Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | BioTech • HealthTech (& Fitness) • Medical Devices (& Hospital Services) • Healthcare (& Wellness) • Consumer |
Stages | Early Stage, Seed, Series A |
Investing | United States |
Investment Range | $2,000,000 - $4,000,000 |
Investment Sweet Spot | $3,000,000 |
Assets Under Management | $15,000,000 |
Altitude Ventures is a Venture Capital Fund based in Nashville, Tennessee, with a focus on accelerating the growth of healthcare services and digital health companies through value-added partnerships and capital financing. They leverage their extensive industry experience and expertise within healthcare services and digital health to create additional value beyond the capital they invest. As operators with over 50 years of collective experience in healthcare and investment, Altitude Ventures' team actively works with their partners to recruit talent, speed up business development, support operations, provide strategic guidance, facilitate raising follow-on capital, and negotiate transactions. They maintain an extensive network within the healthcare industry, including payors, health systems, subject matter experts, and providers. Altitude Ventures also benefits from long-standing relationships with operating partners, investors, and entrepreneurial talent, with a history of co-investing with top-tier and successful large investors in the space. The fund's target initial investment size ranges from $2 million to $4 million, with an intention to own a significant portion of each portfolio company. Furthermore, Altitude Ventures reserves a majority of its investable capital for follow-on investments to ensure that partners have the necessary resources to accelerate growth through various stages. The roots of Altitude Ventures trace back to the family office of the late Clayton McWhorter, former Chairman & CEO of HCA, and his ethos strongly influences the firm's culture. They specialize in early-stage, seed, and Series A investments, focusing exclusively in sectors like BioTech, HealthTech and Fitness, Medical Devices and Hospital Services, and Consumer Healthcare and Wellness. Altitude Ventures manages assets worth $15 million and aims for an investment sweet spot of around $3 million.