Pearlbend Ventures is an equity group that believes in the beginning. Entrepreneurs are creative visionaries that need not only the start-up capital to make ideas a reality but the partnership to make that reality a lasting company. Pearlbend is there to provide both that capital, the partnership, and the business know-how that any budding idea needs to make it into growth stage and beyond.
Founded in 2012, Pearlbend was formed as a holding company when founder Christopher Lomax began technology start-up Aimlistly. Since, Pearlbend has been transformed into a creative equity company built to support the tech and information economy in Mississippi. Pearlbend strives to build upon the creative economy in Mississippi by bringing Mississippi's abundance of creative capital to technology and information economy startups.
Most recently, Pearlbend pulled together investors to launch Mississippi's premier Startup Ecosystem, Mantle. Through its co.working spaces and its inc.ubator, Mantle. has attracted the largest number of startups located in a private organization in the State of Mississippi. Additionally, Pearlbend has worked with a number of tech startups in incubation and as an advisor; including: Speed Stable, Finaius, Padrick, and Marketect.
Now, with the momentum of Mantle., Pearlbend is moving into its next phase: seed capital. Over the past year Pearlbend has seen many competent founders and disruptive ideas from around our State. However, Mississippi continues to lag behind nearly every other State in entrepreneurial density, coding language fluency, and most importantly venture capital at the seed stage. These lagging economic assets are a problem for both the startups that are forced to leave and the State that is losing both tax revenue and top-notch human capital.
It is in these disconnects that Pearlbend is working to both make a difference for this place we call home and attempting to exploit a massive opportunity to back the best companies in Mississippi in a vertically integrated new-technology ecosystem. Steve Case predicts that there is a tech-wave that is swelling on the coasts that is about to start washing over the rest of the country. At Pearlbend, we are positioning our board in front of that Third Wave.
Check out the Sandbox newsletter from Mantle. for more detailed information on the tech landscape in Mississippi: Sandbox.