Michael Ferro
private equity in Chicago, Illinois
Website: http://michaelferroinfo.com/
Address: 350 North Orleans Street Suite 9000N Chicago, IL 60654
Phone : 312-994-9494
Michael W. Ferro, Jr is an inventor, investor, and philanthropist.
Michael is the Founder and CEO of Merrick Ventures LLC, a Chicago-based venture capital and private equity firm focused on big data, deep learning and content aggregation, and distribution technologies. He recently retired from the helm of publishing giant TRONC after improving the profitability of its online newspapers. From 2008 to 2015, he served as the chairman of NASDAQ company Merge Healthcare, turning the organization into a billion-dollar enterprise, which was acquired by IBM in October. Currently, he is also the Chairman of Wrapports LLC, which owns media properties like the Sun-Times Network, the Chicago Sun-Times, the Chicago Reader, Chicago.com, Aggrego, Thecube.com, and Higi LLC.
An inventor of a number of proprietary products and processes, he holds multiple patents issued by the U.S. Patent and Trademark Office. Most recently, Michael was issued a patent for his innovations in medical imaging for Merge healthcare, and several of his developments are currently patent pending.
Best known for founding Internet software company, Click Commerce at the age of 28, Michael’s success in his early career made him one of the youngest people named to the Forbes “Tech’s 100 Highest Rollers” list and earned Michael numerous business honors. During this time, he was named Young Entrepreneur of the Year by the Collegiate Entrepreneurs Organization, and won the KPMG Illinois High Tech award as well as the Ernst & Young Entrepreneur of the Year in Technology award.