JD

Jelmer De Jong

Partner @ RTP Global

London, England

Work Experience

2021

  • Partner & CTO (Intelligence, AI & Data)

    2021

    At RTP (a global early-stage investor with $1bn self-funded fund), I use tech and data to find the very best founders and startups. I like to invest in Enterprise Software, Cyber (Security, Intelligence, Defense/Offense), Dev & Cloud, Global Resilience, Critical Infrastructure, and Fintech Infrastructure. In other words, anything that is or can be big on GitHub and any startup going after a line item on the price list of IBM, Oracle, SAP, etc. I invest in early-stage companies: specifically, seed and Series A.

2019 - 2021

  • Partner & Data Lead

    2019 - 2021

    After almost 10 years at Backbase, I wanted to try something different, but I had no idea what, so I joined a venture capital firm (henQ, a small 80m fund investing in seed & series A B2B SaaS companies). Why? As a VC, you have the opportunity to meet many different founders who are creating different products in different markets. But all with the same goal: to make it a great success. However, what stood out to me (coming in with a romantic picture of what VC would be) was how, even though VCs win big by investing in technology companies, the use of technology is still very much underutilized by most VC firms. Technology and the proper use of the massive amounts of available data can give every company a significant advantage, especially those in venture capital. I started exploring data-driven venture capital and made it my main focus when switching firms, and joined RTP in 2021.

2010 - 2019

  • Product & Marketing (and everything else that needs to be done)

    2010 - 2019

    The second startup I joined was Backbase, and that journey was way more successful. I've seen a unicorn being created from the inside out: I joined Backbase at 40 employees and spent almost 10 years there, doing everything that was needed to be done (product, marketing, GTM, international expansion, sales, and engineering), I've lead the company through 2 pivots until we found our sweet spot in building digital banking software (bringing the internet, and the power of digital to a traditional slow to adopt industry: financial services), and that pivot enabled us to cross the chasm (1,200 employees when I left, 2,000+ right now, $4bn valuation, 100+ banks using the product in production). This gave me broad experience in different functional areas, a big appreciation for and masterclass in enterprise sales and building enterprise software, and I also got to see what type of person it takes to truly be a unicorn founder.

2007 - 2010

  • Tech & Product

    2007 - 2010

    Through my agency, I met many other founders, enabling me to work with multiple startups on the beta versions of their product and their launches. After a while, I joined my first startup full-time: eFresh.com, a trading platform for the perishable industry, with the noble ambition to give farmers and producers a fair price for their work by cutting out the middle man and going 'direct' to the supermarkets. With that: bringing the internet and the power of digital to a traditional, family-run, offline business. This is a market that large buyers and auction houses dominate. This startup experience brought everything: rapid growth, raised money from one of the largest Dutch banks, the mandatory Techcrunch article (this was still cool in 2009), and the inevitable bankruptcy that followed.

2003 - 2007

  • Founder

    2003 - 2007

    During high school, I started building my first websites for myself and my family and quickly discovered I could earn money by doing this. My first paid-for (cash sent via the post) project was a website for the show dogs of a proud owner, and it made me think: this is what I want to do: sit behind my computer and earn money with my hobby. This first paid project resulted in my web agency creating websites and e-commerce stores, and later, the first mobile apps. I worked with offline retailers on their first digital experiences and helped up-and-coming tech startups with the initial version of their products.