Social Innovation Ventures

What Social Innovation Ventures does

Social Innovation Ventures is a privately held investment and advisory firm founded in 2018 and headquartered in Rockville, Maryland. The firm operates as an active angel investor and advisor across four interconnected verticals: (1) a startup portfolio focused on health equity, behavioral health, digital health, and healthcare technology (including portfolio companies such as Carda, Boulder Care, AppliedVR, Digital Diagnostics, CityBlock, Karuna Health, and Galileo); (2) non-profit advisory services for organizations including Shatterproof, National Academies of Medicine, The Coordinating Center, and Center for Health Care Strategies; (3) affordable housing investments anchored by Baltimore House 1, 2, and 3; and (4) an art investment portfolio spanning film projects, paintings, and sculptures. A fifth practice, health equity research, produces academic publications on telehealth, digital health, and opioid solutions.

The firm is led by Managing Partner Dr. Andrey Ostrovsky, MD, the former Chief Medical Officer of the US Medicaid program, whose regulatory and policy background is the firm's primary differentiator. The technology stack is minimal — Social Innovation Ventures is an investment and advisory shop rather than a technology company; its proprietary footprint consists of a Squarespace-hosted portfolio website and a research publications practice. Revenue mechanics are not publicly disclosed, but the firm appears to combine personal-balance-sheet angel investing, advisory fees from non-profit and government engagements, and returns from realized exits (including Care at Hand, acquired by Mindoula Health in 2016, and Aira.io, acquired by Blue Diego Investment Group in 2020).

The customer base spans early-stage healthcare and impact-driven founders, federal/state/local non-profit organizations, affordable housing tenants, and artists, with deliberate emphasis on diverse and underrepresented founders and communities. The firm maintains an intentionally small operating footprint of 1-10 employees and reports no institutional backing, public listing, or parent company.

Name

Social Innovation Ventures

Legal name

Social Innovation Ventures

Website

https://socialinnovationventures.co

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Social Innovation Ventures is a Rockville, Maryland-based angel investment and advisory firm founded in 2018 that invests in and advises health equity startups, non-profits, affordable housing projects, and diverse artists, led by former US Medicaid CMO Dr. Andrey Ostrovsky.

Ownership category

akta.pro rank

Product category

Impact Investment Advisory

NAICS

Grantmaking and Giving Services (81321), Voluntary Health Organizations (813212)

SIC

Investment Advice (6282)

akta.pro primary industry

Impact Investment & Social Finance Programs (BPADAOAJ)

akta.pro secondary industries

Health Access & Social Care Innovations (Community Health, Telehealth for Underserved) (BPAGALAG), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD)

Keywords

• Angel investment services
• Impact investing
• Health equity advisory
• Nonprofit advisory services
• Venture capital advisory

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels1 record

Core offering

Social Innovation Ventures is an angel investment and advisory firm that makes direct investments in early-stage healthcare startups and diverse founders while advising federal, state, and local non-profit and government organizations on health equity initiatives. The firm operates four interconnected verticals: a startup portfolio of health technology companies, non-profit advisory engagements, affordable housing investments, and an art investment portfolio, all anchored in a health equity investment thesis.

Product overview

Social Innovation Ventures is an advising and investing firm that operates as a unified investment platform focused on eliminating health inequity. The firm manages four interconnected investment/advisory verticals: (1) a Startup Portfolio of health tech companies (including Carda, Boulder Care, AppliedVR, Digital Diagnostics, and others), (2) Non-profit Advisory Services for organizations like Shatterproof and National Academies of Medicine, (3) Affordable Housing Investment through properties like Baltimore House 1-3, and (4) an Art Investment Portfolio featuring films and contemporary artworks. The firm is led by Dr. Andrey Ostrovsky, former Chief Medical Officer of US Medicaid, and supports founders and artists with massive growth potential while advising federal, state, and local organizations on improving healthcare outcomes.

Differentiator

Problem solved

Functional benefit

Products and services

• Startup Portfolio Investment Services
• Non-profit Advisory Services
• Affordable Housing Investment
• Art Investment Portfolio
• Health Equity Research

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights4 records

Direct peers

• Impact Engine: Impact venture and private equity firm investing across health, economic opportunity, and sustainability. Comparable impact-investment mandate spanning multiple social themes.
• Town Hall Ventures: Health-equity focused venture firm founded by former CMS leaders (Andy Slavitt) investing in underserved-population healthcare. Directly comparable in thesis, ex-government pedigree, and target market.
• Unseen Capital: Venture fund backing diverse founders building solutions for underserved and marginalized populations in healthcare. Mirrors SIV's diverse-founder, health-equity investment focus.
• 7wireVentures: Early-stage digital health venture firm backing consumer-centered healthcare companies. Comparable stage, sector, and value-add operator model to SIV's startup portfolio.
• Kapor Capital: Impact-focused venture firm investing in diverse founders building gap-closing products, including health. Shares SIV's impact and diverse-founder investment thesis.
• Define Ventures: Digital health venture firm led by former operators investing in early-stage healthcare startups. Overlaps in health-tech focus and founder-support model.
• Jumpstart Nova: Healthcare venture fund investing in Black-founded and diverse-led health companies. Closely aligned with SIV's diversity-and-health-equity thesis.

Others

• Echoing Green: Social-enterprise funder supporting emerging impact leaders and diverse changemakers through fellowships and capital. Thematically adjacent as a social-impact capital provider rather than a direct VC competitor.

Broad incumbents

• Rock Health: Established seed-stage digital health venture fund with a broad portfolio and strong health-equity initiatives. Larger, category-defining incumbent in the same digital-health investing space.
• SJF Ventures: Established impact venture firm investing in high-growth companies with positive social and environmental outcomes. Broader impact investor overlapping SIV's social-finance orientation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/social-innovation-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Social Innovation Ventures