Cyrus Massoumi Explained

Cyrus Massoumi
Nationality:American
Alma Mater:Phillips Academy, Wharton School at the University of Pennsylvania, Columbia University
Occupation:Entrepreneur
Known For:Founder of Zocdoc
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Awards:See awards section below

Cyrus Massoumi is the founder of telehealth service Dr. B and the founder of the investment fund humbition.[1] [2] He is also the founder of Zocdoc and was the company CEO for eight years.[3]

Early life and education

Massoumi graduated high school at the Phillips Academy in the class of 1994.[4] 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[5] with honors from Columbia University in 2003.[6] Massoumi was a recipient of the Heffernan Award for Outstanding Service from Columbia University.[7]

Business career

Early years

While in college, Massoumi worked for Walt Disney Company and served as a staffer for a US Senator. In 1998, he joined the business development team of Trilogy Software where he shared a desk with future Zocdoc co-founder Nick Ganju.[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.

Zocdoc

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. 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. 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. 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.[13] In November 2015, Massoumi stepped down as the company CEO and passed the job to fellow co-founder Oliver Kharraz. ZocDoc assisted cities in the rollout of the COVID-19 vaccine in 2021.[14]

humbition

In 2018, Massoumi and Indiegogo founder Slava Rubin created humbition, a 30 million dollar fund that invests in New York startups.[15] 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.[16] 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," [17] but should also be ambitious and constantly working to improve.[18]

Dr. B

In February 2021 Massoumi founded Dr. B, which at the time served as a “vaccine standby list” website to make unclaimed COVID-19 vaccines more accessible, especially for high-risk patients.[19] Within 90 days of launching, Dr. B offered more than one million vaccine doses to patients.[20] [21] [22] In 2022, Dr. B transitioned the business to offer "visitless" prescriptions, including for at-home COVID-19 anti-viral treatment.[23] [24]

Board memberships

Massoumi sits on the Board of Columbia University's Mailman School of Public Health.[25] He also serves as an Advisor to Refinery29[26] and to ClassPass.[27] 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

In 2008, Massoumi won the Forbes Boost Your Business Award for Zocdoc.[28] In 2012, Massoumi ranked at Number 57 in Fast Company's list of Most Creative People.[29] In 2013, Massoumi was included in Columbia Business School's article entitled Eight Alumni Who Are Changing the World.[30] He was also featured in Fortune's 40 Under 40[31] and in 2014, in Crain's 40 Under 40.[32] 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”[33] and he was also named Healthcare Hero of the Year by the Palm Beach County Medical Society.[34] In 2016, Massoumi was featured in Built in NYC's list of 20 Columbia alumni who founded major New York tech companies.[35] That same year he also received Columbia Business School's Exemplary Leadership Award.[36]

Notes and References

  1. Web site: Inside the Mind of a NYC VC: Cyrus Massoumi and Slava Rubin of humbition. 2019-01-02. AlleyWatch. en-US. 2019-04-04.
  2. Web site: Cyrus Massoumi, Founder, ZocDoc. Columbia Entrepreneurship. en-US. 2019-09-22.
  3. Web site: Olson. Palmy. ZocDoc Is Raising $150 Million At $1.6 Billion Valuation As Digital Health Heats Up. Forbes. 8 December 2016.
  4. Web site: Phillips Academy. Andover EDU. 20 December 2016. https://web.archive.org/web/20140407080817/http://www.andover.edu/about/notablealumni/longlist/pages/1900s.aspx. 7 April 2014. dead.
  5. Web site: Cyrus Massoumi Named to Crain's New York '40 Under 40' List. McKinsey and Company. 8 December 2016.
  6. Web site: Who is Cyrus Massoumi?. Biographies. 8 December 2016.
  7. Web site: Cyrus Massoumi. Huffington Post. 8 December 2016.
  8. Web site: Jeffries. Adrianne. The Doctor Will See You Now: How ZocDoc Is Rocking It By Being Just Ambitious Enough. 24 August 2011 . Observer. 8 December 2016.
  9. Web site: Morell. Katie. Cyrus Massoumi Of ZocDoc Reveals His 4-Part Formula For Success. American Express. 8 December 2016.
  10. News: Massoumi. Cyrus. Israeli Self-Defense or Tai Chi? Depends on Who's Watching. The New York Times. 22 August 2011 . 24 January 2017.
  11. Web site: Wellons. Marie Catherine. 5 Minutes With a Visionary: Cyrus Massoumi. 21 June 2012 . CNBC. 8 December 2016.
  12. News: Cao. Jing. Barinka. Alex. Health-Care Startup ZocDoc's CEO to Be Replaced by Co-Founder. Bloomberg. 13 November 2015 . 8 December 2016.
  13. Web site: Gossie. Michael. 2013 Most Admired Companies in Arizona are honored. 12 September 2013 . AZ Big Media. 8 December 2016.
  14. Web site: Chicago promotes zocdoc website to sign up for COVID-19 vaccine. Chicago Tribune. 2 February 2021 . en-US. 2021-02-02.
  15. Web site: Humbition Is a VC for Founder-Led Companies. Cheddar. en. 2018-11-15.
  16. Web site: Humbition is a new fund led by the Indiegogo's Slava Rubin. TechCrunch. 8 October 2018 . en-US. 2019-02-13.
  17. Web site: CBS: ZocDoc: Revolutionizing the way we find doctors. . 22 October 2012 .
  18. Web site: Fortune: Brainstorm Tech Spotlight: Cyrus Massoumi, Founder and CEO of ZocDoc.
  19. Web site: Michelson. Andrea. A new website will connect people with leftover COVID-19 vaccines by sending texts when a shot is going spare. 2021-03-17. Business Insider.
  20. Web site: Need a COVID Vaccine? This Man's Website Will Tell You When a Nearby Clinic Has a Dose for You. 2021-03-17. PEOPLE.com. en.
  21. News: Thomas. Katie. 2021-03-09. Hunting for a Leftover Vaccine? This Site Will Match You With a Clinic.. en-US. The New York Times. 2021-09-29. 0362-4331.
  22. News: Bodwin. Erin. 2022-08-16. Dr.B raises $8M for Covid telehealth service. 2022-09-08.
  23. News: Taylor. Phil. 2022-08-19. Dr.B raises $8M for telehealth service to deliver Covid antivirals. 2022-09-08.
  24. News: Plescia. Marissa. 2022-08-18. Dr.B secures $8M to expand new telehealth service for prescription medications. 2022-09-08.
  25. Web site: Board of Directors. Harboring Hearts. 8 December 2016.
  26. Web site: Konrad. Alex. Five Lessons Refinery29 Can Teach You To Be The Next $100M Startup. Forbes.
  27. Web site: ClassPass. Angel List.
  28. Web site: Boost Your Business 2008. Forbes. 8 December 2016.
  29. Web site: Most Creative People 2012. Fast Company. 8 December 2016.
  30. Web site: Narozny. Chris. Eight Alumni Who Are Changing the World. Columbia Business School. 8 December 2016.
  31. Web site: Cyrus Massoumi. Fortune. 8 December 2016. https://web.archive.org/web/20161220102308/http://fortune.com/40-under-40/2013/cyrus-massoumi-23/. 20 December 2016. dead.
  32. Web site: 40 Under 40 2014. Crains New York. 8 December 2016.
  33. Web site: Stanger. Melissa. Martin. Emmie. Kosoff. Maya. SILICON ALLEY 100: 1-100. Business Insider. 22 December 2016.
  34. Web site: 2015 OnCall Quarter 2. 28 May 2015 . ISSUU. 8 December 2016.
  35. Web site: Majewski. Taylor. 20 Columbia alumni who founded major New York tech companies. Built in NYC. 8 December 2016.
  36. Web site: Exemplary Leadership Awards. Columbia Business School. 8 December 2016.