Jumpstart Nova launches as first venture fund to invest exclusively in Black founded and led health care companies in the U.S.
FROM JUMPSTART HEALTH INVESTORS • January 12, 2022 • Jumpstart Health Investors, alongside leading limited partners, announce the launch of Jumpstart Nova, the first venture fund in America to invest exclusively in Black-founded and led companies at the forefront of health care innovation. Oversubscribing the initial $30 million goal, the $55 million fund will invest exclusively in Black founder-led health care companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness.
Backed with the credibility of health care industry leaders, Jumpstart Nova investors and strategic health care partners include: Eli Lilly and Company, HCA Healthcare, Cardinal Health, Atrium Health, Henry Ford Health System, LHC Group, Meharry Medical College and American Hospital Association. In addition, the fund launched with partners Bank of America, Pinnacle Financial Partners, FirstBank, Ingram Industries, Truxton Trust and Vanderbilt University.
Learn more about the parntership and how Jumpstart Nova is working to increase equity in the health care venture space.