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Carle Stenmark

General Partner at VMG Partners

San Francisco, California

Overview 

Carle Stenmark is a General Partner at VMG Partners in San Francisco, with a background in private equity and venture capital. He has successfully invested in companies like Nowsta and Daily Harvest, focusing on sectors like Food and Beverage, E-commerce, and Consumer Health. Stenmark holds an MBA from Harvard Business School and has experience working at OPOWER and Summit Partners. His notable career highlights include leading investments in companies such as Rinsed and The Pill Club, showcasing his expertise in financial modeling, due diligence, and business strategy.

Work Experience 

VP

VMG Partners

  • General Partner

    2012 - Current

    VMG Partners is a leading investment firm focused on championing entrepreneurs and managers to support the growth and strategic development of transformative consumer businesses, services, and the technologies that power them. Carle oversees VMG Technology - formerly known as Catalyst - which seeks to utilize VMG’s domain expertise and deep-seated relationships within the consumer business community to support the firm’s technology investment efforts. The rapid convergence of consumer needs and technology has created a large whitespace on which VMG can capitalize. Carle provides varying levels of support across the firm’s portfolio, spanning both technology & consumer investments. Current + Afresh - Software + Bobbie - Food & Beverage + Daily Harvest - Food & Beverage + Maev - Pet Products & Services + Milk Movement - Software + Nécessaire, Inc. - Beauty & Personal Care + Nowsta - Software + Rinsed - Software + Shogun - Software + Swell - Software + Weee! - Marketplaces Realized + Babyganics - Beauty & Personal Care + Health Warrior, Inc. - Food & Beverage + Justin’s - Food & Beverage + Spindrift Beverage Co. - Food & Beverage + Sun Bum - Beauty & Personal Care + The Pill Club - Health & Wellness

A leading PE and VC firm partnering w/ founders and managers to support the growth of consumer brands and the technologies that power them.

vmgpartners.com
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OPOWER

  • Business Development Associate

    2011 - 2011

    Evaluated new market opportunity, defined product requirements and designed product marketing material.

Opower is a SaaS-based customer engagement and energy efficiency company providing the tools consumers need to make better energy decisions.

Raised $65,700,000.00 from Sozo Ventures.

opower.com
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Summit Partners

  • Associate

    2007 - 2010

    I was responsible for identifying and qualifying companies in the Energy, Consumer, Business Services, Green Building and Smart Grid sectors that I thought had strategic value and were positioned for growth. Once a company became a clear investment target, I conducted market and competitive analysis, financial due diligence, and valuation models. In addition, I worked intimately with the senior management of two portfolio companies on strategic positioning; we pursued growth opportunities in new market verticals and completed complementary acquisitions.

Summit Partners is an investment firm that is currently investing in to growth equity, fixed income, and public equity opportunities.

summitpartners.com

Education 

Investments 

Nowsta

Series C

Total funding: $46M

Rinsed

Series B

Total funding: $32M

Maev

Series A

Total funding: $19M

Milk Moovement

Series A

Total funding: $26M

Articles About Carle

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