Jory Caulkins

## PROSPECT INFORMATION: Name: Jory Caulkins Title: Founder and CEO Fund: Enduring Companies Background: Jory Caulkins is a seasoned investor, entrepreneur, and operator, currently serving as CEO at Enduring Companies and host of the "Built to Outlast" podcast. He is passionate about company building, creative strategic thinking, and being a principled partner. **Current Focus:** - **Enduring Companies:** As Founder and CEO since January 2020, Jory leads an investment holding company focused on long-term growth and success. Their core principles are being a good partner, acting like an owner, and relentlessly pursuing improvement. They seek businesses with $0-$5M in annual owner earnings, durable profitability, and U.S. bases. - **Built to Outlast:** Since June 2022, Jory hosts this podcast and community for business builders, focusing on journeys and strategies for enduring small to mid-sized businesses. He frequently shares new episodes featuring entrepreneurs and their stories. - **Project Canary:** Jory was the Founding Chairman (August 2020 - September 2021) and Executive Chairman (August 2020 - August 2021) of Project Canary, an environmental data and software company in the energy sector. He was instrumental in building it into a rapidly growing industry leader, raising over $130M in funding. - **Board Member:** He serves on the boards of Enduring Companies, GridHawk, and Kimmeridge. **Background:** Jory holds an MBA from Stanford Graduate School of Business and a B.S. in Biology and Economics (Valedictorian for BS recipients) from Georgetown University, where he also co-founded the Georgetown Events Committee. His professional experience includes private equity at Bain Capital (August 2010 - July 2012) and investment banking at Morgan Stanley (September 2008 - August 2010). He also founded and was CEO of Nexodex.com (April 2006 - January 2010) and was a Hedge Fund Analyst at SSARIS Advisors (August 2006 - September 2008). Earlier in his career, he conducted thesis research in genetics at Georgetown University (August 2004 - May 2006). **Key Skills:** Entrepreneurship, Mergers & Acquisitions, Investments, Business Development, Private Equity, Financial Modeling, Management, Strategic Planning, Sustainability, Environmental Awareness. **Notable Posts:** - On December 31, 2025, Jory posted, "Grateful we had another year of good health and the ability to continue building Enduring Companies with great people and partners! Our 2025 annual letter is here: https://lnkd.in/ggeh22h5 Cheers to 2026!" - On February 13, 2025, he shared, "Happy 2025! Excited to share the latest episode of Built to Outlast with my friend Brandon Coleman III, the CEO of Cotton Patch Cafe." - On December 31, 2024, Jory noted, "Time flies when you're having fun! Grateful for another year building at Enduring Companies, and looking forward to the journey ahead. Our 2024 annual letter is here: https://lnkd.in/giEHcYKf" - On December 19, 2024, he shared, "Merry (almost) Christmas and happy holidays! Excited to share the latest episode of Built to Outlast with my friend, Jonathan Chan, the founder of Arch Fellow." - On September 19, 2024, Jory posted, "Excited to share the latest episode of Built to Outlast with my friend Matt Hale who is the co-founder of Apex Dental Partners." - On May 31, 2024, Jory posted, "Excited to share the latest episode of Built to Outlast with my friend John Marsh who is the co-founder of Marsh Collective." - On April 26, 2024, he mentioned, "Cancer has impacted countless families, including mine. If you are interested in cancer screening, Cancer Check Labs just came out with a (14+ years in the making!) notable leap forward in testing here: https://lnkd.in/grX7PFCV Full disclosure... my wife and I are both customers and investors, Sumit Rai is a friend, and he was just on Built to Outlast. We're proud and excited to support what they are building." - On April 22, 2024, Jory reshared Caroline Moran's post stating, "Go Caroline Moran! For anyone looking for a motivated and well-networked addition to their team that under-promises and over-delivers, I'd be happy to make an introduction to Caroline!" - On March 28, 2024, Jory shared, "Excited to share the latest episode of Built to Outlast with my friend Matthew Wheeler of SportsRecruits." - On January 1, 2024, he wished, "Grateful for what we are building Enduring Companies! Our 2023 Annual Letter is linked here: https://lnkd.in/grHA9tWS" He also adds, "Know a business owner who is interested in selling and cares who the buyer is? We'd love to meet them and can connect here: info@enduring.co or https://lnkd.in/gQPB9SKS" - On December 20, 2023, Jory shared, "Excited to share the latest Built to Outlast episode with my friend Carl Ferenbach, co-founder of Berkshire Partners." - On November 21, 2023, Jory noted, "Excited to share the latest Built to Outlast episode with Tom Lehman the CEO of Surplus City." - On November 1, 2023, Jory reshared Matt Dalio's post and commented, "The feeling is mutual, Matt Dalio!" - On October 19, 2023, Jory announced, "Excited to share the latest Built to Outlast episode with Matt Dalio Founder of Endless." - On September 14, 2023, Jory shared, "Excited to share the latest Built to Outlast episode with Mada Seghete co-founder of Branch." - On March 28, 2023, he shared, "Excited to share the latest Built to Outlast episode with Daniel O'Reilly focused on the magic of saying yes." - On February 23, 2023, Jory posted, "Excited to share the latest Built to Outlast episode with Matt Slaine focused on being 'in the arena' of building businesses." - On January 24, 2023, Jory shared, "Excited to share the latest Built to Outlast episode with Wyatt Smith focused on the value of hard work in America." - On October 27, 2022, Jory reshared Wyatt Smith's post about UpSmith and commented, "Proud of Wyatt Smith for the much needed solution he and the team at UpSmith are building to address America's skilled labor crisis. This is a much needed solution to an important problem for our country that we feel across numerous businesses at Enduring Companies. Excited to cheer for and support you however we can!" - On September 13, 2022, he shared, "Next episode of Built to Outlast just released with Gabriel Arguello and Nelly Ortega, cofounders of Rent-2-Own Trailers." - On June 22, 2022, Jory announced the launch of his podcast, "To that end, I am excited to share the launch of Built to Outlast (www.builttooutlast.com), a podcast and community for business builders, by business builders. Our first episode is with Karen Noseff Aldridge who is the founder and CEO of Rebel Athletic..." - On February 24, 2022, Jory congratulated the Project Canary team, saying, "Way to go and congrats to Chris Romer, William Foiles, CFA, Anna Scott, PhD, Josh Zier and the team at Project Canary on this huge milestone ($111M fundraise) in a journey we started over 7 years ago! So proud and excited to be a part of it. Onward and upward!" - On February 1, 2022, Jory reshared Karen Noseff Aldridge's post, adding, "Congrats to Karen Noseff Aldridge and the team at Rebel Athletic on the impressive movement they continue to build!" - On December 14, 2021, Jory reshared Nate Fischer's post about Principal Investments and stated, "Proud to be partnered with Nate Fischer, Bart Lomont and Principal Investments, who are investing in and building great American businesses at the core of our economy!" - On July 20, 2021, Jory posted, "I'm a proud investor and Board member at GridHawk - a great and rapidly growing company, with a strong team and uniquely differentiating culture. If you or someone you know has technology / business experience and are looking to put it to work helping reduce major damage incidents in our country's critical infrastructure, check out this opportunity! #technology #business #innovation #infrastructure #team #opportunity #work #hiring" - On June 24, 2021, Jory reshared Chris Romer's post and said, "Proud of Chris Romer and the team for continuing to build this rapidly growing market and industry transforming tech platform!" - On May 19, 2021, Jory congratulated Patrick Coughlin, saying, "Congrats Patrick Coughlin and the TruSTAR team! Thanks for letting me play a (small) part and looking forward to the next leg of the journey!" - On January 28, 2021, Jory reshared Chris Romer's post, expressing, "Proud of Chris Romer and the team at Project Canary (an International Environmental Standards PBC company) for another big win in building the leading platform in this space!" - On December 10, 2020, Jory reshared Project Canary's announcement, saying, "Excited to welcome the Troposphere team to our leading (and rapidly growing) platform for best-in-class, empirical, and trusted ESG data and solutions for the energy industry. Welcome and looking forward to building together!" - On August 5, 2020, Jory reshared International Environmental Standards PBC (dba Project Canary)'s post and expressed, "Excited for the next leg of our journey with Chris Romer, William Foiles, CFA and the great team at Project Canary!" - On July 17, 2020, Jory reshared SGA Natural Gas Association's post, stating, "Excited to share the story of building the market for differentiated TrustWell Responsible Gas, and views on where the market for certified gas is going with the members of the SGA on Monday!" - On July 1, 2020, Jory reshared SGA Natural Gas Association's post, saying, "Excited to share the story of building the market for differentiated TrustWell Responsible Gas, and views on where the market for certified gas is going with the members of the SGA later this month!" - On April 7, 2017, Jory reshared a post from International Environmental Standards PBC (dba Project Canary). - On November 2, 2016, Jory reshared a post from International Environmental Standards PBC (dba Project Canary). - On July 5, 2016, Jory posted, "IES is seeking a motivated staff member who works well within a team and can support our ambitious growth plans. The position would ideally be located in Dallas, Houston, Denver, or San Francisco. Candidates may work remotely. See job post for more details and to apply." - On February 28, 2016, Jory reshared Tisha Schuller's post. Fund details: - Description: Enduring’s mission is to build for the future. We are an investment holding company and strive to grow companies, partnerships, and people for long term success. We pride ourselves on our intellectual honesty, patience, courage, work ethic and creativity. We operate based on three core principles: be a good partner, act like an owner, and relentlessly pursue better. We are proven entrepreneurs and investors. We find investment opportunities with a value-oriented lens and attractive risk-reward asymmetry. This means we usually invest in niche, often contrarian, spaces and have the freedom, courage, and humility to act with creativity and flexibility within our sphere of competence. We always invest our time and capital first, before partner capital. - Website: https://www.enduring.co/ - Location: Dallas, Texas, United States - Lead qualification: Research: - Query: =Enduring Companies Jory Caulkins recent investments fund thesis - Answer: Jory Caulkins leads Enduring Companies, focusing on long-term investments in small US businesses. His investment thesis emphasizes durable profitability and sustainable growth. He has a history of successful entrepreneurship and investment experience.