Jesse Devitte Overview

  • Primary Position
  • Co-Founder & Gen...

  • Primary Industry
  • Information Technology

  • Active Board Seats
  • 5

  • Med. Deal Size

  • Med. Valuation

Jesse Devitte General Information

Biography

Mr. Jesse Devitte serves as Co-Founder and General Partner at Building Ventures. He serves as Board Member at Extracker. He serves as Board Member at Skilit. He serves as Board Member at Assemble Systems and as a Board Observer at EnVerid. He is a Co-Founder and served as Managing Director at Borealis Ventures. He leverages his hands-on operating experience and software industry contacts to source and nurtures exceptional application software opportunities for Borealis. He currently is a Director on the boards of Borealis portfolio companies Envista, Handmark, Newform, and Vico, as well as an observer on the SpaceClaim board. He previously served as a Director on the boards of Borealis Fund I portfolio companies at Last Software and Scribe Software. Prior to co-founding Borealis Ventures, he served as an executive in two public application software companies. He helped grow Softdesk from a New Hampshire start-up to a multinational public company. Serving on the Board of Directors and in a variety of senior positions at Softdesk, he oversaw numerous acquisitions, a successful initial public offering, and the sale of the business in 1996 to Autodesk. While at Autodesk, he led the integration of the two companies and served on the Autodesk executive staff as the Vice President and General Manager of the Architecture, Engineering, and Construction Division. After Autodesk, he advised a number of early-stage companies (Beansprout Networks and ManagedOps.com) and co-founded Handmark (which later became a Borealis portfolio company). He serves on the New England Executive Board of TechNet, the Board of Directors of the New Hampshire Charitable Foundation as well as numerous other non-profit boards, and is a past Chair of the Software Association of New Hampshire and a past director of the New Hampshire High Technology Council. He graduated with Distinction from the Indiana University School of Public and Environmental Affairs.

Contact Information

Primary Position
Co-Founder & General Partner, Building Ventures
Education
Indiana University, BS (Bachelor of Science)
Gender
Male
Email
je
Address
  • 121 East Berkeley Street
  • Floor 2
  • Boston, MA 02118
  • United States

Jesse Devitte Positions (1)

Firm name Firm type Title Location Industry Since
Building Ventures Investor Co-Founder & General Partner Boston, MA Venture Capital

Jesse Devitte Board Seats (5)

Company Industry Ownership Status Financing Status Location Since
Clearstory Business/Productivity Software Privately Held (backing) Venture Capital-Backed Walnut Creek, CA
enVerid Other Commercial Products Privately Held (backing) Venture Capital-Backed Westwood, MA
Hypar Multimedia and Design Software Privately Held (backing) Venture Capital-Backed Culver City, CA
Join Business/Productivity Software Privately Held (backing) Venture Capital-Backed Oakland, CA
Skillit Human Capital Services Privately Held (backing) Venture Capital-Backed New York, NY

Jesse Devitte Lead Partner on Deals (25)

Jesse Devitte has been the lead partner on 25 deals. Their latest deal was with Parspec, a business/productivity software company. The deal was made for on 27-Feb-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
Parspec 27-Feb-2024 Seed Round Completed Business/Productivity Software San Mateo, CA
Aeroseal 20-Jul-2023 Completed Other Commercial Services Miamisburg, OH
Skillit 14-Jul-2023 Completed Human Capital Services New York, NY
Clearstory 27-Jun-2023 Completed Business/Productivity Software Walnut Creek, CA
Hypar 21-Jun-2023 Completed Multimedia and Design Software Culver City, CA
Join 21-Jun-2022 Completed Business/Productivity Software Oakland, CA
Clearstory 08-Jun-2022 Completed Business/Productivity Software Walnut Creek, CA
Built Robotics 07-Apr-2022 Completed Other Hardware San Francisco, CA
Aeroseal 04-Apr-2022 Later Stage VC Completed Other Commercial Services Miamisburg, OH
Mosaic (Construction and Engineering) 26-Aug-2021 Early Stage VC (Series B) Completed Construction and Engineering Phoenix, AZ

Jesse Devitte Network (149)

Board Members (44)

Name Company Representing Location From
Jim Baum Newforma Self Boston, MA
Ian Keough Hypar Hypar Culver City, CA
Newforma Battery Ventures Boston, MA
Clearstory Jackson Square Ventures Walnut Creek, CA
enVerid Self Westwood, MA

Portfolio Executives (97)

Name Company Role Deal date Location
Forest Flager Ph.D Parspec Co-Founder, Chief Executive Officer & Board Member 27-Feb-2024 San Mateo, CA
Shawn Harmon Parspec Vice President of Finance 27-Feb-2024 San Mateo, CA
Parspec Co-Founder, Chief Technology Officer & Board Member 27-Feb-2024 San Mateo, CA
Aeroseal Chief Marketing Officer 20-Jul-2023 Miamisburg, OH
Aeroseal Chief Financial Officer 20-Jul-2023 Miamisburg, OH

Fund Team Members (8)

Name Investor Fund Fund Location
Philip Ferneau JD Borealis Ventures Borealis Granite Fund Hanover, NH
Philip Ferneau JD Borealis Ventures Vox Health Fund Hanover, NH
Borealis Ventures Hanover, NH
Borealis Ventures Hanover, NH
Borealis Ventures Hanover, NH

Jesse Devitte Affiliated Funds (7)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
Borealis Granite Fund Borealis Ventures Venture - General Closed 2012
Vox Health Fund Borealis Ventures Venture - General Closed 2015
Borealis Ventures I Borealis Ventures Venture - General Closed 2002
Building Ventures Fund II Building Ventures Venture Capital - Early Stage Closed 2021
Built Environment Innovation Fund Borealis Ventures Venture - General Closed 2018

Jesse Devitte FAQs

  • Who is Jesse Devitte?

    Mr. Jesse Devitte serves as Co-Founder and General Partner at Building Ventures.

  • How much does Jesse Devitte typically invest?

    Jesse Devitte's median deal size is .

  • What is Jesse Devitte’s main position?

    Jesse Devitte’s primary position is Co-Founder & General Partner.

  • How many active board seats does Jesse Devitte hold?

    Jesse Devitte holds 5 board seats including Clearstory, enVerid, Hypar, Join, and Skillit.

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