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§ Venture Capital · New York City, NY, USA
A New York-based venture capital firm that invests in early-stage companies, with a strong focus on the health tech sector.
Embiid Ventures is a New York, New York-based venture capital firm that provides financial backing to early-stage companies operating across the broader technology landscape. The organization primarily focuses its capital allocation strategy on the rapidly growing health technology sector, seeking to support emerging startups developing innovative medical and wellness solutions for modern consumers. To date, the firm has participated in at least one publicly disclosed venture transaction, specifically adding the personalized health platform Function Health to its active investment portfolio. This strategic equity investment was officially executed during Function Health's Series A funding round, which successfully closed on June 25, 2024. While the exact founding year of the investment vehicle remains undisclosed in public regulatory filings, the venture capital entity operates alongside the media company Miniature Géant and was established by professional basketball player Joel Embiid.
Embiid Ventures has 1 tracked investment across 1 company. The latest tracked deal is $53.0M Series A in Function Health in June 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2024 | Function Health | $53.0M Series A | Vijay Pande, PHD | Forerunner Ventures, KDT Ventures, NFX, Pioneer Fund, RX3 Growth Partners, Vzvc, John Legend, Kevin Hart, MEI Z., Whitney Cummings, Blake Griffin, Casey Means, MD, Colin Kaepernick, Harpreet RAI, JAY Shetty, Jeff Dean, Jimmy Rollins, Joel Embiid, ZAC Efron, ARA Katz, Ariel Emanuel, Matt Damon, MR. Harvey Spevak, Pedro Pascal, 53 Stations, Draft Ventures, G9 Ventures, K5 Global, Wisdom VC |