JA

Jen Ard

Managing Director, Head of Investment Operations at Intel Capital

Salt Lake City Metropolitan Area

Invests in

Stages:

  • Min Investment:

    $1,000,000.00
  • Max Investment:

    $20,000,000.00
  • Target Investment:

    $5,000,000.00

Education

Work Experience

  • Managing Director, Head of Investment Operations

    2020

    • Manage all aspects of fund operations of Intel Capital • PR & Marketing: Oversee Intel Capital PR and Marketing activities including portfolio company funding announcements, social media strategy, and creation of collatoral • IT: Manage Intel Capital’s use of systems for fund reporting and tracking • Fund Management: Attend Investment Committee meetings and run fund portfolio quarterly portfolio review process • Communications: Own group communication and run Partner Meeting as well as quarterly group sync meeting and monthly investor meetings • Operations: Interface with portfolio development, events team, finance, and HR to manage fund operations • Investing: Invest in Silicon domain, including investments in environmental & sustainability companies • Current Boards: Serve as a board director at Fabric8Labs, MetaLenz and board observer at MemVerge

  • Investment Director

    2016 - 2020

    • Lead venture capital investments in start-up companies in Enterprise SaaS, Manufacturing, Memory, and Sports Tech Sectors; Research and present investment thesis in each space • Deal Sourcing: Source new deals thought relationships with VCs, industry experts, repeat entrepreneurs and Intel BUs; Screen deals to assess management team, technology, and ability to scale including preparing pro-forma cap tables and financial models, Present companies and investment thesis to Intel Capital Investment Committee • Deal Negotiations: Negotiate key deal terms, primarily with Intel Capital as deal lead, with company management including valuation, protective provisions, round sizing, co-investor participation, and option pool size • Company Building: Provide guidance and coaching to companies, assist in recruiting and replacing management teams, and maintain relationships with other board members to ensure alignment • Exit Management: Oversee exits, including sale of public shares and M&A; Managed through difficult exit situations with several existing portfolio companies to minimize Intel legal and financial exposure

  • Controller, Manufacturing & Wearables/New Technologies Sectors

    2011 - 2016

    As a member of multiple deal teams for the Manufacturing & Wearables/ New Technologies Sectors, Jen participated in multiple deals including new & follow-on venture capital investments (recaps and down rounds), bridge loans, PIPE transactions, secondary offerings, and convertible loans. She drove analysis on company financials, IRR, and cap tables and completed deal due diligence. She assisted with creating sector investment strategies and engaged with Business Units to ensure strategic alignment on deals

2004 - 2011

  • Senior Financial Analyst

    2004 - 2011

    As part of the Operations Finance Rotation program, Jennifer rotated through several Business Units and Finance functions supporting the operations of Intel. Within the New Business Initiatives Group at Intel, she participated in helping to find, develop, and grow new organic start-up companies within Intel.

2003 - 2003

  • MBA Summer Intern

    2003 - 2003