Rock Health Capital

Rock Health Capital is a venture capital firm based in San Francisco that invests at pre-seed, seed and Series A in digital health, backing management teams working at the intersection of healthcare and technology to improve healthcare outcomes through technology innovation. Its portfolio includes Mindstrong, Vida Health, Clover Health and DocSend. Rock Health's first portfolio class ran in 2011, though the parent organization was founded in August 2010 by Halle Tecco and Nate Gross.

What distinguishes the firm is that the fund is one of three arms rather than the whole business. Rock Health Advisory is an enterprise strategy group that helps large healthcare and pharmaceutical companies act on digital-health opportunities, and RockHealth.org is a nonprofit working on ecosystem change where market potential meets technology. The research operation is the visible edge of that platform: Rock Health publishes the quarterly digital health funding and market overviews the sector treats as its benchmark, which gives the fund proprietary market data and a reason for every operator in the category to take its call.

The investing history splits in two. An early seed-fund era ran small vehicles from inside the platform, including a $5.7 million Rock Health Seed Fund II in 2014. The institutional era began with Rock Health Capital Fund I, formed in 2021 against a $50 million target, which had drawn $32.5 million by mid-2023. Bill Evans, a Genentech veteran who joined as managing director in 2016, is founder and general partner; principal Sean Day is the second investment professional. The bench is intentionally small, with domain access supplied by the advisory practice and an institutional partner network that has included Kaiser Permanente, the Mayo Clinic, Genentech, UnitedHealth Group and UCSF.