Steve Semelsberger's Location
Austin, Texas, United States, United States
Steve Semelsberger's Contact Details
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About Steve Semelsberger
Testlio helps technology leaders deliver great digital products via a unique approach called fused software testing. Appreciate the opportunity as CEO and board chair and grateful to Kristal and Marko for starting the company (which I originally invested in and started advising in 2014 at <$1M revenue). Previous operational roles at startups helped deliver two IPOs (DMD & MOTV) and two acquisitions (Pluck and iChat), driving more than $2B in initial returns to investors. I've also invested in, and/or advised, more than 15 startups via my Alder Growth Partners entity. 11 of these startups have been acquired to date, delivering more than $1B in combined returns to stakeholders.About me: I'm married (20+ years) and have three amazing sons; lucky to have a global community of friends; serve multiple social impact organizations; moved by forests, mountains, music, and sports; have called Austin home for ~25 years while spending deep time in NYC, London, the Bay Area, and Barcelona; originally lived on a 100 acre farm in Wisconsin and grew up in Syracuse, NY.
Steve Semelsberger Work Experience Details
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FounderAlder Growth PartnersAustin, Tx, Us -
CeoTestlio 2018 - PresentTallinn, Estonia, EeTestlio is the originator of fused software testing. Through our testing platform, DevOps integrations, expert freelance network, and robust client services team, we provide a suite of distributed and burstable managed quality solutions covering test automation, manual testing, and more. With Testlio, engineering, quality, and product teams expand testing coverage, increase release velocity, improve quality engineering outcomes, and sleep well at night. All at compelling economics, flexibility, and value.Our clients include Amazon, Apple, athenahealth, Fox, Microsoft, The NBA, Netflix, Paramount, PayPal, Strava, Tinder, Uber, and Wayfair. Collectively, they power over 1.5 billion users. Testlio helps them ensure world-class customer experiences. In any location. On any device. In any language. Via any payment instrument.Today, our 100% remote company is ~185 amazing full-time people distributed across AMER, EMEA and APAC. We are female-founded and 46% of our team are women. Our freelance network is 10K+ expert testers and quality engineers in 150+ countries, capable of testing in 100+ languages, on 600K+ HW devices, and via 800+ payments methods. Testlio has raised capital from investors like Altos Ventures, Spring Lake Equity Partners, and Vertex Ventures. We're proud graduates of the 1st Techstars Austin class. We are grateful for recent awards, including G2 Leader, Inc 5000 Fastest Growing, and Inc Top 100 Female Founders.I originally started working with Testlio founders Kristel and Marko in 2013 as an advisor, participated in the seed investment round in 2014, and then joined the company full-time in 2018. It's been an exhilarating ride and I'm grateful for each experience along the way. Highlights that I'm especially proud of along my CEO journey include the people I've worked with, the culture we've fostered, our 15 straight quarters of Ruleof40 performance, and the 5x growth in annual revenue we delivered in my first 4 years. -
FounderAlder Growth Partners 2014 - 2020I'm currently dormant with Alder Growth Partners (AGP) as I'm focused on Testlio. When active, AGP provides advisory services, boutique consulting, executive coaching, and seed capital—helping CEOs, leadership teams, and companies evolve, innovate, and grow. Areas of work span organic growth (including sales, marketing, and channels), corporate (including strategy, governance, and fund raising), inorganic growth (including buy-side and sell-side transactions), and company culture (including purpose, narrative, and team cohesion).Clients (and select seed stage investments) have included: * Early/Launch: Apptive (acquired by Unbound Commerce/SAP), Fosbury (acquired by Verve), Experiment Engine (acquired by Optimizely), Meshify (acquired by HSB), and SiteCondor (acquired by gShift).* Emerging/Growth: Authors, Convey (acquired by Project44), Conversable (acquired by LivePerson), Flite (acquired by Snap Inc), FoundersCard, GoSpotCheck (acquired by Form.com), Koupon Media (acquired by PDI), OutboundEngine (acquired by Elm Street), Rumble (NASDAQ: RUM), and Testlio (see above). * Large/Expansionary: Linux Foundation, Nikon, Spiceworks (acquired by Ziff Davis), and Starcom MediaVest Group.
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MentorTechstars 2013 - 2020New York City, New York, UsI love Techstars and was honored to help for many years, inclusive of 2013 when Testlio came through Jason Seats's first class (noting I invested in, advised, and then ultimately joined Testlio). I hope to help again in the future. Techstars is the top accelerator in Austin (and #2 globally), nurturing companies through an intensive 12 week journey. As a mentor, I helped founding CEOs with team, sales, pricing, market, messaging, and more, inclusive of serving as a lead mentor for Fosbury, Experiment Engine, Wonders, and WritersDuet. -
Co-FounderLeadfully 2016 - 2018New York, Ny, UsAs part of SYPartners, helped start a hybrid technology/human business to help emerging business leaders become great. We built a network of 50+ coaches/mentors. Sold and delivered learning and advisory (mentoring + coaching) services to 100+ leaders across dozens of companies. Created a system based on creativity, optimism, humanity, authentic communication and other 21st century leadership capabilities. Personally coached high-potential leaders at companies like Artsy, American Express, and Capital One. -
PresidentSypartners 2015 - 2018New York, Ny, UsSYP is a management consulting firm focused on transformation. The 200+ strategists and designers help leaders imagine and build impactful futures, create cultures of purpose and performance, and fuel new growth platforms. I loved my time at SYP as one the company's Presidents—and recommend them highly.In my three year journey, I sold and led client engagements with companies like AARP, Apple, Facebook, Kellogg, and USA Today—along with social enterprises like On Being and the Center for Healthy Minds. Managed two practices (Products and Individual Transformation). Oversaw branded digital tools and products (Unstuck, Leadfully, etc.). Mentored and coached numerous emerging leaders. Topics of depth included leadership capabilities, new business innovation, the future of food, workplace well-being, purpose-driven narratives, human-centered digital transformation, and cultures of inclusion. -
Board MemberSustainable Food Center 2015 - 2018Austin, Tx, UsSustainable Food Center is involved in every step of Austin's local food system. SFC's mission is to cultivate a healthy community by strengthening the local food system and improving access to nutritious, affordable food. SFC envisions a food-secure community where all children and adults grow, share, and prepare healthy, local food. -
PartnerCapital Factory 2014 - 2017Austin, Tx, UsInvested in the Capital Factory fund and served as a mentor and advisor to technology entrepreneurs. -
Board DirectorApptive 2014 - 2015Served as independent director, helping founders navigate strategic options and an eventual sale to Unbound Commerce—which was then rolled into SAP.
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CeoYouearnedit 2013 - 2013Led spinout/asset transfer from parent company WPP. Aided early customer growth selling to start-up CEOs and HR leaders. Learned from numerous mistakes as a first-time CEO. YouEarnedIt was subsequently purchased by Vista Equity in 2018.
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Svp & Gm, Social Products GroupDemand Media 2008 - 2013Santa Monica, Ca, UsJoined media & technology rollup via the Pluck acquisition and stayed for 5 great years of growth. Ran business unit P&L as company grew to $350M/year in revenue and completed a $1.8B IPO. Honored to lead an awesome team of 85 people and spearhead the CoveritLive acquisition. My team's products spanned enterprise software (Pluck), media-supported content (Content Channels), and self-service SaaS (CoveritLive). Individual monthly customer price points ranged from $10 to $100K+. Clients included leading brands (CPG), retailers and publishers (AARP, CBS, Comcast, Ford, Gannett, Hearst, Kraft, NFL, Redbox, Sky, Shop Direct Group, Target, Whole Foods, etc.). -
Adjunct Professor Of EntrepreneurshipConcordia University Texas 2010 - 2012Austin, Tx, UsWhile focused on growing Demand Media, I also built and taught the "Entrepreneurial Journey" course (modeled on the Acton MBA approach) during the evening. Students were budding entrepreneurs and business leaders with deep curiosity, profound values and innate moxie. Stopped teaching to focus on my family and work—but plan to return to the classroom later in life. -
Vp, Sales & Business DevelopmentPluck 2004 - 2008Austin, Texas, UsDove into early social media tools pioneer as Dave's and Andrew's first business hire. Recruited an amazing team of 12 inside sales, outside sales, and indirect/channel sellers, securing 100+ customers representing 600+ sites covering 200M+ de-duped unique visitors. Established UK office operations and oversaw build out of European team. Delivered 13 consecutive quarters of on or above target bookings. Helped shift from B2C to B2B business and grew annual revenue from $0M to $10M+. Company was purchased by Demand Media in an all-cash $67M deal (see above). -
Director, Segment MarketingMotive, Inc. 1999 - 2004Helped customer service automation leader grow from $10M to $100M in revenue and conduct an $800M IPO. Served as industry marketing lead for telco/broadband market worth $40M+/year (AT&T, BT, Deutsche Telekom, etc.). Also ran EMEA segment marketing & field alliances (1.5 yrs while living in London), global alliances (3 years) and account management (1 yr). -
Manager, AlliancesIchat 1997 - 1999ichat was one of the first Internet community software companies. Grew to thousands of customers (Yahoo!, Time Warner, iVillage, etc.) and split assets (selling ichat and launching Acuity).
Steve Semelsberger Education Details
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Duke UniversityHigh-Tech Finance & Marketing -
Iese Business SchoolInternational Business Exchange
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Binghamton UniversityManagement
Frequently Asked Questions about Steve Semelsberger
What company does Steve Semelsberger work for?
Steve Semelsberger works for Alder Growth Partners
What is Steve Semelsberger's role at the current company?
Steve Semelsberger's current role is Founder.
What is Steve Semelsberger's email address?
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What is Steve Semelsberger's direct phone number?
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What schools did Steve Semelsberger attend?
Steve Semelsberger attended Duke University, Iese Business School, Binghamton University.
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