Hillel Bachrach is a dynamic executive entrepreneur, with over 40 years of hands-on experience managing and directing all aspects of the commercial global introduction of new, innovative, and revolutionary medical and life science technologies. After a successful career as an entrepreneur, starting and exiting, IPOs, Strategic & Sponsors’ buyouts, currently, Mr. Bachrach is the Managing Partner of 20/20 HealthCare Partners, LLC, (20/20 HCP), a global investment entity he founded in 2005. As active investors, 20/20 HCP provides equity financing for promising growth businesses as well as for public offerings, buyouts or re-capitalizations of companies specializing in med-tech healthcare and lately advanced Bio-Tech technologies, Telehealth, AI and Big Data Analytics. In 2006, 20/20 HCP acquired a majority ownership in Viztek, a provider of Digital Radiography hardware and software solutions, where Mr. Bachrach served as executive chairman. In 2015, Viztek was acquired by Konica Minolta, a Japanese conglomerate. Mr. Bachrach, as its first institutional investor, also led various funding rounds for Corindus Vascular Robotics, (CVRS), and served on its Board of Directors from 2006 to 2017. In 2019 Siemens HeatlhCare purchased Corindus for $1.1B.
Mr. Bachrach served as president of Odin Medical Technologies, Inc., and helped found UltraSPECT, Ltd., the leader in providing sophisticated dose and procedure time reduction software solutions for nuclear medicine procedures. In 2019 UltraSPECT was sold to Pharmalogic. Other recent 20/20 HCP investments include XR Health, the leading provider of VR/AR technology for the telehealth market. In 2015, 20/20 HCP joined with Polaris Venture Fund in funding a promising biotech delivery company, SQZ Biotechnology, named one of the Fierce 15 biotech companies that year. 20/20 HCP was also instrumental in introducing Roche Pharma to SQZ for the signing of multiple collaboration agreements valued at over $1.5B. In 2017 20/20 HCP led the founding round of another Dr. Robert Langer Biotech technology, Verseau Therapeutics, specializes in extending the therapeutic reach of Immuno-Oncology therapy. In late 2019 20/20 HCP was the lead investor in EnClear Therapies, a life sciences company developing device-based therapies for the treatment of neurodegenerative disease, today announced joined by Amgen Ventures, Thiel Capital, Quark Ventures and Dolby Ventures. In 2017 20/20 HCP invested in Variantyx, the leading & only CLIA/CAP approved lab-less lab for the AI/Big Data based tertiary germline analysis of whole genome sequencing. Mr. Bachrach serves on Variantyx BOD as well as an advisor to the Founder/CEO.
During the last few years Mr. Bachrach has divested his activities to include two new avenues, new media and lifestyle. On the media side, he co-led various investment rounds in Zixi, the leading enabler of flawless broadcast quality HDTV over the Internet. Velocomp, a developer of innovative and advanced e-bike power regulator, is Mr. Bachrach’s latest investment. He serves on the Boards of Directors of these two companies.
Mr. Bachrach was recently elected a Trustee at BIDMC. He and his wife, Liliana, are involved with and support the Boston Symphony Orchestra, the Whitehead Institute, Harvard Kennedy School’s Belfer Center for Science and International Affairs, MIT Deshpande Center for Technological Innovation, and Community Servings, among others.
Mr. Bachrach received a B.S in electrical engineering from Technion Israeli Institute of Technology and an M.B.A. from the Kellogg Graduate School of Management. The Bachrachs live in Boston’s Back Bay and have a son, Ilan, and a daughter, Ronny, who serves on the BIDMC Board of Overseers.