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Scott Friend
Partner at Bain Capital Ventures, Board Member, and Experienced Investor
Scott Friend is a Partner at Bain Capital Ventures, where he has been since 2006. He co-founded ProfitLogic, a retail analytics company that was acquired by Oracle, and he transitioned into venture capital after this successful exit. At Bain Capital Ventures, Scott focuses on investments in retail and technology sectors, particularly those that enhance e-commerce and marketing capabilities.
Background and Education
Scott received his BA in Electrical Engineering and Economics, graduating magna cum laude from Brown University. He later earned an MBA with distinction from Harvard Business School. His early career included roles at IBM, The Parthenon Group, and Cognitive Arts, where he gained valuable experience in marketing and consulting before founding ProfitLogic in 1998.1236
Achievements and Investments
Scott has been recognized for his contributions to the retail industry, receiving the Ernst & Young “Entrepreneur of the Year Award” in New England in 2005 and being named one of Chain Store Age’s “40 Under 40” in 2004. His investment portfolio includes notable companies such as Rent the Runway, Mirakl, and Attentive, reflecting his deep expertise in the retail technology space.1245
Current Role
In his role at Bain Capital Ventures, Scott not only leads investments but also serves on the boards of several companies, helping to guide their strategic direction. His work emphasizes the importance of data and technology in driving retail innovation, a perspective shaped by his experience at ProfitLogic and his ongoing investments in the sector.36