London Technology Club (LTC) recently celebrated a successful exit for its founder and CEO, Konstantin Sidorov, from the sale of Partner Relationship Management (PRM) company Channel Mechanics to Allbound. This acquisition has created the industry’s most comprehensive PRM platform, with over 1.1 million registered opportunities totaling more than $140 billion in sales through partnerships. Sidorov, with over 30 years of experience as an international entrepreneur and investor, has seen a strong return on his initial investment in Channel Mechanics.
Under Sidorov’s leadership, LTC has grown into a community of over 120 club members, VCs, and technology experts, with a track record of targeted investments. Their success can be attributed to their advisory board, which includes distinguished investors such as Jim Mellon, Peter Brabeck-Letmathe, June Felix, Kirill Tatarinov, and Martin Gilbert. The LTC recently secured the first closing of their latest fund, LTC Pledge Fund IV, focusing on investments in companies valued between $100 million and $1 billion, with a strong emphasis on Artificial Intelligence (AI).
The London Technology Club, founded in 2018, offers an exclusive community for family offices, private investors, VC firms, entrepreneurs, and technology experts. With offices in London and Dubai, the Club provides co-investment opportunities, learning experiences, and access to competitive VC funds with attractive returns. They cover a range of tech sectors, including Mobility, AI, FinTech, SaaS, Cybersecurity, MarTech, DeepTech, and Impact Investments.
Channel Mechanics, now part of Allbound, is a Channel Program Automation Platform that focuses on making partnership business operations easier. The platform is utilized by leading vendors to drive competitive advantage, accelerate revenue, and enhance partner loyalty. Through the Channel Mechanics platform, vendors can design, configure, launch, and measure multiple partner programs for all partner types, creating a frictionless partner experience.
Overall, the successful acquisition of Channel Mechanics by Allbound highlights the continued growth and positive outlook in the tech investment market. LTC’s strategic investments, world-class advisory board, and strong track record position them as a key player in the technology sector, offering unique opportunities for investors and partners alike.
For more information, visit the London Technology Club’s website and explore the exciting tech sectors they cover, as well as the impact of the Allbound acquisition of Channel Mechanics.
Source link
