The healthcare innovation fund Jumpstart Foundry (JSF) has chosen Lambent Data as one of eight companies in its first cohort for 2024. Based in Nashville, Jumpstart Health Investors is the parent company of JSF, and also includes growth funds focused on healthcare.
In a press release, Doug Edwards, the CEO of Jumpstart Health Investors, noted, “Our first quarter 2024 investments represent some of the best and brightest founders and teams we have ever seen. These portfolio additions to Jumpstart Foundry are also creating incredible new innovations in healthcare. These 8 additions bring JSF’s lifetime investments to more than 200 early-stage healthcare companies...and we are just getting started!”
Lambent Data and the seven other companies each received a JSF investment of $150,000 through a standard post-money SAFE note. The entrepreneurs also are participating in Jumpstart's exclusive program, Jumpstart Insight, which brings excellent resources to founders, including interactive webinars with experts in business arenas, timely interactive discussions with healthcare leaders, a vast library of other business and healthcare-focused resources, and various discounts from vendors. As one of the investors in JSF is Right Side Capital Management (RSCM), JSF staff have also introduced the JSF companies to the RSCM team for additional support. JSF entrepreneurs also have the opportunity to engage with one another, including those from previous cohorts, through a lively Slack channel and Zoom meetings. See more details about each of the eight companies and the full JSF portfolio.
Kirsten Hund Blair, Lambent's Co-founder and CEO, and Kevin McClarren, Lambent's President and COO, have been delighted to participate in these JSF virtual meetings and other activities.
On Friday, August 23, 2024, 1 pm - 2:30 pm Eastern, Lambent and the other seven companies will be featured in a "JSF First Look" for over 100 investors and others, via a Zoom call. Kirsten will present a pitch deck highlighting Lambent's work, impact, and funding opportunities. Investors and others will then have an opportunity to talk with Kirsten and Kevin in a live Zoom break-out room. Register here. Also, the pitches (not the break-out rooms) will be recorded and posted later. Stay tuned for the posting!
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