Overview

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Primary Role
General Partner @
Investments
18 Investments in 7 Companies
Gender:
Male
Location:
Toronto
Social:

Person Details

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Aliases:
Dan Ciporin

Dan Ciporin is committed to building innovative businesses that make the Internet a more engaging place for consumers. Dan joined Canaan’s Connecticut office in 2007 to invest in emerging leaders in online advertising and digital media in the New York corridor, as well as in communications infrastructure companies that deliver interactive content to connected consumers.

Dan brings two decades of executive-level operational experience to Canaan. He was the former Chairman and CEO of Shopping.com, the pioneer in online comparison shopping, where he oversaw growth from zero to over $100 million in revenues in just five years, culminating in the company’s IPO in October 2004 and later acquisition by eBay in 2005. Previously, Dan served as chairman of the Internet Lab, a US-Israeli incubator for early-stage consumer Internet startups, as Senior VP of MasterCard International, where he was responsible for the marketing and product management of all online global debit products, and as a strategy consultant for both Mars and Co. and Corporate Value Associates.

At Canaan, Dan sits on the board of Lending Club, an innovative online lending community where people borrow and lend money, bypass the banks, and get better rates; OpenSky, a social shopping platform that helps consumers discover and buy great products that fulfill their interests in Food, Style & Beauty, Healthy Living and Home & Design; Gemvara, a web-based service that is revolutionizing the jewelry market by empowering consumers and independent jewelers to design fully personalized, high-quality jewelry; borro, a personal asset lender providing short-term loans against fine art, jewelry, luxury watches, prestige cars, fine wine and more; and ShopKeep POS, an iPad point of sale system in the cloud, helping retailers make smarter business decisions.

Dan earned an AB from Princeton University’s Woodrow Wilson School of Public and International Affairs and an MBA from Yale University. Dan is committed to improving the lives of people living in poverty in Southeast Asia. After serving in 1980 as Director of Educational Programs for the UN-funded Sakaeo Refugee Camp in Thailand – where he lived in a teak stilt house in the middle of a remote rice paddy – Dan has continued to support volunteer organizations in that part of the world.

Jobs (4)

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Current

General Partner

Past
Started
Ended
Title
Company
1999
2005
Chairman and CEO
1990
1999
Senior Vice President
1990
1999
Senior Vice President, International
DateInvested InRoundDetails
Jun, 2016$2M / Seed (Lead)
Nov, 2015$30M / Series C
Jul, 2015$35M / Series D
Apr, 2014$25M / Series C
Mar, 2014$14M / Series B (Lead)
Dec, 2012$10M / Series B (Lead)
Jun, 2012$25M / Series D
Oct, 2011$30M / Series C
Aug, 2011$25M / Series D
Apr, 2010$6.05M / Series B
Apr, 2010$24.5M / Series C
Apr, 2010$5.2M / Series B (Lead)
Apr, 2010$5.2M / Series B (Lead)
May, 2009$5M / Series A
Mar, 2009$12M / Series B
Jul, 2008$6.4M / Series A
Aug, 2007$10.26M / Series A (Lead)
Mar, 2006$500k / SeedPersonal Investment

Education (2)

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Past Event Appearances (1)

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