In July, venture capital firm General Catalyst launched its second $600-million-plus fund focusing on healthcare. Then, last week, the company hired Marc Harrison, MD, the president and CEO of Salt Lake City-based Intermountain Healthcare, to run a healthcare investment platform, Becker’s reports.
But who exactly is this company that’s suddenly capturing the attention of the healthcare world?
Founded in 2000 in Cambridge, Mass., General Catalyst backs firms in various stages of development, from seed to “endurance” companies, actively helping build them. Its portfolio includes such household names as Airbnb, Instacart and Snapchat.
On the healthcare side, it has funded such health tech startups as Aidoc, Cadence, Color, Livongo, OMI, Olive, Osmind, Ro and Sword Health. Read more.
