Keith Crandell is a Founder and Managing Director of ARCH Venture Partners, a 31-year-old seed and early stage venture capital partnership with offices in Austin, Chicago, San Francisco and Seattle. ARCH Venture Partners is currently managing its ninth fund with $2.5 billion under management and focuses on core technology spin-outs from universities and other research organizations in the United States and abroad.
Mr. Crandell has served on the Entrepreneurship Advisory Board and lectures at the Polsky Center for Entrepreneurship, Chicago Booth since 2005. Mr. Crandell is a member of the Board of Trustees for the Morton Arboretum also serving on the Finance and Building and Grounds Committees. He is also a Director of the Chicago History Museum where he serves on the Executive and Investment Committees.
Mr. Crandell serves on the Advisory Board of the Illinois Growth and Development Fund. He has also served on the Advisory Board of the Illinois State Treasurer TDA, a fund-of-funds focused on Illinois private equity and venture capital partnerships since 2004. He has been active since its inception in 2000 with the IVCA, which represents the private equity and venture capital industry in Illinois, serving as Chairman in 2006 and 2007.
Mr. Crandell has served as a Director of the National Venture Capital Association from 2006 through 2010 and served on the Governmental Affairs Committee during that period.
Prior to ARCH, Mr. Crandell worked with Hercules, Inc., a specialty chemical and polymer company. He holds an M.B.A. from The University of Chicago (Chicago Booth), an M.S. in Chemistry from the University of Texas at Arlington, and a B.S. in Chemistry and Mathematics from St. Lawrence University.