Fundraising Fox

Health Velocity Capital

Venture capitalActively deploying

San Francisco · Seed–Late Stage · 31 people tracked

Also known as Health Velocity Capital Executive Network · Health Velocity Capital IVX Special Situation

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Investment thesis

Health Velocity Capital invests exclusively in innovative healthcare software and services businesses, aiming to help build a more affordable, sustainable, and consumer-friendly healthcare system. The firm partners with entrepreneurs creating entirely new markets and backs companies positioned to become market leaders. Its principals bring more than 25 years of experience financing and building healthcare industry 'firsts.' The firm describes itself as purpose-driven, guided by a clear mission and core values, seeking to generate strong financial returns while serving as the preferred innovation partner for entrepreneurs and co-investors advancing healthcare transformation.

Invests inDigital HealthHealthtechSaaSSan FranciscoSan MateoUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
San Francisco, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2017
Last 12 months
1 investment
Tracked investments
5

Team · 31 people

from the firm's website & public directories
Ben Leedle· Founding Advisory Board Member
David Felsenthal· Founding Advisory Board Member
David Shulkin· Founding Advisory Board Member
Frank Williams· Founding Advisory Board Member
Lew Trowbridge· Founding Advisory Board Member
Mark Smith· Founding Advisory Board Member
Mick Murray· Founding Advisory Board Member
Mike Weissel· Founding Advisory Board Member
Alex Egg-Krings· Director of Diligence
Brad Fluegel· Advisor

Former SVP of Healthcare Commercial Market Development at Walgreens.

Dena Bravata· Advisor

Physician and former co-founder and CMO of Lyra; former CMO and Products lead at Castlight.

Doug Ghertner· Advisor

CEO of IVX Health and former SVP at CVS Health.

Fawad Butt· Advisor

CEO of Penguin Ai.

Julie Foster· Chief Administrative Officer
Kai Jones· Senior Associate
Ken Goodhue· Chief Financial Officer
Kent Marquardt· Advisor

Former Chief Financial Officer at Premera Blue Cross.

Morgan Putty· Executive Assistant
Rick Jelinek· Advisor

Former EVP at CVS Health, former EVP of Strategy at Aetna, and former CEO of Optum.

Sally Welborn· Advisor

Former SVP of Benefits at Walmart and at Wells Fargo.

Scott Powder· Advisor

Former Chief Strategy Officer at Advocate Aurora Health.

Tamara Ward· Advisor

Founder and Principal of The Collective Advisory.

What they invest in

from 4 of 5 portfolio companies

Healthtech ×4B2B Marketplaces ×1SaaS ×1

HQs:United States×4

Investments · 5 tracked

founders shown can be your intro path

By year:2025 · 12019 · 22016 · 14 dated

Greater Good Healthcare Inc.Dec 2025SEC filingmedium confidence

HealthtechEl Segundo, US

Michael Grover(Chief Financial Officer)Derek Chao(Director)Carol DeVol(Director)Sylvia Hastanan(Chief Executive Officer, President, Treasurer and Secretary)Victor Lanio(Director)Word Peake(Director)

Board seatKristin Torres MowatKristin T. Mowat· per SEC Form D · $20.6M raise · filed Dec 2025

IVXpressJul 2019SEC filingmedium confidence

HealthtechOverland Park, US

James Lippert(Director)Steven Parks(Executive Officer)Bruce Crosby(Director)Donald Peterson(Executive Officer, Director)Michael Fiore(Director)

Board seatMarty Felsenthal· per SEC Form D · $27.5M raise · filed Aug 2019

OnShift, Inc.Mar 2016SEC filingmedium confidence

Cleveland, US

Board seatMarty Felsenthal· per SEC Form D · $18.1M raise · filed Jul 2018

Three Oaks HospiceMay 2019SEC filingmedium confidence

HealthtechDallas, US

Diane Daych(Director)Mark Brooks(Director)David Fitzgerald(Director)Richard R. Burnham(Director)Bruce Crosby(Director)Andrea Bohannon(Executive Officer, Director)

Board seatBruce Crosby· per SEC Form D · $21.2M raise · filed Jun 2019

Torch Dentaltorchdental.comin

Torch Dental is an all-in-one supply management platform that enables independent dental practices to consolidate ordering from multiple vendors into a single interface, manage inventory, and leverage collective buying power to reduce costs by an average of 16%.

B2B MarketplacesHealthtechSaaS

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 Health Velocity Capital invest at?
Health Velocity Capital invests at the Seed, Late Stage stages.
What sectors does Health Velocity Capital focus on?
Health Velocity Capital focuses on Digital Health, Healthtech, SaaS.
Where is Health Velocity Capital located?
Health Velocity Capital is headquartered in San Francisco, US.
Does Health Velocity Capital lead rounds?
Health Velocity Capital typically participates in rounds rather than leading them.

Images

Health Velocity Capital photo

Co-investors · 8

Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

$5M – $100M
Founder Collective

Founder Collective is an early-stage venture capital firm focused on seed and pre-seed investments across all sectors.

B Capital Group

B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.

$10M – $50M
Giant Ventures Global Llp

Giant Ventures is a venture capital firm investing across sectors including AI, climate, health, energy and fintech, and also incubates some of its own companies. Its portfolio spans roughly 48+ companies across the US and Europe.

$2M
firstminute capital

firstminute capital is an early-stage European venture fund that backs founders at inception, providing the first institutional cheque into companies building global technology across AI and deep tech.

$1.3M – $3.8M
Chicago Ventures

Chicago Ventures is an early-stage venture capital firm that partners with founders in industries it views as overlooked, writing high-conviction checks and taking board seats.

$250K – $1M
Silversmith Capital Partners

Silversmith Capital Partners is a growth equity firm that partners with entrepreneurs in the technology and healthcare sectors, providing capital and long-term partnership.

$20M – $125M
BlackWood Ventures

BlackWood is a European venture capital firm headquartered in Copenhagen that backs founders across Europe, offering capital alongside access to its 1,000+ member angel investor network.

$22K

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

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