Olex Kal'tsev
About Olex Kal'tsev
Olex Kal'tsev serves as the CFO and Co-Founder of Ernest, an AI-powered construction platform, since 2022. He has extensive experience in finance and operations, having held various leadership roles at companies such as Elemy, Life House, and Credit Suisse.
Work at Ernest
Olex Kal'tsev serves as the CFO and Co-Founder of Ernest, a company he co-founded in 2022. Ernest is recognized as the first AI-powered construction platform that combines custom software with project execution. In his role, Kal'tsev focuses on developing innovative technology to enhance the construction ecosystem. His leadership aims to streamline processes and improve efficiency within the industry.
Previous Experience
Prior to his role at Ernest, Olex Kal'tsev held several key positions in various organizations. He worked at Elemy as Chief Business Officer for one month in 2022 and served as Senior Vice President of Strategic Finance from 2020 to 2022. Kal'tsev also acted as a Seed Investor and Advisor at Elemy from 2019 to 2022. His experience includes a role as Vice President of Financial Operations at Life House from 2019 to 2020 and as an Investor at Wing from 2017 to 2022.
Education and Expertise
Olex Kal'tsev has a strong educational background in finance and economics. He earned a Master of Business Administration (M.B.A.) from NYU Stern School of Business, where he studied Finance, Banking, and Entrepreneurship. Additionally, he holds a Bachelor of Arts in Economics from The Johns Hopkins University. His academic credentials complement his extensive experience in finance and strategic operations.
Career Development
Kal'tsev's career began at Bloomberg LP, where he held multiple roles, including Sales Representative and Analytics Team Leader, from 2010 to 2014 in Singapore and New York. He transitioned to Credit Suisse as an Investment Banking Associate in Mergers & Acquisitions from 2015 to 2018. His diverse roles have contributed to his expertise in financial analysis and strategic finance, paving the way for his leadership positions in subsequent companies.
Focus on Innovation
At Ernest, Olex Kal'tsev emphasizes the importance of technology in transforming the construction industry. His focus is on building a modern construction ecosystem through innovative solutions that integrate software with practical project execution. This vision aims to address the challenges faced by the construction sector and enhance overall operational efficiency.