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7wire Ventures

Company

Investment-firm

Financing round

General

About Company
7wire Ventures is a venture capital firm that invests in early-stage digital health companies.

Industry

Sector :

Subsector :

founded date

01.01.2011

Number of employees

IPO status

Private

Description

The firm was founded in 2011 with the goal of disrupting the status quo and supporting new ideas, technologies, approaches, and business models for solving society's most important problems. They provide funding and operating guidance to companies that challenge the "way things are done" and have a track record of transforming great ideas into world-class companies. Their focus is on empowering the Informed Connected Health Consumer through the use of connected devices, the cloud, and sophisticated analytics to improve the efficiency of the healthcare system and outcomes for all.
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Acquiree Name 
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EosHealth (became Livongo) acquired by 7wire Ventures

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acquirer

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date

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type

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Glen Tullman
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Glen Tullman is the Chairman and Chief Executive Officer of Livongo. Livongo is empowering people with chronic conditions, beginning with diabetes, to live better lives, using a combination of innovative technology paired with personalized and context sensitive information delivered when and where it is most impactful at improving health. Today, Livongo is the leading consumer digital health company focusing on chronic conditions. A visionary leader and entrepreneur, Tullman previously ran two public companies that changed the way healthcare is delivered. Most recently, he served as Chief Executive Officer of Allscripts (NASDAQ: MDRX), the leading provider of Electronic Health Records, Practice Management and Electronic Prescribing systems, where he grew revenues from $30 million in 1997 to more than $1.4 billion in 2012, and led the company’s IPO and secondary offerings. Prior to Allscripts, Tullman was CEO of Enterprise Systems, a leading healthcare-information services company providing resource-management solutions to large, integrated healthcare networks that he also took public before it was sold to McKesson HBOC (NYSE: MCK). Tullman is also a successful entrepreneur, and Co-Founder and Partner in 7wireVentures, a Chicago-based investment firm focused on healthcare and education. Through 7wire, he has co-founded a number of ventures including one of the country’s leading solar energy companies, SoCore Energy, sold to Edison Ventures, and a digital education company, and holds investments in several ventures focused on mobile and cloud-based health solutions. As a recognized leader in healthcare and entrepreneurship, Glen is a contributor to Forbes, and sought after as a speaker and industry expert on innovation and change. A strong proponent of philanthropy, he serves as a Chancellor to the International Board of JDRF.

current job

Transcarent
Transcarent

count Of Investments

4

count Of Exists

1

Glen Tullman

Lee Shapiro
Lee Shapiro

Lee Shapiro

Lee Shapiro is Managing Partner at 7wire Ventures, an investment firm he co-founded over a decade ago. He serves on the boards of Medidata Solutions [NASDAQ:MDSO], Tivity Health [NASDAQ:TVTY], and Aptus Health (f/k/a Physicians Interactive Holdings, a Merck subsidiary [NYSE:MRK]). He is also active with the 7wire portfolio and serves on the boards of Livongo Health, Ayogo Health, Carebox, Zest Health (Chairman), Modern Teacher (past Chairman), and Education Funding Partners. As President of Allscripts [NASDAQ:MDRX] from 2001 through 2012, his leadership was central to over $4B in mergers, acquisitions and financings. He oversaw the company's strategy, international operations, business development and partnerships, health plan initiatives and entrepreneurial business investments. He is a member of the Northwestern’s Kellogg Innovation Network Advisory Board, the University of Chicago Innovation Fund Advisory Committee, The Qualcomm Life Advisory Council and is on the advisory board for the Center of Digital Innovation in Health in Beer-Sheva, Israel. Lee is a member of the National Board of Directors of the American Heart Association. He has also served as an officer and director of the Gastro-Intestinal Research Foundation (GIRF), where he is now on the advisory board. Lee earned his JD degree from The University of Chicago Law School and a BS in Accounting from The University of Illinois Urbana-Champaign.

current job

Forbes Chicago Business Council
Forbes Chicago Business Council

count Of Investments

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Lee Shapiro

Employee Profiles
18

Emily Arfman

Mba associate

David Schonthal

David Schonthal

Operating Partner

Alyssa Jaffee

Alyssa Jaffee

Vice President

Tom Main

Tom Main

Partner

Scott Leisher

Scott Leisher

Operating Partner

Robert Garber

Robert Garber

Managing Director

Glen Tullman

Glen Tullman

Co-Founder & Managing Partner

Angela Merritt

Executive assistant

Activity

Recent News
2
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