Full Name
Katie Rae
Job Title
CEO and Managing Partner
The Engine
Brief Biography
Katie Rae is the founding CEO & Managing Partner of The Engine, a venture capital firm built by MIT with more than $670M assets under management. The Engine invests in early-stage companies solving the world’s biggest problems through the convergence of breakthrough science, engineering, and leadership. She has served in this role since March 2017. Katie serves as a Board Member at Commonwealth Fusion Systems, Form Energy, Via Separations, Lilac Solutions, Boston Metal, Sublime Systems, and VEIR.

She founded Project 11 Ventures in 2014 and served as Managing Director. Prior to that, Katie held leadership roles at Techstars Boston, serving as Managing Director from 2011-2014 and Chairman until 2016. She has advised hundreds of founders and invested in more than 100 companies at the earliest stages of formation. Key investments include Flywire, Pillpack (acquired by Amazon for $1 billion), Bevi, GrabCad, and Synack.

Katie founded Equity Summit in 2018, an annual event bringing together female and underrepresented minority fund managers and world leading Limited Partners. She serves as the organization’s President.

In addition to her extensive investing career, Katie has more than fifteen years of experience in senior management and product positions at Microsoft, Eons, AltaVista, RagingBull, Zip2, and Mirror Worlds. She holds an MBA from Yale University and a BA in Biology from Oberlin College.
Katie Rae