David Whelan co-founded Town Hall Ventures after serving as Managing General Partner of Oxeon Venture Studio, where he built a company-builder approach focused on constructing healthcare businesses from the ground up rather than purely providing capital. At Town Hall, he specializes in backing companies that transform healthcare access for underserved Americans, often taking board roles to help shape operationally complex, infrastructure-heavy healthcare models rather than lighter digital health applications.
About their Fund
Sectors
Health, AI, SaaS, Data, Insurtech
Rounds
Seed - Series B+
Avg Check Size
$3M - $30M
Notable Investments
Town Hall Ventures is a $440M venture capital fund led by former CMS Administrator Andy Slavitt that explicitly targets the "take the bus crowd, not the Peloton crowd" by investing in healthcare companies serving Medicare, Medicaid, and other underserved populations rather than commercially insured elites. The firm combines deep government policy expertise with AI-focused healthcare investments, operating more like a company-building studio that starts companies from scratch and provides heavy operational support to help portfolio companies navigate complex government contracts and payment models.
Notable Fund
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