Underdog Labs

Underdog Labs is an early-stage venture capital firm dedicated to assisting entrepreneurs with visionary ideas in the healthcare sector. They invest very early in belief-driven founders, often in fundraising rounds of $1 million or less, and frequently at the pre-product or pre-monetization stage. Their investment focus is on areas where they understand the distribution channels, such as B2B software and consumer markets. While they rarely invest in businesses involving hardware manufacturing or requiring regulatory approval, they are open to various innovative solutions within the healthcare industry.

The firm's investment strategy emphasizes a hands-on approach, working closely with founders to de-risk and accelerate their ventures. They seek founding teams motivated by a true long-term mission and who have identified a winnable initial chapter. This collaborative effort aims to build successful companies that can address significant challenges in the healthcare sector.

With a portfolio that includes companies like Tennr, Codemetal, Cohart, and others, Underdog Labs demonstrates a commitment to fostering innovation across various markets and verticals. Their team, with over 25 years of combined entrepreneurial experience, has a proven track record of supporting and scaling early-stage companies, reflecting their dedication to nurturing the next generation of healthcare innovators.