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Derek Weber
VC - Investment Banker - Market Maker
Derek Weber is a seasoned professional with over 20 years of experience in corporate development, portfolio management, investment banking, and family office management.
He has a diverse background having worked with renowned companies such as General Electric, The Carlyle Group, Saxon Weber Group, and Hall Venture Partners.
Derek's expertise spans across software companies, where he gained valuable insights into leading startups and managing a diverse portfolio of businesses.
At The Carlyle Group, a global alternative asset manager, Derek managed businesses within a significant portfolio of software, products, and services.
His tenure at General Electric equipped him with essential skills in P&L management and corporate development at the highest levels.
In 2013, Derek co-founded Saxon Weber Group, an investment bank and co-investment platform focusing on secondary transactions in the private investment and capital space.
He later joined Hall Venture Partners as a Managing Partner, overseeing a team of over 300 employees across 20 companies.
Derek's educational background includes an MBA from the State University of New York at Albany, advanced courses from General Electric's Crotonville, and studies in finance, economics, marketing, and political science from reputable institutions like the University of Pennsylvania and Penn State.
He has held key positions such as Managing Partner at Saxon Weber, Board Member at a Stealth Mode Startup Company, Family Office Executive at Hall Labs, Trade Delegate at the U.S. Department of Commerce, and Corporate Development and Portfolio Manager roles at GE Oil & Gas and The Carlyle Group, respectively.
Highlights
Placer.ai, a startup in AI market research using location data, has raised $75M, bringing its valuation to $1.45B. This follows a previous $100M Series C at a $1B valuation.
Key Highlights:
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Key Investors: GEM Realty Capital, Josh Buckley, WndrCo, Lachy Groom, MMC Ventures, Fifth Wall Ventures, and more.
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Revenue Growth: Crossed $100M annual revenue run rate, with an 80% growth last year.
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Customer Base: Over 4,300, including Sony, Wegmans, and Century 21.
Placer.ai uses location-based analytics across retail, real estate, financial services, and other sectors. The latest investment will be used for business development and platform enhancements.
For the latest secondary coverage and trading SaxonWeber | ShareWell
#secondaries #saxonweber
Fast-growing payroll provider Deel has acquired London-based Hofy in a deal worth over $100M, marking its third acquisition this year after Zavvy and PaySpace by Deel.
With a valuation over $12B and $630M raised from investors, Deel is integrating Hofy to support the launch of Deel IT, expanding their HR solutions.
This acquisition adds Hofy's 700+ customer base, including Forbes, GoDaddy, HelloFresh, and Canva, to Deel's portfolio. Deel has achieved $500M in annual recurring revenue with 4,000 employees and 35,000 customers.
For the latest secondary coverage and trading SaxonWeber | ShareWell
#secondaries #saxonweber
