Jesse Devitte Overview
- Firm
- Building Venture...
- 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
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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »