It has been a time of unparalleled change in ways that we could have never predicted. We have seen our healthcare system shine through the heart, bravery, and selflessness of our healthcare workers. However, we have also seen how the healthcare system can improve in understanding where care is needed, delivering care via multiple modalities, and patient centricity. We believe digital health is now moving from an evolutionary to a revolutionary pace. At Define Ventures, we believe that this revolution creates unprecedented opportunity.
We are announcing today that we have raised Define Ventures Fund II. Define Ventures Fund II is a $200MM early stage venture capital fund focused on partnering with digital health startups to redefine the healthcare system. We are partnering with incubation, Seed, Series A, and Series B startups to drive innovation within the healthcare system to create fundamental change. We do this via our core values:
We live in the intersections of healthcare, consumer and technology trends. With this unique perspective, we have been honored to partner with category defining companies in our careers from Livongo to HIMS. We understand how to build fast growing, meaningful B2B2C and B2C businesses that reflect a new era of healthcare innovation.
We believe that the partnerships with our entrepreneurs are at the core of Define Ventures. We love to build – it is that simple. We believe capital is everywhere, but true knowledgeable partnership is scarce in changing healthcare. Every conversation, every thought, every action is focused on how we build value for our partner companies. Our entrepreneurs speak for themselves:
"From the day Define joined our cap table, they’ve done nothing but drive shareholder value in a step function manner over and over again"- Andrew Dudum, Co-Founder and CEO of HIMS
"Building a company is one of the hardest things you will ever do. And at the end of it you need someone who will have your back, tell you the things you need to hear and push as hard as you do. That is what Define brings everyday, without fail. You can trust them. That means everything."- AG Breitenstein, Founder and CEO of Folx Health
We believe leadership is defined by clarity of vision, collaboration, unrelenting operating attitude, and guided by a principled approach. We also want to support this vision by building and growing the digital health community. To that end, we have conducted over 11 digital health forums over the past couple years with Zane Burke, Dan Burton, Andrew Dudum, James Park, AG Breitenstein, TJ Parker, and Atul Gawande as our honored speakers. We believe by sharing learnings and collaborating that we will further the impact of digital health in healthcare.
We live in an unprecedented time with unprecedented opportunity. This is the time and we are ready to redefine healthcare. We look forward to partnering with you on the journey …