
SteelSky Ventures
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
Frequently Asked Questions
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