Carter Thornton

Co-founder & COO at Saffron Data | ex-Wells Fargo

Saffron Data

San Jose, CA · PT (UTC-8)

10+ years experience

Harvard University

English

Raising

Messaging unavailable

Overview

Co-founder & COO of Saffron Data, working on B2B payments. Previously built and sold a small B2B payments company. Before that: Wells Fargo and Intuit. Board member at a local non-profit.

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Investors who back our stage and sector
Early customers and design partners

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Crypto token projects
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Skills

fundraisingproductfintechB2B sales

RaisingRaising capital

closes in 3 months

Series A round open - returns management for D2C brands, $6M ARR

Stage: Series A
Raising: $6M
Instrument: Priced round
Committed so far: $455k from operators in the space
Lead investor: Looking for a lead
Traction: $6M ARR after 13 months
Use of funds: 18 months of runway to Series A milestones

$6M ARR after 13 months. Looking for investors who know media and can help with regulatory approvals.

San Jose, CAproductfundraisingfintech

Open

Experience

Co-founder & COO
May 2024 - Present
Saffron Data · 2 yr 5 mo · Full-time · San Jose, CA
- Raised $28 million across 3 rounds.
- Previously built and sold a small B2B payments company.
- Signed 251 paying customers, 10 of them enterprises.
Finance Manager
Dec 2022 - May 2024
Wells Fargo · 1 yr 5 mo · Full-time · San Jose, CA
- Built the operating model the board used for a $119 million raise.
- Closed the books in 3 days, down from 11.
Financial Analyst
May 2021 - Dec 2022
Intuit · 1 yr 7 mo · Full-time · San Jose, CA
- Saved $3 million a year renegotiating vendor contracts.
- Took forecast accuracy to within 3% for 6 straight quarters.
Financial Analyst
Nov 2018 - May 2021
Citi · 2 yr 6 mo · Full-time · San Jose, CA
- Saved $2 million a year renegotiating vendor contracts.
- Took forecast accuracy to within 1% for 4 straight quarters.
Finance Manager
Feb 2017 - Aug 2018
Cisco · 1 yr 6 mo · Full-time · San Jose, CA
- Ran diligence on 8 acquisitions.

References

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Education

Harvard University
AB, Computer Science
2004 - 2008

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