Ian McHenry
Venture Partner at Pioneer Fund
Ian McHenry
Venture Partner at Pioneer Fund
San Francisco Bay Area
Overview
Work Experience
Venture Partner
2023 - Current
YC Alumni investing in YC companies.
Angel Investor
2020
Investing in B2B Optimization SaaS like Optimal Dynamics (Series A from Bessemer), Greenwork (Seed from GV), inBalance (acquired), logisticsOS, Serif Health, and Zynq
Co-Founder and Board Observer
2019 - 2022
Founded Beyond Pricing, a B2B SaaS solution for optimizing pricing for vacation rental managers and owners in the $180b vacation rental industry. Raised over $45m from top-tier investors including Bessemer Venture Partners and built the company to double-digit millions of ARR.
Co-Founder and CEO
2013 - 2019
Beyond helps people with short-term and vacation rentals make more money from their properties through a suite of tools. Beyond Pricing (www.beyondpricing.com) is a revenue management tool that automatically optimizes and posts prices to Airbnb and other major channel partners.
Founder and CEO
2020 - 2021
In Stock makes buying products locally as easy as buying on Amazon. Instead of buying on Amazon, you can search In Stock to find any product available from a friendly local business to pick up or be delivered today. We help you feel good about shopping local, without losing the convenience of shopping online. Consumers in the US spend over $4 trillion a year in retail purchases, with 90% of that coming from physical retail stores. By transforming the way people buy products from physical stores, we are unlocking a massive opportunity that will change how local retail operates. Over half of local retail stores don’t have their product inventory on their website and almost none of them offer local delivery. Coronavirus accelerated a trend of people less and less willing to go into physical stores. When we realized we could provide the breadth of products that Amazon has with the speed of delivery, at a comparable cost to retailers and consumers, we knew we could help transform the pay people shop.
Founder and CEO
2012 - 2013
Founded Nose Rider Labs to develop innovative products to help people discover and book experiences. My first bootstrapped startup, I taught myself to code in a LAMP stack to build Wetter Feet (www.wetterfeet.com). Our vision was to build a GDS (global distribution system) for experiences (Sabre for Experiences). After launching and acquiring several hundred users, I sidelined the project.
Corporate Development Associate
2011 - 2012
Part of a new team brought in after global technology private equity firm Silver Lake Partners purchased Mercury Payments, one of the largest integrated payment processors in the U.S. Worked closely with the CFO on strategic M&A (including the acquisition of Sundrop Mobile), internal consulting, and financial reporting. Mercury was later sold to Vantiv for $1.65B.
Program Associate
2009 - 2010
One of the first 20 employees at One Acre Fund, a social enterprise focusing on solving rural poverty in Africa. Recipients of prestigious grants from the Gates Foundation, Skoll Foundation, Draper Richards Kaplan Foundation, and USAID. Managed a district serving thousands of farmers through an innovative distribution network for farm inputs and credit, tripling farmer productivity and doubling farmer income after paying back loans. Launched a solar light credit product that is now part of the core offering for hundreds of thousands of farmers. Launched a government services division responsible for working closely with local governments to scale 1AF's offerings.
Consultant
2006 - 2009
Worked with senior management at Fortune 500 companies on a variety of cases. Focused on global airlines and hotels, particularly in revenue management and loyalty programs. Worked for airlines in Central America, the U.S., and the Middle East.
Investment Banking Analyst
2006 - 2006
Worked in the Technology Investment Banking group focusing on software and semiconductors.
Investment Banking Analyst
2005 - 2006
Focused on corporate finance and mergers & acquisitions for the airline, transportation, and environmental sectors including: - $780M acquisition by FedEx of Watkins Motor Lines - $95M IPO for Allegiant Air - $50M Private Placement for DayJet - Boart Longyear acquisition of Prosonic
Education
Investments
Latest Articles
Staying Local
Talks about distributed neighborhood hotels, gentrification and affordable housing