Philadelphia, PA – Rittenhouse Ventures announces that Matt Reichert has joined as a Venture Partner. Matt has a proven track record as a chief executive and board member of high-growth companies. “He has deep expertise in technology and data applications, particularly in healthcare settings,” explains Bruce Luehrs, Managing Partner. “We are confident that Matt will be able to roll up his sleeves and bring tremendous value to our portfolio companies.”
For 15 years, Matt led Health Market Science, Inc., based in King of Prussia, Pennsylvania. As Chief Executive Officer, Matt built a leading healthcare data company by entering the pharmacy, provider, and insurance markets, while building a robust suite of software solutions. The continuous expansion of the company’s products and target market segments allowed Health Market Science to achieve aggressive revenue milestones and a successful exit to LexisNexis in late 2014. Prior to Health Market Science, Matt held technology and commercial leadership positions at General Electric, AstraZeneca, DuPont Pharmaceuticals, and Mediconsult. He has a long history serving in board director roles and helping start-up businesses with strategic planning, product positioning, and fundraising.
In his role as Venture Partner, Matt will support portfolio companies with product development, sales management, operations, and organizational growth, as a board director or advisor. He is a critical resource to the Rittenhouse team for the evaluation of new investment opportunities.
Matt is a native Pennsylvanian, bringing strong regional experience and relationships as he drives value at Rittenhouse Ventures and its companies; he graduated with a bachelor’s degree in Science from the Pennsylvania State University and received an executive MBA from Temple University.
About Rittenhouse Ventures – Rittenhouse Ventures is a Philadelphia-based, emerging-growth venture firm. Rittenhouse invests in capital-efficient, Mid-Atlantic software companies that provide business-to-business solutions in healthcare, life sciences, finance, human resources, and general business services.