Redesign Health is a New York-based builder of healthcare companies. They have secured the $175m funding round to continue building more companies. Redesign has already launched more than 60 startups since its establishment in 2018. Some of the venture firms that invested in the recent funding round are Declaration Partners, Euclidean Capital, and True North Advisors.
Redesign Health Supporting Founders
Redesign Health is located in New York City and is unlike traditional venture studios. According to Neil Patel, the company’s head of ventures, Redesign helps founders navigate the complexities of healthcare through a proven approach that supports them in three key areas:
- Identifying and Validating Business Opportunities: The site now helps founders through Redesign’s research lab and a group of healthcare industry specialists to assess business ideas.
- Go-to-Market Strategies: Redesign has good relations with healthcare organizations, so they can offer great go-to-market solutions that can help startups develop.
- Operational Support: The company provides the founders with continuous operational support to tailor their startups at every stage of development.
Market Niches to Look for in the Future
Setting up a new fund will let Redesign start many more, targeting industries that have the most opportunities for improvement. Healthcare labour solutions, value-based care, and data interoperability primarily. A few of Redesign’s startups have been bought out by bigger companies, including Jabra Enhance, bought by GN Hearing, and Vault Workforce Screening, bought by Sterling.
