Hemant Elhence

Hemant Elhence Email and Phone Number

General Partner @ 3Lines Venture Capital
Texas, United States
Hemant Elhence's Location
Flower Mound, Texas, United States, United States
Hemant Elhence's Contact Details
About Hemant Elhence

Experienced operator, builder, and thought leader on Saas platform or enterprise software product and related B2B services, including outsourced Agile product engineering. As founder and CEO of Synerzip, an Agile Software Product Development services company, successfully exited via Private Equity (PE) backed strategic acquirer. Helped drive successful post-merger integration and rebranding.Business value focused, metrics driven. Believer and follower of Agile values and principles.Has extensive experience in establishing product/market fit and scaling early stage tech companies.Has expertise in B2B customer acquisition and building scalable sales model, and sales management for tech products/services. Established track record of serving clients and building deep executive relationship based on trust and credibility.Demonstrated success in leading globally distributed tech teams with servant leadership style, and building positive team culture and values.Has depth and breadth of expertise in HealthTech/Digital Health industry.Earned BSEE from IIT Delhi, MSEE from Univ Of Massachusetts, MBA from The University Of Chicago Booth School of Business.Specialties: Executive management, Sales/Business Development, Business Strategy, Software Product Management and Product Development, Agile/Lean Startup Methodologies, Distributed/Offshore Agile Software Development (listen to this podcast on ProductMgmtTalk http://bit.ly/1l22WZf )

Hemant Elhence's Current Company Details
3Lines Venture Capital

3Lines Venture Capital

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General Partner
Texas, United States
Website:
3lines.vc
Employees:
11
Hemant Elhence Work Experience Details
  • 3Lines Venture Capital
    General Partner
    3Lines Venture Capital
    Texas, United States
  • Techgrit Inc
    Executive Chairman
    Techgrit Inc May 2024 - Present
    Dallas, Texas, Us
    TechGrit is a US+India-based software development services partner for innovative technology companies. We bring cutting-edge software expertise to co-develop/co-create innovative software products for our clients.
  • 3Lines Venture Capital
    General Partner
    3Lines Venture Capital Aug 2024 - Present
    Englewood, Colorado, Us
  • 3Lines Venture Capital
    Operating Partner
    3Lines Venture Capital Jan 2023 - Aug 2024
    Englewood, Colorado, Us
    3Lines is a venture capital firm specializing in disruptive technology companies driving Future of Work, Future of Enterprise, and Future of Industry.
  • Sentiero Ventures
    Venture Partner
    Sentiero Ventures Sep 2023 - Present
    Dallas, Tx, Us
  • Sentiero Ventures
    Advisor/Investor
    Sentiero Ventures Jan 2021 - Present
    Dallas, Tx, Us
    Sentiero provides capital and support to startups deploying AI-enabled SaaS to help companies make money, save money, or improve customer experiences. Sentiero invests in verticals including Business Services, Software, Marketing, Real Estate, Financial Services, Healthcare, and Entertainment. Its approach is designed to locate companies at the intersection of utility and capability. Types of AI that are of interest to the fund include: process automation, cognitive insights, cognitive engagement, and data collection.
  • Polsky Center At The University Of Chicago
    Mentor, Transform (A Data Science & Ai Accelerator)
    Polsky Center At The University Of Chicago Jun 2023 - Present
    Chicago, Illinois, Us
    TRANSFORM, a data science & AI accelerator is powered by Deep Tech Ventures at the University of Chicago's Polsky Center for Entrepreneurship and innovation in partnership with UChicago's Data Science Institute.
  • Tech Wildcatters
    Investor & Mentor
    Tech Wildcatters Apr 2014 - Present
    Dallas, Texas, Us
    Tech Wildcatters (TW) is a venture capital fund focusing on Seed to Series A+ stage technology and tech-enabled companies. Founded in 2009 as one of the first 15 accelerators in the world, TW has backed over 100 companies and are nationally recognized by MIT and Forbes. Strategically headquartered in Dallas, Texas, which gives TW portfolio companies an edge in B2B and B2C markets, TW attract ambitious founders from across the U.S. and internationally.
  • Elhence & Company, Llc
    President & Ceo
    Elhence & Company, Llc Aug 2010 - Present
    Strategic management consulting services
  • Marketchorus
    Strategic Advisor
    Marketchorus Aug 2022 - May 2023
    Richardson, Tx, Us
    MarketChorus offers an AI/Data Platform to enable revenue growth using authentic customer/prospect engagement data insights.
  • Excellarate
    President & Board Observer
    Excellarate Jan 2021 - Jun 2022
    Scottsdale, Arizona, Us
    Excellarate enables its clients to advance their digital transformation, at scale, and cost efficiently.Excellarate is the result of a combination, by a private equity sponsor, of four software services companies, brought together in the span of one year. * Working closely with rest of the executive team to drive a unified new branding and marketing messaging* Integrated sales organization across the four merged companies, with a consistent sales process, on-going sales training, and sales reporting metrics for executives and the board.* Managed current client engagement management and value delivery, including quarterly business reviews and expanding and deepening executive relationships with key strategic clients* Lead 15 person senior sales team to consistently deliver new logos and overall top line revenue growth
  • Synerzip
    Founder, Board Member, & Ceo
    Synerzip Sep 2004 - Jan 2021
    Wayne, Pennsylvania, Us
    Synerzip, an Agile co-development partner for high-growth, venture-backed software/SaaS platform companies. Following Agile practices, Synerzip seamlessly dovetails with each client’s engineering team, helping them scale up, in a flexible, capital-efficient and frictionless manner. In Dec 2020, the company was acquired by a private equity backed strategic acquirer.Overall Executive Leadership* Defined the core business strategy and market positioning. Fine tuned over time based on market feedback and business results.* Designed the top level metrics and intra company transfer pricing mechanism * With India based software development team and US based sales and marketing team, lead the global business, with consistent revenue growth & profitability for 16 years.* Recruited an external, non-investor, advisory board. Crafted an innovative phantom stock option plan to incentivize board members* Orchestrated a diligent and successful “Exit” - including investment banker selection, deal negotiation, due diligence. Significantly outperformed post-exit/earnout goals. Sales & Marketing Leadership - from 0 to $25M/yr in revenues* 17 years of consecutive, year-over-year revenue growth and profitability. 6 times in INC 5000 fastest growing companies* Developed a consultative sales process for selling to the CTOs/VPs of Engineering of high-growth, VC/PE backed software/saas companies* Hired and managed the sales organization of 20+ senior sales executives* Developed a sales lead generation process for consistently producing qualified sales leads via a variety of channels - trade-shows/events, inside sales, webinars, and professional networkingGlobal People Leadership* Worked closely with US+India based software delivery team to build a unified and positive culture based around Agile values and Lean Startup concepts* Consistently recognized by clients and employees as uniquely positive culture, with Glassdoor CEO satisfaction rating of 100%
  • Texchange Dfw
    Board Member
    Texchange Dfw May 2012 - Apr 2015
    Dallas, Tx, Us
    TeXchange Dallas connects Dallas-Fort Worth’s technology community; bringing together founders, investors, technology executives, business leaders, educators and supporting service providers at every stage of building and growing successful ventures.
  • Ecmi
    Chief Operating Officer
    Ecmi Dec 2002 - Sep 2004
    Irving, Us
    Responsible for business strategy, sales, marketing, and services delivery.* Led product/platform definition to address an unmet market need with an innovative solution - a multi-enterprise, real-time supply-chain dashboard.* Raised seed capital and angel investments for early stage product development* Worked with engineering to devise an innovative software platform that incorporated real-time supply chain signals with historical transactional data to raise business relevant alerts and flag any discrepency in plan vs. actual.* Led early product X market fit iterations, with early customer engagements* In response to market adoption and capital raise challenges, pivoted the business model to services business, which later became the basis for launching a new venture, Synerzip.* Lead business model pivot that resulted in real paying customers and made the company viable, by getting to $1M ARR within 3 months of pivoting
  • Startech Early Ventures
    Mentor/Advisor
    Startech Early Ventures Sep 2002 - Aug 2004
    STARTech Early Ventures provided management in three main areas – entrepreneurial ecosystems, investment of funds in technology-enhanced businesses, and office facilities for small-footprint, technology-based companies in Dallas area. I participated as a mentor and advisor to evaluate applicant companies for admission into STARTech and help them with their business.
  • I2 Technologies
    Vice President Of Product Management
    I2 Technologies Oct 1998 - Oct 2002
    Scottsdale, Arizona, Us
    Product line Vice President - leading product management, product marketing, and product development functions for a portfolio of software products. Lead teams across multiple geographies.* Managed product portfolio of i2’s factory planning scheduling products - a mix of dozen or so, home-grown and acquired software products, with overlapping functionality and target markets. Rationalized the product portfolio and provided renewed focus on growth and profitability.* Conceived i2’s offering for SMB segment, highly packaged manufacturing planning and execution offering. Built with low-touch, indirect channel, sales and delivery strategy. * Developed the business strategy and execution plan for this new venture * Created new sub-brand i2 Pronto for this mid-market offering. * Developed strategic partnership with partners like Dell, Intel, Hitachi, etc for rapid deployment of this packaged solution. * Launched i2 Pronto in APAC region for early adoption * Worked with i2’s direct sales force and indirect partner channel for early customer adoption of i2 Pronto.* Lead product management and customer success function for i2’s multi-enterprise (supply chain) collaboration platform. Led successful deployments at Sun Microsystems, IBM, and Dell. This was i2’s first offering for the nascent “internet products”/“e-Business” market in the year 1999.
  • Mckinsey & Company
    Engagement Manager
    Mckinsey & Company Apr 1994 - Oct 1998
    Us
    Led management consulting engagements across several industries including computer hardware, software, health-care, semiconductor, transportation, and consumer electronics.Led field research that resulted in the book Peak Performance: Aligning the Hearts and Minds of Your Employees, by Jon Katzenbach. Published by Harvard Business School Press. Learn more: https://www.amazon.com/dp/0875849369/ref=cm_sw_em_r_mt_dp_ZQFN0WE3Q1NFCA0Y8HF9
  • Technology Research Group
    Management Consultant
    Technology Research Group Jul 1992 - Apr 1994
    Scottsdale, Arizona, Us
    Led management consulting projects focusing primarily on product/market fit and new market opportunity identification for clients in computer hardware, software, telecom, semiconductor, and information services industries. Helped venture backed companies pivot to new markets and Fortune 500 clients identify new market segments for growth
  • Digital Equipment Corporation
    Senior Software Engineer
    Digital Equipment Corporation Jul 1987 - Aug 1990
    Houston, Texas, Us
    Led software development for CAD tools to optimize semiconductor design and manufacturing cycle time.

Hemant Elhence Skills

Product Management Software Development Agile Methodologies Strategy Business Development Enterprise Software Product Development Business Strategy Saas Leadership Agile Project Management Executive Management Start Ups Consulting Requirements Analysis Mobile Devices Sales Management Business Intelligence Software Product Management Cloud Computing Strategic Partnerships Program Management Software Project Management Entrepreneurship Product Marketing Business Analysis Go To Market Strategy Professional Services Scrum Mobile Applications Soa Web Services Pre Sales Networking Android Mobile Technology Crm Big Data Web Applications Software Engineering It Strategy Solution Architecture Software Design Architectures Ios Development Rest Lean Startup Venture Capital Mobile Private Equity

Hemant Elhence Education Details

  • The University Of Chicago Booth School Of Business
    The University Of Chicago Booth School Of Business
    Finance & Business Strategy
  • University Of Massachusetts Amherst
    University Of Massachusetts Amherst
    Electrical & Computer Engineering
  • Indian Institute Of Technology, Delhi
    Indian Institute Of Technology, Delhi
    Electrical Engineering
  • Sandler Sales Institute (Https://Www.Sandler.Com)
    Sandler Sales Institute (Https://Www.Sandler.Com)
    Sales Boot Camp
  • Smu Cox School Of Business
    Smu Cox School Of Business
    Smu Entrepreneurship Certificate Program

Frequently Asked Questions about Hemant Elhence

What company does Hemant Elhence work for?

Hemant Elhence works for 3lines Venture Capital

What is Hemant Elhence's role at the current company?

Hemant Elhence's current role is General Partner.

What is Hemant Elhence's email address?

Hemant Elhence's email address is he****@****ate.com

What is Hemant Elhence's direct phone number?

Hemant Elhence's direct phone number is +121476*****

What schools did Hemant Elhence attend?

Hemant Elhence attended The University Of Chicago Booth School Of Business, University Of Massachusetts Amherst, Indian Institute Of Technology, Delhi, Sandler Sales Institute (Https://www.sandler.com), Smu Cox School Of Business.

What skills is Hemant Elhence known for?

Hemant Elhence has skills like Product Management, Software Development, Agile Methodologies, Strategy, Business Development, Enterprise Software, Product Development, Business Strategy, Saas, Leadership, Agile Project Management, Executive Management.

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