About Katie Kelly

Operator. Founder.
Built from the inside out.

Katie Kelly spent her career inside growth-stage companies building the teams and systems that let fast-moving businesses actually deliver. Division1 Capital is built on that experience. Not on frameworks. On work that was actually done.

Katie Kelly, Founder of Division1 Capital

The Work

Fifteen years building things that had to work.

Division1 Capital · 2025 — Present

Left a senior role at the fastest growing alternative investment platform to build Division1 Capital. Three divisions. One thesis. Work in progress.

iCapital · SVP, Head of US Platform and Client Operations · 2024 — 2025

Post-sales operation had grown fast. Infrastructure had not. Built a 25-person organization from the ground up. Doubled throughput to 500+ annual implementations. Retained $20M+ in at-risk accounts. Time to market: 8 weeks to 2 weeks.

iCapital · VP, Operations and Implementation · 2021 — 2023

Stepped into a 50-person global organization scaling without an operating model. Delivered 60% efficiency improvement. New hire ramp: 3 months to 4 weeks.

DebtX · Associate Director to Director · 2010 — 2021

Built and ran operations for 11 years. Stood up a 100-person team. Led a $5B transaction — the largest in company history. Delivered $1B+ in client outcomes across 200+ implementations.

The thread through all of it is the same. Growth-stage companies hit a wall. Systems that worked at 20 people break at 50. The team is underwater. Everything runs on heroics and institutional memory.

The problem is never the people. It is the operating model.

After fifteen years of fixing that problem from inside companies, building Division1 Capital was the obvious next step.

The Track Record

The work speaks for itself.

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Revenue churn prevented

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In client outcomes delivered

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Person teams built and scaled

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Reduction in time to market

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Efficiency improvement delivered

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Implementations managed

Providence College — Division I Field Hockey · Captain
New England Law — Juris Doctor
15+ years inside growth-stage financial services companies
iCapital · SVP Head of US Platform and Client Operations
DebtX · Director of Operations and Implementation
Founder — Division1 Capital LLC

The Foundation

It started on the field.

Division I field hockey at Providence College. Four years of performing under pressure, as part of a team, with coached accountability for every outcome. What stuck was not the sport itself. It was the operating model. Clarity on roles. Relentless preparation. No passengers. Perform when it matters. High-performance teams are high-performance businesses. Every framework, every diagnostic, every team Katie has built traces back to those four years. The name is not decorative. It is the foundation.

Why Now

Most operators stay inside companies. This one decided to build.

Fifteen years inside growth-stage companies revealed the same patterns at the same inflection points. Same operational problems. Same hiring mistakes. Same systems gaps. Same moment when heroics stop being enough. Division1 Capital exists because those patterns are fixable. And an operator who has seen them from the inside is better positioned to fix them than someone who has only studied them from the outside. D1 Ops fixes the operating model. D1 Talent fixes the talent pipeline. D1 AI builds the technology underneath both. Three divisions. One thesis. Operators get things done.

Get In Touch

Want to work together or just talk?

Whether you are hiring, scaling operations, building something, or just want to talk — reach out. Every engagement starts with a real conversation.