Health care requires a new approach to venture capital
Scrub Capital is a new venture firm built for early stage health care startups, powered by clinician insiders and innovators
We offer Founders:
- +A brand that communicates good medicine
- +Access to insider networks
- +Insights into the forefront of medical science and care delivery
- +Operating advice from active startup builders
- +G2M and recruitment intros with social capital
- +Help rising above industry noise
Investment Strategy
We are actively investing as a strategic syndicate member in early-stage, US market focused health care companies. We avoid Class 3 medical devices and therapeutics.
Investment Process
General Partners lead deals and form the Investment Committee while our clinician community offers subject matter expertise and backchannel intelligence.
Sourcing
We source broadly through differentiated GP and clinician networks and are regularly invited into oversubscribed opportunities.
Community Pitch
Live conversation with a curated group of 30+ clinician experts: half pitch, half early advising!
Decision & Syndication
The 3 GP Investment Committee makes the final decision. When interest is high, SPVs are run alongside the fund check.
Initial Screen
30-min GP call to assess quality and thematic fit. Clinician expert curbsides.
Focused Diligence
Two week assessment of the most important deal considerations, incorporating a smaller group of expert clinicians.
Portfolio Support
Recruiting, clinical and ops guidance, G2M discovery and intros, and amplifying the portfolio through our media platforms.
Fund 1 Investments
Confidential
Syndicate:
The Council, Angels
Health insurance for 1099s that isn't tied to your employer
Scrub Capital Fund 1
Confidential
Syndicate:
General Catalyst
Interventional psychiatry practice and MSO infrastructure
Scrub Capital Fund 1
Rev Bio
Syndicate:
Delta Dental, Boston Harbor Angels
Patented bone adhesive that rapidly sets and withstands high load, potential for many clinical uses
Scrub Capital Fund 1
Clarity Pediatrics
Syndicate:
Jackson Square Ventures
Scalable. Integrated pediatric specialty care, starting with ADHD
Scrub Capital Fund 1
Spark Spine
Syndicate:
Medical Device Clinician Angel Syndicate
First orthopedic implant with electrical stim for faster healing
Scrub Capital Fund 1
Midi Health
Syndicate:
Advance Venture Partners, McKesson Ventures
Leading virtual clinic for midlife women's care
Scrub Capital Led Growth SPV
Canopy
Syndicate:
Spero Ventures
Real time wearable staff safety solution
Scrub Capital Fund 1
SuperDial
Syndicate:
SignalFire
Automated outbound calls starting with RCM
Scrub Capital Fund 1
Lifeforce
Syndicate:
M13, Corazon
Responsible longevity care for the health motivated
Scrub Capital Fund 1
Elion
Syndicate:
NEA, TMV, AlleyCorp
Modern vendor evaluation platform for health systems
Scrub Capital Fund 1
Posterity Health
Syndicate:
Georgetown Capital Partners
Virtual clinic for male reproductive health and infertility
Scrub Capital Fund 1
Oshi Health
Syndicate:
Oak HC/FT, Flare, Frist Cressey, CVS
Virtual care for chronic GI conditions
Scrub Capital Led Growth SPV
Conceivable Life Sciences
Syndicate:
Artis Ventures, ACME Capital
The first AI powered, automated IVF Lab
Scrub Capital Fund 1
Photon Health
Syndicate:
Flare, Susa, Notation
E-prescribing infrastructure and marketplace
Scrub Capital Fund 1
Meet our over 1000 member Scrub Collaborative Community
This braintrust of every medical specialty are also entrepreneurs, C-level executives and investors — and they weigh in on every pitch and uniquely assist the portfolio
Clinically diverse: the whole care team and > 40 specialties are represented, including nurses, physicians, psychologists, physical therapists, occupational therapists, and more.
are founders
have held a c-suite role
have held an operational role in startups
have held a formal investor role
Why do clinicians spend their time and capital with us?
Hearts
- +Influence where capital is allocated
- +Creative outlet
- +System level impact
Minds
- +Learn about and debate cutting edge startups with peers
- +VC Fellowships and early-stage investor training program
- +Industry luminary speaker series
Wallets
- +Low LP minimum to access top tier deals
- +Deal sourcing carry share
- +Coinvestment rights
- +Exposure to new career opportunities
The Scrub Capital Team
Together we bring operator depth, clinical credibility, and narrative reach to every investment decision and our portfolio's journey from first check to exit
Venture Partners
Dr. Kevin Foley uses his vast expertise and experience as a Medical Device inventor and investor to ensure we make smart investments and offer robust portfolio support in this highly specialized area. Practicing spine surgeon and professor at the University of Tennessee Health Science Center.
The Scrub Capital core team also includes rotating Venture Fellows.
Media
Recent news articles and podcast features about Scrub Capital and our community
Modern Health Care features Scrub Capital
Modern Health Care • 2024
Coverage of our innovative clinician-powered investment model
The Future of Health Care Investing
Health Care Innovation Podcast • 2024
Discussion on how clinicians are reshaping venture capital
Scrub Capital Announces Fund 1
TechCrunch • 2023
Launch announcement and investment thesis
Clinicians as Investors
Venture Capital Weekly • 2023
Exploring the unique value of health care professional investors
Get in Touch
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