Cobalt Ventures

Cobalt Ventures is the captive private equity subsidiary of Blue Cross and Blue Shield of Kansas City. With a sole focus on healthcare, we invest in high-growth companies with capabilities that can be scaled and leveraged nationally across the payer universe.

David Eichler

President and Managing Partner

Eichler, David A.

President and Managing Partner

Benjamin Ersing

Principal

Dipa Mehta

Managing Partner

4 past transactions

MedArrive

Venture Round in 2023
MedArrive offers a care management platform that connects the workforce of EMS professionals to patients from their homes. It enables healthcare providers to seamlessly care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. MedArrive's technology, network of field providers, and holistic care model serve vulnerable populations in their homes while fostering patient self-advocacy, reducing overall healthcare costs, and re-engaging disengaged patients in primary care. By utilizing an underutilized workforce, this innovative method provides patients with access to reliable medical knowledge, resulting in continuity of care, improved patient outcomes, and significant cost savings for payers and providers alike.

AristaMD

Series C in 2022
AristaMD is a healthcare company that features a software platform that helps hospitals and practitioners on improving patient outcomes. It also offers a solution that enables primary care providers to ask questions about patients that they would otherwise refer out and transmit patient clinical notes, history, lab results and images to collaborate on care plans with a panel of on-call, board-certified specialists, all within a matter of hours. The company was founded in 2013 and headquartered in La Jolla, California.

RecoveryOne

Series C in 2021
RecoveryOne is an innovator in mHealth solutions for patients recovering from orthopedic injuries. The company provides personalized programs that combine digital therapy and live coaching to reduce costs, accelerate recovery, and drive patient satisfaction. RecoveryOne was founded in 2014 and is headquartered in Walnut Creek, California.

Nymbl Science

Series A in 2020
Nymbl Science provides training that helps maintain and improve balance for a better quality of life, at every age. The company's mission is to use medical science and mobile technology to improve balance and prevent falls. Nymbl is a scientifically validated digital balance training program that will prevent 1 million falls. It’s an effective and engaging way to train the brain and body to work together, using just a smartphone and in only 10 minutes a day, allowing older adults to preserve and enhance their freedom and enjoyment of life.
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