Flare promotes Gebremedhin to partner


Flare Capital Partners has promoted Dan Gebremedhin to partner. Gebremedhin joined the healthcare tech-focused venture firm in 2015.

PRESS RELEASE

BOSTON–(BUSINESS WIRE)–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.

“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

PE Hub Healthcare Wire delivers private equity and M&A healthcare deal activity, fundraising news, people moves, regulatory updates and much more every Thursday. Subscribe now! It’s FREE.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.

PE Hub Healthcare Wire delivers private equity and M&A healthcare deal activity, fundraising news, people moves, regulatory updates and much more every Thursday. Subscribe now! It’s FREE.