SteelSky Ventures

SteelSky Ventures is a female-led venture capital fund that specializes in women's healthcare. Founded by Maria Toler Velissaris, the fund aims to fill a critical gap in the VC market by investing in companies that improve access to care, medical outcomes, and health infrastructure for women. With $72 million in assets under management, SteelSky is the largest VC fund focused exclusively on women’s health. The fund invests across various sectors, including medical devices, digital health, consumer health, and ePharmacy​. SteelSky primarily targets late-seed and Series A rounds, focusing on startups with proven product-market fit, typically generating $1-2 million in revenue. The portfolio is rich in innovation, supporting companies like Zipline, which uses drones to deliver life-saving medical supplies to remote areas, and Raydiant Oximetry, a company developing more accurate fetal distress monitoring​. The fund's approach is to back scalable, impact-driven ventures that address pressing challenges in women's healthcare, particularly those impacting underrepresented communities​. With a strong presence across the U.S., SteelSky benefits from strategic partnerships with major healthcare organizations like Blue Shield of California and the American Hospital Association, as well as financial institutions like Bank of America and JPMorgan​. Entrepreneurs looking to engage with SteelSky should emphasize their product's real-world impact on women’s health, scalability, and innovative approach to addressing healthcare disparities.