JoeAllegra

General Partner

Office Location:
Lawrenceville, NJ
Email:
jallegra@edisonventures.com
Phone:
609-873-9204
“Of course we focus on high valuations and successful exits. But in the end, I value the relationships I've gained even more.”

A Rutgers Scarlet Knight at heart, Joe has continued to succeed in the state of New Jersey, receiving the NJTC Technology Supporter Award in 2003.

As former CEO of Princeton Softech, Joe guided the company to $40M revenue and recognition on INC. 500 list of fastest growing companies. 

Joe channels his inventive spirit when leading the New Jersey investment team. Having been a finalist for Ernst & Young Entrepreneur of the Year himself, he understands the drive and passion necessary for building business.

General Partner Joe Allegra directs Edison's regional investment team in New Jersey, actively leading investments in wireless applications, interactive marketing, enterprise and systems software.

As a board member, Joe contributes marketing, sales, technology and general management expertise from two perspectives—as a seasoned software industry professional and as an entrepreneur. 

He is a frequent speaker at regional financing, technology, and entrepreneurial events, and serves on the Board of Directors for the New Jersey Technology Council as well as holds membership with the New Jersey Angel Network.

Prior Experience

Joe was co-founder and CEO of Princeton Softech, a rapidly growing, profitable company that developed and marketed database products to Fortune 1000 companies. Under his guidance, Princeton Softech realized $40M revenue and was twice named to the INC. 500 list of fastest growing companies.

Prior to Princeton Softech, Joe was VP of R&D for Computer Associates, following its acquisition of Applied Data Research. As Product Manager, he led product support and headed R&D for 12 years. Joe has also provided strategic consulting services to several technology companies throughout his career. 

Joe was awarded the New Jersey Technology Council (NJTC) Technology Supporter Award in 2003, and was also a finalist for Ernst & Young Entrepreneur of the Year. He co-founded the Software Association of New Jersey and served as Chairman of the New Jersey Technology Council, as well as led the initial financing for NJTC Venture Fund.

Other Investment Experience

Derivatives Portfolio Management; MDY; VirtualEdge 

Education

BA, Economics & Computer Science, Rutgers University

MBA, Information Systems, New York University, Stern School of Business

For small tech companies to be successful against larger competitors, they need to provide products and support services that are much better than those competitors. How can they do this with fewer resources? By assembling small teams of talented and dedicated people. As an entrepreneur and a venture investor, I have led and been part of teams that were able to overcome enormous obstacles on the path to success. I firmly believe that great companies are the result of great teams working together to achieve shared goals.