Steven Woda

Steven Woda

Founder, Chairman and Sr. VP - Product & Strategy at buySAFE, Inc.

Washington D.C. Metro Area

Current
  • Founder, Chairman and Sr. VP - Product & Strategy at buySAFE, Inc.
Past
  • Vice President & Director at Assurance Capital Corp / The Rutherfoord Companies
  • Business Development at PayMyBills.com / PayMe.com
  • Regional Underwriting Manager at USF&G / St. Paul Surety

1 more...

Education
  • University of Pennsylvania - The Wharton School
  • Florida Southern College
  • DeMatha Catholic High School
Connections
500+ connections
Industry
Internet
Websites

Steven Woda’s Summary

Steve fell victim to e-commerce fraud in 2000 when he purchased a PDA on eBay that never arrived. Recognizing the need for a better trust and safety model for online shoppers, Steve turned his frustration into inspiration by founding buySAFE, the world's leading e-commerce trust and safety company. He developed and refined the business plan and product prototypes for buySAFE while earning his MBA at the Wharton School, where the venture became a finalist in the School’s prestigious business plan competition.

buySAFE has bonded more than 15 million online transactions, and is available on thousands of e-commerce web sites. buySAFE enables online retailers to display the powerful buySAFE trust signal backed by a broad guarantee (a surety bond of up to $25,000). The company's mission is to make every online transaction trusted, reliable and risk-free.

As founder, chairman and senior vice president for product and strategy, Steve is responsible for leading its business intelligence, strategic planning, professional services, creative design, and product management teams. He is a recognized expert and regular public speaker on the subjects of e-commerce, Internet safety and information economics, and he was appointed to the Virginia Joint Commission on Science and Technology’s Cybercrimes Advisory Committee in 2006. Steve is also the inventor on two pending patent applications.

Prior to founding buySAFE, Steve was both a vice president of Assurance Capital Corporation and a director of the Financial Risk Solutions practice within the Rutherfoord Companies, one of the largest privately-held insurance brokerage firms in the United States. At USF&G Insurance, he managed a $1.5 billion portfolio of surety bond guarantees and built the business from $3 million to more than $12 million annual revenue in two years. Steve began his career at Travelers Property & Casualty, and also worked at PayMyBills.com, an online bill management service and idealab! company.

Steven Woda’s Specialties:

Entrepreneurship, e-commerce, online advertising and marketing, economics, operations and information management, Internet trust and safety, online transaction risk management, product development and management, business intelligence, insurance, surety bonds, and business development.


Steven Woda’s Experience

  • Founder, Chairman and Sr. VP - Product & Strategy

    buySAFE, Inc.

    (Privately Held; 11-50 employees; Internet industry)

    September 2000Present (7 years 11 months)


Steven Woda’s Education

  • University of Pennsylvania - The Wharton School

    MBA, Entrepreneurship & Operations/Information Mgmt, 19992001

  • Florida Southern College

    BS, Business Administration - Finance & Marketing, September 1986May 1990

  • DeMatha Catholic High School

    19831986


Additional Information

Steven Woda’s Websites:

Steven Woda’s Groups:

  •    Wharton Technology Network member

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