According to CNBC, the venture capital industry is among the least diverse in finance. Nearly eight out of 10 VC investment partners in 2020 were white, 15 percent Asian and just 3 percent Black, according to the VC Human Capital Survey conducted by Deloitte, in conjunction with the National Venture Capital Association and Venture Forward.
The Jumpstart Nova fund, created by Marcus Whitney, venture partner and co-founder of Jumpstart Health, aims to bring more focus to underrepresented founders to help even the playing field when it comes to accessing and raising capital.
The fund has $55 million in investments and is backed by Nashville-based HCA Healthcare, Bank of America and Indianapolis-based Eli Lilly. It plans to back 20 startups this year.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
