Define Ventures: Company Research Report

Company Overview

• Name: Define Ventures

• Mission: Partnering with entrepreneurs to define healthcare by leveraging unparalleled expertise, enduring partnerships, and a principled approach.

• Founded by: No specific information available on the founder.

• Key People:

• Lynne Chou O'Keefe - Founder & Managing Partner

• Bruce Broussard - Venture Partner

• Frank Williams - Venture Partner

• Chirag Shah - Partner

• Hong Truong - Principal

• Chuka Esiobu - Principal

• Garrett Howard - Senior Associate

• Karsten Vagner - Head of People

• Tamar Rudnick - Head of Partnerships

• Allison Hoffman - Head of Marketing

• Shannon Knous - VP of Finance & Operations

• Headquarters: Silicon Valley

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Define Ventures is one of the largest funds focused on early-stage health tech companies. They hold a principled approach to building impactful companies and have created enduring partnerships within the healthcare industry.

Products and Services

Overview

Define Ventures does not offer specific products. Instead, they are a venture capital firm focusing on investments in early-stage health tech companies. They partner with companies that are redefining healthcare, leveraging technology to push the boundaries of what is possible.

Recent Developments

• Partnerships and Engagements:

• The firm has built strong partnerships with several category-defining companies.

• High profile partnerships include companies such as Hims & Hers, Unite Us, Cohere Health, and FOLX Health. Each aims to redefine healthcare or wellness in significant ways.

• Recent Hiring:

• Bruce Broussard was welcomed as a Venture Partner on October 22, 2024.

• Tamar Rudnick joined as Head of Partnerships on October 7, 2024.

• Event Participation:

• Hosted the JPM Payer Forum with OpenAI's Greg Brockman on January 8, 2024.

• Participation in the 2025 HLTH Conference to further discuss innovations in healthcare.

• Prominent Discussions on AI in Healthcare:

• Participated in discussions exploring AI's impact on healthcare with Jia Li, AI Advisor, on May 23, 2024.

• Coverage in multiple news outlets regarding the role of AI in healthcare and Define Ventures' strategic perspectives.

• Strategic Insights:

• Define Ventures has shared insights into "Health Tech's Defining Decade," assessing the scalability, efficiency, and sustainability of health tech as a transformative force in healthcare.

Additional Information

Define Ventures engages in multiple stages of investment including incubation, seed, Series A, and Series B, and has six funds with a total AUM of $800 million. They have a reputation for helping their portfolio companies secure additional funding, reporting an aggregate of $1.6 billion raised in new capital as a result of their initial investments.

Their involvement goes beyond financial sponsorship, actively aiding their portfolio companies in gaining market traction and building high-performing teams.

Conclusion

Define Ventures stands out as a pivotal venture capital firm in the healthcare technology space, driving innovation through strategic investments and partnerships. They have consistently supported companies that challenge the conventional, furthering a mission to significantly reshape the landscape of healthcare through a forward-thinking and technology-driven lens.