Organization · Venture Capital
Health Innovation Capital
Health Innovation Capital (HIC) is a venture capital impact investor based in Chicago, focusing on innovative healthcare solutions for pediatric patients. The firm employs a pediatric-centric investment strategy across various healthcare sectors.
Overview
What Health Innovation Capital does
What Health Innovation Capital is
Health Innovation Capital (HIC) is a venture capital impact investor based in Chicago, focusing on innovative healthcare solutions for pediatric patients. The firm employs a pediatric-centric investment strategy across various healthcare sectors.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Structured capabilities
- Funder
- Last reviewed
- May 1, 2026
Official channels
Find Health Innovation Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Health Innovation Capital as a funder
Investment thesis
Health Innovation Capital focuses on pediatric-centric healthcare impact investing across the care continuum, from prevention to ongoing care, targeting innovations that improve outcomes for vulnerable patient populations.
Focus narrative
HIC employs a pediatric-centric approach to healthcare impact investing, focusing on established management teams that drive change in patient care and outcomes. The firm aims to achieve upper quartile returns on invested capital compared to other healthcare venture funds while supporting disruptive health innovations that enhance care quality, access, affordability, and outcomes for pediatric populations.
Value beyond capital
HIC adds value to its portfolio companies by leveraging its extensive network of pediatric centers of excellence, providing strategic guidance on clinical validation, pediatric trial design, and healthcare commercialization. The firm also donates a portion of its profits to support early-stage research and development in pediatric care.
Focus and fit
- Stages
- Seed · Series A · Friends and Family · Accelerator · Pre-seed
- Regions
- Global · North America · Europe
Availability
- Currently deploying
- Not published
Portfolio and track record
Portfolio context
HIC collaborates with renowned medical practitioners and thought leaders from over 30 healthcare centers of excellence in the U.S., Europe, and the Middle East to evaluate investment opportunities. Notable portfolio companies include Switchboard Health and Pear Therapeutics, which focus on innovative solutions in healthcare.
Common questions
What to know about Health Innovation Capital
Upseed classifies Health Innovation Capital under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.