Chase Feiger
Venture Partner at Trust Ventures
United States
Overview
Work Experience
Co-Founder
2019 - Current
Ostro is an AI company offering the first end-to-end solution for digital commercialization in the life sciences sector. We are a team of former Google, Amazon, McKinsey, Hims & Hers, Abbvie, Doximity engineers, life scientists, doctors, designers and product innovators to digitize and provide next-generation software solutions for HCPs, consumers, and life science companies. www.ostrohealth.com
Ostro is a health platform that personalized engagement solutions for life sciences.
Raised $45,000,000.00 from RRE Ventures, Bling Capital, Byers Capital, Greycroft, Caffeinated Capital, Trust Ventures, Founders Fund and Susa Ventures.
Contributing Writer
2018
Contributing writer for Forbes, focusing primarily on life sciences. I've written a number of pieces covering areas such as the enterprise tech, consumer tech, consumerization of healthcare, medical device manufacturing, and pharma manufacturing.
Forbes Magazine is a business magazine that is focused on business news and financial information.
Raised $200,000,000.00 from Binance.
Venture Partner
2021
Trust Ventures is a venture capital firm that focuses on startups and provides knowledge and expertise in incumbent-heavy industries.
Sequoia Scout
2023 - 2024
Investing in pre-seed and seed stage AI, Enterprise, Health Tech, and Life Science Software companies
Sequoia Capital is a VC firm that invests in startups in the energy, financial, enterprise, healthcare, internet, and mobile industries.
Adjunct Lecturer
2020 - 2024
Teaching a course entitled "Disruption and Innovation in the Healthcare Market"
Co-Founder
2013 - 2018
Parsable (formerly known as Wearable Intelligence from 2013-2015) is an enterprise SaaS company, transforming the lives, productivity, and safety for the 70% of the global workforce whose jobs aren’t performed at a desk, and making measurable impact to billion-dollar problems affecting the world’s global industries (often ignored by Silicon Valley). We’ve built mobile-first software for collaboratively completing process-based work that is already in use at global Fortune 500 companies across a variety of industries such as industrial manufacturing, aerospace/defense manufacturing, energy, CPG manufacturing, medical device manufacturing, pharmaceutical manufacturing, and more. With it, teams can author and execute complex procedures, collaborate in real-time with team members and across the supply chain, and for the first time have hands-on access to everything they need to get the job done right, anywhere and on any device. Parsable powers $1 trillion in production revenue for industrial operations: -360,000+ monthly jobs completed -deployed in 80+ countries around the world with 20+ languages supported -75% reduced defects -12% increased throughput -10% decreased waste -6% improved OEE Along with my two cofounders, we pivoted the company three times from 2013-2015 ultimately finding product-market fit in August 2015 through extensive customer development across 10+ industry sectors. Scaled the company from $0-$XXM ARR SaaS/$XXXM enterprise value in 2018, before leaving the company to finish my clinical rotations in medical school.
Parsable offers a connected worker platform for industrial workers with modern digital tools to improve productivity, quality and safety.
Raised $132,874,243.00 from Downing Ventures, Saudi Aramco Energy Ventures, B37 Ventures, Future Fund, Activate Capital Partners, Cisco Investments, Evolv Ventures, Honeywell, Princeville Capital and Lightspeed Venture Partners.
Partner
2013 - 2018
An operator fund with investments in: Masterclass.com (Series A, B, and C) Thumbtack (Seed, Series A, Series B, Series C) Dynasty.com (Seed) (acq. by NASDAQ: APPF) Rocksbox.com (Seed) (acq. by NYSE:SIG) Howdy.ai/XOXCO (Seed) (acq. by NASDAQ: MSFT) Buddybuild (Seed) (acq. by NASDAQ: AAPL) Mixer Labs (Seed) (acq. by NYSE: TWTR)
Outlier Ventures invest in the early stage ventures of exceptionally driven entrepreneurs who are building transformative companies.
Intern
2012 - 2013
-While in medical school, I provided research and insight to existing portfolio companies -Helped conduct due diligence on new potential investments -Left to start Parsable, which First Round Capital led the seed round for.
First Round Angel Track is a community of operators and founders looking to develop their skills and identities as early-stage investors.
Strategy Consultant
2011 - 2012
-Immediately following my graduation from UPenn, I worked as a full-time strategy consultant at Accenture, focusing on Energy, Chemicals, Pharmaceuticals and Health IT -I left Accenture after being awarded a Trust Scholarship to attend Cambridge University for my Masters
Accenture Ventures is a venture capital firm arm of Accenture, delivers innovative solutions with strategic partnerships and investments.
Research Coordinator
2007 - 2010
August 2010-December 2010 Studied the use of health information technology changes in workflow engendered by clinician (RN) respondents and (MD) respondents September 2009-January 2010 Conducted organizational behavior research in the Neuro ICU, studying how workflow is affected by architecture and health information technologies. Using this research, I co-authored multiple papers November 2007-May 2009 Worked as a research coordinator in the Department of Cardiothoracic Surgery. Most of my work was completed through the IRAD Database Worked in these roles as an undergrad at UPenn. Left in 2010 since I graduated.
Penn Medicine is the medical school that provides medical research and education services to students.
Raised $70,900,000.00 from Warren Alpert Foundation, National Cancer Institute, National Institutes of Health, National Institute of Diabetes and Digestive and Kidney Diseases, National Institutes of Health and National Institutes of Health.