PN

Paul Nolde

Early-Stage Venture Investing II Venture Acceleration

Richmond, Virginia

Invests in

Stages:

  • Min Investment:

    $100,000.00
  • Max Investment:

    $5,000,000.00
  • Target Investment:

    $1,500,000.00

Work Experience

2023

  • Managing Director

    2023

    757 Collab harnesses the power of 757 Angels powered by Venture South, 757 Accelerate and 757 Startup Studios providing capital, programs, and place to entrepreneurs in all stages of development. 757 Collab is located at the 757 Startup Studios within Assembly, an iconic campus for makers and creators in the heart of downtown Norfolk, VA, and is a vertically integrated community that together provides incubation, acceleration, and investment —a complete model for achieving success for the region’s entrepreneurial and startup ecosystem. 757 Accelerate is a non-profit startup accelerator program. Its mission is to provide startups with the customized resources, capital, and mentorship they need to grow. Through a highly selective, 10-week long program, 757 Accelerate boosts promising startups towards investor readiness using a local and national network of mentors, investors, service providers, office space, and a lean startup education. 757 Startup Studios is a non-profit incubator that acts as Hampton Roads’ innovation hub for growth-oriented startups focused on validating, developing, growing, and scaling their business efficiently. 757 Startup Studios’ programming and resources are tailored specifically for early-stage entrepreneurs. Unlike traditional co-working, 757 Startup Studios offers a six-month rent-free tenancy, removing an obstacle for early-stage companies. Providing unparalleled resources and amenities, the space is co-located with 757 Angels and 757 Accelerate and offers access to Assembly amenities. 757 Angels invests in early-stage, growth-oriented companies. To date, 757 Angels’ members have invested more than $100M across 50 companies and the network has been recognized as a Top 10 angel group in North America in 2019 and 2020, and a Top 3 in 2021. During the summer of 2023, 757 Angels formally partnered with VentureSouth to offer its members expanded deal flow across the Southeast and sidecar fund investment options.

2023

  • Market Director

    2023

    757 Angels was formed in 2015 and seeks to catalyze the regional and statewide economy by supporting investment in startups and early-stage companies. To date, 757 Angels’ members’ have invested more than $100M across 50 companies and has been recognized as a Top 10 angel group in North America in 2019 and 2020 and a Top 3 in 2021. In June 2023, 757 Angels formerly partnered with VentureSouth. The partnership provides Virginia entrepreneurs with increased access to capital and investors with increased benefits, including diversification, deal flow, professional diligence, and member networking. With the addition of 757 Angels, the VentureSouth network will expand to its 20th Southeastern market, bringing the resources of a professionally led early-stage venture capital firm to local Hampton Roads investors. VentureSouth, with more than 450 members and more than $70M invested in nearly 100 early-stage companies, has also been consistently recognized by the ACA as one of the top 10 groups in North America.

  • Adjunct Professor

    2018

    Impact Investing (LPPS 4730)

2022 - 2023

  • Executive Managing Director

    2022 - 2023

    Lighthouse Labs, based in Richmond, VA, accelerates venture-appropriate startups seeking to raise a pre-seed/seed-stage funding round in the next 6-12 months. We are largely industry agnostic (but do have a healthcare vertical), and run two cohorts per year in the Fall and Spring. We take no equity in the companies, and have built our 10-year old brand on bespoke mentorship and access to a large syndicate of angel and fund investors.

2020 - 2023

  • Fund Manager/Managing Director, Investment Committee Chair

    2020 - 2023

    Riverflow Growth Fund focuses on seed-stage startups with advanced technology platforms disrupting entrenched, multi-billion dollar industries. There is a bias for companies headquartered in, or willing to relocate to, the DMV region (DC/Maryland/Virginia), with broader consideration throughout the Mid-Atlantic.

2014 - 2019

  • Director

    2014 - 2019

    NRV is a $33M venture capital firm that provides counsel, connections, and capital to the most promising early stage companies in the areas of health and wellness and democratizing tech, with a bias toward the Mid-Atlantic region.

  • Small Business Capital Strategist, AVP

    2011 - 2014

    Managed the design, implementation, and deployment of multiple small business financing/funding programs integral to the bank’s 3-year strategic plan, including angel fund formation in non-metro areas, venture debt, food desert alleviation, and the Commonwealth's first fresh food loan fund

2010 - 2012

  • Co-Founder/Director

    2010 - 2012

    PhiloSophia offered bespoke advisory and educational services for families of complex wealth built through privately-held companies, corporations and their executives, and universities' charitable foundations.

  • Managing Director

    2010 - 2011

    Walnut Grove Holdings is a family office with a portfolio of tech-enabled service companies that includes emerging growth market makers and seed-stage market disrupters.

2010 - 2010

  • Regional Banking Consultant

    2010 - 2010

    Partnered with Financial Advisors in firm’s Private Client Group in providing personal wealth management for select high net worth clients in Central VA, focusing on complex debt structuring/restructuring and short-term liquidity strategies; maintained market's #1 ranking in the country for lending services