TLDR:
Nurse Capital closes debut $1M fund to invest in nurse-led startups, focusing on innovative healthcare solutions.
Article Summary:
Nurse Capital, a venture capital firm, has announced the close of its inaugural $1M Fund called the Nurse Founders Fund. This fund will invest in Late Seed and Series A rounds of startups founded and led by Registered Nurses (RNs) who are creating innovative products and services to improve patient health, wellness, safety, and treatment approaches. Co-founders Marla J. Weston, PhD, RN, and Beth A. Brooks, PhD, RN, launched Nurse Capital to disrupt the nursing care ecosystem and empower nurse entrepreneurs to bring their ideas into reality.
The Nurse Founders Fund will focus on investing in healthcare devices, technology platforms, enterprise software solutions, patient education, and well-being products and services. Weston and Brooks, with over 50 years of combined experience in executive leadership roles, aim to fill the funding gap for nurse-led startups looking for Late Seed and Series A funding.
Nurse Capital’s fund is unique in that it requires the top leader (Founder/CEO) of the businesses they invest in to be an RN. While the fund does not have a specific gender focus, it addresses the underrepresentation of women in venture capital investments. With the expertise and financial resources of their team of investors, Nurse Capital aims to support nurse entrepreneurs with professional guidance, introductions to market leaders, and potential customers.
Weston and Brooks hope to break stereotypes about nurses, showcasing their skills to innovate and run businesses successfully. By investing in nurse-led startups, Nurse Capital joins the growing ecosystem of women-led venture capital funds that aim to accelerate more investments in tech-empowered startups founded and led by women and underrepresented founders.
