Shelton AI Startup Shines Light on Private Market Valuations
By Erin Arvedlund
Full Article: Pensions & Investments
"In software company Shelton AI, there’s one solution, according to cofounders Monk and Harrison Shaw.
Pension funds have been signing on to use Shelton AI, including at least one of Canada’s “Maple 8” pension funds, Australia’s superannuation funds, and the $23.2 billion Arizona Public Safety Personnel Retirement System, Phoenix.
“My original mission in partnering with Harrison Shaw on Shelton AI was to demonstrate that startups can… work on building audacious solutions to the most intractable technical problems facing pension and sovereign funds. Until Harrison, I struggled to imagine a new generation of unicorn style startup founders taking on the pension industry. Harrison is doing it. And maybe more will try now that he's clearly succeeding." — Ashby Monk"