Founder & Managing Partner
Dan engel
Career Highlights
- Led Customer Acquisition at FastSpring, Google, Picasa, GoToMyPC/GoToMeeting
- Dan’s personal investment into his start-up, FastSpring, grew from $10,000 into $9 million
- Dan’s seed stage investment into Apeel Sciences has seen the company’s valuation grow from <$5 million into over $1 billion in six years
- Built a fintech SaaS company (FastSpring) that grew during the Great Recession at a compound growth rate of over 10% per month for over three years and had an annual churn rate of 1.3% across 3,000+ software clients.
- Utilizing only $30,000 in total lifetime funding, Dan built the software company FastSpring into the 13th fastest-growing company in North America for the years 2006-2010, leading to an acquisition by Accel-KKR in 2018 of over $100 million
- Dan was hired in 2004 to lead online customer acquisition at Google, where he acquired clients for AdWords and AdSense, Google’s primary revenue generating products
- Dan led revenue generation for both GoToMyPC/GoToMeeting and Picasa, software products that grew from inception into being major technology brands (Citrix’s GoToMeeting unit sold for $1.8 billion; Picasa was acquired by Google and became Google Photos)
- Dan was hired at 24 to be an Entrepreneur-in-Residence at Idealab, the leading tech incubator of the .com era, where his role was to build companies from inception through IPO