Rock Health
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Rock Health - overview
Established
2010
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Rock Health is a healthcare technology venture fund that invests in innovative digital health startups, providing expertise and resources to enhance healthcare delivery and outcomes. Founded in 2010 in San Francisco, US, Rock Health operates as an early-stage venture fund, focusing on investments in digital health startups. The founders include Bill Evans and Nate Gross, with Katie Drasser and Kimberly Fitzgerald currently serving as key executives. Rock Health has participated in a total of 4 deals, with the most recent deal occurring on November 3, 2014.
In that round, the company raised USD 5. 50 mn through a GRANT funding round, with contributions from investors such as Genentech, Inc. , General Electric Company, Merck Global Health Innovation Fund, and United Health. Rock Health operates at the intersection of technology and healthcare, offering a comprehensive suite of services designed to foster innovation within the digital health landscape.
Its primary offerings include an early-stage venture fund investing in promising digital health startups, a dedicated enterprise strategy group assisting larger companies in navigating emerging opportunities in healthcare technology, and a non-profit initiative aimed at driving systemic change in underexplored areas of healthcare. The venture fund targets early-stage investments, including Pre-Seed, Seed, and Series A funding, focusing on remarkable entrepreneurs enhancing health outcomes through technology. The enterprise strategy group collaborates with diverse healthcare clients, helping them create tailored solutions for specific market challenges, primarily in the US, with plans for international market expansion. Rock Health generates revenue through various avenues, primarily driven by its investment activities and advisory services.
The venture fund engages in financial transactions with portfolio companies, providing capital in exchange for equity stakes, which may yield returns as these companies grow. The enterprise strategy group operates on a project basis, offering consulting services, including subscription models for ongoing support or one-time contracts for specific initiatives. Revenue from these services is structured around deliverables, with tailored solutions addressing unique client needs in the digital health space. The non-profit segment may also engage in partnerships or collaborations to improve healthcare access and innovation.
Rock Health is focused on expanding its impact in the healthcare technology sector. While specific upcoming products have not been detailed, the company aims to enhance its service offerings as it continues to invest in innovative digital health startups. Additionally, Rock Health has plans to expand into international markets where there is a growing demand for innovative healthcare solutions. The most recent funding round, which raised USD 5.
50 mn on November 3, 2014, will support these initiatives, allowing the company to strengthen its investment activities and advisory services to better meet the evolving needs of the healthcare industry.
Current Investors
New Enterprise Associates, Accel, Mohr Davidow Ventures
Primary Industry
Financial Services
Sub Industries
Investment Banking, Healthcare IT
Website
www.rockhealth.com
Company Stage
Angel & Seed
Total Amount Raised
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