HIP

What HIP does

HIP Fund is a private, healthcare-focused venture capital firm operating a collaborative, community-based investment model. The firm aggregates a network of more than 150 investors spanning non-institutional participants (angels, family offices, physicians) and institutional participants (venture firms, health systems, and strategic corporates such as Advocate Health, Sutter Health, Commonspirit Health, Storm Ventures, Teal Ventures, Avestria Ventures, and PACE Healthcare Capital). These investors collectively conduct diligence and make investment decisions in early-stage healthcare startups across medical devices, digital health, and diagnostics.

HIP's portfolio to date includes approximately 17 named companies — including Cooler Heads (FDA-cleared scalp cooling for chemotherapy patients), Sonara (hybrid methadone treatment), Nudj Health (lifestyle medicine), RCE (AI-enabled cardiac wearable), Circular Genomics (Alzheimer's diagnostics), Diasyst, Immertec, Promaxo, OxiWear, MedZoomer, and others — supported by what the firm describes as a "turnkey, full lifecycle venture model" with strategy and execution guidance from industry advisors. The firm does not build or license proprietary technology, AI models, or software platforms; its core capability is deal sourcing, community-driven diligence, and syndication across its curated investor base.

The firm's revenue model follows standard venture capital mechanics — management fees and carried interest on deployed capital — with the website (hip.fund) serving as the primary channel for startup and investor onboarding. Scale signals indicate modest early-stage activity: $1M+ capital deployed to date, 1 confirmed direct investment (Cooler Heads Series A, $11M round, July 2025), 1 investor meeting, and 1 startup invited to present. Public-facing self-description frames HIP as "just getting started," indicating the platform and Fund I are in formation or early deployment phase.

Name

HIP

Legal name

HIP Fund

Website

https://healthinnovationpitch.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

HIP Fund is a healthcare-focused venture capital firm that uses a collaborative, community-based model to source, diligence, and syndicate investments in early-stage healthcare startups across its 150+ investor network.

Ownership category

akta.pro rank

Product category

Venture Capital (Healthcare)

NAICS

Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Impact / Climate & Sustainability CVC (FSANAHAJ)

akta.pro secondary industries

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF), Joint Venture CVC / Consortium Funds (Multi-corporate) (FSANAHAE)

Keywords

• Venture capital
• Healthcare investing
• Startup funding
• Angel investor network
• Portfolio management

Headquarters

HQ city

California

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Venture Capital Returns: HIP generates returns through equity investments in healthcare startups. The firm deploys capital into portfolio companies and realizes returns through exits (acquisitions, IPOs, secondary sales). Revenue is derived from carried interest and management fees typical of venture capital structures.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

HIP Fund is an opportunistic, healthcare-focused venture capital firm that invests equity capital into innovative healthcare startups. The firm curates deal flow through a collaborative ecosystem of 150+ seasoned investors (non-institutional angels, family offices, physicians, plus institutional VCs, health systems, and strategics) who jointly conduct diligence and make syndicated investment decisions. Portfolio companies receive multi-faceted capital deployment plus strategic guidance from healthcare industry titans, supported by an end-to-end white-glove investment process.

Product overview

HIP Fund is an opportunistic healthcare-focused venture capital firm that provides investment services to healthcare startups. Rather than offering a unified software product or platform, HIP operates as a collaborative investment ecosystem connecting non-institutional investors (angels, family offices, physicians) with institutional investors (VCs, health systems, strategics) to conduct collaborative diligence and make collective investment decisions in innovative healthcare startups. The firm's portfolio includes companies across various healthcare sectors including medical devices (such as Cooler Heads Care with its Amma FDA-cleared scalp cooling device), digital health platforms (Sonara, Nudj Health), diagnostics (Circular Genomics), and various other healthcare technology companies.

Differentiator

Problem solved

Functional benefit

Products and services

• HIP Fund I HIP's flagship venture capital fund deploying equity capital into innovative healthcare startups, backed by a syndicate of non-institutional and institutional investors with collaborative diligence and end-to-end white-glove investment process support.
• HIP Investor Network Membership access to a curated, community-based healthcare deal flow and collaborative diligence process for angels, family offices, physicians, VCs, health systems, and strategic investors.
• HIP Healthcare Startup Investment Program Equity investment plus strategic guidance, industry connections, and clinical/operator mentorship for healthcare startups (medical devices, digital health, diagnostics) sourced through HIP's collaborative investor ecosystem.

Quantifiable outcome

• 22 customers served by HIP network
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Broad incumbents

• Bessemer Venture Partners: Large multi-stage VC with a long-standing healthcare practice across biotech, medtech, and digital health. Comparable in healthcare focus but operates with much larger AUM and broader stage range.
• General Catalyst: Large multi-stage VC with a substantial healthcare practice (health assurance thesis). Comparable as a healthcare-active investor but operates at much larger fund and check sizes than HIP.
• Khosla Ventures: Large venture firm with a significant healthcare and biotech practice investing from seed through growth. Comparable as a deep healthcare investor but with multi-billion-dollar fund scale.
• Andreessen Horowitz (a16z): Mega-VC with a dedicated a16z Bio + Health fund spanning biotech, digital health, and healthtech. Comparable as a healthcare investor but with vastly larger fund size and broader sector coverage.

Direct peers

• GreatPoint Ventures: Healthcare- and technology-focused early-stage VC investing across digital health and life sciences. Comparable given healthcare specialization and early-stage check sizing aligned to HIP's deal patterns.
• Flare Capital Partners: Early-stage healthcare VC focused on digital health and tech-enabled services. Comparable given overlapping subsector focus (digital health, care delivery) and early-stage check size similar to HIP.
• Define Ventures: Healthcare-focused early-stage VC investing across digital health, consumer health, and healthcare services. Directly comparable as a sector-specialist fund with a thesis similar to HIP's healthcare-only curation.
• 7wire Ventures: Healthcare-focused VC investing in digital health and consumer health companies. Directly comparable as healthcare-only specialist fund targeting similar founder profiles and stage as HIP.
• Optum Ventures: CVC arm of Optum/UnitedHealth Group investing across digital health and healthcare services. Comparable due to healthcare-only thesis and the strategic value-add (clinical validation, customer access) that mirrors HIP's health-system LP model.
• Maverick Ventures: Early-stage venture firm with a dedicated healthcare practice investing across medical devices, digital health, and consumer health. Comparable due to early-stage healthcare focus and similar Series A participation patterns.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HIP