Jai Jung Kim

Jai Jung Kim is a prominent figure in the business and startup ecosystem, currently serving as a member of the Board of Directors at SpendLab. He is also the Chief Business Officer at Rho Business Banking, where he drives growth and expansion initiatives.

Professional Background

Kim has an extensive background in entrepreneurship and investment. He co-founded Hydrant Inc., a health and wellness company, where he played a crucial role in securing funding and scaling the business. Under his leadership, Hydrant raised significant capital, including $5.7 million in Series A funding without a traditional pitch deck, showcasing innovative fundraising strategies.12

Before his tenure at Rho and Hydrant, Kim held various positions in venture capital and consulting. He worked as an Investment Professional at Pear VC and served as Vice President at Accretive, a venture studio that develops companies from inception. His earlier career included roles as an Associate at Cerberus Capital Management and a Business Analyst at McKinsey & Company, where he gained substantial experience in strategic consulting.1

Education

Kim holds a Master of Business Administration from The Wharton School and a Bachelor of Business Administration in Finance and International Business from The George Washington University School of Business.1

Current Involvement

At SpendLab, Kim is involved in leveraging AI technology to enhance accounts payable audits and recovery processes for global businesses, reflecting his commitment to innovation in financial technology.34