Demonstrating its commitment to providing early financing for investment funds run by leaders focused on improving health care access, quality and affordability, the AHA recently provided a second round of funding for startups led by women and people from racial and ethnic minorities.
The AHA selected the funds because they finance historically marginalized entrepreneurs who have limited access to the capital needed to develop innovative health care solutions.
| SteelSky Ventures |
SteelSky Ventures, one of the funds receiving AHA support, is a female-led venture capital firm focused on companies working to improve health outcomes for women. The types of companies the fund invests in include medical devices, consumer health, digital health, new health care delivery models, e-pharmacy and retail therapeutics. The AHA is joined by Henry Ford Health System, MultiCare and several other health care companies among the fund’s investors and strategic partners.
“SteelSky Ventures is making critical investments in women’s health with an eye for innovation in the delivery of care,” said Rick Pollack, AHA president and CEO. “The AHA is excited about how this fund can positively affect the double-bottom line of financial and social impact.”
| Jumpstart Nova |
In January, the AHA announced its partnership and investment in Jumpstart Nova, a fund that will invest exclusively in Black-founded and -led health care companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness sectors.
The Jumpstart Nova portfolio companies within the fund will be startups focused on communities facing disparities in health outcomes. The AHA is joined by HCA Healthcare, Atrium Health, Henry Ford Health System and LHC Group among the fund’s investors and strategic partners.