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Laurence "Lo" Toney is the Founding Managing Partner of Plexo Capital, a venture capital firm based in San Francisco, California. Before launching his own fund, he served as the Global General Manager at Nike.com and held the position of Director and General Manager for eBay Collectibles, where he oversaw a division generating $3 billion in annual transactions. Toney also worked as the General Manager of Zynga Poker, managing the product's profit and loss while driving a 150% increase in web bookings. He began his career as a consultant at PwC and later earned an MBA from the UC Berkeley Haas School of Business after receiving his undergraduate degree from Hampton University. Drawing on more than two decades of operational experience, Toney currently focuses on seed-stage venture capital investments across the consumer internet, e-commerce, and gaming sectors.
Laurence (Lo) Toney stands as a prominent figure in the venture capital landscape, serving as a Managing Partner at Plexo Capital. At Plexo, Lo Toney plays a pivotal role in shaping the firm's investment strategy, which is uniquely focused on backing early-stage technology companies founded by diverse entrepreneurs. His commitment to fostering inclusivity within the tech ecosystem is a cornerstone of Plexo Capital's mission, aiming to unlock innovation from underrepresented communities.
Lo Toney's investment focus areas are broad yet strategic, typically spanning sectors such as enterprise software, fintech, consumer technology, and digital health. He seeks out companies with strong product-market fit, scalable business models, and visionary leadership. His expertise lies in identifying disruptive technologies and supporting founders through critical growth stages, leveraging his extensive network and operational insights to help portfolio companies thrive.
Before co-founding Plexo Capital, Laurence Toney built a distinguished career marked by both entrepreneurial success and significant contributions to the venture capital world. He previously served as a Partner at Google Ventures (GV), where he led investments and provided strategic guidance to a diverse portfolio of startups. This experience at one of the industry's leading venture firms honed his ability to spot potential and navigate complex market dynamics. Prior to GV, Lo Toney was a serial entrepreneur himself, having founded and successfully exited multiple technology companies. Notably, he founded Doodle Labs, a mobile gaming company, and Tecca, a consumer electronics review site, demonstrating his deep understanding of product development, market entry, and scaling businesses from the ground up. His background as an operator gives him a unique empathy and perspective when working with founders.
Through Plexo Capital, Lo Toney continues to make a substantial impact on the tech industry. The firm's portfolio reflects his dedication to backing innovative companies that are not only poised for financial success but also contribute to a more equitable and diverse entrepreneurial landscape. While specific individual investments are often part of a firm's collective effort, Lo Toney's influence is evident in Plexo's commitment to supporting founders who bring fresh perspectives and solutions to market challenges. His leadership ensures that Plexo Capital remains at the forefront of investing in the future of technology, driven by a belief in the power of diverse talent and groundbreaking ideas.
Laurence (Lo) Toney is a Managing Partner at Plexo Capital, a venture capital firm. He is also a seasoned entrepreneur and investor known for his focus on early-stage technology companies led by diverse founders.
Laurence (Lo) Toney invests in early-stage technology companies across various sectors, including enterprise software, fintech, consumer technology, and digital health. He is particularly focused on backing diverse founders.
Laurence (Lo) Toney works as a Managing Partner at Plexo Capital, a venture capital firm dedicated to investing in diverse-led, early-stage technology companies.
