Washington, D.C., Dec. 17, 2013 – 1776, a startup incubator platform based in Washington, D.C., today announced the appointment of Steven Graubart, CFA, as its new Chief Financial Officer. As CFO, Graubart will be responsible for strategic financial oversight of all aspects of 1776. Graubart brings both a wealth of experience and a unique vantage point to the position, having previously acted as CFO for companies undergoing major growth and transformation. He has worked in the U.S. and internationally with companies ranging from startups to complex organizations across varied sectors, including education and financial and business services.
“We are thrilled to have him join the 1776 team as his fantastic background is uniquely suited for all of the elements of our long-range vision,” said Donna Harris, cofounder of 1776. “We knew it would be difficult to find someone who is familiar with high growth startups, has worked in a high growth entrepreneurial venture, knows how to run a school and operate a physical campus, and knows what it takes to run a venture fund, as well as someone who understands our industry focuses and our global vision, but we found it in Steve.”
Cofounder Evan Burfield added “I have known Steve for over 15 years and he has a reputation for excellent financial management, strong analytical capabilities, and creative deal structuring and problem solving. I am pleased that he joined our team to support our growth plans and to better serve our members.”
Previously, Graubart was Managing Director of Finance of UDC, serving as the financial leader of the University during a period of major transformation. He was Cofounder and EVP/CFO of IMA Ltd, a developer and operator of Caribbean BPO/call center companies, CFO of Investor Responsibility Research Center (acquired by ISS/RiskMetrics) and Prometheus (acquired by Blackboard). He was Partner and Managing Director of Calvert Ventures, a pioneer in the area of Impact Investing. He was a Senior Manager at Ernst & Young and has served as a consultant to organizations such as the World Bank, numerous US and foreign government agencies, and many local DC technology companies.
Graubart is a holder of the Chartered Financial Analyst award and a graduate of the Fletcher School of Law and Diplomacy and SUNY Stony Brook, where he achieved a BA in economics. He serves on the Board of Directors of Goodweave, a nonprofit addressing child labor in South Asia.
1776 is a major initiative focused on helping entrepreneurs seeking to reinvent our lives as citizens. Located just blocks from the White House, 1776 convenes, incubates, and accelerates startups from around the world by connecting them to the political, intellectual, social and financial capital that make Washington, DC unique. Visit www.1776dc.com or @1776dc for more information.