"The team from MVM helped me transform Academy123 from a nascent technology to a well-funded, significant business in 9 months."
Andy Wilson - Managing Director
Andy has a strong track record as a senior executive in early stage companies and brings particular expertise in product development and operations. Prior to founding Momentum Venture Management, he served as Senior Vice President of Global Product Management & General Manager of New Ventures at Overture Services, a Pasadena-based advertising services and marketing company that was acquired by Yahoo! for $1.7 billion. Previously he was President & COO of RiverOne, a high-tech supply chain ASP, where he raised more than $50 million of VC investment, built the management team and grew the organization to more than 150 employees. He spent three years at Bowne & Company (DESI), where he led the Western U.S. region from start-up to $50 million in sales/600 people and was promoted to Senior Vice President Strategic Operations and Chief Information Officer (CIO) for the entire multi-hundred million dollar business unit. Andy holds an engineering degree with honors from Dartmouth College and received his MBA with a concentration in operations and technology management from Harvard Business School.
While with MVM, Andy spearheaded the raising of Momentum’s bridge fund and has led various portfolio companies through the business planning and capital raising process:
- As vice chairman of HostedSupport.com, Andy helped reconstitute the core business proposition and go-to-market strategy. He was the lead on securing $3mm of institutional capital, and personally sourced and hired most of the senior management team.
- Once again, in the vice chairman role Andy worked with the nQueue team to establish and articulate the company's business opportunity through a structured business planning process. He assembled a $1.5mm angel Series A financing in 2004 and then another $1.5mm B round in 2005. He continues to be very hands-on in the leadership of the company.
- Andy joined Blue Lava Group as the vice chairman in 2004. He secured a well respected venture capital firm to lead the $2mm Series A round and recently identified and secured a world-class advisory board that also contributed more than a half million dollars of additional investment capital.
- Andy is currently the CEO for Digital Performance and is leading the transformation of the company from primarily data services to advertising/lead generation . Using the business plan and the positive trends of the business, Andy and the founder secured more than a half million dollars of critical growth capital and are closing in an institutional Series A round.
Andy currently services on the following boards: nQueue (vice chairman), Blue Lava (vice chairman) and DPI (CEO).