The Borealis Aurora
Meet Jesse Devitte, someone who can fuel your flights of entrepreneurial fancy.
“We provide the complementary skills that make it happen,” says Devitte, 50, who manages the Borealis venture capital fund out of Hanover and Concord. “Like recruiting people,” says Devitte, who helps entrepreneurs get past the chief cook-and-bottle-washer stage and get others working with and for their dreams. The Borealis Fund, now in its fifth year, has funded 12 ventures.
“Three of them have been acquired by much larger companies, which is a sign of success in the investment business.” Two Dartmouth professors started Glycofi Company six years ago and recently sold it to Merck for $400 million (see fellow “It Listers” Tillman U. Gerngross and Charles E. Hutchinson).
“It was a good day for Borealis and our investors,” says Devitte.
New Hampshire Magazine knows where “It” is at. Each November, we identify the state’s most happening people and publish their names and profiles in our annual “It List.”
So what defines an “It” Person?