Scott Petersen
Managing Partner at RevRoad Capital
Provo, Utah
Overview
Work Experience
Co-Founder and Managing Director
2022 - Current
Stalwart Ventures is a seed-stage venture fund designed to scale founders faster and help them drive more value for customers, employees, and investors. We combine our deep operational experience with a commitment to keeping our promises to help founders allocate capital, build high-performing teams, prevent premature scaling, and enlist the help of others to scale their businesses. We’re not just passive investors; we actively participate in the startup journey, matching our capital with expertise. Founders drive. We help navigate.
Board Member, Partner, and Former Executive Chairman
2006
Benefit Communication Insourcing is a work-site marketing company that assists large corporations and hospitals in HR related insurance benefits to employees. BCI is the largest voluntary benefits company in the U.S. with a very unique delivery system that has revolutionized the industry.
Benefit Communication Insourcing provides personalized communication, employee benefits as well as administrative services for firms.
Investor/Managing Director
2020 - 2022
RevRoad is a venture services firm that helps portfolio companies grow with a team and essential services for up to 2 years.
Raised $15,000,000.00.
Founder and Former Chairman and CEO
2013 - 2021
Omadi is a venture backed SaaS software mobile platform that serves the highly fragmented Towing and Field Services Industries and the enterprise customers that support the Insurance industry.
Omadi provides the an all-in-one web-based towing & security management system.
Raised $5,700,000.00 from Cobre Capital, Pelion Venture Partners, Kickstart, Service Provider Capital and Album VC.
Executive Director
2010 - 2020
The Rollins Center for Entrepreneurship & Technology at BYU is one of the top entrepreneurship programs in the world. Under Scott's leadership the program was ranked in the top five of all university programs each of the 10 years he served as its executive director.
Board Member
1999 - 2020
Mentors International is a private foundation that provides micro-lending in many developing countries. They are unique in that they provide business training in ethics and entrepreneurial skills to better enable their clients to build successful enterprises.
Founder & Former Chairman and CEO
2000 - 2012
APU Solutions is the technology leader for the insurance, collision-repair and alternative parts-supply industries. APU's web-based network provides nationwide parts availability, quality, pricing and procurement, plus tools to track and manage Alternative Parts Utilization. Real-time access to inventories, combined with their support teams, makes APU Solutions the clear choice to boost Alternative Parts Utilization. APU was acquired by Audatex, a Solera Company, in October 2012.
Chairman
2008 - 2010
The Founders Organization supports the Rollins Center for Entrepreneurship and Technology (CET) in the Marriott School of Management at Brigham Young University. They are a group of successful entrepreneurs who in addition to financial and student mentoring support, assist in teaching and managing entrepreneurial programs and competitions, The organization is comprised of more than 200 Founders from all over the globe.
CEO
2002 - 2009
Best Vinyl grew from $1.3M in 2001 to $35M in 2008. The founders sold the firm to a private equity group in March 2007; Petersen resigned in February 2009 to become Executive Chairman of Benefit Communication Insourcing. Best Vinyl is the largest installer of vinyl fence, decks, pergolas (patio covers), and porch/deck railing in the nation.
President
1988 - 1998
Life & Safety Products, Inc. was an OEM Manufacturer/Wholesaler of occupational health and safety products sold through protected contract distribution territories and our own company operated locations. Founded by David L. Hoggan, Petersen joined as a partner in the fledgling company in 1988. The company was sold to Cintas, the Uniform People, in Sept. 1997. Petersen remained with the company through Sept. 1998.
Education
none
1994 - 1995