Exceptional people – not code or capital – build transformative, category-defining companies.

Wormhole Capital

About

 

We back deeply independent thinkers with audacious dreams and relentless determination.

Most importantly, we partner with special founders who have the rare ability to do two really hard things simultaneously:

  1. anticipate what will move society and culture forward in the future (we call this: “time jumping”, and it’s what makes certain founders “special”), and
  2. build and lead a transformative, category-defining company, from the outset through to massive scale.

We focus on a company’s long-term impact and invest at any stage from seed to growth rounds. We often work alongside founders at the ideation stage as an inception partner, as well as providing strategic insights and a willing sounding board to founders throughout the entire company lifecycle.

Wormhole Capital is the investment arm of Vivek Garipalli’s family office. While sector-agnostic, we seek business models that inherently propel a positive flywheel effect.

Our Name

In 1935, Albert Einstein and physicist Nathan Rosen used the theory of general relativity to propose the existence of wormholes. These tunnel-like passages (also known as Einstein-Rosen “bridges”) connect two different points in space-time, theoretically creating a shortcut that reduces travel time and distance through superluminal (faster-than-light) motion. In other words: time travel.

Wormhole Capital

Portfolio

Latest Investment

Swiftly Systems

Operating platform for retailers to capture digital advertising dollars and build customer loyalty
Series B Announcement ›

Stage of our initial involvement with each company included in square brackets

Accordian

Private equity-focused financial consulting and technology firm [Series A]

Alice
Reinventing health insurance in Brazil [Seed]
All Stripes
Healthcare technology company that accelerates drug development and research for the treatment of rare diseases [Seed]
Angle Health
Simple, tech-enabled health plans for the modern employee [Seed]
Archer Roose

Bringing you a better glass of wine, no matter where you are [Seed]

aptible
Deploy a secure, HIPAA-compliant app from day one [Seed]
Backtracks
Deep tech audio podcast analytics and advertising platform [Seed]
Beep Saúde
Find high quality healthcare services where you need them [Series A]
Boom Supersonic
Commercial airplane manufacturer that builds supersonic airliners designed for speed, safety, and sustainability [Series B]
Carbon Health
Making high-quality healthcare more accessible to everyone [Series B]
Carta
Global ownership management platform that helps companies, investors, and employees manage equity and ownership [Series C]
Cityblock Health
Tech-driven healthcare provider for those in underserved communities [Series A]
Clover Health
Technology company committed to improving health equity for seniors [Inception]
Cricket Health

Specialty kidney care provider of integrated nephrology and dialysis care [Seed]

daloopa

Document automation and data extraction using AI [Series A]

Dr Evidence

Empowers smarter healthcare decisions with better evidence and insights [Series A]

Endless West
Beverage startup using scientific production methods to create its own original blend of wines and spirits [Series A]
Ensemble Health

Revenue cycle management services for hospitals and physician practice operators [Inception]

Finhabits
The #1 money app for U.S. Latinos [Seed]
Flatiron Health
Healthcare technology company that aims to improve lives by learning from the experience of every cancer patient [Inception]
Flume Health

The first digital platform for health plan administration [Series A]

Genetesis
Medical imaging company leveraging data science and biomagnetism in the fight against cardiovascular disease [Series A]
GlossGenius
Vertical SaaS platform for small business owners in the beauty and wellness space [Seed]
Gravie

Improving the way people purchase and access healthcare [Series A]

Headway
Mental healthcare system provider that helps patients connect with therapists and submit insurance claims online [Seed]
Hero Health
Manages every part of your loved one’s medication, so they never miss a dose again [Series A]
imagen

Making accurate medical image interpretation universally available and affordable [Seed]

Immuta

Data governance platform for organizations to automate data access control, security, and privacy compliance [Series B]

JustPoint
Redesigning the medical malpractice industry [Inception]
Kindbody

Health and technology company providing fertility, gynaecology, and family-building care [Seed]

Laika

Provides a complete compliance platform that automates workflows in a single, collaborative space [Seed]

LexCheck
AI-powered contract review platform [Seed]
LifeRaft

Insurtech company that offers supplementary health insurance products for patients [Seed]

Medically Home
Enabling health systems to safely bring the hospital home [Series A]
Misfits Market
Subscription box service for organically sourced produce [Series A]
NeuraLight
Developer of neurology software designed to help patients affected by neurological disorders [Seed]
ossium health

Building the world’s first bone marrow bank to treat blood cancers [Seed]

paradromics
Developing high data rate brain computer interfacing technology [Seed]
Particle Health
API designed for healthcare innovators that gives access to vital medical data [Series A]
Petal
Financial technology company on a mission to make credit honest, simple, and accessible [Seed]
Phosphorus
Provides the back-end infrastructure that enables ubiquitous integration of genetics in medicine [Seed]
Praxis

Values-aligned, membership-based society that is constructing a new metropolis [Seed]

Qualia

Digital closing platform for real estate and mortgage companies to provide simple, secure homebuying experiences [Series B]

Reliance Health
Health insurance company that uses software, data science and telemedicine to make health insurance delightful, affordable and easier to access in Nigeria [Series A]
Reverie Labs

Machine learning-driven pharma company [Series A]

Ribbon Health

Predictive analytics and data platform for the healthcare industry [Seed]

RxRevu
Helps patients save money on prescriptions by identifying the most effective medication at the best possible cost [Series A]
Slice
Provider of tools for pizzerias to manage the digital side of their businesses [Series B]
Slope.io
Brings order, trust, and predictability to the clinical supply chain [Seed]
Swiftly Systems
Operating platform for retailers to capture digital advertising dollars and build customer loyalty [Seed]
Synthego

Genome engineering company that enables access to CRISPR to accelerate life science research and development [Series B]

therapy notebooks

Evidence-based mental health tools that are accessible and enjoyable [Series A]

Thyme Care
Provider of oncology care management solutions [Inception]
UpLift
Rebuilding mental healthcare to work for everyone [Seed]
Vital
Modern cloud-based Emergency Department SaaS [Seed]
Wagmo
Doggy wellness plans [Seed]
WhyHotel

Alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings [Seed]

Wormhole Capital

Team

Vivek Garipalli

Vivek Garipalli

Vivek is the co-founder and CEO of Clover Health. Prior to Clover, he founded CarePoint Health in 2008, a fully integrated healthcare system in New Jersey. Through his role at CarePoint – whose mission is to serve uninsured and underinsured patient populations – Vivek experienced the misalignment of providers and insurance companies first-hand, which led to the founding of Clover. He also co-founded a healthcare services revenue cycle company called Ensemble Health before teaming up with a couple of friends at Flatiron Health. He helped drive the development of Flatiron Health’s strategy and business model and sat on the board through its sale to Roche in 2018.

Vivek has served and/or is serving on the Boards of Cityblock Health, Clover Health, Doctor Evidence, Flatiron Health, Medically Home, and Thyme Care. He is a financial supporter of The Bowery Mission, an organization that serves homeless New Yorkers. Vivek began his career in finance, holding roles at Credit Suisse First Boston, J.P. Morgan Partners and Blackstone Group.

NIck Hyde

Nick Hyde

Nick is a co-founder and partner of Wormhole Capital. He is also co-founder and managing partner of Mendacre, a seed fund founded in 2017 that has invested in several technology startups across the United States. Nick began his career as a corporate attorney at Slaughter and May in London and Cravath, Swaine & Moore LLP in New York, where he focused on public and private mergers and acquisitions, initial public offerings and follow-on offerings, private equity and venture capital.