WORK THAT MATTERS.
WHO?
Kathryne Cooper
Founder
is passionate about growing early stage companies and creating a diverse ecosystem to support entrepreneurs.
Juan Espinoza
Founder
is passionate about solving society's most pressing issues and encompassing the intersection of data and technology.
WHAT IS HEALTHTECH DEI?
We bring DEI to investment strategy through lived experience.
Our diverse team, robust network, and collective expertise delivers more inclusive investment strategies and solutions that optimize financial performance and capitalize on the wealth in diversity.
EVALUATION
We can help you understand where you’ve been.
STRATEGY
We can help you understand where you’re going.
IMPLEMENTATION
We can help you get there.
HOW?
WHY?
BECAUSE
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2.8% of VC funding in 2019 went to female founders
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1% of VC-backed founders are Black
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0.04% of VC funding has gone to Latinas
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0.0006% of all funding since 2009 has been invested in Black female founders
BECAUSE
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93% of VC firms have no Black investment partners
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<10% percent of decision-makers at VC firms in the U.S. are women
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<1% of senior VCs involved in investment decisions are Black—four of 552 people
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1.3% of senior VCs are Latinx
BECAUSE
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Companies with a female founder performed better than their all-male counterparts
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Among startups, there is a linear relationship between diversity and earnings; as racial and ethnic diversity on the senior-executive team increases, so do earnings before interest and taxes
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Diverse fund managers tend to outperform their white male peers
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Investors are leaving billions of dollars in market capitalization on the table when the don’t invest in underestimated founders
SOURCE: Cooper, K., Cramer C., Tibebu, S., O’Malley, M., & Espinoza, J. (2020). Underinvested: Strategies for Supporting Diversity, Equity, and Inclusion in Health Care Venture Investment [White paper]. The California Health Care Foundation, Oakland, California. https://www.chcf.org/publication/strategies-supporting-diversity-equity-inclusion-venture-investment/
You can also find the full text version of our 2020 Landscape Analysis here.
Because awareness is an excellent first step, but it’s only the first step. Organizations need to change their practices, but they need to know HOW to change. Health DEI is the how.
Our goal is to help accelerate the shift toward more equitable investing practices.
HealthTech DEI is the vehicle to scale our impact as individuals to changing behavior across the industry.
We are here to CHANGE the INDUSTRY.
WHERE?
As a virtual team, we work with partners anywhere.
Our virtual approach is intentionally inclusive, and enables organizations of all types and sizes to engage with us.
In the real world, we’re based in sunny Los Angeles, California.
WHEN?
We are ready when you are.
Let’s talk about HealthTech DEI.