A New Venture in Startup Finance Technology is set to Launch; Finance, to nuEra Cannabis, to 312ALL, to VIDEAC
USA News PR August 15, 2024
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A New Venture in Startup Finance Technology is set to Launch; Finance, to nuEra Cannabis, to 312ALL, to VIDEAC
Chicago, IL - August 15, 2024 (USANews.com) - After nearly a decade in the finance industry, Joseph Phelan, a seasoned lender, broker, and eventual borrower/strategist for cannabis ventures, is set to revolutionize the sector with the launch of VIDEAC. This innovative startup aims to bring a fresh perspective to startup finance, leveraging Phelan's extensive experience and vision for a better way forward.
The inception of VIDEAC traces back to Phelan's work as a partner at nuEra Cannabis, where he collaborated closely with friends and family. Despite initial success, the venture faced significant challenges when nuEra Cannabis majority owners and management failed to honor their buyout offer, which would have funded the launch. This setback temporarily halted the progress of VIDEAC.
However, the story took a positive turn while Phelan was assisting in the launch of 312ALL, www.312ALL.com, a newly launched music management agency and marketing powerhouse. During discussions with industry experts, Phelan shared his journey from Finance to nuEra Cannabis to 312ALL and the original concept of VIDEAC. Intrigued by the potential, an investor offered to fund the development and launch of VIDEAC through a startup incubator.
Currently under construction, VIDEAC has successfully completed its initial round of funding. In partnership with Marvel Capital Group, the platform is poised to debut next year, promising to bring innovative solutions to the finance industry from a dynamic team.
For regular updates, follow Joseph Phelan on LinkedIn at http://www.linkedin.com/in/thephelan or visit videac.com for the latest news on the launch.
Contact:
Tink Ali
Marketing, VIDEAC and Co-Founder, 312ALL
Email: [email protected]
Joseph Phelan
Founder, VIDEAC
Email: [email protected]
Website: videac.com
Amanda Martin
Marvel Capital Group
Email: [email protected]