LB

Larry Brownstein

Advisor, Investor, Operator

Greater Philadelphia

Overview 

Larry Brownstein is a seasoned advisor, investor, and operator with a strong background in business strategy, commercialization, and sales management. Currently serving as the Chief Operating Officer at CenExel and Hassman Research Institute, he also holds senior advisory roles at Apex Innovative Sciences and Grovara, showcasing his expertise in life sciences, venture capital, and entrepreneurship. Brownstein's notable career highlights include leading sales force development and strategic planning at various organizations, as well as providing mentorship and investment guidance to startups in the healthcare and technology sectors through his roles at Dreamit Ventures and AiCure.

Work Experience 

  • Chief Operating Officer

    2022 - Current

CenExel Clinical Research provides unparalleled medical and scientific support in the design and execution of clinical trials.

  • Chief Operating Officer

    2020

  • Senior Advisor

    2020

  • Senior Advisor - Investor

    2020

    Grovara is the 1st B2B Global Marketplace for US Wellness Brands, connecting hundreds of natural and organic brands with international retailers in a single, online marketplace. From product discovery, to order processing and fulfillment, Grovara is reshaping the buying experience, making it easier for B2B buyers and brands to do business. Seed round funding complete $5.5M

Grovara is the 1st B2B Global Marketplace for US Wellness Brands, connecting natural and organic brands with international retailers.

Raised $5,775,000.00 from Ben Franklin Technology Partners of Northeastern Pennsylvania.

  • Advisory Board Member

    2019

ERPHealth is an outcome tracking platform that provides behavioral health care services.

  • Senior Advisor - Investor

    2016

    At AiCure we use artificial intelligence (AI) on mobile devices to confirm medication ingestion in clinical trials and high-risk populations. Series A & B funding - Tribeca Venture Partners, Pritzker Group, New Leaf Venture Partners.

AiCure is an advanced data analytics company that uses artificial intelligence to understand how patients respond to treatments.

Raised $68,750,000.00 from Singtel Innov8, New Leaf Venture Partners, SpringRock Ventures, Asahi Kasei, Silicon Valley Bank, Biomatics Capital Partners, Palisades Growth, Accelmed, Pritzker Group Venture Capital and Tribeca Venture Partners.

  • Advisor - Investor

    2017

    Helping the cannabis industry to transact safely, securely, and in compliance - KindPay closed loop payment platform.

Kind Financial believe the cannabis industry has the right to do business like any other.

  • Senior Advisor

    2020

    Teslake is a medical device manufacturer that has technology to make surfaces permanently antimicrobial. Teslake's strategy is to eliminate the unnecessary and costly organizational structure and create a virtual company for distribution and sell direct to the hospital.

  • Business Mentor & Investor

    2008

    DreamIT Healthtech is a growth-focused program for digital health, medical device, and diagnostic startups. This business accelerator provides startups with access to investors, a sales pipeline and a network of resources. DreamIT Healthtech is the only growth accelerator designed for mature startups.

Venture fund focused on real estate tech, proptech & construction tech startups.

  • Business Mentor/ Advisor/ Investor

    2014

    Parkloco is a software and analytics platform for the parking industry. The state-of-the-art technology provides metrics in real time to help drive decision-making and increase revenue.Series A completed 2016 (Bantam Capital, NXT Ventures, DreamIt Ventures). Acquired by Volley Automation Inc. (January 2019).

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