Boston, MA-based LRVHealth (formerly known as Long River Ventures) has launched an early-stage venture platform for digital health, medical devices and diagnostics, accelerated by its fourth investment fund, LRV IV.
More than 20 healthcare insiders and thought-leaders, eight national healthcare systems and the Innovation Institute have partnered with the firm to raise and deploy $100m in venture capital.
Led by Will Cowen, Tripp Peake and Keith Figlioli, LRVHealth is specifically designed for identifying, creating and investing in early-stage companies across healthcare IT, healthcare technology enabled services, devices and diagnostics. Its partner ecosystem unites 148 hospitals and 1,882 non-acute care settings with more than 25,000 clinicians covering over 43 million Americans across 23 states. Additional healthcare systems, healthcare payers and healthcare vendors will be added as strategic limited partners over the course of 2018.
These investors and partners will gain access to early stage healthcare focused investment opportunities for their stakeholders.