Chuck Stonecipher, Managing Director, is a member of Trilogy’s investing team. Prior to joining Trilogy, Chuck served in various executive capacities, including President and COO, with Advanced Digital Information Corporation (NASDAQ: ADIC) from 1995 to 2006, when it was sold to Quantum (NYSE: QTM). During his tenure, ADIC grew from less than $20MM to over $400MM in annual revenues. Prior to ADIC, Chuck served as Chief Financial Officer of Interpoint Corporation and as a manager and consultant with Bain and Company in San Francisco. He began his career as a design engineer with Boeing Aerospace and then Korry Electronics.
Chuck holds BS, Phi Beta Kappa, and MS degrees in Mechanical Engineering from Stanford University and an MBA from Harvard Business School. He is part of a five-generation wheat farming family from Walla Walla, WA.
We have a very high level of trust with each other. We’ve known each other for decades. I think that trust infuses how we work together, and with entrepreneurs. Long-term relationships matter. We are all rowing together and have been doing so for a long time, with relationships that transcend businesses.
As former operators ourselves, we like working hand-in-hand with teams, rolling up our sleeves and helping move a business forward. Most of us here have been in the entrepreneur’s shoes and have significant empathy for the challenges she faces on a daily basis. We maintain humility about how hard it is to build a business, because we’ve been there, and we think we can help others do the same.
Carbitex is bringing to market a unique, flexible carbon fiber composite technology, initially focusing on the performance footwear market. The company currently has three platform technologies: CX6, AFX, and DFX. CX6 is truly flexible carbon fiber and serves as a replacement for leather and technical fabrics. AFX is the company’s asymmetrically flexible fabric that flexes in some directions but not in others. DFX offers dynamic flexibility so that the material changes stiffness as it flexes.
Cash makes cashless payments easy by providing a P2P and P2M platform that allows the user to make secure and seamless transactions without need for a credit or debt card.
Fresh Chalk provides a faster and more efficient way to find everything from doctors to plumbers to landscapers to photographers. The platform allows users to share and search through service providers recommended by their friends.
Derek Edwards and Mark Sten founded Globys to help telecom service providers deliver a digital billing experience for their most valuable business customers. Today, the Globys’ suite of products enables business customers of all sizes to self-serve and securely transact with their telecommunications providers.
Adam Lieb has been building gaming communities since he was 11 years old. He founded Innervate to help game publishers build relationships with their players via robust online communities and a custom-built marketing toolkit.
MITS is a BI company whose software has been instrumental in unlocking information buried in wholesale distributors and manufacturer’s information systems, enabling them to solve problems and find opportunities with simple, user-friendly software.
Pluto is a spatial communications service whose singular mission is to create a more personally connected world, uninhibited by physical boundaries. With Pluto, you’ll be able to communicate, collaborate, and connect with anyone anywhere, as if you were together in person. With a strong background in gaming, the founding team of Forest Gibson, Jared Cheshier, John Vechey, Jonathan Geibel are driving communication and connection for future generations. We invested in Pluto based on their transcendent vision for a new communication platform based on emerging VR and AR technologies.
PushSpring is one of the largest independent mobile app-based audience data platforms, providing data, tools, analytics, and intelligence to mobile app publishers and advertisers. We invested in PushSpring as advertising spend began its dramatic shift towards programmatic and mobile. Karl and Steve intrigued us with their vision of democratizing access to mobile marketing by combining best-in-class audience data, self-service tools, and comprehensive integrations across the advertising ecosystem. PushSpring’s Audience Marketplace now offers marketers access to 20 data providers and the ability to seamlessly create and activate audiences.
Jacqui Boland started Red Tricycle with a mission to help every parent feel like a rock star by inspiring them with fun family-friendly activities. Red Tricycle is nationally recognized media brand whose editors deliver trusted, curated content that help families have fun every single day.
Matt Oppenheimer created Remitly to help the millions of immigrants around the world who make the huge sacrifice of leaving their families behind to live and work in another country. These unsung heroes deliver on their promises to take care of those they love and provide them with upward mobility, improving their quality of life. Remitly is based in Seattle, WA. We first invested in Remitly in 2012, leading their Seed round just as the company was lighting up their first remittances corridor. We were impressed with Matt and Josh’s vision to disrupt a very large global market with a customer-first, mobile-first solution, combined with their early demonstration of an ability to execute against that vision despite significant entry barriers. Remitly has raised over $150M and provides immigrants with a best-in-class remittances experience across over 300 corridors at a rate of over $5B in remittances annually.
Founded by Sandi Lin and Jason Stewart, Skilljar is the leading customer training platform for companies to accelerate product adoption and increase customer retention. Their mission is to empower Customer Training and Enablement teams to successfully onboard, engage and retain customers. At our first meeting, Sandi’s commitment and deep understanding of her business and her customers left a lasting impression on our team. Since leading the company’s Seed round, we have continued to be impressed by the team’s ability to scale and grow a meaningful business in a space that is ripe for innovation and disruption.