Edison Venture Fund has promoted Chris Sugden, the chair of Edison’s investment committee, to managing partner.
Edison Venture Fund has promoted Chris Sugden, the chair of Edison’s investment committee, to managing partner.
Sugden (pictured) joins Edison founder John Martinson as the firm’s second managing partner.
Martinson will direct Edison’s portfolio company management, while Sugden will guide Edison’s industry sector and geographic investment teams.
Sugden joined Edison in 2002 as a principal. He was promoted to partner in 2005 and general partner in 2007.
He has spearheaded the financial technology practice which is Edison’s largest industry sector with 35 investments. He also led Edison’s entry into the New York metropolitan area, uncovering expansion stage information technology companies seeking their first institutional round.
Sugden currently sits on the board of eight portfolio companies, including Gain Capital, Scivantage, Trader Tools, IPP, Billtrust, FolioDynamix, Business Financial Services and Operative.
Prior to joining Edison, Sugden served as Princeton eCom’s chief financial officer and executive vice president.
