Dave Cormack is a veteran software industry executive who has founded, built, and managed several high-growth companies, both in the U.S. and internationally. He has more than 30 years of experience, including in his current position as president and CEO of Brightree and previous tenures as president and CEO of two highly successful start-up ventures that were acquired by NASDAQ-listed companies.
In 2005, Dave took over Brightree, a fledgling SaaS start-up. Beginning with a dozen employees, a limited product offering, and fewer than 100 customers, Dave has led Brightree through a remarkable period of growth, from less than $1 million to more than $100 million in revenues. In 2008, Dave secured funding from Battery Ventures, a $4 billion private equity firm, which helped fuel both organic growth and complementary acquisitions. The company acquired C&S Billing in 2008, CAU in 2010, Pacware in 2011, and CareAnyware in 2013. Today, Brightree is the leading mission-critical application for post-acute care providers. It’s nearly 450 team members serve over 2,500 customers with over 83,000 users.
Prior to Brightree, Dave founded and managed Soft Systems Limited, a London-based vendor of business intelligence tools, and MiracleWorkers.com, an Atlanta-based market leader in Internet recruiting for the healthcare industry, now owned by CareerBuilder.com. After the acquisition of Soft Systems by IQ Software, Dave served as senior vice president - worldwide operations for this NASDAQ-listed business. In this position, Dave was responsible for growing annualized revenues for a new enterprise software suite to $40 million in three years.
Dave currently serves on the Board of Directors of AAHomecare, and has served on the board of a major professional soccer club in the U.K., listed on the London stock exchange, and he is a former co-chairman of the Atlanta Silverbacks pro team.
Dave graduated with a degree in Accounting from Aberdeen College of Commerce, Scotland in 1981.