SH

Stephen Hays

VC Partner, Mental Health Focused VC

Location

United States, North America

Check Size

$100K - $25M

Investment Stage

Seed
Series A
Series B

Focus Areas

Health IT
Health & Hospital Services
Digital Health
Consumer Health
Pharmaceuticals
Impact

About Investor

Stephen Hays is a Managing Partner at What If Ventures who focuses on investments in Consumer Health, Impact, Pharmaceuticals, Health IT, Health & Hospital Services, and Digital Health at Seed, Series A, and Series B stages, with investment ranges typically between $100K and $25.0M. His verified work background includes being a mental health focused VC who founded What If Ventures to invest in radically transformative technology that improves the human experience from mental health to primary care. Hays has invested in companies like Alto Neuroscience, Atai Life Sciences, Firehawk, and Umbra, demonstrating his focus on disruptive healthcare and defense technology investments. He is based in Austin and appears to be particularly interested in supporting founders who are developing innovative solutions in mental health and related healthcare fields.

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Previous investments

Firehawk Aerospace
60M |2025
Terray Therapeutics
120M |2024
Slingshot AI
30M |2024

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