# Foundation Venture Capital Group

Foundation Venture Capital Group is a Venture Capital based in Princeton, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Princeton, United States
- **Region:** North America
- **Address:** 155 Village Blvd Suite 130, Princeton, NJ 08540, United States
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** foundationventure.com
- **LinkedIn:** https://www.linkedin.com/company/foundation-venture-capital-group-llc

## Regulatory record

- **Reports private funds:** No

## About

Foundation Venture Capital Group uses impact investing to provide pre-seed and seed funding to health-related start-up companies at Affiliated Organizations to help them advance toward and through commercialization. Investments are made with the intention to generate positive, measurable social impact, with gains reinvested into furthering research and innovation at Affiliated Organizations. The firm also provides nonmonetary strategic, operational, and back-office support from before incorporation through the company life cycle.

## Sectors

- Digital Health
- Biotech
- Medtech
- Mental Health

## People

- Jim Golubieski — President
- Laura Harrel — team member
- Jeannine Hodkey — team member
- Ana Katsafanas — team member
- Jocelyn Mathew — team member
- Danielle Kozlosky — team member
- Mike Wiley — team member
- Aggie Worthington — team member

## Questions

### How does Foundation Venture Capital Group source its deals?

The firm sources exclusively from its affiliated research organizations — the New Jersey Health Foundation, the Foundation for Health Advancement, and their associated academic institutions. Startups are formed around intellectual property developed within that ecosystem, and Foundation Venture Capital Group gets a first look at pre-seed and seed-stage opportunities before any outside capital is involved.

### What happens to investment returns at Foundation Venture Capital Group?

Any realized gains are returned to the affiliated foundations — the New Jersey Health Foundation and the Foundation for Health Advancement — where they are reinvested into further research and innovation. This circular structure means the firm does not distribute profits to external LPs; the foundations themselves are the primary beneficiaries of the fund's financial success.

### Which sectors does Foundation Venture Capital Group explicitly avoid?

Every disclosed investment is in health-related technology. The firm has no known positions in enterprise software, fintech, consumer internet, or deep tech outside of life sciences. Its mandate is explicitly tied to the health-research pipeline of its affiliated New Jersey institutions — sectors without a clear health application are not in scope.

### What nonmonetary support does Foundation Venture Capital Group provide?

The firm embeds strategic, operational, and back-office support from pre-incorporation through commercialization. According to its own description, that includes assistance with incorporation, business planning, IP strategy, and management recruiting — essentially acting as an operating partner until the startup can attract traditional venture funding.

### How is Foundation Venture Capital Group related to the New Jersey Health Foundation?

The firm is part of a family of companies alongside the New Jersey Health Foundation and the Foundation for Health Advancement. All three share the same Princeton office address, the same email domain (njhf.org), and the same core mission of advancing health-related innovation in New Jersey. Foundation Venture Capital Group serves as the investment arm that commercializes research funded by the other two entities.

## Related profiles

- [Foundation Equity Corporation](https://altss.com/profile/foundation-equity-corporation)
- [Foundation Ventures](https://altss.com/profile/foundation-ventures)

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Last updated: 2026-08-11T15:06:49.768Z

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