# Patrick Grady

> Patrick Grady founded Rearden Commerce, later Deem, and served as its CEO and chairman before leaving its leadership in 2016. He now serves as founder, chairman, and CEO of TetraScience. His career connects early work in venture investing with enterprise software, personal assistants, and scientific data infrastructure.

- **Role:** Founder, Chairman, and CEO at TetraScience
- **Organizations:** TetraScience, Deem, Rearden Commerce, Impetus Ventures, Borealis
- **Education:** Pace University
- **Known for:** Founded the company that became Deem., Built Rearden Commerce to a reported $1 billion valuation in 2011., Helped rebuild TetraScience and led it through an $80 million Series B announced in April 2021.

## Career timeline

- **1987** — Left Pace University to pursue work on Wall Street, according to his 2009 interview.
- **1990s** — Built an angel investment network; later ran Nevada software company Borealis.
- **1999** — Studied employee workflows at Cisco and incorporated the business that became Rearden Commerce in November.
- **2000** — Hired the company’s first employee in March.
- **2006** — Rearden Commerce signed its American Express agreement.
- **2011** — A September financing valued Rearden Commerce at $1 billion, as reported by Inc.
- **2013** — Rearden Commerce was operating under the Deem name.
- **2016** — Stepped down from Deem leadership in April.
- **2017** — Met Spin Wang and other TetraScience founders in May.
- **2019** — Helped rebuild TetraScience around a scientific data cloud.
- **2021** — Transition to TetraScience CEO finalized with its Series B.
- **2025** — Started the Unvarnished publication in October.

## Achievements

- Founded the company that became Deem.
- Built Rearden Commerce to a reported $1 billion valuation in 2011.
- Helped rebuild TetraScience and led it through an $80 million Series B announced in April 2021.

## Latest updates

- **2026-07** — Published an essay arguing for organizations to retain control over proprietary data and workflows when adopting AI.
- **2025-10** — Launched Unvarnished, covering AI, intelligent agents, startups, and geopolitics.

## Links

- Website: https://unvarnishedgrady.substack.com/
- LinkedIn: https://www.linkedin.com/in/patrickwgrady/
- Twitter/X: https://x.com/DeemCEO

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Profile page: https://yespress.io/patrick-grady
Published by YesPress — https://yespress.io
Last updated: 2026-10-25