Jumpstart Health Investors, America’s first Black healthcare venture capital firm, faced pressure to stop exclusively supporting Black-owned businesses but continued to succeed. Founded in 2020, the company built a portfolio of 11 companies and over 400 Black founder-led projects. Despite anti-DEI pressure, Jumpstart Nova Fund II was launched in November 2024, expanding its investment focus to all founders.

The organization decided to move away from explicit DEI initiatives due to mounting political and legal pressure. Jumpstart Health Investors aims to build an institution rather than fend off lawsuits. Despite this shift, the company continues to support Black-led organizations like Therify and Teamwork, focusing on mental health and autism, respectively.

Jumpstart Health Investors remains committed to supporting Black-led organizations, including Alerje and Mae, focusing on food allergies and expectant mothers’ needs. The company’s website provides more information on Jumpstart Nova and its initiatives.

Read more at Yahoo Finance: Jumpstart Health Investors Elevates Black-Owned Healthcare Firms Amid DEI Backlash