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The Pisgah Fund is an early-stage venture capital fund focused on innovative healthcare companies, managed by Hatteras Venture Partners. It deploys capital into healthcare technologies or services demonstrating clear clinical or operational relevance and scalable business models with national market potential. The fund’s approach involves partnering with founders to build durable companies by providing strategic capital, operational insight, and deep healthcare relationships.
Operating as part of Hatteras Health Innovations, a dedicated platform within Hatteras Venture Partners, the Pisgah Fund was established to foster economic growth in Western North Carolina. While Hatteras Venture Partners was co-founded by John Friedman in 2000, Lauren P. Flickinger serves as the Partner and Fund Manager specifically for the Pisgah Fund, bringing a localized focus to identifying and cultivating healthcare ventures within her native region. Graham Smith supports the investment process as an Associate.
The fund seeks to back healthcare businesses that enhance care delivery and broaden access, benefiting portfolio companies through strategic connections across healthcare delivery and operations, alongside opportunities for real-world validation. The Pisgah Fund’s vision centers on cultivating durable, high-growth enterprises within a collaborative ecosystem, ultimately advancing healthcare innovation and contributing to a dynamic entrepreneurial talent base in Western North Carolina.
Pisgah Fund has 3 tracked investments across 2 companies. The latest tracked deal is $8.0M Series A in Rx Redefined in September 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2022 | Rx Redefined | $8.0M Series A | Crosscut Ventures | Comal Ventures, Ecliptic Capital, GE Ventures, Forest Baskett, Greg Papadopoulos, Jeff Immelt, NEW Enterprise Associates, Osage University Partners, Silverton Partners, Jaffray Woodriff, Tusk Venture Partners |
| Oct 20, 2021 | GoCheck | $10.0M Other Equity | Hatteras Venture Partners, Pisgah Fund | CU Healthcare Innovation Fund, Interwest Partners, Mucker Capital, Sovereign's Capital, WakeMed Hospitals |
| Oct 1, 2021 | GoCheck | $10.0M Series U | Hatteras Venture Partners, Pisgah Fund | C2 Investment, Cake Ventures, First Round Capital, FPV Fund, SciFi VC, Sound Ventures, Susa Ventures, Voyager Ventures, Jeremy Zimmer, Leonardo Dicaprio, Louis Beryl, Ryan Tedder, CU Healthcare Innovation Fund, FCA Venture Partners, Interwest Partners, Mucker Capital, Sovereign's Capital, WakeMed Hospitals |