CHICAGO, Feb. 12, 2019 /PRNewswire/ -- 7wireVentures, Chicago's premier early stage consumer digital health venture firm, today announced that Alyssa Jaffee has joined as Vice President. Jaffee will evaluate and drive investment opportunities for the 7wireVentures Connected Consumer Health Fund, a $100 million fund supported by leading health plans and health systems dedicated to investing in companies that use technology to make it easier for consumers to get and stay healthy.
Technology companies and technology-enabled services continue to disrupt the healthcare industry as consumers are more aware of the health economy and look for transparent, always-on, personalized services. In a recent PwC survey, more than 50 percent of consumers believe technology companies can improve patient satisfaction and experience, reduce costs, simplify health and healthcare, and make personal health care information more accessible to patients.
"In this era of unprecedented innovation in health care, we have seen an exponential increase in innovative companies focused on reinventing the traditional marketplace and disrupting the legacy models," said Glen Tullman, Managing Partner of 7wireVentures. "Working with our provider and payor partners, our goal is to find the trailblazers who will have the most impact. We are excited to have Alyssa's leadership and experience on our team. We look forward to her joining us in our future investments as well as with our existing promising portfolio companies."
Jaffee brings a wealth of experience in venture capital and in digital health through her roles with the Pritzker Group Venture Capital, Hyde Park Angels, Healthbox, and the Advisory Board Company. Previously, Alyssa led investments in Bright.md and Tovala and supported healthcare companies Apervita, SilverVue, and AiCure. 7wireVentures Partner Robert Garber added, "Alyssa understands our investment thesis and consumer-driven focus. She will bring a diverse perspective to our deal evaluation and execution."
7wireVentures is an early stage healthcare venture firm based in Chicago, Illinois and founded by Glen Tullman and Lee Shapiro. 7wireVentures supports entrepreneurs who focus on empowering the Informed Connected Health Consumer to create great companies and change the status quo. 7wireVentures believes that mobile, connected platforms, the cloud, and sophisticated insights will improve the efficiency of the healthcare system and improve outcomes for all.