Able Partners

Able Partners

Able Partners was co-founded by Amanda Eilian and Lisa Blau, both Harvard Business School graduates. Eilian previously co-founded Videolicious, an enterprise video platform acquired by Squarespace, and helped take a SPAC public that became Two Harbors Investment Corp. Blau operates with a background as an entrepreneur in the health and wellness category. Alison Ryu, a former General Partner at CircleUp Growth Partners and Vice President at TSG Consumer, joined the partnership and works from San Francisco. The firm targets early-stage consumer companies at Seed and Start-up across digital health, mental wellness, longevity, sustainable consumer products, and women's health. Rather than a generalist mandate, Able focuses on what its principals describe as narrowing The Wellness Gap. The portfolio illustrates this thesis: therapist-enablement platform Alma (acquired by Spring Health in January 2026 per the firm), virtual menopause clinic Midi Health, preventive testing platform Function Health, family mental health provider Little Otter (acquired), and employer-focused mental health platform Spring Health. Consumer brand positions include clean cosmetics label Kosas, probiotic food brand The Coconut Cult, and reusable home care line Blueland. Biotech investments reach into precision psychiatry through atai Life Sciences and metabolic health through Twin Health. While headquarters are in New York, portfolio companies and the presence of San Francisco-based Partner Alison Ryu suggest a bicoastal US sourcing capability. Deployment and total AUM are not publicly disclosed. The team includes three named investment professionals spanning New York and San Francisco. Spring Health acquired portfolio company Alma in January 2026, and Unilever acquired supplement brand Grüns for $1.2 billion in April 2026 (per the firm). The firm maintains an active content arm, Able Content, publishing pitch-deck guides, Gen Z healthcare research, and a recurring newsletter, creating the intellectual-property infrastructure commonly found at later-stage consumer specialists. Portfolio company boards reflect active seats: Ryu has served on the boards of Kosas and The Coconut Cult. Able Partners operates as a dedicated early-stage consumer fund but brings public-market exit experience and institutional SPAC structuring expertise through Eilian's career. This hybrid of venture-stage deployment and later-stage liquidity fluency is the structural seam. The firm is not a multi-family office or an aggregator — it invests its own fund capital alongside institutional LPs. Portfolio companies exit via acquisition by strategic buyers (Squarespace, Spring Health, Unilever) or remain independent, without reliance on a secondary market or continuation-vehicle workflow.