Michael Melby
Director/Board Member at ADVANCED HEALTH INTELLIGENCE LTD
Net worth: 248 760 $ as of 2024-02-28
Profile
Michael Melby was the founder of PayDivvy, Inc. (2010) where he served as CEO until 2013, and Fitlab VC (2016) where he was previously the Co-CEO & Managing Partner.
Mr. Melby is also the founder of CLEARLIGHT PARTNERS MANAGEMENT LLC, MW Fitness Holdings LLC.
Currently, Mr. Melby holds several positions including Co-Executive Chairman at Electric Visual Evolution LLC (2020 - present), Co-Executive Chairman at Ragnar Events LLC (2021 - present), Co-Executive Chairman at Xpt Life LLC (current), Independent Non-Executive Director at Advanced Health Intelligence Ltd.
(2017 - present), Board Member at Project One Nutrition, Inc. (2019 - present), and Board Member at Freeletics GmbH (2018 - present).
Mr. Melby's former positions include Vice President at New Evolution Ventures LLC, Head of Business Development & International at U Gym LLC (2013 - 2016), and Advisor at Phunware, Inc. (2010 - 2012).
Mr. Melby received his undergraduate degree from the University of California, Berkeley in 2003 and his MBA from The Wharton School of the University of Pennsylvania in 2010.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2023-10-29 | 4,000,000 ( 1.66% ) | 248 760 $ | 2024-02-28 |
Michael Melby active positions
| Companies | Position | Start |
|---|---|---|
| ADVANCED HEALTH INTELLIGENCE LTD | Director/Board Member | 2017-10-26 |
Xpt Life LLC
 Xpt Life LLC Other Consumer ServicesConsumer Services Xpt Life LLC provides body fitness services. The company was founded by Gabby Reece and Laird Hamilton and is headquartered in Newport Beach, CA. | Chairman | - |
Freeletics GmbH
 Freeletics GmbH Packaged SoftwareTechnology Services Freeletics GmbH engages in the development of fitness applications. Its applications include freeletics bodyweight, freeletics wear, freeletics running, and freeletics gym. The company was founded by Joshua Cornelius, Andrej Matijczak, and Mehmet Yilmaz in June 2013 and is headquartered in Munich, Germany. | Director/Board Member | 2017-12-31 |
Electric Visual Evolution LLC
 Electric Visual Evolution LLC Medical SpecialtiesHealth Technology Electric Visual Evolution LLC manufactures eyewear. Its products include sunglasses, snow goggles, clothing, accessories and travel series. The firm has operations in France and Australia. The company founded in 2000 and is headquartered in San Clemente, CA. | Chairman | 2019-12-31 |
Ragnar Events LLC
 Ragnar Events LLC Movies/EntertainmentConsumer Services Ragnar Events LLC engages in the provision of entertainment and sports recreation services. In the Ragnar Relay Series, teams of 12 run a 200-mile relay over two days and one night; in the Ragnar Trail Series, teams of 8 run a 120-mile trail relay over the same time span. The company was founded by Tanner Bell and Dan Hill in 2004 and is headquartered in Salt Lake City, UT. | Chairman | 2021-09-30 |
Project One Nutrition, Inc.
 Project One Nutrition, Inc. Food: Major DiversifiedConsumer Non-Durables Project One Nutrition, Inc. manufactures and distributes consumer packaged food. The company was founded by Mattew Wan and Rob Dyrdek and is headquartered in Palo Alto, CA. | Director/Board Member | 2018-12-31 |
Fitlab VC
 Fitlab VC Investment ManagersFinance Fitlab Inc (Fitlab VC) is a venture capital firm founded in 2016 by Mike Melby and Brian Kirkbride. The firm is headquartered in Newport Beach, California. | Chief Executive Officer | 2015-12-31 |
Former positions of Michael Melby
| Companies | Position | End |
|---|---|---|
U Gym LLC
 U Gym LLC Other Consumer ServicesConsumer Services U Gym LLC owns and operates gym. It offers group fitness classes, private MMA training, personal and group training, and MMA-style youth programming. The firm also sells hoodies, jerseys, jackets, T-shirts, and socks for men, women, and kids online. The company was founded in 2004 and is headquartered in Newport Beach, CA. | Corporate Officer/Principal | 2016-12-30 |
PayDivvy, Inc.
 PayDivvy, Inc. Packaged SoftwareTechnology Services PayDivvy, Inc. provides social payment solutions. It delivers banking solutions to financial institutions. The company was founded by Raymond Tamblyn, Michael J. Melby in 2009 and is headquartered in Irvine, CA. | Chief Executive Officer | 2013-12-30 |
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| ░░░░░░░░░░ ░░░░░░░░ ░░░░░░░░░░ ░░░ | ░░░░░░░ | - |
| ░░░ ░░░░░░░░░ ░░░░░░░░ ░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Michael Melby
| University of California, Berkeley | Undergraduate Degree |
| The Wharton School of the University of Pennsylvania | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| ADVANCED HEALTH INTELLIGENCE LTD | Technology Services |
| PHUNWARE, INC. | Technology Services |
| Private companies | 11 |
|---|---|
PayDivvy, Inc.
PayDivvy, Inc. Packaged SoftwareTechnology Services PayDivvy, Inc. provides social payment solutions. It delivers banking solutions to financial institutions. The company was founded by Raymond Tamblyn, Michael J. Melby in 2009 and is headquartered in Irvine, CA. | Technology Services |
CLEARLIGHT PARTNERS MANAGEMENT LLC
 CLEARLIGHT PARTNERS MANAGEMENT LLC Investment ManagersFinance ClearLight Partners Management LLC(ClearLight Partners) is a private equity subsidiary of The Westec Security Group Inc founded in 2000 by Michael S. Kaye. The firm is headquartered in Newport Beach, California. | Finance |
Electric Visual Evolution LLC
Electric Visual Evolution LLC Medical SpecialtiesHealth Technology Electric Visual Evolution LLC manufactures eyewear. Its products include sunglasses, snow goggles, clothing, accessories and travel series. The firm has operations in France and Australia. The company founded in 2000 and is headquartered in San Clemente, CA. | Health Technology |
Ragnar Events LLC
Ragnar Events LLC Movies/EntertainmentConsumer Services Ragnar Events LLC engages in the provision of entertainment and sports recreation services. In the Ragnar Relay Series, teams of 12 run a 200-mile relay over two days and one night; in the Ragnar Trail Series, teams of 8 run a 120-mile trail relay over the same time span. The company was founded by Tanner Bell and Dan Hill in 2004 and is headquartered in Salt Lake City, UT. | Consumer Services |
New Evolution Ventures LLC
 New Evolution Ventures LLC Investment ManagersFinance New Evolution Ventures LLC (New Evolution Ventures) is a private equity firm founded in 2003 by Mark S. Mastrov, Jim Rowley and Mike Feeney. The firm is headquartered in Lafayette. | Finance |
Project One Nutrition, Inc.
Project One Nutrition, Inc. Food: Major DiversifiedConsumer Non-Durables Project One Nutrition, Inc. manufactures and distributes consumer packaged food. The company was founded by Mattew Wan and Rob Dyrdek and is headquartered in Palo Alto, CA. | Consumer Non-Durables |
Freeletics GmbH
Freeletics GmbH Packaged SoftwareTechnology Services Freeletics GmbH engages in the development of fitness applications. Its applications include freeletics bodyweight, freeletics wear, freeletics running, and freeletics gym. The company was founded by Joshua Cornelius, Andrej Matijczak, and Mehmet Yilmaz in June 2013 and is headquartered in Munich, Germany. | Technology Services |
Fitlab VC
Fitlab VC Investment ManagersFinance Fitlab Inc (Fitlab VC) is a venture capital firm founded in 2016 by Mike Melby and Brian Kirkbride. The firm is headquartered in Newport Beach, California. | Finance |
MW Fitness Holdings LLC
 MW Fitness Holdings LLC Other Consumer ServicesConsumer Services MW Fitness Holdings LLC engages in operation of fitness and boxing center. The company is headquartered in Los Angeles, CA. | Consumer Services |
Xpt Life LLC
Xpt Life LLC Other Consumer ServicesConsumer Services Xpt Life LLC provides body fitness services. The company was founded by Gabby Reece and Laird Hamilton and is headquartered in Newport Beach, CA. | Consumer Services |
U Gym LLC
U Gym LLC Other Consumer ServicesConsumer Services U Gym LLC owns and operates gym. It offers group fitness classes, private MMA training, personal and group training, and MMA-style youth programming. The firm also sells hoodies, jerseys, jackets, T-shirts, and socks for men, women, and kids online. The company was founded in 2004 and is headquartered in Newport Beach, CA. | Consumer Services |
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