AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

– AlleyCorp, a NYC firm dedicated to founding, funding, and building transformative companies across industries today announced the launch of the AlleyCorp Healthcare Fund, an $100M early-stage venture capital healthcare fund and incubator. The physician-led healthcare fund builds on AlleyCorp’s momentum in digital health and responds to the growing need and opportunity, made all the more urgent by the pandemic, to enable higher-quality, lower-cost healthcare for all.

– The AlleyCorp Healthcare Fund will deploy $100M in early-stage capital for incubations and investments over the next few years with a focus on NYC-based digital health startups. In addition, AlleyCorp will strategically partner with companies across the country in healthcare subsectors like biotech and diagnostics. AlleyCorp’s unique flexibility to create new companies and support existing ones is possible because the firm operates without any outside limited partners.

– To date, AlleyCorp co-founded Nomad Health, Pearl Health and invested in Maven, Memora Health, Vori Heath, Tempest, Affect Therapeutics, Reside Health, Diana Health, AOA, Capable, and many others.