ML

Miles Lasater

Founder, Builder and Investor - Purpose Built

New Haven, Connecticut

Work Experience

  • Founder & CEO

    2018

    Investors and builders for the long-term.

2021 - 2023

  • Podcast Host & Executive Producer

    2021 - 2023

    90+ episodes for ongoing podcast on High-Growth High-Values Ventures. Interviews with founders, thought leaders and investors. Listen in at: www.startupsforgood.com

2017 - 2020

  • Venture Partner

    2017 - 2020

    Venture Partner at F-Prime Capital Partners with focus on enterprise IT and fintech. Looking for great early stage companies & great teams for investment More about the firm: http://fprimecapital.com/about/.

2007 - 2019

  • Founder and Member Board of Directors

    2007 - 2019

    -Founder of software-as-a-service business for governments and citizens -Grew company from idea to ~30 employees and 200+ paying clients -Company acquired in 2019 -Created company name, go-to-market strategy and initial product vision -Developed pitch deck, built financial model and recruited team members -Personally raised much of ~$250,000 seed financing round -Pitched business onstage at WeMedia to win first place and $25,000 prize -Drafted original client and customer contracts and oversaw legal work during negotiation of initial contracts -Wrote minor parts of original alpha product code base -Involved in product direction and strategy -Created initial internal financial systems and point of contact for first financial audit

  • Co-Founder & COO

    2015 - 2016

    Co-founder and Chief Operations Officer. OneUni is a mobile-first education technology and services company that partners with top universities around the world to enable students to earn university degrees primarily using a smartphone.

  • Lecturer in the Practice of Entrepreneurship

    2014 - 2015

    Co-created and taught a course on managing software development. First of its kind at Yale's business school. The class is affiliated with the entrepreneurship center. More info at https://mgt656.som.yale.edu/

1999 - 2014

  • Founder former Chairman

    1999 - 2014

    -Founder and senior executive taking company from idea to $200mil+ revenue, 750+ employees and public listing on NYSE -Achieved ~50 to 100x financial return for seed investors to IPO -Directly involved in raising $16mil in venture capital and $75mil in private equity -Lead final negotiations, contract signing and integration for $20+mil acquisition of software company -Served as CIO/COO for many years with annual technology budget growing to $30mil+ -Leader of product management function for many years -Directly managed and later oversaw global software develop team that grew to 75+. Incorporator and lead executive on creating Indian subsidiary in Chennai with 30+ technical team -Conducted many executive searches including CEO, CIO, VP HR, VP Sales -Conceptualized and lead implementation of initial banking product IT infrastructure -Negotiation of multiple vendor contracts worth $10s of millions including a major vendor with 30% price reduction -Champion for internal culture which helped company win two national Great Place to Work Awards -Built service culture that contributed to 98+% client retention -Created in-house and from-home call center growing to 500+ agents supporting millions of annual service contacts

1999 - 2000

  • Invention Team

    1999 - 2000

    -Member of invention team in R&D division of Jay Walker’s idea factory and incubator. -Created new patentable inventions; researched and refined ideas. -Evaluated competitor’s patents and prior art for value and strength. -Worked on intellectual property for spin-off companies including: Priceline, Priceline Webhouse, and Retail DNA.