Scott Albert

Professor of the Practice at Kenan-Flagler Business School

Schools

  • Kenan-Flagler Business School

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Biography

Kenan-Flagler Business School

Scott Albert has over 30 years of venture capital and operating experience, primarily working with early stage and growth companies. He is a Professor of the Practice at the Kenan Flagler Business School where he teaches Business Plan Analysis and StartUp-UNC. He is also a Venture Partner with both The Aurora Funds, Inc. (Aurora), and with CoFounders Capital, both venture capital firms in the Research Triangle Park, North Carolina.

Mr. Albert was a founding General Partner of Aurora in 1994 and heads the Technology practice. Aurora manages nearly $250 million across five venture funds and focuses on seed and early stage financings across a broad industry mix of technology and life sciences companies. The firm has invested in over 60 companies throughout the United States. Aurora investments that Mr. Albert has been involved in include Accipiter, Inc. (acquired by CMG), Blackboard, Inc. (NASDAQ: BBBB, acquired by Providence Equity Partners), Dataflux Corporation (acquired by SAS), Porivo Technologies (acquired by Gomez), Unitrends Corporation (acquired by Insight Venture Partners) and StrikeIron, Inc. (acquired by Informatica.) He also has operating experience as the CEO of a venture backed healthcare services company and as the CEO for almost 2½ years of one of Aurora’s early portfolio companies, Centice Corporation.

He is also an Entrepreneur-in-Residence at Launch Chapel Hill, a university/business accelerator associated with UNC-CH. In addition, Mr. Albert is an Advisor to several early stage companies, including Altis BioSystems; Fixional, Inc.; Hearful; and WalletFi, Inc.

Mr. Albert is a Mentor for the Melissa & Doug Entrepreneurs Program, affiliated with Duke University, where he mentors undergraduate entrepreneurial teams. And he is an Advisor for the Adams Apprenticeship program affiliated with UNC-CH. Prior to founding Aurora, Mr. Albert was a General Partner at Criterion Venture Partners in Houston Texas; and an Associate at Golder, Thoma Cressey in Chicago; and an Associate at Booz, Allen and Hamilton in Chicago and New York. He has a B.S. in Electrical Engineering from Duke University and an MBA from the University of Chicago.

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