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Andrew Cleland

Chief Investment Officer at Techstars

New York, New York

Overview 

Andrew Cleland is the Chief Investment Officer at Techstars in New York City, overseeing investments in various sectors including MarketingTech, Robotics, AI, and SaaS. With a strong background in corporate development and venture capital, he has served on the boards of numerous successful companies like EvaBot, FanDuel, and SundaySky, and has made impactful investments in companies like Enigma Technologies and Lytics.

Work Experience 

  • Chief Investment Officer

    2024 - Current

Techstars is an accelerator that provides pre-seed investment and mentoring for various early stage startups.

Raised $108,919,999.00 from SVB Financial Group and Foundry Group.

  • Advisor

    2022

    Alter Ventures invests in deeply technical seed and series A start-ups.

  • Board Member

    2022

    Conversational AI platform that helps salespeople to build a better rapport with more prospects more quickly. Results in greater sales velocity and improved conversion rates.

Eva is helping businesses build authentic relationships with their clients by making it easy to send personalized gifts.

Raised $13,690,000.00 from Forefront Venture Partners, Founders Committee Ventures, Bloomberg Beta, Precursor Ventures, MPG Fund, Alumni Ventures, Silicon Valley Bank and Comcast Ventures.

  • Board Member

    2019

  • Board Member

    2012

    FanDuel is the leading daily fantasy sports operator.

FanDuel is a gaming company that offers sportsbook, daily fantasy sports, horse racing, and online casino games.

Raised $416,200,000.00 from The K Fund, FJ Labs, True Capital Management, Pentech Ventures, True Capital Management, Jose Marin and Shamrock Capital Advisors.

  • Board Member

    2014

    Lytics provides a marketing activation platform that integrates all brand-consumer touch points, surfaces previously undiscoverable behaviors of customers and prospects, then enables superior targeted marketing by integrating into web, mobile, email and social marketing engines so that marketers can take action.

Lytics helps companies personalize engagement with customers through an advanced Customer Data Platform.

Raised $58,300,000.00 from Voyager Capital, Rembrandt Venture Partners, JMI Equity, Comcast Ventures and Two Sigma Ventures.

  • Board Member

    2018 - 2023

    React.js co-pilot that helps developers to create high-quality UX with fewer errors in half the time.

Your Design to Code Co-pilot - Generate production-grade code from Figma designs. Build stunning apps and web pages faster.

Raised $219,996.00 from Techstars.

  • Board Member

    2013 - 2022

    SundaySky, the creator of SmartVideo, helps customer-centric brands engage people with personalized, real-time video experiences at every step of the customer lifecycle. The SundaySky platform generates hundreds of thousands of SmartVideos daily, powering customer acquisition, support, growth and loyalty initiatives for leaders in e-commerce, telecommunications, insurance, banking and travel.

SundaySky's SmartVideo Platform combines the power of video with personalized storytelling at scale

Raised $74,000,000.00 from Globespan Capital Partners, Vintage Investment Partners, Viola Growth, Comcast Ventures, Carmel Sofer, Liberty Global, Norwest Venture Partners, Viola Growth, Comcast Ventures and Norwest Venture Partners.

  • Board Member

    2019 - 2022

    The only project management platform for hybrid work, shaped by users.

Hive is a productivity platform that drives companies to work forward.

Raised $26,000,000.00 from Zoom, Rembrandt Venture Partners, AngelPad and Tribeca Venture Partners.

  • Board Member

    2013 - 2022

    Provides comprehensive data about the identity and financial health of millions of small and medium businesses. Companies use Enigma’s data to power sales & marketing, onboarding, and risk monitoring.

Enigma provides reliable data and insights on the identity, activity, and risk profile of every small business.

Raised $129,640,000.00 from Nimble Ventures.

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