Tod Sacerdoti

General Partner, Flex Capital
Tod is a serial founder who grew BrightRoll to $300M+ revenue before its $640M Yahoo exit, later founded Pipedream (acquired by Workday in 2025), and has 50+ angel investments.
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Stages their fund invests in
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Sectors their fund invests in
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Avg Check
$500K to $2M
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Does their fund Lead?
No
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Geos their fund invests in
USA
Tod Sacerdoti
Stages their fund invests in
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Sectors their fund invests in
SaaS
AI
Devtools
Fintech
Data
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$500K to $2M
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Leads?
No
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About Tod Sacerdoti

GP at Flex Capital, and founder and CEO of Pipedream (acquired by Workday in 2025). Previously, Tod was founder and CEO of BrightRoll (2006–2014), which led to a $640M acquisition by Yahoo!.

He served as VP of Display and Video Advertising Products at Yahoo until 2017. Under his leadership, BrightRoll scaled to $300M+ in revenue and reached profitability in 2012. After the acquisition, BrightRoll's platforms drove $1.5B+ in revenue in 2016.

Tod is an active angel investor with 50+ investments.

Tod Sacerdoti's Interests

What they've been talking about across their social media accounts
  • Deep focus on enterprise artificial intelligence agents and software integration. A recurring theme is the belief that artificial intelligence should go beyond simply understanding context and actually execute tasks directly within everyday business workflows. A prime example is the detailed discussion around the Workday acquisition of Pipedream, emphasizing how connecting intelligent systems with human resources and finance data allows for massive scale and practical automation using thousands of different software interfaces.
  • Admiration for rapid product development and hands-on experimentation with new generative tools. There is a strong appreciation for companies that release updates quickly, noting that rapid product cycles are highly motivating for the broader industry. For instance, after expressing excitement about the fast development pace at Perplexity, there was a mention of spending an entire weekend using Claude to independently generate a massive biography about the leadership at Anthropic.
  • Appreciation for persistence, ambition, and seasoned technology operators. There is a clear alignment with the mindset of relentless effort and positioning oneself at the center of industry innovation. As an example, there was strong praise for a book by Bill Gurley, specifically highlighting the takeaway that failure only happens when an entrepreneur gives up, alongside expressions of support and confidence in veteran founders who are returning to build entirely new ventures.

About their Fund

Sectors
SaaS, AI, Devtools, Fintech, Data
Rounds
Seed
Avg Check Size
$500K to $2M

Flex Capital is a venture fund run by founding CEOs of companies like LiveRamp, BrightRoll, and SafeGraph who pledge their voting shares back to founders and operate through a large network of 300+ strategic LPs and 600+ angel investors positioned as a distribution engine. The fund specializes in data and infrastructure businesses with unusually large reserves for follow-on investments, making decisions in under a week while sourcing many deals through their own alumni founder network rather than traditional VC pipelines.

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