Risk capital company Abundant Venture Partners has launched an abundant platform to help startup companies to collaborate with providers.
The platform will be offered through the company’s venture studio, that Helps to get startups in health care commercial traction, connect to goalkeepers, to form partnerships and receive support for strategic operations.
Abundant Venture Studio members have access to the abundant alliance, a network of health systems that are committed to development and investments, as well as abundant venture funds that companies that have shown that they can solve problems for provider organizations.
Abundant Venture Studio offers companies Series A Venture financing to help their business scale.
Members of the health system of the abundant platform play a key role as co-developers, early adopters and coordinated owners of the startups.
According to the company, the platform is supported by 17 companies in the health provider, including Christianacare, Kettering Health, Medical University of South Carolina, Lurie Children’s Hospital in Chicago, Medstar Health and Sharp Healthcare.
“Health systems have taken unnecessary risk and are not adequately rewarded for their work with early phase companies,” Harry Kirschner, CEO of Abundant Alliance, said in a statement.
“After decades responding to the market and choosing which new innovations to ‘bet’, care providers can now sit in the driver’s seat and work closely with their colleagues to take the risk and to accelerate the operational and sharing impact of work with early stages.”
The larger trend
Another venture capital company that works directly with health systems is General Catalyst’s Health Assurance Transformation Corp. (Hatco), who signed a final agreement in 2024 to buy Summa Health for $ 485 million.
Summa Health is a non -profit health care system with more than 30 locations in the Akron and Canton, Ohio areas.
General catalyst is closed in the same year $ 8 billion in new capital, including $ 6 billion for its Fund XII fund and $ 2 billion in separately managed accounts.
The $ 8 billion increased the investments of the company in various sectors, including defense and intelligence, climate and energy, AI, industry, health care and fintech.
The company divided $ 4.5 billion in its core -VC funds aimed at sperm and growth bags about its inflammatory strategies, endurance and healthcare; $ 1.5 billion for his creation strategy; and $ 2 billion for separately managed accounts.
#Abundant #Venture #Partners #reveal #platform #startups