Michael Cardamone’s Post

We couldn't be more excited to partner with Jeremy Bhatia through our Venture Studio to launch Eddi. See more about the company below 👇

I'm really proud of how the brand and website have evolved since rebranding in 2021. A big kudos to Alexis Clarfield-Henry, Maggie Bolt & Teija Bean especially for pulling this all together! Check it out below.

We are thrilled to announce that Jennifer Arnold, Co-Founder & CEO of Minerva (one of our PortCos - gominerva.com), has been named a finalist for the 2024 Most Influential Women in Fintech award by American Banker!    This award recognizes women in the financial technology community who have wielded influence and helped move the industry forward. Jen's in great company with some incredible leaders from Mastercard, Square, Plaid, R3, Orum Hello Alice, among others. Join us in celebrating Jen's outstanding leadership and innovation in advancing AML screening and investigations. This recognition underscores her impact and Minerva's leadership in the industry. Read more about Jennifer's achievement and Minerva 's innovative approach:  https://lnkd.in/egYSDd2Z Congratulations, Jennifer! #Fintech #Leadership #AML #WomenInTech #Innovation #Minerva

Exciting new feature from Forum portfolio company, Fireflies.ai!

Sunday was ten years since I started Forum Ventures! 🤯 It isn’t often that I stop to appreciate what we have built, as I’m usually heads down focused on building brick by brick. With that said, it has far surpassed what I initially set out to accomplish and I now believe we can build an enduring firm and business that lasts for decades beyond my own career. We’ve gone from a $3.5M first fund and a one person team (me) to $100M+ in AUM, 32 full time people on the team, 500+ portfolio companies, adding 100+ a year now, and 3 cohesive strategies with our Venture Studio, our flagship Accelerator and our Pre-Seed funds. And in my opinion we’ve now built the team, platform, infrastructure and track record to really scale from here. I couldn't be more excited for what's ahead over the next 10 years. It certainly hasn't been up and to the right; and it has taken a village to get us here. I'm incredibly grateful for the folks who believed in me and the strategy back in 2014 when I had no investing track record, many of which are still investing with us to this day. Rowan Trollope, Nick Mehta & Karen Page in particular were the first 3 to agree to invest and more importantly give some of their time to help me get it started. Dave Lambert & Larry Bernstein for being early investors & now major LP's, incredible partners and mentors over the last 10 years. Sean Glass, Allen Gannett & Collin Gutman for being investors and advisors to the fund in the early days. Jim Marshall, Hillary Tyree & Tuan P. who were at SVB at the time and gave a brand new accelerator with a tiny fund free office space & opened their network for helpful introductions. And a big shout out to the people who took a chance and joined the team early, all of whom were instrumental in building the business and early track record (Whitney Sales, Alec Barrett-Wilsdon, Nina Stepanov, Akul Penugonda and others). And the founders who we had the privilege of investing in during the early cohorts like Sunny Manivannan (we recently invested in him again), Michael Furlong (Indio), Sean Thorne (People Data Labs), Krish Ramineni (Fireflies), Kate DeWald (Oncue) & so many more. 🙏 Last but not least, I feel grateful to have Jonah Midanik & James Murphy as General Partners and for all they have done to transform and grow the business over the last 5 years. I'm grateful for newly promoted Partners, Olivia O'Sullivan (Partner & GM of Platform), who has also been instrumental to our growth over the last 5 years & Bocar Dia (Partner & GM of Accelerator) who joined us over 2 years ago full time and has already had a big impact. Additionally, I couldn't be more proud of the incredible team and culture we have all built. We are a humble, hard working group that executes better than any team I've been a part of throughout my career. Onwards and Upwards from here 🚀 Read more about the back story and some key learnings over the years in the blog post linked in the comments below. 👇

Over the past several months, Naomi Goez and I did a deep dive into opportunities for innovation within health systems. Throughout that time, we had conversations with innovation executives across four of the top healthcare systems in the U.S. including Mayo Clinic Ventures, Hackensack Meridian Health, Cone Health Ventures, and University Hospitals Ventures to understand current strategies and priorities in order to hone in on our investment thesis. Our goal was to arm health tech founders with the inside perspective on the critical investment areas for US hospitals to help navigate towards product-market fit and solve the industry's most pressing challenges. Health tech is a core thesis area for us at Forum Ventures, as we think technology will play a major factor in improving patient outcomes, providing more accessible care and driving better financial results for health systems. We've already made quite a few health tech investments over the last 10 years and plan to make many more over the coming years. Links to download the report, check out the market map, and submit your company are all in the comments. Thank you to our contributing experts Shai Ran Sapir, Technology Development Manager at Mayo Clinic Ventures, Sandra Powell-Elliott, Chief Innovation and Commercialization Officer at Hackensack Meridian Health, David Heenan, Managing Director at Cone Health Ventures, and Matthew Zenker, Director of Deal Flow and Investments at University Hospitals Ventures. #healthcare #innovation #healthtech #earlystage #healthtechfounders #healthcarestartups