Kofi Asante
Business Development and Market Expansion at Arc
Los Angeles, California
Overview
Work Experience
VP of Business Development and Market Expansion
2024 - Current
Arc Boats is an electric boat manufacturer offering a seamlessly connected boating experience.
Raised $100,020,000.00 from Eclipse Ventures, Andreessen Horowitz, Abstract, Menlo Ventures and Lowercarbon Capital.
Venture Partner
2020
Venture Capital firm that invest in early stage startups focused on AI, Machine Learning, and Autonomy
Advisor l Board Member
2021
Visible Hands is a venture capital firm on a mission to highlight and invest in the limitless potential of overlooked founders. They provide funding, an incubator and a network to women and underrepresented minorities who are looking to build innovative companies. The mission is to enable a world where talent and execution—not race or gender— are the key predictors for success.
Visible Hands is a Venture Capital firm and Accelerator that provides meaningful funding and support to early stage companies.
President’s Advisory Council
2021 - 2024
Board Member - Tufts Entrepreneurship Center (TEC)
2020 - 2024
Tufts Guest Lecturer - Entrepreneurial Leadership Studies
2020 - 2024
Founding BD & Strategy Team Exec
2019 - 2024
VP of Strategy & Business Development
2019 - 2024
Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation.
Raised $111,548,450.00 from Yes VC, New Vista Capital, Sprint Vc, Nomad Ventures, Side X Side Management, Catapult Ventures, Marlinspike Capital, Prosperity7 Ventures, Lockheed Martin Ventures and Bossa Invest.
Powerloop Co-Founder // Strategy & Partnerships Lead
2017 - 2019
Uber Freight Strategy
2017 - 2019
Uber develops, markets, and operates a ride-sharing mobile application that allows consumers to submit a trip request.
Raised $30,212,450,000.00 from PayPal.
Global Wealth Management Intern
2016 - 2016
• Created performance analysis and review for clients with portfolios of over $100 million in investable assets • Researched and presented stock pitches for investors prior to client meetings resulting in $500,000 of new investments • Performed industry analysis on virtual reality and augmented reality market • Prospected to find over 120+ potential clients for the Private Bank projected to bring in over $10 million AUM • Assisted bankers in creating $50+ million asset allocation pitches resulting in $350,000 of new asset investments
Morgan Health is the healthcare investment arm of JPMorgan Chase.
SEO grad
2015 - 2016
•149 wall street interns chosen out of 7500 applicants across the country to receive finance prep • Completed 100 hours of online and in-person training covering technical skills including: MS Excel, PowerPoint, and basic accounting and finance, in addition to professional development skills relevant to Asset Management.
Business Development Manager
2015 - 2015
Tabbedout is a Series D mobile payment startup. I along with with my partner launched Tabbedout in Boston. This required creating a go to market strategy, pitching to clients, marketing the product to consumers, and forming strategic partnerships to successfully execute the launch.
Project Management/Business Development Intern
2015 - 2015
Tabbedout is a Series D mobile payment start up. During my time there I analysed data to help the management team make strategic decisions. These decisions helped Tabbedout expand to other cities, form strategic partnerships and create product road maps.
UNION, a hospitality engagement platform that leverages data to deliver exceptional experiences for consumers, venues, and brands they enjoy
Raised $22,000,000.00 from Aquila Capital Partners, ROTH Capital Partners, Wellington Partners, New Enterprise Associates, Fiserv, Trog Hawley Capital, Clerisy and Anthony Catalfano.
Education
Bachelor’s Degree
2013 - 2017