# MassDevelopment

> MassDevelopment is a VC fund backing Health Care and Hospital. See 40 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 40
- Last investment: May 2026
- Lead investor: 98%
- Last updated: Aug 2026

MassDevelopment is a VC fund focused on Health Care and Hospital.

## Contacts

5 contacts available for MassDevelopment. Shizune tracks 1 team members at MassDevelopment. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/massdevelopment?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $650k–$3M |
| Debt Financing | $1.3M–$9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 29 | 73% |
| Hospital | 13 | 33% |
| Medical | 11 | 28% |
| Non Profit | 10 | 25% |
| Dental | 7 | 18% |

50 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 34 | 85% |
| Debt Financing | 5 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 38 | 95% |
| France | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Navjeet Bal | CEO | 1 | https://shizune.co/investors/profile/navjeet-bal |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Harbor Health Services | Harbor Health Services is a non-profit health agency committed to providing quality, comprehensive health care in MA communities. | $9M | Debt Financing | May 28, 2026 | https://x.com/@Harbor_Health |
| Venture Community Services | Venture Community Services is committed to providing individuals with disabilities and other challenges, their families, and caregivers access to the opportunities they deserve. Through innovative practices and a visionary approach, they set their focus on the uniqueness of each individual and offer personalized support. They foster independencethrough a continuum of support which includes community residential services, shared living, adult foster care, transportation services, and community day programs. | $2.8M | Debt Financing | May 06, 2026 | https://x.com/venturecsinc |
| Greater New Bedford Community Health Center | Greater New Bedford Community Health Center offers services such as adult medicine, dental health, women's health, and diabetes management. | $650K | Grant | Mar 16, 2026 | http://gnbchc.org/ |
| Greentown Labs | Greentown Labs enables entrepreneurs to solve the world's biggest energy and environmental challenges. Our mission is to enable a vibrant community of entrepreneurs to work on their visions and to provide access to the space, resources, and funding that allows their early-stage companies thrive. We offer 33,000 sq. ft. of prototyping lab andco-located office space, a shared machine shop and electronics lab, immersion in a growing community of energy and clean technology entrepreneurs, and on-site events and programs designed to enable start-ups to rapidly grow their networks and their companies. | $3M | Grant | Dec 18, 2024 | http://greentownlabs.com |
| Glenmeadow | Glenmeadow helps older adults live full lives without worrying about future health concerns. They also offer senior wellness programs, personal care, independent and assisted living apartments, home services, retirement communities, life plan communities, and property services. | $5M | Debt Financing | Oct 11, 2023 | https://x.com/glenmeadow |
| Bisousweet Confections | Bisousweet Confections is a women-owned baking firm that uses sweets, doughnuts, and Muffins to make people feel loved. | $1.3M | Debt Financing | Jun 07, 2023 | https://x.com/bisousweet?lang=en |
| Cougar Capital Management | Cougar Capital Management is a real estate company that offers construction, property development, and management services. | $2.8M | Grant | May 03, 2023 | https://www.cougarcapitalmanagement.com |
| Knights Airport Limousine Service | Knights Airport Limousine Service provides transportation services. They offers door-to-door airport shuttle service, private town car transportation, and mini-buses. | $30K | Grant | Dec 01, 2022 | https://www.knightslimo.com/ |
| Tri-Valley | Tri-Valley is a private, non-profit organization that provides information, referrals, and care management for the elderly in their homes and in the community. It is dedicated to elders' and people with disabilities' rights to live independently, with dignity and safety, in a setting of their choosing. | $250K | Grant | Dec 01, 2022 | https://x.com/TriValleyInc |
| Clinton Council On Aging | Clinton Council On Aging performs as a resource center for residents who are 60 or older. For these residents, they will offer services and initiatives in the areas of advocacy, health, education, nutrition, and recreation. Their outreach program resource offers advocacy through referrals in fields like social security, medicare, Medicaid, medicaremass health, housing help, and fuel assistance. | $31K | Grant | Dec 01, 2022 | https://www.clintonma.gov/203/COA-Center |

10 of 40 investments shown.

## Co-investors
- [Rice University](https://shizune.co/investors/profile/rice-university) — VC Fund, 1 deal together
- [SCF Partners](https://shizune.co/investors/profile/scf-partners-ltd) — VC Fund, 1 deal together
- [TD Bank](https://shizune.co/investors/profile/td-bank) — VC Fund, 1 deal together

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## FAQ

### What does MassDevelopment invest in?

MassDevelopment invests primarily in Health Care, Hospital and Medical startups, most often at Grant and Debt Financing stage. Most of the 40 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MassDevelopment's check size?

MassDevelopment typically joins rounds of $650k–$3M at Grant and $1.3M–$9M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MassDevelopment participates in.

### How do I contact MassDevelopment?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MassDevelopment?

The team at MassDevelopment includes Navjeet Bal (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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