VentureHealth, an online healthcare investment portal for accredited investors, has launched a new model for equity crowdfunding.
Focused on innovations that dramatically improve clinical outcomes, VentureHealth is the first equity crowdfunding portal founded by professional investors. The investment platform offers qualified investors access to life sciences deals that traditionally were reserved for venture capitalists.
Mir Imran, co-founder and managing director, is a prolific medical innovator who has founded more than 20 life sciences companies and holds more than 200 patents. Imran is also the founder of InCube Labs, a multi-disciplinary research lab that develops breakthrough medical technologies, and InCube Ventures, a life sciences venture fund. Andrew Farquharson, co-founder and managing director of VentureHealth, is an investor and entrepreneur with two decades of experience building, restructuring and acquiring companies in life sciences. He is also a founding member of InCube Ventures and an adviser to InCube Labs. Talat Imran, the third co-founder and managing director, is an accomplished entrepreneur in the world of digital media.
"Venture capital for early stage life sciences companies has dried up in the last few years, and promising companies are always looking for investors. VentureHealth has the potential to change how healthcare innovations are funded, which is a win for both entrepreneurs and investors," says Imran.
"We founded VentureHealth so that physicians and other accredited investors can invest in the most compelling biomedical innovations," says Farquharson. "This model gives individuals access to high-quality deals, investing on terms offered to professional VCs. It’s a paradigm shift and, if we’re successful, this could change the landscape for biomedical financing."
VentureHealth has raised USD875,000 as part of a Series B round for Channel Medsystems, a start-up developing next generation cryoablation technologies.
