Redesign Health, a venture builder enabling founders to launch and scale transformative healthcare companies, announced it closed a $175 million investment for a new fund to advance healthcare company creation. Investment in the fund includes participation from Declaration Partners, Euclidean Capital, and True North Advisors.
Since 2018, Redesign Health supported founders in launching more than 60 companies that have touched the lives of over 15 million patients and generated >$1 billion of revenue. And with this latest fund, the company plans to partner with founders committed to transforming healthcare at a point of inflection for the industry.
Redesign Health’s distinctive venture-building model enables founders to overcome the complex challenges of healthcare innovation. And working collaboratively with founders across all stages of their journey, Redesign Health provides comprehensive support across three key areas.
The company provides deep institutional knowledge and hands-on support for creativity and diligence, powered by proprietary research tools and a vast network of industry experts. And its platform accelerates commercial traction through pre-existing relationships with hundreds of healthcare companies and scalable demand generation systems. Additionally, founders benefit from comprehensive execution support, including an engaged founder community, extensive investor and talent networks, and healthcare-specific operational expertise.
Redesign Health is focused on launching companies in eight key areas where innovation can drive the greatest impact:
- Addressing the healthcare labor shortage
- Accelerating value-based and longitudinal care
- Advancing healthcare interoperability
- Preparing for an aging population
- Eliminating barriers to health equity
- Expanding sites of care
- Growing the insured population
- Driving healthcare personalization and consumerization
Healthcare is at a major inflection point. And recent advances in AI, data integration, and software development have created a generational opportunity to transform care delivery, drive operational efficiency, and improve patient outcomes.
Redesign Health is well-positioned to help founders take advantage of these opportunities. Over the next few years, it plans to use its new funding to support the launch of dozens of companies.
KEY QUOTE:
“Healthcare founders today benefit from unprecedented tailwinds. AI, aligned payment models, patient demand for better care, and unsustainable cost pressures set the stage for generational value creation and social impact. At the same time, building healthcare companies is really hard. Founders encounter opaque value chains, complex regulations, long sales cycles, and almost no tolerance for error. We built Redesign to help founders overcome these challenges and capture a historic opportunity to accelerate innovation in service of patients.”
- Brett Shaheen, Founder and CEO of Redesign Health
