Monica Black
Partner at Resolute Ventures
San Francisco Bay Area
Overview
Work Experience
Partner
2023 - Current
Resolute Ventures is a venture capital firm that leads pre-seed and seed stage financings. Our portfolio includes AppZen, Bark (NYSE: BARK), Beyond, Color Genomics, Greenhouse, Hello Heart, Opendoor (NASDAQ: OPEN), and Whoop. Our mission is to build and enable a peer network of Resolute Founders who: share a certain entrepreneurial spirit and energy; are driven by a need to work on things that matter; are unafraid to dream big; are founders whom we think have a better chance than most to actually achieve those dreams; and who believe being connected to a group of like-minded founders will help them succeed.
Resolute Ventures is a U.S.-based venture capital firm focused on investments in seed-stage companies.
Partner
2022 - 2023
Fractal is a venture studio that starts vertical software businesses.
Fractal develops and finances the next generation of vertical SaaS start-ups.
Founder
2019 - 2023
Function is an investor syndicate, connecting South Florida’s private wealth community with early stage technology investment opportunities. Portfolio includes Constrafor, Galatea Bio, Hemlane, Kushki, Leapfin, Pod Foods, Seek AI, Stashpad, and Truv.
Investor syndicate focusing on pre-Series A investments in B2B software across the US and Latam
Angel Investor & Advisor
2018 - 2023
Angel investor and advisor to startups and VC firms including Runa HR, Vimcal, Rime, Aprende, Blanket, Knight Foundation, TheVentureCity, and Chingona Ventures.
Scout
2020 - 2022
Venture scout for Lightspeed Venture Partners, focusing on pre-seed and seed stage companies. Scout check portfolio includes Arrive, Blanket, Mymo, Pacto, Sawa, Seek AI, and Vinco.
Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.
Principal
2016 - 2018
Venture investor for the Chan Zuckerberg Initiative focusing primarily on education. Portfolio included Andela, AltSchool, Bridge International Academies, Brightwheel, BYJU's, Ellevation Education, MasteryConnect, Newsela, Raise.me, Sawyer, Varsity Tutors, and Volley Labs.
Chan Zuckerberg Initiative supports community-driven solutions to accelerate progress in science, education, and justice.
Enterprise Account Manager
2015 - 2016
Worked closely with leading education technology companies to ensure they had seamless data connections and instant login access with the largest school districts in the country. Leveraged SQL and data visualization tools to build customer-facing data dashboards. Owned relationships with organizations such as NWEA, Houghton Mifflin Harcourt, Instructure, DreamBox Learning, MasteryConnect, Learning.com, Learning A-Z, Edmentum, and myON.
Clever is a digital learning platform designed for K12 schools and used by 22 million students and teachers.
Raised $43,320,000.00 from Lightspeed Venture Partners, GSV Ventures, Founders Fund and Sequoia Capital.
Private Equity Associate
2011 - 2013
Worked with portfolio companies and executed investments in the education, gaming, mobile payments, and media sectors. Portfolio companies included Blackboard (original deal team, acquired MoodleRooms), Univision, ZeniMax Media, Galileo Global Education (original deal team, acquired IEU in Mexico), and Miller Heiman (original deal team). Board observer for Blackboard, Univision, Galileo Global Education, and Miller Heiman.
Private Equity Associate
2010 - 2011
Executed private equity and credit investment opportunities and worked with portfolio companies in a wide range of sectors, including technology, government services, chemicals, and gaming. Executed $65M add-on acquisition of Escalate Retail, a multi-channel retail software vendor, for RedPrairie, a supply chain management company.
New Mountain Capital manages private equity and public equity capital with aggregate assets.
Raised $54,479,700.00.
Analyst, Mergers & Acquisitions
2008 - 2010
Advised and assisted clients in all aspects of M&A execution across a range of industries, including media, sports, chemicals, real estate, energy, healthcare, and financial institutions. Subset of deals include: Advised Tribune on $845M sale of the Chicago Cubs, Wrigley Field and its stake in CSN Chicago Advised Cablevision on the spin-off of its Madison Square Garden business Advised Air Products & Chemicals on its $5.9 billion hostile takeover bid for Airgas Advised J.P. Morgan on its acquisition of RBS Sempra's commodities trading business
J.P. Morgan Ventures Energy Corporation provides commodity risk management solutions in both the physical .