Aihui Ong
General Partner at Transform Capital
Aihui Ong
General Partner at Transform Capital
San Francisco Bay Area
Overview
Work Experience
General Partner
2021 - Current
Invest in Series B or later technology startups with a commitment to philanthropy where 50% of General Partners' profits (carried interest) are donated to causes LPs and founders care about the most.
Board Member
2022
Carta of Africa
Investment Partner
2019
XFactor Ventures is looking for tenacious female founders and mixed-gender founding teams attacking billion-dollar market opportunities. With three funds and a portfolio of over 85 companies, we are one of the most active venture investors in companies founded by women. We invest $125k into pre-seed or seed stage rounds and provide advice, mentorship, and connections to help our companies succeed. The XFactor investing partners are current successful operators, collectively raising over $800M in capital, hiring thousands of employees, but they are still in the trenches every day. Let's connect if you're a female founder working on a big idea!
Chief Executive Officer
2020 - 2021
As the CEO, I delivered the overall vision, sales/marketing strategy, and technical guidance for the market leader in wearable pet products. Oversaw custom-designed hardware, artificial intelligence (AI), machine learning (ML), and Big Data into a suite of smart, Internet of Things (IoT) solutions that monitor a pet’s location, health, fitness, and safety. • Accountable for a $50MM P&L, day-to-day operations, investor relations, and the interface to the company’s parent Mars, Inc. • Rationalized, restructured, and reorganized operations to reduce costs • 2X revenue year over year by simplifying the online purchasing process, streamlining the product line mix, focusing marketing dollars on key products, and opening up new retail channels. • Spearheaded the redesign of the company’s e-commerce Website, which led to a 3000% improvement in the conversion rate, reduced shopping cart abandonment by 40%, and improved NPS score by 50%. • Redesigned the mobile app to increase pet data visibility, enhance ease of use, and augment the pet health alerts, reducing the churn in the mobile subscription service by 25%.
Senior Vice President Of Technology
2018 - 2019
As a business and technology leader, Aihui is responsible for developing and overseeing the execution of the company’s technology and data-driven strategies by leveraging technology, artificial intelligence and real-time data to facilitate best in class consumer insights and delivery of premium products to consumers nationwide. • Grew the technology team from three to over 30 software engineers and data scientists/analysts, leading to a new IT infrastructure that dramatically improved the company’s operational efficiency. • Introduced automation between SnackNation and third-party vendors, cutting shipping costs by 30% and shipping time by two days.
Founder & CEO (Acquired)
2011 - 2018
EdgiLife helps consumer packaged goods companies instantly engage in a unique dialogue with health & wellness-centric consumers to create successful products. EdgiLife’s AI/ML platform ingests data from consumer insights collected via a better-for-you snack subscription box called LoveWithFood and sold predictive trends/data to consumer packaged goods companies (CPG). • Built company from the ground up, from writing the initial Ruby on Rails code to growing sales from zero to multi-million dollar in revenues to raising millions in venture capital. • Established sales pipeline of more than 3,000 CPG companies, including household names such as General Mills, Hershey’s, and Hammonds.
Founder & CEO (Acquired)
2011 - 2018
Love With Food's mission is to help consumers easily discover natural, organics snacks delivered to their doors. Over 7 years, Love With Food is one of America's largest B2C snack subscription company. Love With Food is endorsed by celebrities like Andrew Zimmern, Tiffani Thiessen and MasterChef winner Christine Ha. • Inc 5000 2015: The Fastest-Growing Private U.S. Companies - Love With Food Ranks #129 • The 50 Fastest-Growing Women-Led Companies in America - Love With Food Ranks #9 • Love With Food acquired 4 other subscription companies - Goodies.co (Walmart company), TasteGuru, Send Me Gluten Free and G-Free Foodie Box. • Grew subscriber base to over 500K using growth hacking strategies such as influencer, social media, and email marketing augmented by extensive public relations outreach.
Founder - PeopleSoft Project Manager/Technical/Functional ERP Expert
2001 - 2011
Started and operated a development and consulting company that specialized in the implementation of ERP financial systems in Fortune 500 companies.
Senior Software Engineer
2000 - 2001
Based in Pleasanton (CA), involved in product development of Purchasing, Billing, Asset Management systems.
Senior Consultant
1999 - 2000
Based in Los Angeles (CA), managed and implemented enterprise financial and payroll software for Fortune 500 companies like General Motors.