MichaelBalmuth
General Partner
- Office Location:
- Needham, MA
- Email:
- mbalmuth@edisonventures.com
- Phone:
- 781-251-4302
“Healthcare reform represents a goldmine for IT companies enabling more access to better care at a lower cost.”
Michael’s 25 years in technology industry—in operating, finance and investment roles—offer companies the breadth of experience needed to exploit opportunities and tackle challenges of explosive growth.
Passionately committed to improving the healthcare system through his investments, Michael heads up Edison’s healthcare information technology industry sector.
A lifelong resident of the Northeast, and a venture capitalist in Boston for 15 years, Michael leads Edison’s New England investment team based in the Boston area.
Michael’s deals make money for entrepreneurs and investors. With three IPOs and numerous M&A sales at a gain, he helps management build great companies with an eye toward a successful exit where everybody wins.
General Partner Michael Balmuth directs Edison's New England regional team based in the Boston area, and also heads Edison's industry sector practice in healthcare information technology.
Michael has been lead investor in companies focused on healthcare IT, interactive marketing, financial technology, electronic commerce, energy technology, storage and other enterprise applications.
He currently serves on the board of seven Edison investments, including: Andera, CambridgeSoft, DiagnosisONE, Inmagic, PlumChoice, RewardsNow and VFA.
Michael is actively involved with the New England Venture Capital Association, Tuck Center for Private Equity and Dartmouth Entrepreneurial Network.
Prior Experience
Michael has 25 years of technology industry experience as a venture capitalist, investment banker and software executive. During the past 15 years in the Boston area, he served as Managing Partner of Mainspring Capital and General Partner at Summit Partners. He led the East Coast office for the Summit Accelerator Fund as a founding partner. Michael has served as a Director of numerous public and private companies.
Previously, Michael worked in technology investment banking with Broadview International. He completed M&A transactions and equity investments totaling over $1 billion. His early IBM career spanned sales, marketing, corporate development and systems engineering.
Other Investment Experience
Infor; Unica; OPNET; MCK Communications; Future Three; Government Payment Service; InstallShield; Microbank; PowerSmart; Staples.com; TrelliSoft
Education
BA, Engineering Sciences, Dartmouth College
MBA, Harvard Business School
If Thomas Edison is correct that “Genius is one percent inspiration and ninety-nine percent perspiration,” then I look to finance founders who sweat a lot. Building a great company takes great executives with a novel idea who are passionate about the business and who work tirelessly to accomplish their objectives. It’s easy for us to get all wrapped up in analyzing business models, financials, markets and strategy. These are all important. But at the end up the day, what separates the great companies from the rest of the pack are the people who found and run them. Their work ethic, inspiration, integrity, leadership and execution skills can take a company from good to great.

Andera's solutions open and fund new accounts in five-minute online process. Technology integrates with core banking systems. Features include risk management, fraud detection, compliance, cross-selling, analytics and funding options. Deployment alternatives include SaaS or a developer platform enabling custom mobile and web applications.
- Website:
- http://www.andera.com
- investment status:
- New
- Tel:
- 401-621-7900
Productivity software for life science and chemistry applications.
- Website:
- http://www.camsoft.com
- investment status:
- Exited
- Tel:
- 617-588-9130

DiagnosisONE solutions allow customers in the clinical and public health environments to collect data from disparate sources, apply clinical and bioterrorism rules to those data, and deliver the resulting information to care providers and decision-makers.
- Website:
- http://www.diagnosisone.com
- investment status:
- New
- Tel:
- 603-897-1884
Facility capital asset planning software and services.
- Website:
- http://www.vfa.com
- investment status:
- Active
- Tel:
- 617-451-5100
InMagic solutions enable non-technical business users to create and manage Social Knowledge Networks (SKNs). Social Knowledge Networks focus on addressing a business process, such as product innovation, proposal development, or competitive intelligence by bringing together content, people, and tools for information access, discovery, and preservation.
- Website:
- http://www.inmagic.com
- investment status:
- New
- Tel:
- 781-938-4444
RewardsNOW designs, implements and manages turnkey direct marketing and loyalty programs for credit cards, debit cards, loans, deposits and online banking.
- Website:
- http://www.rewardsnow.com
- investment status:
- New
- Tel:
- 800-240-4814
PlumChoice provides online computer support for the home, home office and small business market.
- Website:
- http://www.plumchoice.com
- investment status:
- Active
- Tel:
- 866-811-3321