With low capital expenditure requirements, quick development timelines and large market opportunities, software start-ups remain a darling in the world of venture capital. With $11 billion invested via venture capital into over 1,500 software deals, 2013 saw the largest investment in the sector since the year 2000, both in terms of dollars and number of deals. The total venture capital dollars invested in the space increased 27% over 2012. The deal flow of software opportunities in New Mexico has picked up with a number of promising companies starting up or expanding.
Our April 2014 Coronado Ventures Forum event will feature a panel of entrepreneurs developing software companies in New Mexico. We will discuss trends in the industry, challenges to software companies specific to New Mexico and how we expect the software industry to change in 2014 and beyond.
Molly is founder and CEO of SportXast, a New Mexico company bringing crowdcasting via the smartphone to amateur sports. She started her career at Los Alamos National Laboratory identifying commercialization opportunities in Russian institutes in an effort to reduce nuclear proliferation. She spun out of LANL with a Russian technology and co-founded Volius, a growing telecom company in Moscow. Prior to SportXast, she worked as a consultant for LabStart, identifying technology with market potential in New Mexico laboratories. She holds a MS in Science & Technology Commercialization (UT Austin), a Masters in International Affairs (University of Pittsburgh), and a BA in Social Sciences (UC Berkeley). She played varsity soccer at Cal and has a US Soccer Federation “A” Coaching License.
CEO, Seed Worthy
Scott is the CEO and Co-Founder of Seed Worthy, an internet tech company focused on providing the fastest, most innovative launch platform for developers through their feature product BowTie. Prior to Seed Worthy, Scott was VP of Strategy and Operations for @Pay, a mobile payment startup where he led the @Pay Product and Production teams, as well as provided direct leadership for all strategic initiatives. Before that he was Senior Operations and Strategy Manager for LivingSocial, where he was responsible for leadership of several operational and strategic teams, and a key driver of growth for one of the company’s fastest growing divisions. As a finance lead to the Emerging Markets Unit at Pfizer, Scott provided business development and financial efforts for nearly $400M in partnerships deals and international operations. Scott is a third generation entrepreneur, sits on the board of several companies, consults for clients around the country, and guest lectures on business strategy and innovation at universities and conferences.
Travis is the Co-Founder of Bandojo, which seeks to musically empower the disability, education, and general consumer communities through data musification and music creation technology. He worked extensively in the world of politics and organizational startups before joining the early core team of Lavu Inc and continuing through a high growth phase in many capacities. His past government and political experience varied from campaign management and public policy to non-profit startups and multi-body lobbying on many levels. He has filled a number of executive management roles ranging from corporate strategy and international business development to branding, public relations, and high-level operations development. Current adventures and advisement also include the space of international payments, an active PR and tech business consultancy, and improving the group travel experience with fresh algorithms, software, and talented humans at ComboTrip, a group travel planning startup.
Katie Szczepaniak Rice
Senior Associate and Director of NM office, EPIC Ventures
Katie Szczepaniak Rice is a Senior Associate and head of the New Mexico office for Epic Ventures, an early-stage technology venture capital fund headquartered in Salt Lake City, UT. Katie focuses on new investments in software and technology, and she is on the boards of Lavu Inc., DOTGO and Figaro. Prior to joining Epic, Katie was a strategic market analyst at Cabot Corporation in advanced materials for alternative energy markets. Before Cabot, Katie was a consultant with Kline & Co., a management consulting firm serving Fortune 100 companies as well as emerging businesses. Before Kline, Katie was a field engineer in the energy sector for Schlumberger in France.
Katie is the president of the Coronado Ventures Forum, and she has advisory and board positions with several organizations including WESST, NMVCA, the UNM Economic Development Advisory Group, and the Los Alamos National Labs Venture Acceleration Fund. Katie has taught a class in technology entrepreneurship at UNM’s Anderson School of Business, and she has been selected as a New Mexico “40 Under Forty” business leader. Katie holds a Bachelor of Science degree in Materials Science & Engineering from the Massachusetts Institute of Technology (MIT) and an MBA from the University of Chicago. She is based in Albuquerque, NM.
Date: Thursday, April 17, 2014
Time: 6-8 pm
Venue: Prairie Star Restaurant
288 Prairie Star Rd.
Bernalillo, NM 87004
Cost: $22.50 in advance (credit card payments); $25 at the door (cash and check only).