Town Hall Ventures

Town Hall Ventures is a prominent U.S. healthcare-sector-specialist venture capital firm based in New York City, New York with an additional office in Minneapolis, Minnesota. The firm was founded in 2018 by Co-Founders and General Partners Andy Slavitt (former Acting Administrator of the Centers for Medicare & Medicaid Services [CMS] under President Obama; former senior advisor to the Biden-Harris administration on COVID-19; prominent U.S. healthcare-policy voice), David Whitlinger, and Trevor Price. Town Hall Ventures invests in healthcare-technology and healthcare-services companies serving historically underserved populations aEUR" particularly Medicare, Medicaid, dual-eligible beneficiaries, and low-income communities aEUR" with a thesis of value-based care, social-determinants-of-health innovation, and care-delivery-model transformation. The firm has raised multiple institutional funds (Town Hall Ventures I in 2018, Town Hall Ventures II in 2021 at USD 350 million) with aggregate AUM in the USD mid-hundreds of millions range, typically investing at Series A through Series C stages with initial check sizes in the USD 5 to 20 million range. Notable portfolio companies include Cityblock Health (community-health unicorn serving Medicaid populations), Galileo (virtual-care for underserved), Biofourmis (precision-medicine), Vida Health, Included Health (formerly Grand Rounds + Doctor on Demand merger), Unite Us (social-care coordination), and other value-based-care and health-equity-focused companies.