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Michael (Mike) Masterson MS, MBA - Executive Chairman & Co-Founder
Mr. Masterson, a Blue Ocean co-founder, is a highly accomplished engineer, business executive, entrepreneur, and investor with multi-decade experience in commercializing sustainable healthcare technologies and deep expertise in building healthcare businesses as the founder and CEO of multiple healthcare-related companies. Mr. Masterson is also the former CEO of Xcellerex where he was instrumental in transitioning the company from an early-stage startup to a commercial-track enterprise by raising over $30M in investment capital. He has compelling venture investment experience, with an extensive network within the financial, academic and healthcare industries. He has raised over $100M in investment capital from leading venture firms in the U.S. and has created over $500M in commercial value from these investments. Both the University of Colorado and the University of Massachusetts have recognized Mr. Masterson for his prolific career as a technology entrepreneur. He has a joint appointment as an 'Entrepreneur in Residence' at the Isenberg School of Business and the School of Engineering at the University of Massachusetts Amherst and is a Trustee at the Wentworth Institute of Technology in Boston. He earned chemical engineering degrees (BS and MS) from the University of Massachusetts and the University of Colorado and is a graduate of the Owners-President Management program at the Harvard Business School.