Alset AI Appoints Accomplished Technology Leader Jaret Christopher as Strategic Advisor

Rhea-AI Summary

Alset AI Ventures (OTC: ALSCF) has appointed Jaret Christopher as a strategic advisor to enhance the company's AI ecosystem. Christopher brings over 25 years of experience in SaaS, FinTech, CRM, MarTech, AI, and machine learning sectors. His most recent role was as General Manager and VP of CRM Software at WM Technology (NASDAQ: MAPS).

Christopher's notable achievement includes founding Sprout, a CRM and omni-channel marketing software platform that served over 500 clients across North America and reached a network of over 2 million consumers before being acquired by WM Technology post-IPO. CEO Adam Ingrao emphasized that Christopher's entrepreneurial insight and technical expertise will be valuable in implementing the company's strategy of building an AI-focused portfolio aligned with their cloud computing business.

Positive

• Appointment of seasoned technology executive with 25+ years of experience
• Strategic advisor has successful track record of company exits
• Advisor's previous venture Sprout reached 500+ clients and 2M+ consumers before acquisition

Negative

• None.

VANCOUVER, BC / ACCESS Newswire / February 12, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ)("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, announces the appointment of Jaret Christopher as a strategic advisor. Mr. Christopher brings a wealth of entrepreneurial experience in particular in the technology sector, and will provide strategic advisory and business development services to enhance the Company's AI ecosystem.

Mr. Christopher's extensive career, spanning over 25 years in software as a service (SaaS), financial technology (FinTech), customer relationship management (CRM), marketing technology (MarTech), artificial intelligence (AI), machine learning (ML), and beyond, aligns closely with Alset AI's mission to expand a robust AI venture capital ecosystem, complementing its cloud computing business.

Mr. Christopher has been founder and leader of multiple high-growth companies that have attracted significant industry and investor interest, leading to multiple successful exits. Most recently, he served as General Manager and Vice President of CRM Software at WM Technology, Inc. (NASDAQ:MAPS), an e-commerce software company, where he was instrumental in driving post-IPO expansion. Prior to that, he founded Sprout, an innovative CRM and omni-channel marketing software platform for the cannabis industry. Under his leadership, Sprout scaled rapidly to serve over 500 clients across North America, reaching a network of over 2 million consumers, before being acquired by WM Technology, Inc. following its IPO.

"Mr. Christopher brings a unique blend of entrepreneurial insight, technical expertise, and a track record of value creation through multiple strategic exits," said Adam Ingrao, CEO of Alset AI. "His success across SaaS, CRM, AI, and machine learning, coupled with his passion for nurturing early-stage companies, makes him an ideal advisor as we implement our strategy. We are committed to building a vibrant AI-focused portfolio of companies that align with our flagship cloud computing business, and believe drawing on the expertise of a proven leader like Mr. Christopher will help guide this strategy and unlock long-term value for our stakeholders."

"I am thrilled to work with Alset AI's growing team to support their ambitious goals," said Jaret Christopher, Strategic Advisor of Alset AI. "Building a dynamic AI venture capital ecosystem is essential for bringing breakthrough technologies to market, and I look forward to advancing Alset AI's agenda for growth, innovation, and market success."

On behalf of Alset AI Ventures Inc.

"Adam Ingrao"
Adam Ingrao
Chief Executive Officer

About Alset AI Ventures Inc.

Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.

For further information about Alset AI Ventures Inc., please contact:

Adam Ingrao, Chief Executive Officer

T: 1-236-312-6744
E: ir@alsetai.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are often identified by words such as "expects," "intends," "anticipates," "believes," "estimates," "may," "could," "will," "plans," and similar expressions. These statements relate to future events or future performance, including, but not limited to, statements regarding the anticipated contributions of Jaret Christopher as a strategic advisor, the Company's ability to expand its AI venture capital ecosystem, the development and growth of its portfolio companies, the integration of strategic advisory services, and the Company's overall business strategy in AI, cloud computing, and venture capital investment. Forward-looking statements are based on the Company's current expectations, beliefs, and assumptions, including those regarding the successful execution of its growth strategy, the demand for AI-driven technologies, the regulatory landscape, market conditions, and the availability of capital and strategic opportunities. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. Factors that could cause actual results to differ materially include, but are not limited to: the ability of the Company to attract and retain key personnel; challenges in identifying and securing investment opportunities; fluctuations in market demand for AI and cloud computing solutions; changes in regulatory frameworks; macroeconomic conditions; competition in the AI and technology sectors; and the availability of capital for strategic growth initiatives. Additional risk factors are outlined in the Company's public filings available on SEDAR+ (www.sedarplus.ca).The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on forward-looking statements, as actual results may differ materially from expectations.

SOURCE: Alset AI Ventures Inc.

View the original press release on ACCESS Newswire

FAQ

Who is Alset AI's (ALSCF) new strategic advisor and what is his background?

Jaret Christopher is Alset AI's new strategic advisor, bringing over 25 years of experience in SaaS, FinTech, CRM, MarTech, AI, and machine learning. He previously served as GM and VP of CRM Software at WM Technology and founded Sprout, which was successfully acquired.

What was Jaret Christopher's achievement with Sprout before joining ALSCF?

As founder of Sprout, Christopher grew the CRM and marketing platform to serve over 500 clients across North America, reaching a network of over 2 million consumers, before its successful acquisition by WM Technology following their IPO.

How will Jaret Christopher's appointment benefit Alset AI (ALSCF)?

Christopher's appointment will enhance Alset AI's ecosystem through his strategic advisory and business development services, leveraging his expertise in AI, machine learning, and successful company exits to help build their AI-focused portfolio.

What is Alset AI's (ALSCF) current business strategy?

Alset AI is focused on building a vibrant AI-focused portfolio of companies that align with their flagship cloud computing business, advancing innovation through strategic investment and cloud computing solutions.