TLDR:
- Create Health Ventures has launched a $21 million fund to back digital health startups.
- The fund primarily focuses on B2B healthcare startups with founders who have experience in the industry.
A new venture capital firm, Create Health Ventures, has emerged in Austin with the aim to back B2B healthcare startups. The firm, co-founded by Emma Cartmell and Amit Aysola, has closed its initial $21 million fund with investments from health care executives and strategic investors. The founders are looking for founders who have had careers in health care and can tackle industry problems with innovative solutions. Create Health Ventures plans to make roughly a dozen investments with a focus on business-to-business solutions that can improve patient engagement and recruitment for clinical trials. The firm has already invested in five startups and has a network to support its portfolio companies in the health care market. With a background in healthcare and investment, the co-founders aim to support startups that understand and can address the complexities of the industry.
