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SteelSky Ventures

North America, Georgia, United States, Atlanta

Description

SteelSky Ventures is a pioneering venture capital firm based in Atlanta, Georgia, exclusively dedicated to investing in the burgeoning women's health sector. Founded by Maria Toler Velissaris, the firm addresses the significant funding disparities within healthcare, focusing on technology-enabled solutions that improve access, care, and outcomes for women across their lifespan. Their investment thesis spans a broad spectrum of women's health needs, including fertility, maternal health, chronic conditions, diagnostics, and digital health platforms. SteelSky Ventures aims to generate both compelling financial returns and measurable social impact by backing innovative companies poised to transform the landscape of women's healthcare.

The firm primarily targets early-stage companies, typically participating in Seed and Series A rounds. SteelSky Ventures is known for its strategic approach, providing not only capital but also operational support and access to a robust network of industry experts and healthcare providers. Their commitment to the sector is underscored by the successful close of their inaugural fund at $72 million, making it one of the largest dedicated women's health funds globally. This substantial capital base allows them to make meaningful initial investments and support portfolio companies through subsequent growth stages.

SteelSky Ventures typically deploys initial checks ranging from $1 million to $3 million, with the capacity for follow-on investments as companies scale. Their portfolio includes notable companies that are making significant strides in women's health, such as Twentyeight Health, a digital health platform focused on reproductive care, and Cayaba Care, which provides in-home maternal and infant care. By focusing on a niche yet underserved market, SteelSky Ventures has positioned itself as a key player in driving innovation and investment into a critical area of healthcare, fostering a new generation of companies dedicated to improving women's well-being.

Investor Profile

SteelSky Ventures has backed more than 25 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Wellness, Women's.
  • Typical check size: $1M – $3M.

Stage Focus

  • Seed (44%)
  • Series A (32%)
  • Series B (12%)
  • Series C (8%)
  • Series Unknown (4%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Wellness
  • Women's
  • Medical
  • Biotechnology
  • Hospital
  • Information Services
  • Online Portals
  • Therapeutics
  • Medical Device
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FAQ

Frequently Asked Questions

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

Who does SteelSky Ventures frequently co-invest with?

Aglaé Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Third Prime
North America, New York, United States, New York
Co-Investments: 3
Rhia Ventures
North America, New York, United States, Bellerose
Co-Investments: 4
Pipeline Angels
North America, Texas, United States, Houston
Co-Investments: 3
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 3
Avestria Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Town Hall Ventures
North America, New York, United States, New York
Co-Investments: 3
GingerBread Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Seae Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3

Which angels does SteelSky Ventures often collaborate with?

SL
North America, New York, United States, New York
Shared Deals: 1
AO
North America, California, United States, San Francisco
Shared Deals: 1
RS
North America, New York, United States, West Harrison
Shared Deals: 1
Jonathan Fielding
North America, California, United States, Los Angeles
Shared Deals: 1
EO
North America, New York, United States, New York
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 2
WD
North America, California, United States, Santa Clara
Shared Deals: 1
WL
North America, Massachusetts, United States, Boston
Shared Deals: 1
SW
North America, California, United States, Mountain View
Shared Deals: 2
MC
North America, Texas, United States, Dallas
Shared Deals: 1

What are some of recent deals done by SteelSky Ventures?

Commons Clinic

Los Angeles, California, United States

Commons Clinic is a multi-specialty clinic offering minimally-invasive surgical and conservative musculoskeletal care.

Health CareHospitalPersonal Health
Series BJun 12, 2025
Amount Raised: $26,000,000
Posterity Health

Parker, Colorado, United States

Posterity Health is a male fertility care center that offers fertility assessments, hormone treatments, and vasectomy services.

FertilityHealth CareMedicalMen'sWellness
Series AFeb 18, 2025
Amount Raised: $13,000,000
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
Twentyeight Health

Brooklyn, New York, United States

Twentyeight Health is a women's healthcare company providing birth control, vitamins, and medical treatments.

Health CareInformation ServicesOnline PortalsWellness
SeedFeb 13, 2023
Amount Raised: $8,300,000
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
Motivo

Richmond, Virginia, United States

Motivo connects mental health organizations with virtual clinical supervisors and licensed providers to fill mental health workforce gaps.

Health CareMental HealthPsychology
Series AAug 18, 2022
Amount Raised: $14,000,000
Moving Analytics

Los Angeles, California, United States

Moving Analytics is a telehealth service provider that specializes in cardiovascular prevention programs.

Health CareInformation TechnologyMedicalmHealthTelehealth
Series AJul 8, 2022
Amount Raised: $20,000,000
Huma.AI

Los Altos, California, United States

Huma is a provider of business intelligence platform built to automate healthcare through human language.

Artificial Intelligence (AI)Health CareInformation Technology
Series AFeb 7, 2022
Amount Raised: $9,500,000
ConcertoCare

Woburn, Massachusetts, United States

ConcertoCare is a provider of at-home and comprehensive care for seniors and other adults.

Elder CareHealth CareHealth DiagnosticsHome Health CareHospitalMedical
Series BFeb 3, 2022
Amount Raised: $105,000,000
Proov

Boulder, Colorado, United States

Proov offers the most advanced system for women to evaluate their hormones at home, built upon patented, FDA cleared medical devices.

BiotechnologyFertilityHealth CareMedical DeviceWellnessWomen's
Series ADec 15, 2021
Amount Raised: $9,700,000