CEO at Kavoo / Mentor / Angel Investor
- New York, New York (Greater New York City Area)
Richard Humphrey's Overview
- Managing Principal at Design Lofts
- Founder, CEO at DrinkWorks! (now Whirley-Drinkworks)
- University of Hawaii
- University of Missouri-Kansas City
Richard Humphrey's Summary
Richard Humphrey is serial entrepreneurial and investor with extensive experience in aviation, investing, product design, outsourcing, and business development. He has twice been named by Inc. magazine to the 2011 and 2003 Inc 500 list as CEO of one of the fastest growing private companies in America. In 2004, OC Business Journal recognized him for his “Excellence in Entrepreneurism” and OC Metro profiled him as a “Young Business Star”. In 2005, Business Week featured him in its “Small Biz” issue on managing growing pains. In 2004 he was honored as a finalist for Ernst & Young's Entrepreneur of the Year Award.
Richard launched his newest company in 2008 - Kavoo (which means a perfect time to fly). Kavoo provides personalized point to point, on-demand skylimo service currently in the Northeastern US.
Richard is an active member of the New York Angels, the leading angel investment consortium in the New York region, and Space Angels Network, LLC, a national network of seed- and early-stage investors focused on aerospace-related ventures. He is currently invested is several early stage disruptive companies poised to shake-up their industries including Viddler, Living Social, and Facebook.
Richard is the Chairman for the New York Entrepreneurs Organization (EO)—a peer-to-peer membership organization designed to help business owners achieve greater business and personal success through dynamic peer-to-peer learning and once-in-a-lifetime experiences. In this board position, Richard leverages the skills of a very large and talented board to deliver value to the over 225 EO members whose companies collectively represent more than $1.2B in sales.
Born in Kansas City, MO, Richard has an M.B.A. in Finance and International business from the University of Missouri Bloch School of Business. After 13 years in Newport Beach, California, he now resides in New York City.
Specialties: Entrepreneurship, Angel Investing, Space, Aviation, Product Dev., Outsourcing
Richard Humphrey's Skills & Expertise
- Business Development
- Angel Investing
- Enterprise Valuation
- Strategic Planning
- Product Development
- Financial Modeling
- Mergers & Acquisitions
- Business Planning
- Business Strategy
- Financial Analysis
- Emerging Markets
- Self Financing Strategies
Richard Humphrey's Experience
Privately Held; 11-50 employees; Airlines/Aviation industry
September 2008 – Present (6 years 1 month) Greater New York City Area
Kavoo utilizes luxury piston and turbo prop aircraft to provide on-demand private travel in the northeast U.S. and Canada.
Nonprofit; 51-200 employees; Venture Capital & Private Equity industry
February 2008 – Present (6 years 8 months)
Independent consortium of individual accredited angel investors focused on investing in early-stage companies in the New York City area. Currently invested in several companies including LivingSocial, facebook, and Viddler.
Nonprofit; 51-200 employees; Nonprofit Organization Management industry
September 2007 – Present (7 years 1 month)
EO-NY—a peer-to-peer membership organization designed to help business owners achieve greater business and personal success through dynamic peer-to-peer learning and once-in-a-lifetime experiences. In this board position, Richard leverages the skills of a very large and talented board to deliver value to the over 225 EO members whose companies collectively represent more than $1.2B in sales. Member since 12/98.
Founded 20 years ago by young, energetic entrepreneurs, EO is now 7,300+ members strong with over 120 Chapters in 40 Countries around the globe. Our members come from all walks of life and run companies of every type and size imaginable. But whether famous or not, with a staff of 2 or 20,000, we all have a common desire to grow our businesses, learn from others and, share our experiences.
The NYC Chapter is EO's largest. Leading leaders is a challenge but very rewarding. See our web site at http://www.eonetwork.org
June 2004 – Present (10 years 4 months)
After nearly a decade of Real Estate endeavors that occurred prior to the recent boom and later bust, Richard founded Design Lofts, LLC, which builds, owns and manages small creative offices and design space the recognizes creative environments lead to better thinking, team hires and company culture. Design Lofts focuses on building green.
Privately Held; 201-500 employees; Food & Beverages industry
1999 – 2006 (7 years)
Richard founded Drinkworks! in 1999. The company designed and produced high-end, consumer driven, drink and food related products that helped retailers achieve significant growth in revenues, profits and customer satisfaction, replacing a commodity product with a premium one. Drinkworks experienced rapid growth from its outset by partnering with Fortune 100 companies such as Walt Disney Company, Coca Cola, and Busch Entertainment Corporation. After gaining significant market share, Richard exited the growing company in 2007 after completing a successful “mutual win” sale to former competitor Whirley Industries.
Richard Humphrey's Certifications
Private Pilot/ Instrument rated
Advanced Open Water
Richard Humphrey's Education
University of Hawaii
Int'l business, International Finance
1989 – 1989
MBA, Economics, International Business
1985 – 1989
Studied at University of Hawaii - Manoa
Studied Abroad - NYU Europe program 1989
Richard Humphrey's Additional Information
Mentoring, Angel investing, New Technology, Personalized Air Transportation, Fundraising, Space Technologies
- Groups and Associations:
EO- Entrepreneurs Organization, New York Angels, Space Angles Network
- Honors and Awards:
2005 Featured in Business “Small Biz” cover story on managing growing pains. 2004 Finalist for Ernst & Young's Entrepreneur of the Year Award
2004 OC Business Journal -“Excellence in Entrepreneurism”
2004 OC Metro - “Young Business Star”
2003 Inc 500 CEO of one of the fastest growing private companies in America
Richard Humphrey's Honors and Awards
2011 Inc 500 CEOInc.
Contact Richard for:
- career opportunities
- consulting offers
- new ventures
- job inquiries
- expertise requests
- business deals
- reference requests
- getting back in touch