
Koa Labs
1430 Massachusetts Ave, Floor 6, Cambridge, MA, 02138, United States
Overview
Koa Labs is a fund for founders looking to start independent companies. Koa Labs was founded by Andy Palmer and is headquartered in Cambridge, Massachusetts.
- Total investments
- 12
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 0
Sector focus
- Coworking
- Venture Capital
Investment portfolio
- Dig Energy
Participated · Seed · Sep 2025
Dig Energy has developed a compact water-jet drilling rig intended to dramatically reduce the upfront cost of shallow geothermal ground loops for heating and cooling. The founders, Dulcie Madden and Thomas Lipoma, spent about five years in stealth refining the design and drilling test holes through various soils and rock types near their New Hampshire offices. The company claims its rig can cut drilling costs by up to 80% and produces straighter holes that can be placed closer together than those from conventional rigs. Dig plans to sell its rigs to drillers and is preparing a slightly larger production version for initial commercial pilots supported by its recent seed round. The startup is positioning its technology to enable broader adoption of geothermal by making rigs small enough to access constrained sites such as backyards and crowded commercial lots.
- Marigold Health
Participated · Series A · Jun 2024
Marigold Health offers a proprietary peer support program that pairs one-on-one coaching from certified peer specialists with 24/7 text-based support groups in an app integrated with NLP that flags health needs in chats. The company has demonstrated real-world outcomes: a 2020–22 pilot with a major managed Medicaid organization in Delaware made Marigold the state’s largest provider of peer recovery supports, and an outcomes analysis of 1,000 app signups found 98% reported improvement in at least one dimension of Recovery Capital. Today the program covers about 25,000 members across Delaware, Rhode Island, and Massachusetts. Marigold is prioritizing partnerships with Medicaid and duals health plans and is pursuing a value-based reimbursement model to tie improved member outcomes to lower total healthcare costs. The company plans to grow its peer workforce, continue developing its NLP, expand to at least four additional states by the end of next year, and pursue a longer-term vision of a nationally distributed peer delivery model that can support chronic conditions beyond SUD. Marigold Health runs a virtual program that uses trained peers—individuals in recovery—to support others via 24/7 text-based group chats. The company has patented natural language processing technology to help peers moderate its online community and has validated the approach in federally funded studies. A NIDA-funded Phase I study of 50 patients with opioid use disorder reported 64% daily use of the Marigold app across a two-month period. Since 2016 Marigold has engaged thousands of patients and reports that over 75% of current members are on public health insurance. Its service has been adopted by health plans and providers—AmeriHealth Caritas DE offered Marigold to more than 10,000 members with SUD, and Wood River Health Services will offer it in Rhode Island. Marigold plans to build state-level peer workforces and pursue Medicaid plan partnerships to expand access in communities affected by the opioid epidemic.
- Shimmer
Participated · Seed · Jan 2024
Shimmer provides adults with ADHD personalized, 1:1 video coaching combined with productivity tools and science-backed learning modules. Users complete intake questions, are matched with one of Shimmer’s 30+ ADHD coaches, and receive weekly sessions plus ongoing exercises and resources. Pricing tiers start at $140/month for weekly 15-minute sessions, $230/month for 30-minute weekly sessions, and $345/month for 45-minute weekly sessions. Since launching in October 2022, Shimmer coaches have held more than 15,000 coaching sessions and the platform is available on iOS, Android and the web. The founders plan to partner with providers, payors, and employers to reduce out-of-pocket costs and to leverage AI to make coaches more efficient without sacrificing authenticity. Shimmer has begun expanding beyond ADHD to support other neurotypes, including autism, and plans corporate training, community support, and broader personal-development offerings. Shimmer is a consumer app that provides coaching for adults with ADHD via a technology-enabled platform. Its core product pairs users with expert ADHD coaches and delivers "bite-sized" weekly 15-minute live video coaching sessions combined with an accountability system in the app. The program and methodology were developed with ADHD experts from NYU and UCSF. Led by CEO Chris Wang, the platform focuses on integrative, mini coaching sessions and progress tracking through the tech platform. In October 2022 Shimmer raised $1.3M in Seed funding and plans to use the proceeds to accelerate growth, expand operations and broaden its business reach. Backers included Y Combinator, Honeystone Ventures, Koa Labs, Megan Hall and Gaingels.
- AskFora
Participated · Seed · Oct 2023
AskFora offers AskFora Teams, a SaaS product built on its AI-driven skills search platform that automatically maps employees’ skills to open roles using public and internal data. The product includes an AI chatbot named Fora and a core dataset spanning over 5 million professionals and 250,000 skills. AskFora ingests data from sources such as LinkedIn, GitHub, Twitter/X, news, blogs, employee-submitted data, and organizational records (courses, certifications, experiences). AskFora Teams provides modules for recruiting cost savings, DEI and retention, referral increases, targeted training and gap analysis, workforce planning, and improved productivity. The service is offered on a subscription basis at a list price of $10 per month per employee and targets organizations from roughly 200 to 2,000+ employees. Early customers include firms in high-end manufacturing, specialized consulting, and direct-to-consumer industries.
- Hey Jane
Participated · Series A · Oct 2022
Hey Jane is a telemedicine startup that provides virtual abortion consultations and mails medication abortion drugs (mifepristone and misoprostol) to patients. Founded in 2021, the company connects patients with healthcare providers online and fulfills medication abortions via mail delivery. Since launching in the spring of last year it has served nearly 20,000 patients, its patient base grew 200% in the last year, and it has doubled the size of its clinical team. Hey Jane has expanded beyond its initial three-state footprint to operate in multiple additional states, including California, Colorado, Connecticut, Illinois, New Jersey, New Mexico, New York and Washington. Financially, the startup has raised $9.7 million to date, including a recent $6.1 million Series A. Going forward it plans to increase public awareness of medication abortion and broaden access to reproductive care via telemedicine and medication delivery. Hey Jane operates a remote-first telemedicine clinic that offers a $249 treatment including screening by a medical doctor, FDA-approved medication prescribed and shipped overnight, follow-up virtual visits, chat access to a doctor, and frequent text check-ins. The company does not yet accept insurance but offers financial assistance through nonprofit partner Reprocare, which can subsidize up to $110 of the cost so patients may pay as little as $139. Hey Jane is a seven-person team seeing 250% quarterly growth in patient volume and says its service areas now cover up to 34% of all U.S. abortions performed annually. The startup has launched across California and also operates in New York and Washington, and the team expects to be in 10 states by year-end with a goal of offering treatment in all 50 states in coming years. Hey Jane is partnering with the Advancing New Standards in Reproductive Health research group at UCSF to expand evidence supporting telemedicine abortion and is monitoring state-by-state telemedicine and abortion regulations.
Team
No current team members are available.