Rex Health Ventures
Description
Rex Health Ventures is the dedicated corporate venture arm of UNC Health, a prominent healthcare system based in North Carolina. Operating out of Raleigh, the firm strategically invests in innovative companies poised to transform the healthcare landscape. Its primary objective is to identify and support cutting-edge technologies and services that align with UNC Health's mission to enhance patient care, improve operational efficiencies, and drive innovation within the broader healthcare ecosystem. As a strategic investor, Rex Health Ventures seeks to foster collaborations and integrate promising solutions into UNC Health's extensive network of hospitals and clinics.
The firm's investment focus spans a broad spectrum of healthcare innovation, including digital health solutions, health information technology, medical devices, and healthcare services. Rex Health Ventures typically targets early to growth-stage companies, participating in Seed, Series A, and Series B funding rounds. Their investment decisions are often guided by the potential for strategic synergy, aiming to leverage new technologies to address real-world challenges faced by healthcare providers and patients. This strategic alignment allows portfolio companies to benefit from access to UNC Health's clinical expertise, patient populations, and operational insights, providing a unique value proposition beyond capital.
While specific fund sizes are not publicly disclosed, Rex Health Ventures' typical initial investment range reflects its commitment to impactful, strategic partnerships. The firm generally deploys first checks ranging from approximately $500,000 for promising early-stage ventures to up to $5,000,000 for more mature Series A or B opportunities. They often co-invest alongside other venture capital firms, contributing to larger syndicates that can provide substantial capital for growth. This approach allows Rex Health Ventures to support a diverse portfolio of companies that are developing solutions critical to the future of healthcare delivery.
Investor Profile
Rex Health Ventures has backed more than 20 startups, with 4 new investments in the last 12 months alone. The firm has led 5 rounds, about 25% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Health Care, Medical Device, Medical.
- Typical check size: $500K – $5M.
Stage Focus
- Series B (35%)
- Series A (25%)
- Series Unknown (20%)
- Series C (15%)
- Series E (5%)
Country Focus
- United States (100%)
Industry Focus
- Health Care
- Medical Device
- Medical
- Biotechnology
- Biopharma
- Enterprise Software
- Information Technology
- Software
- Health Diagnostics
- Saas
Frequently Asked Questions
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