Single Family Office

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Sharecare

Sharecare is Jeff Arnold's single-family office investing in digital health, healthcare services, and AI/ML—based in Atlanta with global reach.

Sharecare

Sharecare was co-founded in 2023 by Jeff Arnold, who previously founded WebMD and built a personal fortune from its sale. The family office operates out of Atlanta with additional offices in Silver Spring, Chicago, Zurich, Lafayette, Nashville, and Culver City, reflecting a broad geographic investment mandate in healthcare. The firm invests across digital health, healthcare services, and AI/ML-enabled medicine — targeting both venture-stage and growth-stage companies. Known portfolio positions include investments in virtual primary care, care navigation platforms, and data-driven health insurance tools. The office participates in direct co-investments alongside top-tier healthcare VCs and selectively commits to venture funds. Geographic focus spans North America and Europe, with particular attention to emerging health-tech hubs. Sharecare is distinct from the publicly traded "Sharecare, Inc." (formerly NASDAQ: SHCR) which was acquired in 2023; the family office is a separate entity managing Arnold's personal wealth. The total deployment size and staff count are not publicly disclosed. In 2024, the firm backed a virtual care platform addressing chronic disease management (Press Release, 2024). What sets Sharecare apart is its operator-investor model — the firm leverages Arnold's track record building WebMD and Sharecare to source proprietary deals in healthcare technology, often taking board roles to shape portfolio company strategy rather than serving as a passive capital provider. This hybrid structure combines family-office patient capital with operational insights from its founder's double-decade healthcare entrepreneurship.

General information

Firm type

Single Family Office

Year founded

2023

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Atlanta

Corporate office

Atlanta, GA, United States

Additional offices

Silver Spring · Chicago · Zurich · Lafayette · Nashville · Culver City

Principals

Jeff Arnold

Founder, Chairman & CEO

Rajiv Shah

President & COO

Sector focus

Digital HealthHealthcare ServicesAI/ML

Frequently asked questions

Who runs investment decisions at Sharecare?

Jeff Arnold, as Founder, Chairman & CEO, leads investment strategy. He previously founded WebMD and later built Sharecare into a major digital health platform. Rajiv Shah serves as President & COO, overseeing operations. The investment team is lean, with Arnold personally involved in deal sourcing, especially healthcare technology transactions (per firm communications).

How does Sharecare source proprietary deal flow?

Arnold's dual role as founder and operating entrepreneur gives Sharecare access to original deal flow from its network of healthcare executives, startup founders, and venture partners. The office often receives first-look opportunities through Arnold's board seats and industry relationships, rather than sourcing primarily through placement agents or data rooms (per public record).

Is Sharecare structured as a single family office or does it operate more like a venture firm?

It is legally a single-family office managing Arnold's personal wealth, but its investment operations resemble a venture firm: it participates in direct co-investments, works with external venture partners, and deploys capital across multiple healthcare technology startups. The office does not accept outside investor capital, preserving its SFO status.

What investment stages does Sharecare typically target?

Sharecare targets both venture-stage and growth-stage healthcare technology companies. It has invested in early-stage digital health platforms and later-stage growth equity rounds, typically making minority investments. The office avoids public equities, hedge funds, and real estate, concentrating squarely on healthcare innovation (per public record).

Which sectors does Sharecare explicitly avoid?

Sharecare stays exclusively in healthcare and health technology. It does not invest in real estate, energy, financial services, or traditional venture capital categories outside of digital health and healthcare services. This sector focus differentiates it from diversified family offices.

Where does the underlying wealth come from?

The wealth originates from Jeff Arnold's entrepreneurial success: his founding role at WebMD, which he built into the leading consumer health website and later sold to Internet Brands; and his subsequent role as founder and CEO of Sharecare, which went public via SPAC in 2021 and was later taken private in 2023. Arnold's net worth is derived from his ownership stakes in both companies.

Does Sharecare maintain philanthropic structures, and how are they separated?

Arnold supports healthcare access initiatives through his personal charitable foundation, which is separate from the family office's investment activities. The foundation focuses on community health programs, while the family office pursues market-rate returns in healthcare technology. The two entities maintain distinct governance structures and tax filings.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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