CEO, SEEDFUNDERS, ST. PETERSBURG
Chitester is a successful entrepreneur who has a bachelor’s degree in civil engineering from the University of Pittsburgh and an MBA from Northern Michigan University.
He founded and sold Chitester Management to a public company in New Jersey, and then RedVector, which he sold to a team led by a Tampa Bay venture capital firm. He went on to found the Tampa Bay investment firms Florida Funders and Seedfunders. In 2019, he received the 2019 TiE Tampa Bay Angel Investor TiETAN Award for his efforts in changing the Tampa Bay startup landscape.
His goal, he says, is “diversifying the economic base from tourism and real estate to high tech to create high-paying jobs for the college grads to stay here and grow the economy.”
Florida Funders, founded in 2013, employs 12 and makes investments in early-stage companies throughout the state. It has more than 1,400 members who are all accredited investors. Seedfunders, founded in 2017, has 35 partners. Most of the companies funded by Seedfunders are pre-revenue tech entities that would not have survived the period between friends and family investment and venture capital investment without the Seedfunders funding.
Chitester, a runner, is also a dedicated cook and says he once prepared 300 different dinners in a calendar year.