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An exclusive social network backed by Wall St. billionaires is opening up to the public

Billionaires Ken Langone (left) and Stan Druckenmiller are investors in Relationship Science.
Billionaires Ken Langone (left) and Stan Druckenmiller are investors in Relationship Science.

Relationship Science (RelSci), an exclusive relationship network whose investors include several billionaires, just launched a new website that’s available to the public.

Until now, the technology—which could be considered a “LinkedIn for the 1%”—provided access to its detailed database on more than 5 million wealthy and famous people only to corporations through expensive subscriptions.

The new, consumer-facing page, however, will let professionals like financial advisors, investment bankers, brokers, business development people, fundraisers, attorneys, and others gain free access to 10 profiles each month. The database provides details on influential people including their work history, board memberships, charitable donations, personal interests, awards, investments, and more.

Relationship Science
Relationship Science

“The launch of RelationshipScience.com fills an information gap in the market between LinkedIn and Wikipedia with deep profiles on senior people and organizations, including the large number who don’t have any presence across online social networks,” said Domenic Graziosi, CEO of Relationship Science. “We’ve had incredible success helping enterprises of all sizes take advantage of their collective relationships, and now we’re opening up access to the RelSci platform for anyone.”

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For $49.99 per month month, users can have unlimited full profile views, relationship mapping, and alerts on people and organizations.

Relationship Science, which took 800 people and almost three years to build, was started back in 2010 by Neal Goldman, who’s a former investment banker and founder of Capital IQ, a financial data platform that was sold to McGraw-Hill in 2004.

“Relationships are this incredible asset, but the problem is it’s very messy,” Goldman explained.

Relationship Science is a way to navigate your own relationships and increase output by getting the right parties and meetings together more quickly and more efficiently.

Goldman’s own experience leveraging relationships led him to create the product.

During the September 11 terrorist attacks, Capital IQ lost its offices. At the time, Goldman had to lead a company of nearly 200 people and raise capital in a difficult environment for growing a business. “I had a tremendous responsibility to them,” he said.

He learned to maximize the effectiveness of selling through his relationship network.

“I looked at the relationship stuff and it was really fascinating. I didn’t know what other people did. I did what I thought to do. The more I talked to people the more I realized I had done something very different. I also realized what I had done was not that dissimilar to what some of the most effective people in the world had done,” Goldman said.

When Goldman showed potential investors mocked up screens of what Relationship Science looked like, he said many of them told him what he was describing is what they’ve considered their “edge.”

To date, Relationship Science has received $120 million in funding from some of the biggest names in finance, including Bill Ackman’s TABLE Holdings, Henry Kravis, Ken Langone, Stanley Druckenmiller, MacAndrews & Forbes, C.V. Starr & Co., Hearst Corporation, Ron Burkle, Barry Sternlicht, RIT Capital Partners, Andrew Tisch, Harvey Golub, Reuben Jeffery, David Komansky (Former Chairman and CEO of Merrill Lynch), Tom Glocer (Former CEO of Thomson Reuters), Randy Lerner (Former Chairman of MBNA), Stephen Luczo (Chairman and CEO of Seagate), William Rudin, and Salesforce.com.

RelationshipScience
RelationshipScience
RelSci
RelSci
RelSci
RelSci
RelSci
RelSci


Julia La Roche is a finance reporter at Yahoo Finance.

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