Dave Friedman

We're absolutely thrilled to announce a monumental milestone for Flo Health Inc.! After years of dedication to women's health, Flo, a long-standing member of the Target Global family, has secured over $200 million in Series C funding led by General Atlantic.This incredible investment propels Flo's valuation beyond $1 billion, officially making it a unicorn – a rare and remarkable feat in the femtech space. This accomplishment isn't just about numbers. It's a testament to the power of prioritizing women's health. Flo has seen phenomenal growth over eight years, becoming the #1 downloaded app in the Health & Fitness category. Today, Flo empowers nearly 70 million monthly active users (MAUs) and boasts close to 5 million paid subscribers. Notably, 1 in 4 US women trust Flo, solidifying its position as a leader in the global movement for women's health. But this is just the beginning! This investment fuels Flo's mission to revolutionize female healthcare experiences worldwide. By directing resources towards areas of critical yet unmet needs (which, let's be honest, encompasses a vast majority of women's health!), Flo will continue to be a driving force for positive change. Congratulations Dmitry Gurski,Yuri Gurski, and the entire Flo Health Inc. team! More in the Financial Times here ---->https://lnkd.in/dJZdajM4

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If you believe that #Diversity and #Inclusion matter, specifically in times like this, join us on October 30th. We will discuss the challenges and success stories of promoting Diversity in 2024. With me you will find industry leaders who were able to pull it off (!) 💥💥💥 Dorit Dor, Hasan Abasi, Vered Raviv Schwarz, Gal Shaul Guesty, Augury, HAAT Delivery, Check Point Software Power in Diversity Glilot Capital Partners Poalim Tech, Meitar | Law Offices, ESOP - Phoenix, Microsoft, Calcalist כלכליסט #nomatterwhat

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Let's finally get rid off the "VC alphabet song" and redo the system to become more founder friendly. "The benchmarks set by funding stages are often arbitrary and not necessarily aligned with the actual development needs of individual startups." #vc #venturecapital #founder #fundraising #startups #fundingstages #funding #fundingrounds #pitchbook

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To my amazing network - I am thrilled to announce the launch of Pave Health Ventures, an early-stage venture fund dedicated to broadening access to healthcare and improving the overall well-being of our communities. I’ve been very fortunate in my healthcare career. As the Founder & CEO of MedPilot, we capped off a seven-year journey with a successful exit when we were acquired by Vytalize Health. For the last three years, serving as Chief Innovation Officer, I’ve had the honor to contribute to the remarkable growth at Vytalize, impacting the lives of hundreds of thousands of patients by enhancing the quality of care they receive. I am immensely grateful to Matt Buder Shapiro, not only for being the perfect partner and co-founder but also for being an incredible friend. Additionally, I extend my heartfelt appreciation to Faris Ghawi, Amer Alnajar, and Jordan Brown for their outstanding leadership and for broadening my perspective on the significance of value-based care. This journey has not only provided me with industry expertise but has allowed me to cultivate invaluable relationships and an incredible network. As I embark on this new chapter, I am profoundly grateful to be supported by top executives and thought leaders in the investment, wellness, and healthcare industries. Within the healthcare ecosystem, we are represented by key stakeholders from health systems, insurers, governmental organizations, retail health businesses, provider groups, and value-based care organizations. At Pave Health Ventures, we believe the timing couldn't be more opportune to help support health-focused startups. With the growing prevalence of illness and chronic health conditions impacting our communities, consumers and key Healthcare Stakeholders are increasingly prioritizing proactive and preventative care. This shift in focus is fueling demand for technology, products, and services aimed at improving health outcomes, unlocking trillions of dollars in growth potential within the healthcare landscape. Pave Health Ventures is all-in. We are actively seeking solutions that tackle the root causes of illness, manage chronic conditions, and optimize care and care teams. Please support us in our mission by opening your networks and introducing us to amazing founders and entrepreneurs. Together, let's help pave the way to a healthier tomorrow. Jacob Myers

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As I said right at the start of this week's The Heart of Healthcare Podcast, Shivdev Rao is one of the most exceptional founders I have ever worked with. He is also a great human being. In this week's episode he shares what is it like leading the 🚀 that is Abridge and some awesome life lessons. IMHO this is a great listen for founders building in both the AI and healthcare fields!

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One of my proudest moments as an investor occurred today as Alaffia Health announced its series A because it shows how the Aperture® Venture Capital vision of multi-level, multi-generational #impactinvesting is succeeding in the marketplace. Here’s the model in its most basic form : ✅As diverse fund managers with meaningful capital to allocate, we are changing the VC landscape every day just by doing our day jobs. ✅As Black/Brown investors with ~40 years experience collectively, Aperture GPs have access to talent /excellence that others do not, so our portfolio *organically* is more inclusive by race, gender and geography even while optimizing for financial outcomes (all about the alpha). ✅Our most successful portco’s are using financial #innovation to solve market problems that impact underrepresented demographics and underserved communities. Alaffia Health is a shining example of the impact portion of our overall fund thesis, and we couldn’t be prouder of TJ Ademiluyi and Adun Akanni, MPH, PMP - the dynamic brother-sister founder duo whose vision we have steadfastly supported on their journey. Congratulations to TJ and Adun from William Crowder and myself, as well as the whole Aperture team- Marjorie King Philip McKenzie Yves Louis-Jacques Tanvi Lal Michelle Dhansinghani Lisha Bell Katie Kelly Amy Chung Cindy Chong, CFA Brian Fernandes-Halloran Monroe France Jayden Pantel Darren Herman Evan Wladis Neal Triplett Thomas Scriven Peter Ammon Irina Bit-Babik Tim Milanich Rob Rahbari

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This past week we had our 3rd annual IA40 summit! If the theme of our first summit in 2022 (held six weeks before ChatGPT launched) revolved around the possibilities of AI, and 2023 was about experimentation, the clear theme this year was - how do you make AI work in production and generate real use cases that lead to ROI? Vivek Ramaswami and I share 5 of our key takeaways from the summit. 1. There Is No “One-size-fits-all” Model; 2. The “Killer Use Cases” Are Starting To Emerge; 3. From RAG to Agents - Agents are AI's Future; 4. AI Funding Continues Unabated; 5. Memory Is a Critical Component to Driving Personalization. You can read the full post below, and would love to hear what everybody else learned at the summit! Special thanks to the Madrona team - Matt McIlwain Jon Turow Rolanda Fu! And our many amazing speakers - Mustafa Suleyman, Arvind Jain, Brian S. Raymond, Barry McCardel, Rama Akkiraju, Oren Etzioni, Matan Grinberg, David Shim, Ali Farhadi, Brad Gerstner, and many more!

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If the State of Michigan had just one more Pete Martin.... the entrepreneurial environment here would be the best in the country! Entrepreneurs! Dust off those pitch decks, buckle up, and get ready to scale because this year will be one you would regret missing if you aren't prepared. Special shoutout to Daniel Jefferies for passing along a dope pitch video by Michael Seibel to make sure that this fall is epic! Let's Go Michigan Entrepreneurs!!! Black Tech Saturdays, get those Black Unicorns ready for launch!!!! How To Perfectly Pitch Your Seed Stage Startup: https://lnkd.in/g7uUbazd

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Jenny Fielding, Scott Hartley, & the rest of the Everywhere Ventures team - I can't tell you enough how great it's been having you in our corner. Thanks for believing in us early. To the rest of our startup friends, Everywhere Ventures are the kind of partners I've always dreamed about: principled, experienced, and pragmatic. They show (not only talk about) how entrepreneurs are the asset they're backing, not just the businesses around them. #startup #entrepreneurship #venturecapital

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Had a blast diving into Amir Dan Rubin's extensive healthcare career on Vital Signs. Amir previously served as the CEO of One Medical and Stanford Health Care, was an EVP at United/Optum and is now the Founding Managing Partner at Healthier Capital. Our conversation spanned payer-provider integrations, lessons learned from leading One Medical, applications of generative AI, and more. Some highlights: ⚡Combining care models We talked a lot about the One Medical/Iora combination. Amir argues that just because two care delivery approaches may occupy the same physical location (e.g., a clinic), that doesn’t mean they necessarily need to conform to the same economic model. For instance, One Medical and Iora were able to combine effectively despite the former being a membership model and the latter being global capitation. Amir emphasizes that much of the overhead resources (e.g., front desk staff, phlebotomy) can be shared across models. ⚡How One Medical uses generative AI to improve efficiency One Medical allows members to message the care team, and then uses NLP to read the message, figure out its content, and triage it to the appropriate team member. Amir is excited about leveraging internal knowledge graphs to get around hallucinations. This approach can point to relevant internal data in helping compose responses, creating more trust and accuracy in the outputs. ⚡Behind the Amazon acquisition One Medical was interested in expanding its direct to consumer offering. However, they recognized that customer acquisition was costly, which is why partnering with Amazon Prime’s existing membership base made sense for them. Amir explains how at their core, both Amazon and One Medical are all about using technology and logistics to create an excellent customer experience. An awesome conversation ranging from health system innovation to startup strategy to health tech investing! Listen to our full episode below: Spotify: https://spoti.fi/3Wrbnol Apple: https://apple.co/3XWOomb

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When I assumed the role of CEO at RevRoad a few months ago, I knew I was stepping into something truly extraordinary. RevRoad has 7 years of experience scaling companies and driving transformational growth for founders—and I’m honored to guide us into our next era of impact. At RevRoad, we are fortunate to have an exceptional leadership team and a workforce that strikes a perfect balance—from the seasoned experts with a wealth of experience (and maybe a few gray hairs) alongside bright new talent with college diplomas whose ink is still wet. This blend of experience gives us a unique advantage. It’s about combining heart and hustle with strategic, data-driven insights to transform bold visions into measurable results. As RevRoad continues to grow, our commitment to putting the “human in capital” is stronger than ever. We are more than just a funding partner, we stand alongside our founders, help them scale, navigate challenges, and build lasting companies. So, if you’re a tech startup founder seeking the right partner, let’s talk. The new RevRoad is ready to support you with all the experience, energy, and passion you need to make your company the next big success.

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DeepCast Pro - For Podcasters launched a bunch of new features and has a slew more dropping in the next 2-3 weeks (well, and for many weeks thereafter). If you're a podcaster, friend of a podcaster, or someone similar, give the press release a read and then jump over to DeepCast Pro (www.deepcast.pro) to claim your podcast and get started for free, then consider upgrading to our Basic paid tier. #podcasting #customercentricity #productvelocity

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A little late, even though this process started in July.... Excited to share our latest investment in Heads Together Health!! We met Steve DeVrieze in October last year, and we think they are poised for impressive growth! Read more here: https://lnkd.in/ecYcqqkn #earlystagestartup #earlystageinvesting #VCinvestment #ncstartups #nctechstartups

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Social Capital precludes financial capital. The expertise on this slide contributed to our most recent cohort's success in... -Doubling it's cumulative MRR -Securing pilots -3x'ing sales pipelines Prosper Health Tech Accelerator's in-person and high-touch approach isn't for everyone. But it IS for the (5) five digital health startups that we will be inviting to join our residency accelerator this Fall Applications are open: learn more and apply here: https://lnkd.in/eBpBc-Pj 🕶 A vision of Prosper ⚡ Powered by gener8tor

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Of note: Your health records are coming to new apps This in an interesting change, and a somewhat Epic change. All puns intended. If you don’t know, the leading medical record storage solution in the US is operated by Epic. A rather critical problem is that if you walk (well drive) between two hospital in the US, the medical records tend not to follow you, unless you carry a large Manila envelope. Having Epic (and others) via TEFCA allow export of records arguably allows you to only carry your phone, which is a very siginificant change. This also (arguably) opens up a huge new innovation sector. Epic is one of the organizations that has been helping the US federal government establish the Trusted Exchange Framework and Common Agreement, or TEFCA. The goal being to iron out both the legal and technical requirements for sharing patients' data at scale. Health-care data in the U.S. has historically been siloed and difficult to move around. Clinics, hospitals and health systems can store their information in a variety of formats across dozens of different vendors, and there hasn't been a trusted nationwide mechanism in place for transporting it securely. This means if a patient moves to a different state or visits a new hospital, their medical records tend not follow. PS. If you want appreciate how profitable the US medical sector is, Epic HQ has a restantant designed to look like Kings Cross from the Harry Potter movies. https://lnkd.in/g8NaWza8

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Hi LinkedIn friends! Sharing something I've been working on with my brilliant team at BIP Ventures (HT to Meriah Grove, Eric Daniel, and Tami McQueen). The Extraordinary Pursuits Podcast is hitting that magical 10-episode inflection point, and our listenership continues to grow. We've been fortunate to feature enlightening conversations with brilliant folks like our own Christy Johnson, Mike Vandiver, Jacki Hertenstein, and Mark Buffington. We've been joined by some of the smartest minds in business including Jan Heybroek, Stephen Bradshaw, CPA, Renata Mathison, Haley Devlin, Jason Moore, John O'Brien, and Donnie Beamer Jr., CFA. We've covered topics ranging from how Atlanta is becoming a top innovation city, how to interview and hire the right team members, how to build culture in a fast-scaling company, and how to keep yourself out of hot water with the IRS. These episodes are educational and useful. And what's in the pipeline is just as good! In the coming weeks, you'll hear from people like Malcolm Muhammad, PhD, Maija Ehlinger, John Thackston, and Colleen Hoke. Each one offers insights about the entrepreneurial journey and support system, how to capture the attention of media, and how to set KPIs that can support your startup journey from zero to rocketship growth. As a storyteller, I'm giddy about the conversations in this podcast. As a podcast junkie, I'm still hyper-critical about how we're meeting our audience's needs. We're on a mission to create something amazing. Do me (and you! 😊 ) a favor—tune in to an episode or two. Then, please DM me or leave a comment to share how we can continue building a pod that keeps you listening. Subscribe, rate, and share if you feel so inclined. Enjoy—and thanks! #podcast #storytelling #startups #innovation #business

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Hot Off the Press - Over on SpaceNews journalist Jeff Foust penned a piece about CRV's newest company, Apex - Spacecraft Manufacturing. Get more information about the business Ian Cinnamon, Maximilian Benassi and the team are building by checking out today's article. #VC #venturecapital #funding #space #satellite

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My colleagues at BIP Capital work hard to meet the private market investing needs of HNWIs and the RIAs who serve them. The potential for compounding returns is a critical consideration, so we've put together a short, straightforward explanation of what they are and how they work. We also want to help our clients understand how evergreen funds like the BIP Ventures Evergreen BDC encourage compounding returns. Because they offer patient capital and reinvestment opportunities, evergreen funds can move high-performing portfolio startups to optimal outcomes. That's good for investors who are willing to take a longer view. If you want to get the inside knowledge on this important topic, check out our "Expert Guide to Compounding Returns with Evergreen Funds." https://lnkd.in/efXAbibV BONUS: If you're an RIA, join us for a brief informational session tomorrow (June 11th) at 2:00 pm EST. You'll get useful information from some of the most seasoned, intelligent authorities in private market investing. Mark Flickinger Phil Davidson #CompoundingReturns #EvergreenFunds #WealthManagement #LongTermInvestment #PrivateEquity #HNWIs #FamilyOffices #RIAs #BIPCapital #BIPVentures 📣 BTW, webinar seats close EOD today, so grab yours now. (Shhhhh.... if you miss it, DM me and I'll be glad to help you out.) https://hubs.ly/Q02B7zL40

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