We’re Launching the Healthcare Co-op

By The Healthcare Co-op

First Round
May 23, 2018 · 3 min read

Healthcare startups are different from traditional Silicon Valley software companies — they have different wants, needs and incentives. Partnering with healthcare providers is different from selling software to the Fortune 500. The path through clinical trials is different from the search for product-market fit. HIPAA safeguards make addressing privacy concerns non-negotiable. With patient lives at stake and the FDA watching, healthcare founders don’t have the option to move fast and break things. These entrepreneurs need a unique set of skills, experiences, advisors and investors to go from idea to product to company.

That’s why today, with funding and operational support from First Round, we’re launching the Healthcare Co-op. This new model for startup investing will allow us — three healthcare operators working across the industry — to invest in companies together, and offer hands-on, experience-grounded expertise to founders from the earliest stage. Collectively, we’ve worked across the healthcare ecosystem, building new models for health insurance, developing FDA-regulated products, and making medicine more compassionate, affordable, and patient-centered. Here’s who we are:

No one can improve healthcare alone. As a team, we hope our combined experience can help entrepreneurs embarking on that journey. We’re already backing startups, and made our first investment last week in RDMD, a new company that is connecting rare disease patients with top specialists to accelerate research and improve access to the best medical expertise. We’re looking forward to working with founders like RDMD’s Nancy Yu and Onno Faber, passionate entrepreneurs who still have many of their biggest challenges ahead of them — ideally before they even have a deck or have planned their raise.

If this is where you are with your company, we may be good partners. Don’t hesitate to reach out to any of us individually or through a mutual connection or email us at healthcare@co-op.vc. We’re excited to get to work.

Want more info? Check out the Healthcare Co-op FAQ.

The Healthcare Co-op

Three top healthcare technology leaders answering your…

First Round

Written by

The first round for remarkable founders.

The Healthcare Co-op

Three top healthcare technology leaders answering your company-building problems - and investing in great startups along the way.

First Round

Written by

The first round for remarkable founders.

The Healthcare Co-op

Three top healthcare technology leaders answering your company-building problems - and investing in great startups along the way.

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