About Alex Schifter
Alex Schifter is a fractional CFO consultant with Centripetal Advisors, partnering with leading enterprise SaaS startups to help them scale. Alex often invests in his clients if and when the opportunity arises. His entrepreneurial experiences and financial expertise allow him to guide SaaS founders to success. Having built and run his own businesses, Alexander Schifter has a well-rounded understanding of startup business planning, strategic finance, and revenue operations.
Owner & CEO of XO Espresso Bar
In 2022, Alex acquired XO Expresso Bar, a specialty coffee bar serving quality coffee and wellness drinks with the highest-quality service. He secured investor financing to acquire the cafés in Miami. As owner and CEO of XO Expresso Bar, he oversees all aspects of business development, financial planning and analysis (FP&A), procurement, human resources, and payroll for two café locations.
Several years in, Alex opened wholesale operations and is currently looking for new standalone locations and franchisee partners. He will be announcing a new XO Espresso Bar location later this year in a highly coveted new luxury Miami Beach location.
Additionally, he secured an exclusive three-year consulting and coffee supply agreement in the United States with international French patisserie Yann Couvreur. This year marks XO Expresso Bar’s first anniversary, with Yann Couvreur supporting its Downtown, Wynwood, and soon-to-be Aventura locations.
Co-Founder of Hello Arthur
Alex co-founded Hello Arthur in 2021, an easy-to-use medical and dental supply marketplace for healthcare providers to buy directly from manufacturers, resulting in passing valuable cost savings to the end customer. Hello, Arthur was named after Alex’s grandfather, Arthur Schifter, who began selling critically needed medical supplies during the AIDS pandemic to help manage disease and infection.
During his tenure with Hello Arthur, Alexander scaled the operation to six figures in revenue, however due to several headwinds decided to wind down operations and solely focus on XO Expresso Bar.
Early in His Career
Investment Bank Analyst, AGC Partners
Alexander Schifter began his career in 2015 as an Investment Bank Analyst at AGC Partners in Boston after completing investment banking internships at Consilium Partners and Piper Jaffray (n/k/a Piper Sandler). AGC Partners is a boutique investment bank providing M&A advisory services to middle-market technology companies globally. Alex’s responsibilities with the firm included liaising with executives, financial, and strategic partners on buy-side and sell-side engagements, as well as creating client pitch books, management marketing materials, and financial models critical to successful M&A processes.
Associate, DCA
In 2017, Alexander joined a boutique investment bank, DCA, in New York as a Senior Analyst and was later promoted to Associate. DCA is dedicated to advising innovative digital media and frontier technology companies. Alex worked on 10 deals at DCA, including sell-side advisory and equity capital raise, and prepared valuations, financial models, and Confidential Information Memorandums (CIMs). He conducted research on advertising, eCommerce, marketing technology, and OTT sectors for business development and performed due diligence on potential personal venture capital investments for DCA’s Managing Partner and CEO.
Alex’s highlighted work includes the sale of Constructive Media (Digital Media Platform), an H.I.G. Capital portfolio company to Sandbox & Co., the majority recapitalization of ListenFirst Media (B2B Social Analytics SaaS Platform) by Frontier Capital, and the sale of Metrological to Comcast.
Associate, Pharus Advisors
Alex was an Associate for New York-based Pharus Advisors, a merchant bank providing M&A advisory services in a variety of technology and growth-oriented industries. There, he worked on several deals, including sell-side advisory and equity capital raises, and prepared financial models, KPI analyses, and CIMs. He initiated and scaled a successful business development pipeline in the loyalty, eCommerce, retail technology, and SaaS sectors.
Vice President, Technology Growth Equity, Trousdale Capital Management
At Trousdale Capital Management (n/k/a Numeta Capital), a technology investment firm focused on multi-stage investments in rapidly growing software companies, Alexander Schifter was focused on sourcing, evaluating, and executing investment opportunities in the enterprise software space. Among his achievements was working on two completed investments, including a majority growth equity investment and a minority growth equity investment. He completed due diligence on prospective investments, built financial models, KPI reports, and investment memos, and liaised with C-suite executives.
His Education
Originally from New York, Alex Schifter graduated with a Bachelor’s in Economics and a Minor in Entrepreneurial Leadership Studies from Tufts University, Medford, Massachusetts. While at university, he competed as an NCAA varsity athlete on Tufts Men’s Cross Country and Track & Field teams for six seasons (~35 hours/week).
Alex’s Philanthropy
Alexander Schifter has been very generous with both his time and donations to various organizations. He raised money for the Pan Mass Challenge, a Massachusetts-based bike-a-thon that raises money for cancer research and treatment at Dana-Farber and the Jimmy Fund. Alex has also helped build and renovate homes for Habitat for Humanity and volunteered to raise funds for the ALS Association Greater New York Chapter. He has donated to Yehudi and Chabad of Midtown Miami.
