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Angel Investor (Individual)
jeffstewartmusic.com

Investments

8

Portfolio Exits

2

About Jeff Stewart

Jeff Stewart,founder of Mimeo, the Urgent Group and Monitor110, is a New York based angel investor interested in the internet sector.

Headquarters Location

New York, New York,

United States

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Latest Jeff Stewart News

PERC awards Ruby’s Inn with Energy for Everyone Hero Award

Oct 2, 2023

PERC awards Ruby’s Inn with Energy for Everyone Hero Award From left: Brannon Morse, Kiva Energy; Karl Munford, Ruby’s Inn; Ron Harris, Ruby’s Inn; Lance Syrett, Ruby’s Inn; Jim Bunsey, PERC; Jeff Stewart, Blue Star Gas; Michael Prayoonvech, Rinnai; and Steve Rutherford, Blue Star Gas. (Photo courtesy of PERC) The Propane Education & Research Council (PERC) awarded its Energy for Everyone Hero Award to Ruby’s Inn, located in southern Utah , in Bryce Canyon National Park. Ruby’s Inn has served visitors since 1916 and now sees an average of 4,000 guests per night. The historic inn relies on propane as a clean-energy solution. “Being located next to a national park, we always think about our carbon footprint,” says Lance Syrett, general manager at Ruby’s Inn. “We are confident about using propane. It’s efficient, it’s always available and it’s a clean energy source for us to use.” The resort’s hot water system needed to maintain service for 19 buildings, 700 hotel rooms, three restaurants, three swimming pools and a laundry facility handling 19 tons of laundry per day. Unable to keep up with the hot water demands of its facilities, the resort replaced its older model open-flame boilers. A few years back, customer dissatisfaction with cold showers led to a financial loss of about $60,000 a year in guest discounts and refunds. The new system includes several high-efficient, 199,000-Btu storage tank water heaters and 175 propane-powered tankless water heaters from Rinnai. “It’s important to Ruby’s Inn to use an energy source that is cost-effective, reliable and efficient,” Syrett says. “Propane fulfills those needs, and it helps keep the beautiful environment clean. It just makes sense.” 1,410 gasoline-powered passenger vehicles driven for one year. 771,822,585 smartphones charged. 795 homes’ energy use for one year. “The hospitality industry knows how important reliable water heating units are for a successful operation,” says Jim Bunsey, director of commercial business development at PERC . “Water heating represents 7 percent of all energy use in commercial buildings. Six building types – lodging, health care, retail, education, food service and office – represent 85 percent of all commercial building water heating energy consumption.”

Jeff Stewart Investments

8 Investments

Jeff Stewart has made 8 investments. Their latest investment was in Aristotle Circle as part of their Series B on April 4, 2011.

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Jeff Stewart Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/19/2011

Series B

Aristotle Circle

$2M

Yes

1

3/6/2010

Series A - II

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$99M

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10

6/17/2008

Series A

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$99M

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10

2/18/2008

Angel

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$99M

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0

2/15/2008

Seed

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$99M

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0

Date

4/19/2011

3/6/2010

6/17/2008

2/18/2008

2/15/2008

Round

Series B

Series A - II

Series A

Angel

Seed

Company

Aristotle Circle

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Amount

$2M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

0

0

Jeff Stewart Portfolio Exits

2 Portfolio Exits

Jeff Stewart has 2 portfolio exits. Their latest portfolio exit was Mashery on April 17, 2013.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/17/2013

Acquired

$99M

2

10/8/2010

Acq - Talent

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$99M

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0

Date

4/17/2013

10/8/2010

Exit

Acquired

Acq - Talent

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

0

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