# David Spencer

> David A. Spencer is the co-founder and CEO of Prytime Medical Devices, Inc., based in Boerne, Texas. An electrical engineering graduate of the University of Texas at Austin, he founded OnBoard Software, sold it to MTC Technologies in 2005 for $34 million, and went on to seed-stage investing, banking and civic work. With Jennifer Spencer, he has supported UTSA engineering and student life, including a distinguished engineering chair established in 2007.

- **Role:** Co-founder and Chief Executive Officer at Prytime Medical Devices, Inc.
- **Organizations:** Prytime Medical Devices, Inc., OnBoard Software, Inc., Mandelbrot Ventures, Texas Intrepid Ventures, The Bank of San Antonio, Texas Emerging Technology Fund Advisory Committee, Comal Independent School District Board of Trustees, University of Texas at San Antonio Development Board, San Antonio Technology Accelerator Initiative
- **Education:** B.S. in Electrical Engineering, University of Texas at Austin
- **Known for:** Founded and sold OnBoard Software in a $34 million transaction., Inaugural chair of the advisory committee for the $200 million Texas Emerging Technology Fund., Co-founded The Bank of San Antonio in 2007.

## Career timeline

- **1990** — Formed his first technology company.
- **1996** — Founded OnBoard Software; Jennifer Spencer served as vice president and treasurer.
- **2005** — Sold OnBoard Software to MTC Technologies in a $34 million transaction and subsequently formed Mandelbrot Ventures.
- **2005** — Appointed inaugural chair of the Texas Emerging Technology Fund Advisory Committee.
- **2006–2014** — Served as an elected Comal ISD trustee.
- **2007** — Helped found The Bank of San Antonio; with Jennifer, established the UTSA distinguished engineering chair.
- **2008** — Founded Texas Intrepid Ventures.
- **2011** — Co-founded Prytime with Christopher Banas.
- **2013** — Featured speaker at Startup Grind San Antonio on May 28.
- **2018** — Received the UTSA Alumni Association Distinguished Service Award.
- **2020** — With Jennifer, contributed $250,000 toward the Roadrunner Athletics Center of Excellence.

## Achievements

- Founded and sold OnBoard Software in a $34 million transaction.
- Inaugural chair of the advisory committee for the $200 million Texas Emerging Technology Fund.
- Co-founded The Bank of San Antonio in 2007.
- With Jennifer Spencer, established a $1 million engineering-chair endowment at UTSA in 2007.
- Recipient of the 2018 UTSA Alumni Association Distinguished Service Award.

## Latest updates

- **2024-11** — UTSA profiled David and Jennifer’s university support and reported that four of Prytime’s 35 employees were UTSA graduates, alongside internships for current students.

## Links

- Website: https://prytimemedical.com/
- LinkedIn: https://www.linkedin.com/in/david-spencer-6732b740

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Profile page: https://yespress.io/david-spencer
Published by YesPress — https://yespress.io
Last updated: 2026-10-23