Early-stage investor Hyde Park Venture Partners announced it has hired Tim Kopp, formerly the CMO of email marketing company ExactTarget, as an advisor and venture partner. The firm said Kopp is already a direct investor in five of its portfolio companies. He serves on the boards of portfolio companies Ahalogy, G2Crowd and LevelEleven, is an advisor to portfolio company Tinderbox and is an executive-in-residence for Scale Venture Partners. Chicago-based Hyde Park, which focuses on tech companies in the Midwest, raised its inaugural fund in June 2013.
Photo of Tim Kopp courtesy of Hyde Park Venture Partners.
Former CMO of ExactTarget, Tim Kopp, Named New Advisor and Venture Partner of Hyde Park Venture Partners (HPVP)
CHICAGO, Sept 2, 2014 – Hyde Park Venture Partners (HPVP), an early stage venture capital firm that invests in technology companies across the Midwest, announced today that software marketing veteran Tim Kopp joined the firm as an advisor and venture partner. HPVP backs the most promising Midwestern technology companies raising their first round of institutional capital.
Kopp, an experienced marketer with a passion for advising high-growth SaaS companies, formerly served as the Chief Marketing Officer for ExactTarget where he led a global marketing team and helped grow the SaaS company through its 2012 IPO and its 2013 acquisition by Salesforce.com.
“Tim is a master marketer with a track record of success,” said Guy Turner, managing partner at HPVP. “He brings a level of intensity, innovation and focus to his work that consistently creates outstanding results, and is doggedly persistent at helping companies grow.”
Prior to ExactTarget, Kopp served as Chief Marketing Officer at Webtrends and previously held key leadership roles in digital marketing at Coca-Cola and Procter & Gamble where he pioneered the use of digital marketing to connect brands with their customers.
As Hyde Park Venture Partners’ newest advisor and venture partner, Kopp will source outstanding Midwest early-stage investment opportunities and work with HPVP’s portfolio companies. He joins Hyde Park Venture Partners existing team of highly experienced advisors including Sam Yagan (CEO of the Match Group and founder of OKCupid.com) and Gregg Kaplan (founder of RedBox).
“I’m thrilled to join the Hyde Park Venture Partners team and build upon our shared passion for guiding and accelerating growth of the Midwest’s most promising young technology companies,” said Kopp. “Together, we have an incredible opportunity to help these companies become the next breakout category leaders.”
Launched three years ago, HPVP partners with exceptional entrepreneurs to launch proven ideas into commercial scalability. HPVP provides strategic support and commercial connections to help startups get big fast. Among the firm’s 14 core investments, many are demonstrating massive (over 20 percent) monthly growth in key metrics, including Ahalogy, Farmlogs and Geofeedia. This growth is translating into large follow-on funding rounds, including ParkWhiz’s $10M Series B, InContext Solutions’ $12M Series B, and BaseCRM’s $15M Series B.
“We are always searching for outstanding talent to bring additional value to our portfolio companies and their teams,” said Ira Weiss a partner at Hyde Park Venture Partners. “With Tim on our team, our companies now have access to proven leadership in scaling marketing and sales organizations and developing and executing marketing strategies to fuel growth.”
Kopp is a direct investor in five Hyde Park Venture Partners portfolio companies, serves on the board of portfolio companies Ahalogy, G2Crowd and LevelEleven, and is an advisor to portfolio company Tinderbox.
“I count myself extremely fortunate that I have the chance to interact with Tim,” said Michael Wohlschlaeger, CEO of Ahalogy. “Tim is the smartest mind I have encountered on what it really takes to scale sales and marketing. He also truly understands the ‘mind of the entrepreneur’ and effectively tailors his feedback and advice for the most impact.”
In addition to actively investing in early-stage companies, Kopp serves as an Executive in Residence for Scale Venture Partners, and is also a board member of Monetate, a marketing technology company backed by First Round Capital and OpenView Venture Partners.
About Hyde Park Venture Partners:
Hyde Park Venture Partners (HPVP) is an early stage venture capital fund investing in new technology companies in the Midwest, with particular focus in Chicago. HPVP works in partnership with Hyde Park Angels and invests in technology-enabled business and consumer services companies raising their first or second round of institutional capital. For more information, visit HydeParkVP.com.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.