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Understand the Dynamics of Your First Venture Dollars
Talks about Venture Capital, Founders and Startup
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Sid Krommenhoek
General Partner at Album Investor
Lehi, Utah
Overview
Sid Krommenhoek is the Founder & General Partner at Album VC in Lehi, Utah, where he has successfully invested in notable companies like Podium Education and Whistic. With a focus on sectors such as Education and SaaS, Sid has built a strong portfolio of investments and serves on the boards of several companies, showcasing his expertise in entrepreneurship and venture capital.
Work Experience
Founder & General Partner
2014 - Current
$500k-$3M investments into early-stage software companies (Seed and Series A) with a focus on B2B SaaS, Fintech, Future of Work, and Marketplaces B2B SaaS: ClientSuccess, Clozd, Consensus, Filevine, GuideCX, Halosight, Huckabuy, Jolt, Marketware (acquired by MedSphere), Luz, Mosyle, ObservePoint, Podium, Route, Spiff, Teem (acquired by WeWork), SalesRabbit (acquired by Diversis Capital), SaltStack (acquired by VMware), Weave (public offering), Whistic, Wooly Fintech: Divvy (acquired by Bill.com), Nav, MX, Taxbit, Seis, ZipBooks (acquired by Divvy) Future of Work: BuiltForTeams, Degreed, Edsights, Podium Education, Pronto, TransfrVR Marketplace: Andela, BallerTV, ClearVoice (acquired by Fiverr), Homie, Lendio, Neighbor, Pillow (acquired by Expedia), Qwick Consumer: PetIQ (NASDAQ: PETQ), Cake, Latitude, Owlet, Liingo (acquired by 1-800 Contacts), Prenda http://www.album.vc/
Album VC is a venture capital firm that invests in early-stage technology ventures, shaping the future of technology and culture.
Board Member
2022
Halda builds website visitors' attention and engagement through individualized content experiences.
Board Member
2021
Board Member
2021
EdSights helps universities engage and retain their students.
Raised $8,070,000.00 from Lakehouse Ventures, Good Friends, Album VC, Dan Rosensweig and Deborah Quazzo.
Board Member
2019
Attract skilled talent. Train job-ready candidates. Discover new pathways for career success. https://www.transfrvr.com/
Transfr founded on the belief that learning is about enhancing the human experience.
Raised $87,000,000.00 from JP Morgan Chase, Akkadian Ventures, Spring Tide Capital, ABS Capital Partners, Album VC, Firework Ventures and Lumos Capital Group.
Board Member
2017
Featuring live streams, replays, and highlights of top amateur sporting events
Board Observer
2019
Board Member
2014 - 2019
Talk isn’t cheap. Not with 89% of customers looking at reviews before they buy, leaving feedback up to chance doesn’t work. Podium lets your customers easily post reviews on Google, Yelp, and more with the most straightforward, advanced review generation platform out there.
Investor
2022
Board Observer
2020
Podium partners with universities to accelerate student ROI by delivering online courses focused on in-demand skills. http://www.podiumeducation.com/
Board Member
2019
https://www.futurestitch.com/ Sustainable, responsible, advanced technology.
Education
Bachelor's
2001 - 2005
Investments
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