Caleb Eliason
Partner: SolveReign Data, Alumni: Goldman Sachs & VU Venture Partners, Playbook Author: BoomStartup/#12 Most Successful US Tech Accelerator, Early-Stage Deals: 14, Exits: 11, Left-Handed Artist & Creative Problem Solver
Caleb Eliason
Partner: SolveReign Data, Alumni: Goldman Sachs & VU Venture Partners, Playbook Author: BoomStartup/#12 Most Successful US Tech Accelerator, Early-Stage Deals: 14, Exits: 11, Left-Handed Artist & Creative Problem Solver
Salt Lake City, Utah
Overview
Work Experience
Vice President of Business Development
2023 - 2023
OmniTeq is a leading predictive analytics company, providing end-to-end solutions for data-driven decision-making. Our services include data management and architectures, advanced AI/ML analysis, predictive analytics, and custom data visualization.
Vice President Of Business Development
2022 - 2023
Aegix Global's Active Incident Management (AIM) software changes the game for Emergency Responders, Property Owners, Property Managers, REITs & more. It's the most exciting, relevant, impactful & important PropTech opportunity I've seen & we're raising our Series A. See it for yourself by watching the news story below.
VC Investor
2021 - 2022
VU Venture Partners, a multi-stage and multi-sector investment fund with offices in San Francisco, New York City, and Hong Kong.
Managing Partner/Founder
2015 - 2022
Verse Capital Partners is a venture capital firm focused on K-12 EdTech. Verse has developed a proprietary early-stage venture model that hyper-accelerates revenue to neutralize risk while magnifying return and impact. Accelerating revenue generates more capital than most companies can raise, reducing the need for dilution of both founders and early-stage investors, multiplies the probability of success, speed to success and size of the success. Success is critical in K-12, U.S. K-12 has fallen from #1 to #36, which will translate into economic failure and depressed living standards. Verse has over a half century of combined expertise and relationships in K-12, focused on generating revenue via sales and business development. Management has experience taking businesses from concepts through exit. Management has experience accelerating, acquiring, managing and exiting most asset classes and instruments as well as setting up new processes and systems for asset management, accelerators and investment banking operations.
Director of Business Development
2013 - 2015
Exited to Frontline Education, portfolio co. of Insight Venture Partners, then sold to Thoma Bravo. - Managed M&A, Legal, Lobbying/Legislative & the Business Development teams. - Assembled teams with diverse backgrounds, focused expertise, allowing the departments to generate "levered" results across a broader spectrum. - Developed processes and key metrics, allowing the teams to scale-up & measure performance results. - Focused on touching and accelerating revenue. Ex: +Strategic partnership integrations: By integrating our content with leading platforms our sales team was able to sell into new districts. +Recurring revenue: Integrations partnerships made it easier to access content, increasing usage, higher usage = higher contract renewals = recurring revenue. - Association partnerships gave us access to clients in a new setting as well as credibility, new clients, etc. - Budget policy awareness & political relationships - Mitigated political risk and identified opportunities via key relationships on "The Hill", giving us 6-12 mos. lead-time on policy changes. - Mergers & Acquisitions: Sourcing, researching and making recommendations on potential opportunities to Build, Buy or Borrow. +Increased capacity: Built internal partnerships, leveraging department expertise to increase our ability to vet deals. Ex: CFO to track deal flow and increase approval. Accounting to conduct research and review financials. - Legal: Consolidated four (4) firms, all working in silos, billing in excess for overlapping matters, creating undue risk exposure into a single firm with the capability of managing all matters: Holland & Hart LLP.
Program Director - Nationally Ranked #12, Best Technology Accelerator
2012 - 2012
Program Director - Acquired by Assure Fund Services - Accelerated: 8 portfolio companies, w/ 4 exits as of 2018, exceeding top-quartile IRR - Achieved Top 12 National Ranking: TechCrunch/Crunchbase, MIT Sloan School of Business, Darden, U of Richmond Batten Institute, Hochberg & Cohen - Wrote: Accelerator Playbook - Assembled support team, including: film intern, marketing intern, operations intern, etc. - Published: A Technology Accelerator for Business/Economy, Deseret News
Syndicate Sponsor Turned Co-Founder/Head of Product
2007 - 2011
Exited to Perseus, a D.C. based Private Equity firm. EBI was an early-stage Fundless Sponsor investment. $4M was deployed in January 2008, the month following the market's peak. The recession forced a pivot, we had to join and help turn the company around. We put another $2M into the deal, got control, narrowed the product & distribution strategy, focused everything on revenue. Our head of product and I went further north in China, found less expensive factories for big-box retailers. We landed a 400-store test with Target Corp. They didn't know us, they didn't know if we could ship, QC, etc. but they knew the brand and that's what we invested in, it was the asset. The test product checked instantly and we followed it with a multi-year P.O., filling every Target in America (1,788-stores), plus online, back-stock, for up-to 30 product SKUs over 3-yrs. Shortly after, we exited to a D.C. based private equity group for $18m. We made money in retail during the worst retail climate since the Depression.
Founder/Managing Partner
2002 - 2010
Exited to Private Investors Commercial Real Estate Development - Raised $278,000 in equity financing and $748,000 in debt financing from the SBA to build a commercial, water-efficient, self-serve car wash. I acquired a parcel of raw land with the capital generated from selling equity. Next, I used the land as collateral to secure an SBA note and completed building out the site. I owned and operated the asset for many years and exited it after depreciating the assets.
Associate
2004 - 2007