Photo of Jim Gagnard

Jim Gagnard

Operating Partner

From 2011 until today, Jim has been the Chairman of the Illinois Technology Association, as well as the Managing Director at Chapelle Capital. In his role as the Chairman of the ITA, Jim worked with the Executive Committee, the Board of Directors, and the CEO to position the association to fully support technology and growth companies in the Midwest. In his capacity as the Managing Director of Chapelle Capital, Jim invested in, and provided consulting services for, early stage and growth stage technology companies focused on the IoT and Data Analytics sectors.

Before the ITA and Chapelle Capital, Jim was the Chairman and CEO of SmartSignal Corporation from 2004 to 2011. Jim worked quickly to reduce the company's target markets from five to two, shifted product focus, and streamlined the sales process. During his tenure, Jim grew the company's revenue from $6 million in 2004, to $24 million in 2011. To reach this goal, Jim successfully expanded distribution into the EU, launched three new products, and established strong partnerships with large technology players, including IBM and OSIsoft.

From 2003 to 2004, Jim was the President and CEO of Questra Corporation, a business-process consulting company. Jim was hired specifically to convert the business to a software and services company. Before Questra, Jim attempted to save Launchpoint in 2001 to 2002, but due to the structural issues with the company, it was sold to an ABC organization and closed down.

Prior to Launchpoint, Jim spent a couple of years doing consulting work under Greenwich Consulting. From 1995 to 1998, he was the President and CEO of Diffusion, Inc., repositioning the business from an internet, multi-channel information delivery application into a real-time CRM application provider focused on financial services organizations. After raising $12 million in venture funding and closing 30 customer deals, including Bank of America, BankOne, First Union Bank, WIT Capital, GTE, and SmithKline Beecham, Jim successfully sold the business to Vignette in a $40 million transaction. This purchase price reflected an enterprise value of $115 million.

Jim previously served as President and CEO of Trinzic Corporation, successfully merging Aion Corporation and AICorp. The company was eventually sold to Platinum Technology for $240 million in stock.