LT

Leo Trudel

Mentor at Third Derivative

Boulder, Colorado

Overview

Work Experience

  • Innovation and Technology Director

    2019 - Current

    Lead strategy and innovation for electric utilities in transition, including the nation’s largest by generation capacity. Services include identifying viable clean fuel technologies, carbon capture methods, electrification strategies, communication infrastructure, and advanced digital capabilities required to operate emissions-free transmission and distribution grids.

  • Mentor

    2022

    Selected to Techstars' All Star Mentor team in 2022 and 2023, a top 1% designation across more than 7,000 mentors. Programs mentored include Techstars' flagship program in Boulder, as well as Techstars / Alabama Power Energytech and Techstars / JP Morgan AI accelerators.

  • Founding Partner

    2019

    Early-stage venture capital fund with thematic focus on B2B SaaS, including cleantech software and infrastructure. Performance across US venture industry exceeds 98th percentile since inception.

  • Venture Partner

    2022

  • Limited Partner

    2019

  • Founder & CEO

    2016 - 2019

    CloudPort combines a SaaS-based property management platform with smart home functionality, allowing large residential property managers to integrate ROI-generating, commercial-grade building automation systems that reduce O&M costs while improving tenant satisfaction. For more information, please visit http://cloudportapp.com

  • Senior Analyst

    2015 - 2016

    Role and Responsibilities • Led virtually all back office functions related to transaction and advisory services. Led multiple marketing campaigns and negotiated with prospective investors and acquirers on behalf of clients. Created valuation models using comparable companies, precedent transactions, and DCF methodologies, and modeled project finance, corporate finance, M&A, tax equity, and US GAAP-compliant financial statements. Assisted with business development. Main contributor to company’s quarterly newsletter Accomplishments • Efforts led to over $300 million in project financing, corporate financing, and M&A volume o Structured cross-border financing for small-wind developer that included near- simultaneous closing of $200mm in sponsor equity, $13.5mm in tax equity, $8mm in corporate equity, and $4mm in revolving debt o Led complete review of commercial solar developer on behalf of China-based buy-side client, and assisted with negotiating the purchase price down from $77mm to $57mm. Structured transaction to increase total holdbacks and defer additional portions of the purchase price to earnout payments o Led due diligence process for $9mm acquisition of distressed assets of fintech company o Co-created valuation models and marketing materials for residential solar developer valued at $9mm, helping to secure an LOI from a large conglomerate o Assisted with annual valuation of public construction and solar development company based in Europe. Final report was approved by PwC Audit & Assurance team

  • Analyst

    2014 - 2015

    Role and Responsibilities • Created dynamic LBO model for portfolio of solar assets and optimized internal screening model by developing and implementing sensitivity analyses and macros. Also assisted with closing processes and conducted research on energy markets using data from DSIRE, EIA, and NREL Accomplishments • Efforts contributed to the purchase of five commercial and residential solar project portfolios in the US and Canada

  • Equity Relationship Associate

    2012 - 2013

    Role and Responsibilities • Developed predictive models to help clients identify for opportunities for over-the-wall equity placements. Managed a team of four analysts responsible for providing research coverage of syndicated loans markets, and trained global ECM team on capital markets research methods Accomplishments • Efforts led to two promotions in two years • Selected by the company’s Global Head of Research to represent Dealogic as a keynote speaker at Euromoney’s 3rd Annual Global Export Finance Conference in Washington, DC

  • Fixed Income Research Manager

    2011 - 2012

  • Political Strategist

    2009 - 2011

    Role and Responsibilities • Assisted with state-level lobbying initiatives and served in Chief of Staff and Head Fundraiser roles on two gubernatorial campaigns

Education

Relevant Websites