Town Hall Ventures Announces $440 Million Fund IV to Advance AI and Healthcare Innovation for Underserved Communities

Expanded Leadership Team Announced

NEW YORK, Oct. 15, 2025 /PRNewswire/ -- Town Hall Ventures announced today that it is beginning the investment program for its fourth fund, with approximately $440 million of capital commitments. The new fund will further the firm's vision of leveraging the power of AI and other innovations to transform healthcare delivery for underserved communities in the U.S..

Since its founding in 2018, Town Hall Ventures has invested in 42 companies across launch, venture and growth stages. This portfolio now reaches across 1 in 5 Americans, bringing the latest innovations and most comprehensive care models to individuals and communities often left behind by the healthcare system. Town Hall and its network of partners will deploy Fund IV to help healthcare companies bring new technologies to the communities facing the biggest roadblocks to care first.

"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, MD, PhD, General Partner of Town Hall Ventures. 

Investors have recognized the importance of this mission. "The obsession that the Town Hall team has with turning mission into business alpha has made it easy for me to join them in all four of their funds", said Limited Partner John Doerr, "Population need and big business opportunities aren't the same thing. It takes a special group of people to see that intersection and turn it into reality."

Leadership Team Expansion

With current partners Andy Slavitt, David Whelan, Meera Mani and Anna Fagin, Town Hall Ventures has announced key leadership team additions alongside Fund IV:

• Catherine Olexa-Meadors has joined as Head of Partnerships and Growth. Drawing on healthcare startup and scaling experiences with Aledade and Remedy Partners (now Signify Health), she will focus on accelerating portfolio company success and deepening engagement across our network.
• Will Stokes, Co-Founder of Strive Health, has rejoined Town Hall to lead Hatch, the firm's company-creation studio, which builds transformational healthcare businesses in collaboration with the Town Hall network.

With Fund IV, Town Hall is positioned with both the resources and leadership strength to back the next generation of industry-defining healthcare companies.

About Town Hall Ventures

Town Hall Ventures is a venture capital firm with $1.4 billion AUM that invests in cutting edge care models and technologies to transform healthcare for underserved communities. The firm partners with and supports visionary entrepreneurs who are redesigning care delivery, harnessing technology, AI and data, to create scalable solutions that improve health outcomes while lowering costs. Town Hall equips founders with the insight and relationships needed to scale — combining deep policy expertise with decades of operating experience and trusted access to health systems, payors, and partners who accelerate adoption. Notable investments have included Thyme Care, Strive Health, Marble Health, Arine, Qualified Health, Ambience Healthcare, Habitat Health and Cityblock Health. For more information, visit https://www.townhallventures.com/.

SOURCE Town Hall Ventures