Canaan is an early stage venture capital firm that invests in entrepreneurs with visionary ideas. With $5B under management, a diversified fund and over 190 exits to date, Canaan has invested in some of the world's leading technology and healthcare companies over the past 30 years. Canaan’s focus areas include fintech, enterprise/cloud, marketplaces, frontier tech, biopharma, digital health, and medtech.

Canaan Partners

Compound is a venture capital firm that invests in bleeding-edge technology built by outliers. They have partnered with elite operators that understand the intricacies of many different industries and various components of businesses, that help them navigate the complex systems in which each startup lives by removing roadblocks and compounding growth. Compound is based in New York City.

Compound

Homebrew is a hands-on, founder-friendly seed-stage fund created by Hunter Walk and Satya Patel to invest in the ''bottom-up economy.'' Homebrew has adopted the Diversity Term Sheet Rider.

Homebrew

Combine

Torch Capital is an early-stage fund investing in the next generation of industry-changing, mission-driven companies, and platforms. It is focused on digital, scalable platforms seeking to improve accessibility, experience, value, and connectivity for consumers.

Torch Capital

Define Ventures is an early-stage venture capital firm solely focused on investing in digital health companies. They partner with entrepreneurs with the digital health focus and expertise that they deserve to redefine healthcare.

Define Ventures

Arkitekt Ventures is an early stage venture fund, with a mission to improve and advance human health. We specialize in backing founders working on disruptive models of healthcare delivery, digital health platforms and applications of frontier technologies such as neurotech, bio-engineering, quantum & AI to medicine.

Arkitekt Ventures

Human Ventures is a fund and partner in New York City. They possess their own perspective on evaluating companies due to their experience in building businesses themselves. Consequently, Human Ventures focuses on supporting founders who are establishing category-defining companies in the pre-seed and seed stages. In terms of their investment focus, they concentrate on the Human Needs Economy, which encompasses areas such as health and wellness, the future of work and finance, the attention economy, and human connection through experiences.

Human Ventures

ACME Capital is a venture capital and private equity firm that invests in breakthrough technologies that fuel platform shifts and disruptive business models that capitalize on new platforms. Its purpose is to support those founders who choose to take their capital.  The firm was founded in 2018 and headquartered in San Francisco, California.

ACME Capital

Threshold is an early-stage venture capital firm that focuses on a high-conviction investment strategy. The firm partners with entrepreneurs to build innovative consumer, enterprise, and healthcare technology companies.

Threshold

Lone Pine Capital is an investment adviser that invests in equities and equity-related securities. It focuses on developing an investment platform that distils global, cross-sector idiosyncratic, and thematic research into concentrated portfolios in public or private markets. Stephen Mandel Jr., the low-key president and founder of Greenwich, Connecticutâ€“based Lone Pine Capital, returns a paltry 166 hits. Buying Google shares, however, has generated huge returns for many hedge fund managers, including Mandel.

Lone Pine Capital

GingerBread Capital invests in the next generation of women founders and entrepreneurs leading high-growth businesses It helps women-led businesses gain access to the knowledge, networks, and capital they need to build and scale successful enterprises, and it encourages other women to do the same. Based in Menlo Park, California, GingerBread Capital was founded in 2017 by Linnea Roberts.

GingerBread Capital

The Helm is a generalist seed-stage fund investing in companies with at least one female founder. We are investing in founders who take a broad view of the needs of the world, and are using technology to create novel, enduring solutions to difficult problems.

The Helm

Seae Ventures is a venture fund designed to maximize financial returns by investing in entrepreneurs who deliver superior value. It is dedicated to building and investing in early-stage healthcare technology and services companies

Seae Ventures

At Tia, they believe that the healthcare system was not built with women in mind. Today, considering that women control 80% of healthcare dollars in the U.S., Tia is seizing the opportunity to build a new, distinctly female model of care both digitally and physically. Tia is backed by healthcare and consumer funds, including Torch Capital, Define Ventures, Homebrew, Threshold Ventures, and Acme Ventures.

<div>Tia, based in New York, provides patient-centered care that encompasses primary care, mental health, gynecology, and wellness (acupuncture). While the majority of Tia's care is virtual (60%), patients can still schedule in-person visits with healthcare providers when necessary across 4 locations as of March 2023. Patients can access Tia's services by subscribing on a monthly or yearly basis. Members can book appointments instantly using Tia's mobile app and have on-demand access to Tia's care team. Additionally, Tia partners with healthcare providers to offer specialty services like obstetrical care and cardiology.</div>

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

Preventive Healthcare

<div>
 
 Tia, based in New York, provides patient-centered care that encompasses primary care, mental health, gynecology, and wellness (acupuncture). While the majority of Tia's care is virtual (60%), patients can still schedule in-person visits with healthcare providers when necessary across 4 locations as of March 2023. Patients can access Tia's services by subscribing on a monthly or yearly basis. Members can book appointments instantly using Tia's mobile app and have on-demand access to Tia's care team. Additionally, Tia partners with healthcare providers to offer specialty services like obstetrical care and cardiology.
 
 
 Tia operates a D2C business model and B2B2C operation available to members via their health plans. In January 2023, it inked its largest health system partnership to date with Cedars-Sinai, which marks the third health system partnership for Tia. The company also has a partnership with CommonSpirit Health, which operates 137 hospitals and more than 1,000 clinics, to launch Tia-branded women's health clinics. 
 
 
 The company completed a USD 100 million Series B funding round in September 2021 led by Lone Pine Capital and the funds will be used to scale its in-person care and virtual care operations to more than 100,000 members by 2023 with plans to expand into San Francisco by the end of 2021.
 
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 Cardiomo Care offers noninvasive wearable devices to alert users and caretakers when there are abnormalities in the heartbeat. The device can also conduct real-time wireless ECGs, track skin temperature, and detect falls. It also leverages AI to predict potential heart problems using cardiac signals.
 
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Cardiomo Care

Omada is a prevention-focused digital therapeutics startup that helps members achieve health goals through lifestyle changes. It offers five evidence-based, virtual prevention programs for managing hypertension, behavioral health, musculoskeletal (MSK) issues, obesity and prediabetes, and diabetes.&nbsp;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.&nbsp; By February 2022, Omada had more than 550,000 members from more than 1,700 enterprise clients across all 50 US states.&nbsp;Key Customers and PartnershipsIts 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.&nbsp;In May 2020, the company purchased virtual physical therapy startup Physera.&nbsp;Funding and FinancialsIn <a href="https://sp-edge.com/updates/8703">February 2022</a>, Omada concluded a USD 192 million Series E funding round to hire more employees, further expand its offerings, as well as to invest in its Omada Insights Lab, which uses health data for better chronic care delivery.

Omada Health

<div>
 
 VillageMD is a provider of primary care services for patients. It also provides tools, technology, and staffing support needed for physicians to deliver high-quality services. VillageMD&rsquo;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 carried out two major acquisitions in 2022, including the acquisition of chronic care management company Healthy Interactions, healthcare provider Summit Health. Summit Health&rsquo;s USD 8.9 billion acquisition will allow the combined company to offer care services in more than 680 provider locations in 26 markets. VillageMD&rsquo;s latest acquisition, primary care and specialty care provider 
 <a href="https://sp-edge.com/updates/16968">
 Starling Physicians
 </a>
 , took place in March 2023.&nbsp; Following the acquisition, VillageMD operates more than 700 primary care provider locations.
 
 
 Key customers and partnerships
 
 
 In June 2020, VillageMD and Walgreens 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%). More than half of these practices will be opened in medically underserved communities. As of November 2022, Walgreens and VillageMD operated 150 co-located clinics, and plan to increase this to 200 by the end of 2022.&nbsp;
 
 
 Fundings and Financials
 
 
 In July 2020, the company raised USD 275 million in a corporate round from Kinnevik AB and Walgreens Boots Alliance. VillageMD remains a standalone company and it plans to conduct an initial public offering in 2022. It achieved a revenue of USD 1.3 billion by the end of 2021, increasing from USD 217 million in 2017.
 
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VillageMD

<div>
 
 Cityblock is a tech-driven primary healthcare provider predominantly targeting less privileged communities (for Medicaid and lower-income Medicare beneficiaries). It offers personalized, around-the-clock primary care and behavioral care in partnership with health insurers and community-based organizations to bring care closer to people in underserved communities.
 
 
 Cityblock&rsquo;s care delivery platform, &ldquo;Commons,&rdquo; connects patients with community health providers and leverages data from various sources such as electronic health records, insurance claims, health information exchanges, pharmacies, and through interactions with the platform for decision support in delivering care. The platform enables care providers to communicate and monitor a patient's progress via its virtual healthcare model.&nbsp;
 
 
 The services of Cityblock are available to members at no additional cost if they are covered by an eligible health plan. As of March 2021, Cityblock catered to more than 70,000 patients. As of August 2021, the company was available in five states on the East Coast.
 
 
 Key Customers and Partnerships
 
 
 In September 2022, Cityblock Health partnered with Indiana-based healthcare company MDwise to open care clinics for its members. 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).&nbsp;
 
 
 Funding and Financials
 
 
 Cityblock 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 September 2021, valuing the company at USD 5.7 billion. The company plans to enhance accessibility to its services, increase its membership base, and expand its geographical presence to North Carolina and Ohio with the funds raised.
 
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Cityblock Health

<div>
 
 Everside Health Group (formerly known as 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. Focusing mainly on the B2B segment, 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 charges a per-member-per-month fee from its enterprise clients, which includes self-insured employers and labor unions. 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). Everside filed its prospectus with the US Securities and Exchange Commission in July 2021 for its initial public offering (IPO). As of July 2022, the company is yet to be listed on the New York Stock Exchange under the ticker “EVSD.” 
 
 
 Funding and financials
 
 
 The company reported a revenue of USD 113 million in 2020, up 40% YoY, while net loss for the year improved to USD 2.9 million from USD 19.6 million in 2019. The DPC operates more than 375 clinics across 34 states and has served hundreds of thousands patients as of July 2022.
 
 
 The 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 towards  growing its market presence and exploring opportunities for M&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.
 
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Everside Health

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

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.

Tia

Preventive Healthcare

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Tia launches Groups and Coaching under mental health offering

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