Community//

Meet The Female Leaders Of Finance: “One thing that’s great about having data at your fingertips is that it demonstrates to investors which companies have merit, which can inspire them to invest in companies that they might not have in years past.” with Keren Moynihan and Tyler Gallagher

There have been industry leaders like Cathy Bessant from Bank of America and investors like Female Funders and First Round Capital who are leading the way. As we write this, we haven’t climbed the mountain, we’re probably just at basecamp. One thing that’s great about having data at your fingertips is that it demonstrates to […]

The Thrive Global Community welcomes voices from many spheres on our open platform. We publish pieces as written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Community stories are not commissioned by our editorial team and must meet our guidelines prior to being published.

There have been industry leaders like Cathy Bessant from Bank of America and investors like Female Funders and First Round Capital who are leading the way. As we write this, we haven’t climbed the mountain, we’re probably just at basecamp. One thing that’s great about having data at your fingertips is that it demonstrates to investors which companies have merit, which can inspire them to invest in companies that they might not have in years past.

As a part of my series about strong female finance leaders, I had the pleasure of interviewing Keren Moynihan. Keren is Co-founder and CEO of Boss Insights, an AI company that predicts private company performance in real time. With a diverse background as a commercial banker, wealth manager and founder of a triple bottom line startup, Keren is a regular speaker and mentor and has been featured at Dx3, TechTO, Canadian Women Chamber of Commerce and My EntreLife. She is an advocate for data privacy, creating AI that unites rather than divides society and collaborative approaches to democratizing access to capital.


Thank you so much for doing this with us! Can you tell us the “backstory” about what brought you to the Banking/Finance field?

I did my undergrad in psychology, and I was thinking I would pursue med school after that. My first pivot was to do a Law/MBA graduate degree, and from there it was a pretty straight line into banking and finance. My first job was at the TSX during the 2008 meltdown. It was quite the education.

Can you share with our readers the most interesting or amusing story that occurred to you in your career so far?

The biggest things in my life have come down to chance encounters. It was a chance encounter in an Uber X that got me connected to someone who had excellent technology sales strategy. It was an accidental encounter at a Fundica pitch competition that got me connected with Canada’s Minister of Innovation, Science and Economic Development, Navdeep Bains, who is now quoting Boss Insights as a success story for unbiased AI and data privacy. Most importantly, it was a chance encounter in South America that connected me to my future partner in life and in business.

Are you working on any exciting new projects now? How do you think that will help people?

We’re working on getting Boss Insights to scale-up stage. Our cloud-based software helps investors by making private company predictions in real time. Boss Insights offers KYP for crowdfunding, investors & lenders. We track all key information in one place in real time and use this to provide smart portfolio management. Our AI prediction models are used by investors, lenders & exchanges. Our independently & academically verified AI predicts if a company will fundraise, grow their team or exit (IPO, M&A) with a high degree of accuracy. For exchanges, we predict who is the most likely to IPO to validate their pipeline.

To date, investors have been limited to low fidelity, repetitive and manual methods of data collection, and even then, the data quality is often low. For Venture Capitalists, 1–2 out of 10 investments are meeting the success metrics, and debt lenders are only able to lend to 15% of the small and medium business market, because the rest are too risky. To address this problem, Boss Insights created a way to gather information directly from cloud-based systems, which saves time and delivers higher quantity and quality of data.

What do you think makes your company stand out? Can you share a story?

To be an entrepreneur is to jump off a cliff and wonder if you have the wings to fly. Our company makes transparency possible for private markets. We doubled down by building AI to predict private company performance in real time. The early adopters who want to be able to hack the 80–20 rule in their favor are building our wings as we speak.

Wall Street and Finance used to be an “all white boys club”. This has changed a lot recently. In your opinion, what caused this change?

There have been industry leaders like Cathy Bessant from Bank of America and investors like Female Funders and First Round Capital who are leading the way. As we write this, we haven’t climbed the mountain, we’re probably just at basecamp. One thing that’s great about having data at your fingertips is that it demonstrates to investors which companies have merit, which can inspire them to invest in companies that they might not have in years past.

Of course, despite the progress, we still have a lot more work to do to achieve parity. According to this report in CNBC, less than 17 percent of senior positions in investment banks are held by women. In your opinion or experience, what 3 things can be done by a)individuals b)companies and /or c) society to support this movement going forward?

Any new group coming to the market has the option to adopt new business practices to become more competitive. As women and minorities gain positions of power, they have the option to use data and AI to free them to be smart money.

You are a “finance insider”. If you had to advise your adult child about 5 non intuitive things one should do to become more financially literate, what would you say? Can you please give a story or example for each.

Make a vision board, and a financial plan to match. On this we really are drinking our own medicine. Both of the Boss Insights founders had corporate careers and could have continued in that vein if they had wanted. We chose autonomy over comfort. That’s our vision board. Our financial plan was the numbers and thought that went into running a business where we’re responsible for our livelihoods and those of our employees.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

We’ve been fortunate enough to get the ongoing advice of a team of great advisors, including: Adam Robinson, Eric Brock, Peggy van de Plassche, Danielle Graham, Valerie Fox, Rafik Loufty, Idas Levato, Sean Kondra, Larry Shaw and Sofiane Belgadi.

Can you please give us your favorite “Life Lesson Quote”? Can you share how that was relevant to you in your life?

“Aerodynamically the bumble bee shouldn’t be able to fly, but the bumble bee doesn’t know it, so it goes on flying anyways.” ~Mary Kay Ash

You are a person of great influence. If you could inspire a movement that would bring the most amount of good to the greatest amount of people, what would that be? You never know what your idea can trigger. 🙂

Boss Insights may or may not be part of a movement to create a $40B fund, and to get it in the hands of impact investors and non-profits… stay tuned!

Thank you for joining us!


About the Author:

Tyler Gallagher is the CEO and Founder of Regal Assets, a “Bitcoin IRA” company. Regal Assets is an international alternative assets firm with offices in the United States, Canada, London and United Arab Emirates focused on helping private and institutional wealth procure alternative assets for their investment portfolios. Regal Assets is an Inc. 500 company and has been featured in many publications such as Forbes, Bloomberg, Market Watch and Reuters. With offices in multiple countries, Regal Assets is uniquely positioned as an international leader in the alternative assets industry and was awarded the first ever crypto-commodities license by the DMCC in late 2017. Regal Assets is currently the only firm in the world that holds a license to legally buy and sell cryptos within the Middle East and works closely with the DMCC to help evolve and grow the understanding and application of blockchain technology. Prior to founding Regal Assets, Tyler worked for a Microsoft startup led by legendary tech giant Karl Jacob who was an executive at Microsoft, and an original Facebook board member.

Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

You might also like...

Community//

“Beyond making money, we are also showcasing women and other underrepresented groups as the new faces of success.” with Elizabeth Lawler and Tyler Gallagher

by Tyler Gallagher
Community//

5 Ways to Close the VC Gender Gap with Megan Bent and Tyler Gallagher

by Tyler Gallagher
Community//

“As the number of senior women increases, the numbers of females at all levels will increase.” with Ryan Floyd and Tyler Gallagher

by Tyler Gallagher

Sign up for the Thrive Global newsletter

Will be used in accordance with our privacy policy.

Thrive Global
People look for retreats for themselves, in the country, by the coast, or in the hills . . . There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind. . . . So constantly give yourself this retreat, and renew yourself.

- MARCUS AURELIUS

We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.