HomeUSA7wireVentures Launches $217+ M Growth & Opportunity Fund

7wireVentures Launches $217+ M Growth & Opportunity Fund


7wireVentures, a Chicago, IL-based digital health venture capital firm, completed a $217m Growth & Opportunity “GO” Fund.

The new capital will support later stage investments in high-potential companies from existing portfolios as well as new opportunities.

The firm has already completed three investments out of the GO Fund, including current portfolio company, NOCD, a specialty mental illness company focused on obsessive compulsive disorder, FOLX Health, a virtual healthcare platform which addresses the needs of the LGBTQIA+ community, and Parsley Health, a specialized virtual clinic designed to help complex chronic patients get better and feel better while reducing total cost of care.

Founded over a decade ago by Glen Tullman and Lee Shapiro, joined by Partners Robert Garber and Alyssa Jaffee, 7wireVentures is a venture capital firm investing in early-stage digital health companies supporting an “Informed Connected Health Consumer” – the epicenter of a consumer-first, tech-enabled convergence of the health and care markets.

The firm has built a portfolio of 23 companies and a strategic coalition of more than a dozen healthcare organizations.

Commenting on the close, Managing Partner, Glen Tullman, said: “We are excited to announce the successful closing of our new Growth & Opportunity Fund – affirming investors’ continuing belief in our consumer-driven digital health approach. After nearly a decade of success, we are now prepared to double down on some of our fastest growing and most impactful companies while we continue to widen our aperture to exceptional later growth-stage opportunities across the industry.

Managing Partner Lee Shapiro added: “With several companies in our portfolio sitting at the precipice of significant growth, we could not be more pleased to announce the closing of our latest Fund. We have developed a time-tested strategic and tactical playbook that has been proven out across market cycles, in partnership with transformative leaders and founders.

The closing of the $217M GO Fund brings the firm’s AUM to over $500M.