Former Obama administration official Slavitt's VC fund raises $115M

The venture capital firm started by former Obama administration official and ex-Optum executive Andy Slavitt has closed on $115 million for its first fund. Town Hall Ventures, which has offices in Minneapolis and New York, also announced new investments in several startups Thursday, including Minneapolis-based insurer Bright Health Inc. and home-care services company Landmark Health. It did not disclose the size of those investments. Town Hall, whic h backs startups that target underserved populations,…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news