Defining the Future of Healthcare Requires Deep Healthcare Expertise and a Technology-Driven Mindset

Define Ventures was founded on a simple belief: the future of healthcare will be defined by those who bring together a deep understanding of the healthcare ecosystem paired with a technology-driven mindset. Unlike in other industries, progress and disruption requires strong partnerships between the innovators and incumbents. It will take all stakeholders involved to build the next generation of healthcare. 

We’ve established Define Ventures in this vision, growing to become one of the largest funds focused on early-stage digital health companies. We recently raised $460 million across two new funds to accelerate this transformative era in healthcare. Just one year later, AI advancements are shifting from hype to strategic integration. Meanwhile, long standing pressures on the healthcare system, such as the growing shortage of clinicians and our aging population, are becoming more pronounced. It’s clear that necessity will remain one of the greatest drivers of innovation.

Yet even the most experienced entrepreneurs need strong partnership along the way. That’s why we assembled a thoughtfully curated team with investors and founders who have collectively delivered $22 billion in exit value, including Livongo (LVGO), Evolent (NYSE: EVH), and Hims & Hers (NYSE: HIMS). In bringing together a team with the experience and resilience to build category-defining companies, we provide our founders with the competitive advantage to bring their visions to life. 

With our deep understanding of the healthcare ecosystem, we’re able to pull the full weight of our network to drive commercial impact. Over half of our partner companies have customers from our coalition of large health systems, health plans, employers, and life sciences companies. We also leverage our direct experience building enterprise, value-based care, and direct-to-consumer companies to help our founders build strong go-to-market strategies. 

We also help our founders integrate a technology-driven mindset into their companies as they build from the ground up. That includes tapping into our deep advisor bench and bringing in senior leaders from Instagram, Instacart, and YouTube to help our partner companies build product experiences that are not only efficient but enjoyable and easy to use. Or leveraging our AI and tech advisors from companies like Google to implement agile processes in architecting software products, establishing and scaling roadmaps, and building high-performing teams. 

Every thought, every conversation, every action is defined by how we can deliver the most value to our founders. In pushing the boundaries of what’s possible, we’re defining a new vision for healthcare with bold and dynamic brushstrokes. As we stand on the brink of this pivotal moment in healthcare, we can think of no greater mission than to partner with those who challenge the conventional and remain convicted by what’s possible. 

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