CHCF Innovation Fund

Overview

The CHCF Innovation Fund is a charitable foundation dedicated to enhancing healthcare access and quality in California. It partners with emerging companies to introduce innovative technologies and solutions to the state's healthcare providers, payers, and patients. The fund focuses on improving the Medicaid ecosystem by supporting companies that aim to deliver people-centered care and address health disparities. The fund primarily invests in early- to growth-stage companies, providing both capital and network-building support to mission-aligned entrepreneurs. It emphasizes solutions developed by individuals within the communities they serve, believing that such approaches are more effective in addressing local challenges. The fund's investments align with the strategic priorities of its grantmakers and specifically exclude life sciences and medical device companies. By leveraging its deep knowledge of policy, delivery system partners, and reimbursement within Medicaid and California, the CHCF Innovation Fund assists portfolio companies in navigating the complex healthcare landscape. This support has led to significant growth and impact, with portfolio companies serving millions of Medi-Cal enrollees across numerous hospitals and clinics in California.

Investment Focus

• Focus on improving access and quality of care in California
• Alignment with CHCF's strategic priorities
• Exclusion of life sciences and medical device companies

Portfolio Companies