Chirag Patel has long known and demonstrated how innovation is vital for organizations to gain competitive advantage. Today, as leader of EY Foundry, a global corporate venturing group with offices in New York, Brazil, Sydney, and soon in the UK, Chirag has proven himself as a seasoned executive, venture investor, and entrepreneur.
At the EY Foundry, Chirag and his team are focused on acquiring, building, and investing in digital companies that will leverage novel business models and deliver new customer experiences across several industries including financial services, healthcare, legal, human resources and tax. The EY Foundry is also actively financing and developing emerging technologies such as blockchain, AI, data/analytics, and cryptocurrencies.
With an impressive track record for acquiring, funding, and growing startups, as well as transforming existing businesses into digital ones, Chirag is proud of his team and portfolio. Their successes include EY TaxChat™, which allows people to file their taxes via mobile phone, and EY Navigate™, a hybrid, digital-human financial wellness service that provides employees with an actionable path for managing their financial journey. The service recently won the distinguished HR Executive Product of the Year Award. Under Chirag’s leadership, the company also acquired Andy CAAT (now EY CAAT™), a tech start-up which develops tools to aid investors in cryptocurrency for their bookkeeping, accounting, and tax compliance needs.
While many corporate venturing groups are delivering innovation theatre, Chirag and his team at the Foundry are focused on delivering measurable outcomes.
As an innovator, established entrepreneur, and venture investor, Chirag was quick to identify the Internet’s transformative power for future organizations, launching Viant in 1996, which grew from a three-person operation to a multi-billion-dollar public entity within just four years.
In 2008, Chirag started Highnote Foundry. The venture capital and venture services firm focused on investing in technology startups that are re-defining the financial services, healthcare, media, and entertainment industries. His team of experienced entrepreneurs and corporate executives operate with a deep network of venture capitalists, entrepreneurs, and global 100 executives, to turn ideas in to multi-billion dollar businesses.
Earlier in his career, Chirag held positions as president and CEO and later, venture partner at the leading VC firm, Trident Capital. He also served as president and CEO for Diligent, a SaaS and analytics platform, and vice president and general manager of Viant, which provided Internet and digital strategy consulting services. At Merrill Lynch, he developed software technology for large corporations, and at Oracle, he built and launched expansive commercial software solutions and operated a consulting business.
Contact: LinkedIn: /chirag-patel-33425 |
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