• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

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

by Fred Pennic 09/30/2021 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print
AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

What You Should Know:

– 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.

Investment Team

Chaired by Ryan, the AlleyCorp Healthcare Fund is physician-led with Brenton Fargnoli, M.D., serving as Managing Partner and Jeff De Flavio, M.D., as Partner & Entrepreneur-In-Residence. The team also includes medical students Omar Njie and Sherman Leung, as well as Jane Suh, formerly of Andreessen Horowitz. In addition to patient care, this team has founded or been early operators at leading digital health startups such as Flatiron Health, Nomad Health, Groups Recover Together, CityBlock Health, Clover Health, and PatientPing.

“Since my time at Flatiron Health, it has repeatedly stood out to me how melding the clinical perspective together with tech is both the great challenge and opportunity for healthcare technology startups,” said Fargnoli. “We are taking this core issue head-on with AlleyCorp’s longstanding tech expertise and the dedicated healthcare team we’ve assembled. Ultimately, we tie everything we do back to the patient and practitioner experience.”

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: AlleyCorp, digital health, Digital Health Startups, Health Startups, Healthcare Venture Capital

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Interview

Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

Most-Read

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

White House Event Unveils CMS Health Tech Ecosystem Initiative

White House Event Unveils CMS Health Tech Ecosystem Initiative

Meaningful Use Penalties_Meaningful Use_Partial Code Free_Senators Urge CMS to Establish Clear Metrics for ICD-10 Testing

CMS Finalizes TEAM Model: A New Era of Value-Based Surgical Care

HHS Finalizes HTI-4 Rule: Prior Authorization & E-Prescribing Interoperability

HHS Finalizes HTI-4 Rule: Prior Authorization & E-Prescribing Interoperability

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low, But AI Dominates and $1B+ IPOs Emerge

Healthcare Investment Shifts in 1H 2025: AI Remains a Bright Spot Amidst Fundraising Decline

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low

Digital Health Faces Q2’25 Pullback: Funding Falls to 5-Year Low

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Health IT Sector Navigates Policy Turbulence with Resilient M&A

Health IT’s New Chapter: IPOs Return, Resilient M&A, Valuations Rise in 1H 2025

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |