Fund for Health: A Penn Medicine and Wharton Social Impact Initiative venture fund.
Location
Philadelphia, PA, US
Founded
2022
Fund for Health is a venture fund focused on early-stage, for-profit companies that address social determinants of health for economically disadvantaged Philadelphia residents. A collaboration between Penn Medicine and the Wharton Social Impact Initiative, the fund invests in seed and pre-seed rounds, typically ranging from $100,000 to $550,000.
Notable portfolio companies include Lula Convenience, RecoveryLink, and Stimulus. The fund's investment philosophy centers on strengthening community health outcomes through innovative business solutions. By leveraging the expertise of Penn Medicine and Wharton, Fund for Health offers unique value to its portfolio companies, combining healthcare insights with business acumen.
Fund for Health - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Seed2 (66.7%)
Pre-Seed1 (33.3%)
Stage Mix
Seed 67%Pre-Seed 33%
Concentration shown as share of disclosed investments by stage.
