Louisville, KY, May 5, 2011
Chrysalis Ventures today announced the addition of Roy Ziegler to the firm as Venture Partner. Most recently with San Francisco-based Health Evolution Partners, Ziegler is an experienced healthcare technology investor, operator and consultant.
“I am thrilled that Roy is joining the Chrysalis Ventures team,” said David A. Jones, Jr., Chairman and Managing Director of Chrysalis Ventures. “Roy has 25 years of experience in healthcare services and technologies as an investor and operator, and his knowledge, networks and insight, not to mention his direct hands-on operating experience, will be a valuable addition to the Chrysalis team.”
“Chrysalis Ventures has a sophisticated and disciplined healthcare services and technology investment practice,” Ziegler added. “I am excited to work with the team to find the next great healthcare technology companies and help them succeed.”
At Health Evolution Partners, Ziegler initially focused on the fund’s venture strategy, investing in four venture funds and leading investments in healthcare services and IT companies, including Prematics, Mauna Kea Technologies, and Foundation Radiology. Later, as an Operating Partner, Ziegler focused on investments in later stage healthcare IT companies. Prior to Health Evolution Partners, he was a Venture Partner at Partech International, where he sourced and led the firm’s investment in Vimo and also worked with Radianse and DecisionView.
Chrysalis Managing Director Koleman Karleski said, “It’s an exciting time to be investing in healthcare, and we’re fortunate to have assembled a deeply experienced team to help entrepreneurs build great businesses.”
Prior to becoming an investor, Ziegler was a Board member and part of the senior executive team at healthcare IT consulting firm First Consulting Group (FCG) responsible for growing FCG’s revenue from $8 million to $300 million over a ten year period, which included an initial public offering. Focusing on healthcare information technology and outsourcing, he had P&L responsibility for multiple business practices and/or operating regions that served hospitals, health insurance and pharmaceutical companies, and was CEO of the eServices division. FCG was ultimately sold to Computer Sciences Corporation.
After graduating from Pepperdine University with a degree in business administration, Ziegler joined Accenture where he specialized in healthcare IT and healthcare services, working with hospitals and health insurance companies to develop IT strategies and implement systems and technologies to drive operating improvements. He also helped create a national health insurance practice within the firm.
Ziegler will be based in San Francisco.
# # # #
About Chrysalis Ventures
Chrysalis Ventures manages one of Mid-America’s largest funds for early-stage and growth investments with approximately $400 million under management. Since 1993, the firm has invested in over 65 companies, primarily in the healthcare and technology sectors. With headquarters in Louisville, Kentucky, Chrysalis has offices in Cleveland, Pittsburgh, Ann Arbor and Houston. The firm seeks to partner with entrepreneurs to build enduring businesses in industries undergoing significant transformation. For more information, please visit www.chrysalisventures.com.