About ripple trail investors
David Goldberg, Founder & Managing Partner
David Goldberg is a seasoned investor, advisor and trusted partner to business owners, with over 20 years of experience backing and growing growth-oriented companies. His career includes investing across healthcare, manufacturing, and technology-enabled services—sectors where long-term value is created through operational excellence and strong partnerships.
Before founding Ripple Trail Investors, David was a Managing Director at Endeavour Capital, where he led the firm’s healthcare investment strategy. He worked closely with founders and leadership teams to scale companies through organic growth, strategic acquisitions, and team development. His collaborative, patient approach has helped management teams expand their businesses while preserving culture and legacy.
David has served on the boards of several high-performing, founder-led companies, including ATL Technology (global medtech manufacturing), Equality Health (value-based care platform), Point B (consulting), Fi Holdings (electro-mechanical manufacturing), PK Global (technology services) and Zoom+ (on-demand primary and urgent care). His experience spans companies that serve leading OEMs, payors, and enterprises, with a focus on mission-driven teams delivering measurable value to their customers.
Earlier in his career, David held investment roles at DW Healthcare Partners and Comerica Bank’s healthcare and technology group. He holds an MBA with honors from the University of Chicago Booth School of Business and a BA in Finance from the University of Washington.
David lives in Seattle with his wife and three children. He founded Ripple Trail Investors to be a thoughtful capital partner for owners who care about their company’s next chapter—and want a partner who will roll up their sleeves and build for the long term.
Kevin Welch, Operating Partner
Kevin Welch is a seasoned entrepreneur and technology executive with a proven track record of scaling companies from startup to multi-billion-dollar enterprises.
He brings deep expertise in information systems and a diverse range of technologies, having led more than 40 mergers and acquisitions, two public offerings, a bankruptcy reorganization, and multiple corporate spin-offs.
In addition to serving as Chairman of AXCS Capital and Proximia® , Kevin has been a senior advisor to Francisco Partners and RedSail Technologies. He previously founded Integra®, scaling it from early-stage development into a market leader before its acquisition and eventual integration into RedSail Technologies under private equity ownership.
Prior to this, Kevin was president of Shared Healthcare System (sold to OmniCare), CTO of Sun Healthcare Systems (one of the largest public senior healthcare providers), Director of R&D of Symantec Corporation (SYMC), and a research scientist at Genetech (sold to Roche).
Kevin holds degrees in mathematics, computer science, applied mathematics, and engineering management from Stanford University. He is presently working on an executive MBA from Wharton. Kevin uniquely merges senior executive leadership with technical expertise, with a strong focus on leveraging AI-native tools to accelerate the creation and deployment of modern technologies. His strategic guidance helps companies scale faster, build smarter, and stay ahead in an increasingly digital world.