Noah Breslow
Partner at Bain Capital Ventures / Former Chairman & CEO at OnDeck (NYSE: ONDK)
New York, New York
Invests in
Sectors:
Locations:
Min Investment:
$250,000.00Max Investment:
$25,000,000.00Target Investment:
$3,000,000.00
Skills
Lists including Noah
Investments
Work Experience
2021
Partner
2022
Partner and Head of Platform at BCV. Bain Capital Ventures is a multi-stage VC firm investing across four core domains—fintech, application software, infrastructure, and commerce. Leveraging the unique resources of Bain Capital, we deploy targeted support at every stage of the company-building journey. For over 20 years, BCV has helped launch and commercialize more than 400 companies including Attentive, Bloomreach, Clari, Docusign, Flywire, LinkedIn, Moveworks, Rapid7, Redis, and Rubrik. BCV has $12B+ under management and offices in San Francisco, Palo Alto, New York, and Boston. You can follow us on Twitter @BainCapVC.
Operating Partner
2021 - 2021
Operator in Residence
2021 - 2021
2023
Board Member
2023
2022
Board Member
2022
Reserv is a digital-native TPA incubating next generation automation technology and AI focused on bringing speed, advanced data science, and simplicity to the experience of consumers, insurance adjusters, and carriers.
2021 - 2022
Board Observer
2021 - 2022
Formed in February 2021 through the merger of leading fintech companies ODX and Fundation, Linear FT is the leading digital account origination and insights platform serving the business banking market. In February 2022, Linear FT was successfully acquired by Amount. The merged company provides a full suite of account opening, loan origination, and BNPL solutions to financial institutions for both consumers and small businesses.
2007 - 2021
Chairman and Chief Executive Officer
2012 - 2021
Served as Chief Executive Officer and Chairman of the Board of OnDeck® (NYSE: ONDK), the nation’s leading online small business lender. OnDeck pioneered the use of data science and digital technology to make real-time lending decisions and deliver capital rapidly to small businesses online. Since making its first loan in 2007, OnDeck has provided nearly $14 billion in financing to over 100,000 small businesses in the United States, Canada and Australia. After being named CEO in 2012, I led OnDeck through hypergrowth ($25M to $250M in revenue in three years) and an IPO on the NYSE in late 2014. OnDeck became profitable in 2017, and 2019, OnDeck posted revenue of $445 million, net income of $28 million, and employed over 700 people. After 13 straight years of revenue growth, in 2020, COVID impacted OnDeck's business, and I led a strategic process which resulted in OnDeck's acquisition by Enova International (NYSE: ENVA), a leading online consumer lender. From October 2020 until April 2021, I served as the Vice Chairman of Enova, and OnDeck's business and brand will continue on as part of Enova going forward. As Vice Chairman, I oversaw a process to spin out OnDeck's ODX business and merge it with Fundation to form Linear Financial Technologies, which is now a standalone company providing digital account origination technology to financial institutions. OnDeck won numerous awards for our performance and our culture over the years, including being named to Forbes’ 100 Most Promising Companies in America (#11), BuiltIn Best Places to Work in NYC and Denver multiple times, and Selling Power's 50 Best Companies to Sell For - 8 years in a row! As a private company, OnDeck was financed by leading investors including Tiger Global, Google Ventures, Sapphire Ventures, RRE Ventures, Institutional Venture Partners, and Peter Thiel. OnDeck has offices in New York City, Denver, Arlington, Montreal, and Sydney.
Chief Operating Officer
2011 - 2012
Chief Product Officer
2009 - 2011
SVP, Products and Technology
2007 - 2009
Joined as OnDeck's first employee in June 2007 to oversee product and technology development for one of the first online lenders to small businesses.
2003 - 2007
VP, Marketing and Product
2003 - 2007
Responsible for product strategy, marketing, and sales operations for leading venture-backed supplier of wide area file services and network optimization solutions. Venture investors included Canaan Partners, RRE Ventures, JPMorgan, Chevron Technology Ventures, and Brocade Communications. Key member of management team that led the company from initial deployments to over 250 enterprise customers. In May 2006, Tacit Networks was acquired for $78 million by Packeteer, a publicly-traded provider of network optimization products.
2003 - 2006
Founder
2003 - 2006
Part-time side business where I coded, marketed, and provided customer support for mobile apps that tracked network activity and mobile phone minutes for enterprise customers and consumers.
1999 - 2000
VP, Engineering
1999 - 2000
Managed engineering team at a startup satellite broadband Internet Service Provider serving Western Europe. Backed by SES Astra, one of the leading satellite providers in Europe, who operated the Astra series of geostationary satellites. Led company to successful pre-commercial service trials in the United Kingdom and Spain. Left to attend business school.
1997 - 1999
Network Design Engineer
1997 - 1999
An incredible project that proved to be 25 years ahead of its time, backed by Microsoft founder Bill Gates and telecommunications pioneer Craig McCaw. Responsible for the architecture, design and detailed specification of the software and hardware that adapted the Internet to the Teledesic low-earth-orbit satellite data network. Led ground station design efforts with subcontractors Motorola and Boeing. Designed network protocol that resulted in a ten percent effective bandwidth increase. Awarded U.S. patent #6,493,342 for this work, which included a novel method to transmit data packets from one network over another network that has shifting topology and intermittent connectivity.
1996 - 1996
Software Engineer
1996 - 1996
Summer intern on the web server development team. Implemented major features including public-key encryption, digital certificate management, and Internet content filtering.