BC

Bennett Carroccio

Founder of Canal

San Francisco, California

Overview 

Bennett Carroccio is the CEO and Co-founder of Canal, a platform used by leading retailers to optimize sales. He has a background in venture capital with a notable role as an xVC at a16z, and has a strong track record in business development and entrepreneurship. Carroccio has successfully co-founded Canal and led the company to be recognized as a Marketplace 100 Founder, while also bringing his expertise in venture capital to a16z.

Work Experience 

  • Co-founder & CEO

    2021 - Current

    Canal is transforming the way products are sold online with our exclusive network and AI channel automation platform. We’re backed by the top AI and Commerce investors and are building a best-in-class team to solve a complex e-commerce challenge. We are a team of network- and AI-obsessed commerce crusaders on a mission to help retailers sell anything their shoppers want. If you’re interested in joining a dynamic team with amazing growth opportunities, please reach out or check out ShopCanal.com.

Canal is a distributed commerce platform that facilitates the retail or purchase of any product online.

Raised $27,000,000.00 from Coatue, Andreessen Horowitz, K5 Global, Gaingels, Sound Ventures and Forerunner.

  • Consumer Investment Partner

    2017 - 2021

    - Founded the a16z Marketplace 100 - Highest founder-rated Investment Partner at a16z (2020) - Notable deals include Navan (fka TripActions), Substack, Shef, Hipcamp, FlyHomes, Sleeper, Lunchclub, Incredible Health, Silo, Reface, and many more.

Andreessen Horowitz is a stage-agnostic venture capital firm with assets under management across multiple funds.

  • Business Development (acquired by King)

    2016 - 2017

    Acquired by King (the mobile gaming publisher behind Candy Crush). Backed by Jackson Square Ventures, Creandum, and Play Ventures.

Omniata enables the entire digital organization - Marketers, Product Managers and Data Scientists - to run their business based on data.

Raised $6,800,000.00 from Jackson Square Ventures and Creandum.

  • Business Development (acquired by LinkedIn)

    2015 - 2015

    Acquired by LinkedIn. Backed by Redpoint Ventures.

Heighten is a software as a service company that provides a platform for salespersons to operate faster.

Raised $7,360,556.00.

  • NUS Economic Sociology Master's Program

    2014 - 2014

    Focus of Study: Economic Development throughout ASEAN International Community

  • Fixed Income

    2013 - 2013

    Global Strategy, Municipal Debt, and MBS/ABS Desks

  • Finance and Macro Strategy

    2012 - 2013

    “Special Energy- and Finance-Related Projects”

  • Founder, CEO

    2011 - 2012

    Combating Alarming and Increasing Veteran Suicide Rates

Articles About Bennett

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