Jumpstart Foundry’s Healthcare Portfolio Reaches 60+ with Recent Investments
NASHVILLE, Tenn. (PRWEB) June 01, 2018 -- Jumpstart Foundry (JSF) announces the addition of 13 early-stage healthcare companies to its healthcare portfolio. The 2018 cohort brings the JSF portfolio count to over 60 healthcare technology companies, one of the the largest in the country.
The Nashville-based healthcare fund selected companies from across the country, from cities including Chicago, Denver, and San Francisco. Outside these more established healthcare ecosystems, JSF invested in promising companies from cities like Madison,WI, Kansas City, MO, and Atlanta, GA.
“We believe that great technology doesn’t always come from the coasts. In fact, we’re seeing more and more strong, applicable, and needed healthcare technologies coming right out of middle America - where many pain points in our healthcare system exist,” said Eller Mallchok, Managing Director of Jumpstart Foundry.
Earlier this year, Jumpstart released their first Healthcare Innovation Report which provides insight into what industry stakeholders need and are actively looking for. Using the report as a key determinant in their investment thesis, Jumpstart invested in solutions that are addressing issues that exist within the industry today. The full report can be found at http://www.jsf.co/2018-industry-innovation-report
“The key to Jumpstart’s success is that we invest significant time to understand the industry’s challenges before we invest in their solutions,” said Eller Mallchok, Managing Director of Jumpstart Foundry.
Jumpstart Foundry plans to make 18 standard investments from their 2018 fund. The initial 13 investments were made in mid-May. JSF will accept applications for funding on a rolling basis.
“We see great deal flow all year round, but are particularly excited to make these final five investments in companies we have developed relationships with, wether at conferences like Health:Further (http://www.healthfurther.com) or in cities with strong healthcare innovation ecosystems,” - Vic Gatto, CEO of Jumpstart Foundry.
To review companies currently in the 2018 portfolio please visit http://www.jsf.co/portfolio
About Jumpstart Foundry:
Jumpstart Foundry is the most active seed-stage healthcare investor in the US. Each year, Jumpstart invests in 15-20 entrepreneurs from across the country who are building innovative solutions to improve health & healthcare. JSF processes and systems are built to benefit entrepreneurs and their ventures by increasing opportunities for growth and success.
Entrepreneurs that join Jumpstart receive a capital investment from the fund and gain access to customers, follow-on capital, a community of like-minded individuals, and strategy support from experienced healthcare investors.
Website: http://www.jsf.co // Twitter: @jsfoundry
Eller Mallchok, Jumpstart Foundry, http://healthfurther.com, +1 (423) 290-7773, [email protected]
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