[NEWS] Andreessen Horowitz hires Julie Yoo as general partner – Loganspace

Julie Yoohas joinedAndreessen Horowitzas its most up-to-date standard accomplice. She’s going to create investments out of the venture capital firm’s bio fund, which closed on$450 millionin 2017.

Yoo spent the final eight years as a co-founder and chief product officer ofKyruus, a venture-backed healthcare provider matching tool. She’s joins as a16z’s 17th GP; the firmemployedDavid George, who specializes in slack-stage deals, and Anish Acharya, who specializes in fintech deals, as GPs earlier this year.

Extra critically, Yoo turns into the fourth feminine standard accomplice at a firm that for years had most productive males at the discontinue of its ranks. The Slack investoremployed its first-ever feminine GP, Katie Haun, in June 2018 to lead its crypto efforts alongside Chris Dixon. Longtime a16z merchantsConnie ChanandAngela Weird and wonderfulhad been later promoted to GP.

Yoo joinsVijay PandeandJorge Condeon a16z’s biotech investment group. The trio will focal point on lifestyles sciences, synthetic bio and broader neatly being tech.

a16z’s most up-to-date standard accomplice, Julie Yoo

“As we’ve centered on these three areas we’ve realized it’s a handsome vast opportunity,” Conde tells TechCrunch. “We desired to safe a GP that had the phenotype of what we peek for in all of our GPs … and somebody who has deep working abilities that knows how to plot companies.”

Earlier than co-founding Kyruus, Yoo was once the vice president of product at Period Effectively being, a CVS-obtained neatly being administration company. In her first role as a venture capitalist, Yoo says she will be able to name investments in companies remodeling entry to our healthcare machine.

“We are an extension of the phrase ‘instrument is eating the arena,’ ” Yoo tells TechCrunch. “We are centered on instrument eating care provide and all the pieces that flows from that.”

Amongst a16z’s neatly being and bio investments isDevoted Effectively being, which helps Medicare beneficiaries entry care by technique of its community of physicians and tech-enabled healthcare platform. Other investments within the house consist of Freenome, a liquid biopsy diagnostics platform;Apeel, which makes a roughly plant food-basically basically based barrier for fruit that goals to modify wax coatings; a care coordination community known asPatientPing; andBioAge Labs, a company that’s looking to safe remedy that lengthen folk’ neatly being span by technique of machine discovering out and biomarkers that rush up the invention course of.