Lee Shapiro is Managing Partner at 7wireVentures, an investment firm he co-founded over a decade ago. He also served as Chief Financial Officer of Livongo Health [NASDAQ:LVGO] until November 2020. Previously he was President of Allscripts [NASDAQ:MDRX] from 2001 until the end of 2012. His leadership was integral in the execution of over $4B in mergers, acquisitions, and financings. His responsibilities included the company’s strategy, international operations, business development and partnerships, legal, government relations, and health plan initiatives.
Prior to stepping in as CFO of Livongo and leading its 2019 IPO, Lee served on the board of the company since its launch, chaired the audit committee, and served as a member of its compensation committee. During his tenure as CFO, Livongo also had a successful secondary offering, raised $550M in convertible debt and entered into an agreement to merge at the highest valuation, $18.5B, of any healthcare technology company, based on revenue multiples. The price of $159 per share was over six times the price of Livongo’s shares at the time of its IPO, just 12 months earlier.
Lee serves on the board of Senior Connect, a special purpose acquisition company [NASDAQ:SNRH], served on the board of directors (audit committee and nominating and governance committee) of Medidata Solutions [NASDAQ:MDSO] until its sale in 2019 to Dassault Systemes. He also served on the board of Tivity Health [NASDAQ:TVTY] until May 2020. There, Lee chaired the audit committee and also served on the compensation committee. In January, 2021, Lee joined the board of Click Therapeutics. He also serves on the board and committees of various 7wireVentures portfolio companies.
For the past 4 years, Lee has been a member of the National Board of Directors of the American Heart Association, where he is currently Treasurer, has chaired the audit committee, and serves on the business operations committee. He has also been part of Strategic Goal Task Forces.
He is a co-founder and board member of The World Innovation Network, the advisory committee of the University of Chicago Innovation Fund, and has served on the Samsung Digital Health Advisory Board, and Qualcomm Life Advisory Board. Based on his industry experience, Lee is a frequent speaker at widely attended industry conferences and is a published contributor to the Forbes Business Council. He has also served as an officer and director of the Gastro-Intestinal Research Foundation (GIRF).
Lee practiced commercial law at Barack, Ferrazzano, Kirschbaum, Perlman and Nagelberg, a prominent Chicago law firm. He holds a JD degree from The University of Chicago Law School and a BS in Accounting from the University of Illinois.
Lee and his wife, Valerie, have three wonderful grown children and reside in Sarasota, Florida. Lee is an active and avid sports fan.