John Deedrick

Bio

John is the Co-founder and Managing Director of Fourth Element Capital, a healthcare technology venture capital firm. He is Co-founder and Executive Chairman of ActivOrtho, Inc., DyaMX, Inc., CHIP II, Inc., as well as FourMation Medical Works, a new healthcare technology business creation and growth company. John is also President of CHIP Solutions, a business consulting firm that provides significant value-added services to individuals, private companies and public companies.


From 2003-2012, John was a Co-founder and General Partner with Accuitive Medical Ventures (AMV). AMV has over $230 million in capital under management in its two medical device venture capital funds. AMV has a proprietary relationship with The Innovation Factory (TIF), a medical device incubator located in Duluth, GA. John was instrumental in fundraising, investment and management committee activities, building the portfolio and harvesting returns for AMV’s Limited Partners. John served as a Director for AMV’s investments in MyoScience, SoftScope, Nevro and Torax. He was significantly involved in deal flow, due diligence and risk identification/management for all AMV portfolio companies. Key exits from the portfolio include LipoSonix (Medicis), SoftScope Medical (Fujinon), Sadra Medical (Boston Scientific), Axogen (AXGN), Inogen (INGN), Wavetec (Alcon), Nevro (NVRO), AqueSys (Allergan), Torax Medical (JJ Ethicon) and most recently Neuronetics (STIM).


Prior to joining AMV, John was a Venture Manager for Mayo Clinic Ventures (MCV). During his time at MCV, John managed investments in several emerging medical companies including Exact Sciences (EXAS), Circe Biomedical (Arbios), Ascension Orthopedics (Integra), Neotonus, CardiacAssist (LivaNova), Image-Guided Neurologics (Medtronic), TomoTherapy (AcuRay), Cerebral Vascular Applications (licensed), and Volcano Therapeutics (Philips). In addition, he was instrumental in the start-up of four Mayo-founded companies:  Santarus (Salix), Copharos, TeraMedica (Fujifilm), and Torax Medical (J&J Ethicon).