Blue Hour Ventures Launches with Fund I Spin Out

venture capital

Blue Hour Ventures, a Nashville, Tenn.- and Kansas City, MO-based early stage venture capital firm investing in new healthcare delivery models and the technologies that enable them, announced the firm’s launch.

Blue Hour Ventures was created by spinning out Fund I from its previous management company and general partner. North Sky Capital was instrumental in the spinout by participating in a secondary transaction that closed on June 30, 2023.

Blue Hour Ventures’ Fund I launched in 2017 and has 12 active portfolio investments.

Led by Kevin Standefer, Managing Partner, and Clint Myers, Partner, Blue Hour Ventures is a venture capital firm that backs entrepreneurs seeking to redefine America’s healthcare system. They invest in early stage companies that are creating new healthcare delivery models and the technologies that enable such innovation. This includes sectors such as tech-enabled providers, direct to consumer healthcare, AI augmented care, among others. They are geographically agnostic but tend to favor companies located in historically undercapitalized markets.

North Sky Capital is a pioneer in impact investing in the United States and has deployed over $1.3 billion across more than 140 investments over its 24-year history. North Sky Capital seeks to invest in opportunities and strategies that support positive environmental and social impact while targeting market rate investment returns. .

FinSMEs

24/08/2023