Kat Weaver

Create Health Ventures Launches Inaugural $21M Fund for Early-Stage Digital Health Startups  Create Health Ventures, a venture capital firm focused on early-stage digital health companies, has closed its debut fund, raising $21 million, surpassing its initial target. Launched in 2024, Create Health Ventures is based in Austin, TX, and Chicago, IL. The firm focuses on technologies that enhance healthcare access, improve patient experiences, and deliver value across payers, providers, and pharmaceutical companies. *Its primary focus includes:   1. Payer-Facing Technologies: Solutions that improve member experiences, enable seamless data and workflow integration, and scale technology across geographies.   2. Clinical Trial Enablement: Tools to help pharmaceutical companies recruit and retain participants for late-stage clinical trials as demand increases. *Founders and Approach:   Create Health Ventures was co-founded by Emma Cartmell and Amit Aysola, healthcare veterans with over 45 years of combined experience. They bring operational expertise, regulatory insight, and an extensive network to portfolio companies. The firm exclusively invests in startups led by healthcare industry founders, leveraging its unique value-added platform for scaling businesses.  *The platform includes: - Business development support   - Access to executive coaches   - Connections to healthcare leaders   - Cross-selling opportunities among portfolio companies  *Key Quotes by GPs:  - Emma Cartmell: “Founders from the healthcare industry understand the challenges and opportunities to improve patient outcomes. Supporting them is the most impactful way we can positively transform healthcare.”   - Amit Aysola: “Payers and pharmaceutical companies are driving demand for connected, scalable solutions, and we are investing in companies to meet these needs.”  *Investments and Impact:  The firm has made five investments so far and partners with foundations, impact investors, and strategic healthcare veterans to mentor portfolio companies.  *Portfolio CEO Feedback:   - Dr. Chip Grant (Watershed Health): “Create Health Ventures has been invaluable in scaling operations and fundraising.”   - Shara Cohen (Carallel): “They are the most collaborative and active investor team I’ve worked with.”   - Neil Batlivala (Pair Team): “They’ve helped us manage growth and reach underserved communities.” If you are experiencing difficulties in raising fresh capital and would require warm introductions to new LPs, contact G+QUANT     ▶ Please use G+QUANT's link for inquiries and fund decks, or send your inquiry directly to [email protected] #VentureCapital #DigitalHealth #HealthcareInnovation #Startups #ClinicalTrials #PatientCare #HealthTech #HealthEquity #CreateHealthVentures

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🚀 Healthcare investing: Not for the faint of heart, but for the visionaries who dare to change the world! 💡 Why it's unique: 🔄 Pivoting isn't just costly—it's potentially catastrophic 📊 Metrics as complex and sub-sector specific 🌐 A delicate ecosystem of stakeholders tugging in different directions 😃 But get it right, and you might just revolutionize healthcare while reaping substantial returns. 💰🏥

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🧬 This week's Austin Bio & Health Roundup highlights new funding, intriguing data, and major commercial & scientific milestones 🧬 💰 Funding Hello Patient, building Gen-AI phone agents for healthcare providers, came out of stealth with a $6.3M seed raise. Congrats Alex Cohen! And it’s Austin funding Austin, with 8VC a key part of the round. Aspira Women's Health, focused on non-invasive AI-powered diagnostics, was awarded a $10M grant from ARPA-H to advance their blood test for endometriosis. Well done, Nicole Sandford, Sandy Milligan, MD JD & team. Maxwell Biosciences, a synthetic small molecule drug platform, received ~$3M from the Medical Technology Enterprise Consortium (MTEC) to find assets that will prevent wound infection on the battlefield. Fantastic work, Joshua McClure & team. Reminder: I don’t cover SEC filings. When the builders themselves announce, I’ll shout it from the rooftops! 📊 Data Clutch VC released its Texas Seed Funding Update (YTD Q3): YTD 387 seed rounds raised for a total $636M. Though deal counts are down QoQ, capital invested has trended upward, making this the highest quarter since Q1 2023. Health was the second largest sector with 27% of all capital raised so far this year, up from 16% during the same time frame last year. Great data & insights Rajiv Bala, Steve Coffey, and Caitlin McHugh. 🤝 M&A and Partnerships Lumos Pharma entered a merger agreement with Double Point Ventures, going private at a $38M valuation. 🚀 Launches, Expansions, Milestones, and Wins Oracle Health announced updates to its Data Intelligence platform, with enhancements to Clinical, Analytics, and Care Coordination products. 🤠 Texas Bio Triangle Houston-based Coya Therapeutics, Inc. shared positive results from a double-blind study of low-dose interleukin-2 (LD-IL-2) in Alzheimer’s, showing the therapy is safe and well tolerated with promising trends toward cognitive improvement. Amazing Howard Berman, PhD, Arun Swaminathan, and the rest of the team. Dallas-based Stone Mountain Ventures closed a $5M Fund II focused on health & AI. Fund I included Austin Bio & Health startups Legion Health and MDisrupt. Congratulations, John Diaz and keep looking at Austin for new opportunities! Quick Note: Some items this week actually happened last week, apologies if I missed them! Please tag or message me for future announcements so I can make sure to include them. What’s Next?

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The entrepreneurial journey is one of grit, passion, and unwavering belief. I'm truly excited about what Raj Shekhar Singh, Jyotika Gupta , and Sudarshan Ravi Jha are building with z21 Ventures. Their vision resonates deeply with me. As a founder, I know firsthand the rollercoaster of highs and lows that come with building something from the ground up. It's a path that tests you in ways you never imagined, but it's also incredibly rewarding. We've been fortunate to have exceptional investors like Sumir Chadha and WestBridge Capital in our corner. Their support went beyond just capital - they've stood by us through our triumphs and, more importantly, our setbacks. That kind of belief in your vision is invaluable. I'm hopeful and confident that Raj, Jyotika, and Sudarshan will create similar transformative experiences for a new generation of purposeful founders. They understand that true innovation often comes from those daring to challenge the status quo, those driven by a desire to make a real impact. To all the founders out there: Your journey may be hard, but it's worth it. Stay true to your purpose, embrace the challenges, and remember that your ideas have the power to make meaningful change in the world. With supporters like z21 Ventures backing you, there's no limit to what you can achieve. Let's build a future where innovation thrives and where purposeful entrepreneurship creates lasting positive change. The road ahead may be tough, but with determination and the right support, anything is possible.

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Morrison Foerster is hosting Pitch Day Austin on 10/22. This is your chance to pitch to top VC investors & receive expert coaching to refine your pitch. Submission Deadline: August 23, 2024 Who Should Apply: Tech and life sciences companies seeking Seed or later-stage funding. Submit your deck to [email protected] Don't miss this opportunity to connect with investors and elevate your startup! #startup #venturecapital #pitchdeck

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"In my final year of medical school, I lost my uncle to addiction." 💔 This week I sit down to have an incredibly meaningful conversation on Digital Health Heavyweights Podcast with Maroof Ahmed MD the COO and Co-founder of Pelago ( Formerly known as QuitGenius) We cover a LOT of ground, from what inspired him to found the business, raising Series C funding, Y combinator and guiding principles, clinical outcomes and the future of ROI in Digital Health and MUCH MORE. Discover about the member experience at Pelago, which focuses on judgment-free, stigma-free messaging and tailored support for substance use management. We talk through the highlights the challenges and successes of the early years, including the rebranding from QuitGenius to Pelago. The conversation explores the shift in mindset around substance use management and the impact of the COVID-19 pandemic. Maroof and I discuss the company's expansion into the B2B market and the onboarding process for large employee populations. We even chat my favorite subject- the importance of hiring strong talent and maintaining a high talent density as a company scales. 💪 Looking to start a business? Take it from Maroof- he explains someone needs to have passion and commitment when starting a business, as success takes time and perseverance. ✨✨✨ Pelago has an outstanding 62% reduction in alcohol use and a 67% success rate in helping members become opioid-free. If you need help, they are accomplishing incredible things, and doing such good in this world. Tune in to hear Maroof and Pelago's story, and learn about all things Digital Health!! Check it out and let me know your thoughts below!! 👇 https://lnkd.in/d5hwQC_g

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Episode #9: Jim Kolchin, Founder of iWallet 🎙️ Hi friends, this is Victor from R136 Ventures! In episode #9 of our "Ventures from Valley" podcast series, I was joined by Jim Kolchin (https://lnkd.in/dsqaxJyA), founder of iWallet (https://iwallet.com/). https://lnkd.in/ddmQxhZ5 From a Soviet childhood to Silicon Valley, Jim’s entrepreneurial journey is as fascinating as it is informative. He shares his path from building hardware, scaling a bootstrapped SaaS empire, and pivoting toward sustainable business growth – all without outside funding. Listen on Spotify, YouTube or Apple Podcasts In this episode, they discussed: - Building on a Budget: The path to bootstrapping iWallet to multimillion-dollar revenue - The Power of Pivoting: Why Jim moved away from hardware and what he learned about scalability and margins. - Staying Default Alive: Jim’s thoughts on scaling sustainably and keeping options open - Attracting the Right Investors: Tips on selecting investors who bring more than just capital - If you enjoyed this episode, make sure to subscribe. For more relevant VC content from "the Valley", follow us on X and LinkedIn. Stay tuned!

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🚀 𝐔𝐧𝐥𝐨𝐜𝐤 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐰𝐢𝐭𝐡 𝐔𝐫𝐢 𝐋𝐞𝐯𝐢𝐧𝐞’𝐬 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬! 🚀 Uri Levine, co-founder of Waze and Moovit, shares invaluable lessons in his book “𝘍𝘢𝘭𝘭 𝘪𝘯 𝘓𝘰𝘷𝘦 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘗𝘳𝘰𝘣𝘭𝘦𝘮, 𝘕𝘰𝘵 𝘵𝘩𝘦 𝘚𝘰𝘭𝘶𝘵𝘪𝘰𝘯.” Key takeaways include the importance of passionately embracing the problem you’re solving, the necessity of customer retention as a marker of product-market fit, and the strategic use of pitch deck slides. He also emphasises the significance of hiring and firing correctly and observing user behaviour to refine your product. These principles can transform your startup journey, ensuring resilience and growth. 🌟 #StartupSuccess #Entrepreneurship #ProductMarketFit #Innovation

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HealthCap Africa: Pioneering Sector-Focused Investment At HealthCap Africa, we are committed to our strategic focus on healthcare and fintech, recognizing that specialization is key to success in Africa's vibrant startup ecosystem. The data reflects this, affirming our approach in a market ripe for innovation. We extend our gratitude to Scott Kupor Managing Partner at Andreessen Horowitz, one of the world's leading venture capital firms, for his insightful commentary on the increasing preference among founders for sector-specific investors. This validation from such esteemed industry figures underscores the importance of our mission-driven investment strategy. #HealthTech #FinTech #VentureCapital #InnovationInAfrica #SectorSpecialists

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As I wrote earlier, Venture Builder is an attractive new tool for early-stage investment in deeptech startups. Investments in the Venture Company Initiate, which specializes in healthcare, attracted $45 million, a vivid example. If you are considering investing in healthcare startups and would like to learn more about investing in Venture Builder, please email me.

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$56M in funding for female founders, Mormon moms, and the best in beauty – my top consumer stories this week: ♡ Women’s Health & Beauty ♡ - Seen raises $9M Series A - Helaina raises $45M Series B to bring human lactoferrin to market - Allure announces the Best of Beauty 2024 winners - Elle's September beauty launches they’re obsessed with ♡ Media, Entertainment & Creator ♡ - Zuck makes WhatsApp Meta’s crown jewel -LinkedIn ranks #1 as the most important social platform for CEOs - Eva, an entertainment booking platform, raises $2M and expands to more cities ♡ E-Commerce, Retail & Social ♡ - 'Mormon Wives’ Puts Momfluencers’ Selling Power in the Spotlight - BoF introduces the BoF 500 Class of 2024 ♡ Tech, Business, & Investing ♡ - VC has a sexual harassment problem. One woman has a plan to change it - LinkedIn reveals the top startups of 2024 in the US - KPMG shares their Q2 2024 M&A Trends in consumer and retail report - Millionaires can afford their dream homes. They’re renting instead You can read more in this week's issue of ICYMI: https://lnkd.in/gE9aRWwp #consumernews #litrendingtopics

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👀 HOW DO WE GET DIGITAL HEALTH TO REFOCUS ON PREVENTATIVE CARE?👀 Enter Inbal Tirosh co-founder and CEO of the incredible Livez on this week's episode!! My favorite question to ask founders is what is your founding story? Tune in to hear Inbal explain her founding story, and how they are impacting patients lives and futures! Livez is built to make preventative care easy, convenient, and reduce claims. The Livez screening solution detect 85% of preventable diseases!! Reduces a whopping 75% of healthcare claims. How do they do this? Inbal jumps into it all with me, explaining, "All together if you take every person and they get a plan of what they need to get screened for, based on their individual profile, and their specific data, you can do that with fusion of big data, and you take them on a journey to prevent their predicted risks, based on family history and their own history and so on..." Then you automatically book them with follow up appointments. This is backed by health authorities, and by large insurers! Key Points 🗝 🌐 Livez screening solution covers more than 50 clinical domains and 120 screenings and vaccines, impacting 75% of healthcare claims. Livez is a preventive health platform that focuses on holistic screening and interventions to prevent chronic diseases. 🏥 The platform helps employers and health plans prioritize the health of their population by identifying health risks and guiding individuals towards appropriate interventions. This is an absolutely fascinating conversation about the new frontier of preventative care. Get on board, and tune in to this week's episode of the Digital Health Heavyweights Podcast Also- major teaser that their pricing is FULLY at risk. Why NOT? Learn more about preventative care, and how Digital Health is continuing to evolve!

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Can you navigate the highly regulated alcohol industry and still find scalable growth? Noah Sanborn Friedman shows how it’s done. Join me as he shares his top strategies on balancing regulatory challenges and market opportunities. Get the inside scoop on his dos and don’ts that can make or break your venture in the latest from #FundraisingDemsystfied

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Q3 funding data doesn't really clear up where Austin's innovation ecosystem stands post-bubble. The US is down, Austin is up, but then that's after a slow 1H 2024 for ATX. 🤷 Austin's Startup Funding Q3 2024: ● Q3: $1B (6th in US) ● YTD: $2.6B (7th in US), following sluggish Q1 & Q2 ($0.8B each) ● 2024 projection: $3.4B-$3.6B vs $4.2B in 2023 Q3 2024 Top Funding Rounds: ● Saronic Technologies $175M Series B (Austin's newest unicorn) ● webAI $43M Series A ● Infinitum $35M Series E ● Gymdesk $33M Growth Round ● Setpoint $31M Series B Sources: Pitchbook & CB Insights Austin pace is slower than the 2021-2023 boom and may be one of the few major metro areas to see a decrease from 2023.  My guess, we do not have the volume or scale of AI rounds driving many other metros. At the same time, we're still trending up compared to pre-bubble levels (2019: $3.2B, 2020: $2.7B). So, what’s going on? Is this just a temporary dip in the first half, a return to pre-2020 growth trajectory, or the start of a new trend?

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I’m not here to complicate your wellness journey. I’m here to empower you with sustainable health habits that fit seamlessly into your lifestyle 🌿. With a background in Internal Medicine and Cardiology, I understand the importance of a balanced approach to health. Our community supports holistic practices that combine fitness, nutrition, and beauty. Join us for tips and insights! 💪✨ Comment below if you're ready to transform your habits! #HealthGoals #WellnessJourney health, fitness, beauty, healthy living, healthy lifestyle, sleep, mindfullness

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The Motley Fool dedicated their Money show yesterday to lessons investors can learn from "The Illusion of Innovation." I enjoyed the conversation, which included some hot takes formulated on the spot. A little bit dangerous with 3-5 million listeners, but a lot of fun. Ricky Mulvey is a great interviewer. We talked about: --The importance of being a contrarian --Whether companies should invest in innovation or just manage operations for cash --Why ROIC is a misleading metric ...and much more. Link below, give it a listen.

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For all you aspiring serial entrepreneurs out there... Starting your next successful business doesn't have to be as hard as your first. Check out my latest article in Forbes for some actionable tips to improve the chances your next venture takes off.

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I’m excited to speak at the Beyond Silicon Valley Summit hosted by Revolution's Rise of the Rest this week. So many things are actually happening far beyond Silicon Valley, especially when it comes to tech jobs leaving California… and heading straight for Texas. Even though Silicon Valley is home to most US startups, their share of total VC investments in the US last year was at its lowest since 2012. In venture, we know jobs follow the money. The tech workforce is increasingly mobile and decentralized, and the talent pool is no longer concentrated in Silicon Valley. The share of all US tech jobs located in California has fallen to some of the lowest levels in a decade, dropping a full percentage point over the last year alone. Large tech companies are departing to states that offer less strict regulation, lower cost of living, and better tax incentives. Enter Texas, Arizona, and Florida, welcoming startups with open arms. You can read more about how the landscape is looking beyond Silicon Valley here: https://lnkd.in/ebhW-JNP Plus, the data from Apollo Global Management, Inc. that originally inspired this post, below.

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This week Mikal Ventures brings you a 4-week breakdown of the non-US capital market with an emphasis on the Mikal verticals. The 4-week period ending November 25 saw just over 1,300 new companies added, bringing the total to 112,141 companies included in the non-US Health Tech, Med Tech, AI Tech Fin Tech and Ed Tech verticals. Non-US AI Tech again saw the greatest percentage growth in new companies at 16%, vs. the vertical average of 12% for the period. Non-US HeathTech led the group in transactions. Non-US Med Tech led in SEC Filings and news articles.   Mikal Ventures publishes these stats on a rolling 4-week basis to provide a perspective on how the verticals and new startups move through time. We hope you find them informative and thought-provoking. VC Investors are always adjusting their "Play Book" with a variety of options for investing. Mikal Ventures is one of those alternatives, offering curated solutions to real world problems. Reach out if you have questions on how we can be of assistance and bookmark https://mikalventures.com/ for additional insights and information.

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