Demi Obayomi
Founder of A-Level Capital
Demi Obayomi
Founder of A-Level Capital
San Francisco, California
Overview
Work Experience
Vice President
2021 - Current
Sapphire is a venture capital firm with $10B+ in AUM and offices across the US and Europe. Sapphire Ventures has invested in 100+ technology companies since 2011 with 55+ exits including 20+ IPOs. Recent exits include Monday.com (IPO), Wise (IPO), AvidXchange (IPO), Auth0 ($6.5B sales to Okta), JFrog (IPO), Sumo Logic (IPO) and Segment ($3.2B sale to Twilio). At Sapphire I have invested in: 1) 6sense (Series D, 2021) - Account Based Marketing (ABM) software 2) FloQast (Series D, 2021) - Financial close software 3) Yellow.ai (Series C, 2021) - CX automation software 4) Gem (Series C, 2021) - Talent acquisition software 5) Paradox.ai (Series C, 2021) - Talent acquisition software 6) CaptivateIQ (Series C, 2022) - Sales commissions management software 7) Qualified (Series C, 2022) - Pipeline generation software 8) Simpplr (Series D, 2023) - Employee experience software 9) Rewst (Series C, 2024) - Automation platform for MSPs 10) EliseAI (Series D, 2024) - Conversational AI for real estate & healthcare
Board Observer
2023
Board Observer
2021
Co-Founder
2015
A-Level Capital is a student-run venture capital firm founded by JHU students and alumni to build a stronger entrepreneurial culture in the JHU community. If you are building an early-stage business targeting a large market opportunity and have a Johns Hopkins affiliate (student, alumnus, employee etc.) on your founding team, please reach out. Since inception, we have invested in 25+ companies that have raised over $275 million in venture capital from top tier firms including Khosla Ventures, Felicis Ventures, 8VC, Madrona Venture Group, Amazon's Alexa Fund, Flybridge Capital, Mithril Capital Management, 645 Ventures, Greycroft Partners and more. Our investments include: - Siren Care, a diabetes foot monitoring system - Negotiatus, a spend management platform for businesses - Proscia, AI for digital pathology - Osmosis, personalized learning for students and professionals in medicine - GiveCampus, a P2P fundraising and volunteer management platform for schools - Emocha, mobile technology for medication adherence - Helium Health, EHR software for Africa - Sonavex, ultrasound medical device for surgical applications - Kylie.ai, conversational bots that automate customer service - Archer Roose, high quality wine in alternative formats
Investor
2019 - 2021
NextWorld leads Seed, Series A and B rounds in B2B SaaS startups and then helps entrepreneurs accelerate growth with our Global Enterprise Platform—designed to connect our portfolio companies with 100+ of the largest global corporates. NextWorld’s investments include Zuora (NYSE: ZUO), Gong.io, Headspin and Aircall. I sourced NextWorld's investments in: 1) Spiff (Series A, 2020) - Commissions management software for sales operations and finance teams. 2) Jirav (Series A, 2020) - Financial planning & analysis software for finance teams and accounting firms. 3) Routefusion (Seed, 2020) - Cross-border payments. 4) Atomic API (Seed, 2020) - Embedded investment accounts.
Investor
2017 - 2019
With $1.5 billion under management, FirstMark Capital is one of the largest early-stage venture capital firms based in New York and on the East Coast. We invest in both enterprise and consumer companies and have been privileged to work with several household names including Pinterest, Riot Games, Airbnb, Draft Kings, Shopify and Invision among others. I worked on several of FirstMark's investments including: - Justworks (Series D), a PEO building a next-generation HR, benefits and payroll platform - Parsley Health (Series A), delivering more effective primary care through functional medicine - Donut (Seed), HR software company focused on People Success - Timber (Seed, acquired by Datadog), cloud-based log management tool for developers. - MissionU (Series A, acquired by WeWork), college alternative with $0 upfront tuition that prepares students for data-intensive roles - Merlin (Series A, acquired by Commure.com), a mobile-first marketplace that matches blue collar job seekers and employers In addition to investing, I have also worked with one of FirstMark's Partners, Matt Turck, on thought leadership pieces in IoT, Big Data & Artificial Intelligence and Blockchain.
Investment Banking Analyst
2015 - 2017
Investment Banking Analyst in the Industrials Group where I was involved in the following transactions: - Carve-Out and Sale of KUKA Systems Aerospace North America to AIT - Refinancing and Sell-Side Advisory for US Security Associates - Sale of CAMP Systems to Hearst
Intern
2015 - 2015
An eye-opening experience into building a global venture capital firm while learning from passionate people that were a pleasure to work with. During my internship, I supported the 500 Startups team in running its first pre-accelerator program which was organized in conjunction with General Assembly.
Student Leader
2011 - 2015
I held various leadership roles including: - Research Assistant to Professor Steve Hanke, JHU Institute for Applied Economics - Materials Selection Teaching Assistant, Mechanical Engineering Department - Finance Recruiting Assistant, Johns Hopkins Career Center - Executive Board Member, Marshal Salant Student Investment Team - Treasurer, African Students Association - Vice President, Pi Tau Sigma Mechanical Engineering Honor Society - Head of Household (lead volunteer), The Thread - Volunteer Mentor, Mentoring Assistance Peer Program
Investment Banking Summer Analyst
2014 - 2014
Investment Banking Summer Analyst in the Industrials Group where I received a full-time offer and was involved in the following transactions: - $3.3 billion Sale of General Electric's Appliances Business to Electrolux - $2 billion Spin-Off of KLX Inc. from B/E Aerospace