Launchpad Digital Health, a San Francisco, CA-based early stage investor in digital health, held the first closing of LDH Ventures II, its second venture fund.
Participating investors in LDH Ventures II include the venture arm of a global insurance company, Spectra Management Advisors, Wilson Sonsini Goodrich & Rosati and other institutional investors.
The fund is focused on venture investing, funding companies from Series Seed to Series B as its entry point, and then supporting those companies in follow on rounds.
The firm has already completed its first four investments from the new LDH Ventures II, investing in:
- Limelight Health, and
- Hint Health.
Led by General Partner & Co-Founder Fred Toney, Launchpad Digital Health has led more than 30 investments in the sector, and generally leads the Seed and A rounds that it participates in, and the firm has provided significant liquidity to its Limited Partner investors.