Jason Corsello

FOUNDER & General Partner
 

I founded Acadian Ventures as a single “GP” (General Partner) fund in 2019.  After four years of doing corporate venture capital, the gravitational pull to start my own fund was irresistible.  I love working with companies in their earliest days when the decisions made will have a long-lasting effect on the evolution of a company.

At Acadian Ventures, I invest in early-stage technology companies.  I take a Michael Ovitz approach to investing — look at a lot of opportunities to sharpen my investment lens.  I plan to make four-to-six investments per year. I am fortunate to have some amazing investors (my Limited Partners) in the fund including founders and executives from market leading companies such as Workday, SAP SuccessFactors, Cornerstone OnDemand, and PeopleSoft (now Oracle).  

I’ve been a researcher, industry analyst, consultant and operating executive.  From 2011 to 2018, I was part of the executive team at Cornerstone OnDemand [NASDAQ: CSOD] as SVP of Strategy and Corporate Development.  There, I worked with amazing colleagues around the world. In seven years, we grew the company from 300 to nearly 2,000 employees and expanded the business from $50 million in ARR to more than $500 million in ARR.  In 2014, we launched the $30-million Cornerstone Innovation Fund, one of the first SaaS-based corporate venture capital funds, where we realized successful exits with Portfolium (acquired by Instructure), RallyTeam (acquired by Workday), and Workpop (acquired by Cornerstone).  My anti-portfolio at Cornerstone includes Glint, Gusto, and Degreed.

Before Cornerstone, I spent nearly five years doing management consulting for clients such as Nike, Dell, and Starbucks on HR transformation initiatives for a firm acquired by Alight Solutions.  Previously, I was an industry analyst for three years at Yankee Group Research, where I first learned how to size markets, assess product and technologies, and evaluate management teams. My early career is defined by delivering newspapers at 4 a.m., mowing lawns for $5 bucks a pop, and building retail displays for Henry Weinhard’s Brewing Company.  I am a life-long learner and a fan of Jeff Weiner’s compassionate leadership philosophy. I strive to be a respectable golfer, a better than average skier, and a world-class dad.

 

Our Guides

We are supported by limited partners, advisors, and mentors that bring product, technology, and operational expertise from market leading companies.

workday_logo_eps.png
Cornerstone-Background-Check-API-300x300.png
sap.png
salesforce_logo.png
ibm.png