Azimuth Ventures

Azimuth Ventures, established in 2014, is a New York-based venture capital firm focusing on early-stage investments. It specializes in the healthcare and technology sectors, with a particular interest in medical device development companies. The firm, founded by Milena Adamian, provides not only capital but also advisory services to support its portfolio companies.

Milena Adamian

Managing Partner

7 past transactions

YouMyWealth

Series B in 2019
Youmai Wealth Investment Social Platform (referred to as Youmai or Youmai Wealth) is a combination of online and offline, providing financial products screening and products to high net worth individuals and partners with investment and financial needs. O2O platform for tune, risk management, asset management, financial product marketing, custom

Owlet Baby Care

Series A in 2015
Owlet Baby Care Inc. is a company based in Lehi, Utah, founded in 2012, that specializes in the development and manufacturing of innovative monitoring solutions for infants. Its flagship product, the Owlet Smart Sock, is a proactive health monitor that tracks a baby's heart rate and oxygen levels while sleeping, sending alerts to parents if any concerning changes occur. The company also offers the Owlet Cam, which transforms smartphones into high-definition baby monitors, and the Owlet Monitor Duo, which combines the features of both the Smart Sock and the Cam. Additionally, Owlet provides the Owlet Dream Lab, an online program aimed at helping parents cultivate healthy sleep habits for their infants. By offering real-time data and insights, Owlet Baby Care aims to enhance parental confidence and peace of mind regarding their child's health and well-being.

Zest Health App

Series A in 2015
Zest Health, LLC is a mobile healthcare solution provider based in Chicago, Illinois, incorporated in 2013. The company develops a comprehensive app that empowers users to navigate the healthcare system more effectively. Its platform includes features such as Talk to Me, which provides immediate access to medical experts; Schedule Me, for booking appointments; Inform Me, offering health information similar to WebMD; and Track Me, which stores electronic health records. Zest Health aims to help users make informed healthcare decisions by guiding them in selecting in-network providers, understanding service costs, managing appointments, and addressing claims and billing issues. Serving over 500,000 healthcare consumers, Zest partners with self-insured employers, third-party administrators, insurance brokers, and health plans to enhance access to healthcare resources and support preventative care and disease management programs.

Lifecode

Series A in 2015
Lifecode, Inc. is a molecular diagnostics company based in Foster City, California, specializing in next-generation sequencing (NGS) technology. The company develops a range of NGS-based cancer assays, including its flagship product, the Lifecode Pan Cancer Somatic Panel, which is designed for use in various metastatic and rare cancers, as well as for patients seeking clinical trials. Lifecode focuses on translating complex genomic and therapeutic data into actionable insights for healthcare providers, patients, and payers. The company's team comprises experts in data science, software engineering, computational biology, bioinformatics, machine learning, molecular biology, and pathology, enabling it to bridge the gap between advanced sequencing technology and clinical application. Lifecode was previously known as Silicon Valley Biosystems, Inc. and rebranded in 2015. As of early 2016, it operates as a subsidiary of MedGenome Labs Private Ltd.

Comprehend Systems

Series B in 2014
Comprehend Systems, Inc. is a Redwood City, California-based company that specializes in cloud-based continuous quality solutions for clinical operations. Founded in 2010, the company offers a comprehensive suite of clinical intelligence applications designed to enhance the efficiency, safety, and quality of clinical trials. These applications cater to clinical operations executives, data managers, and medical monitors, providing tools for portfolio monitoring, continuous quality assessment, collaboration with contract research organizations (CROs), and risk and medical monitoring. Comprehend Systems aims to deliver actionable insights across studies, systems, sites, and vendors, thereby improving the overall clinical trial process. In 2019, it became a subsidiary of Saama Technologies, Inc.

Owlet Baby Care

Seed Round in 2014
Owlet Baby Care Inc. is a company based in Lehi, Utah, founded in 2012, that specializes in the development and manufacturing of innovative monitoring solutions for infants. Its flagship product, the Owlet Smart Sock, is a proactive health monitor that tracks a baby's heart rate and oxygen levels while sleeping, sending alerts to parents if any concerning changes occur. The company also offers the Owlet Cam, which transforms smartphones into high-definition baby monitors, and the Owlet Monitor Duo, which combines the features of both the Smart Sock and the Cam. Additionally, Owlet provides the Owlet Dream Lab, an online program aimed at helping parents cultivate healthy sleep habits for their infants. By offering real-time data and insights, Owlet Baby Care aims to enhance parental confidence and peace of mind regarding their child's health and well-being.

Wellframe

Seed Round in 2014
Wellframe Inc. is a Boston-based company that specializes in digital care management and health advocacy solutions. Founded in 2011, it partners with health plans across the country to enhance the relationship between healthcare providers and members. Wellframe's offerings include a mobile application that facilitates daily health reporting, a care team dashboard to prioritize patient needs, and an array of communication tools for two-way messaging. The company also provides comprehensive operational services, such as implementation support, recruiting, and analytics. Additionally, Wellframe's platform employs real-time data and artificial intelligence to deliver personalized care protocols, enabling caregivers to monitor patient status effectively and identify when intervention is necessary. By focusing on mobile patient engagement and care management, Wellframe aims to improve health outcomes and empower individuals in managing their health.
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