Swiftarc Launched A Telehealth-Focused Venture Fund With $75 Million To Invest
Swiftarc launched a telehealth-focused venture fund with $75 million capacity. Swiftarc plans to invest in enterprise solutions for mental health, obesity, and pediatrics. The fund is interested in companies building services in telehealth, virtual mental health, remote patient monitoring, chronic care management and in-home evaluations and diagnostics.
Its first investment was in Intellihealth, a data-driven platform providing virtual care for obesity. The deal volume was not disclosed. Swiftarc founder and managing partner Sid Jawahar will join Intellihealth’s board of advisers.
Swiftarc also formed a telehealth commercialization collaboration with its existing partner Nottingham Spirk, a research and . . .