Health IT

Founders Fund has a fresh $1B to spend. Here’s a look at its healthcare picks

The rumors were true – kind of: The Founders Fund has been out raising a massive amount of cash for a fifth fund, but it’s not $750 million as originally thought. It’s $1 billion, the fund said today. Most known for backing Facebook, Spotify and Elon Musk’s SpaceX, FF is a “stage agnostic” fund that […]

The rumors were true – kind of: The Founders Fund has been out raising a massive amount of cash for a fifth fund, but it’s not $750 million as originally thought. It’s $1 billion, the fund said today.

Most known for backing Facebook, Spotify and Elon Musk’s SpaceX, FF is a “stage agnostic” fund that focuses on aerospace, artificial intelligence, advanced computing, energy, health and consumer Internet.

Since its creation in 2005 by PayPal co-founders Peter Thiel, Luke Nosek and Ken Howery, it’s raised more than $2 billion to invest in startups.

As of late, it’s been doing quite a bit in the digital health and genetics space. Here’s a look at the health-focused companies it’s invested in through its angel and venture funds

This list was compiled based on the fund’s website and news archive searches. If there are companies missing, feel free to add them in the comments.

Research

CDD – Service that allows researchers to store, share, organize and mine drug development research

Nanotronics Imaging – Microscopes and tools for nanoscale imaging

Synthego – Building software and hardware to bring biological research into the digital age

Health IT/digital health

Practice Fusion – Web-based electronic health records

ZocDoc – Searchable database of physicians and reviews with online booking

Glow – Period, fertility and ovulation tracker apps

Azumio – iPhone apps for tracking heart rate, sleep, fitness and stress levels

RingaDoc – Provider of instant audio and video consultation with physicians

SharePractice – Medical reference app for doctors

NeuroTrack – Computer test and algorithm to help diagnose early-stage Alzheimer’s disease

Misfit Wearables – Wearable health and fitness tracker

Genetics

Counsyl – Pre-pregnancy genetic testing

Natera – Uses genetics and software engineering for noninvasive prenatal testing

Pathway Genomics – Genetic testing for heart health traits, cancer risk and other complex health conditions

Pharma

Signature Therapeutics – Developing abuse-resistant opioid pain medicines