Scottsdale's Xcellerant Ventures Launches Jetstream Venture Fund, Expanding Access to VC-Style Investing
SCOTTSDALE, Ariz., Oct. 9, 2025 /PRNewswire/ -- Xcellerant Ventures (XVC) today announced the launch of the Jetstream Venture Fund (Jetstream), an innovative interval fund recently declared effective by the SEC. Jetstream seeks to provide professionals with access to venture-style investments that were traditionally limited to institutional institutions and the ultra-wealthy through a minimum investment of $20,000.
Structured for accessibility and flexibility, Jetstream allows investors to:
- Buy in starting at $20,000 (versus $250K–$500K minimums in traditional VC)
- The ability to withdraw funds every six months
- Stay invested through the full growth cycle of a company with an evergreen structure
- Share all profits with no carried interest profit sharing (instead, a flat 2.9% management fee applies plus operating expenses)
"Early-Stage Venture capital has been the highest-performing asset class in the U.S. for decades, but most professionals have been shut out," said Mike Shufeldt, General Partner at Xcellerant Ventures. "Jetstream was built to close that gap and give professionals a straightforward, professionally managed way to take part in early innovation."
Backed by Proven Healthcare & Innovation Leadership
Jetstream is led by John Shufeldt, MD, JD, MBA, a nationally recognized physician, entrepreneur, and investor who has built and sold multiple healthcare companies. Dr. Shufeldt pioneered and scaled NextCare Urgent Care, later sold to private equity, launched MeMD, acquired by Walmart Health, and continues to lead healthcare innovation through ventures like VivaMed BioPharma.
"I've spent my career building companies that solve problems in healthcare," said Dr. Shufeldt. "With Jetstream, we're applying that same entrepreneurial approach to investing; giving investors access to the kind of opportunities that can transform industries."
Joining him is Chris Yoo, PhD, a scientist, entrepreneur, and venture investor with a background in bioinformatics and commercialization, Doug Sylvester, JD, LLM, a visionary leader at the intersection of law, innovation, and entrepreneurship, and Mike Shufeldt, MBA, a decorated Air Force fighter pilot and healthcare entrepreneur. Together, the leadership team blends medical expertise, operational experience, and venture acumen.
"Unlike many venture firms, we've been operators inside the industries we invest in," said Dr. Yoo. "We understand the challenges and opportunities because we've lived them. That's the perspective Jetstream brings to its investors."
Positioned at the Intersection of Healthcare and Innovation
While Jetstream is structured as a generalist fund, its leaders see particular opportunity in MedTech, BioTech, and HealthTech — areas where Shufeldt and Yoo have decades of combined experience. Their vantage point allows Jetstream to identify and support companies with real-world impact, while giving investors access to deals that were previously behind closed doors.
"We're looking for breakout opportunities where innovation meets scale, whether that's in healthcare, life sciences, or adjacent high-growth sectors," said Sylvester. "We are at the forefront of the public-private trend and want to invite everyone who is interested in early-stage VC investing to take a close look at our Fund."
About Jetstream Venture Fund
Jetstream Venture Fund is an interval fund managed by Xcellerant Ventures and Sweater Industries LLC, that seeks to provide investors access to early-stage, high-growth companies with flexible terms, lower minimums, and no carried interest. Jetstream is one of the first funds of its kind, bringing venture-style investing opportunities to a wider professional audience. Back-end administration is provided by Sweater Ventures a ground-breaking turnkey fund management company.
About Xcellerant Ventures
Xcellerant Ventures (XVC) is a Phoenix-based venture capital firm investing in early- and seed-stage startups in HealthTech, MedTech, and BioTech. With a team of seasoned investors and industry leaders, XVC supports transformational companies through regulatory pathways, commercialization, and scaling strategies. www.xcellerantventures.com
Disclosure
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by emailing [email protected] or by visiting the Fund's website at https://www.jvf.vc. Please read the prospectus carefully before investing.
Media contact: Dawson Fearnow at MMPR Marketing, [email protected], 602-264-2655
SOURCE Xcellerant Ventures

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