Tom Chavez

Last updated

Tom Chavez is a hi-tech entrepreneur, [1] author and co-founder of super{set}, [2] a startup studio that builds and funds software companies. [3]

Contents

Early life and education

Chavez was born and raised in Albuquerque, New Mexico. He is one of five children from a working-class family [4] of Spanish and Mexican descent, and his paternal side traces its roots back to one of the original settlers of Santa Fe, Don Pedro Duran y Chavez. [5]

Chavez graduated from Albuquerque Academy in 1986. [6] He earned a B.A. in 1990 [7] in computer science and philosophy magna cum laude from Harvard University and a Ph.D. in engineering-economic systems and operations research from Stanford University, [8] where he was a NASA doctoral fellow. [9] [4]

Career

Before starting Rapt, he worked for Sun Microsystems and at a think tank called Rockwell. [10] Chavez launched his first startup, Rapt, a company that creates software for Web publishers, in 1998. [11] [4] As CEO and co-founder, Chavez led the company for 10 years until its acquisition by Microsoft for $180 million in 2008. [8] In 2010, Chavez launched his second venture, Krux, which scanned devices for information. [12] The analytics company was bought by Salesforce in 2016. [13] In 2018, Chavez launched San Francisco-based venture studio super{set} which forms software startups and supports them from its own venture capital fund. [1] As of 2019, companies led by Chavez have generated a 17.5x return for investors. [1]

Writing

Chavez is the co-author of Data Driven: Harnessing Data and AI to Reinvent Customer Engagement, and winner of the 2019 Axiom Business Book Award Silver Medalist in Business Technology. [14]

Philanthropy

Chavez co-founded the Chavez Family Foundation. The Foundation invests in non-profit projects in education, immigration, and entrepreneurship. Organizations they support include Immigrants Rising, Mission Asset Fund, and Immigrant Legal Resource Center. [15]

The Chavez Family Foundation was a founding investor in the California Campus Catalyst Fund, an initiative that works to expand support to undocumented students and their families across the state's three public higher education systems: California Community Colleges, California State University, and University of California. [16]

Chavez sits on the non-profit boards of KQED (public media for the Bay Area) [17] and VH1's Save the Music Foundation. [18]

Related Research Articles

Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden.

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.

<span class="mw-page-title-main">Marc Benioff</span> American businessman (born 1964)

Marc Russell Benioff is an American internet entrepreneur and philanthropist. Benioff is best known as the co-founder, chairman and CEO of the software company Salesforce, as well as being the owner of Time magazine since 2018.

<span class="mw-page-title-main">Accel (company)</span> Venture capital firm

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

<span class="mw-page-title-main">Slack Technologies</span> Software company in Canada

Slack Technologies, LLC is an American software company founded in 2009 in Vancouver, British Columbia, known for its proprietary communication platform Slack. Outside its headquarters in San Francisco, California, Slack also operates offices in New York City, Denver, Toronto, London, Paris, Tokyo, Dublin, Vancouver, Pune, and Melbourne.

Babak "Bobby" Yazdani is an Iranian-American entrepreneur and investor specializing in early-stage, private U.S.-based modern enterprise technology companies.

<span class="mw-page-title-main">Mark Suster</span>

Mark Suster is an American businessman and investor. He is a managing partner at Upfront Ventures, the largest venture capital firm in Los Angeles. Aside from his business career, Suster is also a prominent blogger in the American high-technology startup scene and venture capital world.

<span class="mw-page-title-main">Zendesk</span> American customer service software company

Zendesk, Inc. is a Danish-American company headquartered in San Francisco, California. It provides software-as-a-service products related to customer support, sales, and other customer communications. The company was founded in Copenhagen, Denmark, in 2007. Zendesk raised about $86 million in venture capital investments before going public in 2014.

BetterCloud, an independent software vendor based in New York, NY and with engineering offices in Atlanta, GA, builds unified SaaS management software. A venture-backed startup, BetterCloud has raised $187 million in total funding, with the most recent round was led by Warburg Pincus with series F funding with $75 million raised to date. A previous round of funding was done in April 2018 which was led by Bain Capital Ventures. In December 2016, BetterCloud completed pivot from G Suite to general SaaS management.

Base CRM is an enterprise software company based in Mountain View, California with R&D offices located in Kraków, Poland. It provides a web-based all-in-one sales platform that features tools for email, phone dialing, pipeline management, forecasting, reporting and more. Base's platform is available on iOS and Android, and was the first full native CRM Android app available. On September 10, 2018 Base was acquired by Zendesk and later rebranded as Zendesk Sell.

<span class="mw-page-title-main">Gusto, Inc.</span> American payroll and benefits company

Gusto, Inc. is a company that provides a cloud-based payroll, benefits, and human resource management software for businesses based in the United States. Gusto handles payments to employees, and contractors and also handles electronically the paperwork necessary to help client companies comply with tax, labor, and immigration laws. Gusto is operational in all 50 US states.

<span class="mw-page-title-main">M12 (venture capital)</span> American corporate venture capital subsidiary of Microsoft

M12, formerly Microsoft Ventures, is a corporate venture capital subsidiary of Microsoft. Founded in March 2016, its mission is to be an active, strategic partner during a startup's growth, typically investing between Series A and D. The fund is managed by Michelle Gonzalez, formerly of Google.

<span class="mw-page-title-main">Mindbody Inc.</span> American software company

Mindbody, Inc. is a San Luis Obispo, California-based software-as-a-service company that provides cloud-based online scheduling and other business management software for the wellness services industry. Founded in 2001, the company services over 58,000 health and wellness businesses with about 35 million consumers in over 130 countries and territories. Since October 2021, the company has owned ClassPass. It is majority owned by Vista Equity Partners, a private equity firm.

<span class="mw-page-title-main">Intercom, Inc.</span> American software company

Intercom, Inc. is a software company that specializes in business messaging, providing businesses with a way to chat with their customers. Intercom has its headquarters in San Francisco with offices in Chicago, Dublin, Sydney and London.

Cloudwords, Inc. is an American software company based in San Francisco, California, specializing in Software-as-a-Service (SaaS) technology.

<span class="mw-page-title-main">Jennifer Fonstad</span> American venture capital investor

Jennifer Fonstad is an American venture capital investor and entrepreneur. She is the managing partner and a co-founder of the Owl Capital Group, a venture firm based in Silicon Valley. Fonstad was Managing Director of Draper Fisher Jurvetson (DFJ) for 17 years. She is also co-founder of angel investing network Broadway Angels. Fonstad has been recognized as a top 100 tech investor on Forbes’ Midas List twice and was named 2016 Venture Capitalist of the Year by Deloitte. She is also a Founding Member of All Raise.

<span class="mw-page-title-main">Almaz Capital</span> International venture fund

Almaz Capital is a global VC fund headquartered in Portola Valley, California, United States investing in early stage, capital efficient technology companies in high-growth sectors. Almaz Capital focuses on disruptive deep tech companies in b2b software space, including AI/ML and Blockchain applications, IoT and Edge Computing Enablers, Cybersecurity, etc. Since its foundation the firm's portfolio has included about 50 companies, with more than 300 million US dollars invested in them.

<span class="mw-page-title-main">Freestyle Capital</span> Venture capital firm

Freestyle Capital is an early-stage venture capital firm based in San Francisco, California. General Partners Dave Samuel and Jenny Lefcourt are both entrepreneurs who entered venture capital after founding multiple companies. The firm was founded in 2009 and typically invests in 10-12 companies per year with an average investment between $1.5 million to $3 million. Previous investments include Intercom, Patreon, Narvar, Digit, Betterup, Airtable and Snapdocs.

Contentful is a headless content management system (CMS), founded in 2013 in Berlin, Germany, by Sascha Konietzke and Paolo Negri. The company and the platform are both called Contentful. As of June 2021, the company is headquartered in San Francisco, California, with offices in Denver, Colorado and Berlin.

<span class="mw-page-title-main">Pear VC</span> Seed-stage venture firm

Pear VC is a seed-stage venture firm based in Menlo Park, California. It was founded by Pejman Nozad and Mar Hershenson in 2013. Pear VC works with early-stage companies. The company was originally based in Palo Alto, California before relocating to Menlo Park.

References

  1. 1 2 3 Constine, Josh (October 2, 2009). "A startup factory? $1.2B-exit team launches $65M super{set}". TechCrunch.
  2. Lebowitz, Shana (July 2, 2020). "The onetime HR chiefs of Google and Goldman Sachs are betting on surging demand for diversity-and-inclusion tech. Here's their plan for remaking the $148 billion market" . Business Insider.
  3. Takahashi, Dean (June 18, 2020). "Eskalera creates AI-based inclusion index to measure a better workplace". Venture Beat.
  4. 1 2 3 "A family with ambition\Devoted parents scrimped to send 5 children to Harvard". SFGate. September 7, 2005.
  5. "5 Chavez Siblings Beget 5 Harvard Graduates". LA Times. June 3, 2001.
  6. "Leadership Award". Albuquerque Journal. 2004-12-12. p. 30. Retrieved 2021-12-16 via Newspapers.com.
  7. "Mother's dream becomes reality". The Harvard Gazette. June 7, 2001.
  8. 1 2 "Tom Chavez Has an Ear for Eureka and an Eye for Talent". The Alumni Society. July 1, 2018.
  9. "Tom Chavez". Hispanic Scholarship Fund.
  10. Russell, Lars (2007-12-24). "Tom Chavez: Adapting to Changing Times". The San Francisco Examiner. p. 11. Retrieved 2021-12-16 via Newspapers.com.
  11. "Microsoft Picks Up Another Ad Startup: Rapt". TechCrunch. March 14, 2008.
  12. Hardy, Quentin (11 March 2016). "Tech Companies Entice Cloud Computing Experts". The Idaho Statesman. Retrieved 15 December 2021 via Newspapers.com. "Cloud". The Idaho Statesman.
  13. "Salesforce Agrees to Buy Marketing-Date Startup Krux". The Wall Street Journal. October 3, 2016.
  14. "Axiom Business Book Awards 2019 Results". Axiom Business Book Awards.
  15. "Chavez Family Foundation- About Us". Chavez Family Foundation.
  16. "Catalyst Fund- Who We Are". California Catalyst Fund.
  17. "2021 Board of Directors and Community Advisory Panel". www.kqed.org.
  18. "Board of Directors- Save the Music Foundation". www.savethemusic.org.