David is the founder and managing partner of Freshwater Advisors, a venture development firm that helps high-growth entrepreneurs and corporations with business development, market research, strategy execution, and fundraising advisory services. Clients of Freshwater Advisors have included: KPMG, Oracle, SoCore Energy, Eved, Crain’s Chicago Business, R Best LLC, Illinois Science and Technology Coalition (Corporate Startup Challenge), Allstate, and Clean Energy Trust.
From 2003 through 2010 David served as the founding president of the Chicagoland Entrepreneurial Center (CEC), a venture development non-profit organization that worked with promising high-growth entrepreneurs to build viable, innovative, and sustainable enterprises. During his tenure, the CEC worked with 1,000 entrepreneurs through their advisory services and helped companies secure contracts in excess of $160 million and obtain seed and early stage financing valued at $120 million. The high growth entrepreneurs the CEC assisted have created and retained over 5,000 jobs in Illinois.
David was also a co-founder and managing director of the Illinois Innovation Accelerator Fund (I2A), a $10 million seed-stage venture capital fund that provides early stage equity capital to innovative entrepreneurs in Illinois. David worked under the leadership of the fund’s co-founder J.B. Pritzker and led the fund’s formation and fundraising activities that resulted in capital contributions to the fund of $10 million.
Prior to the CEC, David ran and served as CEO of two technology companies including Evergreen Technology Partners and BlueMeteor, a technology company that provided enterprise software applications and infrastructure to Fortune 2000 businesses. David grew BlueMeteor to 110 employees and led the company in successfully raising $31 million in venture capital and executed strategic alliances with technology industry leaders Oracle Corporation, TIBCO Software, Sun Microsystems, and EMC Corporation.
From 1996 to 2000, David worked in the public sector as technology advisor to the mayor of the City of Chicago, Richard M. Daley. In this role he managed the City's Technology Development Initiative that provided $70 million in financial incentives to build technology infrastructure and development projects in Chicago. He also spearheaded the creation of the Mayor's Council of Technology Advisors (MCTA).
Throughout David's work life he has been active in the local community. In 2007, he was appointed by Mayor Daley to serve as a commissioner on the Chicago Plan Commission. He also has served on the board of directors for the Chicago Cultural Center Foundation, M5 Artist Collective, CTA Citizens Advisory Board, Target Group Inc., and the Mayor's Council of Technology Advisors. David currently serves on a number of advisory boards for entrepreneurs, including Cleversafe, a venture- backed company located in Chicago.
David is a graduate of the University of Wisconsin at Madison, receiving his degree with honors and distinction from the Phi Kappa Phi Honors Society. He earned his MBA from the Kellogg Graduate School of Management at Northwestern University.