Rick Brimacomb — Founder
Mr. Brimacomb began advising and investing in early-stage and emerging companies as a venture capitalist in 1991. Prior to that time, he covered and worked with early-stage companies as a research analyst and investment banker. For over two decades, Mr. Brimacomb has helped numerous companies develop into “investment grade” opportunities, attract funding and create shareholder value.
Past investments and clients include:
- Ancor Communications (acquired by QLogic)
- Cartia (acquired by Aurigin)
- Computer Network Technology (acquired by McDATA)
- Jasc Software (acquired by Corel)
- NetStar (acquired by Ascend Communications)
- ProVation Medical (acquired by Wolters Kluwer)
- XIOtech (acquired by Seagate)
- General Partner at Sherpa Partners – www.SherpaPartners.com
- Board Member, President and Vice President of the Minnesota Venture Capital Association – www.mnvca.org
- Co-Founder of the Early-Stage Investors Network – an angel investor group
- Member of the University of Minnesota Business Commercialization Advisory Board
- VC In-Residence at the University of Minnesota Office of Business Development
- Member of the University of Minnesota, Carlson School of Management, Alumni Advisory Board
- Member of the Augsburg College MBA Advisory Board
- Member of the Hamline University School of Business Advisory Board
- Member of the Minnesota Zoo Foundation Board
In 2005, Mr. Brimacomb founded his own advisory practice, Brimacomb & Associates, where he assists business leaders in refining strategies, assembling resources and securing funding. In essence, Mr. Brimacomb’s main responsibility at Brimacomb & Associates is to act as a shareholder value architect on behalf of his portfolio companies.
Prior to founding his own firm, Mr. Brimacomb joined Sherpa Partners in 1998 and co-founded the Sherpa Trek I venture capital fund in 2001. At Sherpa, he was responsible for firm strategy, fundraising, deal flow, due diligence, investment decisions, portfolio company support, executive recruitment, marketing, operations, public relations, investor relations, finance, legal and human resources.
Previous to Sherpa, Rick was Senior Director at Smaby Group, Inc. where as a venture catalyst he led strategic and financial advisory practices serving early-stage companies. He also co-founded Cartia, a venture capital-backed software startup, where he was Vice President of Finance and ‘right-hand-man’ to the Founder and CEO.
Mr. Brimacomb’s early-career experiences include venture capital, investment banking and investment research at Norwest Venture Capital, Piper Jaffray and Needham & Co., respectively. At Norwest, Mr. Brimacomb focused on traditional venture investing and management buyouts. At Piper he was active in public and private offerings, mergers and acquisitions and venture capital. While at Needham, he was a research analyst covering high technology companies.
Mr. Brimacomb is an advisor to several early stage companies and he earned both his BS and his MBA from the Carlson School of Management at the University of Minnesota.
Lastly, Rick was named one of the “Real Power 50” in Minnesota by Minnesota Business magazine and also has been recognized by the Mpls. / St. Paul Business Journal as a “40 Under 40” honoree.