strongly. Patrick Hunt, CEO of Fiveworx, said “We’re extremely pleased by the market’s reception to the Fiveworx platform, and we’re seeing fantastic early results that are 2-3 times industry benchmarks. We’re thrilled to have Angel Capital Group a part of our team.”
Eric Dobson, CEO of Angel Capital Group, elaborated on the advantages of the company saying “Fiveworx’s SaaS platform coupled with a great management team and a rich body of validated science appealed to us. The Company has clear vision, proven execution, and a proven product.” Dobson added, “We expect great things of this company in the coming years.”
About Angel Capital Group
Angel Capital Group is an “angel” capital private equity network with 220 members in seven cities across six states including Ashland, KY, Denver, Co, Kansas City, Mo, Nashville, TN, Knoxville, TN, Charleston, SC, and South Florida (Ft. Lauderdale). The company was founded in 2008 in Nashville, TN and is headquartered in Knoxville, Tennessee. ACG has invested $4M in 35 companies across a variety of market sectors. ACG invests in 8 – 12 companies out of over 500 applications it receives per year. ACG’s resources have been used to create over 100 jobs across the portfolio and have generated over $15M in follow-on investment capital for these companies. For additional information about Angel Capital Group and its investment criteria, visit online at www.theangelcapitalgroup.com, @angelcapitalgr, www.facebook.com/angelcapitalgr.
CEO, Angel Capital Group
118 North Peters Road, Suite 159
Knoxville, TN 37923
Phone: (865) 272-9677