Yoo spent the final eight years as a co-founder and chief product officer of Kyruus, a venture-backed healthcare supplier matching device. She’s joins as a16z’s 17th GP; the agency hired David George, who focuses on late-stage offers, and Anish Acharya, who makes a speciality of fintech offers, as GPs earlier this 12 months.
Extra notably, Yoo turns into the fourth feminine common associate at a agency that for years had solely males on the prime of its ranks. The Slack investor hired its first-ever female GP, Katie Haun, in June 2018 to guide its crypto efforts alongside Chris Dixon. Longtime a16z buyers Connie Chan and Angela Strange have been later promoted to GP.
“As we’ve centered on these three areas we’ve realized it’s a reasonably broad alternative,” Conde tells TechCrunch. “We needed to discover a GP that had the phenotype of what we search for in all of our GPs … and somebody who has deep working experience that is aware of the right way to construct firms.”
Earlier than co-founding Kyruus, Yoo was the vice chairman of product at Technology Well being, a CVS-acquired well being administration firm. In her first function as a enterprise capitalist, Yoo says she’s going to establish investments in firms remodeling entry to our healthcare system.
“We’re an extension of the phrase ‘software program is consuming the world,’ ” Yoo tells TechCrunch. “We’re centered on software program consuming care supply and the whole lot that flows from that.”
Amongst a16z’s well being and bio investments is Devoted Health, which helps Medicare beneficiaries entry care via its community of physicians and tech-enabled healthcare platform. Different investments within the area embody Freenome, a liquid biopsy diagnostics platform; Apeel, which makes a type of plant food-based barrier for fruit that goals to interchange wax coatings; a care coordination community known as PatientPing; and BioAge Labs, an organization that’s looking for medication that stretch people’ well being span via machine studying and biomarkers that pace up the invention course of.