Healthcare Collaboration Fund

The Healthcare Collaboration Fund is a venture capital fund co-managed by JumpStart Ventures and University Hospitals Ventures, focusing on early-stage healthcare technology companies in Ohio. The fund invests in pre-seed and seed-stage companies that have demonstrated some product-market fit, typically participating in funding rounds ranging from $500,000 to $2 million. The fund seeks founders and teams with unique market insights, entrepreneurial skills, and a commitment to high growth, targeting large addressable markets with significant unmet clinical or surgical needs. It looks for unique solutions that address these needs and have a sustainable competitive advantage, with go-to-market plans that can benefit from pilot engagements in healthcare settings to demonstrate meaningful market traction. The fund has $8 million under management and has invested in five companies to date, with no reported exits or acquisitions. Its portfolio includes companies like Augment Therapy, a digital health startup that completed a $2.7 million Seed Plus investment round in November 2023. The fund's strategy emphasizes collaboration with healthcare systems to accelerate the commercialization of early-stage technologies, leveraging clinical experts and practical use cases to validate product-market fit and inform technology refinement before broader market launches. This approach aims to lower the cost of care, improve patient outcomes, and increase the speed of positive change in the healthcare system. The fund is based in Cleveland, Ohio, and operates within the United States, focusing on the healthcare industry. It is a venture capital firm that invests in early-stage companies, particularly in the healthcare sector, and is co-managed by JumpStart Ventures and University Hospitals Ventures. The fund's investment philosophy centers on identifying and supporting innovative healthcare solutions that address significant clinical needs and have the potential for sustainable growth and impact in the healthcare industry.