Bill Malloy III
Bill Malloy III | |
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| Born | Oregon |
| Nationality | American |
| Citizenship | United States |
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| Occupation |
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| Years active | 2000 - Present |
| Website | bill-malloy |
Bill Malloy III is an American technologist, investor, venture capitalist, and philanthropist. He serves as president and board member of Malloy and Company, a family office that has been active for the past two centuries investing in real estate and private companies that deliver value to their communities.[1] He is also a co-founder of the venture capital firm Sway Ventures and Nex Cubed, a startup accelerator focused on frontier technology.
Malloy has led investments in a number of startups and has particularly focused on engineering-driven software companies. His portfolio spans a variety of industries and has included Lyft, Twilio, SendGrid, Addepar, Sourcegraph, and Uber. Malloy has also served on the boards of several companies, including HyTrust, Tally, Fetch Robotics, Noon Home, and Affinity. Currently, he serves on the board of advisors for Nex Cubed, Model Medicines, and Addepar. Malloy is known as a hands-on investor who enjoys working side by side with the entrepreneurs he supports.[2]
Malloy is also known for is philanthropy via the Malloy Family Foundation and other channels. He co-founded the PEERS Network in San Diego and served on the board of the Equinox Center.[3]
Early life and education
Malloy earned a bachelor’s degree in chemical engineering from Clemson University in 2000. He earned an MBA in finance and entrepreneurship from the University of Southern California in 2005.
Later, he studied computer science at Stanford University. In 2021, Malloy became an Innovation and Research Fellow at Clemson University.
Career
Early in his career, Malloy joined Listen.com (acquired by RealNetworks) as a senior product manager. The company was at the forefront of the digital music industry and Malloy played a role in developing Rhapsody, the first internet music subscription business. Malloy next worked for MusicMatch (acquired by Yahoo!) in a similar role, driving strategy, product development, and engineering implementation.[4]
In 2003, Malloy entered the venture capital industry as a senior associate for DFJ – Zone Ventures. He focused on strategy, financial structuring, and operations, as well as new investment due diligence. He later joined Oakley, where he guided product development, business development, and international commercialization for key Oakley products, including electronic eyewear, following the $2 billion merger of Oakley with Luxottica.
In 2010, Malloy joined the board of advisors of Addepar. In 2013, he co-founded Sway Ventures,[5] a San Francisco-based venture capital firm that invests in early- to mid-stage technology companies with disruptive products capable of pioneering new enterprise or consumer categories. Three years later, Malloy co-founded Nex Cubed, an early-stage business accelerator that provides capital, resources, and community to entrepreneurs with bold ideas.[6]
In 2014 and 2015, Malloy became a board member or board observer of Zanbato, Le Tote, HyTrust, LiveAction, Penrose Studios, and Mocana Corporation. In 2016, he was appointed as a board member of Noon Home, Tally App, and EVRYTHNG. He became a board member of Fetch Robotics in 2017 and Affinity in 2019. As of 2021, Malloy serves as a board advisor or member of Nex Cubed, Model Medicines, and Addepar, in addition to his work with Malloy and Company.[7]
As a philanthropist, Malloy supports a number of causes through the Malloy Foundation. He is a co-founder of the PEERS Network, a platform that aims to connect philanthropists within the business community in the San Diego area. He has also served as treasurer and board member of the Equinox Center. Malloy is currently focused on supporting organizations with innovative solutions for the diagnosis and treatment of cancer at all stages.
Personal life
Malloy represents the seventh generation of his family to lead Malloy and Company, which was founded by Henry Duncan Malloy in 1835. The company served mainly the southeast with retail businesses, banks, and real estate. In the early 1900s, the company invested in a local cotton mill and transformed it into a multi-million-dollar enterprise and textile industry leader.
Malloy is married to Shenell Malloy. After being diagnosed with stage IV glioblastoma, she now advocates for cancer patients and fundraises for cancer research. The couple has two young children together. In his spare time, Bill Malloy enjoys spending time with family at their family homes in California and South Carolina. His other hobbies include surfing, guitar, and beach volleyball.
In the media
References
- ↑ "Bill Malloy - Board Member @ Malloy & Company - Crunchbase Person Profile". Crunchbase. Retrieved 8 October 2021.
- ↑ "Full Show: Bloomberg Technology (03/14)". bloomberg.com. Retrieved 8 October 2021.
- ↑ "Bill Malloy III – Meet the Innovative Mind Behind Most Software Start-ups | Born Realist". bornrealist.com. Retrieved 8 October 2021.
- ↑ Ventures, Sway. "Sway Ventures names Ken Denman as Venture Partner". www.prnewswire.com. Retrieved 8 October 2021.
- ↑ Weiner, Yitzi (24 July 2018). ""Go Get Customers" Words of Wisdom With Bill Malloy, Co-Founder of Sway Ventures". Thrive Global. Retrieved 8 October 2021.
- ↑ "AITV Invests in LiveAction's $36 Million Series B Financing, Alongside Insight Venture Partners and Cisco Investments; Bill Malloy Joins LiveAction Board". www.prnewswire.com. Retrieved 8 October 2021.
- ↑ "The new reality of mobile AR and computer vision venture capital". TechCrunch. Retrieved 8 October 2021.