And 30,000 institutional investors engage with Trusted Insight each week.
For example, Trusted Insight promoted 500 Startups founder Dave McClure recent event for LP's in Venture Capital firms, Premoney.
Instead of connecting angel investors and VCs with startups, Trusted Insight is a creating a networking platform between fund managers and investment institutions.
Trusted Insight says that it now has 40,000 LP investor professionals on the platform in 98 countries and territories around the globe.
Similar to the way AngeList is surfacing job opportunities, Trusted Insight is also posting hundreds of job listings for positions within these firms.
One LP commented on the startup, "Trusted Insight has played a vital role in helping me find new LP contacts," says Rod Walkey, of Migration Capital, a Fund of Fund in Latin America.
In terms of competition, Trusted Insight is going head to head with Bloomberg, which has long served financial institutions with a high-powered communications, news and financial data terminal.
If Trusted Insight can actually provide some of the same services (and more when it comes to the networking and fundraising), it could be a transforming utility for the institutional investing community.
Basically any institutional investors who want to raise money (i.e. VCs, private equity firms, real estate companies or hedge funds) can use Trusted Insight to connect with and solicit funding from large endowments, foundations, pension funds, and sovereign wealth funds.
Semenko, believed to be his real name, moved to Arlington last summer from New York where he worked for the Conference Board, a group that describes itself as offering "trusted insights for businesses worldwide".
