CO-FOUNDER AND CEO
Praful Saklani has deep expertise in the artificial intelligence technologies core to Pramata, and experience in delivering enterprise process solutions to large corporate customers. Prior to co-founding Pramata, he founded and served as CEO of Yatra Corporation, which leveraged artificial intelligence and Internet technologies to optimize travel management processes. Previously, he was co-founder and managing partner of consulting firm, Invotech Systems, and a key executive of Waterhealth International, a social start up focused on bringing affordable drinking water purification solutions to developing countries. He graduated from Swarthmore College, where he received High Honors in economics and political science.
Larry Cheng is a Managing Partner for Volition Capital, focusing on investment opportunities in Internet applications, information services and software. In addition to Pramata, he currently serves on the boards of Chewy.com, Cortera, Ensighten, and GlobalTranz. He also was on the Board of mindSHIFT Technologies (acquired by BestBuy), Stylesight (acquired by Top Right Group), and Prosper Marketplace.
Prior to helping found Volition Capital in 2010, Larry was a partner at Fidelity Ventures, where he led their investment in Verid (acquired by EMC). From 2000 to 2005 Larry was a senior associate at Battery Ventures where he was actively involved in OpenNetwork Technologies (acquired by BMC Software), Ximian (acquired by Novell), and Ruckus Network (acquired by TotalMusic). From 1998 to 2000, he was an associate for Bessemer Venture Partners where he focused on software investments. Prior to Bessemer, Larry was an associate consultant at Corporate Decisions Inc.
Larry earned a B.A. in Psychology from Harvard College. He is also on the Harvard University Alumni Association Board of Directors, Beth Israel Deaconess Medical Center Board of Overseers, and Wycliffe Bible Translators Board of Directors.
Steven J. Morgenthal
Steven Morgenthal is a Managing Director for Argosy Capital and has led their Operating Partner Program since 2007. He is responsible for evaluating potential investments, performing due diligence, and working with portfolio companies to grow shareholder value through improved strategic planning and operational effectiveness. Prior to joining Argosy, he was a venture partner with SCP Private Equity Partners and was CEO and a board member for several of SCP’s portfolio companies. Prior to his involvement with SCP, he was a senior executive at a number of private and public companies, including Unified Systems Solutions, a diversified information technology firm that he co-founded, and successfully sold to a strategic acquirer. He earned a BS from Pace University and an MS from Stevens Institute of Technology.
Patrick D. Quirk
Patrick D. Quirk is a proven software leader with more than 25 years of experience in enterprise software, research and development, marketing and sales, and global operations. As the CEO of Emptoris, Quirk helped the company win and grow more than 200% in 2.5 years. He was responsible for an organization of 750+ global professionals and oversaw the acquisition by IBM. Previously, he served as the Senior Vice President for worldwide sales at GoldenGate Software leading the company to record growth which resulted in its acquisition by Oracle in 2009. Patrick has served as General Manager & Group Vice President of PeopleSoft’s Enterprise Supply Chain Management division. While at PeopleSoft, he led the $1.7 billion acquisition of JD Edwards – the largest software acquisition in ERP history at that time. He also served on the board of Plex Systems for 5 years and helped negotiate its sale to Francisco Partners. Patrick Quirk holds a bachelor’s degree in industrial engineering from the University of Wisconsin-Madison.