Tim Hoerr, CEO & MANAGING PARTNER

Tim Hoerr is a seasoned business executive with nearly 40 years of experience in a variety of industries. He serves as the CEO and Managing Partner of Serra Ventures, which he founded in 2008. He was co-founder and former CEO of iCyt Mission Technology, Inc., a highly successful bio-instrument company that won numerous awards for technology and business excellence and which was acquired by Sony Corporation in late 2009. Tim was awarded the Entrepreneurial Excellence in Management Award at the Innovation Celebration, 2009. Prior to iCyt, Tim was the President and CFO of SourceGear, an early internet browser company focused on mobile devices. Subsequent to his tenure at SourceGear and iCyt, he served as the CEO of ImmuVen, a drug development company that was acquired by a large pharmaceutical company in 2014.

Tim spent nearly all of the first 15 years of his professional career with RSM McGladrey (now RSM) in Illinois and San Diego, leading teams of consultants focused on serving middle market clients. In his capacity as Consulting Partner with McGladrey, Tim provided leadership on a regional and national level. He also served on two national committees for the American Society of Certified Public Accountants (Business Valuation and Emerging Services). A published author and former professional speaker, he has given over 300 speaking and workshop presentations in his professional career.

Professional Credentials: Tim holds the Certified Public Accountant (CPA, 1983) and Certified Management Accountant (CMA, 1984) designations. He received national honors on both the CPA and CMA examinations. He formerly held the Accredited Senior Appraiser of Business Valuation credential (American Society of Appraisers) while actively practicing business valuation as a partner in RSM McGladrey.

Education: B.S. in Accounting, B.S. in Business Admin., Illinois State University, summa cum laude, 1983. Tim received numerous honors at ISU, including Bone Scholar, the highest undergraduate designation awarded and the Raymond Esworthy Award for outstanding accounting student. He was initiated into the Beta Gamma Sigma Honor Society.