VamosVentures is a venture capital fund that invests in Latinx and diverse founders leading early-stage tech-enabled companies in the United States across Health + Wellness, Future of Work, FinTech, and Sustainability.  VamosVentures seeks to generate financial returns and deliver meaningful impact through wealth creation, social mobility, and creative solutions. The fund will lead, co-lead, or participate in funding rounds.

VamosVentures

Seed firm with ~$140m AUM across two funds. Leading pre-Seed & Seed rounds across the US. We invest U$500k-U$2.5m in companies raising U$500k-U$5m.

ANIMO Ventures

Virtue is a venture capital firm that invests in pre-seed & seed healthcare founders.

Virtue

They aim to support and nourish passionate entrepreneurs and inspiring brands that will make the daily lives of people healthier, happier, and more enlightened. They’re guided by their own experiences as entrepreneurs, and  they view all of their investments as partnerships—working with the founders to reach their unique goals. As individual investors, they are open to different paths to growth and exit strategies, and this flexibility is central to the promise they make their brands: they’re here to help you win big.

Able Partners

Necessary Ventures focuses on investing in what the world needs. They work with the founders to build the most scalable solutions.

Necessary Ventures

Zócalo Health

Zócalo Health is a family medicine service that provides bilingual and culturally relevant health care, resources, and education. They offer prevention, primary care, behavioural health, and traditional practices. It offers convenient, transparent, and culturally-aligned care to its members.

Zocalo Health is a direct primary care provider focused directly on providing healthcare services to the Latino community in the US. It adopts a holistic approach by facilitating the social, mental, and physical well-being of its members. The company was founded in 2021 by Erik Cardenas and Mariza Hardin, who were ex-employees at Amazon Care.

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

Zocalo Health

Zócalo Health hires emergency medicine doctor as chief medical officer

Zocalo Health is a direct primary care provider focused directly on providing healthcare services to the Latino community in the US. It adopts a holistic approach by facilitating the social, mental, and physical well-being of its members. The company was founded in 2021 by Erik Cardenas and Mariza Hardin, who were ex-employees at Amazon Care.Seattle-based Zocalo was co-founded in 2021 by CEO Erik Cardenas and Mariza Hardin, Head of Strategy and Operations, who were early hires at Amazon Care, Amazon’s hybrid of virtual and in-home services that was to shut down by the end of 2022.Members are provided with 12 consultation visits per year, including virtual appointments and access to a care team consisting of physicians, nurses, mental health clinicians, and a community health worker. In addition to providing primary care for common medical issues, the company offers wellness programs on mental health, sleep, nutrition and exercise, stress management, and chronic disease management.The company operates a B2C business model by providing annual memberships for individuals priced at USD 40 per month. As of October 2022, the company was offering its virtual service in California and Texas and had plans to expand to other states and set up physical clinics.Funding and financialsThe company raised USD 5 million in seed funding in September 2022, amounting to USD 5 million in a seed funding round led by Animo, Virtue, and Vamos Ventures, along with participation from individuals, including Cityblock Health’s CEO and other venture capitalists. The new funds were allocated toward launching its virtual care service.

Cardiomo Care is developing noninvasive wearable devices to alert users and caretakers when there are abnormalities in the heartbeat. The company’s AI engine, trained on existing and growing data sets, can predict potential heart issues up to two hours before they occur, enabling early detection and intervention for arrhythmias and other cardiovascular diseases (CVDs).The company's product, CardiomoPatch, is a waterproof, wearable patch capable of long-term wear with a 10-day battery life. The patch monitors a patient's cardiac data, including ECG outputs, breathing, and skin temperature, and transmits the data via a mobile app for analysis by Cardiomo's AI engine.&nbsp;As of May 2024, the company is yet to commercialize its product and has over 1,600 pre-orders.

Cardiomo Care

Omada is a prevention-focused digital therapeutics startup that helps members achieve health goals through lifestyle changes. It offers four evidence-based, virtual prevention programs for managing hypertension, musculoskeletal (MSK) issues, prediabetes, and diabetes.Omada offers real-time data tracking through connected devices (such as wireless scales, blood pressure, and glucose monitors) and access to personalized coaching sessions via a mobile app as part of its prevention program. It also provides an online community of peers with similar health conditions to discuss challenges and provide support. In May 2021, Omada became the first fully-virtual healthcare provider to earn the National Committee for Quality Assurance’s Population Health Program Accreditation for its type 2 diabetes and type 2 diabetes + hypertension programs.Unlike its peers, Omada operates a performance-based business model where it charges clients an enrollment fee based on the number of users and a performance fee based on how much weight their employees lose. In May 2020, the company acquired virtual physical therapy startup Physera.Key customers and partnershipsAs of May 2024, Omada had more than 1 million members from more than 1,900 enterprise clients across all 50 US states. Its B2B employer and health plan client base include key clients such as American Eagle, Kaiser Permanente, Costco Wholesale, 3M, and Marvin. Additionally, the company has partnered with health systems and hospitals such as Intermountain Healthcare to provide its preventive programs as a covered benefit.In <a href="https://sp-edge.com/updates/15587">January 2023</a>, the company partnered with health service company Castell (a subsidiary of Intermountain Healthcare) to provide its diabetes programs to members from Intermountain Healthcare’s primary care providers in its Utah Medical Group. Further in <a href="https://sp-edge.com/updates/25245">January 2024</a>, the company partnered with Amazon to expand access to its cardiometabolic program.

Omada Health

VillageMD provides primary care services for patients. It also provides tools, technology, and staffing support needed for physicians to deliver high-quality services. VillageMD’s service delivery methods include traditional freestanding clinics, Village Medical at Walgreens co-located clinics, as well as at-home and around-the-clock virtual visits. It also leverages a team-based approach to care where physicians lead nurse practitioners, pharmacists, mental health specialists, and dietitians to offer a holistic care program. The technology of VillageMD includes docOS, an operating system that enables better patient care by connecting various clinical source systems with ongoing patient-generated data coupled with an AI engine to continuously analyze messages to enable patient self-care.The company made several acquisitions to expand its footprint: 1) <a href="https://sp-edge.com/updates/14347">Summit Health</a> for USD 8.9 billion in November 2022, 2) Healthy Interactions, an interactive patient education platform, in February 2022, and 3) <a href="https://sp-edge.com/updates/16968">Starling Physicians</a>, a primary care and specialty care provider, in March 2023.Key customers and partnershipsIn June 2020, VillageMD and Walgreens Boots Alliance announced a collaborative effort to open at least 600 Village Medical centers at Walgreens across more than 30 US markets by 2025. Walgreens invested USD 5.2 billion in VillageMD (from the previously announced USD 1.0 billion), raising its ownership stake to 63% (from 30%).However, as of May 2024, Walgreens had plans to close 160 VillageMD clinics as part of a cost-cutting plan.

VillageMD

Cityblock Health is a value-based healthcare provider focused on delivering comprehensive care to underserved communities, primarily Medicaid and lower-income Medicare beneficiaries. The company combines primary care, behavioral health, and social services to address the complex physical, mental, and social needs of its members.Cityblock's model involves partnering with local community-based organizations and deploying multidisciplinary care teams that include doctors, nurses, behavioral health specialists, and community health workers. These teams provide personalized care through 24/7 access to multi-modal care delivery, including in-home visits, telehealth, and community health hubs.The services of Cityblock are available to members at no additional cost if they are covered by an eligible health plan.Key Customers and PartnershipsAs of May 2024, the company’s services were available in seven states across the US and served over 100,000 members.In May 2024, it partnered with <a href="https://sp-edge.com/updates/29647">Sunshine Health</a> to expand to Florida, and, in <a href="https://sp-edge.com/updates/13270">September 2022</a>, it partnered with MDwise to expand into Indiana. Prior to that, the company had partnered with insurance providers such as ConnectiCare (Connecticut), Tufts Health Plan (Massachusetts), Emblem Health (New York), Healthy Blue (North Carolina), Molina Healthcare (Ohio) and CareFirst (Washington DC).Funding and FinancialsCityblock is a spin-off of Sidewalk Labs, an Alphabet company that incubates and invests in tech companies and products to improve urban infrastructure. It completed a USD 400 million Series D funding round led by Softbank in <a href="https://sp-edge.com/updates/5326">September 2021</a>, valuing the company at USD 5.7 billion. The funds were used to expand its services.

Cityblock Health

Everside Health (formerly Paladina Health) offers preventative care for chronic conditions and primary, mental and occupational healthcare treatments for acute conditions. Patients benefit from around-the-clock access to care, same-day or next-day appointments for in-person, and virtual care visits with zero copays.Everside aims to generate around 17% healthcare cost savings in three years and 31% in five years for its corporate members by leveraging a data-driven approach to care coordination.The company leverages data from past medical records, predictive analytics, and AI in the delivery of preventative care services.Founded in 2010 under the name Paladina Health, the company was rebranded in November 2020 as Everside Health following a merger between three primary care groups (Paladina, Activate Healthcare, and Healthstat). Furthermore, in February 2024, Everside Health merged with primary care provider Marathon Health to form a combined entity that would operate as Marathon Health, and, as of May 2024, the integration was ongoing.Key customers and partnershipPost-merger with Marathon Health, the combined entity would serve 2.5 million patients through over 680 clinics across 41 states.Funding and financialsThe company received its most recent investment in July 2022, amounting to USD 164 million in growth equity funding. The round was led by New Enterprise Associates (NEA). The funds were allocated toward growing its market presence and exploring opportunities for M&amp;A as well as to enhance and improve its product features. Additionally, the firm planned to expand its coverage of specialty care services aimed at individuals, employers, and union organizations.

Everside Health

Platforms offer a subscription-based or B2B-sponsored, evidence-based program for managing a specific long-term health condition.

DPCs offer value-based primary and preventive care services addressing whole-person (social, mental, physical) needs for a fixed monthly or annual fee paid by either the patient, insurance provider, or employer.

Companies offer B2B and D2C evidence-based treatments delivered via software programs to prevent and manage a variety of chronic conditions.

Tools that collect and analyze real-time patient data that supports healthcare providers with clinical decisions,  improves patient outcomes, and reduces medical errors.

Companies offer independent physician practices and hospitals with the tools (patient engagement, care coordination, administrative services) to help manage and improve clinical health outcomes of a defined group of individuals or large populations.

Platforms are used to track and gather patient health-related information via either a connected device or at-home test kits to detect the early onset of disease and identify any abnormalities in readings—but do not include a treatment plan.

To gather large amounts of real-time data for chronic care management, DTx, and patient monitoring

XR used by some startups for chronic pain management

Offers digital means of providing direct primary care, passive remote monitoring, chronic care management, etc.

AI/ML is used in predictive analytics, diagnostics tools, and population management

Offers tailored preventive interventions and treatments to the specific needs and characteristics of each individual

<div>
 Zocalo Health, a direct primary care provider, gathered a total of 5 million USD as seed funding from Animo, Virtue, and Vamos Ventures. Participating venture capitalists, including the CEO of Cityblock Health, also contributed to the funding.
 Zocalo Health aims to utilize these funds to launch a virtual care service specifically for Latino patients in California, Texas, and Washington within the coming year. While currently operating its service in a beta-testing stage in California, the company has expansion plans which include venturing into other states and establishing physical clinics.
 The company's vision is to support the Latino community in the US by offering monthly and annual memberships for healthcare services. With a subscription in place, patients gain access to a comprehensive care team of physicians, nurses, mental health clinicians, and a community health worker. The service also ensures virtual appointments either the same day or the next, along with comprehensive care coordination.
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Zocalo Health

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