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Flare Capital Partners Promotes Dan Gebremedhin, MD, to Partner

January 3, 2019

BOSTON--(BUSINESS WIRE)--Jan 3, 2019--Flare Capital Partners, a market leading healthcare technology venture capital firm, today announced the promotion of Dan Gebremedhin to Partner. Dr. Gebremedhin joined Flare Capital in 2015 prior to the final closing of the firm’s first $200M venture fund. Dr. Gebremedhin’s new role leverages his more than ten years of healthcare industry experience as a clinician, operator, and entrepreneur. He most recently led the firm’s investment in Somatus and serves on the Board.

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Dan Gebremedhin, MD (Photo: Business Wire)

“Dan’s promotion is due to a combination of his ability to provide value to our entrepreneurs, along with his experience in and commitment to the healthcare industry,” said Michael Greeley, co-founder and general partner.

Bill Geary, co-founder and general partner, commented, “It’s been amazing to see Dan grow into a talented investor and advisor since joining the firm as Senior Associate. We’re proud to have him as a partner.”

Dr. Gebremedhin is a faculty physician in Internal Medicine at Massachusetts General Hospital, and clinical instructor at Harvard Medical School and serves on the Massachusetts Governor Baker’s Board of Nursing Home Administrators. Prior to Flare, Dr. Gebremedhin served as a Medical Director at the Harvard Pilgrim Health Plan, and spent time as an entrepreneur in the Health IT Industry. He completed his MBA at the Harvard Business School, his Medical Degree at the Morehouse School of Medicine, and his bachelor’s from the University of California San Diego.

“Dan’s domain expertise, business building acumen, and incredible work ethic have been assets to me as the CEO of an early stage organization creating lasting impact in healthcare. Kudos to Flare Capital for recognizing Dan’s promise, and I’m excited to see the great contributions Dan will make in this next chapter at Flare,” said Ikenna Okezie, CEO of Somatus.

“Dan quickly became a trusted partner in my on-boarding as CEO at Aetion. His commitment to aiding in commercial development, strategy and fundraising efforts continues to provide value as we scale. In his new role, Dan will be invaluable to entrepreneurs leading the next generation of healthcare technology and service companies as they finance and build their organizations,” said Carolyn Magill, CEO, Aetion.

Dan’s other interests include Healthcare Policy and Global Health. He has served as a Senior Health Policy Advisor for the Campaigns of Governor Charlie Baker and Congressman Joseph Kennedy III. He has worked to expand healthcare infrastructure in the developing world, serving as a consultant for the Clinton Foundation Health Access Initiative (CHAI) in Ethiopia.

About Flare Capital Flare Capital is a team of proven healthcare technology venture capital investors and senior operating executives known for their unparalleled strategic industry resources, insight and total commitment to the success of its entrepreneurs. Flare Capital raised one of the industry’s largest dedicated venture capital funds focused exclusively on early stage opportunities in healthcare technology innovation and is privileged to closely partner with founders and management. Investments include Aetion, Aspen Health, Bright Health, Circulation (acquired by LogistiCare), ClearDATA, Curisium, HealthReveal, HealthVerity, higi, Iora Health, Somatus, Valence Health (acquired by Evolent Health), VisitPay and Welltok.

Learn more at www.flarecapital.com and follow the firm on Twitter @FlareCapital

View source version on businesswire.com:https://www.businesswire.com/news/home/20190103005068/en/

CONTACT: Kim Pegnato

(781) 620-0016

kpegnato73@gmail.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY HEALTH GENERAL HEALTH

SOURCE: Flare Capital Partners

Copyright Business Wire 2019.

PUB: 01/03/2019 08:00 AM/DISC: 01/03/2019 08:01 AM

http://www.businesswire.com/news/home/20190103005068/en

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