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Investing in Bunch
Talks about Startup, AI and Leadership
KA
Karl Alomar
Managing Partner at M13
Miami Beach, Florida
Overview
Karl Alomar is currently the Managing Partner at M13, where he has successfully invested in a variety of companies such as Bunch AI and Lightning Labs. With a background in start-ups, venture capital, and corporate development, he has also held key roles as the Chief Operating Officer at DigitalOcean and Co-Founder/CEO at China Export Finance.
Alomar's career highlights include his role as Managing Partner at M13, where he has made successful investments in various companies, and his experience as the Chief Operating Officer at DigitalOcean, showcasing his expertise in start-ups and venture capital.
Work Experience
Managing Partner
2019 - Current
M13 is a Venture Engine, a full-service venture firm that provides the platform for founding teams to create and develop high-growth businesses. M13 injects capital to fuel high-growth, while helping founding teams fill gaps in their businesses through our Propulsion Team, which provides strategic counsel, operational expertise, and a constellation of talent, experts, and resources to accelerate growth. Where we see whitespace in an industry, our Launchpad develops the right founding teams, products, and practices to incubate and launch an idea from inception.
M13 provides strategic counsel and operational expertise to help founders grow their companies.
Raised $5,512,500.00 from Manhattan West.
Chief Operating Officer
2013 - 2018
Digital Ocean is an IaaS offering providing complete cloud solutions for developer teams and growth technology businesses globally. The company has launched 12 data centers on 3 continents and has grown to over $250M in ARR with over 1M customers. Involved in developing and growing all aspects of the business including day to day business operations, raising debt and equity, and managing all procurement, finance and operations activities. Building out the hardware strategy and global data center infrastructure.
DigitalOcean provides a cloud platform to deploy, manage, and scale applications of any size.
Raised $491,275,418.00 from Empede Capital.
Co-Founder and Chief Executive Officer
2004 - 2010
China Export Finance Ltd (CEF) offered a fin tech platform for international trade finance, providing financial support specifically for exports from China destined to the Western markets. CEF provided an electronic trade platform that facilitated payments for Chinese Suppliers while providing western Importers up to 120 day’s of off balance sheet open credit terms. Built operations out of NY, London and SHANGHAI, secured the company’s major customers and helped the business to grow from a inception to over $125M of annual revenue within four years.
Co-Founder and Chief Executive
1998 - 2001
Developed and commercialized ground-breaking technology, and applications thereof, that allowed for remote online viewing of multiple video camera feeds through a peer-to-peer networking technology. The primary markets serviced included security, daycare and franchise management.
VP - International Development
1994 - 1998
Established an international presence for boutique Engineering Procurement and Construction business focused on the provision of modular refineries, chemical plants and power generation facilities.
Education
Investments
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