stationery.

Q3 has been a quarter focused on connection. We gathered with founders, operators, and investors at events from coast to coast, backed one of our portfolio companies with additional capital, and are seeing a strong pipeline of opportunities heading into the final stretch of 2025.

AI is bringing new velocity to the life sciences, but trading speed for safety isn’t an option. To deliver both, the sector needs modern infrastructure that makes rigorous compliance feel native to how teams build. Ketryx is an AI-native compliance platform that helps life sciences teams release safer products faster by automating validation, traceability, and regulatory workflows. More here

Return on Innovation: Navigating Healthcare Purchasing in the AI Era

• Dr. Chris Gilligan, CMO, CQO, and SVP at Robert Wood Johnson University Hospital

• Mike Goodman, Co-Founder and Chief Growth Officer at Oshi Health

• Dr. Anand Joshi, SVP, Chief Procurement and Supply Chain Officer at NewYork-Presbyterian Hospital

• Dr. Dan Knecht, Chief Medical Officer at EmblemHealth

Panelists delivered hard truths (and cause for optimism) about what it takes to break through with health systems and payers — not as a marketing problem or feature gap, but as an evidence and integration challenge. Read on for key takeaways from the conversation.

53 Stations in the Wild

Attending Tiburon CEO Summit in Boston?

On the horizon for us:

• SF Tech Week, San Francisco - October 6 - 12

• Procore Groundbreak, Houston - October 14 - 16

• HLTH, Las Vegas, October 19 - 22

• Tiburon CEO Summit, Boston - October 27 - 29

• The Emerging Manager Circle Summit, New York - October 29

• Kauffman Fellows Summit, London - November 3 - 5

Let us know if you’ll be there. We’d love to see you.

Thank you MBA Summer Fellows!

We welcomed our second class of MBA Fellows this summer. At 53 Stations, fellows don’t sit on the sidelines. They source and work on live deals, contribute to active theses, and join the same founder and operator conversations as our investors. It is a front row seat to how conviction gets built, combining deep research with blunt feedback from customers and executives who have scaled companies before. Read on for lessons they took with them after wrapping the summer.

We're happy to spotlight Phill Lawson-Shanks in our Wayfinder Operator Network. As Chief Innovation Officer at Aligned Data Centers, Phill brings 30+ years of experience shaping data center infrastructure, network architecture, and cloud solutions at global scale.

At Aligned, Phill drives innovation strategy, identifying emerging trends and technologies that inform the company's roadmap while fostering partnerships that keep Aligned competitive in a rapidly evolving market. Previously, as Chief Innovation Officer at EdgeConneX, he developed edge-based network data centers that underpin today's digital content ecosystem.

Phill holds eight active technology patents and serves on the boards of Netrality Data Centers, the Clean Energy Buyers Association (CEBA), and the Nomad Futurist Foundation. Read his recent piece on where the grid meets AI to understand what it really takes to power the future.

Thanks for reading.