Celebrities Lean into Digital Health Investments

Woman holding money

High-profile athletes and other celebrities are investing in, and sometimes helping run, digital health care companies.

One of the most prominent examples of digital health investing is tennis legend Serena Williams, who launched her own venture capital fund Serena Ventures in 2017. She served as an angel investor in 60 companies before raising a $111 million inaugural fund last year.

Women’s health company Maven, valued at $1.35 billion, has backing from Oprah Winfrey, Mindy Kaling, Reese Witherspoon and Natalie Portman.

Gwyneth Paltrow, who has been raising her own venture capital fund, joined Drew Barrymore, Cameron Diaz and former soccer star Abby Wambach as angel investors in a $28.5 million funding round for telehealth menopause company Evernow.

Jared Leto and Jessica Alba are investors in mental health company Headspace, valued at $3 billion, Axios reports. Read more.

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