Mark Bakken
Managing Partner at HealthX Ventures
Madison, Wisconsin
Overview
Work Experience
Founder and Managing Partner
2015 - Current
An early-stage venture fund with >36 portfolio companies across 3 funds, HealthX Ventures leads pre-seed, seed, and series A investments in digital health companies. We are the proud partners of companies such as Medable, Redox, DotCom Therapy, RehabPath, CareX.ai, RxLightning, InsightRx, KeyCare, and many more.
HealthX Ventures is a digital healthcare-focused venture capital firm.
Board Member
2016 - 2020
Medable is transforming clinical research and predictive medicine by creating a platform powered by patient generated data.
Raised $506,638,069.00 from Western Technology Investment, Sapphire Ventures, Launchpad Digital Health, Blackstone Accelerates Growth and GSR Ventures.
Board Member
2015 - 2019
Redox is an EHR integration and healthcare platform that accelerates the development and distribution of healthcare software solutions.
Raised $95,000,000.00 from RRE Ventures, Avenir, Adams Street Partners, .406 Ventures and Battery Ventures.
Founder and CEO
2010 - 2014
Bootstrapped the business from startup to $120m a year in revenue in less than 5 years. Was recognized as the #46 fastest growing company in the USA by Inc magazine in 2014. Today Nordic has more than 3,000 employees. Nordic was sold in 2021 for >$400m.
Nordic offers information technology advisement to companies in the healthcare industry.
Raised $5,000,000.00 from Silversmith Capital Partners.
Senior Vice President of Business Development
2008 - 2009
Helped with the smooth transition of Bedrock clients and contracts to Tushaus. Tushaus was later Acquired by Dedicated Computing.
Founder & CEO of Bedrock Managed Services & Consulting, (ACQ: Tushaus/Dedicated Computing)
2004 - 2008
Created a patent-pending Managed Services methodology for remotely managing Microsoft systems. Grew the business from start up to $5M/year in managed services revenue. Sold the business to Tushaus in 2008. Tushaus was later acquired by Dedicated Computing.
Dedicated Computing designs, validates and integrates compute engines for Original Equipment Manufacturers (OEMs) and Independent Software
VP of Information Systems
2003 - 2003
Identified a way to save $30M/year on their IT budget by consolidating technologies and optimizing processes.
GM-Midwest
2002 - 2002
Helped with the smooth transition of Goliath customers to IIS
Founder & CEO of Goliath Networks, ACQ: IIS
1993 - 2001
Bootstrapped IT services business from startup to $25M/year in sales. Helped Microsoft create the Gold certification program and advised Microsoft for 7 consecutive years on their Infrastructure Partner Advisory Council. Sold the business to a public company (IIS) in 2001