Able Partners logo

Able Partners

North America, New York, United States, New York

Description

Able Partners is a New York-based venture capital firm dedicated to investing in companies that promote health and well-being, with a strong focus on consumer and technology sectors. Founded by Lisa Blau, Nicole Gibbons, and Amanda E. Jones, the firm partners with passionate entrepreneurs building brands that enhance the daily lives of people, making them healthier, happier, and more fulfilling. Their investment thesis centers on identifying innovative businesses within the wellness ecosystem, spanning areas from personal care and nutrition to digital health and family-focused solutions.

The firm typically invests in companies at the Seed to Series A stages, often taking a lead or co-lead position in funding rounds. Able Partners is known for its hands-on approach, providing strategic support and leveraging its extensive network to help portfolio companies scale. Their diverse portfolio includes well-recognized brands such as Ritual, a leading vitamin subscription service; Oura, known for its smart rings; Lovevery, a developer of stage-based play essentials for children; and Modern Fertility, a women's health company.

Able Partners has demonstrated significant growth in its capital base, successfully raising three distinct funds. Their first fund closed at $30 million in 2018, followed by a $60 million second fund in 2021. Most recently, the firm announced the closing of its third fund at $100 million in September 2023, bringing their total capital under management to $190 million. Initial investments from Able Partners typically range from $1 million to $5 million, with capacity for follow-on investments as their portfolio companies mature and require additional capital.

Investor Profile

Able Partners has backed more than 71 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 1% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Finland.
  • Strong thematic focus on Health Care, Wellness, Mental Health.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (34%)
  • Series A (23%)
  • Series Unknown (20%)
  • Series B (15%)
  • Series C (8%)

Country Focus

  • United States (94%)
  • United Kingdom (1%)
  • Finland (1%)
  • Germany (1%)
  • The Netherlands (1%)

Industry Focus

  • Health Care
  • Wellness
  • Mental Health
  • Food And Beverage
  • Medical
  • Fitness
  • Women's
  • E-commerce
  • Organic Food
  • Mobile Apps
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Able Partners frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Bling Capital
North America, California, United States, San Jose
Co-Investments: 3
Virtue
North America, Texas, United States, Austin
Co-Investments: 3
G9 Ventures
North America, New York, United States, New York
Co-Investments: 4
8VC
North America, California, United States, San Francisco
Co-Investments: 3
SemperVirens Venture Capital
North America, California, United States, San Mateo
Co-Investments: 5
BoxGroup
North America, New York, United States, New York
Co-Investments: 5
Greycroft
North America, New York, United States, New York
Co-Investments: 5
Primary Venture Partners
North America, New York, United States, Manhattan
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3

Which angels does Able Partners often collaborate with?

Marty Tenenbaum
North America, California, United States, Palo Alto
Shared Deals: 1
NP
North America, New York, United States, New York
Shared Deals: 2
MV
North America, California, United States, San Francisco
Shared Deals: 1
AP
Europe, England, United Kingdom, London
Shared Deals: 1
JR
North America, New York, United States, New York
Shared Deals: 2
BS
North America, California, United States, San Francisco
Shared Deals: 3
DM
North America, California, United States, San Francisco
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 3
SB
North America, New York, United States, New York
Shared Deals: 2
SW
North America, California, United States, Mountain View
Shared Deals: 3

What are some of recent deals done by Able Partners?

OneSkin

San Francisco, California, United States

OneSkin is a longevity company developing products designed to extend skin and body health by targeting aging at its source.

BeautyBiotechnologyCosmeticsHealth CareWellness
Series ANov 13, 2024
Amount Raised: $7,000,000
Amae Health

San Francisco, California, United States

Amae Health is a wellness clinic that offers care for people with mental illness.

Health CareMedical
Series AApr 26, 2024
Amount Raised: $15,000,000
Midi Health

Menlo Park, California, United States

Midi Health is a virtual care clinic for women that treats depression, gynecological cancer, and period problems.

Health CareMedicalTherapeuticsWomen's
Series BApr 24, 2024
Amount Raised: $60,000,000
Cartwheel

Cambridge, Massachusetts, United States

Cartwheel offers mental health support to students in order to help schools regain balance in the midst of the student mental health crisis.

Health CareMental HealthmHealthTherapeuticsWellness
Series ASep 26, 2023
Amount Raised: $20,000,000
Eureka Health

Sacramento, California, United States

Helping people with chronic conditions mitigate their symptoms.

Health Care
SeedJul 12, 2023
Amount Raised: $7,000,000
Journey Clinical

New York, New York, United States

Journey Clinical is a platform that provides services to member psychotherapy practices which are independently owned and operated.

Health CareMedical
Series AJan 24, 2023
Amount Raised: $8,500,000
Midi Health

Menlo Park, California, United States

Midi Health is a virtual care clinic for women that treats depression, gynecological cancer, and period problems.

Health CareMedicalTherapeuticsWomen's
SeedOct 27, 2022
Amount Raised: $14,000,000
Zócalo Health

Seattle, Washington, United States

Zócalo Health offers virtual family medicine services.

Health Care
SeedSep 19, 2022
Amount Raised: $5,000,000
Givers

Palm Beach Gardens, Florida, United States

Givers is a savings and support platform providing unpaid family caregivers with care and compensation.

FamilyFinancial ServicesFinTechHealth CareNursing and Residential Care
SeedAug 22, 2022
Amount Raised: $3,500,000
Capable Health

New York, New York, United States

Capable Health is a developer platform that builds digital health experiences with less code, time, and money.

Consumer ApplicationsHealth CareSoftware
SeedMay 2, 2022
Amount Raised: $6,000,000