A Principal Builder at AI Fund, Abid works with our Founders in Residence and Venture Advisors to validate potential business ideas and rapidly build new companies.
With over a decade of entrepreneurial experience, Abid brings a broad set of business validation and building skills to the AI Fund. Most recently, he worked with the BARDA, the biomedical innovation unit within the Department of Health and Human Services (HHS). There Abid served as a strategic advisor and supported the HHS’s pandemic preparedness and response efforts. He was responsible for launching the organization’s first startup studio, which focused on launching new companies at the intersection of healthcare and national security. He also designed and launched numerous accelerator and incubator programs and worked with the participating founders on all aspects of their company build.
“Working with passionate founders is my favorite part of my job. Their passion is both contagious and inspiring,” he says.
“I have noticed that it’s often the founders who have strong conviction around the problem they are trying to solve, are the ones who have the grit and positivity to overcome the adversity that comes with building a startup. ”
Prior to BARDA, Abid was an entrepreneur himself, leading the product and business/finance functions at two startups. In both cases, Abid joined as an early employee pre-revenue and built the companies through their exits. At ZappRx, a digital health startup, he led product development from 0 to 1—coming in when the company was pre-revenue and building it up through its acquisition by Veradigm, an AllScripts company (NASDAQ: MDRX).
A founding team member at enterprise SaaS company ByteCubed, Abid helped lead the company to double-digit revenue growth before its acquisition by Intellibridge. Abid started his career working in finance, at KPMG and Baker & McKenzie, where he worked with Fortune 100 clients advising them in the areas of econometric modeling, international financial planning, and asset valuation.
Abid holds an MBA from Babson College and a bachelor’s degree in finance from the University of Massachusetts Dartmouth. In his spare time, he enjoys spending time with family and friends, traveling and being outdoors/active as much as possible.
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