CENTREVILLE, VA. (PRWEB) – For the third consecutive year, Avenu Insights & Analytics (Avenu) was recognized as a GovTech 100 Company representing “the top 100 companies focused on making a difference in and selling to state and local government agencies across the United States.
The prestigious GovTech 100 list is compiled and produced by Government Technology magazine who stated that, “In a year that asked more of government than ever before, the growing and dynamic market of companies working to serve the public sector were partners in innovation and grew their businesses in the process.” Today’s heightened awareness to IT security threats around the globe, coupled with the demand for remote and instant access to information, made this year’s list vital to know which companies are adequately prepared to help jurisdictions prepare for the demands they face.
As a leading provider of software solutions and analytics for state and local governments, Avenu is making a big impact by driving results for governments and the communities they serve through administrative and revenue enhancement solutions. Avenu digitally transforms government by modernizing processes, providing online access to records, and reducing costs.
“Saying that 2020 was a challenging year would clearly be an understatement. Our team worked tirelessly to provide and implement solutions that our clients needed to function,” shared Paul Colangelo, Avenu CEO. “Digitally accessing records no longer was a wish-list item but a necessity for local governments to operate. It’s an honor to again be recognized for our efforts by GovTech.”
About Avenu Insights & Analytics
Over 3,000 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue enhancement solutions. Avenu’s comprehensive software solutions digitally transform government by modernizing processes, providing online access to records, and reducing costs. Avenu also provides a robust ecosystem of revenue management services that identify and recover untapped revenue. State and local governments work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit http://www.avenuinsights.com.
About Mill Point Capital
Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors. The firm works with executive partners to leverage its investment professionals’ experience, while providing strategic and operational guidance designed to drive long-term value creation in its portfolio companies. Mill Point is based in New York.
CENTREVILLE, VA. (PRWEB) – Avenu Insights & Analytics (Avenu), the nation’s leader in unclaimed property solutions, proudly announces the addition of cryptocurrency custody to its Unclaimed Property Solutions Portfolio. The new secure platform will receive in, deliver out, liquidate, purchase, and hold the most widely-used and popular types of cryptocurrency.
This is a result of a recently established relationship between Avenu and Gemini, one of the most trusted firms in the industry. Gemini is a licensed digital asset exchange and custodian that is owned and operated by Gemini Trust Company LLC, a New York trust company. Gemini is subject to comprehensive regulations under several federal and state laws, including those pertaining to unclaimed property and escheatment.
Trusted by more states than any other unclaimed securities custody provider, Avenu provides state administrators with a suite of comprehensive and cost-effective tools to manage all facets of their unclaimed property management. With a reputation built on over 35 years of experience, Avenu manages over $2 billion in unclaimed securities.
“Partnering with Gemini was a natural step for us to take,” shared Paul Colangelo, Avenu CEO. “As a leader in the industry, our clients expect us to stay at the forefront of trends so that we can deliver relevant solutions that they need from us today. Now our state clients can add cryptocurrency to their unclaimed property portfolio in a simple and secure way.” Avenu, in fact, is the first company in the United States to offer cryptocurrency as part of its portfolio to state clients.
About Gemini Trust Company, LLC
Gemini Trust Company, LLC (Gemini) is a cryptocurrency exchange and custodian that allows customers to buy, sell, and store more than 20 cryptocurrencies like Bitcoin, Bitcoin Cash, Ether, Litecoin, and Zcash. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York State Department of Financial Services and the New York Banking Law. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss to empower the individual through cryptocurrency. To learn more, visit gemini.com.
About Avenu Insights & Analytics
As a leading provider in state and local government solutions, Avenu has partnered with over 3,000 state and local governments to boost revenue, optimize operations, and reduce costs. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital.
CENTREVILLE, VA. (PRWEB) – Today, Avenu Insights & Analytics (Avenu) announced that Pike County, Ohio has “gone live” with its new cloud-based Records Solution. A long-standing, loyal client, the Pike County Recorders Office has been collaborating with Avenu for nearly 25 years. The transition to GRIDS was a strategic decision for Pike County knowing the system will adapt and grow with them for the next 15 – 20 years.
GRIDS provides Pike County with a secure cloud-based solution with built-in disaster recovery, storage, and automated daily backups. The new solution carves the path for counties to modernize and optimize workflows and includes modules for Cashiering, Indexing, Scanning & Imaging, Reporting, and Searching. The modern user interface provided by the Search module permits citizens the freedom to research public records in-office or remotely. Having a cloud-based solution also gives the County the ability to work remotely if needed.
Misty Brewster, Pike County Recorder, anticipates that GRIDS will give her office a savings in time with the improved workflows and more modern technology. Misty stated, “We love the new system and the transition went as smoothly as possible. The entire Avenu staff has been wonderful to work with through the entire process. Having GRIDS is going to allow our staff the extra time to tackle much needed projects such as back indexing and scanning all records for the last 40 years.”
Avenu’s CEO, Paul Colangelo, shared the following when asked about the transition to GRIDS, “Avenu is dedicated to serving local governments. Our close working relationship with Pike County over the years has given us a deep understanding of the needs of the Recorders Office and helped us fine-tune GRIDS to what it is today. Our product development team has been working to bring our clients next generation systems to serve them for years to come, and we are happy that we could position Pike County for continued and future success.”
About Avenu
As a leading provider in state and local government solutions, Avenu has partnered with over 3,000 state and local governments to boost revenue, optimize operations, and reduce costs. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit http://www.avenuinsights.com.
About Mill Point Capital
Mill Point Capital is a private equity firm targeting control investments in lower-middle market businesses, with a focus on industrial and business services companies in North America. Mill Point’s experienced team of investors and Executive Partners seek to enhance the value of portfolio companies by executing transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit http://www.millpoint.com.
Media Contact: Corinne Aycock, Avenu Marketing Manager, (703) 863-1366
CENTREVILLE, VA. (PRWEB) – Today Avenu Insights & Analytics (Avenu) launched its new Clearview Justice Portal (CJP). CJP is an applications integration platform offering a comprehensive suite of public-facing applications that enables Courts to provide a modern experience for its constituents, while also acting as a single point of “contactless” interaction with the Court. CJP will provide jurors with an enhanced jury experience allowing easy, streamlined and socially distanced interactions with the court system – features that are now more important than ever due to COVID-19 precautions.
“We’re thrilled to launch this state-of-the-art digital solution for streamlining the court system,” said Paul Colangelo, CEO of Avenu. “Avenu has decades of experience using digital technology to transform everyday procedures in government. Clearview Justice Portal makes court processes easier and more effective, in everything from managing jury attendance to storing and sharing court documents and information. It also provides citizens with a simplified and improved jury duty experience that is “contactless” and promotes social distancing.”
CJP features a flexible and extensible plug-in-based architecture that allows courts to implement and deploy CJP functionalities as needed. Additionally, CJP can integrate with non-Avenu supplied justice applications, enabling workflow improvements for any existing court system.
“Jury service is a vital civic responsibility and the cornerstone of the American judicial system,” said Keith Ellery, Avenu’s Justice Solutions Business Unit Owner. “But jury service today is difficult, time-consuming and labor-intensive. With CJP, we’re able to use digital and automation technology to make jury service simpler and more convenient than ever before. We think that’s a win-win for the courts and the broader public.”
About Avenu
As a leading provider in state and local government solutions, Avenu has partnered with over 3,000 state and local governments to boost revenue, optimize operations, and reduce costs. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit http://www.avenuinsights.com.
About Mill Point Capital
Mill Point Capital is a private equity firm targeting control investments in lower-middle market businesses, with a focus on industrial and business services companies in North America. Mill Point’s experienced team of investors and Executive Partners seek to enhance the value of portfolio companies by executing transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit http://www.millpoint.com.
CENTREVILLE, VA. (PRWEB) – Avenu Insights & Analytics (Avenu) continues to make a big impact for governments and the communities they serve by providing comprehensive software solutions. In a recent announcement, Avenu indicated that the Cook County, Illinois Recorder of Deeds will formally continue their partnership with Avenu to provide its Records Management Solution.
Avenu’s Records Management Solution provides Cook County with the ability to perform an array of services, including recording and e-recording of documents, cashiering, document indexing, document scanning, document search and retrieval, and a website portal that allows customers to search, view and purchase previously recorded documents. Through the partnership with Avenu, Recorder of Deeds Edward M. Moody will continue to provide outstanding customer service to Cook County residents while minimizing costs and expanding efficiencies. Recorder Moody shared that, “Last year, I was able to return over $1 million to County taxpayers. I look forward to working with Avenu to find additional ways to streamline services while reducing costs to taxpayers.”
When asked about Avenu’s relationship with Cook County, IL, Paul Colangelo, Avenu CEO, explained that, “Having a 20-year relationship is a success. It speaks to the dedication and commitment shown by our staff to listen to our client, understand and address their needs. We are thrilled to continue this partnership.”
About Avenu Insights & Analytics
As a leading provider in State and Local government solutions, Avenu has partnered with over 3,000 State and Local governments to boost revenue, optimize operations, and reduce costs and improve efficiencies. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit http://www.avenuinsights.com.
About Mill Point Capital
Mill Point Capital is a private equity firm targeting control investments in lower-middle market businesses, with a focus on industrial and business services companies in North America. Mill Point’s experienced team of investors and Executive Partners seek to enhance the value of portfolio companies by executing transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit http://www.millpoint.com.
Avenu Insights & Analytics (Avenu) and SAFEbuilt, a community development services company, have entered into a strategic alliance to provide local government customers a unique revenue enhancement assessment tool. This alliance seeks to help local governments rebuild and recover from this national pandemic.
This project has been driven by two simple and critical goals: Create a tool to help the two companies’ 4,000 state and local government customers recover from near term budget pressures and to help them find new revenue opportunities.
The strategic alliance brings together the skills of two of the nation’s most innovative service providers to state and local governments. Avenu provides compliance auditing, revenue discovery, and tax administration, as well as market leading software and an analytics platform that automates and streamlines administration functions, from digitizing building plans to a variety of records management functions. SAFEbuilt has worked with more than 1,100 communities nationwide to supply transformative building, infrastructure, and maintenance solutions along with other professional services to build safer and more modern communities.
“Both Avenu and SAFEbuilt are in the business of serving local governments and communities,” said Avenu CEO Paul Colangelo “Amid the current COVID-19 crisis, our customers need solutions that can help get them on an economic road to recovery now. This partnership affords our customers with a wider array of solutions to help them with today’s unprecedented challenges.”
SAFEbuilt Chief Revenue Officer Joe DeRosa said it’s a natural fit for the two companies’ customers: “Our companies share similar values and culture. We are both dedicated to creating innovative solutions that increase the success of the cities and counties where we live and work. Our objective is to help our customers exit this pandemic in a data-driven, growth-oriented manner that makes them stronger than they were before. Working with Avenu allows us to introduce best-in-class solutions to our customers with the goal of enabling better and smarter short- and long-term growth.”
About SAFEbuilt
Founded in 1992, SAFEbuilt supports municipal governments and public and private corporations with community transformation services, including expert and professional community development, infrastructure, and maintenance services to over 1,100 communities across 24 states. SAFEbuilt offers customized solutions that are built to fit their client’s development needs including stabilizing budgets, maximizing efficiencies, improving customer services, and adaptable staffing. To learn more, visit www.safebuilt.com.
About Avenu Insights & Analytics
As a leading provider in State and Local government solutions, Avenu has partnered with over 3,000 State and Local governments to boost revenue, optimize operations, and reduce costs. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit www.avenuinsights.com.
Media Contact: Corinne Aycock, Avenu Marketing Manager, (Avenu) (703) 863-1366
CENTREVILLE, VIRGINIA (January 16, 2020) For the second year in a row, Avenu Insights & Analytics (Avenu) has been listed on the prestigious GovTech 100 List. Put together by Government Technology magazine, this year’s list represents “the top 100 companies focused on, making a difference in, and selling to state and local government agencies across the United States. In 2020, the gov tech market brought bigger deals, more investment, new companies and many fresh new innovations that moved the needle in the public sector.”
In a time when there is an increasing demand for transparency and instant access to information, along with heightened awareness to IT security threats around the globe, it is critical to know which companies are adequately preparing jurisdictions for a future state of ‘citizen centric’ government.
As a leading provider in State and Local government solutions, Avenu continues to make a big impact by driving results for governments and the communities they serve through administrative and revenue enhancement solutions. Avenu provides comprehensive software solutions that reduce costs and improve efficiencies, while also providing an ecosystem of revenue management services that identify and recover untapped revenue. Paul Colangelo, Avenu CEO, shared that, “The needs of local governments are becoming increasingly more sophisticated as they deal with budget deficits, citizen engagement and leveraging technology. Avenu continuously invests in a variety of ways to support our clients now and well into the future. It’s an honor to be recognized for our efforts by GovTech for two consecutive years.”
About Avenu Insights & Analytics
Over 3,000 State and Local governments have partnered with Avenu to boost revenue, optimize operations, and deepen community trust. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit www.avenuinsights.com.
About Mill Point Capital
Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors. The firm works with executive partners to leverage its investment professionals’ experience, while providing strategic and operational guidance designed to drive long-term value creation in its portfolio companies. Mill Point is based in New York.
Media Contact: Corinne Aycock, Avenu Marketing Manager, (703) 863-1366
HERNDON, Va., Jan. 24, 2018 /PRNewswire/ — Avenu named eight experts to its board of advisors, a group that will provide strategic advice to the company as it continues to execute its strategy.
The new board brings a range of perspectives on local government finance such as budgeting, tax and fee collection, and long-term challenges of addressing budget deficits, unfunded mandates and infrastructure costs.
Group members are:
“The experience, insight and willingness of this group to contribute to Avenu’s strategy further aligns our commitment to working with local governments,” says CEO Paul Colangelo. “Together we will guide cities and counties on obtaining more of the revenue they need to maintain service levels and plan for the future of their communities.”
Avenu is a portfolio company of Mill Point Capital.
About Avenu
Avenu provides local governments with ways to achieve more predictable revenue that supports growth, fuels modernization and ensures compliance with mandated but underfunded programs. Avenu’s revenue enhancement and administrative solutions find and recover license, permit and other taxes that cities and counties struggle to collect. The insights and improved fiscal posture enables governments to deliver expected services and sustain a high quality of life for residents. www.avenuinsights.com
About Mill Point Capital
Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors. The firm works with Executive Partners to leverage its investment professionals’ experience while providing strategic and operational guidance designed to drive long-term value creation in its portfolio companies. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.
HERNDON, Va.–(BUSINESS WIRE)–Avenu changed its name from Government Revenue Solutions (GRS) to better reflect how the company enables cities, towns, and counties across the U.S. to enhance their fiscal posture. Avenu is a portfolio company of Mill Point Capital.
Operating as Avenu Insights & Analytics (Avenu), the company identifies and recovers general fund revenue on behalf of cities and counties. Their limited resources prevent these local governments from collecting all the funds they’re owed for permits, license fees, and taxes for sales and use, property, utility and franchise, and hotel and short-term rentals.
These customers also use Avenu’s administrative expertise to expedite payment via an automated system, and achieve better audit results because Avenu pinpoints improper or underreported revenue. Last year Avenu’s legacy companies discovered and delivered $1.3 billion to local governments.
According to Craig Adler, executive chairman of Avenu, “local governments operate in an environment with aging infrastructure, a new tax law that will decrease their revenue, underfunded pensions and other everyday obligations. They need every dollar of revenue to continue providing citizen services.”
CEO Paul Colangelo says the new brand signifies innovation that is critical for local governments.
“Avenu’s technology evaluates large data sets, shows trends and clusters of opportunity to collect more revenue, and then provides the platform for businesses to pay and stay compliant. It’s a level of standardization and sophistication expected by the 89,000 local governments across the U.S. and their constituents.”
The other leaders of GRS—Doug Jensen, Kennon Walthall, and Patrick Scott—will continue in their roles and are a key part of Avenu’s strategy. Avenu’s legacy companies include Broussard Partners & Associates, Revenue Discovery Systems and MuniServices, the latter of which will retain its legal structure.
About Avenu
Avenu provides local governments with ways to achieve more predictable revenue that supports growth, fuels modernization and ensures compliance with mandated but underfunded programs. Avenu’s revenue enhancement and administrative solutions find and recover license, permit and other fees that cities and counties struggle to collect. The insights and improved fiscal posture enables governments to deliver expected services and sustain a high quality of life for residents. www.avenuinsights.com
About Mill Point Capital
Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors. The firm works with Executive Partners to leverage its investment professionals’ experience while providing strategic and operational guidance designed to drive long-term value creation in its portfolio companies. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.