
Wavemaker 360
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
Frequently Asked Questions
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