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Torch Capital Selects Cobalt for Portfolio Monitoring

January 13, 2022

New Client Announcement

Cobalt, a FactSet Company, (“Cobalt”), a leading portfolio monitoring solutions provider for the private capital industry, today announced that Torch Capital (“Torch”), a New York-based venture capital firm, has selected Cobalt to streamline their portfolio data collection process and enhance their reporting capabilities.

“As we continue to expand our portfolio, we recognized the need for a system to help us better analyze portfolio data and report to our investors with greater efficiency and transparency,” said Jonathan Keidan, Founder and Managing Partner at Torch Capital, “With Cobalt, we can standardize portfolio data, better identify trends, and create a single access point for professionals across our organization.”

Cobalt’s Portfolio Monitoring platform is the industry’s first self-service portfolio monitoring solution that combines the sophistication of a business intelligence tool with the approachability of consumer technology software. The platform redefines the portfolio monitoring technology category to meet widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.

“We are thrilled to welcome Torch Capital to Cobalt’s growing private equity and venture capital client base,” said Hank Boggio, Chief Commercial Officer at Cobalt. “For firms like Torch Capital that specialize in high-growth markets such as consumer internet and consumer-facing enterprise software, the ability to streamline operations while meeting the demand for flexible and transparent reporting is critical, and we look forward to supporting the firm’s continued growth and success.”

About Torch Capital

Torch Capital is a New York-based venture capital firm that invests in consumer sectors rapidly being disrupted such as healthcare, fintech, media, and commerce. Torch is a brand-focused investment firm built to shepherd the next generation of truly great mission driven consumer companies. We combine our unique experiences investing, operating and building brands to help catapult companies to their next stage of growth. To learn more about Torch Capital, visit https://torchcapital.vc.

About Cobalt

Cobalt, a FactSet Company, is private capital’s premiere portfolio monitoring solution. We are the industry’s key to collecting, analyzing, and reporting on fund and portfolio company financial metrics. Private equity and venture capital General Partners use Cobalt’s intuitive technology platform to gain critical operational efficiencies, address increasingly complex LP and management demands, and, ultimately, competitively position their firm. Based on clients’ firm size and investment style, Cobalt tailors its suite of solutions to suit their needs. We also place a premium on client service, so our team is available to our clients to identify smart solutions the way they need them. To learn more about Cobalt, visit: https://www.cobalt.pe/.