New fund powers Redesign Health's venture building alongside exceptional founders
Redesign Health, a venture builder that empowers founders to launch and scale transformative healthcare companies, today announced it closed a $175 million investment for a new fund that will fuel healthcare company creation. Investment in the fund includes participation from Declaration Partners, Euclidean Capital, and True North Advisors.
Since 2018, Redesign Health has supported founders in launching more than 60 companies that have touched the lives of over 15 million patients and generated >$1 billion of revenue. With this latest fund, the company plans to partner with founders who are committed to transforming healthcare at a point of inflection for the industry.
"Healthcare founders today benefit from unprecedented tailwinds. AI, aligned payment models, patient demand for better care, and unsustainable cost pressures set the stage for generational value creation and social impact," said Brett Shaheen, Founder and CEO of Redesign Health. "At the same time, building healthcare companies is really hard. Founders encounter opaque value chains, complex regulations, long sales cycles, and almost no tolerance for error. We built Redesign to help founders overcome these challenges and capture a historic opportunity to accelerate innovation in service of patients."
Redesign Health’s distinctive venture-building model empowers founders to overcome the complex challenges of healthcare innovation. Working collaboratively with founders across all stages of their journey, Redesign Health provides comprehensive support across three key areas. The company offers deep institutional knowledge and hands-on support for ideation and diligence, powered by proprietary research tools and a vast network of industry experts. Its platform accelerates commercial traction through pre-existing relationships with hundreds of healthcare companies and scalable demand generation systems. Additionally, founders benefit from comprehensive execution support, including an engaged founder community, extensive investor and talent networks, and healthcare-specific operational expertise.
Redesign Health is focused on launching companies in eight key areas where innovation can drive the greatest impact:
- Addressing the healthcare labor shortage
- Accelerating value-based and longitudinal care
- Advancing healthcare interoperability
- Preparing for an aging population
- Eliminating barriers to health equity
- Expanding sites of care
- Growing the insured population
- Driving healthcare personalization and consumerization
Healthcare is at an inflection point. Recent advances in AI, data integration, and software development have created a generational opportunity to transform care delivery, drive operational efficiency, and improve patient outcomes. Redesign Health is uniquely positioned to help founders take advantage of these opportunities and plans to use its new funding to support the launch of dozens of companies over the next few years.
About Redesign Health
Redesign Health is a venture builder that empowers founders to launch and scale transformative healthcare companies. We help founders overcome the unique challenges of healthcare innovation with an ecosystem and suite of capabilities supporting ideation and diligence, commercial traction, and execution. Since 2018, we have supported founders in launching more than 60 companies that have touched the lives of over 15 million patients and generated >$1 billion of revenue.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241212128956/en/
Contacts
Media Contact
Kate Cory
kate.cory@redesignhealth.com
