
The Founding Member at TheFunded.com
San Francisco Bay Area

The Founding Member at TheFunded.com
San Francisco Bay Area
Adeo Ressi is The Founding Member of TheFunded.com, an online resource for CEO's to research, rate, and review venture firms worldwide. TheFunded.com has two goals: streamline the fundraising process and encourage more innovation through venture investment.
Mr. Ressi also serves on the Board of the X PRIZE foundation, a non-profit chartered to inspire human achievements through competition, joining a recognized group of trustees that includes Larry Paige, Craig Ventor, Elon Musk, Ray Kurzweil, and Dean Kamen, among others.
Mr. Ressi hopes that TheFunded.com will inspire greater commercial innovation through investment and that the X PRIZE will inspire more radical breakthroughs through the Grand Challenges in space, healthcare, energy, and beyond. Adeo’s affable and honest business style has helped him to build and grow companies from inception to market leadership.
Digital Media, Technology Management, Product Development Lifecycles, Business Management, Strategic Planning, Execution of Stated Goals and Objectives
(Privately Held; Venture Capital & Private Equity industry)
March 2007 — Present (1 year 7 months)
An online resource for CEO's to research, rate, and review venture firms worldwide. Over 3,700 CEO's are Members and over 200 venture firms have built Certified Profiles, creating a transparent marketplace for venture fundraising.
(Non-Profit; 11-50 employees; Defense & Space industry)
August 2001 — Present (7 years 2 months)
The X PRIZE foundation inspires dramatic social change through competition. The original $10 MM Ansari X PRIZE was awarded to Paul Allen and Burt Rutan for building a lightweight sub-orbital space craft capable of carrying three passengers into space twice in two weeks. The foundation is currently pursuing additional space prizes, a $10 MM prize in genomics, and various sustainability prizes, including a forthcoming automotive prize. Mr. Ressi serves on the Compensation and Recruiting Committee, as well as holding the Chairman position for the Strategic Planning Committee.
(Privately Held; 11-50 employees; Computer Games industry)
February 2002 — October 2007 (5 years 9 months)
Game Trust has developed the leading enterprise software platform to power community and ecommerce applications in online casual games. As CEO, Mr. Ressi secured $15 MM in venture capital and acquired two companies to build Game Trust, which currently has over 25 game development partners authoring content for the platform and over 30 platform licensees, including large annual licenses with Viacom and AOL.
(Privately Held; 11-50 employees; Management Consulting industry)
2000 — 2002 (2 years)
Mr. Ressi founded Sophos Partners in 2000, a venture consulting and turnaround firm with partners in New York, Boston, Sao Paulo, and Tokyo. At Sophos, Mr. Ressi forged relationships with a dozen venture capitalists to assist with corporate growth and turnaround opportunities, and he acted as interim CEO of EBusiness.com, an idealab company.
(Privately Held; 201-500 employees; Information Technology and Services industry)
1995 — 2000 (5 years)
Mr. Ressi founded methodfive in 1995, a strategic web development firm focused exclusively on the media and entertainment industry. methodfive developed strategies and systems for global media companies including The New York Times, The BBC, NewsCorp, The Economist, Scripps and Fox Networks. As CEO, he secured a $2 million investment from PricewaterhouseCoopers and grew the company to 250 employees worldwide, selling the company to Xceed for $88 million in 2000.
(Public Company; 1001-5000 employees; Information Technology and Services industry)
2000 — 2000 (less than a year)
Mr. Ressi was Chief Strategy Officer of Xceed in 2000, the NASDAQ-listed web architecture and design firm with over 1,000 employees worldwide. At Xceed, he oversaw the filing of a secondary stock offering, organized complimentary service offerings across 13 offices worldwide, and developed the first intra-company financial projections.
(Privately Held; 51-200 employees; Online Media industry)
1994 — 1995 (1 year)
Mr. Ressi was a founder of Total New York in 1994, one of the first advertiser-supported web media and entertainment properties. Total New York preceded the existence of the World Wide Web. The property was later sold to AOL and Tribune Media, becoming AOL Digital Cities.
Economic Models for Societal Change, Space Exploration, Technology. Innovation, Sustainable Living
The Casual Game “Group,” The Planetary Society, The Mars Society
Billboard Downloadable Game of the Year, "Shroomz" (1995)