Who We Are

 

White Shark Management is an alternative investment firm.

Our public market research is focused on how quantum mathematics can be used to better understand the complexities of financial markets. Based on this research, we develop and execute volatility-adjusted, algorithmic investment strategies that drive performance through an improved risk management framework.

White Shark Ventures, our private investment arm, executes a founder-focused, sector-agnostic strategy that supports unique individuals developing new normals.

Investment Philosophy

 

The great white shark is a crowning achievement of evolution; however, these sharks are routinely demonized and unanimously feared due to inaccurate representations and misunderstandings. This powerful, instinctual hunter plays a pivotal role in the marine ecosystem, one that is essential to the health of our oceans and the wellbeing of humanity. As such, white sharks should elicit respect and curiosity, not fear.

By reimagining our understanding of the white shark, we can realize the true value of this apex hunter and its symbiotic relationship with mankind, which have been lost in the fog of misconception.

WSM_Shark_Lineart_2

White Shark was founded to challenge popular ideas about risk. We believe that groupthink within the investment community has stunted investment strategy innovation due to fear of straying too far from the pack. We dismiss this herd mentality in search of new approaches to solving complex financial market problems.

Like our namesake, we hunt alone.

Our Approach

 

White Shark uses a quantitative approach that equates the complexity of nature to that of financial markets. The study of the subatomic natural world, or quantum mechanics, can be characterized by a high degree of complexity consisting of innumerable random variables. Similarly, financial markets are a collection of intricate, interrelated systems consisting of myriad variables. We use an algorithmic approach that applies the mathematical framework of quantum mechanics to financial markets in order to better understand, and more accurately forecast, the short-term behavior of random variables within financial markets.

This volatility-adjusted approach creates a robust risk management framework that enables investors to perpetually embrace risk in their portfolios rather than position against it, which mitigates cyclical asset allocation concerns, bolsters portfolio performance across market cycles and provides material diversification benefits.

Wealthramp
Wealthramp

Wealthramp, Inc. is an SEC-registered free online service that matches consumers of all ages and wealth levels with best-in-class fiduciary, fee-only financial advisors. Built on the foundation of consumer advocacy and fee transparency, the company maintains a proprietary network of fiduciary, fee-only financial advisors who are rigorously vetted by internal quality control specialists. Wealthramp screens out conflicts of interest and engages only with established advisors who don’t sell products and work solely in the interests of their clients. The company’s advanced matching technology aligns each advisor’s expertise to a customer’s individual needs to quickly deliver personalized, best-fit advisor matches. Unlike other volume-based services, the customer controls the entire Wealthramp process. Only the customer can initiate contact with an advisor match and Wealthramp provides the coaching and educational resources needed to make an informed hiring decision. Wealthramp was founded by Pam Krueger, a renowned financial television host, producer, personal finance author and life-long investor advocate. After years of investor education and advocacy, Pam launched Wealthramp to provide individuals with a trusted, affordable source of financial advice that is tailored to their specific needs.

Sector
Financial Technology
Investment Date
September 2021
Leadership

Pam Krueger
Diane Woolf

Location

Osterville, MA

Website

www.wealthramp.com

Status

Active; Seed

Venture Capital

We provide Seed/A financing to founders solving complex problems and developing new normals. We take a founder-focused approach, meaning that we believe the team drives successful business outcomes more than anything else. As such, we look to support ambitious leaders who have the courage to challenge consensus, the imagination and creativity to redefine what’s possible, and the grit, humility, resourcefulness and emotional intelligence to execute their vision.

Venture Capital

We provide Seed/A financing to founders solving complex problems and developing new normals. We take a founder-focused approach, meaning that we believe the team drives successful business outcomes more than anything else. As such, we look to support ambitious leaders who have the courage to challenge consensus, the imagination and creativity to redefine what’s possible, and the grit, humility, resourcefulness and emotional intelligence to execute their vision.

Accern Corporation
Accern Corporation

Accern is a no-code artificial intelligence platform that automates workflows and risk management for the financial services industry. Accern specializes in Natural Language Processing and Predictive Modeling. Their solutions drive organizational efficiency within financial institutions by automating text-based workflows and generating real-time recommendations. Accern enables rapid deployment of AI-powered business intelligence by providing finance-specific pre-trained analytic models and ready-made risk management solutions for banks, asset managers and insurance companies. Additionally, Accern’s business intelligence solutions are fully customizable to fit any use-case. The platform is cloud-agnostic with fully containerized deployment orchestrated via Docker Swarm and Kubernetes, with flexible deployment options via secured SaaS, dedicated private cloud or on-premise server.

Sector
Enterprise Technology
Investment Date
September 2018
Leadership

Kumesh Aroomoogan
Dr. Anshul Vikram Pandey

Location

New York, NY

Website

www.accern.com

Status

Active

Aevum
Aevum

Aevum provides comprehensive Space logistics and responsive launch services that enable reliable, low-cost, on-demand deployment of small payloads to low Earth orbit. Aevum has developed the world’s first fully autonomous, reusable launch vehicle dedicated to small launch that can deliver payloads to low Earth orbit with an industry-leading launch rate of 180 minutes. Aevum’s revolutionary Ravn family of launch vehicles is part of the company’s Space Delivery Service, which bundles all phases of the launch process into a single, end-to-end product and provides customizable, precision orbital deployment of small payloads. Aevum’s smart launch architecture is fully integrated by a proprietary technology suite, requires no specialized launch sites and is interoperable with existing ground infrastructure. Aevum’s Space Delivery Service is the first all-inclusive responsive launch offering developed to meet the complex mobility and logistical challenges of the evolving Space domain. Through its services, Aevum seeks to address global communication challenges and democratize access to Space by removing cost and logistical barriers, a fundamental step toward the development of new Space-based technologies and the overall growth of the Space Economy.

Sector
Space Launch & Logistics
Investment Date
December 2019
Leadership

Jay Skylus

Location

Huntsville, AL

Website

www.aevumspace.com

Status

Active

Misadventure Co.
Misadventure Co.

Misadventure Co. is the world’s first distillery making a premium craft vodka from excess baked goods that would otherwise be destined for a landfill – think the entire bakery aisle of your local grocery store. The company is a pioneer of hedonistic sustainability across the spirits and hospitality industries and a leader in innovative approaches to solving the massive food waste problem plaguing our environment. Misadventure Co. believes that sustainability can be enjoyable. Not only does the spirit taste great, but each bottle of the company’s vodka saves two pounds of bread from a landfill, allowing all consumers to be part of the solution with every sip.

Sector
Distilled Spirits Manufacturing
Investment Date
March 2018
Leadership

Sam Chereskin
Whit Rigali

Location

San Diego, CA

Website

www.misadventure.co

Status

Active

Management

Scott Roman

Founder & President

Scott Roman is the Founder and President of White Shark Management LLC. Prior to founding White Shark, Mr. Roman was a member of the Century Equity Partners team where he was responsible for the evaluation of investment opportunities within the financial services and healthcare sectors, portfolio company management, and the development of unique investment theses. Prior to joining Century, Mr. Roman was a member of the Technology Services investment banking group at Raymond James where he focused on mergers & acquisitions, capital raising activities and strategic advisory. Mr. Roman earned a B.A. with a double concentration in Economics and Government & Legal Studies from Bowdoin College.

Contact

 





    Ingenii, Inc. is a quantum computing-as-a-service (QCaaS) company that integrates classical and quantum computation through one easy-to-use interface. The company’s mission is to accelerate research within Life Sciences through a fully integrated data platform that combines classical and quantum data analytics, development, and storage in a single client-owned cloud environment. Ingenii’s platform enables organizations to build powerful data analytics tools, incorporate artificial intelligence into their workflows, and optimize business performance without having to hire a team of data engineers. The company’s platform will accelerate the adoption of quantum technologies into a business’ conventional technology stack by integrating with leading quantum hardware and service providers to offer a comprehensive suite of quantum resources within its development environment. Ingenii’s platform will facilitate the enterprise transition from classical to quantum computing by enabling quantum solutions from multiple providers to run seamlessly alongside classical data platforms within a single cloud environment. As the quantum transition progresses, Ingenii’s bridge engine will further optimize enterprise workflows by making real-time recommendations that help users allocate resources efficiently between classical and quantum computing.

    SECTOR

    Enterprise Software

    INVESTMENT DATE

    February 2022

    LEADERSHIP

    Christine Johnson
    Marko Djukic

    LOCATIONS

    New York, NY (HQ)
    United Kingdom

    WEBSITE

    www.ingenii.io

    STATUS

    Active; Seed

    Wealthramp, Inc. is an SEC-registered free online service that matches consumers of all ages and wealth levels with best-in-class fiduciary, fee-only financial advisors. Built on the foundation of consumer advocacy and fee transparency, the company maintains a proprietary network of fiduciary, fee-only financial advisors who are rigorously vetted by internal quality control specialists. Wealthramp screens out conflicts of interest and engages only with established advisors who don’t sell products and work solely in the interests of their clients. The company’s advanced matching technology aligns each advisor’s expertise to a customer’s individual needs to quickly deliver personalized, best-fit advisor matches. Unlike other volume-based services, the customer controls the entire Wealthramp process. Only the customer can initiate contact with an advisor match and Wealthramp provides the coaching and educational resources needed to make an informed hiring decision. Wealthramp was founded by Pam Krueger, a renowned financial television host, producer, personal finance author and life-long investor advocate. After years of investor education and advocacy, Pam launched Wealthramp to provide individuals with a trusted, affordable source of financial advice that is tailored to their specific needs.

    SECTOR

    Financial Technology

    INVESTMENT DATE

    September 2021

    LEADERSHIP

    Pam Krueger
    Diane Woolf

    LOCATION

    Osterville, MA

    WEBSITE

    www.wealthramp.com

    STATUS

    Active; Seed

    Scott Roman

    Founder + Managing Partner

    Scott has over a decade of financial services and entrepreneurial experience across both the buy-side and sell-side. Scott is the Founder and Managing Partner of White Shark Management, the seed stage investment firm focused on new normals. Scott also serves on the advisory boards of multiple technology companies in the enterprise software and consumer technology spaces.

    Prior to founding White Shark, Scott was with Century Equity Partners where he served in numerous board-level roles, provided financial, operational, and strategic support to select portfolio companies, and evaluated investment opportunities across the financial and health care sectors. Prior to joining Century, Scott was in the Technology Services investment banking group at Raymond James where he focused on mergers and acquisitions, equity and debt financings, and strategic advisory in the financial technology space.

    Scott graduated from Bowdoin College where he earned a BA with a double concentration in Economics and Government, and captained the Varsity Football team.

    ZwitterCo is a membrane technology company that provides water treatment and advanced separation solutions. ZwitterCo provides hydrophilic membranes that can filter historically un-filterable process water and wastewater that is rich with fats, oils, proteins and other hard-to-remove organic compounds. ZwitterCo’s membranes are built from a breakthrough zwitterionic copolymer developed at Tufts University, which is capable of solving organic separation challenges that would be infeasible for other technologies. Their technology is not a modification of an existing chemistry, but rather a new material that maintains unprecedented fouling resistance while performing high-precision separation, enabling the safe, affordable reuse and discharge of wastewater. ZwitterCo’s membrane technology allows operators to implement more sustainable methods of wastewater management through improved dewatering, pretreatment, and selective separation processes. The company targets applications in bioprocessing, agricultural waste treatment, food and beverage, and other industries where standard membrane solutions foul and quickly degrade in performance.

    SECTOR

    Water Treatment

    INVESTMENT DATE

    January 2021

    LEADERSHIP

    Alex Rappaport
    Chris Drover
    Chris Roy
    Greg Fisichelli

    LOCATION

    Cambridge, MA

    WEBSITE

    www.zwitterco.com

    STATUS

    Active; Series A

    Lost & Found is a CleanTech company that reduces the environmental impact of consumer product businesses through a clean ethanol platform. The company’s proprietary technology turns food waste into clean ethanol through a carbon-negative production process. Lost & Found is creating a new form of sustainable capitalism for the next generation of environmentally-conscious consumers by developing quality upcycled products that are easily accessible. The company’s technology catalyzes this transition by upcycling waste and turning the recycled byproduct into the product itself, thereby redefining how the market thinks about the marginal environmental impact of CPG products. Lost & Found is moving beyond the challenger brand business model to provide a high-impact, enterprise-level sustainability solution to large CPG companies at scale.

    SECTOR

    CleanTech

    INVESTMENT DATE

    March 2018

    LEADERSHIP

    Sam Chereskin
    Whit Rigali

    LOCATION

    San Diego, CA

    WEBSITE

    www.misadventure.co

    STATUS

    Active; Seed

    ALTO is the first AI-powered supply chain optimization platform dedicated to the legalized cannabis space. ALTO’s 360-degree view of the customer’s decision-making process allows the company to automate supply chains by anticipating customer needs. This insight allows ALTO to provide cannabis producers with real-time product sourcing, reduced lead times and lower costs, while enabling manufacturers to satisfy demand more efficiently and increase market penetration.

    SECTOR

    Enterprise Software

    INVESTMENT DATE

    January 2018

    LEADERSHIP

    Anthony Davis

    Jesus Diaz

    Rob Demagistris

    LOCATION

    Seattle, WA

    WEBSITE

    www.altosupplies.com

    STATUS

    Inactive

    Aevum is making global logistics autonomous. The Aevum platform merges terrestrial and extraterrestrial transport, providing on-demand precision delivery to any destination below 2,000 kilometers within 180 minutes. The logistics platform has broad industry applications, including end-to-end responsive Space launch services that provide rapid, precision orbital deployment of small payloads to low Earth orbit, in addition to on-demand terrestrial cargo and drone delivery. The smart launch architecture, which includes the Ravn family of launch vehicles and the world’s largest UAS, is fully integrated by a proprietary technology suite, requires no specialized launch sites and is interoperable with existing ground infrastructure. Aevum’s autonomous logistics platform is the first all-inclusive responsive launch offering developed to meet the complex mobility and logistical challenges of the evolving global economic surface.

    SECTOR

    Logistics & Transportation

    INVESTMENT DATE

    December 2019

    LEADERSHIP

    Jay Skylus

    LOCATION

    Denver, CO (HQ)

    Huntsville, AL

    WEBSITE

    www.aevumspace.com

    STATUS

    Active; Seed

    Accern is a no-code artificial intelligence platform that automates workflows and risk management for the financial services industry. Accern specializes in Natural Language Processing and Predictive Modeling. Their solutions drive organizational efficiency within financial institutions by automating text-based workflows and generating real-time recommendations. Accern enables rapid deployment of AI-powered business intelligence by providing finance-specific pre-trained analytic models and ready-made risk management solutions for banks, asset managers and insurance companies. Additionally, Accern’s business intelligence solutions are fully customizable to fit any use-case. The platform is cloud-agnostic with fully containerized deployment orchestrated via Docker Swarm and Kubernetes, with flexible deployment options via secured SaaS, dedicated private cloud or on-premise server.

    SECTOR

    Enterprise Software

    INVESTMENT DATE

    September 2018

    LEADERSHIP

    Kumesh Aroomoogan
    Dr. Anshul Vikram Pandey

    LOCATION

    New York, NY (HQ)

    WEBSITE

    www.accern.com

    STATUS

    Active; Series B