Stream: Artificial Intelligence
As president and managing partner, Jean Schmitt has driven Jolt’s vision and led its development since 2012. The impetus behind the founding of Jolt was Jean’s realization that the best risk-adjusted returns typically come from late-stage and growth rounds in companies that no longer face technology risk. Prior to founding Jolt Capital, Jean was a managing partner at Sofinnova Partners, where he ran the IT practice with a focus on telecom and wireless markets. Preceding his career as an investor, Jean was the CEO and founder of four companies with successful exits, including SLP InfoWare, which he sold to Gemplus (now Gemalto) in 2000 for $60M and then became the vice president of Telecom Solutions & Applications for the larger group. Jean graduated from Telecom ParisTech and has a post-graduate degree in artificial intelligence. He is a senior lecturer at Telecom ParisTech and HEC Paris, a former chairman of the International Venture Club and a member of Henkel’s Henkel X mentorship program.