Tim Petersen co-founded Arboretum Ventures with Jan Garfinkle and has been instrumental in building Michigan's venture capital ecosystem, serving as chair of the Michigan Venture Capital Association and helping transform Ann Arbor into a healthcare innovation hub after Pfizer's departure. He focuses on capital-efficient healthcare investing, often comparing healthcare IT companies to consumer internet successes like OpenTable to explain how workflow improvements can scale, and prefers concise materials over lengthy business plans when evaluating startups.
About their Fund
Sectors
Medtech, Biotech, Health, Under-represented founders
Rounds
Series A - Series B+
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Notable Investments
Arboretum Ventures is a $1B healthcare-focused venture capital fund headquartered in Ann Arbor, Michigan, that has deployed 76% of its capital into under-ventured markets over 20 years while maintaining 44% of active companies with female or minority leadership. The firm operates with a structured advisory board of senior healthcare operators including former Medtronic CEO Bill Hawkins and focuses exclusively on capital-efficient business models that improve patient outcomes and reduce healthcare costs across medical devices, life science tools, diagnostics, and tech-enabled care delivery.
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12
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