Mr. Pietri co-founded Milestone Venture Partners with Ed Goodman in 1999 and became Managing Partner in 2014. He brings operating and investment experience to its management. Since launching MVP II in 2001, Mr. Pietri has developed expertise and relationships in Milestone’s principal focus areas of Digital Health and software/data businesses. Mr. Pietri has helped guide several Milestone portfolio companies to a successful exit, including Derivatives Portfolio Management (sold to Mellon Financial in February 2005), MedPage Today (sold to Everyday Health in December 2010, which in turn went public in March 2014), Octagon Research Solutions (sold to Accenture, Inc. in August 2012), MapMyFitness (sold to UnderArmour, Inc. in December 2013) and GQ Life Sciences (sold to Aptean, Inc. in September 2016). He currently supervises MDX Medical (“Vitals”), YouNow, BA-Insight, Halfpenny Technologies, SHYFT Analytics, Cureatr, RxWiki and Healthify.
His earlier financial experience includes co-heading the Technology and Communications Investment Banking Group at Legacy Securities, where he performed a broad range of capital raising, M&A and other financial advisory services. Mr. Pietri was also a member of Legacy’s direct investment team, which provided mezzanine and growth equity through its affiliate, Legacy Capital Partners. Mr. Pietri also has control investment experience, having worked as an Associate at Callier Interests, a private equity firm focused on distressed middle market industrial distributors and manufacturers.
Mr. Pietri’s operating experience spans direct sales, sales management, channel management, business development and business process consulting. From 1992 to 1997, he ran IT consulting and direct sales for CompuSystems, an Atlanta-based ERP software and services firm focused on industrial distributors and manufacturers. He and his team provided solutions for inventory control, order processing, and financial reporting. Prior to his tenure at CompuSystems, Mr. Pietri worked in the voice processing software industry for Innovative Technology, Call Response Automation and his own consulting firm.
Mr. Pietri received his BA (cum laude) in English from Duke University in 1989. While working full-time for CompuSystems, Mr. Pietri earned his MBA from the two year Executive MBA Program at the Robinson School of Business at Georgia State University in 1997, graduating first in his class. He is also CFA charterholder.
Mr. Pietri currently serves as a director of GQ Life Sciences, SmartAnalyst, Vitals, BA Insight, Halfpenny Technologies, Cureatr, BizBash Media and RxWiki. He is a regular guest lecturer on venture capital at The Johnson School, Cornell University’s MBA program. He is also an advisory board member of NYC Seed, a public and private joint venture which provides capital and support to NYC-based seed stage entrepreneurs.