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Arboretum Ventures

Venture capital

Ann Arbor · Pre-Seed–Series A · 31 people tracked

Also known as ARBORETUM VENTURES, LLC

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Investment thesis

Arboretum Ventures pursues a strategy of investing in under-ventured geographies and sectors within healthcare, emphasizing deep relationships with entrepreneurs, executives, and investment partners across the industry. The firm targets early-stage healthcare startups that solve large healthcare problems and can deliver transformational impact, backing teams that are diverse in thought, geography, and demographics. It focuses on medical devices, life science tools and diagnostics, tech-enabled care delivery, and pharma adjacencies, aiming to identify companies that create value in a capital-efficient manner, accelerate portfolio value, and generate superior returns while positively impacting patients and communities.

Invests inBiotechDigital HealthHealthtechMedical DevicesAnn ArborMilwaukeeMinneapolisUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$5M – $15M
HQ
Ann Arbor, Michigan, US
Leads rounds
Leads
Instruments
Equity
Founded
2002
AUM
$1B
VC funds
6
Tracked investments
47

Team · 31 people

from the firm's website & public directories
Evan McClelland· Controllerin

What they invest in

from 29 of 47 portfolio companies

Healthtech ×23Medical Devices ×16Biotech ×10Digital Health ×7Deep Tech ×5Enterprise Software ×2Advanced Manufacturing ×1Data & Infrastructure ×1

HQs:United States×32

Investments · 47 tracked

founders shown can be your intro path
Shoulder Innovationsshoulderinnovations.cominNYSE: SI

Shoulder Innovations develops InSet® glenoid technology for shoulder joint implants that reduce the rocking horse effect and provide mechanical stability, serving patients with severe shoulder arthritis.

HardwareHealthtechMedical DevicesNorthern California, US

Robert Ball(CEO & Executive Chairman)Matthew Ahearn(Chief Operating Officer)Geoff Pardo(Director)Jeff Points(Executive Officer)Paul Buckman(Director)Mike Carusi(Director)

SI-BONENASDAQ: SIBN

San Jose, US

Jeffrey W. Dunn(Executive Officer, Director)Mark Reiley(Director)Timothy E. Davis(Director)John G. Freund(Director)David Bonita(Director)Karen A. Licitra(Director)

PartnerTim Petersen· led

Advanced ICU CareSEC filingmedium confidence

HealthtechSt Louis, US

David N. Schopp(Director)Andrea M. Clegg(Executive Officer)Louis Silverman(Executive Officer, Director)John Reardon(Director)Barbara Lubash(Director)Michael Mikolajczyk(Director)

Board seatTimothy B. Petersen· per SEC Form D · $7.3M raise · filed Jul 2015

Allay Therapeuticsallaytx.comin𝕏

Allay Therapeutics develops ultra-sustained analgesic products for post-surgical pain management.

BiotechHealthtechMedical DevicesSan Jose, US

Adam Gridley(Executive Officer, Director)Kristen Howells(Executive Officer)Josh Makower(Director)Hanson S. Gifford III(Director)Tak Cheung(Director)Karun D. Naga(Executive Officer, Director)

Board seatPaul McCreadie· per SEC Form D

Arbor Metrixarbormetrix.comin𝕏

ArborMetrix provides a software platform for healthcare quality improvement that aggregates and analyzes patient data to help providers, payers, and health systems optimize clinical and financial performance, reduce adverse events, and improve outcomes.

Data & InfrastructureEnterprise SoftwareHealthtechAnn Arbor, US

Brett Furst(Executive Officer, Director)Christian Birkmeyer(Executive Officer)John Birkmeyer, M.D.(Director)Anthony Grover(Director)Mark McClellan(Director)Steven Richvalsky(Executive Officer)

Board seatTimothy Petersen· per SEC Form D

CervilenzSEC filingmedium confidence

HealthtechChagrin Falls, US

Jennifer Coleman(Director)Michael Ross(Director)Kevin Bramer(Executive Officer, Director)Ryan Caruso(Executive Officer)Timothy Petersen(Director)Koleman Karleski(Director)

Board seatTom Shehab· per SEC Form D · $2.5M raise · filed Jan 2016

Concerto HealthcareSEC filingmedium confidence

HealthtechIrvine, US

Timothy Petersen(Director)Barbara Lubash(Director)Edward Wristen(Director)Toby Thomas(Executive Officer)John Huntz(Director)Alec Cunningham(Executive Officer, Director)

Board seatTimothy Petersen· per SEC Form D · $15.6M raise · filed Jul 2015

Convergent Dentalconvergentdental.comin𝕏

Convergent Dental manufactures Solea, a CO2 laser system for dental procedures that operates at a novel 9.3-micron wavelength, enabling anesthesia-free and suture-free treatments across soft and hard tissues.

Enterprise SoftwareHealthtechMedical DevicesNatick, US

Leonard Hedge(Director)Michael J. Cataldo(Executive Officer, Director)Bart Doedens(Director)Warren Thaler(Director)William R. Cowen(Director)Nathan P. Monty(Executive Officer, Director)

Board seatTimothy PetersenTimothy B. Petersen· per SEC Form D

Francis Medicalfrancismedical.comin𝕏

Francis Medical develops the Vanquish procedure, a medical device treatment for benign prostatic hyperplasia that uses radiofrequency energy to ablate prostate tissue.

Digital HealthHealthtechMedical DevicesMaple Grove, US

Michael Hoey(Director)Michael Kujak(Executive Officer, Director)

BoardAndrew Cleeland(Director)David Adair(Director)Andre de Bruin(Director)

Board seatJan Garfinkle· per SEC Form D

Health Scholarshealthscholars.comSEC filingmedium confidence

Westminster, US

BRIAN GILLETT(Executive Officer)ROBERT SEHRING(Director)ANGELA MCFARLAND(Executive Officer)SCOTT JOHNSON(Executive Officer, Director)LAURA MEDINA(Executive Officer)RIKARD STEIBER(Director)

Board seatThomas Shehab· per SEC Form D · $9.3M raise · filed Jun 2021

IntellicytSEC filingmedium confidence

BiotechAlbuquerque, US

Thomas Duensing(Executive Officer)Dan Kidle(Director)Dennis Hynson(Executive Officer)Jack T. Ball(Director)J. Michael Schafer(Director)Janette Phi(Executive Officer)

Board seatTim PetersenDan Kidle· per SEC Form D · $6M raise · filed Jul 2015

Koya Medicalkoyamedical.comin

Koya Medical develops medical devices for lymphedema, chronic venous insufficiency, and deep vein thrombosis treatment.

HealthtechMedical Devices<UNKNOWN>, US

Josh Baltzell(Director)Jan Garfinkle(Director)Anand Doraiswamy(Executive Officer, Director)

Board seatJan Garfinkle· per SEC Form D

Motif Neurotechmotifneuro.techin𝕏

Motif Neuro develops neural devices to monitor and regulate mental health and performance, with an initial focus on treatment-resistant depression using bioelectronic implants called DOT that are deployed via outpatient procedure.

BiotechDigital HealthHealthtechMedical DevicesHouston, US

Anthony Arnold(Director)Jacob Robinson(Executive Officer, Director)Thomas M. Shehab(Director)Amy Kruse(Director)

Board seatThomas M. Shehab· per SEC Form D

NeuMoDx MolecularSEC filinghigh confidence

HealthtechAnn Arbor, US

Nicole Walker(Director)Jan Garfinkle(Director)Sundaresh Brahmasandra(Executive Officer)Edward Michael(Director)William Burkoth(Director)Jeffrey Williams(Executive Officer, Director)

Board seatJan GarfinkleNicole Walker· per SEC Form D · $20M raise · filed Apr 2016

Nxthera IncSEC filingmedium confidence

Maple Grove, US

Michael Hoey(Executive Officer, Director)Patrick Fabian(Executive Officer)Andre de Bruin(Director)Tom Lowe(Director)Glen Nelson(Director)Maximillian Fiore(Executive Officer)

Board seatJan Garfinkle· per SEC Form D · $8M raise · filed Feb 2015

Pear TherapeuticsSEC filingmedium confidence

Pioneering the development of prescription digital therapeutics.

HealthtechBoston, US

Antoun Nabhan(Executive Officer)Corey McCann(Executive Officer, Director)Andrew Schwab(Director)Timothy Petersen(Director)Christopher Guiffre(Executive Officer)

BoardZack Lynch(Director)

Board seatTimothy PetersenTim Petersen· per SEC Form D · $51M raise · filed Jan 2018

Rarecyterarecyte.com

Seattle, US

Robert Shepler(Director)Ronald Seubert(Executive Officer, Director, Promoter)Evan Castiglia(Executive Officer)Brian Daniels(Director)Joseph Victor(Executive Officer, Director)Frank Witney(Director)

Board seatJan Garfinkle· per SEC Form D

Reprieve Cardiovascularreprievecardio.com

Reprieve Cardiovascular develops therapies for heart failure patients, focusing on intelligent decongestion management to accelerate fluid removal.

HealthtechMedical DevicesMilford, US

Hanson S. Gifford III(Director)Tony Fields(Executive Officer)Adam Bartnik(Executive Officer)Mark Pacyna(Executive Officer, Director)Jim Dillon(Executive Officer, Director)Gregory W Mann(Executive Officer)

Board seatJan Garfinkle· per SEC Form D

SonarMDsonarmd.comin𝕏

SonarMD is a digital monitoring platform for patients with inflammatory bowel disease that uses validated questionnaires and proprietary algorithms to detect deteriorating gut health between clinical visits.

Digital HealthHealthtechMedical DevicesChicago, US

LAWRENCE R KOSINSKI(Director)BETH HOUCK(Executive Officer, Director)inJohn Starr(Executive Officer)Anna Haghgooie(Director)Devin Gross(Executive Officer, Director)

Board seatCharity TarnThomas M ShehabTom Shehab· per SEC Form D

Strata Oncologystrataoncology.comin𝕏

Strata Oncology provides precision oncology services, focusing on genomic analysis and clinical research to establish new standards of care for cancer treatment.

BiotechDigital HealthMedical DevicesAnn Arbor, US

Daniel Rhodes(Executive Officer, Director)Matthew Martin(Executive Officer)Jeffrey Williams(Executive Officer, Director)Name not fully specified on page

BoardChristopher O'Donnell(Director)David Rubin(Director)

Board seatJan GarfinkleNicole Walker· per SEC Form D

Tangent Medical TechnologiesSEC filingmedium confidence

HealthtechAnn Arbor, US

Jeffrey Williams(Director)Guy Jordan(Director)Tim Petersen(Director)Colleen Spencer(Executive Officer)Eric Sandberg(Executive Officer)Henry Brown(Director)

Board seatTim Petersen· per SEC Form D · $2M raise · filed Oct 2015

Trove AnalyticsSEC filingmedium confidence

Dexter, US

Charles Moret(Director)Jennifer Baird(Executive Officer, Director)Jeff Basch(Executive Officer)

Board seatThomas Shehab· per SEC Form D · $11.5M raise · filed Mar 2019

Virtual Incisionvirtualincision.comin𝕏

BiotechLincoln, US

Tom Shehab(Director)Fred Robertson(Director)Tao Lin(Director)John P. Murphy(Executive Officer, Director)Fernando Pacheco(Director)Mukund Srinivasan(Executive Officer)

Board seatTom Shehab· per SEC Form D

Akadeum Life Sciencesakadeum.comin𝕏

Akadeum manufactures GMP-compliant ancillary materials for cell and gene therapy applications, specializing in microbubble-based negative selection products.

Advanced ManufacturingBiotechDeep TechHealthtechMedical DevicesAnn Arbor, US

Jeffrey S. Williams(Director)Brandon McNaughton(Executive Officer, Director)James Militello(Executive Officer)Kalyan Handique(Executive Officer, Director)Douglas Neal(Director)John Younger(Executive Officer, Director)

Atacor
AtaCor Medicalatacor.com
Avation Medicalavation.com𝕏

Avation Medical manufactures the Vivally System, an FDA-cleared wearable device that uses transcutaneous tibial nerve stimulation to treat overactive bladder and urge urinary incontinence in at-home 30-minute sessions.

Digital HealthHealthtechMedical DevicesValencia, US

Jill Schiaparelli(Executive Officer, Director)Thomas Shehab, MD(Director)Kevin Wasserstein(Director)

BioIQbioiq.comin𝕏

BioIQ provides at-home healthcare screening and testing solutions delivered through a vertically integrated platform serving employers, health plans, providers, and government agencies.

Digital HealthHealthtechSanta Barbara, US

Kathleen Shanahan(Director)Brandon Cady(Director)Brent Peus(Executive Officer)Jeff Closs(Director)Patrick Cua(Director)Justin Bellante(Executive Officer, Director, Promoter)

PartnerPaul McCreadie· led

Boomerang Medicalboomerangmedical.comin
BrightSpecbrightspec.comin

BrightSpec develops spectraMRR, a molecular rotational resonance spectroscopy platform for rapid identification and quantitation of molecules in complex mixtures.

BiotechDeep TechMedical DevicesWaltham, US

Rick Gordon(CEO)inTimothy Germann(Director)David Cash(Director)inWalter Colsman(Executive Officer, Director)JAFFRAY WOODRIFF(Director)ROBERT LLOYD(Executive Officer, Director)

CardioMEMScookiedatabase.org
ConcertoCareconcertocare.comin𝕏
Endogenexendogenex.comin𝕏

Endogenex develops the pulsENDO system, an endoscopic medical device that applies pulsed electric field technology to the small intestine to reset metabolic signaling for people with type 2 diabetes.

HealthtechMedical Devices

Enumera Molecularenumeramolecular.comin

Enumera Molecular develops the EnumeraPlex platform, a molecular diagnostics system offering a range of tests with a single workflow and clear result readouts for clinical laboratories.

BiotechHealthtechMedical DevicesAnn Arbor, US

Matthew Cooper(CEO & Co-founder)Dan Kidle(Director)Elaine Heron(Director)Sundaresh Brahmasandra(Director)

EQRxeqrx.com
Flosonics Medicalflosonicsmedical.com
Hicuity Healthhicuityhealth.comin𝕏

Hicuity delivers telemedicine solutions for clinical, staffing, and operational challenges in acute and critical care venues.

Digital HealthHealthtech

PartnerTim Petersen· led

Inogen
JUMPCODE Genomicsjumpcodegenomics.comin𝕏

Jumpcode Genomics develops programmable endonuclease enzymes for next-generation sequencing and PCR applications.

BiotechDeep TechSan Diego, US

David Michael Salter(Executive Officer, Director)Eugene Chen(Director)Keith Brown(Executive Officer, Director)Joel Rotroff(Director)

BoardCourt Turner(Director)Joseph Lee(Director)

NeuMoDx

Molecular diagnostics company offering clinical PCR systems using automation and microfluidics; acquired by QIAGEN in September 2020.

PAK BioSolutionspakbiosolutions.comin𝕏

Burke, US

Pezzini Joanna(President)Kevin Hill-Byrne(Vice President)

Pharaoh Neuropharaohneuro.comin

Pharaoh Neuro develops Neurapheresis™, a medical device platform for precision management of cerebrospinal fluid to restore balance and protect brain health in neurocritical patients, particularly those with subarachnoid hemorrhage from aneurysms or strokes.

Deep TechHealthtechMedical Devices<UNKNOWN>

Amaza Reitmeier(CEO)

Reprieve Medical
Uptake Medical

BiotechTustin, US

Carl Simpson(Director)David Singer(Director)Krista Mann(Executive Officer)Geoff Brooke(Director)Robert Kuhling(Director)R. King Nelson(Executive Officer, Director)

ViaLasevialase.comin

ViaLase develops a femtosecond laser system for noninvasive glaucoma treatment that creates apertures through the trabecular meshwork in open-angle glaucoma patients.

Deep TechHealthtechMedical DevicesAliso Viejo, US

Tibor Juhasz(Executive Officer, Director)Rick Lewis(Executive Officer)Scott Cooper(Executive Officer)Hadi Srass(Executive Officer)Shawn O'Neil(Executive Officer)

BoardWilliam Link(Director)

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Arboretum Ventures invest at?
Arboretum Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Arboretum Ventures's typical check size?
Arboretum Ventures typically writes checks of $5M – $15M.
What sectors does Arboretum Ventures focus on?
Arboretum Ventures focuses on Biotech, Digital Health, Healthtech, Medical Devices.
Where is Arboretum Ventures located?
Arboretum Ventures is headquartered in Ann Arbor, US.
Does Arboretum Ventures lead rounds?
Yes, Arboretum Ventures leads investment rounds.

From the blog

visit blog ↗

Arboretum Ventures recently highlighted clinical milestones at its portfolio companies, including full enrollment completion at diabetes device firm Endogenex and first patient enrollment at cardiac rhythm management company AtaCor Medical. AI summary

Media · Podcasts & interviews

featuring the team

Jan Garfinkle – Arboretum Ventures (Manager Meetings, EP.09)

Capital Allocators with Ted Seides · Jan Garfinkle

Co-investors · 33

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Broadview Ventures

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New Enterprise Associates (NEA)

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B Capital Group

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21 more co-investors

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Firms observed investing alongside Arboretum Ventures, from public investor directories. Shared companies are the overlap with Arboretum Ventures's recorded portfolio.

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