Herb Siegel
Venture Capitalist
Scottsdale, Arizona
Overview
Work Experience
Executive Advisor & Angel Investor
2019 - Current
Schola develops a school matching platform designed to help families find and enroll in the ideal PreK-12 schools.
Raised $14,375,000.00 from Channel Equity Partners, EduLab Capital Partners, Stout Street Capital, Revolution’s Rise of the Rest Seed Fund, Portfolia, Forward Venture Capital, Arizona Venture Development Corp and Portfolia.
Angel Investor
2021
Sweater is a fintech company building the first fully-managed venture capital fund that is open to everyday investors.
Raised $14,300,000.00 from Kickstart, Eli Broverman, Nick Perez, Litquidity Capital, Monsen Ventures, Aaron Wolko, Bison Venture Partners, Nate O'Brien, Jeff Cruttenden and Spacestation Investments.
Advisor
2019
At Kingfish, they believe that successful private equity investing requires a combination of deep industry insight, operating experience
Advisor
2014
Subject matter expertise to Private Equity and Venture Capital Firms, Consulting Firms and Asset Management Firms in the areas of background screening and risk mitigation as it relates to the sale of these technologies. Projects include industry overviews to help clients rapidly learn the dynamics of an industry outside of their core expertise; due diligence assistance in support of Corporate Development and M&A activity; market research to identify market opportunities and gauge potential for new products; and investment evaluations to understand market dynamics across the industry.
Guidepoint is a leading expert network which connects business decision-makers and researchers with independent subject matter experts
Advisor
2015 - 2022
US-China Partners is a consulting firm that offers global consumer demography, strategy management, training, and professional services.
Executive Advisor
2018 - 2021
Riskkarma is a solution applying algorithms to company's existing HR and Risk data.
Advisor
2017 - 2021
Angel Investor
2018 - 2020
Canyon Angels is a Phoenix-based, 501(c)6, member-led angel group
General Manager and Vice President of Sales for the Americas
2014 - 2015
Reporting directly to the President and CEO, Mr. Siegel, a member of the FalconStor Software executive team, provides leadership in the Americas for FalconStor with the responsibility of driving organic growth by acquiring new customers, providing professional services to existing and new customers and engaging with our network of partners in the US, Canada and Latin America.
FalconStor is modernizing backup and archival for today’s multi-cloud era.
Raised $6,328,000.00 from ROTH Capital Partners and Hale Capital.
Executive Vice President of Sales
2011 - 2014
Recruited by the President, CEO and Chairman of the Board and Operating Partner at Calera Capital (a private investment partnership which has $2.8 billion of capital under management) to provide sales leadership for Sterling Infosystems, the largest North American provider of employment and student screening services, background investigative services and occupational health services. Our clients range from top brands among the Fortune 500 to leading enterprises in many industries including Communications, Education, Financial Services, Gaming, Healthcare, Manufacturing, NSA/Aviation, Retail, Staffing, Technology, Transportation and Utilities. Mr. Siegel, who reported directly to the company CEO, was a member of the Sterling Infosystems US Executive Committee, Client Advisory Board Committee and acted as Co-chairman of the Marketing and Technology Committees. Siegel, an expert in the field of background screening and risk mitigation, focused on driving organic growth by acquiring new customers as well as overseeing Sales Operations and Marketing in the US, Canada and Europe. Since joining Sterling Siegel has spearheaded the post acquisition integration of four sales teams of acquired background screening companies. He and the inside sales team he built are credited with Sterling being recognized by Crain's as one of the 50 Fastest Growing Companies (published June 2012 in Crain's New York). Few companies in New York—or anywhere else, for that matter—are growing as fast as Sterling Infosystems Inc. Its revenue has rocketed to nearly $250 million from just $7.5 million in 2001, for a compounded annual growth rate of 34% (published June 2013 in Crain's New York). In September 2021 Sterling became a public company (NASDAQ: STER).