David Tolmie

Partner
dave@edgewaterfunds.com 

Dave Tolmie is a Partner with Edgewater and has been with the firm since its inception in 2001.

Prior to joining Edgewater, Dave was the CEO and President of Yesmail, Inc., a leading marketing services provider. Dave led Yesmail to a highly successful IPO and subsequent sale for $720 million.

Previously, Dave was Senior Vice President of Operations for Bally Total Fitness, overseeing the company’s $650 million annual revenue and its 13,000-person sales and operations workforce. Dave joined Bally after building and selling a regional health club company to Bally in 1990 for $90 million. Prior to this, Dave worked as a consultant with McKinsey & Company in New York. Dave began his career as a product manager with General Mills, Inc.

Dave serves on the board of several Edgewater portfolio companies and is active in civic and business leadership positions. He serves on the Board of Directors and the Executive Committee of the Field Museum of Natural History and Opportunity International, a global micro-finance organization. He was a founding board member of the Illinois Venture Capital Association and the Chicagoland Entrepreneurial Center. Dave is also the Chairman of The Faraja Fund Foundation which supports the Faraja Primary School for children with physical disabilities in Tanzania, Africa.

Dave has received awards for his entrepreneurial leadership as a Finalist in the 2000 Ernst & Young Entrepreneur of the Year program and from the Harvard Business School for his work in the non-profit world. Dave received his B.A. from the University of Virginia, with distinction, and his M.B.A. from the Harvard Business School.