Mark joined TTV in September 2008 as a Partner. Mark has more than 20 years of venture capital experience and more than 30 years of operating experience growing one of the most successful bill payment systems, CheckFree. His accomplishments at CheckFree include inventing consumer direct online bill payment, the development and launch of its commercial and consumer electronic funds transfer services, and electronic bill payment and presentment businesses. He headed CheckFree’s strategic initiatives, as well as mergers and acquisitions (more than 20 acquisitions during his tenure).
Mark oversaw CheckFree’s growth from a pre-revenue start-up to a public corporation with over $1 billion in annual revenue. CheckFree had an IPO in 1995 and was later sold to Fiserv (NASDAQ:FISV) in 2007 for $4.4 billion in cash. In 2000, Mr. Johnson left his position as Vice Chairman of Corporate Development and Marketing to form e-RM Ventures, a private investing consultancy focused on early-stage, payments-related companies. He continued to work with CheckFree executive management on strategic issues through his Board of Director position and returned to CheckFree as Vice Chairman in February 2003. Prior to joining CheckFree Corporation, Mr. Johnson worked for the Federal Reserve Bank and Bank One.
For TTV Capital, Mark is currently on the Board of Directors of Cardlytics, DefenseStorm, Onward, Micronotes, Monit, Payrailz, SmartAsset, and Springbot.