Blue Cross Blue Shield of Massachusetts

Blue Cross Blue Shield of Massachusetts is a not-for-profit health plan based in Boston, serving nearly three million members with a commitment to providing high-quality and affordable healthcare. With over 75 years of experience, the organization focuses on ensuring that individuals, families, and businesses have access to the healthcare services they need. It offers Medicare services and provides guidance on insurance and medical care plans to help clients maximize their healthcare benefits. Blue Cross Blue Shield of Massachusetts prioritizes member satisfaction and quality, consistently ranking among the nation’s best health plans. The organization emphasizes community collaboration and shared responsibility to enhance healthcare affordability.

Andrew Dreyfus

President and CEO

Paul N. Long

Chief Experience Officer | Senior Vice President Member and Provider Services

7 past transactions

Brightline

Series C in 2022
Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families.

Brightline

Series B in 2021
Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families.

Brightline

Series A in 2020
Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families.

Ovia Health

Venture Round in 2016
Ovia Health is a digital healthcare company that provides a comprehensive maternity and family benefits solution aimed at supporting women and families throughout the parenthood journey. Formerly known as Ovuline, the company offers a suite of mobile applications, including Ovia Fertility and Ovia Pregnancy, which deliver personalized information and resources related to fertility, pregnancy, and parenting. By empowering women with customized health insights, Ovia Health enables them to take control of their reproductive health and start families with confidence, ultimately transforming healthcare into a lifestyle choice.

Livongo

Series C in 2016
Livongo Health, Inc. is a consumer digital health company based in Mountain View, California, that offers an integrated suite of solutions aimed at improving the management of chronic conditions. Founded in 2008, Livongo focuses on empowering individuals with conditions such as diabetes, hypertension, and behavioral health issues through real-time data capture and data-driven insights. The company provides cellular-connected devices, supplies, informed coaching, and access to medications, all designed to facilitate health behavior changes. Its product offerings include specialized programs for diabetes, hypertension, prediabetes and weight management, as well as behavioral health support. Livongo's innovative approach combines technology with personalized support, aiming to enhance both clinical outcomes and the overall experience for users and their healthcare teams. As of October 2020, Livongo operates as a subsidiary of Teladoc Health, Inc.

lifeIMAGE

Series D in 2015
LifeIMAGE is an online network that enables individuals to exchange medical images. LifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere. It was founded in 2008 and headquartered in Newton, Massachusetts.

Operating Analytics

Seed Round in 2013
Operating Analytics' product, OR Forecast, gives surgical departments a daily forecast of operating room utilization. Hospitals allocate operating room (OR) time using block scheduling—a system that dictates specific days and times during which surgeons can schedule surgeries. Block schedules often do not coincide with actual OR demand, resulting in poor resource utilization and suboptimal financial performance. As such, OR managers must navigate a unique set of resource-related challenges that are not addressed elsewhere in the hospital setting. Operating Analytics’ vision is to improve hospital management through the use of data analytics. Its first product disrupts a paradox that hospitals face: access to OR time is restricted for scheduling surgeries, while OR time frequently goes unused. The Operating Analytics system interfaces with existing scheduling products and converts stored data into actionable knowledge to support intelligent decision-making and resource allocation for ORs. While other companies perform predictive modeling, Operating Analytics positions itself as the only one that focuses on OR demand forecasting and decision support.
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