Meet A Minnesota Tech CTO: Killian Brackey, Sezzle

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Thank you Tarmac for underwriting our Meet a Minnesota Tech CTO series, where we get up close and personal with Minnesota’s chief techies.

 
The CTO: Killian Brackey, Sezzle

How long have you been working in tech for and what is your technical background?

I have been a tech hobbyist and enthusiast since the first time I got my hands on a personal computer. Throughout my educational history I have spent a lot of time programing, building websites, and testing networks and systems security. I began studying Economics at Columbia University but quickly felt the need to transition back to my passion within technology and moved to Computer Science at both Columbia and the University of Minnesota. I joined Sezzle right out of school and helped us build the team and product we have today.

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On The Market: Valerie Davis

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On The Market is a new series debut featuring Valerie Davis:

 
Let’s start with the most obvious question: why are you leaving Bulk Reef Supply?

I started with Bulk Reef Supply (BRS) in 2012 as a marketing coordinator, primarily for email marketing. Since then, I’ve had the opportunity to fill each seat on the marketing team which put me in the unique situation two years ago to accept the Director of Marketing role.

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Minnesota Ecommerce Captains: Jeremy Segal, Proozy

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Thanks you Irish Titan for underwriting our Minnesota Ecommerce Captains series focused on local leadership in the ecommerce industry.

 
Minnesota tech entrepreneur Jeremy Segal started Lyons Trading Company in 2006 to sell golf and active lifestyle products wholesale. Years later, in 2014/15 he launched Proozy.com to bring the commerce experience direct to consumer.

Since then, the venture has ranked on Inc. 5,000 for the last two years running (#1746, #3255) with $20m of revenue in ’17 — a number that is only going up.

He’s speaking about it all next Wednesday at the Twin Cities Ecommerce meetup hosted by Apruve.

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Q&A With Sezzle CEO Charlie Youakim On The $100m Raise

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On November 15th, Minnesota fintech startup Sezzle announced a $100m funding round to grow its online retail payments business.

Like PayPal, but with micro-installments, consumers can ‘checkout with Sezzle’ and receive a small denomination interest free loan at the time of purchase, on demand.   So by partnering with Sezzle, ecommerce merchants can effectively make more sales by giving their customers more purchasing power.

Sezzle has previously raised ~$12m in equity (most of which came earlier this May) and now CEO Charlie Youkim explains where things are at following the latest milestone:

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Cargill & ADM Form Joint Tech Venture Grainbridge

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Via News Release

“CHICAGO and MINNEAPOLIS, Oct. 29, 2018 /PRNewswire/ — Archer Daniels Midland Company (NYSE: ADM) and Cargill, Incorporated, have agreed to form a technology joint venture, Grainbridge LLC.

The joint venture intends to provide grain marketing decision support, e-commerce and account management software for North American farmers. This includes the development of digital tools designed to help farmers across the U.S. and Canada consolidate information on production economics and grain marketing activities into a single digital platform, at no cost to them.”

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I’m Charlie Youakim, Cofounder & CEO Of Sezzle, And This Is How I Work

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Thanks to Minnesota Tech Startup Supporter Fueled Collective for underwriting our entrepreneur-focused How I Work series!

 

Sezzle was formed in 2016 initially to pursue ACH arbitrage, and after a big pivot they found a product-market fit by offering online retailers a ‘reverse layaway’ checkout service that allows their customers to pay with installments.

As a result of traction, they received $10m investment earlier this year to scale the team, now 30+ overall.

At the helm is CEO Charlie Youakim, interviewed here to learn about his habits and the the way he operates Sezzle on a typical day — inside and outside the office.

What one word best describes how you work?

Determined.

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