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Deepak Jagannathan

Sr. Director, BU Strategic Finance at Western Digital

San Francisco Bay Area

Overview 

Deepak Jagannathan is a Strategic Finance professional with a background in Venture Capital, known for his roles as Sr. Director of BU Strategic Finance at Western Digital and Chief Financial Officer at TaskHuman. Notable highlights include leading financial strategies at various startups as a Fractional Corporate Development Leader and making strategic investments in companies like Uplift, Vector, and PayJoy. Currently, Deepak serves as a Principal and Senior Associate at DNX Ventures, focusing on investments in sectors such as Manufacturing, TransportationTech, IoT, and Robotics in the San Francisco Bay Area.

Work Experience 

  • Sr. Director, BU Strategic Finance

    2023 - Current

    - Strategic Initiatives for a multi-billion dollar consumer storage business working with GM of Business Unit. - Financial Planning Process and optimization of marketing spend. - Goals, OKRs and Review cadences for measuring team and product line performances.

Western Digital helps customers capture, preserve, access, and transform an ever-increasing diversity of data.

Raised $901,367,000.00 from Apollo, Elliott Investment Management and Tsinghua Unisplendour Venture Capital.

  • Chief Financial Officer

    2021 - 2022

    Led finance, HR and Compliance functions (10+ people) - Built GTM processes like quote-to-cash and sales commissions. - Hired and Managed Finance, Compliance and People Teams as company grew ARR 10x; employees 3x (100+), Customers 3x (100+) - Supported CEO with Ser B Fundraising through ownership of due diligence, financial forecasts and growth investment planning culminating in $20M Ser B led by Madrona - Led internal and consultant teams towards SoC2 Compliance efforts. - Owned periodic (monthly/quarterly) investor reporting and board meeting packages.

TaskHuman is a real-time digital coaching platform that offers 1-on-1 interactive sessions with live wellness coaches through video calls.

Raised $33,000,000.00 from Synetro Group, Madrona, Margaret Georgiadis, PeopleTech Angels, U.S. Venture Partners, Hemant Thapar, Gaingels, Zoom Ventures, Propel(X) and RingCentral Ventures.

  • Fractional Corporate Development Leader

    2020 - 2021

    - M&A Strategy: Worked with CEOs/executive teams to develop thematic acquisition strategy areas that are complementary to product roadmap - M&A Pipeline Generation:Developed an acquisition pipeline with outbound efforts in thematic areas identified above. - Product Roadmap: Advised CEOs on product roadmap based on existing portfolio of customers and competitive analysis.

  • Principal

    2018 - 2021

    Generalist venture capital investor -- enterprise software, fintech, hardware and deeptech. Looking for founders raising their seed and Ser A for their B2B startup.

  • Sr. Associate

    2015 - 2018

DNX Ventures is an early stage VC firm focusing on B2B Startups that are shaping industries and transforming the way we live and work.

  • Member Board of Directors

    2017 - 2021

    Sourced and led investment process for DNX to lead Uplift's Ser B round in Q4 2017. Joined the board as part of the round. Acquired by Upgrade for $100M. - Warehouse lines of credit ($100M+ raised) for lending portfolio. - Partnership with 1 of the big 4 airlines. - Covid response strategy

  • Member Board Of Directors

    2017 - 2021

    Led Ser A for Haven. Acquired by FourKites in 2021. Supported executive team through: - Ser A Fundraise as lead investor and Board Member. - Executive Leadership changes. - M&A process culminating in acquisition by Fourkites.

  • Ser A Lead & Board Observer

    2020 - 2021

    Sourced and led investment process for DNX to lead Banzai's Ser A round. Joined the board as an observer as part of the round. Supported the executive team through strategy for: - Covid Response - Quarterly KPIs and OKRs. - Product Roadmap and Strategy.

  • Venturelabs Associate

    2013 - 2013

    Flagship Ventures is an early stage venture capital firm with $1.4B AUM. As part of Venturelabs, the startup incubation unit of Flagship Ventures, I created investment theses in multiple areas spanning advanced materials, energy, and biotechnology domains.

Flagship Pioneering is a venture capital firm that invests in life sciences and healthcare companies.

  • Summer Analyst

    2009 - 2009

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