Manage episode 268542259 series 2478575
Tom Wallace co-founded his first company at the age of 23. He has been involved in starting, growing and building businesses ever since. He has also been an active tech angel investor for the past 25 years.
Prior to joining Florida Funders where he is now the manager partner, Tom served as CEO of Vector Solutions, a SaaS company. In 2016 Vector Solutions was purchased by Providence Equity Partners, a $40 billion private equity firm. That transaction yielded a 50x return on his investment.
In addition, Tom has had multiple exits including The Waldec Group, a network integration company that sold to Alco Standard Corp., a Fortune 500 company, and became part of Alco’s IKON Technology Services Division.
Tom has been active in the Florida technology community for the past 25 years. He was one of the original founders of the Tampa Bay Technology Forum in 2001 and served as it’s CEO for the first three years. He frequently speaks at technology conferences as a subject matter expert on entrepreneurship and raising capital. Over the course of his career he has raised well over $100M in investment capital for his various companies from venture capital and private equity firms. Tom often serves as a judge for business pitch competitions as well as judging the E&Y “Entrepreneur of the Year” award. He’s also been a finalist for this award twice himself.
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