Philadelphia-based MissionOG, a B2B high-growth venture firm, has named Ted Saunders as a senior adviser. Currently, Saunders is chairman and CEO of Community Choice Financial.
PHILADELPHIA (PRWEB) DECEMBER 13, 2018
MissionOG, a leading B2B high-growth investment firm, announced today that it has expanded its leadership team with the addition of Ted Saunders as a senior advisor. With the addition of Mr. Saunders, MissionOG further broadens its experience within the targeted investment segments of the firm — financial services and payments, data platforms, and software.
As a senior advisor, Mr. Saunders will offer deep domain knowledge, identify and evaluate investment opportunities, and work with existing and future portfolio companies to maximize outcomes. “Ted brings a wealth of operating expertise and a strong knowledge of the lending sector,” remarked MissionOG managing partner Gene Lockhart.
Mr. Saunders is currently the Chairman & CEO at Community Choice Financial, which was established in 2011 to offer a range of financial services to many unbanked and underbanked customers. Prior to Community Choice Financial, he was the CFO of Checksmart Financial. Before joining Checksmart, Mr. Saunders held various roles in the investment banking industry and worked extensively with companies engaged in non-depository financial services. He is a board director of Conn’s Inc., a specialty retailer and provider of consumer credit. In addition, Mr. Saunders was a board director of MissionOG portfolio company, FactorTrust, before it was acquired by TransUnion and a board director of Shipt, an internet-based delivery service, until their acquisition by Target.
“Having worked with MissionOG at FactorTrust, I saw firsthand how their partnership, dedication, and commitment helped their portfolio company succeed,” says Saunders. “Capital is a commodity, and being a partner who is vested and can genuinely aid in the success of the team and company is what sets MissionOG apart in a crowded field.”
With the addition of Mr. Saunders, MissionOG expands its team to support its growing portfolio of investments. MissionOG currently manages more than $100 million in assets and has backed 23 companies across three funds.
MissionOG partners with high-growth businesses that have proven models in segments where we have had success as operators and investors, including financial services and payments, data platforms, and software. We apply our experience and capabilities to a group of highly skilled and passionate entrepreneurs whose businesses are on the cusp of exponential growth. The firm is managed by operators and investors who have effectively built early to growth stage businesses and guided them through successful acquisitions. Headquartered in Philadelphia, for more information visit http://www.missionog.com.