Eric Paley

Eric Paley

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Eric Paley is Massachusetts Secretary of the Executive Office of Economic Development. He was partner emeritus of Founder Collective, a venture capital firm based in Cambridge, and the co-founder and former CEO of Brontes Technologies, a dental technology company acquired by 3M in 2006.

Career

Monitor Group, Abstract Edge

Following his graduation from Dartmouth, Paley returned to New York, where he began his career as a strategy consultant for The Monitor Group. In 1999, with his brother and a cousin, he founded Abstract Edge Web Solutions, a web development company. Their clients included the Million Mom March, a rally in support of stricter gun control that took place on the National Mall on Mother's Day 2000. Abstract Edge developed the website, millionmommarch.com, which raised more than $100,000 for the organization.

Founder Collective

Following the sale of Brontes, Paley began investing in technology startups with Rosenbloom and Frankel. In 2008, with several part-time partners, they founded Founder Collective, a seed-stage venture capital fund with the mission of “being the most aligned fund for founders at the seed stage." Over the course of his career at Founder Collective he led investments in companies including Uber (NYSE:UBER); The Trade Desk (NASDAQ:TTD); Airtable, Formlabs, WHOOP and Cruise.

Personal life

Paley and his wife, Shirley Paley, an attorney, live in Lexington, Massachusetts. They met in 1998 as students at Dartmouth College. They have two children.

References

Text derived from https://en.wikipedia.org/w/index.php?oldid=1377476932 under CC BY-SA 4.0; modifications have been made.