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Shobhan Thakkar

Business Officer and General Counsel at Forta

Austin, Texas Metropolitan Area

Overview 

Shobhan Thakkar is the Founding Partner of HealthX Ventures and a seasoned Angel Investor with a background in corporate law and financial analysis. With experience as Chief Business Officer and General Counsel at Forta, Thakkar has a strong track record in leading successful startups and providing strategic legal counsel. Thakkar's career highlights include founding Redox and serving as Chief Operating Officer and General Counsel for a private technology company, showcasing a blend of entrepreneurial spirit and legal expertise that has contributed to his success as an investor and operator in the healthcare industry.

Work Experience 

  • Chief Business Officer and General Counsel

    2022 - Current

Forta is a provider of healthcare services to help children with autism.

Raised $55,000,000.00 from Alumni Ventures, Besant Capital, Insight Partners, Exor Ventures, IKJ Capital, Umami Capital, Evolution Ventures, Alumni Ventures, What If Ventures and FJ Labs.

  • Partner/Investor

    2019

    BVA is a member-managed investment group that is on its 3rd fund. Lead investments in 3 companies. Actively looking for additional companies to invest in.

  • Adjunct Professor

    2020

    Adjunct Professor teaching Accounting and Finance for Lawyers.

  • Partner

    2015

    Founding partner for a $21+ million digital healthcare-focused seed fund that invests in solutions that can help make healthcare safer, more affordable, and provide better results. Structured deals, negotiated terms, and executed legal documents for the fund’s investment activities.

HealthX Ventures is a digital healthcare-focused venture capital firm.

  • Class 22 Fellow

    2017

    Established in 1995 and based in Silicon Valley, Kauffman Fellows develops leaders in innovation and capital formation through its 2-year program—a transformative opportunity designed to radically accelerate innovator success through self-reflection, peer learning, mentoring, and a structured curriculum taught by venture capitalists and global thought leaders.

Co-investment VC firm supporting the mission of the Kauffman Fellows

  • General Counsel and Corp Dev.

    2017 - 2022

    (Acquired by ACT) As a member of the senior management team, advised on a broad range of business and legal matters, including the acquisition of strategic businesses and the eventual sale of the company to Act, Inc. Review, assess, structure, negotiate, draft, and approve commercial contracts relating to all aspects of the business, including vendor agreements, data agreements, SaaS Agreements, maintenance agreements, technology agreements, master service agreements, confidentiality agreements, license agreements, and other related commercial agreements. Maintained corporate minutes and record books, including drafting corporate resolutions; handle internal and external legal inquiries; manage outside legal counsel and accountants; maintain and update commercial contracts templates. Assist with the design and execution of major business transformation initiatives such as new verticals for the business and review potential business transactions to elevate business performance, profit optimization, and growth opportunities. Leveraged new and current technologies in compliance with privacy regulatory requirements by driving the rollout of OneTrust. Responsible for all aspects of sourcing, analyzing, and executing strategic equity investments with early-stage companies demonstrating new/innovative technologies aligned with Encoura’s mission and corporate initiatives Executive sponsor to lead implementation and integration of contract management system which commenced with a thorough market analysis of solutions to negotiating the contract with the chosen system. Covered the education technology sector for investment, partnership, and/or M&A opportunities, conducted and led diligence and market analysis for deal flow as well as negotiated deal terms.

Encoura is a non-profit membership organization.

  • Investor

    2012 - 2017

    Ale Syndicate Brewers is one of Chicago's newest breweries. Located in the Logan Square community, Ale Syndicate is dedicated to making craft beer worthy of Chicagoans. Learn more at alesyndicate.com.

  • Member

    2012 - 2017

  • Co-Founder

    2014 - 2015

    Redox accelerates the development and distribution of digital health solutions with a full-service healthcare integration platform to securely and efficiently exchange data. Healthcare organizations and technology vendors connect once and authorize the data they send and receive across the most extensive interoperable network in healthcare. Redox exists to make healthcare data useful and every patient experience a little bit better. Learn how you can leverage the Redox Platform at www.redoxengine.com.

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.

  • Chief Operating Officer and General Counsel

    2014 - 2014

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