Glen Tullman

Last updated
Glen E. Tullman
Glen Tullman 78.jpg
NationalityAmerican
OccupationCEO | Managing Partner
OrganizationTranscarent | 7wire Ventures

Glen E. Tullman is an American entrepreneur and investor who has built, run, and scaled businesses across a range of industries. He is the founder and executive chairman of Livongo Health, a consumer digital health company and previously served as the CEO of Allscripts.

Contents

Early life and education

Tullman was born circa 1960, near Chicago, Illinois and is the youngest of six children. [1] He his family moved to the New York area when he was in fourth grade. Tullman received his undergraduate degree in 1981 in economics and psychology from Bucknell University. [1] He also spent a year in Oxford, England studying social anthropology on a Rotary International fellowship through the Office of Management and Budget. [1]

Career

One of Tullman's first jobs after graduation was at Certified Collateral Corporation in Illinois where he worked for approximately 10 years. He also served as the CEO of Enterprise Systems, leading it through its initial public offering and eventual sale to McKesson Corporation. [1] [2]

In 1997, Tullman became the CEO of Allscripts, a large electronic health record and health information technology company. He was the CEO of the company for 15 years prior to leaving in 2012. [3] Tullman was CEO of the company when it went public. [1] After leaving Allscripts, Tullman co-founded and became the managing partner at 7Wire Ventures, a $100 million venture capital firm that is focused on investing in healthcare firms. [4]

Tullman has invested in and/or co-founded more than 20 businesses throughout his career, [3] including SoCore Energy, a commercial solar panel installation company that was later purchased by Edison International. [5] He also founded a classroom technology company called Modern Teacher. [6]

In 2014, Tullman founded Livongo, a digital health company that provides connected devices and health platforms for people with chronic conditions like diabetes, and other medical conditions; [7] Tullman's son is diabetic and he saw a market need for such patients. [8] The company went public in 2019. [9] Livongo was sold to Teladoc for $18.5B in 2020. [10] He resigned from the Teladoc board in 2020 to avoid any conflict of interest with his new company, Transcarent. [11]

Tullman holds various executive positions outside of Transcarent. He serves on the board and is an investor in WiserTogether, a crowd sourced healthcare information company. He is Director Emeritus of JDRF, [12] a board member of the American Diabetes Association, as well as a contributor to Forbes, through 2016. [13] He also serves as executive chairman of ArgoTea, the co-founder and Vice Chairman of Cooler Screens, and owns Ignite Glass Studios, a venue featuring glassblowing classes, [14] exhibits, and event space in Chicago. [15]

Since 2021, Tullman has served as Chief Executive Officer and Founder of Transcarent, which sells an integrated healthcare benefits system bringing a new and different health and care experience to large and mid-sized self-insured employers, their employees and their families in the United States.

In 2021 Tullman was named a Forbes Healthcare Top 10 Leader of the Decade. [16]

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References

  1. 1 2 3 4 5 Kidd Stewart, Janet (28 April 2014). "Venture capitalist shoots for next big thing". Chicago Tribune.
  2. Saporito, Bill (19 December 2015). "Why This CEO Left a $2 Billion Company to Go Change the World". Inc. Magazine.
  3. 1 2 Schorcsch, Kristen (4 February 2017). "What's a serial entrepreneur to do when the world is topsy-turvy?". Crain's Chicago Business.
  4. BAUM, STEPHANIE (13 January 2017). "7wire Ventures is raising a $100M+ fund investing in consumer-oriented digital health". MedCityNews.
  5. "Chicago's SoCore Energy to be purchased by California utility". Chicago Tribune. 2 July 2013.
  6. PLETZ, JOHN (7 January 2014). "Glen Tullman is getting schooled in classroom tech". Crain's Chicago Business.
  7. Farr, Christina (4 November 2019). "Livongo's founder says that tech workers want to work at mission-driven companies: 'They come to us'". CNBC.
  8. Gulati, Ranjay (2022). Deep Purpose (1st ed.). HarperCollins. p. 196. ISBN   9780063088931.
  9. Ramsey, Lydia (25 July 2019). "Buzzy digital health startup Livongo surged in its stock market debut as the 3-year digital health IPO drought comes to an end". Business Insider.
  10. Levy, Ari (2020-08-05). "Teladoc and Livongo merge into $37 billion remote-health company as coronavirus keeps patients home". CNBC. Retrieved 2022-05-11.
  11. Jennings, Katie. "Venture Firm Behind Livongo Launches $150 Million Consumer Health Fund". Forbes. Retrieved 2022-05-11.
  12. "Glen Tullman, JDRF Director Emeritus and Livongo Health Founder honored with the RFK Human Rights Ripple of Hope Award". JDRF. Dec 13, 2019.
  13. "Forbes Contributor: Glen Tullman. I write about how entrepreneurship and innovation advance our world" . Retrieved Aug 7, 2017.
  14. "West Town glass studio teaches teens artistry and entrepreneurship". ABC7 Chicago. Nov 1, 2014.
  15. KAPOS, SHIA (April 13, 2013). "Glen Tullman: Life after Allscripts". Crain's Chicago Business.
  16. Releases, Forbes Press. "Forbes' 10th Annual Healthcare Summit Will Convene Leaders To Discuss Breakthrough Solutions For The Next Decade". Forbes. Retrieved 2022-05-11.