Fundraising Fox

PACE Healthcare Capital

Venture capital

Chicago · Seed–Series B · 18 people tracked

Also known as PACE HEALTHCARE CAPITAL MANAGEMENT, LLC

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Investment thesis

PACE Healthcare Capital invests in digital health and healthcare technology companies built on software, AI, or ML (explicitly excluding medtech and life sciences). It targets companies with experienced, diverse leadership teams and demonstrated commercial traction, typically raising a late Seed, Series A, or Series B to reach scale. Initial checks run $1M to $4M with substantial follow-on capital available, and the firm can either lead or follow in rounds. Beyond capital, PACE emphasizes hands-on, value-add support, offering strategic, operational, and financial expertise and network connections. The firm stresses inclusive, equitable investing and Midwestern values captured in its name: Performance, Accountability, Collaboration, and Equity.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series B
Check
$1M – $4M
HQ
Chicago, Illinois, US
Leads rounds
Leads
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Private fund assets
$33.6M
VC funds
7
Tracked investments
15

Team · 18 people

from the firm's website & curated & public directories

What they invest in

from 13 of 15 portfolio companies

Healthtech ×8Digital Health ×5Mental Health ×4SaaS ×3AI & Machine Learning ×2EdTech ×2Enterprise Software ×2Marketplaces ×2

HQs:United States×7

Investments · 15 tracked

founders shown can be your intro path

By year:2025 · 12024 · 42018 · 16 dated

AMOpportunitiesamopportunities.orginDec 2024

AMOpportunities operates a clinical training platform that connects medical, MBBS, and nursing students with clinical placements at U.S. and international healthcare sites, offering visa and immigration support.

B2B MarketplacesEdTechHealthtechMarketplacesSaaSTravel & HospitalityChicago, US

Benjamin Bradley(Executive Officer, Director, Promoter)Kyle Swinsky(President, Co-Founder)Daniel Flores(Executive Officer)Kevin Iverson(Executive Officer)John Danaher(Executive Officer)Mamta Patel(Executive Officer)

Board seatJon David Willingham· per SEC Form D

Co-investorsDreamit VenturesChicago Early Growth Ventures (CEGV)HealthX VenturesLaerdal Million Lives FundM25Oui Capital+1 more

Youme Healthcare, Inc.Sep 2025SEC filingmedium confidence

HealthtechElkridge, US

Hafeezah Muhammad(Executive Officer, Director)

BoardRobert Johnson(Director)

Board seatJulia Monfrini Peev· per SEC Form D · $3.5M raise · filed Sep 2025

Alloymyalloy.comin

Alloy is a telehealth service that connects women in midlife and menopause with board-certified, menopause-trained doctors for treatments including hormone therapy, GLP-1 weight care, skincare, sexual health, hair and gut health.

Digital HealthFemTechWellness & Fitness

Anne(Co-founder)Monica(Co-founder)

Co-investorsAmboy Street VenturesEmmeline VenturesKairos HQKinled HoldingSkip Capital

Alloy Health

Telehealth, prescription, and community platform addressing the health of women over 40, including menopause care.

New York, US

Anne Fulenwider(Executive Officer, Director)Monica Molenaar(Executive Officer, Director)

BoardAlex Fiance(Director)

Backpackbackpackbang.comMay 2024 · $14M

Backpack is a peer-to-peer platform that connects travelers with shoppers, allowing travelers to earn money by purchasing and transporting items abroad while shoppers access products from overseas at lower costs by avoiding traditional shipping.

ConsumerMarketplacesNew York City, US

Fahim Aziz(Founder/CEOM)in

Co-investorsLoup VenturesY CombinatorCollab CapitalGenius GuildHopelabPortland Seed Fund+2 more

Backpackbackpack.appin𝕏May 2024 · $14M

Backpack is a crypto application offering futures and spot trading, lending, and a crypto wallet.

Crypto & Web3Fintech

Co-investorsK5 GlobalCollab CapitalGenius GuildHashedHopelabPortland Seed Fund+3 more

Backpack Healthcareyoumehealthcare.cominMay 2024 · $14M

YouMe Healthcare provides mental health therapy and counseling services for children, adolescents, and young adults aged 4 and up.

Digital HealthHealthtechMental HealthElkridge, US

Co-investorsTechstarsCollab CapitalGenius GuildHopelabPortland Seed FundRethink Education

Backpack Healthcarehellobackpack.com

Hello Backpack provides mental health therapy and coaching services for children, teens, and young adults.

HealthtechMental Health

Co-investorsPortfoliaPortland Seed FundRareBreed VenturesStone Mountain VenturesECMC GroupRethink Capital Partners

Calendlycalendly.comin𝕏

Calendly is a scheduling platform that integrates with Microsoft Teams to automatically generate and include Teams video conferencing links in calendar events.

Enterprise SoftwareFuture of WorkSaaS

Tope Awotona(Founder)in

Co-investorsAlumni VenturesAtlanta Tech VillageBasecamp FundCoatue ManagementCVX VenturesFusion+11 more

Conor Walshharvard.eduin

Harvard University is a higher-education and research institution whose schools and faculty conduct medical and scientific research across areas such as chronic disease, public health, and engineering.

BiotechEdTechHealthtech

Co-investorsChanzo CapitalConstruct CapitalMastryPlanet N Group of Companies

Headlightheadlight.healthin𝕏Feb 2018

Headlight provides mental health services in the Western U.S., offering therapy and medication management delivered by licensed clinicians through a care coordination model that emphasizes personalized matching and integrated care.

Digital HealthHealthtechMental HealthWalnut, US

Dr. Manish ShethJason Shen(Executive Officer, Director)Wayne Gerard(Executive Officer, Director)

Co-investorsMatrixMultiplier CapitalEPIC VENTURESFounders

NetCitadelin𝕏Acquired

Proofpoint provides cybersecurity and compliance software that protects organizations' people, data, cloud environments, and email from advanced cyber threats.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Ashan Willy(CEO)Sumit Dhawan(Chief Executive Officer)Rémi Thomas(Chief Financial Officer)Kim Sullivan(Chief People Officer)Mayank Choudhary(EVP and GM, Information Protection, Cloud Security & Compliance Products Group)Tom Corn(EVP and GM, Threat Protection Group)

Co-investorsCrane Venture PartnersDag VenturesElevate VenturesFrazier Healthcare PartnersGamutGlynn Capital Management+12 more

Prenosisprenosis.comin𝕏

Prenosis develops AI-powered precision medicine diagnostics for acute care, built on its Immunix platform and a biobank of clinical data for infection.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Sassy Ladynansrivat.com
Sokyahealthsokyahealth.comin𝕏

Sokya Health (operating as Headlight) provides mental health care including talk therapy, medication management/psychiatry, and Spravato (esketamine) sessions.

Digital HealthHealthtechMental Health

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.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has PACE Healthcare Capital made?
PACE Healthcare Capital has 11 tracked investments, including 1 dated in the last 24 months.
What stage does PACE Healthcare Capital invest at?
PACE Healthcare Capital invests at the Seed, Series A, Series B stages.
What is PACE Healthcare Capital's typical check size?
PACE Healthcare Capital typically writes checks of $1M – $4M.
What sectors does PACE Healthcare Capital focus on?
PACE Healthcare Capital focuses on AI & Machine Learning, Digital Health, FemTech, Healthtech, Mental Health.
Where is PACE Healthcare Capital located?
PACE Healthcare Capital is headquartered in Chicago, US.
Does PACE Healthcare Capital lead rounds?
Yes, PACE Healthcare Capital leads investment rounds.
Who does PACE Healthcare Capital co-invest with?
PACE Healthcare Capital most often shares deals with Gener8tor, Glynn Capital Management, Icon Ventures, among 52 tracked co-investors.

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