The Larta Impact Fund

Catalytic Capital for Healthier Communities

The Larta Impact Fund is an evergreen, mission-driven investment platform designed to address persistent capital market failures that prevent promising healthcare solutions from reaching underserved communities.

 

Seeded by $1.8M in first-loss capital from the State of California and powered by Larta’s commercialization platform, the Fund combines catalytic investment, technical assistance, and community partnerships to strengthen the infrastructure through which communities access innovation.

Our Theory of Change

Building the Infrastructure for Community Impact

Communities do not suffer from a shortage of innovation.

They suffer from a shortage of systems capable of moving proven solutions into practice. Early-stage healthcare companies often face commercialization barriers, limited access to flexible growth capital, and too few opportunities to partner with healthcare systems serving vulnerable populations.

The Fund addresses these market failures, but it's more than just financing. Our platform combines catalytic capital, commercialization expertise, and trusted community partnerships so solutions can scale into the communities that benefit most.

Why Partner with Larta

For more than three decades, Larta has helped entrepreneurs, research institutions, healthcare organizations, and government agencies translate breakthrough ideas into measurable societal impact. 

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Years of experience.

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Ventures supported.

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Follow-on capital raised by Larta portfolio companies.

Powered by Heal.LA

Every investment is strengthened by Heal.LA, Larta’s healthcare commercialization platform.

 

Heal.LA identifies, nurtures, and de-risks promising healthcare companies through technical assistance, commercialization strategy, pilot development, reimbursement guidance, partnership introductions, fundraising strategy, and ongoing support. 

 

For Funders

Advance Health Equity by Closing Capital Gaps

Health equity requires more than breakthrough innovation—it requires capital and an investment strategy that reaches the solutions traditional markets often overlook. The Larta Impact Fund addresses this structural financing gap by investing in companies developing community-centered solutions that expand access to care, reduce barriers to health, and improve outcomes in underserved communities.

 

To fund these solutions, we operate an evergreen vehicle that is deploying patient debt capital today with plans to expand into equity over time. We integrate catalytic capital with commercialization expertise and strategic partnerships to help promising innovations move from early adoption to measurable community impact—creating high-quality jobs and strengthening local economies from the ground up.

 

Seeded by $1.8M in first-loss capital from California Jobs First, the Fund is now seeking philanthropic partners, family offices, and PRI investors to help scale a new model for financing health equity through innovation.

For Healthcare Innovators

Scaling Solutions for Underserved Communities

We are seeking revenue-generating or near-commercialization healthcare ventures positioned to deliver scalable solutions to underserved populations in Los Angeles County. Open to Larta alumni, current Heal.LA cohorts, and new healthcare innovators.

 

Fund Details at a Glance

  • Funding Size: $75,000 to $250,000 per enterprise.
  • Structure: Non-dilutive, low-interest loan financing.
  • Sectors: Pharmaceuticals, biotechnology, medical devices, labtech, and digital health.
    Geography: Based in LA County, OR U.S.-based with explicit deployment plans inside LA County.
  • Stage: Revenue-generating or approaching commercialization with clear deployment progress.
  • Deadline: The deadline for Round Two applications has passed. Sign up for our mailing list for future opportunities and updates. 

 

Looking Ahead

Investing in the Conditions that Shape Health

Health equity is influenced by far more than healthcare alone. As the Larta Impact Fund grows, we envision expanding beyond healthcare to support innovations that strengthen the environmental, economic, and community conditions that enable people to live healthier lives—including resilient infrastructure, equitable energy systems, clean air, safe water, and sustainable food systems.

 

Through our Venture Fellows program, Larta is already building the pipeline of innovations that strengthen community resilience and support this broader vision.

Portfolio Spotlights

Turning Innovation Into Community Impact

Roga

Take control of your stress.
Roga's technology uses gentle electrical pulses to stimulate the auricular nerve, promoting relaxation, reducing burnout, and improving sleep.
Learn More

Thimble

Take the hurt out of health.
Thimble eases the pain and stress of injects, blood draws, and more with the first and only needle pain patch available over the counter.
Learn More

Stewardship Guided by Experience

The Larta Impact Fund is guided by an accomplished Investment Advisory Committee and Strategic Advisors whose collective experience spans impact investing, venture capital, healthcare innovation, enterprise creation, philanthropy, and healthcare delivery.

 

Together, they provide strategic guidance, investment insight, and disciplined oversight to help ensure the Fund remains mission-aligned while supporting companies capable of delivering measurable community impact.

 

“Heal.LA plays a dual role in Los Angeles by addressing health inequities while helping entrepreneurs and small businesses develop and pilot locally informed solutions. The Broad Foundation is proud to support Larta Institute’s work to strengthen community-centered innovation that advances health and economic opportunity across Los Angeles.”

— Shona Sen
Program Officer, The Broad Foundation