SteelSky Ventures is a Black owned venture capital firm focused on healthcare for women. The Atlanta-based venture capital firm recently announced the final close of its inaugural fund focused on improving access, care, and outcomes in women’s health.
The close of the fund brings SteelSky’s total assets under management to $72 million, making SteelSky the world’s largest venture capital fund focused on women’s healthcare.
SteelSky Ventures was founded by Maria Toler Velissaris after she uncovered a gap in funding for women, and more specifically, women’s health. To date, Maria has invested in over 20 female-led companies.
“Women’s health is an area of tremendous growth potential, and SteelSky is building a pipeline of the next billion-dollar healthcare giants. We are proud to invest in entrepreneurs who are significantly progressing healthcare for women around the world,” Maria said.
SteelSky invests across the spectrum of women’s health indications and care modalities, including medical devices, consumer health, digital health, ePharmacy, and retail therapeutics. The fund’s innovative approach to women’s health also allows for investment in technology infrastructure that supports new and innovative care delivery models.
The fund’s limited partners include healthcare strategic investors such as the American Hospital Association (AHA), Eli Lilly, Blue Shield of California, MultiCare Hospital System, Henry Ford Hospital System, and Essential Access Health.