FA

Frank Andrasco

Senior Investment Director at Aramco Ventures

Greater Boston

Overview 

Frank Andrasco is a Venture Capitalist based in Greater Boston, with a focus on investing in start-ups in sectors such as AutoTech, Cybersecurity, and Robotics. With a background including roles at Aramco Ventures and Honeywell Ventures, Andrasco has made significant investments in companies like Data Gumbo and WordStream, showcasing expertise in strategic partnerships and corporate development.

Work Experience 

  • Senior Investment Director

    2021 - Current

  • Investment Director

    2019 - 2021

  • Board Member

    2018 - 2019

    Vigilent provides an innovative, AI-based software solution that optimizes HVAC for lower cost and increased comfort.

Vigilent is the leader in dynamic cooling management systems for mission critical facilities.

Raised $6,800,000.00 from Next47, TELUS Ventures, Gaurav Garg, Peter Wagner, Accel, TiE Angels and TELUS Ventures.

  • Board Member

    2017 - 2019

    Advanced solid-state circuit breaker technology. Atom Power is the first company to achieve UL listing for a solid-state circuit breaker.

Atom Power integrates hardware and software into end-to-end power distribution products.

Raised $174,450,000.00 from SK.

  • Board Member

    2016 - 2019

    Situational Awareness Sensor System for industrial robots

  • Investor/Board Observer

    2016 - 2019

    Early-stage software company innovating in time-series data analysis.

Seeq San Francisco is a software industry.

  • Investor/Board Observer

    2014 - 2019

    Early stage software company innovating in collaborative graphing for scientists and engineers

  • Venture Capitalist

    2014 - 2019

    Investor for Next47 €1-Billion venture fund powered by Siemens. Source and lead investments in early-stage companies. Next47 works with start-ups who are using deep technologies such as artificial intelligence, augmented and virtual reality, cybersecurity, autonomous driving, IoT, robotics, and advanced manufacturing, to solve industry's most difficult and fundamental challenges. Held 8 board appointments for Next47. Notable exits: Lagoa (acquired by Autodesk), Frustum (acquired by PTC), Tendril (acquired by PE)

Next47 invests in groundbreaking enterprise entrepreneurs and accelerates revenue growth by opening doors to customers around the world.

  • Investor/Board Observer

    2014 - 2019

    Early-stage software company providing enterprise wearable device management.

  • Board Member

    2015 - 2018

    Early-stage software company innovating in the field of generative design (CAD/CAM). Acquired by PTC in 2018.

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