# Town Hall Ventures

> Town Hall Ventures is a New York healthcare venture firm founded in 2018 by former Medicare chief Andy Slavitt, David Whelan and Trevor Price. It backs founders building technology and care-delivery companies for the parts of the system most investors skip - Medicaid patients, frail seniors, rural towns, kids who need mental health care. With $1.4 billion under management across four funds and a $440 million Fund IV closed in October 2025, its bet is simple and contrarian: the underserved market is not charity, it is a returns engine.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** Andy Slavitt (Co-Founder & General Partner), David Whelan (Co-Founder & General Partner), Trevor Price (Co-Founder)
- **Team size:** 25
- **Products:** Venture & Growth Investing, Hatch (Company Creation Studio), Platform & Partnerships
- **Notable:** Grew from $0 to roughly $1.4 billion in assets under management across four funds since 2018., Fund I delivered a 33% net internal rate of return versus a ~12% median for VC funds., Portfolio companies reach an estimated 1 in 5 Americans.

## Products & services

- **Venture & Growth Investing** — Early-to-growth-stage equity in healthcare technology and services companies serving Medicaid, Medicare, complex conditions and the social determinants of health.
- **Hatch (Company Creation Studio)** — In-house studio that starts healthcare companies from scratch to fill gaps in care for underserved populations, led by Will Stokes.
- **Platform & Partnerships** — Operating support, strategic relationships and go-to-market help for portfolio founders, spanning payers, providers and policy networks.

## Achievements

- Grew from $0 to roughly $1.4 billion in assets under management across four funds since 2018.
- Fund I delivered a 33% net internal rate of return versus a ~12% median for VC funds.
- Portfolio companies reach an estimated 1 in 5 Americans.
- Backed Signify Health (acquired by CVS Health for ~$8B in 2023) and Landmark Health (acquired by Optum for ~$3.5B in 2021).
- Backed Cityblock Health, valued at roughly $6.2 billion, and Thyme Care, valued at roughly $1.1 billion.
- Eight of the firm's first sixteen investments reached valuations above $1 billion.

## Latest updates

- **2025-10** — Closed a $440 million Fund IV to back AI-native healthcare companies serving underserved communities; total AUM reaches ~$1.4 billion.
- **2025-10** — Expanded the team with Catherine Olexa-Meadors (Head of Growth and Partnerships) and Will Stokes leading the Hatch company-creation studio.

## Links

- Website: https://townhallventures.com
- LinkedIn: https://www.linkedin.com/company/townhallventures
- Twitter/X: https://twitter.com/townhallvntrs

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Profile page: https://yespress.io/town-hall-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-08-16