Define Ventures
Venture Capital and Private Equity PrincipalsCalifornia, United States11-50 Employees
Define Ventures is a San Francisco-based investment firm focused exclusively on early-stage digital health companies, managing about $800 million in assets. The team pursues a high-conviction approach across incubation, seed, Series A, and Series B rounds, seeking to combine a deep understanding of the healthcare ecosystem with a technology-driven mindset. Its track record includes involvement with firms that have delivered substantial exits in enterprise, value-based care, and direct-to-consumer spaces, such as Livongo, Evolent, and Hims & Hers. The firm targets early-stage digital health ventures seeking to scale, offering guidance grounded in a history of scaling category-defining companies. It has added notable venture partners in recent years, including Bruce Broussard in 2024 and Carolyn Magill in 2025, reflecting a commitment to strategic leadership. Operating from the San Francisco area, Define Ventures positions itself within the health-tech investment landscape as a partner for founders navigating incubation through Series B.