Define Ventures, a San Francisco, CA-based venture capital firm that focuses exclusively on early-stage digital-health startups, closed Fund III and Opportunities Fund, that together total $460m.
This newest fundraise brings the total assets under management to approximately $800m.
Led by Lynne Chou O’Keefe, founder and managing partner, Define Ventures invests in incubation, seed, series A and series B stage startups.
The two new funds include Fund III, which will support new early-stage investments, and Opportunities Fund, which will support its existing partner companies in their growth trajectories. Define Ventures’ investment strategy centers on partnering with startups that are serving multiple ecosystem partners, such as consumers, payers, providers, employers and life-sciences companies.
The firm has a network of payers, providers, employers, retailers, and life-science companies who can help entrepreneurs build sustainable businesses, as well as relationships with influential strategic advisors that span the healthcare, consumer and technology ecosystems that provide experience in creating and scaling industry-shaping companies.
Define has incubated or partnered with many of the leading digital-health companies, including Hims & Hers, Unite Us, Folx Health, and Cohere Health, and has experience building industry leaders like Livongo.
FinSMEs
18/04/2023