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Ex-Kleiner Perkins Partner Closes $87M Early-Stage Healthcare Focused Fund

O’Keefe just closed an oversubscribed $87 million fund focused on early-stage healthcare companies, Define VC, per an SEC filing.

While O’Keefe hails from Kleiner Perkins, she pointed out that operating experience is the key differentiator between her fund and the number of healthcare funds out there.

“This is not an easy space to innovate in, they need people with experience building successful companies in digital health, people with real operating experience.” She explained that is why she prefers to call her investments “partners” instead of portfolio companies.

Before heading back to prep for the digital healthcare conference–and the three forums she’s participating in along with it–O’Keefe shared a note on diversity: 29 percent of her portfolio companies are founded and led by women.

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