Robert R. Davenport III

Robert R. Davenport III

Managing Partner - Brightpath Capital Partners, LP

Rob Davenport (entrepreneurship, management, corporate development, strategic alliances, technology commercialization)

 

Over the last two years, Rob has advised the Greater New York Hospital Association (“GNYHA”) and their supply chainmanagement/group purchasing organization (“GPO”) affiliate, Acurity Inc, that manages a $7B annual spend on behalf of greater NYC hospitals. The focus of the assignment was helping GNYHA and Acurity diversify the greater NYC hospital supply chain with certified Minority/Women Owned Business Enterprises (“MWBE’s”). Through this assignment he developed relationshipswith senior management of several hospital systems and a detailed understanding of the structure of and institutional relationships in the hospital industry, hospital operations and healthcare focused information technology solutions. He also identified the hospital “pain point” related to clinical equipment management that led to the founding of UpAiQ.

 

Rob has over 25 years’ experience as an operator, deal maker and investor in senior executive roles with innovative private, venture funded, and public companies in transforming industries including Lehman Brothers, TLC Beatrice Foods, Intellicall, TCIInc, Teleport, Sprint PCS and Covad International. Much of his operating experience has been in telecommunications, and he has served in public company executive roles including CFO and subsidiary CEO, and as founder and CEO of two private companies and an investment fund. In these roles Rob has led teams that developed and commercialized emerging technologies including phone switch on a chip, VOIP over Cable, DSL broadband access services in Europe and Asia and rooftop solar power.

 

He has executed $7B in M&A transactions, $2B+ in investments ranging in size from $400k to $1B, $50M+ in licensing agreements, and 3 IPOs. Rob has also invested in and served as a director and/or advisor to several domestic and international technology companies including ACCA Networks, Loop Telecom, WebMD, Akamai, Efficient Networks and I Beam. He is president and founder of UpAiQ Services and separately Brightpath Capital Management, an impact focused growth equity investment fund.

 

Rob was Chairman of the Board for Sungevity and served on the Boards of Directors of MCI Inc (MCIP), Blu Homes, KilowattFinancial and Board Observer for CarbonCure. In each case he worked closely with the company management teams oncorporate governance, strategy, and business development. Currently he chairs the Human Capital Committee and is a member of the governance committee of the Board of Directors of Beneficial State Bank (a CDFI founded in 2007 with a vision of bringing equitable banking practices to traditionally underserved customers); and chairs the Investment Committee of the Board of Trustees of the East Bay Community Foundation. Rob is also a member of the Governance Committee of the Climate Solutions Collaborative (a partnership between Confluence Philanthropy and CREO Syndicate).

 

Rob’s cumulative experience demonstrates his ability to lead best in class teams to commercialize new technology and marshal the resources required to build and realize value in emerging businesses in transforming industries, including healthcare.

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