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Mujtaba Badat

Managing Partner at Belal Badat

San Francisco, California

Overview 

Mujtaba Badat is the Managing Partner at Belal Badat in Dallas, Texas, with a focus on entrepreneurship, start-ups, and leadership. Highlights of his career include serving as an investor at TeamOut (YC W22) and mentoring at the Techstars Physical Health Fort Worth Accelerator.

Work Experience 

  • Co-Founder

    2024 - Current

    DxAngels is an angel syndicate of Doximity alumni, doctors, and health tech leaders that invests in early stage digital health startups. The syndicate invests $300k in seed and series A startups. Preference is given to companies that have moved beyond initial stages of product-market fit and are looking to scale. The investment comes with the combined brain power and experience of dozens of Doximity alumni, tech-forward physicians, and health tech leaders who want to help founders grow their businesses.

  • Managing Partner

    2022

    In 2022, Ahmed Belal and Mujtaba Badat created Belal Badat Ventures, a family office fund with the goal of advising and investing in early-stage digital health startups. Ahmed and Mujtaba started angel investing in 2016 and began focusing on helping healthcare founders after Doximity's IPO in 2021. Belal Badat invests $25k to $50k in pre-seed and seed stage startups. Our preference is well rounded teams that have strong founder-market fit and prior healthcare experience. We enjoy pairing with founders to work through problems, especially clinician and hospital facing growth challenges.

  • Mentor

    2025

    Health Wildcatters is a mentor-driven seed accelerator and coworking space focused on supporting entrepreneurs who are improving healthcare. Health Wildcatters’ focus is on early stage healthcare startups across IT, SaaS, digital and mobile health, medical devices, diagnostics, research tools, and pharmaceuticals.

  • Mentor

    2023

    - Techstars Physical Health Fort Worth ('23, '24) - Techstars Columbus powered by The Ohio State University ('25) - Techstars AI Health Baltimore powered by Johns Hopkins University and CareFirst BlueCross BlueShield ('25)

Techstars is an accelerator that provides pre-seed investment and mentoring for various early stage startups.

Raised $108,919,999.00 from SVB Financial Group and Foundry Group.

  • Advisor and Investor

    2025

    Klinic empowers Independent Practitioners to build practices by creating a Shopify-like experience to launch and scale.

  • Investor

    2025

    Mishe’s enterprise-grade, consumer-centric access platform helps patients, providers and payers collaborate as a unified team. Led by a team of direct access zealots, Mishe’s “integrated adjudication” infrastructure tethers healthcare’s supply chain to simplify transactions and eliminate waste.

  • Investor

    2024

    Apprenta builds tools and mechanisms to help employers engage talent pipelines earlier and scale educational sponsorships for hard-to-fill jobs. We're an end-to-end workforce development command center to launch any talent pipeline program. Our mission is to enable greater economic mobility while addressing critical talent shortages in the US.

  • Investor

    2024

    Syndicate Bio is a platform biotech driving genomics and precision medicine initiatives across the world’s most diverse regions. We use large scale partnerships with governments and other stakeholders to drive local precision medicine impact while creating powerful datasets that can be used for drug discovery and development.

  • Investor

    2024

    TeamOut offers an online platform to help remote teams find the perfect offsite.

TeamOut is the platform that makes retreat planning easy for remote teams.

Raised $3,200,000.00 from Louva Invest, Karman Ventures (fka Moving Capital), Pioneer Fund, Y Combinator and FundersClub.

  • Investor

    2024

    Medzoomer is an on demand prescription delivery service platform. We’ve created an app that enables patients to have access to their medications from the convenience of their phone.

MedZoomer is a prescription delivery platform that delivers medications from pharmacies to customers.

Raised $3,418,349.00 from Endeavor Miami.

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