Steve Sigmond
Founder of Engage Venture Partners
Greater Minneapolis-St. Paul Area
Overview
Work Experience
Founder & Managing Director
2022 - Current
Engage is a research-driven venture capital firm investing in early-stage medtech companies. Our team has extensive healthcare and medical device industry knowledge, and decades of experience in both investing and startup operations. We offer a select group of accredited investors the opportunity to co-invest with us in companies that have passed our rigorous due diligence process.
Engage Venture Partners is a venture capital firm focused on early-stage medtech companies.
Founder, CFO, VP Marketing
2015 - 2021
I built and ran Carrot Health's finance, administrative, legal, and HR functions, from the company's inception through its sale and post-merger integration. I also built and ran Marketing, driving industry awareness, sales lead generation, and revenue growth. Acquired by Unite Us in August 2021, Carrot Health was a SAAS solutions provider that used consumer and Social Determinants of Health data to help healthcare companies engage patients and members, close gaps in care, and optimize performance. Carrot Health’s numerous awards included: • 2021 - Ranked #2 on the MSP Business Journal Fast 50 list of fastest-growing privately held companies in the Twin Cities • 2021 - Ranked #311 on the Inc. 5000 list of fastest-growing privately held US companies • 2021 - MSP Business Journal Fire Award winner • 2020 - Gartner "Cool Vendor in Healthcare Technology" • 2020 - Accenture HealthTech Innovation Challenge "Top Innovator" winner • 2018 - Minnesota Technology Association Tekne Award winner • 2018 - MN Cup Grand Prize runner-up & Life Sciences/Health IT division winner • 2017 - MedCity INVEST Twin Cities Pitch Perfect Contest winner
Carrot Health helps healthcare payers and providers increase market share, improve loyalty, and strengthen engagement.
Chief Financial Officer
2012 - 2015
Nonprofit museum that inspires the next generation of innovators, engineers, and creative problem solvers. The Works' exhibits, programs, and design challenges engage kids in grades K-6 in science, technology, engineering, and math (STEM), serving approximately 75,000 visitors per year.
Venture Partner
2004 - 2011
I advised portfolio companies and sourced new investment opportunities for a $280 million venture capital fund that focused on go-to-market stage technology companies in the communications, enterprise infrastructure software, storage, and wireless markets.
Managing Director, Equity Research
1995 - 2004
I founded, built, and led the Internet research practice at Wessels, Arnold & Henderson, an investment banking and institutional equity capital markets firm that was acquired by Dain Rauscher and then RBC. My research coverage focused on the Internet infrastructure, Internet security, content management, and enterprise software sectors. During my career as a sell-side analyst, I covered more than 50 public companies and sponsored 56 lead- and co-managed underwriting transactions. I was recognized by Institutional Investor magazine as a "Home Run Hitter" and "Best of the Boutiques" analyst, and twice by The Wall Street Journal as a "Best on the Street" winner.