PREPARING FOR GROWTH CAPITAL
Raising later rounds of venture funding causes anxiety for many startups in the middle of the country. This panel will explore the important aspects of positioning for and raising growth capital. From the most important metrics to raise a Series A or B, to dealing with your non-coastal locale, our panel of middle American growth investors will share best practices to help you succeed.
Sach Chitnis is currently Managing Partner of Jump Capital, a Chicago-based venture firm that invests $2-15mm in early and expansion stage technology companies within the healthcare, digital, enterprise software, and financial sectors.
Sach brings perspective to his investments as both a successful executive & investor with experience in diverse industry verticals. Prior to founding Jump, Sach spent six years as an Operating Partner for Tarsus, a growth capital and middle-market private equity firm. His operating roles spanned companies within the logistics, marketing and pharmaceutical research industries. Preceding Tarsus, Sach led the $670mm consumer businesses for SIRVA, a Chicago-based Clayton, Dubilier & Rice portfolio company. His role included leadership of the Allied and northAmerican consumer moving brands for US & Canada.
Sach began his career with GE in global roles within their premier management programs, including the Corporate Audit Staff. He graduated with a BS in Chemical Engineering from the University of Rochester and a MBA from Northwestern University’s Kellogg School of Management.
Managing Parther, Jump Capital
Managing Director, Mercury Fund
Since the late 90’s, Blair Garrou has focused on funding, operating and incubating startup software companies. Blair is a Managing Director of Mercury Fund, a Houston-based seed-stage venture capital firm. Mercury seeks to invest in extraordinary entrepreneurs and innovation originating in the US Midcontinent.
Prior to co-founding Mercury, Blair was the CEO of Intermat (NYSE: IHS), a leader in product information management software; a Principal with Genesis Park, a Houston-based private equity firm; helped launch and was the Director of Operations for the Houston Technology Center, the largest tech incubator in the Southwest, where he led the formation of the Houston Angel Network. Blair received a B.S. in Management from Washington & Lee University.
Partner, Drive Capital
Director, Updata Partners
Nick is a partner at Drive Capital focused on making new investments in a broad range of technology verticals. Prior to Drive Capital, Nick spent four years at Google building Android's strategic partnerships globally. He negotiated relationships with silicon companies, device manufactures, mobile operators, and retailers helping to grow the Android business to billions of devices worldwide.
Before Google, he spent close to a decade as a technology investor and entrepreneur. Nick is a graduate of Columbia University, where he was a member of the baseball team. His impressive career stats include one inning pitched with an ERA of 9.00.
Jesse Phillips joined Updata Partners in 2012. He is focused on sourcing investment opportunities, conducting due diligence, and supporting Updata’s portfolio companies.
Prior to joining Updata, Jesse was a Senior Analyst at Signal Hill Capital Group, where he advised growth stage technology companies on mergers, acquisitions, and capital raises. Jesse’s primary focus was on enterprise software, software-as-a-service, healthcare IT, and tech-enabled services companies. Previously, Jesse worked at Merrill Advisory Group where he helped build the M&A advisory business, which subsequently merged with The McLean Group. Jesse began his career as an Analyst in the Technology, Media & Telecom and Financial Sponsors groups at FBR Capital Markets, where he worked on a variety of transactions including acquisitions, reverse mergers, and private placements.
Jesse graduated cum laude from The Kogod School of Business at American University with concentrations in Finance and Accounting and a Minor in Economics.