David Tepper
David Tepper is currently Co-founder and CEO at Ascerta, and holds leadership roles at Appaloosa Management, Carolina Panthers, Tepper Sports & Entertainment, and Pay-i Inc. He founded Appaloosa Management, Pay-i, and Tepper Sports & Entertainment, all of which are still running.
Efficient Computer Raises $97M Series B at $650M Valuation; Outmarket AI Secures $34.5M Series B After Reaching 10,000 Users
A roundup of recent VC deals: Efficient Computer raised $97M Series B at a $650M valuation to scale its energy‑efficient data‑flow processors; Outmarket AI raised $34.5M Series B after reaching 10,000 users; Ascerta and ArkeaBio also announced funding along with other investors.
Pay-i Founder David Tepper Wins GeekWire’s AI Startup Pitch Competition with Advanced AI Spend Management Platform
At GeekWire’s Agents of Transformation event in Seattle, four AI startups—Pay-i, Cascade, Autessa, and GemaTEG—pitched their ideas to a panel of judges, with Pay-i founder David Tepper winning for his AI spend management platform that accurately tracks AI costs beyond token usage. Judges praised Tepper for his strong presentation skills and ability to answer questions under pressure.
Pay-i announces $4.9M seed round as Bellevue startup launches ROI platform for generative AI
Bellevue-based Pay-i, an intelligence platform that measures returns from generative AI investments, announced it is coming out of stealth with $4.9 million in seed funding and is now generally available across major cloud providers and models. The September 2023-founded startup — led by co-founders David Tepper, Doron Holan and Erik Winters — will use the funds to accelerate product development and expand enterprise adoption.
Microsoft Veterans’ Startup Pay-i Raises $4.9M to Quantify ROI of Generative AI Investments
Seattle startup Pay-i, founded by Microsoft veterans, raised $4.9 million to develop software that measures the ROI of generative AI initiatives by linking usage data to business KPIs. The company aims to provide real-time insights on AI value creation and projects over $2 million ARR by 2026.
Organizations
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Pay-i Co-founder and CEO 2024–present, Executive Officer, Director 2023–present · current
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Appaloosa Management Founder · current
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Carolina Panthers Owner · current
Education
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University of Washington Bachelor's degree, Computer Science · 2004–2008
