BC

Bennett Carroccio

Founder of Canal

San Francisco, California

Overview 

Bennett Carroccio is the CEO and Co-founder of Canal, a platform used by leading retailers to optimize sales. He has a background in venture capital with a notable role as an xVC at a16z, and has a strong track record in business development and entrepreneurship. Carroccio has successfully co-founded Canal and led the company to be recognized as a Marketplace 100 Founder, while also bringing his expertise in venture capital to a16z.

Work Experience 

  • Co-founder & CEO

    2021 - Current

    Canal is the exclusive network transforming the way products are sold online. We’re backed by the top e-commerce investors and industry leaders and are building a best-in-class team to solve a complex e-commerce challenge. If you’re interested in joining a dynamic team with amazing growth opportunities, please reach out or check out ShopCanal.com.

Canal is a distributed commerce platform that facilitates the retail or purchase of any product online.

Raised $27,000,000.00 from Coatue, Andreessen Horowitz, K5 Global, Gaingels, Sound Ventures and Forerunner.

  • Consumer Investment Partner

    2017 - 2021

    - Founded the a16z Marketplace 100 - Notable deals include Navan (fka TripActions), Substack, Shef, Hipcamp, FlyHomes, Sleeper, Lunchclub, Incredible Health, Silo, Reface, and many more.

Andreessen Horowitz is a stage-agnostic venture capital firm with assets under management across multiple funds.

  • Business Development (acquired by King)

    2016 - 2017

    Acquired by King (the mobile gaming publisher behind Candy Crush). Backed by Jackson Square Ventures, Creandum, and Play Ventures.

Omniata enables the entire digital organization - Marketers, Product Managers and Data Scientists - to run their business based on data.

Raised $6,800,000.00 from Jackson Square Ventures and Creandum.

  • Business Development (acquired by LinkedIn)

    2015 - 2015

    Acquired by LinkedIn. Backed by Redpoint Ventures.

Heighten is a software as a service company that provides a platform for salespersons to operate faster.

Raised $7,360,556.00.

  • NUS Economic Sociology Master's Program

    2014 - 2014

    Focus of Study: Economic Development throughout ASEAN International Community

  • Fixed Income

    2013 - 2013

    Global Strategy, Municipal Debt, and MBS/ABS Desks

  • Finance and Macro Strategy

    2012 - 2013

    “Special Energy- and Finance-Related Projects”

  • Founder, CEO

    2011 - 2012

    Combating Alarming and Increasing Veteran Suicide Rates

Articles About Bennett

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