How many investments has Foreground Capital made?

Foreground Capital has 37 tracked investments, 2 of which have exited, including 4 dated in the last 24 months.

What stage does Foreground Capital invest at?

Foreground Capital invests at the Seed, Series A, Series B stages.

Where is Foreground Capital located?

Foreground Capital is headquartered in Boston, US.

Does Foreground Capital lead rounds?

Yes, Foreground Capital leads investment rounds.

Who does Foreground Capital co-invest with?

Foreground Capital most often shares deals with Alumni Ventures, Amboy Street Ventures, SteelSky Ventures, among 170 tracked co-investors.

Foreground Capital

Venture capitalActively deployingoperating company · company profile

Boston · Seed–Series B · 9 people tracked

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Investment thesis

Foreground Capital invests in companies addressing health conditions that affect women directly, differently, and disproportionately. It backs businesses broadly across health segments, including life sciences, digital health, and healthcare services. Its strategy is organized around four impact pillars — transformative innovation, access, affordability, and systemic change — aiming to improve healthcare outcomes for women while delivering competitive financial returns. The firm views women's healthcare as a trillion-dollar market opportunity with potential to strengthen economies and communities.

Invests inBiotech Consumer Digital Health FemTech Healthtech Impact & Social Good Medical Devices Mental Health Wellness & Fitness Boston San Francisco United States

Source: firm website, verified Aug 3, 2026.

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Stage

Seed–Series B

Boston, California, US

Leads rounds

Leads

Instruments

Equity

Founded

2024

Last 12 months

1 investment

AUM

$40M

Tracked investments

Acquisitions

Team · 9 people

from the firm's website & public directories

Elizabeth Bailey· Managing Partner· Greater Bostonin

Co-founder and Managing Partner at Foreground Capital with over 20 years of experience in venture capital and early-stage healthcare. She co-founded and led the precursor RH Capital funds and was previously a Partner at Commons Capital. She serves as board director for Raydiant Oximetry and Testmate Health and board observer for Bloomlife, Cayaba, Mae, and Twentyeight Health, and holds a Masters in Public Policy from Harvard Kennedy School.

elizabeth@foreground.vc

Lisa Hammann· General Partner

Amy Pollack· Independent Consultant and Board Member· New York, New York, United Statesin

Member of the Investment Advisory Committee; independent consultant and board member and former Senior Director at the Bill & Melinda Gates Foundation.

Erika Seth Davies· CEO, Rhia Ventures· Baltimore, Maryland, United Statesin

Member of the Investment Advisory Committee; CEO of Rhia Ventures.

Janice Bourque· Managing Director of Life Sciences, Hercules Capital· Greater Bostonin

Janice Bourque is a board director and strategic advisor serving on multiple public and private company boards and in venture capital advisory roles. Her career in life sciences includes serving as CEO of an industry association in the biotech sector and working in venture funding, as well as prior experience as a CFO. She has held board and advisory positions with public health, educational, and environmental organizations, and focuses on women's health and access to care.

jbourque@htgc.com

Molly Ward· Chief of Staff· Bostonin

Chief of Staff at Foreground Capital with a background in healthcare, operations, and mission-driven innovation. She began her career in global health at Massachusetts General Hospital and has worked across health, wellness, tech, and insurance startups. She holds a BA in Communication from Boston College.

Stacy Feld· Regional Head, Johnson & Johnson Innovation, West North America· Mill Valley, California, United Statesin 𝕏

Member of the Investment Advisory Committee; Regional Head at Johnson & Johnson Innovation, West North America.

Stasia Obremskey· Managing Partner· San Francisco, California, United Statesin

Co-founder and Managing Partner at Foreground Capital who co-founded and led its precursor RH Capital funds. She previously served as CFO for healthcare organizations in the US and Asia and began her career at Bain & Company and Morgan Stanley. She serves as board director for Cadence OTC and board observer for Vitra Labs, Contraline, Gesynta, and YourChoice Therapeutics, and holds an MBA from Harvard Business School.

stasia@foreground.vc

Yvanka de Soysa· Associate· United Statesin

Biomedical scientist turned investor and Associate at Foreground Capital. Previously an Investment Associate at Hevolution Foundation, with experience at 5AM Ventures, Flagship Pioneering, and Harvard's Office of Technology Development. She completed a postdoctoral fellowship at Harvard Medical School and Boston Children's Hospital and earned her PhD at UCSF.

Founder mafia

2 people who came through Foreground Capital went on to found or lead other companies.

Elizabeth BaileyManaging PartnerFounded Foreground Capital Stasia ObremskeyManaging PartnerFounded Foreground Capital

What they invest in

from 26 of 37 portfolio companies

FemTech ×21Healthtech ×19Digital Health ×18Biotech ×10Medical Devices ×9Wellness & Fitness ×4AI & Machine Learning ×3Consumer ×3

HQs:United States×18Canada×1Israel×1Sweden×1United Kingdom×1

Who they back

founder profiles across 22 portfolio companies

45%

solo founders

10 of 22 mapped founding teams

17%

repeat founders

of 24 founders with career history

Founding team size:solo founder×102 founders×73 founders×44+ founders×1

Where their founders studiedfrom 25 founders with education data

Boston University ×3Stanford University ×3UCLA ×3Harvard Business School ×2UC San Diego ×2

What their founders studiedfrom 25 founders with field-of-study data

Engineering ×8Life Sciences ×5Business & Management ×4Economics ×4Finance & Accounting ×3Mathematics & Statistics ×2

Where their founders worked beforefrom 24 founders with career history

Google ×2NeuroBo Pharmaceuticals, Inc. ×2Parsagen Diagnostics, Inc. ×2Predictive VC ×2The National Institutes of Health ×2UC Berkeley ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3 Techstars ×2

6 founders hold a PhD · 6 hold an MBA (of 28 with degree data)

Investments · 37 tracked

founders shown can be your intro path

By year:2026 · 1 2025 · 3 2024 · 1 2022 · 16 dated

Gesynta Pharmagesynta.se in✓ verified

Gesynta Pharma is a pharmaceutical company developing non-hormonal, anti-inflammatory drug candidates that inhibit the mPGES-1 enzyme, with a lead program in endometriosis.

BiotechDigital HealthFemTechMedical DevicesStockholm, SE

Patric Stenberg(Founder)Gunilla Ekström(Founder)in

Co-investorsAmboy Street Ventures Hadean Ventures HealthCap Industrifonden XGEN Venture Catalyze Capital

AOA Dxaoadx.com in 𝕏

AOA Dx develops a blood-based liquid biopsy platform using mass spectrometry and machine learning to detect ovarian cancer at early stages through tumor-associated biomarkers in serum.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesDenver, US

Oriana Papin-Zoghbi(Founder)in Alex Fisher(COO)in Anna Jeter(Founder)inOriana Zoghbi-Harb(Executive Officer, Director)Abigail Mcelhinny(Executive Officer)inRob Mayers(Recruiter)

Co-investorsAlleyCorp Good Growth Capital Joyance Partners Y Combinator Astia Aurum Venture Partners +37 more

Bloom Lifebloom-life.com in 𝕏

Bloomlife is a maternal health company founded after its co-founder experienced a high-risk pregnancy, aiming to improve access to information and change how maternal care is delivered.

Digital HealthFemTechHealthtechSan Francisco, US

Julien Penders(Co-founder)in Eric Dy(Founder)inYoung Sohn(Director)Max Mirgoli(Director)Lucio Lanza(Director)

BoardUriridiakoghene Onovakpuri(Director)

Co-investors15th Rock Act One Ventures GATHER VENTURES Healthtech Capital Nextblue Pallasite Ventures +6 more

Cadence Health Liberate the Pillcadenceotc.com in

Cadence provides over-the-counter contraceptive products including morning-after pills, pregnancy tests, and UTI relief kits distributed through convenience stores.

BiotechConsumerFemTechHealthtechOakland, US

Samantha Miller 🌱(Founder)inRobert Anthony Hosang(Executive Officer, Director)David Malcolm Potts(Executive Officer, Director)Abigail Disney(Director)Timothy Koogle(Director)

Co-investorsBuckhill Capital Gratitude Railroad

Cirqlecirqle.bio in 𝕏

Cirqle is developing a hormone-free, on-demand contraceptive that uses a molecule to reinforce the natural cervical mucus barrier and block sperm.

BiotechDigital HealthFemTech

Frederik Petursson Madsen(Co-founder)in

Co-investorsRhia Ventures

Cofertilitycofertility.com inApr 2025

Cofertility is a fertility company focused on the family-building journey, offering egg freezing, egg donation matching, and related support services to individuals and families.

Digital HealthFemTechHealthtechNew York, US

Lauren Makler(Founder)in Halle Tecco(Founder)in Arielle Spiegel(Founder)in

Co-investorsCoalition Operators Everywhere Ventures How Women Invest Initialized Capital Muse Capital Next Ventures +6 more

Contralinecontraline.com in

Contraline develops new contraceptive and reproductive health technologies, with a focus on male contraception.

BiotechDigital HealthMedical DevicesCharlottesville, US

Kevin Eisenfrats(Founder)inJohn Herr(Founder)

BoardIris Van Alderwerelt van Rosenburgh(Director)Gurdane Bhutani(Director)inMartin J Emerson(Director)Tom Thorpe(Director)

Co-investorsBiotechnology Value Fund MBX Capital Allied Venture Partners Alumni Ventures Amboy Street Ventures Aurum Venture Partners +17 more

Elieli.health in 𝕏Jun 2025

Eli develops and manufactures at-home hormone level tests that collect longitudinal data on daily hormonal patterns.

AI & Machine LearningConsumerDeep TechDigital HealthFemTechWellness & FitnessMontréal, CA

Thomas Cortina(Founder)inMarina Pavlovic Rivas(Founder)

Co-investors2048 Ventures BDC Thrive Venture Fund for Women Cake Ventures Garage Capital IKJ Capital Muse Capital +8 more

Evvyevvy.com 𝕏

Evvy is an AI-powered precision medicine platform using vaginal microbiome testing and analysis to diagnose and treat women's health conditions including vaginal health, fertility, and menopause.

AI & Machine LearningDigital HealthFemTechHealthtech

Priyanka Jain(Founder)inLaine Bruzek(Founder)inPita Navarro(Founder)in

Co-investorsAlumni Ventures Amboy Street Ventures BoxGroup Forerunner Ventures General Catalyst Ingeborg Investments +9 more

Hormone-Free IVFvitra.bio in

Vitra Bio is a biotechnology company developing technology aimed at transforming fertility treatment.

BiotechFemTechHealthtech

Ivana Muncie-Vasic(Chief Executive Officer and Founder)in John Langowski(Chief Technology Officer)in

Co-investorsBreakout Ventures North South Ventures Spacecadet Ventures Boom Capital Ventures Refactor Capital

Maemeetmae.com in

Mae provides community-based doula support and maternal health education for pregnant people, integrating with insurance and Medicaid to match mothers with doulas and care coordinators.

Digital HealthFemTechHealthtechNew York City, US

Maya Hardigan(Founder)in

Co-investorsAstia Bright Ventures Joyance Partners Jumpstart Nova Social Starts SteelSky Ventures+5 more

Milliemillieclinic.com in 𝕏

Millie Clinic provides comprehensive maternity and gynecology care through a modern clinic model that integrates in-person visits with digital technology for culturally competent support throughout pregnancy, birth, and postpartum periods.

Digital HealthFemTechHealthtechMedical Devices

Anu Sharma(Founder)Talia Borgo(Founder)Sarah Reynolds(Founder)

Co-investorsAmboy Street Ventures BBG Ventures Coyote Ventures Ingeborg Investments Joyance Partners TMV+4 more

Milliegomillie.com 𝕏Feb 2025 · $12M

Millie provides services and opportunities for military members to help each other reduce the stress of relocating during military moves.

ConsumerMarketplacesPropTech

Co-investorsMoonshots Capital Amboy Street Ventures BBG Ventures Chai Ventures Coyote Ventures Ingeborg Investments +5 more

Nadia Carecayabacare.com in

Nadia Care provides maternity support during pregnancy and after birth, pairing members with maternity coaches and a care team for prenatal, labor, feeding, nutritional, mental health, and postpartum help.

Digital HealthFemTechHealthtechWellness & Fitness

Olan Soremekun(Founder)Kit Dobyns(Founder)

Co-investorsFlare Capital Partners Kapor Capital Sana Capital Seae Ventures SteelSky Ventures Wellington Management

Neuspera Medical, Inc.neuspera.com in 𝕏

Neuspera Medical develops an integrated sacral neuromodulation (iSNM) system that implants a smart neurostimulator near the sacral nerve to treat urinary urge incontinence, a symptom of overactive bladder.

BiotechHealthtechMedical DevicesSan Jose, US

Alexander Yeh(Founder)in Milton M. Morris(Executive Officer, Director)inDave Van Meter(Chief Executive Officer)Steve Paul(Chief Commercial Officer)in

Co-investorsAlumni Ventures Cerity Partners Ventures Portfolia Treo Ventures, Llc Windham Capital Partners Action Potential Venture Capital Ltd.+2 more

Novocuffnovocuff.com inJun 2024

Novocuff is a medical device company developing the Novocuff Cervical Control System, an investigational device aimed at improving outcomes for pregnancies affected by preterm prelabor rupture of membranes (PPROM) or cervical shortening.

FemTechHealthtechMedical DevicesMountain View, US

Donald Lee(Executive Officer)in Amelia Degenkolb(Executive Officer, Director)in

BoardLilly DeSouza Burr(Director)Curt LaBelle(Director)Rebecca Shmukler(Director)inShacey Petrovic(Director)in

Co-investorsAvestria Ventures Laerdal Million Lives Fund Global Health Investment Fund Tullis Health Investors

NURXnurx.com in 𝕏Acquired

Nurx provides accessible and affordable medications and tests through a digital health platform designed for everyone.

Digital HealthDirect to ConsumerFemTechHealthtechWellness & FitnessNew York City, US

Edvard Engesaeth(Founder)in Varsha Rao inHans Gangeskar(CEO)Emily Le(Recruiting Coordinator)Lindsey Spice(Talent Acquisition Operations Manager)Tommy Koo(Product Designer)

Co-investorsAlumni Ventures Comcast Ventures Dreamers VC Fifty Years Garage Capital Kleiner Perkins +16 more

Oconmedoconmed.com in

OCON Medical develops intrauterine devices for gynecological conditions, including non-hormonal contraception and treatments for abnormal uterine bleeding.

BiotechFemTechHealthtechMedical Devices

Ilan Baram(MD, Inventor of the IUB®)Keren Leshem(Chief Executive Officer)in

Co-investorsAstia Pontifax Venture Capital

Ovia Healthoviahealth.com in 𝕏acquired by Labcorp

Ovia Health provides digital health tools and clinical programs for reproductive and family health, including fertility, pregnancy, and parenthood support.

Digital HealthFemTechHealthtechWellness & FitnessBoston, US

Alex Baron(Founder)in

Co-investorsBoutique Venture Partners Lightbank LionBird Martin Ventures Sidekick Partners Techstars

Raydiant Oxymetryraydiantoximetry.com in

Raydiant Oximetry is developing technology to reduce complications and emergency interventions during childbirth.

Digital HealthFemTechHealthtechMedical DevicesSan Ramon, US

Neil P. Ray(Executive Officer, Director)in Michael Nagel(Chief Executive Officer)in

BoardCharles McDonald(Director)John Maroney(Director)

Co-investorsAvestria Ventures Band of Angels FemHealth Ventures SteelSky Ventures Tri-Valley Ventures Bill & Melinda Gates Foundation +6 more

seven starlingsevenstarling.com in 𝕏

Seven Starling provides virtual mental healthcare and psychiatric support for women experiencing anxiety, depression, or trauma related to fertility, pregnancy, pregnancy loss, postpartum, early parenthood, and menopause.

Digital HealthFemTechMental Health

Tina Keshani(Founder)inSophia Richter(Founder)inTina Beilinson(Founder)

Co-investorsBand of Angels Dorm Room Dria Ventures Expa Graham Walker Venture IT-Farm Corporation +10 more

SimpliFedsimplifed.us inApr 2026 · $10M

SimpliFed provides a maternal health operating system delivering virtual care and support for parents during pregnancy, postpartum, and baby feeding.

Digital HealthFemTechHealthtechIthaca, US

Andrea Ippolito(Executive Officer, Director)in

Board Cat Hernandez(Director)Stephen Bruso(Director)

Co-investors3CC | Third Culture Capital Elizabeth Street Ventures TBD Angels The Artemis Fund The Venture Collective Waterline Ventures +1 more

Thirty Madisonthirtymadison.com

Astoria, US

Demetrius Michael Karagas(Executive Officer, Director)Steven Gutentag(Founder)inDemetri Karagas(Founder)

Board Rebecca Kaden(Director)in

Co-investorsAlpha Partners Alumni Ventures Comcast Ventures Connetic Ventures CVS Health Ventures Evolution VC Partners +18 more

Twentyeight Healthtwentyeighthealth.com in

Twentyeight Health is a telehealth service that lets users complete an online medical questionnaire reviewed by a licensed provider, who writes prescriptions for sexual and reproductive health needs and mails medication directly to patients.

Digital HealthDirect to ConsumerFemTechBrooklyn, US

Amy Fan(Co-founder)in Bruno Van Tuykom(Co-founder)in

Board WES BARTON(Director)in ARIANNE KIDDER(Director)in

Co-investorsAglae Ventures Alumni Ventures Data Tech Dorm Room Fairhaven Capital Partners Great Oaks Venture Capital +11 more

Women of Wearableswomenofwearables.com in 𝕏

Women of Wearables is a global community organization that connects women and allies working in health technology, digital health, and women's health across 50+ countries.

Digital HealthFemTechHealthtechLondon, UK

Marija Butkovic(Founder and CEO)in Anja Streicher(CMO)in

YourChoiceyourchoicetx.com

YourChoice Therapeutics is developing YCT-529, a non-hormonal oral contraceptive for men currently in Phase 2 clinical trials.

BiotechFemTechHealthtech

Akash Bakshi, MSc(Co-founder & CEO)Nadja Mannowetz, PhD(Co-founder & CSO)

Co-investorsBlue Bear Ventures Civilization Ventures Management, Llc Future Ventures North South Ventures Portfolia Olive Tree Capital +1 more

YourChoice Therapeuticsychoicetx.com inSeries A

YourChoice Therapeutics develops YCT-529, a non-hormonal oral contraceptive for men currently in Phase 2 clinical trials that works by blocking a receptor essential for sperm production.

BiotechHealthtechMedical DevicesSan Francisco, US

Akash Bakshi(CEO)inNadja Mannowetz(Founder)inAndrew Bartynski(COO)Polina Lishko

Co-investorsBlue Bear Ventures Olive Tree Capital Portfolia Y Combinator 8VC Capitoria +10 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AOACadence OTCCayabaCluefoundational researchGesyntaMichigan MedicinePlaneraTestmate HealthVitra Labs

Exits · 2

2 acquisitions · showing 1

Ovia Healthacq. by Labcorp

Portfolio news

latest coverage across their companies

Evvy Raises $40M Series B to Expand Precision Women’s Health Platform | citybiz

Evvy · citybiz.co · Sep 16, 2026

English – Ovia Health

Ovia Health · oviahealth.com · Apr 20, 2026

SimpliFed Raises Over $10 Million in an Oversubscribed Series A to Expand SimpliFed’s Maternal Health Ecosystem

SimpliFed · globenewswire.com · Apr 7, 2026

What Industry Leaders and Journalists Are Saying About Cofertility - Cofertility

Cofertility · cofertility.com · Mar 14, 2026

Eli Health Raises $12M USD Series A

Eli · eli.health · Jun 10, 2025

Frequently asked questions

How many investments has Foreground Capital made?: Foreground Capital has 37 tracked investments, 2 of which have exited, including 4 dated in the last 24 months.
What stage does Foreground Capital invest at?: Foreground Capital invests at the Seed, Series A, Series B stages.
What sectors does Foreground Capital focus on?: Foreground Capital focuses on Biotech, Consumer, Digital Health, FemTech, Healthtech, Impact & Social Good, Medical Devices, Mental Health, Wellness & Fitness.
Where is Foreground Capital located?: Foreground Capital is headquartered in Boston, US.
Does Foreground Capital lead rounds?: Yes, Foreground Capital leads investment rounds.
Who does Foreground Capital co-invest with?: Foreground Capital most often shares deals with Alumni Ventures, Amboy Street Ventures, SteelSky Ventures, among 170 tracked co-investors.

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