Shapiro Administration Investing $3 Million in Early-Stage Tech Companies to Spur Healthcare Innovations, Create Opportunities - SANA Capital

Website | Philadelphia, PA

Access, Population Health Management

Cayaba Care, a leading maternity health startup, is revolutionizing maternal health by providing value-based, culturally competent care to underserved and high-risk populations. Cayaba Care provides in-person and virtual care to expectant mothers in between OB/GYN visits to provide additional support and risk prevention. Through using a multidisciplinary, community-based team of doctors, doulas, nurse practitioners, lactation experts, and social workers, Cayaba Care improves maternal and neonatal outcomes while reducing healthcare costs.

CEO, Adaeze Enekwechi

“I am focused on how we direct private capital to build a better, person-centered healthcare system. When I was the head of Health at the White House Office of Management and Budget under President Obama, I worked across the entire federal health landscape to lead ACA implementation, our response to Zika and several public health crises, every Medicare payment rule, and many CMMI value based care demonstrations. Since then, I have focused on how we address our short-term, piecemeal approach to complex health problems that require vision and holistic approaches.

How we leverage human capital, technology, analytics, and care design for a system that serves vulnerable, older, and various minority communities in an increasingly value-driven payment environment is the conversation all of us should be having. How we develop a health system that is fiscally sustainable and responsive to a broad set of needs is a conversation too many are not having.

I am a student of history, literature, and cultures, and yet, I am drawn to lead in healthcare. But it is that broad perspective, and perhaps my own very American and multicultural background that attracts me to this field and makes me see that healthcare is almost never only about health: context is everything.”

Jason - Torres

Jason

Torres

General Partner

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Jason Torres is a General Partner at Sana Capital, specializing in healthcare venture capital with a strategic emphasis on addressing disparities in access and outcomes. His career trajectory in healthcare investing, marked by a foundational experience in New York City’s diverse socio-economic landscape and a sophisticated understanding of systemic inequities, has uniquely positioned him to impact the venture capital and healthcare sectors profoundly.

His professional journey includes co-founding Mansa Capital, a private equity firm with a significant focus on healthcare, where he deployed approximately $50 million into groundbreaking healthcare ventures.

At Sana Capital, Torres has been instrumental in steering the firm towards investments that promise substantial returns and drive meaningful social impact, particularly in underinvested communities. This focus aligns with his vision of leveraging financial mechanisms to foster systemic healthcare access and equity change.

Torres’s role extends beyond investing; he is a thought leader in healthcare policy integration, operational efficiency, and impact investing. His board memberships, including Comunilife and Acacia Network, reflect a commitment towards sustainable community support and healthcare innovation.

Jason graduated magna cum laude with a B.S. in Information Systems & Finance from Rensselaer Polytechnic Institute and later earned an MBA from Stanford Graduate School of Business. He is also a distinguished Kauffman Fellow, reflecting his deep commitment to innovation, leadership, and venture capital in the healthcare sector.

Small Business World Magazine

Shapiro Administration Investing $3 Million in Early-Stage Tech Companies to Spur Healthcare Innovations, Create Opportunities

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Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Rick Siger announced that $3 million was awarded through the Ben Franklin Technology Development Authority (BFTDA) to two venture capital firms that will make investments in Pennsylvania-based early-stage technology companies. These awards through the BFTDA will help advance the competitiveness of Pennsylvania’s companies and universities in the global economy. Since January 2023, Governor Shapiro has announced more than $1.2 billion in new private sector investment in Pennsylvania as a direct result of his Administration’s work.

Governor Josh Shapiro and his Administration are focused on making the Commonwealth a national leader in job creation and economic development.

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Shapiro Administration Investing $3 Million in Early-Stage Tech Companies to Spur Healthcare Innovations, Create Opportunities

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