Cyrus Massoumi

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Cyrus Massoumi
Cyrus Massoumi.jpg
NationalityAmerican
Alma mater
OccupationEntrepreneur
Known forFounder of Zocdoc
AwardsSee awards section below

Cyrus Massoumi is the co-founder of the investment fund humbition.[1] He is also the founder of Zocdoc and was the company CEO for eight years.[2]

Early life and education[edit]

Massoumi graduated high school at the Phillips Academy in the class of 1994.[3] He then graduated with a BS Degree in Entrepreneurial Management, Finance and Operations and Information Management in 1998 from the Wharton School at the University of Pennsylvania. He also received an MBA[4] with honors from Columbia University in 2003.[5][6] Massoumi was a recipient of the Heffernan Award for Outstanding Service from Columbia University.[7]

Business career[edit]

Early years[edit]

While in college, Massoumi worked for Walt Disney Company and served as a staffer for a US Senator.[6] In 1998, he joined the business development team of Trilogy Software where he shared a desk with future Zocdoc co-founder Nick Ganju.[4][8] At the age of 22, he founded a software company called OneSizeTooSmall. The company closed in 2001, and Massoumi spent six months backpacking through China to figure out what he wanted to do next.[9] After finishing Columbia Business School, he became an Engagement Manager at McKinsey & Company specializing in healthcare and technology.[7]

Zocdoc[edit]

Massoumi founded Zocdoc together with Nick Ganju and Dr. Oliver Kharraz in 2007. Zocdoc is a New York-based online booking company that provides patients with the option of booking empty slots in doctors’ schedules using their mobile devices.[2] Massoumi got the idea for the company after waiting four days with a ruptured eardrum to try to see a doctor.[10][11] Their services reach 40% of the US population in 1900 cities.[2] As CEO, Massoumi raised $220M. Some of their investors included: Amazon founder Jeff Bezos, Salesforce CEO Marc Benioff, Goldman Sachs, founder of SV Angel Ron Conway, Khosla Ventures, DST, Atomico and the Founders Fund among others.[2] In August 2015, the company was valued at $1.8 billion.[12] Zocdoc was recognized as a Best Place to Work both in New York and Arizona for four consecutive years.[4][13] In November 2015, Massoumi stepped down as the company CEO and passed the job to fellow co-founder Oliver Kharraz.

humbition[edit]

In 2018, Massoumi and Indiegogo founder Slava Rubin created humbition, a 30 million dollar fund that invests in New York startups.[14] The fund's advisors include Neil Blumenthal, founder of Warby Parker; Payal Kadakia, founder of ClassPass; Scott Harrison, founder of Charity:Water; and Philip Krim, founder of Casper.[15] The name 'humbition' was first used by Massoumi in 2013 during interviews with Fortune and CBS. He defined 'humbition' as "a quality in which people (leaders) are humble enough to put the team before themselves," [16] but should also be ambitious and constantly working to improve.[17]

Board memberships[edit]

Massoumi sits on the Columbia University's Board of Overseers at the Mailman School of Public Health.[18] He also serves as an Advisor to Refinery29[19] and to ClassPass.[20] He was previously an Advisory Board member of Harboring Hearts, a charitable organization that offers support to heart patients and their families.

Awards and honors[edit]

In 2008, Massoumi won the Forbes Boost Your Business Award for Zocdoc.[21] In 2012, Massoumi ranked at Number 57 in Fast Company's list of Most Creative People.[22] In 2013, Massoumi was included in Columbia Business School's article entitled Eight Alumni Who Are Changing the World.[23] He was also featured in Fortune's 40 Under 40[24] and in 2014, in Crain's 40 Under 40.[25] In 2015, Massoumi was recognized in Business Insider’s Silicon Alley 100: 1-100 for being one of the “most inspiring people in the New York tech industry”[26] and he was also named Healthcare Hero of the Year by the Palm Beach County Medical Society.[27] In 2016, Massoumi was featured in Built in NYC's list of 20 Columbia alumni who founded major New York tech companies.[28] That same year he also received Columbia Business School's Exemplary Leadership Award.[29]

References[edit]

  1. ^ "Inside the Mind of a NYC VC: Cyrus Massoumi and Slava Rubin of humbition". AlleyWatch. 2019-01-02. Retrieved 2019-04-04.
  2. ^ a b c d Olson, Palmy. "ZocDoc Is Raising $150 Million At $1.6 Billion Valuation As Digital Health Heats Up". Forbes. Retrieved 8 December 2016.
  3. ^ "Phillips Academy". Andover EDU. Archived from the original on 7 April 2014. Retrieved 20 December 2016.
  4. ^ a b c "Cyrus Massoumi Named to Crain's New York '40 Under 40' List". McKinsey and Company. Retrieved 8 December 2016.
  5. ^ "Who is Cyrus Massoumi?". Biographies. Retrieved 8 December 2016.
  6. ^ a b "Cyrus Massoumi – Co-Founder and CEO of ZocDoc". Idea Mensch. Retrieved 8 December 2016.
  7. ^ a b "Cyrus Massoumi". Huffington Post. Retrieved 8 December 2016.
  8. ^ Jeffries, Adrianne. "The Doctor Will See You Now: How ZocDoc Is Rocking It By Being Just Ambitious Enough". Observer. Retrieved 8 December 2016.
  9. ^ Morell, Katie. "Cyrus Massoumi Of ZocDoc Reveals His 4-Part Formula For Success". American Express. Retrieved 8 December 2016.
  10. ^ Massoumi, Cyrus. "Israeli Self-Defense or Tai Chi? Depends on Who's Watching". The New York Times. Retrieved 24 January 2017.
  11. ^ Wellons, Marie Catherine. "5 Minutes With a Visionary: Cyrus Massoumi". CNBC. Retrieved 8 December 2016.
  12. ^ Cao, Jing; Barinka, Alex. "Health-Care Startup ZocDoc's CEO to Be Replaced by Co-Founder". Bloomberg. Retrieved 8 December 2016.
  13. ^ Gossie, Michael. "2013 Most Admired Companies in Arizona are honored". AZ Big Media. Retrieved 8 December 2016.
  14. ^ "Humbition Is a VC for Founder-Led Companies". Cheddar. Retrieved 2018-11-15.
  15. ^ "Humbition is a new fund led by the Indiegogo's Slava Rubin". TechCrunch. Retrieved 2019-02-13.
  16. ^ "CBS: ZocDoc: Revolutionizing the way we find doctors".
  17. ^ "Fortune: Brainstorm Tech Spotlight: Cyrus Massoumi, Founder and CEO of ZocDoc".
  18. ^ "Board of Directors". Harboring Hearts. Retrieved 8 December 2016.
  19. ^ Konrad, Alex. "Five Lessons Refinery29 Can Teach You To Be The Next $100M Startup". Forbes.
  20. ^ "ClassPass". Angel List.
  21. ^ "Boost Your Business 2008". Forbes. Retrieved 8 December 2016.
  22. ^ "Most Creative People 2012". Fast Company. Retrieved 8 December 2016.
  23. ^ Narozny, Chris. "Eight Alumni Who Are Changing the World". Columbia Business School. Retrieved 8 December 2016.
  24. ^ "Cyrus Massoumi". Fortune. Retrieved 8 December 2016.
  25. ^ "40 Under 40 2014". Crains New York. Retrieved 8 December 2016.
  26. ^ Stanger, Melissa; Martin, Emmie; Kosoff, Maya. "SILICON ALLEY 100: 1-100". Business Insider. Retrieved 22 December 2016.
  27. ^ "2015 OnCall Quarter 2". ISSUU. Retrieved 8 December 2016.
  28. ^ Majewski, Taylor. "20 Columbia alumni who founded major New York tech companies". Built in NYC. Retrieved 8 December 2016.
  29. ^ "Exemplary Leadership Awards". Columbia Business School. Retrieved 8 December 2016.