Arboretum Ventures is a venture capital firm specializing in the healthcare sector. Headquartered in Ann Arbor, Arboretum invests throughout the United States, but with a preference for Midwest opportunities. The team targets capital efficient companies that can meaningfully reduce healthcare costs in our areas of expertise: devices, diagnostics, services, and IT.
Gund Investment, LLC
Gund Investment, LLC is the private investment firm of Gordon Gund. The firm invests in privately held companies as well as public securities and real estate. A prominent philanthropist, Mr. Gund is co-founder of The Foundation Fighting Blindness, a non for profit organization driving research to find causes, treatments and cures for retinitis pigmentosa, macular degeneration, Usher Syndrome, and other retinal degenerative diseases.
LRVHealth is the “Inside Healthcare” venture capital platform. LRVHealth’s investors include leading provider, payer, and vendor organizations, comprising a network that touches one in three healthcare consumers across the U.S. Together, this network collaborates to identify, invest in, and adopt innovative solutions to the industry’s most pressing needs.
Board of Directors
William Cowen (Chair)
General Partner, LRV Health
Investor and operator with decades of experience building successful digital health and medtech companies. Co-founded LRVHealth in 2000. Led firm’s investments in prominent companies including Convergent Dental, GetWellNetwork, LifeImage, MedVentive (now part of NASDQ: CHNG), Phreesia (NASDAQ: PHR) and SilverCloud. Previous co-founder and CEO of NaviNet (sold to Highmark and other BCBS plans), CEO of Pegasus Medical (sold to McKesson), and VP of Thermocell (sold to the Hunter Douglas Company). B.A. from the University of Colorado and M.B.A. from the Massachusetts Institute of Technology.
CEO, Convergent Dental
Public and private company medical device CEO with over 30 years of experience developing and executing successful growth strategies for leading healthcare and medical technology companies. Most recent CEO appointments included Mauna Kea Technologies and Bovie Medical (now Apyx Medical). Earlier experience included senior leadership positions with Henry Schein and Covidien (now Medtronic). American University, BSBA (finance) and J.L. Kellogg Graduate School of Management at Northwestern University, MBA.
CEO, DDS Lab Inc.
The first choice for dentists nationwide! DDS Lab Inc. designs inventive solutions to simple and complex challenges. They deliver unparalleled accountability, industry-leading quality, and peace of mind. DDS Lab offers a comprehensive line of fixed and removable products, with a team always up to speed on the latest developments. The result? Dentists are able to offer patients the most current solutions. MD in Medicine from Vrije Universiteit Amsterdam (VU Amsterdam) and MBA, Business Administration and Management, General from University of Rochester - Simon Business School.
Managing Partner, Coppermine Capital
As investors of private capital, Coppermine Capital tailors their strategy to meet the unique objectives of each individual opportunity. They can move quickly and be flexible in solving capital requirements without managing toward a fixed return threshold or hold period. BA in History from the University of Vermont and MBA from Northwestern University - Kellogg School of Management.
Peter J. Valenti III
Member of the Board of Directors, Convergent Dental
Peter J. Valenti III is an active board member in the private equity space and has also served in advisory roles. He currently is a member of two charitable boards and is an executive coach. Prior to this, he retired from a corporate business career where he was focused on business turnarounds and revenue accelerations. These were accomplished through strategy, product pipeline innovation, commercial excellence and new business models, along with attracting and retaining great talent. Mr. Valenti, earned an MBA from the Johnson School of Management at Cornell University, and a Bachelor’s degree from the University of Connecticut. He lives in Connecticut and Florida.
Founder & Managing Partner, Arboretum Ventures
Tim Petersen co-founded Arboretum Ventures in 2002 and focused his investments on transformative opportunities that disrupt healthcare sectors starved of technology or business model innovation. His investments have spanned various healthcare sectors, including healthcare information technology, medical device, and research instrumentation companies. BA in Economics from Williams College, an MS in Economics from the University of Wisconsin-Madison, and an MBA from the Ross School of Business at the University of Michigan.
Dave Jones (Observer)
Managing Director, Coppermine Capital
As investors of private capital, Coppermine Capital tailors their strategy to meet the unique objectives of each individual opportunity. They can move quickly and be flexible in solving capital requirements without managing toward a fixed return threshold or hold period. BA in History from Dartmouth College and MBA in Strategy and Finance from Princeton University Graduate School of Business.