lsmgroup

Private invitation · For physicians

Exclusive Healthcare & AI Investment Opportunities for Physicians

Deal flow validated by domain experts in healthcare, life sciences, and AI.

The LSM Group is an invitation-only investor network. Membership is free. Every company you see has been reviewed by a domain expert panel before it reaches you.

Join the Network

Free to join. No commitment.

Physicians walking through the sunlit entrance of a modern medical building
  • No membership fee
  • Expert-validated before you see it
  • Invitation only
  • $5,000 minimum only if you choose to participate

Why now

The people closest to the technology are the last ones invited to own it.

Healthcare is being rebuilt in software. AI is already supporting documentation, imaging, intake, chronic care, and follow-up — often reaching the bedside before it reaches the headlines.

Clinicians are the first to test these tools in the real world. You see where they fail, whether workflows make sense, and whether teams will actually use them. That judgment often determines whether a health technology company succeeds — yet the financial value of that judgment usually lands somewhere else.

Four clinicians in conversation around a meeting table

Epic Systems

325M+patient records

Founded in 1979 on $70,000 of starting capital. Never went public. Clinicians have documented in Epic for four decades, and there has never been a share of it available for any of them to own.

Doximity

$26 → $44.13day one

Funded privately for eleven years. Over 80% of US physicians were members when it listed in June 2021 at $26 and closed day one at $44.13. Physicians could only buy in on day one of trading.

Hippocratic AI

$1.64B → $3.5Bin private rounds

Launched in 2024 building patient-facing AI agents, with 115M+ clinical interactions logged. Valued at $1.64B in Jan 2025 and $3.5B by Nov 2025 — every dollar raised in private rounds.

These companies often raise from people already connected to the room where the round happens, while the clinicians whose adoption determines whether the product succeeds are left outside it. That is the gap this network exists to close.

Membership costs nothing. What it gives you is a seat in the room, early enough to matter.

Join the Network

Free to join. No commitment.

Epic, Doximity, and Hippocratic AI are named here as publicly reported examples of how healthcare technology gets financed. None is an LSM Group holding, and nothing above predicts the outcome of any opportunity the network reviews.

Membership

Free to join. Optional to participate.

Everything below is included at no cost. There is no membership fee, no subscription, and no commitment of capital.

Validated deal flow

Every company that reaches you has passed a domain expert panel first. Companies that fail that review never reach the network.

The Signal Report

The expert’s written assessment travels with the opportunity, so you are reading an evaluation rather than building one.

Deal preview events

Founders present to the network and take questions directly. Domain experts are in the room and ask the hard ones.

Quarterly sector letters

How we are reading healthcare, AI, and life sciences. No pitches.

The differentiator

Someone who has actually done it reviews the company first.

Every opportunity is matched to a domain expert in that exact category. An operator who has run a diagnostics business. A clinician who has carried a therapeutic through approval. They write a Signal Report, and the network reads it alongside the deal.

Signal Reports are published openly to the network. Credibility is earned in public.

01Technical and clinical validation
02Competitive positioning
03Regulatory risk
04Market timing
05Expert recommendation with confidence level

Process

Seven stages. Four of them finish before you see anything.

An investment team reviewing a company on a tablet
Before it reaches you
  1. 01

    Identification

    Sourced through the network, not from inbound decks.

  2. 02

    Domain Expert Review

    A specialist in that exact category assesses the company and writes the Signal Report.

  3. 03

    Acquirer & PE Signal

    We map who realistically buys this company and at what stage. Exit paths are mapped before entry.

  4. 04

    Follow-On Signal

    We check whether credible investors are positioned to fund the next round.

Your decision
  1. 05

    You Decide

    Opt in or out after the presentation. Opting in brings you the written terms rather than committing you to anything.

  2. 06

    Deal Preview Event

    The company presents to the network and takes questions. You receive the Signal Report at the same time.

  3. 07

    Portfolio Updates

    Ongoing reporting on the companies you hold, in one place on the investment platform.

What the network includes

A seat at every presentation.

Membership is not a mailing list. Here is what happens.

01

The invitation

Once to twice per month, members are invited to a live presentation. You get the date in advance and attend the ones that interest you.

02

The presentation

The company presents to the network and takes questions live.

03

Opt in or opt out

After the presentation we ask every member for a yes or a no. Opting out takes one click and needs no explanation. Opting in tells us you’re interested.

04

The written terms

Members who opt in receive an email with the specifics: pitch deck, investor memo, what the company is raising, the minimum to participate, and the closing date. You confirm your accredited investor status once.

05

Your portal

Once you invest, everything sits in one secure portal — subscription documents, funding, company reporting, tax forms, and every position you hold in a single view.

Join the Network

Free to join. No commitment.

Why you

Three reasons physicians join this network.

01

You already know this market

You see which devices actually get used, which workflows waste an hour a day, and which therapies patients abandon. Generalist investors model that from the outside. Members with deep expertise are invited onto the domain expert panel for companies in their field.

02

Diversification outside the practice

Most physician wealth sits in the practice, public markets, and real estate — all moving on cycles you do not control. Private healthcare companies sit in a different part of the portfolio. A $5,000 minimum means small positions across many companies over time.

03

Access to companies that never go public

Members review revenue-generating companies, specialty pharmaceutical assets with validated clinical data, and applied AI in regulated environments — sourced through relationships, usually closed before they are marketed. Membership opens that door, and it is free.

Thesis

Healthcare · AI · Life Sciences

A physician reading on a tablet
  • Diagnostic technology and clinical operations
  • Specialty pharmaceutical assets, post-development with validated clinical data
  • Applied AI in regulated environments
  • Longevity and healthspan therapeutics and diagnostics
  • Data security for healthcare and life sciences infrastructure

Founder-led · Expert-validated

Two decades building healthcare.
Now investing in what comes next.

Yenvy Truong, founder of The LSM Group
Yenvy TruongFounder

Two decades in healthcare. Trained as a biomedical engineer. Built diagnostic laboratories. Founded and exited multiple healthcare companies across genomics, longevity, remote patient monitoring, digital musculoskeletal care, telomere science, and metabolic medicine.

The LSM Group co-invests in every deal it brings to the network.

Join the Network

Free to join. No commitment.

Terms

Cost to join the network: $0.
The terms below apply only when you choose to participate in an investment.

Membership
Free. No fee, no subscription, no commitment.
Minimum to participate
$5,000 per investment, only if you choose to invest.
Administration
An investment platform handles documents, funding, reporting, and tax forms.
Commitment
None. You opt into each company individually.
Eligibility
Accredited investors under SEC Rule 501.

Fees apply per investment and are disclosed in full in the offering documents before you commit any capital.

Is there a catch to free membership?

No. If you never participate in an investment, it costs you nothing. Fees apply only to capital you choose to invest and are disclosed in full in the offering documents.

What if I am not ready to invest?

Apply anyway. Many members review companies for months before participating in anything.

How much time does this take?

You receive the opportunity, read the Signal Report, attend the preview if you want to, and decide. Passing takes no time at all.

Join the Network

Free to join. No commitment.

Apply

Join the Network

Applying costs nothing and commits you to nothing. Applications are reviewed personally and we respond within five business days.

  • No membership fee
  • Invitation only
  • Expert-validated before you see it
1Personal
2Professional
3Investment

Request your invitation

Personal

Reviewed personally · Response within 5 business days. No commitment.

Questions

Everything you might ask before applying.

Nothing. Network membership is invitation-only and there is no membership fee. You can be a member for a year, review every company we bring forward, and never invest a dollar. Fees exist only on capital you choose to put into a specific investment, and the minimum to participate in one is $5,000.

This page is provided for informational purposes to individuals who have received it through a personal referral. It is not an offer to sell or a solicitation of an offer to buy any security. Any offering is made only to accredited investors through definitive offering documents. Private investments are illiquid, involve a high degree of risk, and may result in the total loss of invested capital. Past performance does not indicate future results.