BILL MARVIN – Chairman and Co-Founder – Before founding InstaMed, Bill was an executive in Accenture’s Health and Life Sciences practice. Bill worked with senior executives at clients such as UnitedHealth Group, U.S. Department of Treasury, WellPoint Health Networks and other large blues plans where he developed strategies and led projects in the areas of transaction processing, web-portals, provider adoption and medical management. Bill was also the founder and CEO of CareWide, which developed Microsoft-based software for managing provider offices and was acquired by Amicore, a joint venture of Microsoft and Pfizer, and now is a part of AllScripts. Bill graduated from the University of Pennsylvania with a Bachelor of Arts in Economics and was a member of the varsity squash team. Bill has been involved as a member and active board member with several not-for-profit organizations.
CHRIS SEIB – Director and Co-Founder – Before founding InstaMed, Chris was an executive in Accenture’s Health and Life Sciences practice. Chris focused on architecting and delivering portal and connectivity solutions at clients such as UnitedHealth Group, WellPoint Health Networks and many regional health plans. Chris has managed large teams of people in multi-project initiatives, such as eCommerce development, software application development and operations. Additionally, Chris has been involved in strategic development efforts regarding government health initiatives, consumer-directed health plans and direct connectivity between providers and payers. Chris has certifications and expertise in Programming, Architecture, User Experience, Database Technologies, Networks, Network Architecture, Security and Project Management. Chris is a named inventor of multiple patents and patent applications held by InstaMed. Chris graduated Cum Laude from Harvey Mudd College with a Bachelor of Science in Engineering and a minor in Economics. Chris was also a member of the Tau Beta Pi Engineering Honor Society, captain of varsity water polo and an All-American. Chris is an active board member of the Newport Beach Junior Lifeguard Foundation, and an avid fan of water sports including boating and surfing.
TIMOTHY C. COLLINS – Director – Mr. Collins is Principal of T.C. Collins & Associates, a real estate development and asset management firm in Southern California which he founded in 1986. Previously, he was Executive Vice President and CFO of Jet America Airlines, a company he co-founded and took public in 1981, which was acquired by Alaska Airlines in 1987. From 1975 – 1980 he was Controller/CFO of Air California, a public company, which was subsequently acquired by American Airlines. From 1970 – 1975 he was an auditor with Arthur Andersen & Co. In addition to his role as a director of InstaMed, Mr. Collins serves as an Advisory Board member for Cornerstone Ventures, the manager of a publicly registered, non-traded real estate fund specializing in industrial multi-tenant business parks. Mr. Collins serves as chairman of its audit/financial oversight committee. Mr. Collins graduated from the University of Santa Clara with a Bachelor of Arts in Commerce and is a licensed CPA (inactive).
JAMES T. GUNTON – Director – Mr. Gunton is General Partner of NJTC Venture Fund. Mr. Gunton has served the technology industry for nearly 20 years, initially in Silicon Valley as a rapidly promoted manager at Oracle Corporation, then subsequently in an investment capacity. In 1994, he joined Edison Venture Fund and as Vice President and Principal, led its investment activity in New Jersey. Jim represents NJTC Venture Fund at seven portfolio companies, was New Jersey’s 2004 “Financier of the Year”, and is a Board Governor of The National Association of SBICs (NASBIC). Jim received a bachelor’s degree from Stanford University and a Master of Arts in Business Administration with distinction from Duke University’s Fuqua School of Business.
NATHANAEL V. LENTZ – Director – Mr. Lentz is a Managing Partner of Osage Partners. Prior to joining Osage, Mr. Lentz was the CEO of Verticalnet, a leading provider of on-demand supply management software solutions, which was publicly traded. In January of 2008, Verticalnet was acquired by Italy-based BravoSolution. Prior to Verticalnet, Mr. Lentz was a Partner at Mercer Management Consulting and led both the San Francisco and Hong Kong offices. Nate began his career with Chemical Bank (now JPMorgan Chase) providing lending and structured financial services to mid-sized companies. Nate received a bachelor’s degree from Brown University and a Master of Arts in Business Association with honors from the Stanford Graduate School of Business.
JOHN LOFTUS – Director – Mr. Loftus has over 20 years of experience as a serial entrepreneur, private equity investor and operational executive. Mr. Loftus is currently a Managing Director at Actua. In this capacity, John primarily focuses on overseeing Actua’s operating companies, providing strategic, operational and financial guidance to Actua companies and evaluating new acquisition opportunities. Prior to joining Actua, Mr. Loftus was the founder of the Swinford Group LLC, a management consulting firm focused on growth strategies and turnaround situations in private equity-backed and Fortune 1000 companies. Prior to forming the Swinford Group, Mr. Loftus was the Manager Director and Executive Vice President for all technology investments at Safeguard Scientifics, Inc. At Safeguard, Mr. Loftus was an active director on partner company boards, led new and follow-on investments and oversaw multiple successful exits, including the sale of Mantas to Oracle. Prior to joining Safeguard, Mr. Loftus co-founded Gestalt LLC, which focused on software solutions for government and energy customers and was successfully sold to Accenture. Mr. Loftus also served as Senior Vice President of Breakaway Solutions, where he managed strategy and consulting engagements, and was part of the senior management team that took Breakaway Solutions public. Prior to Breakaway Solutions, Mr. Loftus was the Senior Vice President and CTO of WPL Laboratories, which earned recognition as an Inc. 500 company. Early in his career, Mr. Loftus held executive positions at PECO Energy and GE. Mr. Loftus graduated with a Bachelor & Master of Electrical Engineering and a Master of Computer Science from Villanova University. He also obtained a Master of Organizational Development from the University of Pennsylvania.
JIM MADDEN – Director – Mr. Madden is a Co-Founder and Managing Director at Carrick Capital Partners, and co-chairs Carrick’s Investment Committee with Co-Founder Marc McMorris. Jim is actively and directly involved in investing in innovative technology-enabled services companies including BPO, Transaction Processing and Software as a Service (SaaS). Jim works closely with CEOs, executive teams and boards to dramatically scale companies and create long-term value. Jim’s specialties are growth, in particular working with portfolio company management to secure Global 500 clients; management team building; and establishing world-class boards of directors composed of industry luminaries. Earlier in his career, Jim was the Founder, Chairman and CEO of Exult, Inc., the market pioneer and leader in HR BPO for Global 500 companies. He grew Exult to more than $500 million in revenue, led the company’s successful IPO in 2000 and managed an $800 million acquisition by Hewitt in 2004. Jim earned his BBA in finance and a BA in geology from Southern Methodist University.
PATRICK F. COLLINS – Advisor – Mr. Collins established his own practice as a CPA in Southern California after seven years with Arthur Andersen. His practice concentrates on high net worth individuals and involves significant private investment activities. He is a director of a number of start-up companies in which he and clients are equity participants. Mr. Collins sits on several not-for-profit boards and is a director in a number of privately held companies. Mr. Collins is a graduate of the University of Southern California.
DAVID C. DRAHMS – Advisor – Mr. Drahms is Vice President of Osage Partners. David joined Osage in 2005 and plays an active role in all of the Osage portfolio companies. David is an active member of several venture organizations, including the MAC Alliance, Early Stage East and the 3 Rivers Venture Fair. Prior to Osage, David was a project manager and mechanical engineer at Teradyne, Inc., a Boston-based manufacturer of semiconductor test equipment. David received a Bachelor of Science in Mechanical Engineering from the University of Rochester and a Master of Arts in Business Administration from The Wharton School of Business, University of Pennsylvania.
CHRIS WENNER – Advisor – Mr. Wenner is a Vice President at Carrick Capital Partners and a member of the founding team. Chris leads Carrick’s thematic sourcing effort focusing on healthcare, cyber security and enterprise software. Prior to joining Carrick, he worked at Perella Weinberg Partners, where he focused on mergers and acquisitions and private capital transactions in the technology industry for clients including Oracle, Google and Hewlett-Packard. Mr. Wenner graduated from the University of California with a Bachelor of Arts in Economics.
HYMAN R. KAHN, M.D. – Advisor – Dr. Kahn was the Chief Medical Officer and Senior Vice President of US Healthcare until its merger with Aetna, after which he spent five years as medical consultant to Aetna US Healthcare and Aetna International before retiring. Previously, he spent 20 years in clinical practice for Internal Medicine and Cardiology after spending 2 years of active duty in the US Air Force. Dr. Kahn serves on many boards including Thomas Jefferson University Hospital, Jefferson University Physicians, Accountable Care Organization of Pennsylvania and several private bio-technology companies. Dr. Kahn is a consultant in healthcare to several companies and a founding partner in Healthcare Executive Partners (HExPa) as well as a member of LORE, an angel investing group.
WILLIAM J. WESTERVELT – Advisor – Mr. Westervelt is the General Partner of Ashby Point Capital which he co-founded in 2007. Previously, Mr. Westervelt co-founded First Annapolis Consulting in 1991 and led it to become the premier consulting company in the payments industry. Bill has over 30 years of operating and advisory experience in all facets of the payments industry and has advised both domestic and international clients on a range of matters that have impacted the evolution of consumer/commercial payment products and systems. His expertise includes designing and implementing payment system strategies, assessing and structuring alliances, evaluating emerging payment systems alternatives and advising clients on mergers, acquisitions and dispositions. His clients include major international financial institutions, money center and regional banks, transaction processing companies, specialized technology providers, trade and credit associations and non-bank entities such as retailers and specialized finance companies. Prior to First Annapolis, Bill held executive and senior management positions in retail banking, credit card banking, and credit card processing. He has also served on numerous advisory committees for Visa USA, Visa International and vendors serving the financial services industry. Bill received a Bachelor of Arts in Economics from McDaniel College (formerly Western Maryland College) and a Master of Arts in Business Administration from the University of Baltimore.
BRIAN EFFRON – Advisor – Mr. Effron is the President and Founder of Healthcare Administrative Partners, which offers revenue cycle services and business consulting support to physician practices and hospitals across the nation. As President, Brian manages the company’s capital requirements, marketing and joint ventures, and strategic plan. Before founding Healthcare Administrative Partners, he accumulated nearly two decades of executive experience with various firms in healthcare and business industries. Brian served as President of Professional Management Services, prior to their merger with Medaphis Corp. He later served as a Divisional President of Medaphis Physician Services Corporation. Brian serves on many healthcare and other nonprofit boards.
WILLIAM H. GIESE – Advisor – Mr. Giese is a partner of Tax Counsellors of Bryn Mawr, a full service tax accounting firm. Mr. Giese was previously a tax partner of Price Waterhouse. Mr. Giese graduated Cum Laude from Amherst College with a bachelor’s degree and a Master of Arts in Business Administration from The Wharton School of Business, University of Pennsylvania.
BRADFORD S. OBERWAGER – Advisor – Mr. Oberwager is Chairman and CEO of Sundia Corporation, which commands over one third of the US market for watermelons. Brad is a co-founder and director of six companies and has founded and successfully sold two companies. Brad also served as an entrepreneur in residence for Softbank Venture Capital and was an investment banker with Bear Stearns. Brad is a graduate of The Wharton School of Business, University of Pennsylvania and Georgetown University.
FRANK P. SLATTERY, JR. – Advisor – Mr. Slattery is the President of Quintus Corporation, which originates new companies utilizing science from several universities. From 1969 to 1994, he was Director and CEO of LFC Financial Corporation, a diversified financial company. Mr. Slattery is the chairman of the board for several companies and serves as a trustee and director to Jefferson Health System and Main Line Health Systems. Mr. Slattery is a graduate of the University of Pennsylvania Law School and Princeton University.
LARRY STONE – Advisor – Mr. Stone has extensive experience in the payments industry. Mr. Stone served as the Chief Executive Officer of Card Payment Services for United Jersey Bank for four years, from 1992 to 1996 and as CEO for Card Payment Systems for four years from 1996-2002 prior to selling to Concord/EFS. Mr. Stone has also been a Principal & Director of Mercury Payment Systems, Inc., from 2006-2014 which majority stake was sold to Silver Lake in 2010 and the entire company to Vantiv in 2014 for $1.65 billion. He has consistently contributed high-level industry experience to the executive formula at Mercury fueling its growth. Mr. Stone started out with CitiCorp Card Acceptance Services in 1988. Mr. Stone is currently an Advisor at Mission Operators Group. Mr. Stone holds a Bachelor’s Degree in Economics with a concentration in Finance from the Wharton School at the University of Pennsylvania.