The Bay Area is still one of the best places in the world to build a health-tech company. From San Francisco to Menlo Park and Palo Alto, founders have access to deep technical talent, world-class research institutions, and investors who understand how complex — and meaningful — healthcare innovation can be.
Another big advantage is proximity. Many of the most active health-tech investors are located just minutes from each other. That makes it easier to meet in person, build real relationships, and get feedback early — instead of relying only on cold emails.
To help founders navigate this landscape, the Foundersuite research team curated this list of 18 health-tech investors based in or highly active in the Bay Area. These firms regularly back digital health, biotech, healthcare IT, and life-sciences startups across different stages.
Let’s dive in.
1. a16z Bio + Health
Website: a16z.com/bio-health
Notable Investments: Freenome, One Medical, Devoted Health, Virta Health
Preferred Stage: Seed → Growth
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/andreessen-horowitz
Important Team Members:
Julie Yoo — General Partner
David Haber — General Partner
2. General Catalyst
Website: generalcatalyst.com
Notable Investments: Livongo, Cityblock Health, Oscar Health
Preferred Stage: Seed → Growth
Location: San Francisco, CA
LinkedIn: linkedin.com/company/general-catalyst-partners
Important Team Members:
Hemant Taneja — CEO & Managing Director
Chris Bischoff — Managing Director
3. Khosla Ventures
Website: khoslaventures.com
Notable Investments: Guardant Health, AliveCor, Oscar Health
Preferred Stage: Seed → Growth
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/khosla-ventures
Important Team Members:
Vinod Khosla — Founder
Keith Rabois — Managing Director
4. NEA (New Enterprise Associates)
Website: nea.com
Notable Investments: Tempus, Flatiron Health, 23andMe
Preferred Stage: Series A → Growth
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/new-enterprise-associates
Important Team Members:
Scott Gottlieb — Partner
5. Lux Capital
Website: luxcapital.com
Notable Investments: Owkin, Vicarious Surgical, Eikon Therapeutics
Preferred Stage: Seed → Series B
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/lux-capital
Important Team Members:
Josh Wolfe — Co-Founder & Managing Partner
6. Bessemer Venture Partners (Healthcare)
Website: bvp.com
Notable Investments: Hims & Hers, Bright Health, Kyruus
Preferred Stage: Seed → Growth
Location: San Francisco, CA
LinkedIn: linkedin.com/company/bessemer-venture-partners
Important Team Members:
Steve Kraus — Partner
Byron Deeter — Partner
7. F-Prime Capital
Website: fprimecapital.com
Notable Investments: Devoted Health, Iora Health, PatientPing
Preferred Stage: Seed → Growth
Location: San Francisco, CA
LinkedIn: linkedin.com/company/f-prime-capital-partners
Important Team Members:
Olivia Carlson — Senior Associate
Gaurav Tuli — Partner
8. DCVC (Data Collective)
Website: dcvc.com
Notable Investments: Freenome, Insitro, Recursion
Preferred Stage: Early-stage → Growth
Location: Palo Alto, CA
LinkedIn: linkedin.com/company/data-collective/
Important Team Members:
Matt Ocko — Co-Managing Partner
Kelly Chen — Partner
9. First Round Capital
Website: firstround.com
Notable Investments: Notable Health, Omada Health, Butterfly Network
Preferred Stage: Seed
Location: San Francisco, CA
LinkedIn: linkedin.com/company/first-round-capital
Important Team Members:
Josh Kopelman — Founder & Partner
Rob Hayes — Partner
10. 5AM Ventures
Website: 5amventures.com
Notable Investments: Cleave Biosciences, Ikaria, Cardurion
Preferred Stage: Seed / Series A
Location: San Francisco, CA
LinkedIn: linkedin.com/company/5amventures
Important Team Members:
Andrew Schwab — Managing Partner
11. Sofinnova Investments
Website: sofinnova.com
Notable Investments: Gilead, Acerta Pharma, Lyra Therapeutics
Preferred Stage: Early-stage → Growth
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/sofinnova-ventures
Important Team Members:
Maha Katabi — General Partner
Lars Ekman — Executive Partner
12. Venrock
Website: venrock.com
Notable Investments: Flatiron Health, Omada Health, Cloudflare
Preferred Stage: Seed → Growth
Location: Palo Alto, CA
LinkedIn: linkedin.com/company/venrock
Important Team Members:
Bob Kocher — Partner
Bryan Roberts — Partner
13. Polaris Partners
Website: polarispartners.com
Notable Investments: Moderna, Akili Interactive, Ironwood
Preferred Stage: Early-stage
Location: San Francisco, CA
LinkedIn: linkedin.com/company/polaris-partners
Important Team Members:
Dave Barrett — Managing Partner
Alexandra Cantley — Partner
14. RA Capital Management
Website: racap.com
Notable Investments: Moderna, Sarepta Therapeutics, Wave Life Sciences
Preferred Stage: Early-stage → Public
Location: San Francisco, CA
LinkedIn: linkedin.com/company/ra-capital-management-llc
Important Team Members:
Peter Kolchinsky — Founder & Managing Partner
15. GV (Google Ventures)
Website: gv.com
Notable Investments: Flatiron Health, Oscar Health, Verily
Preferred Stage: Seed → Growth
Location: San Francisco, CA
LinkedIn: linkedin.com/company/gv
Important Team Members:
Krishna Yeshwant — Partner
Elena Sakach — Partner
16. Menlo Ventures (Healthcare)
Website: menlovc.com
Notable Investments: Suki AI, Insitro, Devoted Health
Preferred Stage: Seed → Growth
Location: Menlo Park, CA
LinkedIn: linkedin.com/company/menlo-ventures
Important Team Members:
Shawn Carolan — Partner
Ryan Hand — Head of Research
17. Artis Ventures
Website: artisventures.com
Notable Investments: Freenome, Transcriptic, Cota
Preferred Stage: Early-stage
Location: San Francisco, CA
LinkedIn: linkedin.com/company/artis-ventures
Important Team Members:
Stuart Peterson — Founder & Managing Partner
18. The Column Group
Website: thecolumngroup.com
Notable Investments: CRISPR Therapeutics, Maze Therapeutics
Preferred Stage: Early-stage
Location: San Francisco, CA
LinkedIn: linkedin.com/company/the-column-group
Important Team Members:
Leon Chen — Partner
Peter Svennilson — Managing Partner
Ending Note
This list was created for founders building health-tech in the Bay Area — so you can focus on investors who already understand healthcare regulation, long product cycles, and the realities of scaling in this space. Many of these firms are local, accessible, and actively meeting founders across San Francisco and Silicon Valley.
Use this list as a starting point. If you want to go deeper, the Foundersuite Investor Database lets you discover and research thousands of health-tech investors by location, stage, check size, and sector focus — far beyond just the most well-known firms.
Build a smarter, more targeted fundraising list. Start conversations early, get real feedback, and keep building. Often, the right investor is closer than you think.
