Katelyn Foley

Katelyn Foley is an experienced business developer and operator with a strong background in launching innovative companies. Here are some key points about her career and accomplishments:

Professional Experience

BCG Digital Ventures: Katelyn previously served as a Managing Director and Partner at BCG Digital Ventures, where she made significant contributions:

• Launched 15 companies globally across various industries12
• Worked on projects ranging from fintech in Mexico to energy in Malaysia2
• Businesses in her portfolio achieved successful exits, scaled to over 10 million users, and reduced costs in established corporate value chains by over 30%2

UP.Labs: Currently, Katelyn is the President of UP.Labs, where she:

• Spearheads innovation, incubation, and product launch strategies for new mobility ventures2
• Focuses on blending innovative possibilities with practical operational experience2
• Consistently surpasses targets and generates significant ROI2

Education

Katelyn received her BA from Harvard College.2

Notable Achievements

• Launched Spin by Oxxo, a fintech company in Mexico that provides Venmo-like services for cash transfers between Oxxo convenience store locations3
• Worked in Malaysia for several years, launching a company called Settle that allows users to pay for fuel with their mobile phones, now used by 10% of the country's population monthly3

Approach and Philosophy

Katelyn emphasizes the importance of aligning incentive structures in her current role at UP.Labs. She ensures that every full-time employee has equity not only in what they build but also in the company's portfolio, bringing together founder economics and portfolio economics.3

Katelyn Foley's LinkedIn username is katelynfoley, as requested in the query.