avatar for Matt Armstead

Matt Armstead

Executive Director
Columbus, Ohio
Matt is the Executive Director of Fintech71 and Managing Director of Lumos Innovation, where he helps companies (big and small) develop their ideas into highly scalable businesses.

Matt is a founding partner in ROOT Insurance and was previously the CEO and co-founder of Sprout it, a DIY gardening app which sold to Scotts Miracle Gro.  Prior to that Matt successfully started and sold MobileWait, a guest management solution for restaurants, as CEO and co-founder.  In addition, Matt has been a Director at Fair Isaac and Experian with a focus on digital marketing, big data and predictive analytics, business development and strategic partnerships.

Matt is a serial entrepreneur and angel investor having leadership roles in start-ups and Fortune 500 companies all over the Midwest, including Ohio, Minnesota, Wisconsin and Illinois; often times with global responsibilities. His strategic vision and hands-on experience in vast functional business disciplines aides our innovative enterprise and start-up clients and provides first hand insights on how to successfully conceive, build, fund and grow a technology company. He knows, first hand, the importance of getting to market quickly, leveraging creative sales channels and relationships; and having an agile, iterative development cycle at every stage of a company’s trajectory.