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Wavemaker 360

North America, California, United States, Pasadena

Description

Wavemaker Three-Sixty Health, commonly known as Wavemaker 360 Health, stands out as a prominent early-stage venture capital firm exclusively dedicated to the healthcare sector in the United States. Based in Pasadena, California, the firm has established itself as a leading investor in Seed and Series A rounds, focusing on innovative companies poised to transform various facets of healthcare. Their investment thesis centers on identifying disruptive technologies and business models across digital health, medical devices, diagnostics, and tech-enabled services, aiming to back the next generation of healthcare leaders.

The firm's investment strategy is characterized by its deep specialization and hands-on approach. Wavemaker 360 Health typically deploys initial checks ranging from $500,000 for Seed-stage companies up to $2,000,000 for Series A rounds, demonstrating a commitment to supporting companies from their foundational stages through significant growth milestones. Beyond capital, the firm leverages its extensive network of healthcare operators, entrepreneurs, and industry experts to provide strategic guidance, operational support, and access to key partnerships for its portfolio companies. This operator-led model is a cornerstone of their value proposition, aiming to accelerate the development and market penetration of their investments.

Wavemaker 360 Health has shown consistent growth and commitment to the healthcare ecosystem, having successfully raised multiple funds. Their most recent fund, Fund IV, closed in April 2024 with $77 million, bringing their total assets under management to over $200 million across all funds. This substantial capital base enables them to maintain a robust investment pace, having already built a diverse portfolio of over 100 companies. Their disciplined focus on healthcare allows them to develop specialized expertise and a nuanced understanding of the regulatory, technological, and market dynamics unique to the industry, positioning them as a preferred partner for healthcare founders.

The firm's unwavering focus on healthcare, combined with its strategic capital deployment and operational support, makes Wavemaker 360 Health a significant player in the early-stage healthcare venture landscape. They are not merely capital providers but active partners, dedicated to fostering innovation and driving meaningful impact within the complex healthcare sector. Their track record of identifying and nurturing promising ventures underscores their position as a key catalyst for healthcare transformation in the US.

Investor Profile

Wavemaker 360 has backed more than 77 startups, with 7 new investments in the last 12 months alone. The firm has led 10 rounds, about 13% of its total and boasts 4 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, Canada.
  • Strong thematic focus on Health Care, Medical, Medical Device.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (69%)
  • Series A (23%)
  • Series Unknown (4%)
  • Series B (3%)
  • Pre Seed (1%)

Country Focus

  • United States (92%)
  • United Kingdom (5%)
  • Canada (3%)

Industry Focus

  • Health Care
  • Medical
  • Medical Device
  • Artificial Intelligence (Ai)
  • Software
  • Biotechnology
  • Information Technology
  • Wellness
  • Health Diagnostics
  • Home Health Care
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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 Wavemaker 360 frequently co-invest with?

Foothill Ventures
North America, California, United States, Los Altos
Co-Investments: 3
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 8
Altitude Ventures
North America, Tennessee, United States, Nashville
Co-Investments: 2
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Connecticut Innovations
North America, Connecticut, United States, Rocky Hill
Co-Investments: 2
Carnrite Ventures
North America, Texas, United States, Houston
Co-Investments: 2
Bread and Butter Ventures
North America, Minnesota, United States, Minneapolis
Co-Investments: 2
Supernode Ventures
North America, New York, United States, New York
Co-Investments: 3
1984 Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Cove Fund
North America, California, United States, Irvine
Co-Investments: 3

Which angels does Wavemaker 360 often collaborate with?

AM
North America, California, United States, Los Angeles
Shared Deals: 1
David Rogier
North America, California, United States, San Francisco
Shared Deals: 1
ST
North America, California, United States, San Francisco
Shared Deals: 1
JB
North America, California, United States
Shared Deals: 1
David Golan
Asia, Israel
Shared Deals: 1
NC
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
EB
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Wavemaker 360?

RubyWell

New York, New York, United States

RubyWell is an intelligent and automated guide that helps family caregivers regain financial stability.

Financial ServicesFinTechHealth Care
SeedJan 28, 2025
AstroMind

Houston, Texas, United States

AstroMind is a technology company.

SeedNov 25, 2024
Amount Raised: $2,544,995
Citizen Health

San Mateo, California, United States

Citizen Health is building an AI-based consumer health platform that leverages data to accelerate care and treatments for rare diseases.

Artificial Intelligence (AI)Big DataConsumer SoftwareInformation TechnologyLife Science
SeedNov 19, 2024
Amount Raised: $14,500,000
AstroMind

Houston, Texas, United States

AstroMind is a technology company.

SeedNov 13, 2024
Esperto Medical

Orange, California, United States

Esperto's patented technology uses sound waves to measure blood pressure without an inflating cuff

Health DiagnosticsMedical Device
Series AOct 24, 2024
FreeNav, Inc.

Saint Paul, Minnesota, United States

Electromagnetic Tracking (EM) for medical and other applications.

Medical
SeedAug 30, 2024
Amount Raised: $5,650,000
Feeling Great

San Francisco, California, United States

Feeling Great app quickly reduces negative feelings, boosts joy and self-esteem and blows your mind.

Mental Health
SeedAug 8, 2024
Amount Raised: $8,000,000
Marigold Health

Boston, Massachusetts, United States

Marigold Health uses chat support groups to make substance use treatment more engaging and personalized for vulnerable populations.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMedicalNatural Language ProcessingPsychology
Series AJun 18, 2024
Amount Raised: $11,000,000
Materna Medical

Mountain View, California, United States

Materna is a medical device company that empowers women to protect and restore their pelvic health.

Health CareMedicalMedical Device
Series BMay 21, 2024
Amount Raised: $5,700,000
Elektra Health

New York, New York, United States

Elektra Health is a digital health platform delivering evidence-based, virtual menopause care, education and community.

Health CareWellnessWomen's
SeedFeb 21, 2024
Amount Raised: $3,300,000