Social Entrepreneurs Who Solve Profound Societal Problems
We share a passion and social mission!
Social Entrepreneurs Who Solve Profound Societal Problems
We share a passion and social mission!
Who We Are
We Believe We Can Make The World Better
We are innovation pioneers for whom improving our community is part of our life's story. We are passionate, not passive leaders who share a social mission to solve profound societal problems. We believe that social entrepreneurship unlocks human potential and makes the world a better place. We found and/or fund 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 beautiful Newport Beach, California.
We Are Strong Leaders with Experience
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.
What Makes Us Successful
Focus on Solving Profound Societal Problems
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
Search, identify, and understand what creates a problem by evaluating the data, speaking with the stakeholders, and understanding the “why”. Our portfolio companies are "missions" as much as companies. The two areas of focus or profound societal problems that we have chosen so far are: (1) The "Graying Tsunami" or Longevity Market as the Population Ages - It's the one condition that we all will face together; and (2) The Least Understood and Most Important Organ - the Brain - involving neuroscience and mental health technologies
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
We are not passive, but rather passionate. We invest time and money - the two things everyone wants more of and doesn't have enough of - to build fast-growing ventures that deliver value - "rocket ships". Since you cannot make, raise, or invent more time, we take our time very seriously. We will be Board Members, Board Observers, Interim Executives, Advisors or more. We will not only help you think through the solution to the problems, but we will also roll-up our sleeves and help you to solve it. We are "hands-on" partners.
How We Measure ROI
Rolling Up Our Sleeves to Help Build Rocket Ships of Value
How We Measure ROI
Since we are small check writers ($25,000 to $250,000), we consider ourselves "major league business builders" and "minor league financial investors." We've helped our portfolio raise over $150M in subsequent financing. So, our goal is to help our portfolio companies shift, pivot, expand and innovate to realize their potential and achieve the next important inflection points. We are "early stage" participants and have a proven track record of delivering an ROI that increases patient, clinician, society and shareholder value.