IVCA Feature: New Member Profile of Jump Capital

IVCA Feature: New Member Profile of Jump Capital

December 23, 2015

As 2015 winds down, the Illinois Venture Capital Association continues to expand its growth and outreach to the Venture Capital and Private Equity industries. The latest new member of the IVCA is Jump Capital. The Venture Capital firm is Chicago-based, and specializes in expansion stage and growth capital investments.

Jump Capital was recently profiled by the IVCA, and asked a number of questions regarding their reasons for coming into the association, the background of their firm and issues related to their philosophy.

New Member: Jump Capital

Representative: Garrett Vygantas, M.D., Partner

IVCA: What is a brief history and background of Jump Capital?

Jump Capital: Jump Capital was formed in late 2012 by a group of seasoned operating executives and technology investors, with the thesis that early expansion stage capital was lacking to support high growth companies in the Midwest. Since then, our team has grown to include an office in San Francisco and New York to support portfolio companies throughout the country.

IVCA: Why did the firm decide to join the IVCA?

Jump Capital: As we have scaled our team and our operations, we reached a point where we are able to become more active in the regional venture investor ecosystem. IVCA is a solid platform for our involvement with the broader community.

IVCA: Your website indicates that your firm applies four principles in association with your investment partners – insight, execution, advocacy and commitment. How did the philosophy of the firm evolve to those four terms?

Jump Capital: We invest and partner with entrepreneurs and companies where we believe we can make a meaningful impact in their outcomes. We are not passive investors, and this comes from our operating backgrounds – we have all worked to scale various businesses on the path to profitability, and well beyond. That philosophy is in our DNA and stays with us as we work with entrepreneurs to scale their businesses.

IVCA: Where do you find the most 'unknown factors' when you are assessing a potential investment – in the business structure itself or the management staff...and why?

Jump Capital: There is no shortage of unknowns in venture investing and endless due diligence won’t remove ambiguity in front of early stage companies. We take our time to get to know entrepreneurs and the leaders of companies before we invest. Most often, the question remains not ‘if’ a certain technology or service will become widely adopted, but ‘when.’ One of the most challenging factors is just that – correctly predicting when uptake may occur and ensuring we are invested behind the right team to execute against the plan.

IVCA: You are a physician entrepreneur. How has healthcare.gov – AKA Obamacare – changed the landscape for healthcare investment and return on investment?

Jump Capital: It has now been quite a few years since HITECH, Obamacare and other technology-focused regulations have paved widespread adoption of digital health records and other rich ‘data’ sources.  Now we are entering a phase in healthcare delivery where the foundation has been set to enable information and technology to convergence around care of the patient.

From deep clinical predictive analytics and real-time physiological monitoring, to influencing patient behavior remotely to enable access of care via telemedicine – we are investing in areas that are rapidly growing and evolving to become the standard in the near future.

IVCA: What does Jump Capital hope to achieve in their interaction with the IVCA?

Jump Capital: We look forward to working with the members of our IVCA community in the same way that we work with our portfolio companies – to provide insight, execution, advocacy and commitment to this group

For more information regarding Jump Capital, click on http://www.jump-capital.com

The IVCA would like to wish you and your family the happiest of holiday seasons and a prosperous New Year!