FreedomPay Board of Directors
- Thomas Durovsik, Founder and Chief Executive Officer
- Peter Buhl, BlueRun Ventures Partners
- Mark Levine, Core Capital Partners
- Jack R. Selby, Clarium Capital Management
Thomas Durovsik
Tom Durovsik has a range of successes at both large and small companies in both the old and new economies. His accomplishments span across several disciplines including technology, transaction processing, direct marketing, financial services, healthcare, the arts, branding, product and business development.
In his early career experience at PepsiCo starting in 1981, Tom focused on marketing and product development. He managed marketing for leading PepsiCo brands including Pepsi, Diet Pepsi and an array of new beverage products.
For the next 11 years Tom served as President and was a minority equity partner at The Franklin Mint, a manufacturer and direct marketer of collectibles. The company grew sales from $150 million in 1985 to over $1 billion with over 5,000 employees spanning the globe. Tom oversaw a global expansion of operations to 35 countries expanding product development, manufacturing, fulfillment, and customer care facilities to meet worldwide demand.
In 1995, Tom founded Intelihealth on the forefront of the internet revolution. In partnership with US Healthcare and Johns Hopkins University, Intelihealth was the first company to provide personalized branded health care information to all forms of electronic media including the then-new medium of the Internet. Intelihealth.com won a "Webbie" for best health-related site in 1999 and a "People's Choice Award" in 2000. Aetna, Inc., the world's largest insurer, acquired Intelihealth in 1999.
In 2000, Tom founded FreedomPay, Inc. The company is recognized as a pioneer in Transaction Management Solutions, the ability to match all forms of payment to an organization's bottom line needs, and emerging as one of the fastest growing areas of transaction processing. FreedomPay serves Fortune 1000 corporations, elite healthcare institutions, universities and leading hotel and entertainment venues. Additionally, FreedomPay is a leading provider of cashless payment solutions to the United States Government, serving over 20 federal agencies.
Tom is a founding member of The Wellness Community of Philadelphia, a global nonprofit that provides emotional support, education and hope to cancer patients and their families. His wife, Jill, is past Chairwoman and today is Chair for the organization's Cancer Survivorship Research and Training Institute located in Philadelphia.
Tom holds a BA from Drew University and an MBA from George Washington University.
Peter Buhl
Peter Buhl is a Partner BlueRun Ventures, a firm he co-founded in 1998. Pete's 12 years of investing experience spans e-commerce, consumer and enterprise software, wireless and Internet investments. Prior to starting the firm in 1998, Pete had 12 years of operations and finance experience in venture backed companies, including executive positions with Ipsilon Networks and Software Alliance Corp. Pete started his career at Price Waterhouse and holds a B.S. from the Haas School of Business at UC Berkeley.
Mark Levine
Mark Levine is a Managing Director at Core Capital Partners. Prior to joining Core, Mr. Levine was the managing member of GCI Venture Partners, an early stage technology venture capital fund in the mid-Atlantic region. He was responsible for the day-to-day operation of the fund, deal flow and review, due diligence and post-investment management of the partnership's portfolio. In this capacity he followed trends in Internet infrastructure technologies, software, telecommunications, and biotech/life sciences. Mr. Levine has served on the Boards of Directors of InPhonic (NASDAQ:INPC), Clareos, VocalData (acquired by TKLC), sentitO Networks, and Roundbox.
Jack R. Selby
Jack R. Selby is a Managing Director at Clarium Capital Management LLC. Prior to Clarium, Mr. Selby served as a Corporate Officer and Senior Vice President of PayPal, Inc. (NASDAQ: PYPL). Mr. Selby was an original member of the founding PayPal team, and served in a variety of roles during his tenure at the company, including the management of PayPal's international operations. Prior to PayPal, Mr. Selby worked for GFTA Analytics GmbH, a Dusseldorf-based financial consulting company which provides foreign exchange solutions to financial institutions, multi-national corporations, governments, central banks and institutional investors. Mr. Selby is a graduate of Hamilton College (NY).