Seattle, WA and San Francisco, CA (PRWEB) March 07, 2013
Maveron LLC (http://www.maveron.com), a venture capital firm that exclusively invests in consumer companies, today announced that Kristen Hamilton has joined the firm as an Entrepreneur in Residence (EIR). Hamilton has over 20 years experience as a founder, technology executive and strategic advisor to startups. Based in Maveron’s Seattle office, Hamilton will help identify and support new emerging for-profit education investments, offering hands-on guidance to entrepreneurs on their journey to disrupt the education industry, displace status quo incumbents and grow their companies into market leading consumer businesses.
“Kristen has a rare combination of consumer Internet, education and operating expertise, along with experience starting and scaling companies,” said Jason Stoffer, partner at Maveron. “Her operational experience and extensive network of resources as both a founder and advisor will be highly valuable to the CEOs of Maveron’s portfolio companies. We look forward to working closely with Kristen to identify and nurture new consumer businesses in the education space – especially as learning transitions from a traditional classroom to a more self-driven, technology-centric environment.”
From Capella University to recent investments in General Assembly and Altius Education, Maveron has a strong track record of investing in disruptive consumer-facing education businesses and a deep network of executives and angel investors who help understand underlying trends and unearth new opportunities in the education sector. As technology continues to change the paradigm of a single teacher acting as a “sage on the stage” towards integrated technology-enabled products and services that foster learning both inside and outside the classroom, Maveron will invest early and often in disruptive consumer education businesses.
“The $2.5 trillion education market bears the weighty responsibility of educating workers to succeed in today’s global knowledge economy and Maveron is one of the few firms with expertise in scalable for-profit education -- a massive segment whose time has come for disruptive innovation,” Hamilton said. “The Maveron partners really understand how critical it is to offer hands-on operational guidance to CEOs whenever needed to accelerate their company’s growth, and as an entrepreneur, I look forward to working with the CEOs and their teams as they build transformative businesses with enduring brands."
Hamilton is a successful entrepreneur. In 1997, she co-founded Onvia, the first online retailer for small businesses that went public in 2000 and remains a profitable publicly-listed business. While at Onvia, she built the company from zero to 500 employees, raised over $300 million of investment capital, and defined the company’s strategic direction. She also led the M&A team to acquire and integrate four private companies in two years, and negotiated relationships with strategic partners including AOL, Visa, and Bloomberg, as well as 45 business associations, including 26 Chambers of Commerce.
Hamilton has served as a startup advisor to CEOs at companies such as Altius Education, Livemocha, Remind101, and Knowmia developing business expansion, corporate development, international, and partnership strategies. Previously, she served in senior roles at Microsoft, including global director educator strategy and marketing, and senior product planner, media devices. She honed her expertise in the digital education sector as chief operating officer of World Learning, a global non-profit education and development organization operating in over 60 countries.
Hamilton started her career as a director of MSI Consulting, where she created and implemented go-to-market and distribution channel strategies for technology clients including IBM, Microsoft, Digital, Compaq, Cisco and Oracle. She holds an Honors BA in business from The Ivey School of Business at The University of Western Ontario.
Maveron is a venture capital firm that exclusively invests in consumer companies. Founded in 1998 by Dan Levitan and Howard Schultz, the firm has offices in Seattle and San Francisco. Representative Maveron investments include Altius Education, eBay, Capella Education, General Assembly, Julep, Shutterfly, Trupanion and zulily. For more information about Maveron, visit http://www.maveron.com or follow on Twitter @maveron.