Eric Steager is Band Venture Partners’ Managing Partner bringing over twenty years of venture capital and corporate venture capital experience to the team.
He was most recently responsible for managing Purdue Ventures, the early-stage venture capital program for Purdue University. Additionally, Mr. Steager re-established and led the corporate venture capital program for Anthem, the largest and only publicly traded Blue Cross Blue Shield managed healthcare company, as well as helped create and lead the strategic investing effort at Independence Blue Cross, the Philadelphia-based managed care company. At both, he focused on strategic investments within the early-stage healthcare and technology sectors.
Mr. Steager has also held investment roles at a family office, GPX Enterprises, and the venture capital firm, Safeguard Scientifics, while his early career included founding a private investment fund focused on acquiring a middle market manufacturing company in the Midwestern United States, and healthcare investment banking at Houlihan Lokey and Ernst & Young.
He has been Adjunct Professor of Finance and Entrepreneurship at both Drexel University and Temple University as well as a guest lecturer at Purdue University. Mr. Steager holds an MBA with Honors from the University of Chicago, Booth School of Business and a bachelor’s degree from Drexel University.
While originally from outside of Philadelphia with subsequent stops in Atlanta and Chicago, he currently lives outside of Indianapolis, Indiana, in Carmel (pronounced like the candy, not the one in California), with his wife and two teenage children.