A  Martin Babinec

https://babinec.com/





     Office Locations:

Utica, NY

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    Martin Babinec founded Silicon Valley based TriNet in 1988, serving as CEO for the company's first 20 years and Chairman until 2010. TriNet's cloud based HR services help 17,000 small to mid sized companies and the company has grown to annual sales of $4+ billion - listing on the New York Stock Exchange under the symbol TNET. After 34 years of serving on TriNet's board, Martin retired from the board of directors in June 2022 and ended his tenure with roles at TriNet. He is Founder/Managing Director at UpVentures Capital - making direct investments in 30+ startup companies and serving as limited partner and advisor to a dozen venture capital and seed funds, several of which he helped start as an Upstate Venture Connect initiative. Mr. Babinec is Co-founder/Chairman of StartFast Venture Accelerator which invests in and helps grow a cohort of 5-8 startup companies at in residence program each summer in Central New York.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Martin Babinec Founder

     

    Portfolio companies include:


      Blueboard


      StorySlab
        web link


     

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