John D Steuart
|John D Steuart|
John D Steuart is a venture capitalist who co-owns and manages Savvy Properties, L.P. Steuart co-founded Savvy with Michael Kraszulyak in 1988. It is a property management company located at Oakland, CA, which originally focused on student housing. Over the last 20 years, Mr. Steuart has carried out supervisory and advisory duties in investment, public and private health care, technology, and marketing firms. Steuart had invested in at least 5 portfolio companies. In 2015, his portfolio company, GeneWeave was acquired by Roche in a $425 million transaction. A year later, Myraid Genetics purchased John's portfolio company Assurex in a $410 million deal. Steuart’s career as a venture investor and CFO began at Alafi Capital Company. He worked in Alafi from 1988-1995. While working for the company, Steuart has negotiated and led process for the buyout of Monsanto’s $33 million LP interest. Monsanto was an agrochemical and agricultural biotechnology corporation. After Alafi, he served as the CFO and COO of CyberGold (1995-2000), an internet payment marketing company he co-founded with Nat Goldhaber and Gary Fitts. His previous roles involve leading IPO processes, managing mergers and acquisitions, and overseeing offshore development subsidiary. With the CyberGold-MyPoints merger in 2000, Steuart remained as the CFO. And from August 2000 through June 2001, Steuart served as the senior vice president of strategic partnerships of MyPoints. In 2004, Steuart established Oakland-based Claremont Creek Ventures with Hawks and Goldhaber. Being the managing director, Steuart led Claremont Creek’s Digital Healthcare Practice with the aim of bringing new solutions to improve patient outcomes and to lower the overall costs of medicine for the society at the same time. Eight years later, he worked for Prolog Ventures (St. Louis and Berkeley). Leading the West Coast office as the managing director, Steuart has largely contributed to the successful closing of Prolog Capital Fund IV by leading fundraising efforts.