Investing for Impact

Astarte Ventures advises health systems, corporations, and investment funds on making investments in impact areas. By strategically allocating resources and fostering collaboration, these entities can catalyze innovation and address pressing global challenges effectively.

Founder

Tracy Warren

With over two decades of experience as an active venture and angel investor, Tracy has been at the forefront of transformative investments across the health and impact landscape. Her visionary approach has led to investments spanning medical devices, life science tools, digital health, clean energy, technology, and fintech.

In a landmark move in 2013, Tracy co-founded Astarte Ventures, pioneering the first investment fund dedicated exclusively to advancing the health and well-being of children. Astarte Ventures has been instrumental in driving innovation in medical devices and digital health, positioning Tracy as a trailblazer in the field.

Women’s and Children’s Health

Tracy’s keen eye for emerging opportunities has resulted in early investments in groundbreaking ventures, often serving as one of the pioneering backers. Notably, she was among the first to recognize the potential of FemTech (before it was coined), backing one of the industry’s earliest unicorns. Additionally, Tracy’s strategic investments have seen several companies successfully exit or secure substantial capital from esteemed funds, further cementing her reputation as a visionary investor with a track record of success.
acquired by Organon

Angel Investments in Women-led Companies

Championing female founders has been Tracy’s lifelong passion, inspiring her to serve as an angel investor, advisor, and frequently as a board member for pioneering technology companies poised to tackle billion-dollar opportunities.
Venture Investments
Tracy embarked on her career in early-stage venture capital, specializing in institutional spin-outs. Motivated by her passion for assisting clinical and scientific founders in translating their innovations into commercial triumphs, she directed her efforts toward supporting start-ups in the healthcare, clean energy, and technology sectors. Renowned for her hands-on approach, Tracy frequently assumed the role of lead investor, orchestrating primary due diligence, spearheading syndicate recruitment, negotiating term sheets, and actively facilitating the recruitment of early management teams or specialized expertise. In her capacity as a Director, Tracy often assumed the role of Chair on Boards, demonstrating adeptness in talent acquisition and removal at the senior leadership and founder level. She consistently supported fundraising initiatives and forged strategic partnerships, cementing her reputation as a versatile and influential figure in the venture capital landscape.

Health

Energy

Technology

ROBUST INVESTOR NETWORK

Throughout her career, Tracy has had the pleasure of investing alongside and/or serving on the Board of Directors with top-tier investment firms and corporate venture capital groups, such as:

Top-Tier Funds

General Catalyst, Sequoia, Oak HC/FT, Dragoneer Investment Group, Lux Capital, D1 Capital Partners, aMoon, Viking Global, InnovaHealth Partners, Domain Associates, Birchmere/Bay City Capital, CMEA Ventures, US Venture Partners

Regional/Specialty Funds

Cultivation Capital, OCA Ventures, Ben Franklin Technology Partners SE-PA, Three Roots Capital, Apex Venture Partners, Dunrath Capital, North Hill Ventures, Bioadvance/Quaker Bioventures, Safeguard Scientific, Nth Power, Kinetic Ventures, Kodiak Ventures, Paladin Capital, Originate Ventures

Strategic Investors

Intermountain Ventures, CVS Health Ventures, SROne, Siemens Venture Capital, Agilent Technologies, Dow Ventures, K-T Ventures, JPM Chase, Credit Suisse, Thomas Weisel Venture Partners, Visa

Investment

Building a Board

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Founder/Executive Transitions

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Activist Campaigns

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Adversarial Negotiations

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