Blue Heron Capital

Blue Heron Capital, LLC is a private equity and venture capital firm based in Richmond, Virginia, with an additional office in Washington, D.C. Founded in 2006, the firm specializes in growth equity investments, primarily targeting early-stage companies and lower market buyouts in the healthcare sector, technology-enabled business services, and enterprise technology industries. Blue Heron Capital typically invests between $2 million and $10 million in companies generating $3 million to $20 million in revenue, focusing on those that are cash flow positive or near breakeven. The firm emphasizes its operational involvement, investing only in sectors where it possesses deep expertise, allowing it to actively support the growth of its portfolio companies. Its strategic approach combines capital investment with industry knowledge and a robust network to foster value creation for both companies and investors.

Thomas A. Benedetti

Managing Partner and Co-Founder

Tom Benedetti

Co-Founder & Managing Partner

Gordon Crenshaw

Partner

Kara Donnelly

Director Of Business Development

Kevin Musco

Associate

Andrew Tichenor

Co-Founder & Managing Partner

Past deals in Virginia

AnswersNow

Series A in 2023
AnswersNow, Inc. develops a mobile platform for parents and caregivers of autistic children. Its platform provides educational resources, behavioral learning tools, and on-call expert support. Its platform supports step-by-step learning process of the child; as well as enables saving, storing, and monitoring the child's progress. The company was founded in 2016 and is based in Richmond, Virginia.

Homecare.com

Venture Round in 2019
Homecare.com provides expert information, practical action steps, guides, resources, and personalized plans to help caregivers make sound decisions and successfully navigate the complex world of eldercare. It offers a whole new world for caregivers: one where they can do the very best for their parents, older family members, or friends who need care. Its platform helps the families and caregivers to connect with each other, enabling families and health care providers to interview, hire, and manage fully credentialed, insured, and bonded caregivers. Homecare.com was founded in 2014 and is based in Mclean, Virginia.

Verato

Series C in 2019
Verato is a cloud-based patient matching technology that is better, faster, and cheaper than today's standard matching technologies. We use a highly-curated, continuously-updated, self-learning database of identities and identity attributes spanning the entire U.S. adult population. This database acts as an “answer key” for identity data. We call this "referential matching." Verato uses this database as an answer key during matching to make matches no other approach can ever make—even if two records have out-of-date, errored, incomplete, and inconsistent identity data. Because of this approach, our match rates are the highest in the industry. We deliver sub-second performance and can securely handle hundreds of millions of transactions to support the largest organizations. Since, Verato is cloud-based, there is no software to deploy, support, and maintain. We deliver quick time-to-value (weeks, not months or years) and a lower total cost of ownership than any of the on-premises solutions being used today. Better, cheaper, faster.

Homecare.com

Venture Round in 2018
Homecare.com provides expert information, practical action steps, guides, resources, and personalized plans to help caregivers make sound decisions and successfully navigate the complex world of eldercare. It offers a whole new world for caregivers: one where they can do the very best for their parents, older family members, or friends who need care. Its platform helps the families and caregivers to connect with each other, enabling families and health care providers to interview, hire, and manage fully credentialed, insured, and bonded caregivers. Homecare.com was founded in 2014 and is based in Mclean, Virginia.

Avizia

Series A in 2016
Avizia is a provider of telehealth and remote conferencing platform to deploy and power system-wide telehealth programs. It is delivering on the vision of collaborative care for patients by connecting medical experts across distance through innovative, leading-edge telemedicine solutions. Supported by Cisco technology, Avizia delivers telemedicine that is as powerful as it is easy to use. Its end-to-end solution includes telemedicine devices, workflow management software, store-and-forward capabilities with EHR integration, and a line of peripherals, such as digital stethoscopes and examination cameras. Whether medical professionals are performing remote medical consultations or teaching a new procedure, Avizia makes the experience feel as if everyone is present. Avizia uses Cisco TelePresence technology to enable HD, real-time video collaboration in hospitals amongst patients and professionals.

Verisma Systems

Venture Round in 2015
Verisma is a Release of Information (ROI) Technology and Services Company. Our patented, cloud-based platform is the industry’s first ROI Automation System. Built on over 10 years of experience, we manage the release workflow from start to finish better than anybody else. With our extensive HIPAA privacy and security tools and industry leading QA process, rest assured your organization will be fully compliant.

Verisma Systems

Venture Round in 2015
Verisma is a Release of Information (ROI) Technology and Services Company. Our patented, cloud-based platform is the industry’s first ROI Automation System. Built on over 10 years of experience, we manage the release workflow from start to finish better than anybody else. With our extensive HIPAA privacy and security tools and industry leading QA process, rest assured your organization will be fully compliant.

Verisma Systems

Private Equity Round in 2015
Verisma is a Release of Information (ROI) Technology and Services Company. Our patented, cloud-based platform is the industry’s first ROI Automation System. Built on over 10 years of experience, we manage the release workflow from start to finish better than anybody else. With our extensive HIPAA privacy and security tools and industry leading QA process, rest assured your organization will be fully compliant.

Local Voice Media

Series B in 2013
Local Voice Media, LLC, formerly known as Davis Media, LLC, is based in Williamsburg, Virginia, and operates a network of radio stations. The company focuses on fostering a sense of local community by providing trustworthy information and engaging entertainment to its audience. In addition to serving listeners, Local Voice Media aims to create effective marketing solutions for its advertisers, enhancing community connections and promoting local businesses.