Town Hall Ventures is a venture capital and private equity firm investing in healthcare companies that is headquartered in New York City, New York and was founded in 2018 by Andy Slavitt, David Whelan, and Trevor Price.
The firm focuses on healthcare companies offering substance abuse treatment, behavioral health solutions, care transition support, social intervention, complex care management, and women's and family health. Notable investments made by Town Hall Ventures include: CityBlok, Bright Health, Aetion, Eleanor Health, Somatus, Unite Us, Strive Health, Concert Health, Welbe Health, Landmark, Torch, and VillageMD.
On September 20, 2018 Town Hall Ventures announced raising $115 million for their debut venture capital fund. The fund will be used to address healthcare challenges faced around the world. The co-founder of Town Hall Ventures, Trevor Price, made the following statement regarding what type of entrepreneur the firm is looking to support by saying:
We believe we will see more entrepreneurs whose missions are to serve the tens of millions of people whose lives can be improved by innovations that allow them to receive the absolute best quality of care, whether being treated at home and/or in other comfortable and low-cost settings.
A developer of primary care clinics. VillageMD provides support services to physicians and to patients outside the office visit with aim of better clinical outcomes and enhanced patient experience.
Bright Health is a Minneapolis-based provider of individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee.