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Venture the Path Less TraveledTM

A healthcare venture capital firm rooted in the Midwest

Arboretum Ventures icon

Improving patient outcomes and access, reducing healthcare costs

Our progressive strategy of investing in under-ventured geographies and sectors, coupled with our expertise in building deep relationships with entrepreneurs, executives, and investment partners across the healthcare industry, are significant factors contributing to our success.

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Medical Devices
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Life Science Tools
& Diagnostics
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Care Delivery
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We seek innovations that solve (big) healthcare problems and make a transformational impact from teams who are diverse in thought, geography, and demographics.


We have a proven formula for identifying early-stage startups that can create value in a capital-efficient manner, accelerate portfolio value, and deliver superior returns.

Portfolio Spotlight

We invest in today’s ideas to forge a path for better healthcare tomorrow

Where NeuMoDx started?
Molecular diagnostics is one of the fastest-growing segments within the in-vitro diagnostics market, but existing systems are expensive, complex, and lack sophisticated automation. Through a unique combination of automation and microfluidics, the NeuMoDx Molecular clinical PCR systems offer best-in-class ease of use, throughput, and cost per test.

Where NeuMoDx is today?
Arboretum collaborated with the team to set the strategic direction that helped accelerate the company’s product development timeline and helped recruit new investors. Since Arboretum’s investment, NeuMoDx gained regulatory approvals for its first assays, launched its product, and in September 2020, QIAGEN acquired NeuMoDx to strengthen its portfolio of automated molecular testing.

Ready to grow with us?
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We fuel the future of healthcare

under management across five funds
of the portfolio invested in under-ventured markets over 20 years
of all active companies have either a female / minority CEO or founder
patient - lives impacted
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Shifting the venture capital paradigm

We are proud to be a Midwest venture capital firm operating with transparency, integrity, and approachability to help you realize your entrepreneurial and investor goals. Together, we’ll positively impact patients, communities, and healthcare.

Meet your team
Arboretum Ventures team


Tim Petersen brings a wealth of healthcare expertise and relationships to our company and is a very effective member of our Board of Directors. He rolls up his sleeves to assist us when it’s truly needed and has the good sense to stay out of the way when it’s not.

Lou SilvermanCEO Hicuity Health

As our Chairman, Paul McCreadie’s integrity, character, and talent creates a solid foundation of trust, which is essential for effective strategic thinking and decision making. I know that whether things are going well, or if we are facing challenges, I can always count on his collaborative, shoulder to shoulder support and entrepreneurial insight.

Mark ForchetteCEO Delphinus Medical Technologies

Jan Garfinkle has been a valued partner since the early formation of Strata. Her reputation in the business and deep network helped us attract an experienced syndicate of investors and has opened doors to strategic partners vital for our success.

Dan RhodesCEO Strata Oncology

Arboretum Ventures understands the importance of collaboration and passion in building a great company. Their expertise in clinical and reimbursement strategy along with a broad industry network were invaluable in fostering our success.

Surbhi SarnaCEO nVision Medical

Tom Shehab and the supporting Arboretum team provided not only the capital we needed, but also strategic advice, access to an extensive network of potential partners, and unceasing encouragement. Their support has brought out the best in our team and allowed us to focus on our vision of making neuromodulation therapies accessible and easier to use for millions of patients worldwide.

Jill SchiaparelliCEO Avation Medical

In the News

January 26, 2023 in Francis Medical, News Page

Francis Medical Appoints Andrew Cleeland to Board of Directors

Francis Medical, Inc., a privately-held medical device company developing an innovative and proprietary water vapor ablation therapy for the treatment of prostate, kidney, and bladder cancer, today announced the appointment…
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January 18, 2023 in News Page, Strata Oncology

Strata Oncology Announces Addition of Gilead as Strata PATH Trial Collaborator

Strata Oncology, Inc. a next-generation precision oncology company enabling smarter and earlier cancer treatment, today announced that Gilead Sciences, Inc. has agreed to collaborate on the Strata Precision Indications for…
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January 12, 2023 in JUMPCODE Genomics, News Page

Jumpcode Genomics joins PacBio Compatible Program

Jumpcode Genomics, a genome technology platform company focused on improving the understanding of human biology, today announced it has joined the PacBio Compatible partner program.
Read More