TLDR:
- Create Health Ventures has launched with a $21 million fund to invest in early-stage digital health companies.
- The firm will focus on funding startups offering B2B platforms for payers and pharmaceutical companies to improve patient engagement and care journey.
Create Health Ventures, a new venture firm, has announced the launch of its first fund totaling $21 million, dedicated to investing in early-stage digital health companies. The firm will prioritize funding startups with founders who have backgrounds in the healthcare industry, particularly those offering B2B platforms focused on payers and pharmaceutical companies. These platforms aim to enhance patient engagement and improve the patient care journey, including aspects like clinical trial recruitment and retention.
The cofounder and managing partner of Create Health Ventures, Emma Cartmell, expressed that the firm aims to support founders who understand the challenges in healthcare and can leverage technology to address them effectively. This investment approach is believed to positively impact the healthcare industry by elevating patient experience, improving health outcomes, and enhancing access to care for all individuals, especially those facing health disparities.
Other venture firms in the digital health space, such as Amboy Street Ventures and 62 Ventures, have also emerged recently to focus on funding healthcare startups with specific areas of interest. Overall, the investment landscape in digital health continues to evolve, with a growing emphasis on supporting innovative solutions that can bring about significant improvements in the healthcare industry.
