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The Founder’s Paradox
Talks about Startup, Founders and Venture Capital
RS
Reed Sturtevant
General Partner at Engine Ventures
Lexington, Massachusetts
Overview
Reed Sturtevant is a General Partner at Engine Ventures, with a background in entrepreneurship, venture capital, and start-ups. Highlights of his career include roles as Managing Director at Project 11 and as a Board member and co-founder at Startup Institute.
Sturtevant has a diverse investment portfolio that includes companies like DBOS, Inc., Amide Technologies, and Flywire, focusing on sectors such as SaaS and FinTech, while also serving as an advisor and lecturer at institutions like MIT and Olin College of Engineering.
Work Experience
General Partner
2023 - Current
Engine Ventures invests in early stage teams & companies bringing scientific and technological breakthroughs to market.
Managing Director
2014
Pre-seed venture capital fund investing in technology startups.
Founding Member and Trustee
2009
We are a group of individuals giving monthly micro-grants for the advancement of creative and innovative projects and ideas as well as supporting artistic and technical communities. We started in the Boston area and have grown to 83 chapters in 13 countries who have awarded more than USD $5,600,000 in direct grants to date.
Advisor
2015
Advisor to the MIT Sports Lab which is building an interconnected community of faculty, students, industry partners, alumni, and athletes who are passionate about tackling challenges that lie at the intersection of engineering, education, research and sports.
General Partner
2017 - 2023
The Engine seeks to support early stage teams & companies bringing scientific and technological breakthroughs to market.
Board member and co-founder
2012 - 2021
Startup Institute is a full-time immersive eight-week experience that prepares people to become great hires for technology startups. Programs are run in Boston, NY, and Chicago.
Startup Institute's program will give you the skills, mindset, and network to find a job you love, doing work that matters.
Raised $4,300,000.00 from Accomplice.
Lecturer, Technological Innovation, Entrepreneurship, and Strategic Management
2010 - 2014
Co-instructor of graduate course 6.932, "Linked Data Ventures" with Professor Sir Tim Berners-Lee and others.
Lecturer in Entrepreneurship
2013 - 2014
Co-instructor of required undergraduate course in Entrepreneurship.
Managing Director
2011 - 2014
Co-director of the accelerator program in Boston. Between 2011 and 2014 we invested in 64 early stage companies including GrabCAD, Pillpack, Ovia, Wymsee, Careport, Synack, Placester, Kinvey, Evertrue, Memrise, Promoboxx, Ginger.IO, docTrackr, NBD Nano, Zagster, and many many more.
Techstars is an accelerator that provides pre-seed investment and mentoring for various early stage startups.
Raised $108,919,999.00 from SVB Financial Group and Foundry Group.
Managing Director, Microsoft Startup Labs
2007 - 2009
Founding director of a product development and innovation center in Cambridge, Massachusetts. Among other projects, the lab designed and developed the user experience for Bing Twitter search.
Microsoft Advertising provides digital advertising solutions.