02 Oct HealthX Ventures closes flagship fund of more than $20 million
MADISON, Wis. — HealthX Ventures, a Wisconsin-based venture capital fund focused on investing in software businesses that solve cost, quality and access issues in the healthcare industry, announced today the final closing of its first fund (“HealthX Ventures Fund I, L.P.”). The fund, which was oversubscribed, achieved more than $20 million in capital commitments from leading limited partners across the U.S.
“We appreciate and are thankful for the support of our investors who see the potential that innovation can have in the healthcare industry,” said Mark Bakken, the firm’s founder and managing partner. “There are enormous opportunities for using technology to improve how healthcare is delivered and paid for. Our fund supports companies solving hard problems that will not only lower the cost of healthcare, but also improve the lives of clinicians, patients, and their families.”
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