Nick Hungerford was an entrepreneur and philanthropist.
Nick Hungerford was an English entrepreneur who specialized in developing financial technology (FinTech) solutions. He was best known for being rejected by 45forty-five investors before gettingreceiving funding for his startupstart-up company, which was eventually sold for an estimated $1 billion.
Hungerford was born and raised in the United Kingdom. He attendedearned a degree in economics from Exeter University, where he earned a degree in economics. He then worked in investment banking in London for companies such as Barclays.
After seven years of working in London, Hungerford moved to the United States to attend Stanford Universityy. While attending Stanford, hewhere came up with the idea for a decentralized way to make and manage investments so that the opportunity to invest would be available to the general public and not people who can typically afford wealth management.
Hungerford earned his MastersMaster of Business Administration from Stanford and started to develop a plan for a FinTech company with a focus on investing. His idea was rejected by the first 45forty-five investors he pitched for funding, but he eventually secured funding for his idea. In 2011, he co-foundedcofounded Nutmeg, a FinTech company that develops decentralized investing products and solutions. The company ended up beingwas sold to JP Morgan for an estimated $1 billion in 2021.
Hungerford also held leadership positions in other FinTech and entrepreneur-related organizations, such as the UK Global Entrepreneur Program, Hulgrave, multiply.ai, and Neat. In 2016, he became a partner at venture capital firm Portage, which focuses on investing in startupsstart-ups and helping other entrepreneurs.
In 2022, Hungerford co-founded withand his wife, Nancy, cofounded a charity called Elizabeth's Smile. The charity is dedicated to providing resources to children who lose a parent to terminal illness. It is named after the couple's daughter because Nick Hungerford was diagnosed with Ewing sarcoma, a rare form of bone cancer, in 2019. He received treatments for the cancer, but eventually passed away from it in July 2023 at the age of 43forty-three.
Nick Hungerford was an entrepreneur and philanthropist.
Hungerford was born and raised in the United KingdomUnited Kingdom. He attended Exeter University where he earned a degree in economics. He then worked in investment banking in LondonLondon for companies such as BarclaysBarclays.
After seven years of working in London, Hungerford moved to the United StatesUnited States to attend Stanford UniversityStanford University. While attending Stanford, he came up with the idea for a decentralized way to make and manage investments so that the opportunity to invest would be available to the general public and not people who can afford wealth management.
Hungerford earned his Masters of Business Administration from Stanford and started to develop a plan for a FinTech company with a focus on investing. His idea was rejected by the first 45 investors he pitched for funding but he eventually secured funding for his idea. In 2011, he co-founded NutmegNutmeg, a FinTech company that develops decentralized investing products and solutions. The company ended up being sold to JP MorganJP Morgan for an estimated $1 billion in 2021.
Hungerford also held leadership positions in other FinTech and entrepreneur-related organizations such as the UK Global Entrepreneur Program, HulgraveHulgrave, multiply.ai, and NeatNeat. In 2016, he became a partner at venture capital firm PortagePortage, which focuses on investing in startups and helping other entrepreneurs.
In 2022, Hungerford co-founded with his wife, Nancy, a charity called Elizabeth's SmilesSmile. The charity is dedicated to providing resources to children who lose a parent to terminal illness. It is named after the couple's daughter because Nick Hungerford was diagnosed with Ewing sarcoma, a rare form of bone cancer, in 2019. He received treatments for the cancer, but eventually passed away from it in July 2023 at the age of 43.
July 6, 2023
2022
2021
2010
June 17, 1980
Nick Hungerford was an English entrepreneur who specialized in developing financial technology (FinTechFinTech) solutions. He was best known for being rejected by 45 investors before getting funding for his startup company, which was eventually sold for an estimated $1 billion.
Hungerford was born and raised in the United Kingdom. He attended Exeter University where he earned a degree in economics. He then worked in investment banking in London for companies such as Barclays.
After seven years of working in London, Hungerford moved to the United States to attend Stanford University. While attending Stanford, he came up with the idea for a decentralized way to make and manage investments so that the opportunity to invest would be available to the general public and not people who can afford wealth management.
Hungerford earned his Masters of Business Administration from Stanford and started to develop a plan for a FinTech company with a focus on investing. His idea was rejected by the first 45 investors he pitched for funding but he eventually secured funding for his idea. In 2011, he co-founded Nutmeg, a FinTech company that develops decentralized investing products and solutions. The company ended up being sold to JP Morgan for an estimated $1 billion in 2021.
Hungerford also held leadership positions in other FinTech and entrepreneur-related organizations such as the UK Global Entrepreneur Program, Hulgrave, multiply.ai, and Neat. In 2016, he became a partner at venture capital firm Portage, which focuses on investing in startups and helping other entrepreneurs.
In 2022, Hungerford co-founded with his wife, Nancy, a charity called Elizabeth's Smiles. The charity is dedicated to providing resources to children who lose a parent to terminal illness. It is named after the couple's daughter because Nick Hungerford was diagnosed with Ewing sarcoma, a rare form of bone cancer, in 2019. He received treatments for the cancer, but eventually passed away from it in July 2023 at the age of 43.
Nick Hungerford was an entrepreneur and philanthropist.
Nick Hungerford was an English entrepreneur who specialized in developing financial technology (FinTech) solutions. He was best known for being rejected by 45 investors before getting funding for his startup company, which was eventually sold for an estimated $1 billion.
Nick Hungerford was an entrepreneur and philanthropist.
Nick Hungerford was an entrepreneur and philanthropist.