Mike McSherry
Mike McSherry is CEO of Xealth, a Samsung Company focused on prescribing digital health apps and services. He previously founded Amp'd Mobile, which closed, Swype, which was acquired, and Xealth, which was acquired. He also co-founded Boost Mobile and ZIVO, and has expertise in digital health platforms, mobile technology, and product innovation.
Glowforge Co-Founders Dan Shapiro and Mark Gosselin Reacquire Startup Assets After Restructuring
Glowforge, the Seattle-based laser engraver startup, has undergone restructuring after financial troubles, with co-founders Dan Shapiro and Mark Gosselin reacquiring key assets to restart operations. They plan to focus on improving hardware, software, and customer service with a smaller team.
Samsung Electronics to Acquire Seattle-Based Digital Health Startup Xealth to Enhance Healthcare Integration
Samsung Electronics is acquiring Seattle-based digital health startup Xealth, which helps healthcare providers manage digital health tools and is used by over 500 U.S. hospitals. The acquisition aims to integrate consumer health data with clinical records to enhance personalized and preventive care, with the deal expected to close later this year pending regulatory approval.
Seattle Startup Xealth Gains Investment from Morningside Ventures to Expand Digital Healthcare Platform
Seattle-based health tech startup Xealth secured new funding from Morningside Ventures to expand its digital healthcare delivery platform that integrates with electronic health records and supports over 100,000 medical providers. Since its 2017 spinout from Providence, Xealth has facilitated 12 million orders and works with more than 50 digital health vendors.
Madrona Venture Labs Raises $11M for Fifth Fund to Accelerate AI Startups, Including Generative AI
Madrona Venture Labs raised $11 million for its fifth fund to support AI startups, planning to back 12 new companies with a focus on intelligent applications and generative AI. Since its 2014 founding, the Seattle-based studio has raised $40 million, backed 32 companies, and offers funding and advisory services to early-stage startups.
Xealth, a Providence Spinout, Raises $24M to Expand Digital Health Platform and Workforce
Seattle-based Xealth, a Providence spinout that helps more than 20 hospital systems prescribe and monitor digital health tools, raised $24 million in new funding to expand its platform and double its 55-person workforce. The company integrates with major electronic health records, licenses its platform to hospital systems, and has onboarded services from over 50 digital health vendors.
GeekWire names winners at 2021 Awards; SeekOut wins Startup of the Year after $65M raise
The 2021 GeekWire Awards returned as a virtual event honoring over 60 finalists across 14 categories from the Pacific Northwest tech community, featuring celebrity cameos and performances. Winners included SeekOut as Startup of the Year, and among 16 winners eight were women and five were people of color and/or immigrant entrepreneurs.
Madrona Venture Labs raises $8M and turns investors like Spencer Rascoff into co‑founders of spinouts
Madrona Venture Labs has raised $8 million for its fourth fund and introduced a model that makes investors — including Spencer Rascoff, Julie Larson-Green and Elena Donio — co-founders, board members, and advisors of its spinouts to attract talent and accelerate startup formation. Founded in 2014, the Seattle-based studio has spun out more than a dozen companies, including recent spinouts Zeitworks, Simplata, and Stratify.
Madrona Venture Labs Raises $8M Led by Madrona, Adds Former CEOs and Operators as Investors
Madrona Venture Labs (MVL), the incubation arm of Madrona Venture Group, has raised $8M with Madrona leading the round and brought on a roster of experienced operators and former CEOs as investors to help build spun-out companies. MVL will continue partnering closely with Madrona’s investment professionals on startups like Stratify and Strike Graph as it expands its incubation efforts.
GeekWire opens voting for 2021 Startup CEO of the Year with five finalists including OctoML, Syndio and WhyLabs
GeekWire is running community voting for its 13th annual GeekWire Awards, featuring five finalists for Startup CEO of the Year: Luis Ceze (OctoML), Maria Colacurcio (Syndio), Mike McSherry (Xealth), Ray Meiring (Qorus Software) and Alessya Visnjic (WhyLabs); voting closes April 30 and winners are announced May 20 at a virtual event.
Xealth partners with Cerner as Cerner invests $6 million to scale digital health prescriptions amid COVID-19
Seattle startup Xealth announced a partnership with EHR vendor Cerner and received a $6 million investment from Cerner (with participation from LRVHealth) to help hospitals rapidly adopt digital health tools accelerated by COVID-19.
Providence Ventures, led by ex-Amazon's Aaron Martin, raises $150M second fund to double healthcare tech investments
Providence Ventures, led by former Amazon executive Aaron Martin, has raised a second $150 million fund for early-stage healthcare technology investments, doubling its portfolio to $300 million. The firm focuses on companies that align with Providence St. Joseph Health's priorities and has invested in 15 companies from its initial fund.
GeekWire and MOHAI Host January 22 Event Celebrating Five Years of Seattle 10 Startup Program
GeekWire and MOHAI are hosting a special event on January 22 at MOHAI to celebrate five years of The Seattle 10 program, featuring a panel of past startup CEOs sharing entrepreneurial lessons. The event highlights up-and-coming Seattle startups whose business concepts are showcased on cocktail napkins displayed permanently at MOHAI.
Organizations
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Xealth CEO Xealth (a Samsung Company) 2017–present · current
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Providence Entrepreneur in Residence (EIR) 2015–2017 · past
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Nuance Communications VP Innovation (Sold Swype to Nuance for $100m+) 2011–2014 · past
Education
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William & Mary B.A., Economics/Int'l Business · 1986–1990
