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Joanna Oliva
create-x@gatech.edu
Summary Sentence: Find out the Entrepreneur's Secret Sauce: Creating successful startups with GA Tech grad Tripp Rackley
Full Summary: No summary paragraph submitted.
deep startups tripp rackleyFind out the Entrepreneur's Secret Sauce: Creating successful startups with GA Tech grad Tripp Rackley
5:30 - 6 p.m. Networking
6 - 7 pm Presentation
During this session of Deep Startups, Rackley will discuss how to go from idea to conception to a successful business. In 25 years, Rackley has founded 4 successful startups in multiple industries including mobile technology, automotive, event and sports technology, and banking. He is currently the CEO of Kenzie Lane Innovation, a company that builds technology companies from the ground up.
About Tripp Rackley:
Tripp Rackley is a true visionary and consummate inventor. Over the past 20 years,
he has founded and scaled multiple businesses spanning a variety of unique
industries including financial services, payments, sports and entertainment, as well
as automotive. Rackley’s technology has been implemented by thousands of
partners and used by millions of consumers nationwide.
With an initial focus on financial services, Rackley founded nFront, Inc., the pioneer
of Internet banking. nFront provided consumer and business banking for thousands
of financial institutions nationwide. Rackley took nFront public in June of 1999. The
company later merged with Digital Insight in 2000, creating over $800 million in
value for nFront’s shareholders. Ultimately, the company was sold to Intuit in 2007
for $1.35 billion and then to NCR in 2014 for $1.65 billion.
In 2005, Rackley again pushed the boundaries of financial services, technology and
innovation by founding Firethorn, the first mobile payments company. Firethorn
struck up partnerships with the two largest carriers, AT&T and Verizon Wireless, to
deliver mobile payments to the consumer market. Firethorn was sold to chip giant
Qualcomm in November of 2007 for $210 million.
Rackley’s third company, Experience, founded in 2011, is an award-winning mobile
technology company that empowers fans to personalize their live event experience.
Experience was selected as the winner of the Sports Business Award in 2014 for Best
in Sports Technology and in 2016 for Best in Mobile Fan Experience. The company
was acquired by Cox Enterprises in 2014.
Rackley also founded Clutch Technologies, a software platform that enables vehicle
subscription for the automotive industry. Today, Clutch is powering subscription
access for dealer groups and OEMs across the country. Cox Automotive acquired
Clutch in 2018.
Tripp Rackley has been honored with various Awards over the years
including:
• John Imlay Leadership Award Recipient, 2018
• TAG FinTech Hall of Fame Inductee, 2018
• Significant Sig Award from Sigma Chi International Fraternity, 2013
• Technology Hall of Fame of Georgia Inductee, 2011
• MIT Distinguished Entrepreneur Achievement Award, 2010
• TechAmerica; Entrepreneur of the Year, 2008
• Bank Technology News Innovators Hall of Fame; Banking Top Innovator, 2007
• TechAmerica; Spirit of Innovation, 2007
• Ernst & Young Technology Entrepreneur of the Year, 2000
• Georgia Institute of Technology Engineering Hall of Fame, 2000
Food will be served.
