Healthy Ventures

Canada’s leading digital healthcare Venture Capital firm, offering local depth with global reach. We are healthcare practitioners, operators and founders with over 100 years’ experience and a deep network. We focus on early stage and high-growth companies shaping the future of healthcare delivery and empowering them to scale and grow. How We InvestStage: Investments will be in early stage companies ranging from pre-Seed rounds through pre-IPO with initial investments focused on Seed and Series A rounds Areas: We look for groundbreaking HealthTech ideas focusing on digitization of healthcare, emergence of consumer MedTech, and consumerization of health and wellness Locations: We invest primarily in companies located in Canada, the US and Israel that target markets in North America and Europe

Founded over 20 years ago, Kaiser Permanente Ventures has developed into a national leader in strategic venture investing in healthcare. In partnership with Kaiser Permanente and our limited partners, the KPV team has invested in and helped support over 65 companies, representing some of the most important innovations in healthcare delivery over this time period. We’ve achieved these successes through deep engagement within KP and across our investment partners, leveraging the tremendous insights that come from those leading our healthcare systems and care delivery to identify the most pressing needs within healthcare and select the innovations that most effectively address those opportunities. Together with our partners, KP and KPV represents22,000+ clinicians and over 180,000 healthcare employees 38+ acute care hospitals and over 600 other healthcare-related facilities Approximately $65 billion in annual operating revenue Largest U.S. single comprehensive electronic medical record system Leading evidence-based care delivery mode Our fund targetsHealth Information Technology (Enterprise Solutions) Digital Health Healthcare Services Medical Devices Diagnostics and Precision Medicine

We believe that these solutions cover a wide spectrum that includes the optimization of physical, mental, social and financial wellness, serving as the core components that will undergird the conscious, communal shift toward a healthier future. Our primary goal is to empower passionate founders who develop innovative ideas that impact all bodies. We're investing in more than just potential, we’re doubling down on the endless realm of human potential. With efficiency in mind, we like to spend our first meeting getting to understand the founder(s) first. Your first conversation may be with one of our Partners or investors. Each member of our team has a voice and it's respected at the table. After that conversation, we huddle to connect the dots, reflect on your story and think. From there we spend time with information shared and will come back with deeper questions that move the relationship forward. These are not questions to occupy your inbox, but questions formulated on our path to deep conviction. HEALTH Healthcare has reached an inflection point. The landscape is rapidly shifting towards value based care, deep personalization, and an endless appetite for connected data that will forever change the way we communicate with health providers, our families and ourselves. WELLNESS The wellness industry is a $4.5T opportunity, as more consumers seek to reduce their healthcare costs while exploring ways to be healthier and happier across physical, mental, social and spiritual dimensions of their lives. We seek innovative companies using technology to deliver benefits that are meaningful, measurable and scalable. TECHNOLOGY Software will continue to impact the world in ways never imagined. We're firm in our belief of embracing technology as the conduit for optimization. Innovative applications and connected hardware will continue to change behaviors, augment processes and provide stable infrastructure to advance the world's capabilities. STAGE & CHECK SIZE Our funding decisions are made by consensus. There will always be an internal deal champion that will serve as your lead investor. We practice a rigorous diligence process that can sometimes be complex or very swift - but we typically are able to gather the information we need in 2 weeks or less, once we've aligned on our potential partnership. It's our obligation to earn your trust and build on our relationship. To that end we run a transparent process, with no "GOTCHA" moments. We will work closely with the founder(s) to determine our entry point that makes sense. We are hands-on investors, we set out with a 90 day action plan to be additive at the outset. Stage: Seed-Series A Size: $500K-$3MM Fund Size: $50M As the capital landscape continues to evolve, we remain flexible to understand the specific needs of the entrepreneur. We have a framework that directs our investing. In order for us to spend dedicated time with our founders, we target 6-8 investments per year. These companies typically have a working prototype product getting user feedback or generating revenue, approaching product market fit. On occasion, we invest in exceptional teams at the concept level.

We’re more than invested. What we work on, and who we work with, matters. If we’re betting on you, there’s a good reason for it. We admire your drive and desire to solve big problems. We love to fuel progress and help bring new ideas to life. Our approach separates us from typical investors. We don’t just fund and forget. We’re in the trenches with you, helping you problem-solve and navigate what’s next. That’s the part we like. In short, we are tenacious advocates for early-stage companies. We offer capital and guidance for like-minded entrepreneurs in multiple industries, with a focus on digital health and wellness, as well as financial technology. We’ve been down this road before. For over a decade, we spent our time and energy growing businesses and backing early-stage, financial technology ventures. We had a knack for guiding new entrepreneurs and took great pride in seeing them flourish. With our fintech strategy firmly established, we decided to add a new area of focus. We spent two years examining trends and looking at our core beliefs. We care deeply about backing idea-driven technology companies that change the world in positive ways. Ultimately, we realized digital health and wellness was the perfect place to focus. For us, it’s a natural addition. We’ve built and scaled businesses before. We understand complex, highly-regulated industries. And we’re still using our grit and determination to invest in technology that improves wellbeing. Moving forward, we’ll continue to invest in companies that fit our ethos. Although to us, it’s more than investing. We’re helping build companies that find better solutions to real problems.

We help entrepreneurs succeed. It has been our mission from day one. We challenge existing paradigms of how things are done in the normal VC world. Our experience of actually being in the thick of the action day in, day out with Founders and their companies, actively pushing them towards their end game - wherever it might be - has taught us it pays off. To be active. To be present. To be hands on. To apply everything we know in every interaction, every task. Whatever it takes. We believe in People. Great people. They have been the center of attention since we started investing intensively in 2018. We invest in people in everything we do: in problems affecting potentially millions of people on a global scale, in deeply committed and talented founder teams, and in the strength, experience and know-how of our team and its ability to help our founders and portfolio companies succeed on their journeys. It’s all about People We partner with the most talented entrepreneurs – bringing to the table industry know-how, relentless dedication and money to move startups fast forward. What we look for We back start-ups and founder teams when we’re sure that our operational skillset, experience, and network will bring an original vision to life. From pre-seed to venture to expansive growth with best-in-class founders at every stage of the journey. While we like to keep an open mind, and only invest in companies that improve people and businesses’ everyday lives, we don’t want to invest our time (or money) in companies working within industries or sectors, which we consider bad for people. Our industry focus may change from time to time depending on emerging macro-economic, socio-economic, and technological trends. But based on a combination of our experiences, current capabilities, and interesting megatrends we see in the market, we focus our investments within technology-driven companies and with a soft focus on Digital health and SaaS products. What do you invest in? We invest in people in everything that we do: In real life challenges affecting potentially millions of people and businesses on a global scale and in deeply committed and talented founder teams of people uniquely qualified and motivated to grasp the problem and build tomorrows most powerful solutions. Tech companies, with software driven business-models. At our core we remain agnostic of what industries, we could potentially make investments in. Having said that there will be industries, where we will not be investing. While we like to keep an open mind, we also see the value in focusing our attention on a few, more specific industries. We are currently focused on digital health and enterprise software (B2B SaaS).

At Boomerang Ventures, we believe better patient care begins with identifying and solving the biggest challenges in healthcare. Boomerang Ventures partners with founders, investors, and institutions that are leveraging new technologies to disrupt healthcare for the better. With our combination studio and venture fund, we provide the collaborative direction, deep industry expertise, and continuum of support founders need to take their innovations from ideation to market. Seamless Approach to Innovation. Our combination studio and fund work together to bring transformative healthcare ideas to life. Connected Health Technology Focus. We build and invest in connected health companies that are shaping a better future for healthcare. Collaborative Investors. We value our partners’ perspectives and work collaboratively to realize our shared vision. CONNECTED HEALTH TECHNOLOGY. Between rising costs, aging populations, staffing shortages, and increasing chronic disease, our healthcare system is struggling to provide the quality of care that patients need and deserve. Our experienced team has been in the Midwest healthcare and life science ecosystem for decades and knows what goes into launching, growing, and scaling successful healthcare companies. With our fund and studio, we are building health tech companies to improve the quality, accessibility, delivery, efficiency, and overall experience of patient care. We make investments in high-potential Midwest companies where our team can drive outsized impact. We focus on key healthcare sectors experiencing accelerated digital and care model transformation, including machine learning, artificial intelligence, virtual care, remote patient management and more. Together, these interconnected areas are paving the way for a brighter future in healthcare. OUR CORE VALUES. Driving the future of healthcare technology from the Midwest, for the world. Intentional Innovation: We push ourselves to think beyond the obvious. We leverage flexible creativity and structured methodology to innovate a future we all deserve. Committed To Collaboration: Our best work happens collaboratively as a team. We listen well and communicate constructively with each other and our partners to create lasting impact. Results that Matter: We focus on positively impacting patient experiences and outcomes. We set high-performance goals and follow through to improve the health of our communities and beyond.