Steve Reale
Partner & CFO at Ulu Ventures
San Francisco, California
Overview
Work Experience
Partner & CFO
2019 - Current
Partner & CFO at Ulu Ventures, a seed stage venture firm focused primarily on enterprise IT. At Ulu, we focus on the market opportunity created by the Stanford and Silicon Valley communities and seek to generate great financial results using a disciplined, repeatable decision making process that analyzes risk-reward trade-offs. We also follow logical principles of portfolio construction. This approach makes us conventional in the world of institutional investors but contrarian as compared to other VCs. We believe entrepreneurship is the best tool set for solving the world’s toughest problems. As a result, we strive to learn about our entrepreneurs on a human level, to celebrate who they are and support them in being authentic to their visions. Diversity is not an altruistic goal for Ulu, it’s our investment thesis. We fund diverse entrepreneurs with outstanding ideas. Founders with diverse professional backgrounds and life experiences are better at problem solving and create better business opportunities.
Ulu Ventures primarily operates as a seed-stage venture fund.
Board Member
2022
Cerebro Capital is an online platform to source and manage corporate credit facilities.
Raised $11,869,100.00 from TEDCO.
Board Member
2022
Board Member
2022
Watson's makes rent rewarding. We enable multifamily landlords to offer their residents a cash back rewards and loyalty program.
Raised $80,000.00 from TMV, Ulu Ventures and FJ Labs.
Board Member
2022
Board Member
2022
AVATOUR is the remote collaboration platform for on-site meetings.
Raised $2,900,000.00 from 500 Global and Ulu Ventures.
Board Member
2021
Dwellsy is the largest residential rental listing marketplace in the U.S.
Raised $11,500,000.00 from BCG Angels, Gaingels, Blackhorn Ventures, NJP Ventures, University of Chicago, Frontiers Capital, Heroic Ventures, Ulu Ventures and Michael Chow.
Co-Founder & Partner
2013
A private equity fund targeting investments in growing mid-market businesses in technology, consumer products, and financial vendor markets.
Investor
2015
Aria Systems offers a cloud-based monetization platform for subscription and usage-based businesses.
Raised $40,000,000.00 from Tugboat Ventures, Venrock, Bain Capital, InterWest Partners, VMware and Hummer Winblad Venture Partners.
Interim CFO
2018 - 2019
Education
Bachelor of Arts
1990 - 1994