Nick Efstratis is a Managing Director at EPIC Ventures and has been a venture capitalist investing in seed and early-stage technology companies since 1999. Nick brings over a decade of investing experience coupled with direct operating experience in emerging enterprise and start-up companies. Along with the other Managing Directors of EPIC, he concurrently is an officer of Zion’s Bank SBIC Venture Fund. Prior to EPIC Ventures, Nick held numerous positions at Wasatch Venture Fund, including Associate, Partner and Managing Director. He was also an Officer of MACC Private Equities, a publicly traded investment management company.
Nick began his career in real estate investment management at Marcus & Millichap in Palo Alto about the time that Netscape completed its Initial Public Offering. Quickly catching the start-up bug, Nick joined the team that successfully sold SoftSolutions to Novell in 1994 and helped launch NetDocuments, a software start-up delivering “hosted” document management services. NetDocuments was a pioneer in the Software as a Service (SaaS) arena. The Company was later funded by Wasatch Venture Fund and remains a stellar Wasatch / EPIC portfolio company.
In 1998 Nick joined Excite.com in Redwood City, CA and worked in the Business Development Group while completing his M.B.A. During this time, Nick also provided consulting services to Wasatch Venture Fund, evaluating business plans and performing additional due diligence.
Nick and his wife Kristyn are the parents of three children. Together, along with Kristyn’s family, they are the founders and operators of RanchLife Adventures, a working cattle and guest ranch located in Montana. He has a B.S. in Entrepreneurship with a minor in Accounting/Economics from Brigham Young University. His M.B.A. is from the Marriott School.
Notable exits that Nick has worked on at EPIC include Ancestry.com (NASDAQ: ACOM), Berkeley Data Systems, a.k.a., Mozy (sold to EMC), Tricipher (sold to VMware) and Advanced Software (sold to Embarcadero Technologies). His current portfolio includes many market leading companies, including Alliance Health Networks (Health Social Networks), HyTrust (Virtualization Compliance, Security and Management), Instructure (Open Source LMS), Medsphere Systems (Open Source Electronic Health Records), Solution Reach (Doctor / Patient Communications Services), Xydo (Content Curation) and Zettaset (Hadoop-based Big Data platform).