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Parker Macdonell

Advisory Partner at Rev1 Ventures

Columbus, Ohio

Overview 

Parker MacDonell is an Advisory Partner at Rev1 Ventures in Columbus, Ohio, with a background in management, finance, and leadership. With a notable career in venture capital, Parker has invested in various successful companies like MentorcliQ and Healthy Roster, demonstrating expertise in strategic planning and fostering startup growth.

Work Experience 

  • Board Member

    2023 - Current

3Bar Biologics delivers a sustainable microbe inoculant system that helps farmers increase crop yield.

Raised $2,400,000.00 from S2G Ventures, Maumee Ventures, SVG Ventures, Ohio TechAngels Fund, Queen City Angels, Carmen Innovations, Rev1 Ventures, Village Capital and Rev1 Ventures.

  • Board Observer

    2022

    ReadySetSurgical helps hospitals improve patient care and reduce costs by tracking inventory of surgical implements. It helps the manufacturers of implements predict demand and understand client and patient needs.

  • Advisory Partner

    2022

    Co-manage the Ohio TechAngel Funds. Assist portfolio companies with financing and strategic matters.

  • Managing Director, Ohio TechAngel Funds

    2015 - 2021

    Ohio TechAngels Fund (OTAF) is a group of for-profit investor funds that invested in highly promising Ohio-based C-Corporations in IT, advanced materials, and life sciences. More than 330 high net-worth accredited investors contributed to the funds. The Ohio Third Frontier Program provided additional funding, and Rev1 Ventures is Manager of the Funds. The Funds are fully invested and not accepting new investments.

  • Advisor

    2014 - 2015

    Rev1 Ventures helps entrepreneurs build great companies. We offer engaged clients advice from experienced business professionals through the Advisor Network. Read more at https://www.rev1ventures.com/entrepreneurs/advise/. Parker led the Advisor Network at Rev1.

Rev1 Ventures is an investor startup studio that combines capital and strategic services to help startups scale and corporates innovate.

  • Board Observer

    2022

    Lucy.ai helps companies unlock the knowledge within to answer important business questions.

  • Member

    2004

  • Board Observer

    2021 - 2022

  • Board Member

    2020 - 2022

    Assisted CEO with advice on financing and strategic matters.

  • Board Observer

    2015 - 2020

    MentorcliQ is a mentoring software solution that helps organizations launch, support, and grow high-impact employee mentoring programs. Our approach drives employee participation and satisfaction through an engaging user experience and supporting training resources. MentorcliQ system makes it easy to manage multiple mentoring and talent development programs from a single place.

MentorcliQ is an employee mentoring software platform that helps upskill and retain employees.

Raised $91,275,000.00 from Rev1 Ventures, PSG Equity, Plymouth Growth, Plymouth Growth, Rev1 Ventures, Service Provider Capital, Rev1 Ventures, Ohio TechAngels Fund and Rev1 Ventures.

  • Board Observer

    2017 - 2022

    Able (ska Employstream) was a Software-as-a-Service (SaaS) platform that automated the hiring and onboarding process for employers. Founded by a leading staffing agency in Northeastern Ohio, Able became part of Bullhorn in 2022.

Able works to help recruiters simplify and automate the processes that prevent new hires from getting to work.

  • Board Member

    2017 - 2019

    Rapchat is an app that allows anyone to create, share, and discover freestyle raps all from their phone. Essentially, it's a mobile recording studio with a social network and community to go with it. To date, over 8M raps have been shared on the platform and hundreds of thousands of people use Rapchat every month. https://www.rapchat.me

  • Board Member

    2013 - 2019

    As a board member, I served as Treasurer and member of the Membership Committee. Columbus was fortunate to host the ACA Leadership Workshop in September 2014.

The Angel Capital Association is a professional and trade association supporting the success of angel investors.

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