Boston-based venture capital firm Seae Ventures has launched a $107 million fund to invest in women and Black, Indigenous and other historically marginalized entrepreneurs who are developing health and financial technologies that benefit traditionally underrepresented populations. AHA is investing in the fund as part of its health equity investing strategy. 

“Hospitals and health systems have a vital role to play in building more equitable communities, but they can’t do it alone,” said AHA President and CEO Rick Pollack. “The American Hospital Association is excited to support partners like Seae Ventures that invest in health care technology companies and entrepreneurs who are too often left out of early financing. These investments will both tackle health inequity and create meaningful economic opportunity.” 

AHA also has invested in two other funds that finance historically marginalized entrepreneurs: Jumpstart Nova, which invests exclusively in Black-founded and -led startups focused on improving health care access and affordability; and SteelSky Ventures, a female-led venture capital firm focused on improving health outcomes for women.  
 

Related News Articles

#HealthCareInnovation Thursday Blog
Recently, nearly 1,000 health care leaders and changemakers convened at Aspen Ideas: Health, part of the Aspen Institute’s Aspen Ideas Festival, to explore…
Headline
As hospitals and health systems face today’s challenges of ensuring a safe and healing environment for their patients and staff, they must also move health…
Headline
More than 1 million prescriptions for the COVID-19 antiviral pills Lagevrio and Paxlovid were dispensed between late December 2021 and May 2022, but dispensing…
Blog
June is LGBTQ+ Pride Month. This tradition started back in 1969 with the Stonewall Riots – a series of demonstrations that were brought on by the continued…
Headline
President Biden yesterday directed the Health and Human Services Secretary to develop and release sample policies for states “to safeguard and expand access to…
Headline
The Department of Health and Human Services’ Office for Civil Rights today issued guidance on how HIPAA-covered health care providers and health plans can…