California HealthCare Foundation - Ideal Startup Investment
Criteria for investment consideration:
Significant Impact: Targets health care services, devices, and technologies that reshape or disrupt existing markets by delivering low-cost innovations to a set of customers whose needs are not currently well met. Companies should be able to demonstrate how they will save $25M annually and/or provide new or more timely access for 100,000 people in California.
Strategic Alignment: Demonstrates a clear connection to CHCF's mission of significantly lowering costs and increasing access to care for Californians. Both for-profit and nonprofit organizations with sustainable, competitive business models are eligible.
Experienced Management Team: Has experienced CEO and management team with a proven track record, or the ability to attract such a team.
Scale and Sustainability: Shows potential for significant growth and scale. For-profit organizations should have the potential to be sold or repay debt within a five-to-seven year period; nonprofits must demonstrate clear potential for financial sustainability in that same timeframe.
CHCF does not invest in companies primarily focused in the areas of healthy food, fitness, pharmaceuticals or biotech.
CHCF does not invest in medical devices that require Class II or Class III FDA approval. Those that require Class I approval should be within 12 months of approval and should have strong clinical data.
California HealthCare Foundation Invests In These Industries
• Healthcare Services
• IT Services
• Internet / Web Services
• Medical Devices and Equipment
California HealthCare Foundation Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $500K in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
California HealthCare Foundation Invests In Companies With These Funding Needs
Not Available
California HealthCare Foundation Expects Their Investments To Generate
Expected Revenue By Year 5: - Not Entered
Expected Returns: - Not Entered
Expected Years to Exit: 1 Year - 7 Years
Expected Years to Break Even: 3 Years - 7 Years
California HealthCare Foundation Investment Portfolio