Andy Rachleff is a co-founder and Executive Chairman of

Wealthfront Wealthfront Inc. is an automated investment service firm based in Palo Alto, California, founded by Andy Rachleff and Dan Carroll in 2008. As of September 2019, Wealthfront had $21 billion AUM across 400,000 accounts. History Wealthfront was fo ...

. He had previously been the executive chairman of the company after stepping down as the

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

, but then returned to the CEO role on October 31, 2016. Rachleff co-founded

Benchmark Capital Benchmark is a venture capital firm based in San Francisco that provides seed money to startups. History The firm's most successful investment was a 1997 investment of $6.7 million in eBay for 22.1% of the company. In 2011, it invested $12 mill ...

in 1995 and was a general partner until 2004. Prior to Benchmark, Rachleff was a general partner with Merrill, Pickard, Anderson & Eyre.

Career

Rachleff co-founded

, a venture capital firm, in 1995. The firm invested in companies including

eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became ...

, OpenTable, Snapchat, Twitter and Uber. Rachleff led investments in

Blue Coat Systems __FORCETOC__ Blue Coat Systems, Inc., was a company that provided hardware, software, and services designed for cybersecurity and network management. In 2016, it was acquired by and folded into Symantec. In 2019 was, as part of Symantec Enterprise ...

Equinix Equinix, Inc. is an American multinational company headquartered in Redwood City, California, that specializes in Internet connection and data centers. The company is a leader in global colocation data center market share, with 240 data center ...

and

Juniper Networks Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers, switches, network management software, network security products, ...

. In 2000, Rachleff joined the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universit ...

Board of Overseers for the school of engineering. He retired from Benchmark Capital in late 2004 and began teaching technology entrepreneurship courses at

Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford GSB) is the Postgraduate education, graduate business school of Stanford University, a Private university, private research university in Stanford, California. For several years it ...

in January 2005. In 2005, he also joined the University of Pennsylvania board of trustees where he is the Chairman of the university's endowment investment committee and a member of the executive committee. Rachleff and his wife, Debra, partnered with the Damon Runyon Cancer Research Foundation in 2007 to fund novel cancer research projects that did not receive funding from the

National Institutes of Health The National Institutes of Health, commonly referred to as NIH (with each letter pronounced individually), is the primary agency of the United States government The federal government of the United States (U.S. federal government or U ...

. In 2008, Rachleff co-founded Wealthfront (formerly known as kaChing). In December 2011, the company launched its automated investment service. Rachleff was the

and president until Adam Nash succeeded him on January 1, 2014. He returned to the CEO role on October 31, 2016 and currently serves as CEO and executive chairman of the company. Rachleff teaches courses on technology entrepreneurship at

. He is a trustee of the

, chairman of the board of overseers for its School of Engineering and Applied Science and vice chairman of its endowment investment committee. He is also a board member of the Damon Runyon Cancer Research Foundation. Rachleff has a BS from the

Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...

of the

and a MBA from Stanford University.

References

{{DEFAULTSORT:Rachleff, Andy University of Pennsylvania alumni Stanford Graduate School of Business alumni American chief executives Living people Year of birth missing (living people)