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Richard Jacroux
CFO
Professional Background
Richard Jacroux has carved a distinctive niche within the financial landscape, particularly recognized for his robust expertise in public and private fundraising. With an impressive track record of being part of four Initial Public Offerings (IPOs) and one follow-on offering, he has successfully raised an astounding over $200 million. His extensive background in private fundraising includes three venture capital fundraisings across two companies and numerous contributions to private equity and angel investments. In addition to his fundraising prowess, Richard has played a critical role in the strategic growth of various organizations through his involvement in mergers and acquisitions. He has facilitated seven acquisitions and two company sales across four companies, showcasing his aptitude in identifying value and navigating complex financial transactions.
Richard's professional repertoire also includes significant teaching commitments, where he serves as a Lecturer at both the University of Washington and Seattle University. He has enriched the educational landscape by providing invaluable insights into finance and innovation. His dedication to mentorship is further emphasized through his role as a Pitching Coach at Northwest Entrepreneurs (NWE), where he helps aspiring entrepreneurs hone their pitching skills. Richard's collaborative spirit is exhibited through his former membership on the screening committee of the reputable Keiretsu Forum, where he contributed to various venture investment decisions.
Education and Achievements
Richard Jacroux's educational achievements form a solid foundation for his professional success. He began his journey at Sammamish High School, where he earned a Bachelor of Science in Business with a focus on Accounting. Richard then furthered his academic pursuits by obtaining a Bachelor of Science in Accounting from the University of Washington, attending the prestigious Michael G. Foster School of Business. His quest for knowledge did not stop there; Richard achieved his MBA in Marketing, Entrepreneurship, International Business, and Finance from the renowned Kellogg School of Management at Northwestern University. This diverse educational background equipped him with the knowledge and skills crucial for thriving in the fast-paced financial industry.
Achievements
In his distinguished career, Richard has held various key financial leadership positions, significantly impacting the companies he has served. He currently functions as the Chief Financial Officer (CFO) at iUNU, where his strategic oversight is integral to the company's growth and innovation. His prior experience as CFO at Buddy Platform, Ltd. and as a board member at Spiral Genetics underscores his capability to drive financial health and strategic direction.
Richard has also taken on critical roles in turnaround assignments, such as his tenure at Luminal Lighting (formerly Light Doctor LLC), emphasizing his ability to revitalize companies facing challenges. His experience extends further as he co-founded MobilEvolution, showcasing his entrepreneurial spirit and leadership. In addition to this, he has served in various capacities at organizations including Cole & Weber, Vertafore, and Wavelink, continually growing his expertise in finance and operations.
Throughout his career, Richard has cultivated an ethos centered around innovation and execution. He believes that the foundation of successful innovation requires a blend of creativity and effective execution. Richard is committed to fostering environments that encourage collaboration and meritocracy, where the best ideas can thrive regardless of their source. By embracing a philosophy that emphasizes accountability and transparency, he helps organizations maintain clarity in operations and fosters a culture of trust. His approach breaks down obstacles and creates a supportive atmosphere, enabling teams to focus on achieving their mission without unnecessary stress.
Richard's passion for inspiring innovation alongside his background in finance positions him uniquely in the industry. His expertise in crafting well-structured business operations and fundraising strategies, combined with his commitment to education and mentorship, reinforces his standing as a leader in his field.
