Headwater Ventures
Venture capitalActively deployingMinneapolis Β· Pre-SeedβSeed Β· 1 people tracked
Investment thesis
Headwater targets preseed and seed teams building infrastructure and intelligence that improve healthcare delivery by making care administratively simpler, clinically safer, and financially transparent. The firm focuses on companies that serve as connective tissue between payers, providers, patient access, and operational workflows, with particular emphasis on systems that become embedded within regulated healthcare environments. The firm explicitly does not invest in pharma, biotech, medical devices, or life sciences.
Source: firm website, verified Jul 21, 2026.
Team Β· 1 people
from the firm's websiteA behavioral scientist and mental health professional with experience as a serial healthtech founder and healthcare systems operator, Miller previously led digital health accelerators for Techstars and UnitedHealth Group and has built an investment portfolio spanning over 200 startups focused on health system improvement.
What they invest in
from 18 of 40 portfolio companiesHealthtech Γ16Digital Health Γ12AI & Machine Learning Γ8Enterprise Software Γ6SaaS Γ4InsurTech Γ2B2B Marketplaces Γ1Cloud Computing Γ1
HQs:United StatesΓ7
Investments Β· 40 tracked
founders shown can be your intro pathRadical Health develops technology in the medical and healthcare sector. The company is led by a founder with expertise in mathematical oncology and mathematics.
AI & Machine LearningDigital HealthHealthtech
Simone Korsgaard Jensen(Founder & Chief Executive Officer)
Andy is an AI-powered ambient scribing platform for home health agencies that automates clinical documentation, compliance checks, and medical coding. The system captures patient visits through voice, generates charts in real time, and integrates with existing electronic medical records systems.
AI & Machine LearningHealthtechSaaSSan Francisco, US
Tiantian Zha(Founder)in
Credo Health is an AI-powered SaaS platform that helps physicians, medical service organizations, accountable care organizations, and health plans with patient diagnosis and treatment. The company serves organizations navigating value-based care models.
AI & Machine LearningDigital HealthSaaS
Cured builds cloud-based enterprise software for healthcare organizations to modernize operations and improve patient and employee experiences. The company provides technology solutions that enable healthcare providers and payers to execute strategic initiatives through agile, consumer-grade platforms.
AI & Machine LearningCloud ComputingDigital HealthEnterprise SoftwareHealthtechMarketing Tech
Andrew(Co-Founder and Chief Executive Officer)Ashmer(Co-Founder and Chief Technology Officer)Rohit(Co-Founder and Chief Customer Officer)
Develop Health automates prior authorization and benefit verification for healthcare providers across EHRs and payers, while providing access intelligence to pharmaceutical manufacturers. The platform connects patients with prescribed treatments by eliminating delays in the prescription fulfillment process.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtech
Mel van Londen(Co-Founder & CEO)Ben Easton(Co-Founder & CTO)
Ferrum Health develops AI accountability solutions, though the specific products and customer base are not detailed on the company page.
AI & Machine LearningDigital HealthEnterprise Software
Gather Health provides primary care services with integrated social and home-based support for older adults in underserved communities. The company operates physical centers that combine medical care with community programs focused on connection, education, and wellness.
Digital HealthHealthtech<UNKNOWN>, US
Glass Health provides an AI platform that assists clinicians in generating diagnostic hypotheses and developing treatment plans.
AI & Machine LearningHealthtechSaaS
Helm Health provides benefit design and member engagement tools for health plans, incorporating cost and quality data into coverage decisions, bundling claims into transparent pricing, and offering provider search functionality.
Enterprise SoftwareHealthtechInsurTechSan Francisco, US
MEDZOOMER operates an on-demand prescription delivery platform that connects patients with pharmacies to enable remote access to medications. The service is designed for pharmacies, delivery partners, and patients seeking secure, compliant prescription fulfillment and delivery.
Digital HealthHealthtechLogistics & Supply ChainMedical DevicesTampa, US
Marvin Kloss(CEO/Founder)Mark Hammonds(Chief Technology Officer)Ilirian Ameti(Chief Financial Officer)Justin Erro(VP of Growth)
Mirza is a software platform that automates benefits enrollment and eligibility verification for public assistance programs like Medicaid, SNAP, and childcare subsidies. It serves state agencies, health plans, health systems, and employers to help keep people continuously enrolled in benefits they qualify for.
GovTechHealthtech
Nice Healthcare provides on-demand primary care and health services that come to patients' locations, aiming to reduce costs and improve accessibility compared to traditional clinic-based care.
Digital HealthEnterprise SoftwareHealthtech
Photon Health operates a prescription marketplace that connects patients with pharmacies, displaying real-time pricing, availability, and fulfillment options before prescriptions are routed. The platform addresses supply chain efficiency and patient choice in the healthcare prescription fulfillment process.
B2B MarketplacesHealthtechSaaS
Piction Health provides remote dermatological care, connecting patients with expert dermatologists for skin, hair, and nail concerns through online consultations and personalized treatment plans.
Digital HealthHealthtech
Rezilient Health provides primary and specialty care to employers and their families through a combination of in-person CloudClinics and telehealth services for a single flat fee. The company serves employers looking for an alternative to traditional health insurance with a focus on delivering accessible, coordinated care.
Digital HealthEnterprise SoftwareHealthtechWellness & FitnessSt. Louis, US
Dr. Danish Nagda(Founder and CEO)Danish Nagda(Founder & CEO)Jeff Gamble(Founder & COO)
Tembo Health provides care coordination and management services for seniors, particularly those with chronic conditions and dementia. The platform aims to simplify the healthcare journey for older adults by improving access to physicians and streamlining chronic disease management.
Digital HealthHealthtechLongevity
Dr. Emily Lu(Family medicine physician specializing in geriatrics and dementia care)Amy House(Certified Dementia Practitioner, Licensed Assisted Living Director)Anurag Gupta(CEO and founder)
Frequently asked questions
- What stage does Headwater Ventures invest at?
- Headwater Ventures invests at the Pre-Seed, Seed stages.
- What sectors does Headwater Ventures focus on?
- Headwater Ventures focuses on Data & Infrastructure, Digital Health, Enterprise Software, Healthtech.
- Where is Headwater Ventures located?
- Headwater Ventures is headquartered in Minneapolis, US.
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