DP

Daniel Porras Reyes

Associate at Flybridge

New York, New York

Overview 

Daniel Porras Reyes is an Associate at Flybridge with experience in venture capital and data enablement platforms for AI builders. He has held roles at various investment firms, including Dalus Capital and Velum Ventures, demonstrating expertise in analyzing financial data and managing investments. Highlights of Daniel's career include his role as an Investment Manager at Velum Ventures and creating the AI Index. His current position at Flybridge allows him to leverage his skills in strategic planning, leadership, and financial analysis to support innovative companies in their growth.

Work Experience 

  • Associate

    2023 - Current

    AI focused Seed-stage venture capital firm based in Boston and New York City. With over $1 billion under management across six seed funds and nine network funds, portfolio companies include: Arcee.ai, BetterCloud, BitSight, Bowery, Chief, Codecademy (acq: SKILL), FalconX, Firebase (acq: GOOG), Habi, Infracommerce (BVMF: IFCM3), MadeiraMadeira, MongoDB (NASDAQ: MDB), Open English, Splice and Troj.ai.

  • Angel Investor

    2022

    B2B marketplace, connecting small businesses directly with Asian manufacturers. https://techcrunch.com/2022/05/24/pandas-latin-america-business-asia/

  • Associate

    2022 - 2022

  • Senior Analyst

    2021 - 2022

    Venture capital fund focused in supporting the best entrepreneurs creating innovative businesses in Mexico and Latin America (formerly called Alta Ventures Mexico). Investing three funds with AUM of $175M+ in Series Seed, A & B in Latam and US.

  • Investment Manager

    2021 - 2021

    Leading venture capital firm in Colombia with 16 active investments across two portfolios. • Developed the processes and criteria to pick and monitor the investments for the second fund. • Prepared investment memorandums for the investment committee which led to 3 investment approvals. • Assisted portfolio companies, which included being placed as temporary financial controller in one company, in which I managed to define the viability to achieve returns and created a roadmap to achieve a turnaround.

  • Investment Analyst

    2020 - 2021

  • Financial Consultant

    2020 - 2020

    Hogaru is a fast-growing startup that is transforming how small businesses and homes are cleaned in Colombia. Hogaru perform +40k cleaning services per month, operate in 5 cities in Colombia, and employ directly +850 professional cleaners. Winter 2017 batch at YCombinator. • Developed a direct cash flow model with sensitivity analysis of the main variables. • Assed cash associate risk regarding Corona Virus, information used to make significant strategic decisions by de CEO.

  • Co-founder

    2018 - 2019

    Fintech savings company in Colombia that allow users to digitize the change when making cash purchases • App with 2600 users and 44 partner stores, reaching the top 30 finance applications in the App Store. • Achieved 23% growth in user acquisition in 20 days by implementing big data driven analysis to segment the market and allocate commercial efforts to strategic locations and user. • Participated in a Google acceleration program, being selected among the top 10 most promising fintech startups.

  • Investments Intern

    2019 - 2019

    Privately-owned international business group active in 35 countries across six continents. The Group is focused on six core sectors: aviation, energy, finance and diversified, hospitality, real estate, and shipping. • Performed the valuation of Convergen Energy using DCF and multiples, and pitched the results to the senior management. • Conducted financial and legal real state market research for the COO of Elandis. Research was included in the final pitch deck presented to potential investors. • Conducted research and prepared presentations about the renewable energy market in the United States for the new CEO of Greenwood Energy.

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