Andy Annacone

Managing Director

I have led a multi-faceted career as a venture capitalist, strategic advisor, startup founder, and corporate executive; I am Managing Director at TechNexus and President at Podfund.  I believe in the power of innovation and technology to enable new business models for business—and society.

At TechNexus I work with C-Suite teams to develop and help realize new opportunities for corporate transformation, innovation, and growth. I guide our teams to define the new business models and growth opportunities made possible by emerging technologies; actively execute venture capital and corporate development initiatives to capture these opportunities; and put in place the management infrastructures needed to be successful. The outcomes of this work are both market value growth and competitive advantage.

Throughout my career, I have had the privilege to work in leadership roles in numerous disciplines.  At the beginning of my career, I founded Arthur Andersen’s Shareholder Value consulting practice and advised public company CFOs on stock market valuation.  I then held senior leadership roles at Sears and Gap in strategy and as segment CFO, leading broad transformation initiatives at both companies.  I was a Principal with management consulting firm Galt & Company, where he advised Fortune 500 CEOs on broad strategic repositioning and growth strategies. Immediately prior to TechNexus, I led Corporate Venture Capital and technology innovation at Redbox.  

When I am not innovating in business, I am innovating in education. I serve as Board Chair for EPIC Academy, a charter high-school in South Chicago on a mission to create new opportunities for life-long growth for kids. I also believe in the power of technology and new business models to redefine education and am involved with numerous initiatives working to reinvent education for the next century.

I also value spending treasured time with my wife—herself an entrepreneur—and two children.