Fliegel and Levine, Boston based start up entrepreneurs are the brains and driving force behind Bridge Boys.
Jordan Fliegel Jeremy Levine
Jordan Fliegel and Jeremy Levine as well as having been close friends since childhood also know a thing or two about startups, with both of them running one each of their own.
However. The pair who have been close friends since they first played baseball together in the Little League for the West Cambridge Cardinals in Boston, have decided to pull their energies and experience to provide startups with some initial seed capital as well as equally valuable advice and mentorship in the early stages of getting a business off the ground, as they have succeeded in doing.
Their seed fund, under the title of Bridge Boys has made a total of 19 investments to date, all of them in fledgling companies based in and around the city of Boston Massachusetts. Average investments range between $10, 000 to a current upward ceiling of $25, 000.
In order to establish their Bridge Boys initiative, Fliegel and Levine took advantage of their positive reputation in establishing and growing their own companies to raise a total of $300, 000 in venture capital.
Discussing their joint enterprise Jordan Fliegel confessed that he and Levine felt that they had enjoyed something of an “unfair advantage” over other startup owners because when they launched their own enterprises, they could bounce their ideas and problems off each other. Now
“We established Bridge Boys with the intention of extending the strong connection and support system that we used to help one another in a larger group. We don’t want to the investments we make in startups to be only about the size of the check instead to help the founder through the early stages of establishing the company, including raising capital, taking on a partner or hiring a law firm or accountant ” Fliegel went on to add
The Bridge Boys formula seems to be working, with seven of the startups in which they were the initial investors going on to raise at additional funding
Among the companies who are still part of Bridge Boys’ portfolio are Wymsee, who are graduates of the 2012 Techstars Boston accelerator, who succeeded in raising $2.5 million in funding earlier this month, and Dashbell, who raised close to three quarters of a million dollars in funding in August of last year.
StarStreet, Jeremy Levine’s start up provides a choice of online fantasy sports games. The company reported a $1.45 million equity fundraiser in August, bringing their total funding since their opening to around $2 million.
CoachUp , Jordan Fliegel’s start up is an online network of private coaches for hire Fliegel recently announced that he has raised $6.7 million in second round funding round for the company, bringing his total funding since forming the company in 2012 to $9.4 million.