Jim Armstrong
Managing Director at Composite Ventures
Manhattan Beach, California
Overview
Work Experience
Managing Director
2021 - Current
Focused exclusively on innovation and technology across retail and e commerce. Composite is also innovating on the existing venture capital business model, offering unprecedented transparency and liquidity investing into private tech companies that will be future market leaders.
Founding Partner
2014
March Capital makes venture capital investments in technology and innovation.
March Capital is a venture growth firm that seeks to invest in the digital transformation of cloud-based software.
Managing Director
2002
Clearstone took a different approach to a tough business and the result has been remarkable returns in some important companies.
Founded by Bill Elkus in 1998, Clearstone Venture Partners is a venture capital firm with offices in Santa Monica and Menlo Park,
Investor, LP
2007
Great effort in SF to back startups. The Hit Forge was an early investor in Twitter and Uber. Nice work Naval Ravikant and Kevin Laws!
Launch CFO
2019 - 2024
Series A Lead Investor
2006 - 2022
Lead Series A at this Pasadena based marketplace company. A leader in its industry. Siemens announced in May it would buy Supplyframe for $700MM. Congratulations to founder and CEO Steve Flagg and team!! Congrats to co founders Kai Mildenberger and Rob Rodin. www.supplyframe.com
Supplyframe is the Industry Network for electronics design and manufacturing.
Raised $15,500,000.00 from Clearstone Venture Partners and U.S. Venture Partners.
Series A Lead Investor
2014 - 2021
Bridg is a leading CDP used by retailers and product companies to get smart on their customers. Amit and team built a remarkable company. Acquired by Cardlytics in May 2021
Bridg is a customer data platform that empowers marketers to better understand and reach customers using SKU-level insights.
Raised $11,000,000.00 from NextEquity Partners, Morpheus Ventures, March Capital and Visa.
Seed and Series A Lead Investor
2016 - 2021
Branch is the banking app on your phone for employees. Atif and team moved the company to Minneapolis to be closer to big employers. Proud to be involved with this Company and remarkable team. I was involved on the board in the early days and the Company is beginning to scale.
Branch helps businesses offer accelerated pay and digital wallets to empower their workers.
Raised $633,120,000.00 from Indeed, Idealab, General Atlantic, Crosscut Ventures, Addition and Drive Capital.
Series A Lead Investor
2009 - 2021
Lead Series A at this leader in Automotive Data. Sold to Vroom in January 2021. Congratulations. Founded by Naval Ravikant in SF but moved to Austin in 2012 where it recruited a top top team in data, tech stack and product! Congrats to John Price and all the ex Trilogy folks at CarStory!
CarStory is a user-centered, mobile-first tool that curates and organizes vehicle and market details for dealers and consumers.
Series A Investor
2010 - 2020
A dominant company in product testing. This investment was led by Anil Patel ( https://www.linkedin.com/in/anilppatel/ )when he was at Clearstone. Big shout out to Darrell Benatar, founder, for putting a great investor syndicate and team in place. This is now a leading company.
UserTesting is an on-demand human insight platform designed to improve customer insights.
Raised $152,742,068.00 from Scottish Enterprise.
Education
Master of Business Administration - MBA
1994 - 1996
B.A.
1984 - 1989
Graduated
1980 - 1984