Tod Loofbourrow is co-founder and President of iRobot Healthcare, a business unit of iRobot Corporation (NASDAQ: IRBT) devoted to developing healthcare applications to achieve the mission of “adding a million years of independent living to our customers and their families.” Mr. Loofbourrow is a technology executive and entrepreneur. He most recently founded, and served as Chairman and CEO at Authoria, a $38M software-as-a-service (SaaS) leader in the Health/Benefits Information and Talent Management space, serving over four million users and delivering over a billion page views a year to customers. Authoria helped define the Talent Management space with Gartner and emerged as a top player in the field, leading to a successful sale in fall 2008.
Mr. Loofbourrow has been actively involved in the health space for 20 years, recently privileged to collaborate with David Cutler, David Blumenthal, Erik Brynjolfsson and others in January of 2009 in developing a nineteen billion dollar part of the American Recovery and Reinvestment Act of 2009 associated with incenting doctors and hospitals to deploy and meaningfully use electronic medical records to better collaborate across the medical system, and to better aggregate data on what works and what doesn’t in driving better outcomes for patients. Previously, He was founder, managing director, and CEO of strategic consulting firm Foundation Technologies, Inc., specializing in content, rule, and knowledge-based systems for Fortune 2000 CIOs. Notable customer successes include the first ever Managed Second Surgical Opinion system for managed care, built for Aetna and Medical Intelligence, later sold to McKesson.
Mr. Loofbourrow was educated at Harvard and Oxford Universities, and taught graduate courses on Internet Commerce and Artificial Intelligence at Harvard University for seven years. He has lectured at Stanford, MIT Sloan School, Harvard Business School, Babson College, and others. He is author or chapter contributor to six books—the first, a 20,000 copy trade bestseller on computer science and robotics written at the age of 16.