Organization · Venture Capital
Refract
Refract Ventures is a New York-based early-stage venture capital firm that invests in software infrastructure for the healthcare and financial services sectors. The firm focuses on supporting founders developing innovative solutions in these regulated markets.
Overview
What Refract does
What Refract is
Refract Ventures is a New York-based early-stage venture capital firm that invests in software infrastructure for the healthcare and financial services sectors. The firm focuses on supporting founders developing innovative solutions in these regulated markets.
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
- April 26, 2026
Official channels
Find Refract elsewhere
Open the official website or a supported primary organization account.
Capability profile
Refract as a funder
Investment thesis
Refract Ventures invests in early-stage founders building software infrastructure for healthcare and financial services, focusing on regulated-market infrastructure and complex compliance requirements.
Focus narrative
Refract Ventures focuses on early-stage investments in software infrastructure for healthcare and financial services. The firm seeks to back founders who are building solutions that can serve as core infrastructure in these regulated industries, particularly those that enhance workflow automation, payments, and data management.
Value beyond capital
Refract Ventures adds value to its portfolio companies by leveraging its expertise in regulated markets and providing strategic guidance on compliance, operational workflows, and market entry strategies. The firm's network and experience in healthcare and fintech enable it to support founders in navigating complex industry challenges.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 14
- Recorded notable exits
- Inscope SmarterDx, Bridge, and Privy
Portfolio context
Notable portfolio companies include: Inscope SmarterDx (acquired by New Mountain): A healthcare revenue integrity and clinical AI company. Bridge (acquired by Stripe): A stablecoin and money movement infrastructure company. Greater Industries: A company focused on innovative solutions in its sector. Lead Bank: A banking infrastructure and fintech partner bank. Charta Health: A healthcare AI chart-review company. Substrate: A company contributing to software infrastructure. Privy (acquired by Stripe): A wallet and crypto user infrastructure provider. Plata, Sage, Monogram, Brale, Takenos, Zaria, CloudCruise, Prax Health: Various companies enhancing the healthcare and financial services landscape.
Common questions
What to know about Refract
Upseed classifies Refract 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
April 26, 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.