Co-Founder and CEO
Nanowear
Venk is the co-founder and Chief Executive Officer of Nanowear, a New York-based connected-care and companion diagnostics technology platform built upon first-of-its-kind cloth-based nanosensors. Nanowear was founded in 2014 and received its first FDA 510(k) Class II clearance in December 2016, establishing Nanowear as the first-and-only company in the world to receive this accreditation for cloth-nanotechnology-based remote monitoring. Nanowear’s first product, SimpleSense, which launched clinically in July 2019, is an undergarment that captures and algorithmically scores 7 metrics from the body, alerting hospital providers of worsening Heart Failure ~3 weeks in advance of a hospitalizing event. Nanowear’s business model centers around its CHF digital therapeutic device and select licensing opportunities of its cloth-based nanosensors to Healthcare OEMs.
Before Nanowear, Venk spent ~7 years in Technology Investment Banking, focusing exclusively on venture-backed software and communications technology in which he successfully advised growth companies in over $3bn USD worth of transactions at UBS Investment Bank, Citadel Investment Group and Wells Fargo Securities in New York. Prior to his finance career, Venk spent ~ 3 years in product marketing and sales at Eli Lilly and Sanofi Aventis Pharmaceuticals in New York.
Venk received his Masters of Business Administration from Columbia University and his Bachelors of Science and Engineering from Duke University.
Thursday, September 30, 2021
2:40 PM – 3:20 PM ET