#23 – From $3B to $29B in 7 Years, the Boom in Healthcare Technology Investment | Michael Greeley

Ventured Growth with Hercules Capital

The healthcare technology sector has witnessed astonishing growth in investments, skyrocketing from $3 billion pre-pandemic to $29 billion in 2021. Michael Greeley brings invaluable insights to the show as the co-founder and general partner of Flare Capital Partners, a pioneering venture capital firm dedicated to healthcare technology.
Before Flare, Greeley was the founding general partner of Flybridge Capital Partners. Earlier in his career, he was with Polaris Partners, and also held positions at GCC Investments, Wasserstein Perella & Co., and Morgan Stanley & Co.
In this episode, Hercules Capital’s Katie Segien is joined by Michael Greeley to discuss his experience as an early pioneer in health tech investments, the remarkable growth and challenges of healthcare technology, the impact of AI on healthcare programs and services, and much more.
Topics Include:

• Michael’s experience as an early pioneer in health tech investments
• Liquidity and scaling challenges for healthcare tech companies
• How to create a more sustainable business model in this space
• What Michael looks for when building out his portfolio companies
• AI’s impact on healthcare programs and services
• The Flare Scholars program
• Future challenges and possibilities in the healthcare sector
• And other topics…

Michael Greeley is a co-founder and general partner at Flare Capital Partners. Before co-founding Flare in 2014, he focused on emerging growth company financings as the founding general partner of Flybridge Capital Partners. Earlier, he held positions with Polaris Partners, GCC Investments, Wasserstein Perella & Co., and Morgan Stanley & Co. Greeley sits on dozens of boards and authors the blog On the Flying Bridge.
Greeley received a BA with honors in chemistry from Williams College and an MBA from Harvard Business School. While he considers himself a New Yorker, he grew up in Hong Kong and currently resides in Boston.
Resources Mentioned:
Flare Capital Partners: https://www.flarecapital.com/
Michael Greeley’s blog: https://ontheflyingbridge.wordpress.com/
Flare Capital Scholars Program: https://www.flarecapital.com/flare-capital-scholar-application