Town Hall Ventures

72 Greene Street
New York, NY 10012

Firm Size

• Assets Under Management (AUM):$919 Million
• Number of Funds:3
• Employees:
• Firm Type:Venture Capital
• Focus Areas: Software & Technology
  Services
  Healthcare
  

Description

Town Hall Ventures, LLC is a venture capital firm based in New York, NY. The company specifically focuses on investing in and supporting healthcare technology and services companies that aim to address the needs of low-income and underserved populations. With a mission to drive positive change in the healthcare sector, Town Hall Ventures seeks to improve access to high-quality and affordable healthcare for all. The firm was established in 2018 by co-founders Andy Slavitt, David Whelan, and Trevor Price, who together bring a wealth of expertise and knowledge in healthcare, entrepreneurship, and finance. Slavitt, a former acting administrator of the Centers for Medicare and Medicaid Services (CMS) under the Obama administration, leads the firm as a Managing Partner. Town Hall Ventures takes a unique approach to investing by not only providing financial capital but also offering hands-on support and strategic guidance to their portfolio companies. By leveraging their extensive network and industry experience, the firm helps entrepreneurs navigate the complex healthcare landscape, enhance their business models, and scale their impact. In terms of investments, Town Hall Ventures targets early to growth-stage companies that demonstrate strong potential to disrupt and innovate the healthcare industry. They seek out ventures that utilize technology and data analytics to improve patient outcomes, reduce costs, and enhance the efficiency of healthcare delivery. The firm particularly focuses on opportunities in areas such as primary care, behavioral health, social determinants of health, and value-based payment models. Overall, Town Hall Ventures is committed to fostering innovation and driving positive change in the healthcare sector. Through their strategic investments and support, they aim to contribute to the advancement of accessible, equitable, and high-quality healthcare for all individuals, especially those from underserved communities.

Latest News

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Mar 27, 2024: Kaiser Permanente and Town Hall Ventures launch Habitat Health
Kaiser Permanente and Town Hall Ventures today announced the launch of Habitat Health, an organization designed to help older adults overcome the challenges of aging at home. Operating as a Program of All-Inclusive Care for the Elderly, Habitat Health will support its participants to live independently in their homes and communities with comprehensive care leading to better health outcomes. The company will serve older adults in partnership with local care partners, beginning first in California with Kaiser Permanente, and then nationally.

Oct 05, 2023: Connections Health Solutions Announces New Growth Financing to Expand Access to Life-Saving Behavioral Health Crisis Care
Connections Health Solutions , the leading innovator in immediate-access behavioral health crisis care, today announced the closing of a $28 million growth financing raise led by Town Hall Ventures, a firm that invests in healthcare solutions for underserved communities, with participation from existing investor, Heritage Group. The Company will use the funds to accelerate new market entry, meeting community demand for value-based mental health crisis services.

Aug 22, 2023: Thyme Care Secures $60M Series B to Scale Cancer Care Beyond the Clinic


Jul 17, 2023: Torch Dental is digitizing the $20B+ dental supply chain with a new approach to B2B marketplaces
  Torch Dental , the digital all-in-one dental supply partner for dental practices, announced its latest funding round of $28M which brings total funding since inception to approximately $40M . The Series B investment was led by Health Velocity Capital with participation from existing investors Bessemer Venture Partners, which led previous financing rounds, FJ Labs, Felicis Ventures, Tectonic Ventures, Raga Partners, Town Hall Ventures among other investors.