Activate Venture Partners

Activate Venture Partners, previously known as Milestone Venture Partners, is a venture capital firm specializing in early stage and growth capital investments. The firm focuses on sectors such as media and marketing services, digital health, digital media, healthcare information technology, enterprise technology, and financial services information technology. It concentrates on technology-enhanced service businesses that provide software as a service, fintech solutions, data-as-a-service, mobile applications, and business process outsourcing. In the digital health sector, Activate invests in companies delivering software and data services to providers, payors, biopharmaceutical firms, and patients. The firm primarily targets companies in the Greater New York metropolitan area, New Jersey, Connecticut, Eastern Pennsylvania, and the broader Northeast and Mid-Atlantic regions. Initial investments typically range from $750,000 to $3 million, with a preference for companies that require less than $5 million to achieve profitability. Activate Venture Partners was founded in October 1999 and operates from New York, New York, with an additional office in Bethlehem, Pennsylvania.

Avlyn Ashterman-Reece

Operation Manager, Executive Support and Investor Relation

Richard Dumler

Venture Partner

John C. MacFarlane

Principal

Morgan Rodd

Venture Partner

Past deals in Connecticut

Diameter Health

Series B in 2020
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

Diameter Health

Series A in 2019
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

Diameter Health

Series A in 2016
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.