MergerTech Advisors has launched the MergerTech Capital, a new $50 million venture capital fund. The fund will focus on the investment and development of healthcare IT product and services firms.
The MergerTech Capital fund’s main targets for investment will be companies focused on the enablement of personalized medicine through the use of technology. The fund will invest in IT infrastructure associated with healthcare, including cloud services, data security, consumer Internet, mobile applications, and managed IT. Additionally, the fund will invest in healthcare services providers that leverage technology as a means to reduce cost, scale or delivery gaps. Investments by the fund will be in early and growth stage US based companies.
Maneesh Goyal will be joining MergerTech Capital as General Partner leading the fund. In addition to Mr. Goyal as General Partner, MergerTech Advisors senior executives Nitin Khanna and Karan Khanna will also be managing the fund.