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Angel Investor (Individual)

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Investments

10

Portfolio Exits

3

About Doug Scott

Dough Scott is an affiliate ads entrepreneur.

Doug Scott Headquarter Location

United Kingdom

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Latest Doug Scott News

08:53 EDT New Chief Revenue Officer Joins TokenEx To Lead Next Stage Of Growth

Apr 7, 2022

News provided by Share this article Twenty-year SaaS industry veteran will help usher in the future of TokenEx. EDMOND, Okla., April 7, 2022 /PRNewswire/ --  TokenEx , an industry-leading cloud tokenization provider, today announced the addition of a new chief revenue officer, Doug Scott, to guide the company in its next phase of growth following a $100 million Series B investment from K1 Investment Management . Doug Scott, Chief Revenue Officer, TokenEx "I'm excited to work with such a promising company to help them reach their growth ambitions," said Doug Scott, Chief Revenue Officer, TokenEx. "TokenEx has already achieved some impressive results in terms of market leadership and client retention. I can't wait to jump in as we look to unify and expand our capabilities across marketing, partnerships, sales and client success. The potential is sky-high." Doug Scott, a 20-year software industry veteran, has a track record of executing global go-to-market strategies to accelerate growth while boosting organizational performance. Most recently, he served as SVP/COO for SAP Services' Regulated Industries. In addition, he acts in an advisory capacity for Golden Section Ventures, a venture capital firm. "Professionals with the level of talent and experience Doug has built over time are scarce. So, naturally, you must act when you find them," said Alex Pezold, Founder and CEO, TokenEx. "At such a critical point in the TokenEx evolution, I couldn't be more confident and excited to have Doug leading the charge as we expand our revenue-generating capabilities." Scott will be tasked with leading an ambitious growth strategy to exceed revenue targets and increase profitability. He will oversee and unify company revenue streams to ensure alignment, improve performance, optimize growth, and deliver customer satisfaction. Founded by payment security experts in 2010, TokenEx partners with its clients to secure their most sensitive data, typically cardholder data for card-not-present transactions. TokenEx collects data via API calls or managed file transfers before it enters an organization's internal systems and then exchanges that sensitive data for nonsensitive data called "tokens." These tokens can be sent to any API endpoint, creating a layer of abstraction that safeguards against cyber and ransomware attacks, while also increasing freedom, control, and interoperability for customers. TokenEx experienced record growth in 2021 on the heels of increasing data breaches and digital payment transactions. According to a study by cybersecurity company Tenable, the total number of records exposed to bad actors in 2021 surpassed 40 billion, a 78% increase over 2020. Furthermore, the rise in card-not-present transactions, which has been further propelled by Covid-19, is creating an urgent need to secure digital payments worldwide. About TokenEx TokenEx is a cloud tokenization provider committed to helping organizations safely and compliantly accept, store and transmit sensitive data. Its industry-leading solution for data protection can secure and desensitize any structured data element to reduce risk, streamline operations and enable critical business processes. For more information, visit TokenEx.com or contact [email protected] directly with any questions about the company or its platform. Contact

Doug Scott Investments

10 Investments

Doug Scott has made 10 investments. Their latest investment was in Clim8 as part of their Seed VC on April 4, 2021.

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Doug Scott Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/12/2021

Seed VC

Clim8

$8M

Yes

6

10/30/2019

Seed VC

CampusWire

$3.6M

Yes

1

5/13/2016

Angel

M14 Industries

Yes

1

4/5/2016

Series A

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$99M

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10

10/29/2015

Seed - II

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$99M

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10

Date

4/12/2021

10/30/2019

5/13/2016

4/5/2016

10/29/2015

Round

Seed VC

Seed VC

Angel

Series A

Seed - II

Company

Clim8

CampusWire

M14 Industries

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Amount

$8M

$3.6M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

6

1

1

10

10

Doug Scott Portfolio Exits

3 Portfolio Exits

Doug Scott has 3 portfolio exits. Their latest portfolio exit was Tech.eu on October 07, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/7/2021

Acquired

$99M

3

3/4/2019

Acquired

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$99M

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10

12/5/2017

Acquired

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$99M

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10

Date

10/7/2021

3/4/2019

12/5/2017

Exit

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

3

10

10

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