The National Venture Capital Association (NVCA) today announced that Alexis Borisy, Partner at Third Rock Ventures, will serve as the 2018-2019 Chair of the NVCA Board of Directors. His appointment was made official at NVCA’s VCs-to-DC event in Washington, D.C., which doubles as the NVCA Annual Meeting.
Women continue to represent a tiny sliver of investors in Silicon Valley and other tech hubs. But in health tech, the divide isn’t quite as stark as in other sectors.
New research from the early-stage investment fund Rock Health found that women make up about 11 percent of health-tech partners, a slight decrease from 11.4 percent in 2015. The average overall for venture capital is just 7 percent.
Arboretum Ventures, a leading healthcare venture capital firm, today announced the promotion of Tom Shehab, M.D. to Managing Director. Dr. Shehab began his career at Arboretum in 2014 as a Principal after spending several years as a member of the Arboretum Technical Advisory Board.
A San Francisco native with an MBA from Wharton and experience working at two successful medical device startups in the Bay area, Jan Garfinkle was a trailing spouse when she moved to Michigan over 20 years ago. At the time, there were less than ten venture capital firms in existence in Michigan. Today there are 25, including Arboretum Ventures, which Jan founded in 2002 and remains a Managing Director today.
These 100 women manage budgets and civic initiatives. They lead in business, academia, nonprofits and public policy. They are CEOs, executive directors and company founders. Crain’s has been honoring influential women in metro Detroit since 1997; this year, we take that recognition statewide.
Venture capital firms in Michigan do better than their counterparts nationally, but women and minorities still account for a small number of investment professionals who work in the industry and the entrepreneurs it supports.