The rise of the doctorpreneur and VC, MD
Clinical experience is invaluable to navigating the complex world of digital health. Traditionally, digital health startups have hired CMOs and other providers on staff, but now, more clinicians are putting their expertise on the cap table. On the venture side, 111° West Capital is led by physicians Michael Matly M.D. and Andrew A. Brooks M.D., who leverage their domain expertise to deploy capital into digital health businesses where their experiences add value—like their first investment as a co-lead investor in Arine’s $11M Series A. Additionally, physician entrepreneurs like Michelle Longmire—who’s at the helm of Medable’s $304M Series D—are applying their know-how to build companies and raise funds. And let’s not forget Truepill co-founder and CEO Umar Afridi, who garnered years of experience as a practicing pharmacist before launching his company, which raised a fresh $142M last week to earn unicorn status. We’re excited to see more clinicians applying their expertise to make healthcare massively better, on the frontlines and in boardrooms.
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Recent Funding
- Virtual MSK clinic Hinge Health adds $400M in new capital
- Cloud platform for decentralized clinical research Medable scores $304M
- Digital pharmacy infrastructure Truepill closes on $142M
- Online primary care for seniors Patina Health raises $57M
- Port co Stride Health, a benefits solution for independent contractors, gets $47M
- On-demand clinical staffing platform ShiftMed notches $45M
- Femtec Health, which uses data to personalize women’s health and beauty, grabs $38M
- Anomaly secures $17M to improve healthcare payment accuracy
- Port co Arine, which digitally optimizes medication management, bags $11M
- Brave Health picks up $10M to expand behavioral health care for Medicaid patients
- Primary care startup for hourly workers Vitable nabs $7.2M
- NeuraLight, a platform digitizing neurological evaluation and care, nets $5.5M