Catalyst by Wellstar, an innovation company and venture firm created by one of the largest health systems in Georgia, announced the launch of a $100m venture fund.
The fund will directly influence the problems addressed and solutions created by the nation’s most promising startups and entrepreneurs.
Wellstar cares for 1.6 million Georgians annually and provided $1.2 billion in uncompensated and charity care last year—more than any other health system in Georgia. Catalyst by Wellstar aims to scale this impact by helping promising startups improve the health and well-being of patients in Georgia—and beyond.
The fund aims to make more than 50 direct investments in early-stage startups, Pre-seed to Series A, over the next five years and invest indirectly in 150+ startups through limited partner investments with venture and growth equity funds with proven track records of success. These investments will be made in companies that align with the six focus areas of Catalyst:
- Customer experience
- Data, analytics and security
- Digital health
- Future of work
- Supply chain, logistics and mobility
- Sustainability
Startups interested in funding or fueling their mission with Catalyst are invited to visit catalyst.wellstar.org/opportunities to learn more.
The initial four direct investments include:
- Marani Health
- 410 Medical
- Vyv
- MetaCX
FinSMEs
19/05/2023