About Town Hall Ventures
Town Hall Ventures is a venture capital firm founded in 2018. It is primarily based out of Minneapolis, United States. As of May 2026, Town Hall Ventures is an active investor, having invested in 35 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Enterprise Applications and EdTech. Most recently it participated in the $***** Seed round of Kin Health Overall, Town Hall Ventures portfolio has seen 5 unicorns and 5 acquisitions including key companies like Unite Us, Ambience and Cityblock. A lot of funds co-invest with Town Hall Ventures, with names like New Enterprise Associates sharing a substantial percentage of its portfolio. Town Hall Ventures has team of 13 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Town Hall Ventures' List of Top Investments
Town Hall Ventures has a portfolio of 35 companies, including 5 unicorns. Their most notable investments are in Strive Health and Arine.Their portfolio spans across and United States. They have invested in HealthTech, Enterprise Applications, EdTech and 7 other sectors, across stages such as Series B, Series C and 3 more. Here is the list of top investments by Town Hall Ventures:
1. Unite Us
Cloud-based interoperability and online community management software for patients. The company operates with medical facilities and providers community health management. It provides two solutions community management and care coordination. It has features like referral management, communication, assessment, care plan management, and more.
Key facts about Unite Us
- Founded Year: 2013
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $196M
- Employee Count: 403 as on May 31, 2026
- Investors: Merck Global Health Innovation Fund, Premji Invest and 21 Others
- Latest Funding Round: Series C, Mar 16, 2021, $*****
- Highlight: Editors' Pick
2. Ambience
Provider of AI-based medical scribe software for providers. The company offers a fully automated AI medical scribe that Embeds into EMR workflows and generates notes within seconds.
Key facts about Ambience
- Founded Year: 2020
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $313M
- Employee Count: 237 as on May 31, 2026
- Investors: Georgian, Founders Circle Capital and 13 Others
- Latest Funding Round: Series C, Jul 01, 2025, $*****
- Highlight: Editors' Pick
3. Cityblock
Cityblock Health provides a chain of tech-heavy clinics for multiple healthcare solutions for patients. The company develops healthcare technology solutions that enable low-income urban residents to get personalized care. The company partners with community-based organizations, health plans, and other risk-bearing providers to design and deploy personalized care for every member of a community. Users can access the professional for medical care, mental healthcare, and community support.
Key facts about Cityblock
- Founded Year: 2017
- Location: Brooklyn (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $900M
- Employee Count: 800 as on May 31, 2026
- Investors: CapitalG, Echo Health Ventures and 26 Others
- Latest Funding Round: Series D, Sep 03, 2021, $*****
- Highlight: Editors' Pick
Provider of solutions for value-based care management for healthcare organizations. The software platform offers facilities to manage clinical and financial health outcomes. The company also offers a documentation platform for risk evaluation of patient's health data. The platform helps in monitoring patient reports and once the risk population is high, they provide onsite care management services to patients. The networking features provides blogs, posts, podcasts, and articles from patient networks.
Key facts about Signify Health
- Founded Year: 2009
- Location: Dallas (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 3,738 as on May 31, 2026
- Investors: HTIF, HarbourVest Partners and 7 Others
- Latest Funding Round: Series B, Jan 27, 2015, $*****
- Highlight: Acquired
5. Aetion
Real-world evidence solutions transforming healthcare decisions with data-driven insights. The company provides software and services to generate real-world evidence for life sciences developers, regulators, and purchasers. They offer a platform for data ingestion, preparation, and validated analytical methods to accelerate studies and insights. Their solutions include software to discover, activate, substantiate, and generate real-world evidence. Services encompass RWE strategy, scientific feasibility, data services, study design, and privacy solutions. They focus on turning data into decisions that shape the future of healthcare, offering a data-agnostic platform that powers evidence generation across various data sources and formats. This is a B2B, SaaS, and software company.
Key facts about Aetion
- Founded Year: 2012
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $212M
- Employee Count: 102 as on May 31, 2026
- Investors: Foresite Capital, Amgen Business Development and 17 Others
- Latest Funding Round: Series C, May 11, 2021, $*****
- Highlight: Acquired
Town Hall Ventures' Year-on-Year Investment Trends
Town Hall Ventures has invested in 35 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 9 investments, while as of May 2026, it has made 4 investments in this year. Its most recent first time investment was in Kin Health and most recent follow-on round was in Qualified Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 5 | 4 | 9 |
2024 | 1 | 4 | 5 |
2023 | 3 | 2 | 5 |
2022 | 2 | 2 | 4 |
2021 | 4 | 2 | 6 |
2020 | 3 | 1 | 4 |
2019 | 3 | 2 | 5 |
2018 | 4 | 0 | 4 |
Town Hall Ventures' Investments by Stage
Town Hall Ventures has made 12 investments in Series B stage with an average round size of $63.2M, 6 investments in Series C stage with an average round size of $98.5M, 5 investments in Series A stage with an average round size of $17.3M, 4 investments in Seed stage with an average round size of $10.4M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Series B | 12 |
Series C | 6 |
Series A | 5 |
Seed | 4 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Town Hall Ventures' Investments by Sector
Town Hall Ventures has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Healthcare, Consumer and Financial Services. Notably, it has invested in 21 Tech companies, 18 Enterprise (B2B) companies, 17 Software companies and at least 14 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 17 |
Enterprise Applications | 11 |
Healthcare | 7 |
Consumer | 3 |
Financial Services | 3 |
Others | 10 |
Note: We have considered here, only first round of investments
Town Hall Ventures' Investments by Geography
Town Hall Ventures has made most investments in United States (28).Town Hall Ventures' recent investments
Town Hall Ventures has made 4 investments in 2026 so far. Kin Health and Jimini are the latest among them.Here are the most recent investments by Town Hall Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2026 | United States | Seed | 9223 | [+11] | |
Mar 31, 2026 | United States | Seed | 7557 | [+3] | |
Mar 25, 2026 | United States | Series B | 4965 | ||
Jan 29, 2026 | United States | Series B | 9433 | [+1] | |
Nov 12, 2025 | United States | Series B | 7879 |
Unicorns in Town Hall Ventures' Portfolio
Town Hall Ventures has 5 unicorns in its portfolio - Thyme Care, Ambience, Somatus and others. The most recent unicorn in their portfolio is Thyme Care. It became a unicorn in 2025, 2 years after Town Hall Ventures first invested in it.Here is a list of unicorns in Town Hall Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of home nursing care services | 2020 | Nashville | Series D | llxnpqy | ||
70 | Provider of AI-based medical scribe software for providers | 2020 | San Francisco | Series C | ifm{rqe | ||
58 | Software enabled concierge services company to help manage chronic kidney disease | 2015 | Dunn Loring | Series E | hqqjweg | ||
68 | Provider of tech-heavy clinics for multiple healthcare solutions for patients | 2017 | Brooklyn | Series D | qnspami | ||
72 | Cloud-based interoperability and online community management software for patients | 2013 | New York City | Series C | tnsxosg |
Acquired companies in Town Hall Ventures' Portfolio
5 companies from Town Hall Ventures' portfolio have been acquired. The most recent acquisition was Aetion in May 2025 by Datavant for $*****.Here are Town Hall Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 15, 2025 | - | - | 4775 | |
Sep 05, 2022 | - | - | 1239 | |
Nov 03, 2021 | - | - | 3363 | |
Oct 14, 2021 | Sep 04, 2019 | Series B | 3155 | |
Feb 21, 2021 | - | - | 5406 |
Team profile of Town Hall Ventures
Town Hall Ventures has a team of 13 members including 4 Partners and 1 Principal located in United States. Town Hall Ventures' team sits on the board of 2 companies.Here is a list of top team members in Town Hall Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | - | |
Partner | Pasadena | - | ||
Partner | New York City | - | - | |
Partner | New York City | - | - | |
Principal | Memphis | - | - |
Co-investors of Town Hall Ventures
Over the past 8 years, 197 investors have co-invested in Town Hall Ventures's portfolio companies. This includes funds and angels.
- Invested before Town Hall Ventures: Bessemer Venture Partners, Andreessen Horowitz and 54 others have invested in rounds before Town Hall Ventures. There are 3 companies where Bessemer Venture Partners has invested before Town Hall Ventures and 2 companies where Andreessen Horowitz has invested before Town Hall Ventures.
- Top Co-investors of Town Hall Ventures: 79 investors entered a company along with Town Hall Ventures. These include investors like New Enterprise Associates (4 companies).
- Invested after Town Hall Ventures: A total of 62 investors have invested in Town Hall Ventures's portfolio after their investments. Top Investors include Transformation Capital (3 companies), Emerson Collective (2 companies) and Optum Ventures (2 companies).
Recent News related to Town Hall Ventures
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Portal Biotechnologies Raises $9M in FundingFinSMEs•Jun 19, 2026•Pear VC, Portal, IKJ Capital, IA Ventures and 6 others
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Kin Health Raises $9M in Seed FundingFinSMEs•May 19, 2026•Family Fund, Flex Capital, Pear VC, Maveron and 2 others
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Jimini Health Secures $17M Seed Funding RoundMassinvestor•Mar 31, 2026•M13 Company, One Mind, Town Hall Ventures, Zetta Venture Partners and 4 others
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Indigo Raises $50 Million to Modernize Medical Malpractice Insurance NationwideBusiness Wire•Jan 29, 2026•Indigo, Town Hall Ventures, Optum Ventures, Rubicon Founders and 1 other
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House Rx Secures $55M to Expand In-Clinic Specialty Pharmacy ModelHIT Consultant•Nov 12, 2025•House Rx, Town Hall Ventures, LRVHealth, New Enterprise Associates and 3 others
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Town Hall Ventures Raises $440 Million for New Fund Focused on Healthcare InnovationsBitcoin Ethereum News•Oct 15, 2025•Town Hall Ventures
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HiOctave Raises $15M in FundingFinSMEs•Oct 08, 2025•Anthropic, Celesta Capital, Menlo Ventures, Khosla Ventures and 9 others
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Thyme Care reaches $1B valuation in latest funding roundEndpoints•Sep 25, 2025•Thyme Care, CVS Health Ventures, JPMorgan Chase, Humana and 9 others
