BOSTON--(BUSINESS WIRE)--Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, today announced that Mike Volpe, CEO of Lola.com, has joined the firm as a Senior Advisor. With an extensive background leading marketing at high-growth technology companies, Mike will provide strategic value-add to the Silversmith portfolio as they accelerate their growth as well as support due diligence on new investments.
“We have a long-shared history with Mike that goes back decades as a friend, fellow board member and co-investor,” said Jim Quagliaroli, Managing Partner of Silversmith. “Mike was the first person we asked to join the board at Validity at the time of our investment in 2018, and since that time he has joined us as a co-investor in other founder-led companies we have backed, including Appfire. We are excited to now have him join us as a Senior Advisor. His background will be a significant asset to the Silversmith portfolio as they develop and implement impactful go-to-market strategies.”
Mike is a highly regarded executive with over 20 years of marketing leadership experience in the technology sector. He is active in the Boston SaaS and startup communities as a member of the board of directors of Validity (a Silversmith portfolio company) and Privy, and as an angel investor in more than 30 startups. Mike has served as a strategic individual investor in multiple investments across Silversmith's first, second, and third funds.
Mike is currently the CEO at Lola.com, a corporate travel SaaS platform that helps companies stop wasting time and start saving money on their business travel programs. Previously he was CMO at Cybereason, a cybersecurity SaaS company, where he helped the company increase its sales pipeline by 650% in a single year and grow revenue by 5x during his tenure. Mike was also part of the founding team at HubSpot, where he spent eight years growing the company from five people to over 1,000 employees, $175 million in revenue, and a successful IPO. He holds an MBA from the MIT Sloan School of Management and a BA from Bowdoin College.