Mark Morel Email & Phone Number

Atlanta, Georgia, Us

QModo AI, Inc., an Atlanta-based SaaS company, offers an easy to use, AI-powered content aggregation and decision support solution for facilities management and equipment maintenance. Applicable to virtually any building with equipment, QModo arms its users with “The Power of How.” Utilized in nearly 700 buildings and with 100,000+ assets, visual media, operating procedures, architectural drawings, and vendors, QModo continues to grow its actionable knowledge database. Solution implementations include a global CRE firm, hospitals, top-tier universities, a public manufacturer, various construction related customers, hospitality properties, and multiple managed service providers to help deliver enhanced facilities and equipment maintenance services to their government, higher-ed, and healthcare customers.

Atlanta, Georgia, Us

Marietta, Georgia, Us

After serving on Intradiem’s board of directors for 7 years, I was brought in to drive operational maturity across Sales & Marketing, Customer Operations, Product Development, Product Management, and Human Resources. With overall P&L responsibility, I was tasked with driving change through new key process enhancements, adding key senior and middle management personnel, and leading a companywide culture change focused on urgency, quality, and accountability.

We live in a networked world. One that connects us to communities of people, businesses, financiers, and developers that help us share, consume, and innovate better. The convergence of cloud, mobile, and social and business networks is digitally connecting individuals, devices, value chains, and entire economies. This convergence is powering new platform and network models that are transforming how we live and work - while disrupting industries in the process.3rd Platform Ventures ("3PV") is a new type of venture capital firm specializing in platform technology investments that create value by enabling new levels of collaboration, insights, innovation, and defensible competitive positions through connected ecosystems. 3PV combines operational experience and domain expertise launching, growing, and managing platform businesses with active partnerships to help our portfolio companies scale, maintain differentiation, and drive rapid and sustainable growth.3PV focuses on platform technology companies with strong growth potential in software, internet/new media, e-commerce/marketplaces, Big Data/analytics, financial, healthcare, and infrastructure. Flexible as to size and stage, we focus on post-revenue and pre-institutional opportunities. However, we intentionally only invest in businesses where we believe our operational and domain expertise can make a positive impact.

Atlanta, Ga, Us

Emergency Visions, Inc. (“EVI”) provides a cloud and mobile enabled Disaster Resource Management (DRM) solution for Governments, Nonprofits, and Corporations who actively participate in the Emergency Management Lifecycle. The Emergency Management Lifecycle encompasses four distinct phases of emergency management: mitigation, preparation, response, and recovery.EVI’s emergency-based DRM solution empowers its customers to effectively manage their day-to-day requirements, emergency situations, and catastrophic events by improving the coordination of disaster resources (people, places, and things).

Marietta, Georgia, Us

Joined Intradiem's Board of Directors to assist with the transition from a traditional behind the firewall software company to a SaaS cloud-based company. Assisted the CEO with strategy, key hires, and the evolution of the company's sales execution.

Pittsburgh, Pa, Us

At the request of the company's new PE owners, joined the Board of Directors to assist the management team with strategy, sales execution, and solution development. Recruited CTO to manage development and product vision. Advised on the sale of the company at the time of exit.

Led the formation and operations of Whoop, Inc., a SaaS mobile platform. Whoop provided Enterprises, Media Companies, Higher Ed, and NPOs with a cloud-based solution to rapidly develop, integrate, launch, and manage mobile applications for smart phones and tablets across platforms.Invested in, raised capital for, and attracted the senior management team for this 34 person mobile platform start-up. Was responsible for overall vision and direction for the company, overseeing all day-to-day operations until the company was closed in 2011 and the assets acquired.

Prior to its acquisition by Ariba in December of 2007 for approximately $103M (including assumption of debt), Procuri was the world's leading provider of SaaS supply chain management software, content, and services including strategic sourcing, contract management, spend analysis, and supplier management solutions. At the time of the sale, Procuri had grown to over 165 people; 350+ global customers; and over 150,000 active users across 180 countries. Since 2003 Procuri customers sourced over $500B in spend across more than 500 spend categories; cleansed/classified more than $4.5T in spend; negotiated more than 2M contracts, and achieved more than $40B in supply cost savings.Procuri pioneered the first 100% SaaS based supply chain technology company including cloud based software delivery and the successful implementation of a subscription based revenue model. Ultimately, Procuri became the 2nd largest supply chain management technology company out of over 75 competitors and was acquired by Ariba.I was responsible for setting the overall vision and strategy for the company and overseeing all operations including: 3 successful strategic acquisitions; expansion into Europe; 3 "up" rounds of capital investment totaling $31.5 million; and, attracting and managing a world class senior management team and board.Procuri maintained an 85% customer retention rate over 7 years of operations while growing the company to approximately $30 million in GAAP revenue, $50 million in 2007 total bookings, while achieving a 50%+ Y/Y growth rate.Notable customers included: Bank of America, P&G, GE, Kodak, Sony, Barclays, SAB Miller, Toyota, Sun, New York Life, US Steel, Scientific Atlanta, Newell Rubbermaid, Cleveland Clinic, GMAC, Reuters, Maersk, Rio Tinto, Nalco, Cadbury Schweppes, Kraft Foods, Panasonic, US Navy, Carlson Companies, KLM/Air France Airlines, Visa, and AIG.

With other co-founders, conceived, financed, developed and launched the nation's first private, fully-secured prison health care facility in Columbia, South Carolina employing over 225 people. Designed and operated in accordance with American Correctional Association standards, the 326-bed secured health care center provides sub-acute, skilled, intermediate, and hospice care for conditions such as AIDS, cancer, cardiac disease, kidney dialysis and other terminal conditions. Incorporating a highly successful Christian Mission component, the facility generated cost savings of 20-25% for state, county and federal prison authorities; significantly reduced inmate recidivism; and opened up much needed additional incarceration space.Just Care was sold to the GEO Group, Inc. for approximately $40 million.

As a co-founder, I conceived, launched, financed and ran MDS, a producer of healthcare management software solutions. Based in Atlanta, Georgia MDS grew to over 175 employees with 3 offices. MDS developed multi-media software solutions for the hospital, physician, and pharmacy markets. I negotiated, closed, and successfully integrated Apollo EDI, a pharmacy claims processing technology company acquired by MDS.MDS was sold to the Potomac Group, which was subsequently sold to Arcapita realizing an approximate total value for MDS of $130 million.

Progressed from Regional Director to President with overall management responsibility for the U.S. operations including over 1,000 customers, 14 offices, and over 100 employees. Reported to the President of World Wide Marketing and the Board of Directors of this multinational value added tax reclaim company. Responsibilities included: the development and implementation of a strategic marketing plan; overall P&L responsibility; rapid expansion of the U.S. operations; and management of the U.S. sales and marketing effort.Meridian was sold to PRG Schultz for approximately $190 million.

Manager of the Atlanta Office of Clayton Brown & Associates, Inc., an investment banking firm specializing in the structuring, underwriting, packaging and sales of fixed income securities – with special emphasis on tax-exempt products.

Headed the Atlanta office of FirstService Resources Corporation, a consulting/technical advisory firm that provided various services to the financial services and healthcare industries. Services included strategic planning, product development, marketing, joint venture participation, financial restructuring/reorganizations, and the brokerage of guaranteed investment contracts (GICs). Responsible for closing transactions and GICs totaling over $300 million.

I was a member of Shearson’s Public Finance Division within the firm's Investment Banking Group. I held specific finance roles within the Special Products Group, Correctional Facilities, Higher Ed, GICs, and General Infrastructure. I closed transactions in excess of $1.5 billion and placed over $1 billion of Guaranteed Investment Contracts for the department. I was selected to join an elite Special Products Group to open the firm's Atlanta office in June of 1986 after spending over two years in the New York office as a member of the Education and Infrastructure Finance Groups.