Town Hall Ventures announced the launch of its fourth fund, securing approximately $440 million in capital commitments to advance innovation in healthcare for underserved communities across the US. The new fund will build on the firm’s mission of investing in entrepreneurs and technologies that utilize AI and other advanced tools to expand access to affordable, high-quality care.
Since its founding in 2018, Town Hall Ventures has invested in 42 companies across launch, venture, and growth stages. Its portfolio now reaches one in five Americans, helping deliver modernized care models and technology-enabled solutions to populations that have traditionally faced barriers to healthcare access.
With Fund IV, the firm plans to back founders and technologists who use AI to lower costs, improve outcomes, and bring cutting-edge healthcare solutions to communities most in need.
The fund’s strong investor participation reflects confidence in Town Hall Ventures’ unique model of combining mission-driven investing with business growth. The firm, which now manages $1.4 billion in assets under management, partners with visionary healthcare leaders to redesign care delivery and create scalable models that improve health outcomes while reducing costs.
In addition to launching Fund IV, Town Hall Ventures announced an expansion of its leadership team. Catherine Olexa-Meadors has joined as Head of Partnerships and Growth, bringing experience from Aledade and Remedy Partners (now Signify Health) to help portfolio companies scale faster and deepen industry engagement. Will Stokes, Co-Founder of Strive Health, has also rejoined the firm to lead Hatch, Town Hall’s company-creation studio that builds transformative healthcare businesses in collaboration with its extensive partner network.
Town Hall’s leadership team—including Andy Slavitt, David Whelan, Meera Mani, and Anna Fagin—will continue to guide the firm’s investment strategy as it supports the next generation of healthcare innovators. Its portfolio includes notable investments such as Thyme Care, Strive Health, Marble Health, Arine, Qualified Health, Ambience Healthcare, Habitat Health, and Cityblock Health.
By combining deep policy expertise with decades of operational experience, Town Hall Ventures aims to bridge the gap between innovation and impact—helping healthcare companies harness AI and data-driven technologies to reach patients and communities often overlooked by the traditional healthcare system.
KEY QUOTES:
“With Fund IV, we will accelerate our mission by backing founders and technologists who are using AI as a core capability to lower costs, improve outcomes, and expand access to high-quality care for tens of millions of people underserved by the healthcare system.”
Meera Mani, MD, PhD, General Partner, Town Hall Ventures
“The obsession that the Town Hall team has with turning mission into business alpha has made it easy for me to join them in all four of their funds. Population need and big business opportunities aren’t the same thing. It takes a special group of people to see that intersection and turn it into reality.”
John Doerr, Limited Partner, Town Hall Ventures
