President & CEO
Transcepta is an intelligent procure-to-pay platform that enables Accounts Payable and Procurement teams to achieve 100% straight-through invoice processing across their supply chains, without scanning or OCR Imaging. Using artificial intelligence, the platform eliminates invoice exceptions, surfaces potential supply chain disruptions, and transforms the way that enterprise organizations manage and collaborate with suppliers. Since 2005, the world’s most respected companies have partnered with Transcepta for eProcurement and accounts payable automation to make informed, data-driven decisions, and drive increased profits.
Vice President, Operations
Vice President, Solutions
Vice President, Corporate Strategy
Board of Directors
Chairman of the Board
Dave is an early stage venture capitalist with a hands-on background in technology. An entrepreneur for over 40 years, he formed and managed successful businesses in the entertainment and software arenas, and is a respected technology industry leader and spokesperson. Active as investor or board member in a total of 54 early stage companies since 1993, he was recognized as “2000 Director of the Year – Early Stage Businesses” by the Forum for Corporate Directors of Orange County, CA and as “2001 Businessperson of the Year” by his alma mater, Occidental College. Dave is also a former Advisory Board member of Unisolve, where he worked with Ray Parsons and Dave Eggert for many years.
Dan has over 30 years of investment experience investing in private and public entities. His focus has been private and public real estate investments, banks, health care and technology related companies. Currently a member of the venture capital investment group Tech Coast Angels, Dan continues to be an active investor in the public and private equity markets. In 1985, Dan founded his own real estate development and investment company. He has successfully developed and/or invested in retail, industrial, office and residential projects. Today his company owns and manages a portfolio of investment properties for his own account.
Chris Smith is a technology entrepreneur who has founded, launched and grown companies in partnership with private equity, venture capital and private investors. Chris is currently CEO of Detechtion Technologies, which provides optimization software to the energy industry. Prior to Detechtion, as CEO of CygNet Software, Chris led the company through a period of growth which resulted in a successful exit to Weatherford International. Over the past 20 years he has led numerous technology companies which serve the energy and manufacturing industries.
President and CEO – Member, Board of Directors
Ray is responsible for the overall success of Transcepta. He has led technology organizations for over 20 years including successfully building and selling a software company (Unisolve) to Microsoft. After selling Unisolve in 2001, Ray became the General Manager for Microsoft’s worldwide Supply Chain Management initiative. Ray also served as the General Manager for the Microsoft Business Network, a research effort targeted at identifying ways that companies could simplify their electronic document exchange.
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