Jon Phillips

Managing Director at First Trust Capital Partners

📍 Elmhurst, Illinois, United States🔄 Updated October 2026💼 13 investments📅 14 years investing🗓 Last invested Nov 2025
VC🌍 United StatesInvested this year
13
Total investments
4
Early stage
0
Mid stage
4
Late stage
14y
Years active

Portfolio

9 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Nov 2025
Current Artificial Intelligence methodologies require sophisticated processors in huge data centers consuming millions of watts of power grinding through complex algorithms, and yet are outperformed by a 14-watt, highly portable enigma: The Human Brain. The current trends are to increase density and complexity, and that doesnt feel right to us. Our innovations are aimed at moving the state of the art toward higher performance with less power, lower cost, increased portability and phenomenal scalability. You can email us at the mailbox "info" at the domain brain-ca.com.
Board Member
Apr 2023
Karoo Health is transforming cardiology care through a comprehensive, technology-enabled health management model that improves patient outcomes while reducing total cost of care and enhancing revenue opportunities for health plans. Our value-based approach creates a collaborative framework that enhances provider effectiveness by aligning incentives across all stakeholders: patients, providers, and payers, resulting in superior cardiac care with greater efficiency across the system. Karoo integrates a curated network of cardiac caregivers and providers, personalized care navigation, and a technology-driven care and key insights platform to rapidly address clinical and non-clinical needs throughout the patient journey. By proactively managing care and closing gaps, Karoo ensures that patients receive the right care without delay, reducing avoidable hospitalizations and improving longer-term outcomes, thereby creating revenue and cost of care savings opportunities for payers.
Board Member
Aug 2022
Upfront is a mission-driven healthcare company, delivering tangible outcomes to leading healthcare enterprises. Our patient engagement platform makes each patient feel seen, guiding their care experience through hyper personalized digital experiences. The backbone of the Upfront experience is our data engine, which analyzes clinical, sociodemographic, and patient-reported data. These insights, along with advanced psychographic segmentation, allow us to individually activate patients to complete necessary care, show up for visits, and close any gaps in care. We are rooted in partnership, leveraging best-in-class healthcare expertise to maximize the impact of our technology and deliver a next-generation patient experience.
Board Member
Nov 2021
We offer a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit. These solutions are offered in a variety of structures across the accreditation and liquidity spectrums including interval funds, tender offer funds, private funds, and direct investments to financial advisors, family offices, and institutions. Through a joint venture, Vivaldi and First Trust have partnered to create First Trust Capital Solutions, LLC – a company dedicated to providing comprehensive alternative and technology solutions to financial advisors and their clients. FTCS strategically combines the strength of First Trust Portfolios L.P.’s distribution and product capabilities with Vivaldi’s best-in-breed technology, intellectual capital and alternative investment solutions. First Trust Alternative Investment Research ("FT-AIR"): FTCS leverages an experienced research team to source and align with top-tier managers across the alternative investment universe. Through a comprehensive due diligence process, the research team has a track record of superior risk-adjusted returns and is a market leader utilizing its expertise and extensive network to source investments.
Board Member
Dec 2020
We bring the technology, tools, and expertise you need to navigate the ever-changing world of healthcare. Wellvana Health helps doctors deliver life-changing health care with a high-touch value-based care model for high-performing partners across independent primary care physicians, specialists, and health systems. Transitioning providers from traditional fee-for-service payment models to risk-based contracting, Wellvana is on a mission to improve patient outcomes and quality of care while reducing medical costs. Wellvana believes value-based care is local care, offering providers a flexible model for partnership, including acquisition, joint ventures, or affiliate models. Founded in 2019, Wellvana currently serves health care providers in 22 states, manages lives across multiple payors, and continues to expand its footprint in new communities. For more information, visit www.wellvana.com.
Board Member
Oct 2020
RxAnte is a leading predictive analytics and clinical services company dedicated to improving medication use and health outcomes. By providing health plans and providers with actionable insights, strategies, and a portfolio of interventions, RxAnte helps make medications work better for everyone. Created by experts in advanced analytics, medication adherence, health IT, and quality improvement, the RxAnte portfolio of solutions includes patented platforms that leverage predictive and decision analytics, advanced program evaluation methods, a web-based work flow solution, and an award-winning call center to provide clients with the insights they need and results they want in improving medication use.
Board Member
Aug 2020
Owl gives behavioral health organizations better data, better insights, and better outcomes with its data-driven, evidence-based solutions. Leading organizations, including Main Line Health, Amita Health, Inova Health, Polara Health, and Aurora Mental Health Center, rely on Owl to expand access to care, improve clinical outcomes, and prepare for value-based care. Owl makes measurement-based care easy to engage patients, optimize treatment, improve care, reduce clinician burden, and capture data to optimize business performance. For more information on our transformational behavioral health solutions, visit owl.health. • 90% patient engagement rates • 50% reduction in treatment time with MBC • 48% reduction in no show rate
Board Member
Dec 2018
AVIA is the nation’s leading digital transformation partner for healthcare organizations, providing unparalleled opportunities for industry leaders to collaborate, access market intelligence, and drive strategic innovation. Through the AVIA Network and AVIA Marketplace, healthcare leaders can leverage proven collaborative tools and results-based consulting to address the industry’s most pressing challenges. Learn more about AVIA at aviahealth.com.
Board Member
May 2013
Lightbeam Health Solutions delivers a proven model for managing patient populations and associated risk. Lightbeam’s vision is to bring health data into the light through the use of analytics, and to provide the insight and capabilities healthcare clients need to ensure patients receive the right care at the right time. Lightbeam facilitates population health management for ACOs, payers, provider groups, health systems, and other healthcare organizations aspiring to provide superior care at a lower cost. For more information, visit www.lightbeamhealth.com, and follow Lightbeam on LinkedIn and Twitter.
Experience · 18 entries
All (18)
Investments (13)
Founder (3)
Board (13)
2025
Board Member
Nov 2025
Current Artificial Intelligence methodologies require sophisticated processors in huge data centers consuming millions of watts of power grinding through complex algorithms, and yet are outperformed by a 14-watt, highly portable enigma: The Human Brain. The current trends are to increase density and complexity, and that doesnt feel right to us. Our innovations are aimed at moving the state of the art toward higher performance with less power, lower cost, increased portability and phenomenal scalability. You can email us at the mailbox "info" at the domain brain-ca.com.
2023
Managing Director
Apr 2023
A1 Health Ventures invests in early-stage healthcare technology and tech-enabled services businesses that solve health systems’ most pressing challenges.
Board Member
Apr 2023
Karoo Health is transforming cardiology care through a comprehensive, technology-enabled health management model that improves patient outcomes while reducing total cost of care and enhancing revenue opportunities for health plans. Our value-based approach creates a collaborative framework that enhances provider effectiveness by aligning incentives across all stakeholders: patients, providers, and payers, resulting in superior cardiac care with greater efficiency across the system. Karoo integrates a curated network of cardiac caregivers and providers, personalized care navigation, and a technology-driven care and key insights platform to rapidly address clinical and non-clinical needs throughout the patient journey. By proactively managing care and closing gaps, Karoo ensures that patients receive the right care without delay, reducing avoidable hospitalizations and improving longer-term outcomes, thereby creating revenue and cost of care savings opportunities for payers.
2022
Board Member
Aug 2022
Upfront is a mission-driven healthcare company, delivering tangible outcomes to leading healthcare enterprises. Our patient engagement platform makes each patient feel seen, guiding their care experience through hyper personalized digital experiences. The backbone of the Upfront experience is our data engine, which analyzes clinical, sociodemographic, and patient-reported data. These insights, along with advanced psychographic segmentation, allow us to individually activate patients to complete necessary care, show up for visits, and close any gaps in care. We are rooted in partnership, leveraging best-in-class healthcare expertise to maximize the impact of our technology and deliver a next-generation patient experience.
2021
Board Member
Nov 2021
We offer a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit. These solutions are offered in a variety of structures across the accreditation and liquidity spectrums including interval funds, tender offer funds, private funds, and direct investments to financial advisors, family offices, and institutions. Through a joint venture, Vivaldi and First Trust have partnered to create First Trust Capital Solutions, LLC – a company dedicated to providing comprehensive alternative and technology solutions to financial advisors and their clients. FTCS strategically combines the strength of First Trust Portfolios L.P.’s distribution and product capabilities with Vivaldi’s best-in-breed technology, intellectual capital and alternative investment solutions. First Trust Alternative Investment Research ("FT-AIR"): FTCS leverages an experienced research team to source and align with top-tier managers across the alternative investment universe. Through a comprehensive due diligence process, the research team has a track record of superior risk-adjusted returns and is a market leader utilizing its expertise and extensive network to source investments.
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Investment activity
2012–2025 · 13 investments
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