Canal Partners, a Scottsdale, Ariz.-based venture capital firm, appointed David Paul as a partner.
In this role, Paul will lead the charge on deal sourcing, executing due diligence on potential investment opportunities, participate on the board of directors of certain portfolio companies, and provide portfolio support and governance.
Prior to joining Canal Partners, he served as director of DWP Investments, and as an investor in residence at Tallwave Capital.
Paul was also the founder and CEO of South Florida Home Care, a boutique home care and geriatric care management agency. He sold the company in 2016 to a national strategic buyer- Home Care Associates.
Paul holds an MBA from Northeastern University, with a specialization in entrepreneurship and innovation, and a bachelor of science in Human Services from Springfield College. He is also the founder of Sunsets and Seagrapes, an annual fundraiser for the New Day Adult Care Center in South Florida.
Led by Todd Belfer, managing partner, Canal Partners makes investments in B2B software and internet technology companies that have market-proven products and services. With offices in Phoenix, Atlanta, and San Diego, the firm works with select portfolio companies, actively participating in board, advisory, strategic, and support roles to increase scalability, financial stability, and shareholder value.