Brian Hamilton (businessman)
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Brian Hamilton is an American entrepreneur and philanthropist. He is the co-founder of
Sageworks Sageworks is a private financial information company headquartered in Raleigh, North Carolina. Founded in 1998, Sageworks provides financial analysis and risk management software, in addition to creating products for commercial lenders. It collec ...
, a
fintech Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...
company that was acquired by
Accel-KKR Accel-KKR is an American technology-focused private equity firm with over $14 billion in total assets under management. The firm invests primarily in middle-market software and technology-enabled services businesses, providing capital for buyo ...
in 2018, and founder of the philanthropic organizations "Inmates to Entrepreneurs" and the "Brian Hamilton Foundation." He also stars in the television series Free Enterprise on
ABC ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television ...
stations, where he helps people who have been incarcerated start businesses. In 2021, Hamilton invested in LiveSwitch (formerly Frozen Mountain), a Canadian video technology firm, and expanded its operations to North Carolina.


Early life and education

Hamilton grew up in
Milford, Connecticut Milford is a coastal city in New Haven County, Connecticut, United States, located between New Haven and Bridgeport. The population was 50,558 at the 2020 United States Census. The city includes the village of Devon and the borough of Woodmont. ...
. He attended
Fairfield College Preparatory School Fairfield College Preparatory School (Fairfield Prep) is a Jesuit preparatory school located on the campus of Fairfield University in Fairfield, Connecticut. It is an all-male school of about 700 students, founded by the Society of Jesus in 1 ...
. Brian was the first in his family to attend college, earning a bachelor's degree from
Sacred Heart University Sacred Heart University (SHU) is a private, Catholic university in Fairfield, Connecticut. It was founded in 1963 by the Most Reverend Walter W. Curtis, Bishop of the Diocese of Bridgeport, Connecticut. Sacred Heart was the first Catholic un ...
. Later he earned an MBA from
Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...
at
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
.


Career

Hamilton ran his own consulting business in
Durham, North Carolina Durham ( ) is a city in the U.S. state of North Carolina and the county seat of Durham County, North Carolina, Durham County. Small portions of the city limits extend into Orange County, North Carolina, Orange County and Wake County, North Carol ...
from 1990 to 1996. He offered consulting to people trying to start businesses. He also gave lectures and taught college courses. During a small business course, Hamilton mentioned the idea of software that would make reading financial statements easier for executives. One of the students, Sarah Tourville, liked the idea. They would go on to form the company Sageworks in 1998. Sageworks was one of the first
fintech Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...
companies. It grew into a firm of approximately 400 employees and was acquired by
Accel-KKR Accel-KKR is an American technology-focused private equity firm with over $14 billion in total assets under management. The firm invests primarily in middle-market software and technology-enabled services businesses, providing capital for buyo ...
in 2018. Hamilton sold his stake in the company as part of the acquisition. In 2021, Hamilton invested in LiveSwitch (formerly Frozen Mountain), a video technology company that provides streaming, video conferencing and interactive broadcasting solutions. With Hamilton’s investment, LiveSwitch planned to expand its operations and add jobs in North Carolina.


Charitable work

Hamilton was a lecturer at prisons, being under contract with the SBA to help with a minority set-aside program. One of his clients, Rev. Robert Harris, asked him to be part of a prison ministry where Hamilton would discuss entrepreneurship. This led to Hamilton founding "Inmates to Entrepreneurs", a program that offers training and mentoring for aspiring entrepreneurs who have criminal records. Graduates often go on to start their own businesses. In addition, he founded the Brian Hamilton Foundation, an organization that provides advice for young people and others who want to become entrepreneurs. He has provided commentary as an expert for
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
,
MSNBC MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political ...
and
Fox Business Network Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...
, and also sat on the board of trustees for Sacred Heart University. In 2021, Hamilton became the star of the television series "Free Enterprise," which airs on
ABC ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television ...
stations as part of the
Hearst Media Production Group The Hearst Media Production Group (formerly Litton Syndications and Litton Entertainment) is an American media and production company based in New York City, New York as a division of the Hearst Television subsidiary of Hearst Communications, wit ...
weekend programming block. The show features the stories of formerly incarcerated people with dreams of starting their own businesses. On the show, people with criminal records work with Hamilton and a team of mentors to start companies with little to no money. The show won two 2021 Telly Awards in the television categories of “social impact” and “social responsibility.”


References


External links


Brian Hamilton Foundation website

Inmates to Entrepreneurs website
*
Entrepreneur Brian Hamilton — Exclusive Interview
, by
The Henry Ford The Henry Ford (also known as the Henry Ford Museum of American Innovation and Greenfield Village, and as the Edison Institute) is a history museum complex in the Detroit suburb of Dearborn, Michigan, Dearborn, Michigan, United States. The museum ...
{{DEFAULTSORT:Hamilton, Brian Year of birth missing (living people) Living people American company founders Sacred Heart University alumni Fuqua School of Business alumni