Adit Ventures appoints MD

Investor and software professional Jon Cholak has joined Adit Ventures, a family-office owned, venture capital investment firm, as Managing Director, Portfolio Manager. 

Cholak will work with Adit in launching a new early stage venture platform, to complement existing Adit offerings. Cholak will be based out of Austin, Texas. Please visit www.aditventures.com for further information. 

"Adit Ventures is pleased to have a professional of Jon's calibre, intelligence, and professionalism join our firm. He brings in-depth experience at Intel, management consulting experience plus a top-decile performance record to Adit's team of 8 professionals," says Eric Munson, Founder & CIO of Adit Ventures. "Jon's institutional top-decile performance record, combined with Adit Ventures existing top-quartile results, gives investors a choice of alternative investment options across the entire landscape" Munson added. Cholak will also serve as a member of Adit's Investment, Research & Valuation Committees, as well as leading Adit Genesis, the early-stage research & technology investment platform within Adit.    

Cholak has deployed over USD90 million in early stage capital across 15+ companies, with multiple successful exits. Cholak has held numerous board roles with his portfolio companies and has served as a speaker at numerous industry engagements and as a startup mentor at various accelerator programs. Cholak started his career at Deloitte Consulting where he managed large scale custom software development projects in the health and human services sector. During his career, Cholak has held various technology and investment positions at Bank of America, Deloitte Consulting, Intel, and USAA. He holds a BS from New York University and an MBA from The University of Texas at Austin.