Allan Benchetrit
Role: Associate
Site: CDL-Montreal
Stream: Supply Chain
Established business leader (2x CEO) and board director of deep tech firms including pioneering companies in AI computer vision, mobile video and mobile Internet. Proven ability in creating and executing strategic business plans, securing venture funding, recruiting a global leadership team and senior independent board members, enhancing brand equity, and fostering prosperous customer/partner relationships that have led to multi-million dollar commercial deals and M&A.
Most recently served as SVP, Transformation of Torc Robotics following its acquisition of Algolux.
Served as President & CEO of Algolux from 2014-2023, a globally recognized computer vision company addressing the critical issue of safety for automated vehicles. Algolux successfully executed commercial engagements with leading automotive OEMs and Tier 1/2 suppliers in North America, Europe and Asia. The company was also repeatedly recognized at industry and academic conferences and was named to the 2021 CB Insights AI 100 List of the world’s most innovative artificial intelligence startups. Algolux was acquired by Torc Robotics, an independent subsidiary of Daimler Truck.
Served as President & CEO of Vantrix from 2008-2012, leading its repositioning into mobile video network software. Oversaw the signing of several multi-million dollar global agreements with Tier 1 distribution partners, expansion into emerging markets and deployments in over 60 mobile network operators worldwide. Between 2004 and 2008, served as COO of Vantrix following the management buy-out of a software division of VoiceAge Corp., where he served as VP Sales and Alliances from 2003-2004. Vantrix was acquired by Like Minded Media Ventures.
From 2000-2003, served as VP Sales Americas for Wysdom, a software pioneer in Mobile Internet, during which time he signed several groundbreaking deals in mobile banking and telecom infrastructure. Between 1993 and 2000, held sales, marketing and business administration positions of increasing responsibility at Oracle and HP after being recruited out of business graduate school. During his time at HP, he was named to Americas LEAD program that sought to develop leadership capabilities in its high-performing / high potential professionals. He began his career as a software Account Manager at Dun & Bradstreet.
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