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VC Firm CRV Snags Salesforce Ventures Longtime Leader As Newest Partner
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Healthcare Startups Are Hard to Build in Silicon Valley
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2020 was a pivotal year for healthcare.
The unrelenting attention on the U.S. healthcare system has driven record levels of investor interest, leading to all-time high fundraising amounts and eye-catching mergers and IPOs.
Investors and other industry insiders have maintained that the coronavirus pandemic, for all its devastation and upheaval, pushed the healthcare industry forward 10 years in just six months.
On Wednesday, February 10, we spoke with four top healthcare VCs on what the future of healthcare will look like in 2021 and beyond.
Insider s senior healthcare reporter Megan Hernbroth spoke with:
Andrew Adams, cofounder and managing partner at Oak HC/FT
Posted on 185
Waitwhile, a queue management platform built to eliminate wait times, today announced CRV invested $12 million as part of its Series A financing round. The company will use the new capital to invest in three strategic areas: growing the company’s technical team, expanding into new markets and continuing to broaden Waitwhile’s enterprise offering.
To date, Waitwhile has worked with thousands of companies, including Applebee’s, IKEA, Louis Vuitton, and Patagonia, to revolutionize the wait experience for over 80 million guests. Collectively, the company has given people back over 400,000 days that would have otherwise been wasted waiting in line.
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JOIN OUR EVENT FEBRUARY 10: Hear from healthcare s biggest VCs on the future of digital health, biotech, and startups
JOIN OUR EVENT FEBRUARY 10: Hear from healthcare s biggest VCs on the future of digital health, biotech, and startups
Business InsiderFeb 3, 2021, 22:49 IST
Oak HC/FT; Venrock; CRV; Menlo Ventures; Samantha Lee/Business Insider
By most measures, 2020 was a pivotal year for healthcare. The coronavirus pandemic upended U.S.
healthcare as we know it, highlighting brutal disparities in quality and access to care while pushing many hospitals to the financial brink. There was also a historically fast vaccine development and emergency authorization process, and large-scale testing the likes of which the United States had never attempted before.
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