Michael Russell

Michael Russell is a successful serial entrepreneur and the Co-Founder and CEO of Monument, an online platform for alcohol addiction treatment.12 Here are some key details about his background and achievements:

Career Highlights

Serial Entrepreneur:: Over the past decade, Russell has founded and successfully exited four companies, generating over $1 billion in value.12 His ventures include:

• Monument (current): An online alcohol addiction treatment platform
• Zipdrug: A prescription delivery service for Medicare advantage members (exited to IngenioRx in 2020)
• Paintzen: An online marketplace for paint and painting services (acquired by PPG Industries in 2018)
• MyClean: An online booking platform for cleaning services (exited in 2021)
• Bombas: A premium basics brand known for its "buy one, give one" model (had a secondary exit in 2021)

Current Focus:: As the CEO of Monument, Russell is working to address Alcohol Use Disorder through online, medication-assisted treatment. The platform is accessible to over 200 million people through insurance and supported by 250 licensed providers across 22 states.12

Background

• Education: Studied Business, Marketing, and International Studies at Indiana University's Kelley School of Business1
• Early Career: Started in banking in New York before transitioning to entrepreneurship1
• Side Gig: Initially supplemented his income through nightclub promotions, which eventually outpaced his banking salary3

Personal

Russell has faced personal challenges, including battling cancer, which has influenced his perspective on life and business.3 He is also known for his interests outside of work, including being a dad, fisherman, and card collector.4

Michael Russell's entrepreneurial journey and current focus on addressing Alcohol Use Disorder through Monument demonstrate his ability to identify market opportunities and create innovative solutions across various industries.