In a bold move to reshape how technology serves the nation’s most overlooked patients, Town Hall Ventures announced Wednesday the launch of its $440 million Fund IV, aimed at fueling artificial intelligence and healthcare innovation for underserved communities across the U.S.
The firm’s latest fund marks another milestone in its ongoing mission to tackle healthcare inequities through venture-backed technology and data-driven solutions.
Investing Where Healthcare Falls Short
“With Fund IV, we will accelerate our mission by backing founders and technologists who are using AI as a core capability to lower costs, improve outcomes, and expand access to high-quality care for tens of millions of people underserved by the healthcare system,” said Meera Mani, general partner at Town Hall Ventures.
The firm said the fund’s capital will help healthcare startups break through the toughest barriers to care, bringing innovation directly to communities often left behind by traditional providers.
A Mission Built on Impact and Scale
Founded in 2018, Town Hall Ventures has become one of the most mission-driven investment firms in the healthcare sector, boasting $1.4 billion in assets under management and a portfolio that now touches one in five Americans.
To date, the firm has invested in 42 companies spanning early-stage to growth-phase ventures, many of which are using AI to reimagine patient care.
