Start Peninsula Award Winner
Vestalyze: an investment tracking and analytics software company and platform that allows individual investors to optimize their portfolio.
Nearly 30 entrepreneurs initially pitched Nov. 1 at the McGrew Towers Conference Center at Hampton University. Judges selected 10 businesses to refine their concepts with mentors for the final pitches Nov. 3.
Tyler Chianelli started Vestalyze because he wants to enable smaller businesses or individuals with more moderate income to access sophisticated reporting, metrics and tracking analysis on their investment portfolios, including with complicated index and equity derivatives, also known as options. Some service providers give detailed derivatives tracking, but the cost is often a barrier, he said.
Now with a team of five, the software platform has been in development for a year based on Chianelli’s 17 years of experience as a stock and options trader with a specialty in index and equities derivatives strategies. The founder of Uptrend Capital in Virginia Beach is also incorporating feedback from his time as a financial educator.
“I’m pretty much all in,” he said. “I know what’s possible.”