Investment Team

Roy M. Martin, Jr. is president & CEO of WELM Ventures, LLCHe is currently chairman of the board of Pursuit Vascular (, a medical device company specializing in innovative catheter products for chronic dialysis patients; he is an investor and former member of the board of directors of Pramata (, a data analytics company focused on the management and analysis of contracts in corporations through the deployment of innovative web-hosted SaaS workflow software; he is an investor and former member of the board of Lex Machina (, an analytics information company focused on tools for intellectual property lawyers; he was formerly the executive chairman of Xenex Healthcare Services (, a provider of revolutionary disinfection systems for hospitals; and is a senior advisor to StarTec Investments, LLC ( venture capital firm in Minneapolis, MN. 

From 2013-2017, Mr. Martin was executive vice president and chief operating officer of Truven Health Analytics, a private equity-owned provider of analytic data products 
and services to the healthcare industry. Originally acquired by Veritas Capital for $1.25 billion in 2012, Truven was sold for $2.6 billion to IBM Watson Health in April, 2016, among the largest US healthcare IT acquisitions and transactions of its type. 

From 1993–2011, Mr. Martin was a senior executive with Thomson Reuters (NYSE: TRI), a $12.2 billion global provider of information, software and services to the legal, tax, scientific, intellectual property and financial services industries, and a member of the company's executive committee. From 2005-2011, he was based in NYC and was president & CEO of the company’s Tax & Accounting business, a $1.1 billion global company with 5,500 employees in 10 countries worldwide providing software, services and information products to tax professionals in multi-national corporations and accounting firms. During his tenure, he was credited with and led the company’s explosive growth in revenue from $480 million in 2004 to $1.1 billion in 2011, leading to the company’s #1 global and US market leadership position. Under his leadership, the company completed 34 acquisitions for ~$900 million, and produced multiple years of double-digit organic growth.
From 2001–2004, Mr. Martin was president & CEO of TRI's Dialog Corporation and from 1998–2000, Mr. Martin served as executive vice president & chief strategy officer for TRI's $3.2 billion Legal & Regulatory Group, where he was responsible for guiding the company’s aggressive expansion in the US and internationally.  He was also general manager of the company’s $75 million Latin American business during this time.  Between 1993 and 1997, Mr. Martin served in a number of senior executive and general management roles for TRI in its legal and regulatory group under the Westlaw, West Publishing and Lawyers Cooperative Publishing brands, including chief operating officer of Thomson Legal Publishing (revenues of $420 million).  He was credited with the global expansion of Westlaw, now the world’s leading online research product for lawyers.

Mr. Martin began his career in the US computer industry with Lanier Business Products (NYSE: LBS) and later with Harris Corporation (NYSE: HRS) and Syntrex Networks (NASDAQ: STRX), rising rapidly through a dozen promotions and leadership roles during a 10 year period.  He was later president of two public software companies, Sulcus Software (NASDAQ: SULC) and CompuTrac Legal Software (AMEX: LLB).  

Mr. Martin graduated with a BA from Virginia Tech, and holds a MBA from Emory University. Originally from Richmond, VA, he now resides with his wife in Minneapolis, MN, where he has served on the board of directors of the American Heart Association (AHA) of Minneapolis (and formerly, the AHA board of New York City) and is actively involved with the venture capital community.