HomeUSAHM Venture Partners Adds Harry Hoffman and David Herbert as Venture Partners

HM Venture Partners Adds Harry Hoffman and David Herbert as Venture Partners

HM Venture Partners

HM Venture Partners (HMVP), a San Francisco, CA-based global healthcare venture capital firm, added Harry Hoffman and David Herbert as Venture Partners.

In their roles, Hoffman and Herbert will enhance team structure, proprietary deal sourcing capability, and growth opportunities for portfolio companies.

Harry Hoffman previously served as Chief Investment Officer at Mayo Clinic, where he designed and implemented a global multi-asset investment strategy. He also served as Treasurer for Mayo where he oversaw issuance of debt, banking, insurance, and risk management relationships.

David Herbert previously served as Chief Administrative Officer of Mayo Clinic Laboratories.  In addition, he led the New Ventures and Technology Commercialization divisions at Mayo Clinic Ventures and later served as Chair of Mayo Clinic Global Business Solutions, which is charged with extending Mayo products and services globally.  

In 2021, Hoffman and Herbert formed Southeast Minnesota Capital Partners (SMCP), a seed and early-stage venture capital firm that manages Southeast Minnesota Capital Funds I and II, which back high potential Minnesota med tech and life sciences startups, including many with Mayo Clinic roots.  The Funds’ investors include many Mayo Clinic physicians and business leaders as well as high net worth individuals and investment professionals from across the U.S.

Led by Robert Luo, Founding and Managing Partner, HMVP is a healthcare venture capital firm that works with high growth medical and healthcare companies at all stages to address unmet needs in huge markets. Established in 2019, the firm manages 3 funds with 60 portfolio companies and has approximately $600 million in assets under management. The team with over 25 professionals is based in San Francisco, Rochester (MN), Beijing, and Shanghai.