We are innovation pioneers for whom improving our community is part of our life's story. We share a passion and social mission to solve profound societal problems. We believe that social entrepreneurship unlocks human potential and makes the world a better place. We found for-profit businesses and non-profit organizations using innovative technology and then support their growth by investing as angel investors, helping place a strong team, providing infrastructure, and attracting partners. Profound Ventures, LLC is based in "Silicon Beach" in Newport Beach, California to zero-in on solving profound societal problems.
Our team brings a diverse and experienced skill set to each endeavor and has many accomplishments, including: Over 75 IPOs, Successfully built companies ranked in the Inc. 500 and Deloitte Technology Fast 500, Led genetics policy making at the FDA, multi-year EY Entrepreneur of the Year Finalist, Raised over $1 billion in capital, Senior executive leadership of R&D for the nation's leading PBM and mail-order pharmacy, Chief Technology Officer at the Milken Institute, authors on over 50 peer-reviewed publications, and more.
Search, identify, and understand what creates a profound societal problem by evaluating the data, speaking with the stakeholders, and understanding the “why”.
Invent a technology and business model that addresses root causes. Create a clearly defined revenue model to deliver value, or a new non-profit organization that can be supported through grants and donations. Establish “proof of concept” through research, studies, and/or initial customers. Recruit an initial team and partners. Find financial partner(s) to invest and help grow.
Track and publish outcomes to substantially reduce and eliminate the burden, suffering and costs on people, families, communities, businesses, and governments due to profound societal problems. Hold everyone accountable.
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