Redesign Health launches growth equity practice for clinical AI
Redesign Health has launched a Growth Equity practice to make minority investments in healthcare companies from Series A through pre-IPO, focusing on healthcare IT, AI-enabled services and clinical AI, the firm announced.
Redesign Health, founded in 2018, has already made growth-stage bets such as Hippocratic AI. "Growth Equity expands our ability to back exceptional companies at pivotal points in their development," said CEO Brett Shaheen. The new practice targets companies with customers, revenue and product-market fit, alongside the firm's seed investing and its venture buyouts, where it takes control of established businesses and applies AI to their operations.
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