Mark Butterworth
Mark Butterworth

Mark is Principal of venture capital management firm Innovation Forward.  Mark has participated in the creation 12 seed, angel, venture and corporate funds including the:
 ·   East Central Ohio Tech Angel Fund which is investing from its second fund and where Fund I is a top decile performing 2008 vintage fund;
·   TechGROWTH Funds which in investing from its third fund with top quartile performance in Fund I (2007 vintage); and
·   Ohio TechAngels which is investing from its 5th fund and, with 340 Members, is the largest angel fund in the U.S.
At The Ohio Partners, a venture capital fund affiliate of The Dispatch Printing Company, Mark helped invest $35 million into 10 early-stage companies.  Fund performance was 1 IPO and 7 acquisitions.

At CompuServe, an $880 million information services company, Mark led the launch of a $530 million IPO (at 3.5x sales and 56x earnings) led by Goldman Sachs and Merrill Lynch. He also helped grow revenues 330% ($655 million) over 6 years by directing the M&A, venture capital, strategic planning, treasury, budgeting and analysis, cost accounting, and internal reporting activities.

At OCLC Online Computer Library Center, a $236 million library services company, Mark directed the new product analysis process which launched the world’s most used reference database (OCLC FirstSearch). He helped grow revenues 200% ($59 million) over 7 years by managing the M&A, planning and analysis, and internal reporting activities.

Mark received his MBA in finance from The Fisher College of Business at The Ohio State University. He earned his undergraduate degree in management and was recognized as an Outstanding Undergraduate at the Ohio University College of Business.