Two Bear Capital, a VC firm investing in life sciences and technology disruptors, announced the appointment of five key executives, expanding its team of experts during a period of rapid growth for the venture capital firm. These appointments strengthen Two Bear Capital’s ability to help build the operations of its impressive portfolio companies by delivering deep domain experts who partner with founders as they bring their breakthroughs to market and scale operations.
Bridget Martell MA, MD was named Operating Partner, Biotechnology at Two Bear Capital. Dr. Martell will focus on Two Bear’s biopharma and health tech portfolio companies and provide support in developing products and services through regulatory approval and commercialization. Dr. Bridget Martell was the Chief Medical Officer of the public companies Juniper Pharmaceuticals, Kura Oncology, and RRD International and was CEO of the privately held Artizan Biosciences. And throughout her career in pharma and biotech, Dr. Martell has continued to teach at Yale University School of Medicine and was an Associate Clinical Professor for over 20 years. She is currently a Yale Ventures Entrepreneur-in-Residence. She also began her clinical investigation career at Yale with a career development award and in the Robert Wood Johnson Clinical Scholars Program. Before this, she served in the National Health Service Corps where she shaped a primary care clinic from a methadone maintenance treatment program in the South Bronx. Additionally, Dr. Martell was a Resident and Chief Resident at Yale New Haven Hospital in Internal Medicine. She holds a B.Sc. in Microbiology from Cornell University, an M.A. in Molecular Immunology from Boston University, and an M.D. from The Chicago Medical School.
Jeff Miller was named Operating Partner, Enterprise at Two Bear Capital. Miller will work with Two Bear’s enterprise portfolio companies and help them create efficient infrastructures and implement world-class sales strategies from Day 1. Before joining Two Bear Capital, Miller served as the Chief Revenue Officer at companies including StarTree, and Cockroach Labs. At Cockroach Labs, Miller led sales from zero to over $80 million in ARR, driving the company valuation to $5 billion in less than four years for their Series E. During the course of his career, Miller has also held Senior VP of Sales positions at Hortonworks, Virtustream, VMware, Novell, and JBoss. As Senior Vice President of Sales at Hortonworks, he drove sales from zero to over $250 million in ARR in record time, powering a successful IPO and a subsequent $1.45 billion acquisition from Cloudera. As Vice President of Sales at SpringSource, he helped drive sales from $5 million ARR to $30 million in ARR. This led to a $450 million+ acquisition by VMware, where he stayed to lead the revenue to over $100 million in ARR postacquisition within a year.
Tim Veil was named Principal at Two Bear Capital. Veil will be working to identify new technology focused investments, advising existing portfolio go-to-market teams, and supporting Two Bear’s data, analytics, and enablement efforts. Before joining Two Bear Capital, Veil was the Vice President of Solutions Engineering and Enablement at StarTree, a real-time analytics platform. Before this, he was Head of Sales Engineering at Cockroach Labs, creator of CockroachDB – a cloud-native, distributed SQL database. During the course of his career, he has also served as the Principal Solutions Engineer of OverOps, an Enterprise Account Executive and Global Account Manager with Hortonworks, Solutions Architect with GridGain Systems, and Director of Software Development of Cognia. He also started his career with Ernst & Young and earned his degree in Finance and Management Information Systems (MIS) from the University of Georgia.
Kevin Day was named Partner, Head of Capital Formation and his primary focus will be on capital formation for new Two Bear Capital funds. And he will be leading efforts to find sophisticated, long-term LPs to join the Two Bear investor base. Day joined Two Bear Capital from SOSV, the global venture capital and equity firm focused on software, deep tech, human health, and sustainability. And he served as the Global Head of Capital Formation of SOSV since August 2022 and led the fundraise for its fifth core fund. Prior to this, he served as the Global Head of Business Development for Exos Capital from March 2020 to August 2022. Day worked in the North American Capital Development and Investor Relations department of Systematica and was Head of Marketing and Investor Relations for Basswood Capital Management. Earlier in his career, he held positions at BlackRock and AllianceBernstein Investments. Day earned his M.B.A. from Columbia Business School and London Business School and his B.A. from the College of Charleston.
Jennifer Howrigan was named Vice President of Investor Relations and she will work closely with investors and offer day-to-day management of their needs including oversight of investor communications and reporting. Howrigan joined Two Bear Capital from Warana Capital, an alternative asset manager and specialized buyer of illiquid fund investments. And at Warana, Howrigan served as the Head of Investor Relations and Business Development for four years. Prior to this appointment, Howrigan was a Director at Oakpoint Advisors and a Director at ShareNett, The Raptor Group Affiliate. Howrigan began her career at Sentinel Benefits & Financial Group. She received her B.S. in business management from Providence College. She also studied small business and entrepreneurship at Northeastern University.
KEY QUOTE:
“Two Bear Capital is proud to welcome Dr. Bridget Martell, Jeff Miller, Tim Veil, Kevin Day, and Jennifer Howrigan to the firm. We are in the midst of an exciting expansion period and continue to believe that the best value add we can create for our investors and our founders is to provide deep domain expertise in everything from the science and technology to the operations, sales, and service. These executives bring the right combination of experience, skill, and strategic thinking we need as Two Bear Capital continues to support the most innovative founders and build a multi-decade, top-tier, highimpact venture capital firm.”
– Two Bear Capital Founder and Managing Partner Mike Goguen
