Tech & Product Operating Partner for Private Equity, Venture Capital & CEOs

Bridging Investment Thesis & Execution.

Ten years at Microsoft, seven years at Google, then three CPO mandates in PE and VC-backed scale-ups. I work alongside Private Equity and Venture Capital funds to turn technology and product into a genuine value creation lever, from deal to exit.

Operating Partner specialized in Tech: M&A, Product Discipline, technical debt, complex multi-product portfolios, with a Supply Chain Risk Management (SCRM) vertical, built as Group CPO at OnceForAll. My clients: Private Equity funds, and CEOs directly, as an operational sparring partner.

Brooklyn Bridge, a symbol of the bridge between investment thesis and operational execution
Brooklyn Bridge, New York Structure & execution
€130M
ARR to exit
8
M&A integrations
10x
ARR growth
20+
Platforms consolidated
160+
Ecosystem partners
The double DNA

Big Tech discipline, scale-up agility. Rarely both.

Exhibit A

Corporate discipline

Ten years at Microsoft (Sales Engineer → Global Presales), seven years at Google (Cloud, ISV Partnerships EMEA & APAC). The codes of structured reporting, governance and execution at international scale, across France, the US, EMEA and APAC.

MICROSOFT · 10Y GOOGLE · 7Y
FRANCE · USA · EMEA · APAC
Exhibit B

Scale-up agility

Co-founder CPO at LumApps (ARR x10 in two years), SVP/GM at Virtru in Washington DC, then Group CPO of a PE-backed ConTech buildup, leading to a GTCR exit above €130M ARR. Eight consecutive M&A integrations, 21 legacy platforms rationalized into 2 to 3 solutions.

LUMAPPS VIRTRU ONCEFORALL
3x CPO · 8 M&A · 21 → 2-3 PLATFORMS
Service lines

Five mandates. One thread running through all of them: EBITDA impact.

DD-01 Pre-deal · PE & VC

Tech & Product Due Diligence

"Don't audit the code. Validate the scalability of the asset."

  • Product and Tech stack audit: technical debt, scalability, product org maturity
  • Product/Tech leadership and team velocity assessment
  • Product-Market Fit Reality Check: roadmap vs. real market demand
  • AI Due Diligence: real IP vs. wrapper, gross margin impact, data readiness
PMI-02 Buy & Build · PE

Post-Merger Integration

"Turn a Buy & Build strategy into one coherent, profitable operating structure."

  • Product portfolio rationalization and roadmap consolidation
  • Team and culture integration, critical talent retention
  • EBITDA protection throughout the integration
  • Data & AI PMI: data lake rationalization, build vs. buy arbitration
CPTO-03 PortCos · Founders

Fractional CPO / CPTO

"Immediate leadership to transform, not just to hold the seat."

  • Product-Tech organization restructuring
  • Product roadmap alignment with revenue goals (ARR, NRR)
  • Scale-up structuring: OKRs, QBRs, Series B/C or Exit readiness
  • ROI-driven AI roadmap
BRD-04 PE Funds · CEOs · Boards

Strategic Board Advisor

"Align tech strategy and financial performance to maximize the exit."

  • Executive sparring partner for founders and CEOs
  • International & ecosystem strategy (US, EU, Big Tech partnerships)
  • Exit preparation: equity story, tech/product data room
  • AI governance: sovereignty, sector-specific compliance
SCRM-05 PE Funds · SCRM/TPRM Platforms

Supply Chain Risk Management (SCRM/TPRM)

"A SCRM tool is no longer diligenced as a compliance line item. It is diligenced as financial risk infrastructure, and its moat is built by data and network, not by features."

Group CPO, OnceForAll: Europe's #1 SCRM platform · 8 consecutive M&A integrations · GTCR exit. Current advisor to 2 SCRM startups.
  • Platform maturity: from Paper Compliance to Strategic License to Operate, the shift that creates retention
  • Reading the 5 regulatory vectors: CSDDD, Devoir de Vigilance, Building Safety Act, DORA, UFLPA
  • Network moat engineering: Buyer-Pay flywheel, Double-Lock ERP switching cost, hybrid Buyer/Supplier-Pay model
  • SCRM M&A and portfolio rationalization (track record: 8 deals, 21 platforms → 3)
Product Alpha Scorecard

A product asset reads on four axes, not one growth metric.

This is the framework I built to read a product asset as an actively managed financial asset: Organizational Efficiency, Retention Quality, Margin Resilience, Moat Defensibility. Published in my white paper Product Alpha Scorecard, it's the reading grid I apply pre-deal, in quarterly portfolio reviews, and in exit preparation, 18 to 24 months before the sale.

ORG. EFFICIENCY RETENTION MARGIN MOAT
Healthy Watch Critical
Organizational Efficiency ARR per R&D headcount, adjusted for technical debt. Healthy above €500K.
Retention Quality NRR read alongside GRR. Healthy above 110% / 90%.
Margin Resilience CAC Payback and AI FinOps ratio. Healthy under 12 months.
Moat Defensibility RAGAS Faithfulness Score and Semantic Cache maturity.
AI-focused derivative

The AI Alpha Scorecard: the same foundations, taken into AI execution.

Three of the four axes, Efficiency, Margin, Moat, carry the exact same language and are taken into AI-specific operational execution: audit, steering, the first hundred days. Published in my white paper Product Alpha AI, complementary to the general Scorecard, not a competitor: this one sets the framework, the AI Alpha Scorecard runs the AI-focused implementation.

EFFICIENCY MARGIN MOAT
AI as a lever

Artificial intelligence is not a cost center. It is a valuation lever.

01

AI FinOps

Inference cost control (compute, tokens) and direct impact on gross margin.

02

Agentic architectures

Multi-agent, multi-LLM systems, enterprise RAG, MCP protocols.

03

Sovereignty & compliance

Data isolation against extraterritorial laws, regulated sectors (banking, healthcare, public).

The moat ladder
RAG

Reproducible in weeks by a competitor with API access.

Fine-Tuning

Captures documented know-how. Costlier to replicate.

Semantic Cache

Vertical IP, near-zero marginal cost. The most undervalued asset in Due Diligence today.

The weekend test: could a competitor rebuild the essential product in a weekend? If yes, the moat doesn't exist yet.

AI doesn't destroy product value by nature. It destroys value governed without financial discipline, exactly as uncontrolled churn or ignored technical debt would have done before it.

Why it matters A Deal Partner asking the right question of the wrong Due Diligence can watch a multiple collapse in one meeting.
What we extract A shared, verifiable language between CPO, Board and Deal Partner: thresholds instead of impressions.
Where it's formalized The same discipline, codified as the AI Alpha Scorecard: Efficiency, Margin, Moat.
What it's for Pre-deal audit, portfolio review, and the first hundred days of AI execution.
Publications

The thinking, published and documented.

White paper No.1

The Invisible Debt

How invisible technical debt silently destroys post-close EBITDA, and how to detect it before the deal.

Substack

The series that extends this White Paper, with concrete cases and rolling updates. A good entry point to follow the topic chapter by chapter.

White paper No.2

Product Alpha Scorecard

The four-axis framework for reading a product asset as a financial asset, from pre-deal to exit.

Substack

The "Value Creation, Product Alpha Strategy" series brings together the general Scorecard and its AI-focused derivative. It will keep growing as the framework evolves.

White paper No.3

Product Alpha AI

The AI-focused derivative of the Scorecard: Efficiency, Margin, Moat, taken into execution, audit and the first hundred days.

Substack

The launch article, "Welcome to the Scorecard IA," joins the Product Alpha Scorecard series. The two frameworks read as mirrors of each other, one strategic, one operational.

White paper No.4

The License to Operate

The SCRM/TPRM thesis: a compliance tool that becomes financial risk infrastructure, its moat built by data and network.

Substack

The dedicated series "SCRM Alpha: The License to Operate" will dig into a different angle of the SCRM/TPRM market each quarter. The first article lays out the general thesis developed in this White Paper.

About

Renaud Perrier

Renaud Perrier, Operating Partner at RPoperating
Role: Operating Partner, Tech & Product
Firm: RPoperating
Certification: Operating Partner Academy (CAPOP ↗)
Based in: Paris, operating in EU, traveling WW

A three-time Chief Product Officer, I built my career at the crossroads of technology and Private Equity: ten years at Microsoft, seven years at Google, then Product leadership mandates in fund-backed scale-ups.

Co-founder and CPO of LumApps, growing ARR 10x in two years. SVP/GM of Virtru in Washington DC. Then Group CPO of a PE-backed ConTech buildup, taking ARR from €45M to over €130M, orchestrating eight consecutive M&A integrations and rationalizing 21 legacy platforms into 2 to 3 solutions, through to a GTCR exit.

I now bring that double experience, Big Tech discipline and scale-up agility, to Private Equity and Venture Capital funds and their portfolio companies, through RPoperating.

Contact

Let's build value together.

Email
Phone
+33 6 10 38 04 61
LinkedIn
linkedin.com/in/renaudp
Address
10 Rue de la Paix, 75002 Paris, France