Tomasz Tunguz

Student of Startups
Backer of 9 unicorns
Author of http://tomtunguz.com 
Subscribe https://ttunguz.kit.com/ef0a779b9c

Founder

Lumo

Lumo helps growers conserve their most precious resources: time, money and water.

There is no better way to ensure food and water security.

By 2050, agricultural production will need to increase by 60% to meet the needs our growing population. At the same time, annual global water consumption is predicted to exceed sustainable supplies by 40%. This is a major challenge for our farmers, who already account for 70% of global water use, and 85% in drought-stricken California. 

Lumo offers the first ever smart irrigation value. Our patented design lets growers optimize every irrigation, reducing costs, protecting crops and improving yields.

Ripple Ventures

With presence in Toronto, Boston & San Francisco, we are always seeking new investments in industries ripe for disruption. As serial entrepreneurs, we are actively involved with our investments, providing ongoing advice and support to all our portfolio companies, in addition to helping them leverage our broad business networks.

Advisor/Investor

Various Startups

Helping founders rapidly build successful teams and outcomes. Strategy, product<>market fit, fundraising, team building, operational excellence.

Yelp

Responsible for setting & executing the Go-to-Market strategy for our Restaurant SaaS & Marketplace products. A few highlights from our amazing team since joining:
- Took #1 market share in our 3 largest metros
- Accelerated YoY growth in monthly booked tables by over 400%
- Tripled our LTV:CAC by introducing multi-product bundles & pricing initiatives
- 4X our app download volume to help grow our Yelp presence across the US

GM, Yelp Restaurants

Turnstyle Solutions (acquired by Yelp)

We built Turnstyle Solutions into the leading WiFi marketing platform helping local businesses connect with their customers. Acquired by Yelp in 2017.

https://techcrunch.com/2017/04/04/yelp-acquires-wi-fi-marketing-company-turnstyle-analytics-for-20-million/

Co-founder / CEO

Responsible for wholesale pricing TD's US mortgage portfolio while our book grew from $13B to $18B.

Senior Treasury Analyst

Associate in TD's post-graduate rotational program.

Finance Associate

I love the experience of scaling, especially the early challenges of finding product<>market fit, team building and revenue growth. 

I've founded 2 startups and advise or invest in many more.

My current venture is Lumo. Our mission is to massively improve fresh water efficiency and food security. We do this helping farmers optimize irrigation so they can continue to meet our growing food demand with an increasingly volatile water supply.

Prior to this, I co-founded Turnstyle Solutions and grew it to one of the largest local marketing platforms of its kind before being acquired by Yelp in 2017. I helped build and run the Yelp Restaurants division with an incredible team of leaders until 2022.

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The Battle

Tomasz Tunguz

Devon Wright

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