Key Takeaways
- • Oak HC/FT, a Stamford-based venture capital firm led by Annie Lamont, led a $55 million Series C funding round for Stepful, a New York-based healthcare workforce training company.
- • The round included co-investors from prominent firms: Hemant Taneja (General Catalyst), Greg Yap (Menlo Ventures), Lachy Groom (Stripe), and Nitesh Banta (Stellar Capital), indicating strong institutional validation for the healthcare training sector.
- • Stepful's Series C represents Oak HC/FT's continued expansion of its healthcare technology portfolio, reinforcing the firm's strategic focus on the healthcare workforce development space.
- • The funding signals investor confidence in healthcare training platforms as critical infrastructure for workforce development and talent pipeline solutions in the healthcare sector.
Summary
Oak HC/FT, the Stamford-based venture capital firm led by managing partner Annie Lamont, has led a $55 million Series C funding round for Stepful, a healthcare workforce training company based in New York. The investment underscores the firm's ongoing commitment to building out its healthcare technology portfolio and reflects broader institutional appetite for companies addressing healthcare talent shortages.
The round attracted a constellation of established co-investors, including Hemant Taneja of General Catalyst, Greg Yap of Menlo Ventures, Lachy Groom of Stripe, and Nitesh Banta of Stellar Capital. This investor syndicate suggests strong market validation for Stepful's business model and the healthcare workforce training sector more broadly. Lamont expressed confidence in the company's trajectory, noting the firm's commitment to "double down" on the venture alongside Carl Madi and the Stepful leadership team.
The investment is consistent with Oak HC/FT's positioning as a specialized healthcare technology investor. By backing Stepful, the firm is placing a strategic bet on healthcare workforce training and professional development platforms—a segment increasingly recognized as essential infrastructure for addressing labor market gaps in the healthcare industry. For institutional investors tracking healthcare technology trends, this round exemplifies growing capital concentration in human capital solutions within the sector.
The round attracted a constellation of established co-investors, including Hemant Taneja of General Catalyst, Greg Yap of Menlo Ventures, Lachy Groom of Stripe, and Nitesh Banta of Stellar Capital. This investor syndicate suggests strong market validation for Stepful's business model and the healthcare workforce training sector more broadly. Lamont expressed confidence in the company's trajectory, noting the firm's commitment to "double down" on the venture alongside Carl Madi and the Stepful leadership team.
The investment is consistent with Oak HC/FT's positioning as a specialized healthcare technology investor. By backing Stepful, the firm is placing a strategic bet on healthcare workforce training and professional development platforms—a segment increasingly recognized as essential infrastructure for addressing labor market gaps in the healthcare industry. For institutional investors tracking healthcare technology trends, this round exemplifies growing capital concentration in human capital solutions within the sector.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.