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§ Venture Capital · Chicago, IL, USA
Venture capital and private equity firm that invests in healthcare IT and fintech/finserve startups, providing capital.
First Health Capital Partners is a venture capital and private equity firm based in Wheaton, Illinois, that invests in early-stage and high-growth startups operating within the healthcare information technology and financial services sectors. The firm primarily targets innovative companies developing technology-driven solutions designed to address complex industry challenges and disrupt traditional healthcare delivery and financial service models. Operating through its own dedicated fund as a managing partner-led entity, the organization supplies its portfolio companies with strategic guidance, operational support, and access to extensive industry connections to accelerate their scaling processes. While specific assets under management and total funding metrics currently remain undisclosed, the investment firm has historically backed notable healthcare technology enterprises such as Apervita, Caremerge, and SilverVue. First Health Capital Partners was established by founder and Managing Partner Jon Phillips, though its exact founding year remains unverified.
First Health Capital Partners has 1 tracked investment across 1 company. The latest tracked deal is $23.0M Series B in Ideon in April 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2021 | Ideon | $23.0M Series B | — | Echo Health Ventures, Guardian Strategic Ventures, MassMutual Ventures, Riverside Acceleration Capital |