Mark Bowles, MSMT ’96

Mark BowlesMark was featured on SmartPlanet.com in an article about his company ecoATM. The ecoATM is an automated, consumer self-serve kiosk that quickly evaluates and buys back used consumer electronics directly from consumers for cash. The company’s website claims that the process takes just a few minutes to complete. Read more about Mark on SmartPlanet.com, a destination for savvy advice, thought-provoking analysis and expert discussion on the intersection of technology, business and life.

According to the SmartPlanet.com article:

… Bowles has been involved with no fewer than six venture-backed companies in the past two decades, most of them in the semiconductor or technology hardware space.

Mark has more than 23 years in the semiconductor and wireless industries. He has been involved in the formation and funding of 5 technology start-ups and has successfully raised 14 rounds of Venture Capital financing totaling more than $140M raised and has been part of some very nice financial exits for these investors.

Since his last update 5 years ago Mark has been quite busy. A start-up he founded, ecoATM, was acquired by a public company for $350M and he spent a couple of years earning out and left in 2015. Mark co-founded another company (his 7th) in the blood diagnostics space to dramatically lower the cost and complexity of routine blood testing. That company, Truman Sciences, is now well-funded ($20M+) and making great strides with the science, technology, and FDA.

He also sits on a number of non-profit boards, his favorite (other than Graziadio) is a research institute named La Jolla Institute of Allergy and Immunology, where the mission is literally “Life Without Disease” and they are making great strides toward that goal. Mark is also doing a lot of angel/VC investing in early stage local SoCal start-ups. In fact, he and a few investors have begun filming their investment process and have turned it into a TV Show called VCs in a Van, that just began airing episodes on cable and YouTube. Also, he has become quite involved with teaching entrepreneurship in prison to inmates through and organization called Defy Ventures.

He also works with recently released inmates to help launch their businesses when they get out. You can read about one of them here, Timothy Jackson, who recently launched a thriving cleaning service in San Diego. Finally, he is also finding a little time to relax, travel, sail, and do surf trips with his three sons.

Mark Bowles, MSMT ’96

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