Scott Friend

Scott joined Bain Capital Ventures as a Partner in 2006 after selling the company he co-founded, ProfitLogic, to Oracle. ProfitLogic was the leader in the world of retail analytics and price optimization solutions. Through the experience of building ProfitLogic from its initial three founders to a 300-person global software and solutions business serving the retail industry, Scott had the opportunity to get to know many of the most influential executives in the retail and apparel brand world. Not surprisingly, Scott’s areas of investment interest since joining BCV have revolved around the retail ecosystem, both online and offline as well as the convergence of the two, and he finds himself splitting time between New York City and Boston. Before Bain Capital Ventures, Scott was Chairman of the Executive Advisory Board and VP of Marketing & Science for Oracle Retail. Before its acquisition by Oracle in 2005, Scott was the President and co-founder of ProfitLogic which was a Bain Capital portfolio company. In 2005, Scott was named a winner of the Ernst & Young “Entrepreneur of the Year Award” in New England. Scott was also honored in 2004 as one of Chain Store Age’s “40 Under 40” most influential executives in the retail industry, and in 2006 received the Extended Retail Industry “Lifetime Achievement Award.” Before ProfitLogic, Scott held positions at Learning Sciences Corporation, an early pioneer in the e-learning space, The Parthenon Group, a management consulting firm, and IBM, where Scott’s customers were major retailers. Scott received an MBA, with distinction, from Harvard Business School and a BA, magna cum laude, in Electrical Engineering and Economics from Brown University. At Brown, Scott was captain of the Men’s Varsity Tennis Team and he continues, despite the futility of his efforts, to be a big supporter of Brown Athletics.