Hot Life Science Investor Mandate 2: Social Impact Angel Group Seeking Investments in Medical Technology and Healthcare IT

13 Aug

An angel network focused on social impact investing with chapters throughout the United States is currently looking for investments in healthcare. The group typically participates in seed and series A raises of $300,000-$1.5 million, but may take part in raises of up to $3 million. In general the group only considers opportunities in the USA and Canada, but the group will also consider global health companies located in the developing world.

The Group is open to opportunities in several industries, including healthcare technologies. The group does not invest in biotech drug development, but is interested in medical technology companies with lower capital requirements and a shorter path to commercialization. The group generally invests in companies that have completed product development and have a product on the market. The group is particularly interested in global health companies that are developing last-mile solutions for delivering healthcare in the developing world. Companies developing a product that is not regulated by the FDA, including consumer health, healthcare IT and lab equipment/lab software companies are more likely to be of interest.

The group typically invests in companies that have revenues, or which can demonstrate user traction among free users eg. via a successful trial or partnership.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com

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