Waterline Ventures

Waterline Ventures, founded in 2014 and based in Cambridge, Massachusetts, is a venture capital firm that focuses on early-stage investments in healthcare technology and services. The firm is comprised of experienced healthcare investors who collaborate with innovative entrepreneurs to address significant challenges within the healthcare industry, such as rising costs, inconsistent quality, and limited access to care. Waterline Ventures aims to support companies that are pioneering technological advancements in healthcare, recognizing the substantial opportunity for transformation in this sector. By investing in these promising ventures, Waterline Ventures seeks to create value while enhancing healthcare delivery and improving lives both nationally and globally.

Mike Baird

Operating Partner

Ellie Carson

Associate

John Curtin

Vice President

Robbie Greenglass

Partner

Robert Greenglass

Founder and Partner

31 past transactions

Andgo

Series A in 2022
Andgo Systems is an Absence Management was developed specifically for complex scheduling environments.

SimpliFed

Seed Round in 2022
SimpliFed is a telehealth company that provides access to virtual breastfeeding support to new and pregnant parents. It was founded in 2020 catering to new parents, who struggle with sleep deprivation, uncertainty, and complex questions about their infant’s nutrition.

evolvedMD

Series A in 2022
Provider of behavioral health services intended for integration of behavioral health services in modern primary care. The company offers whole patient care, upfront and ongoing, and offers early, comprehensive, and dedicated care, enabling patients to achieve better possible behavioral health outcomes.

Nice Healthcare

Series A in 2022
Nice Healthcare LLC is a nurse practitioner-led primary care clinic founded in 2017 and headquartered in Minneapolis, Minnesota. The company specializes in providing "Frictionless Primary Care," which aims to eliminate financial and access barriers for patients and clinicians. Nice Healthcare delivers services through a blend of in-home and virtual visits, offering a comprehensive range of care that includes primary care visits, virtual consultations, over 550 prescriptions, in-home labs, in-home x-rays, and virtual physical therapy and chronic condition management. The company partners directly with employers to provide unlimited access to its services for a fixed monthly rate of $30 to $36 per employee, with dependents included at no additional cost and no extra visit fees for patients.

Koneksa

Series C in 2022
Koneksa Health Inc. is a healthcare data analytics company based in New York, with an additional location in London. Founded in 2013, the company specializes in designing and developing software for pharmaceutical and biotech firms to facilitate decision-making and regulatory claims based on remotely generated patient data. Its flagship product, Koneksa Compare, provides a dashboard for capturing, monitoring, and analyzing patient-generated data and outcomes in clinical studies. The software supports the integration of emerging technologies, such as bio-sensors, activity trackers, and mobile-based questionnaires, allowing researchers to expand the range of analyzable data and reduce subjectivity in clinical endpoints. Koneksa Health aims to enhance the efficiency and accuracy of clinical research through its innovative solutions.

Cured

Series A in 2021
Cured, Inc. is a healthcare technology company that develops solutions for connecting health systems and healthcare organizations to patients and their families. The company’s platform solutions focus on network management, patient marketing and insights, and customer experience. Cured, Inc. was founded in 2018 and is headquartered in San Francisco, California with additional offices in Chicago and Denver.

Carta Healthcare

Series A in 2021
Carta Healthcare, Inc. is a technology company that has developed a software-as-a-service platform to enhance the patient journey within hospitals by utilizing data from existing IT systems. Founded in 2016 and headquartered in San Mateo, California, Carta's platform aims to personalize care by identifying past patients with similar profiles and analyzing their experiences. By employing machine learning, the platform predicts potential bottlenecks, alerts facilities about recovery bed shortages, and forecasts the needs and expectations of current patients. Additionally, Carta combines artificial intelligence with skilled human expertise to improve the efficiency and quality of healthcare data management, ultimately enabling health systems to achieve more effective data abstraction.

Manifold

Seed Round in 2020
Manifold, Inc. is an applied AI company that specializes in developing AI software programs and services for clients in the healthcare and financial sectors. Founded in 2016 and headquartered in Oakland, California, with additional offices in San Francisco and Boston, Manifold integrates infrastructure, algorithms, and data with a multidisciplinary research and development team to create market-ready products. The company provides expertise in machine learning, data science, data engineering, dev-ops, and cloud technologies, partnering with global companies through joint discovery and development initiatives.

Koneksa

Series B in 2020
Koneksa Health Inc. is a healthcare data analytics company based in New York, with an additional location in London. Founded in 2013, the company specializes in designing and developing software for pharmaceutical and biotech firms to facilitate decision-making and regulatory claims based on remotely generated patient data. Its flagship product, Koneksa Compare, provides a dashboard for capturing, monitoring, and analyzing patient-generated data and outcomes in clinical studies. The software supports the integration of emerging technologies, such as bio-sensors, activity trackers, and mobile-based questionnaires, allowing researchers to expand the range of analyzable data and reduce subjectivity in clinical endpoints. Koneksa Health aims to enhance the efficiency and accuracy of clinical research through its innovative solutions.

Nice Healthcare

Seed Round in 2020
Nice Healthcare LLC is a nurse practitioner-led primary care clinic founded in 2017 and headquartered in Minneapolis, Minnesota. The company specializes in providing "Frictionless Primary Care," which aims to eliminate financial and access barriers for patients and clinicians. Nice Healthcare delivers services through a blend of in-home and virtual visits, offering a comprehensive range of care that includes primary care visits, virtual consultations, over 550 prescriptions, in-home labs, in-home x-rays, and virtual physical therapy and chronic condition management. The company partners directly with employers to provide unlimited access to its services for a fixed monthly rate of $30 to $36 per employee, with dependents included at no additional cost and no extra visit fees for patients.

TimeDoc Health

Series A in 2020
TimeDoc Health is a Chicago-based healthcare IT and nursing services company that develops solutions to help physicians navigate the changing reimbursement landscape in healthcare.

RubiconMD

Series C in 2020
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

Anagram

Series A in 2020
Anagram Inc. develops a software platform designed to streamline the complexities of health insurance for healthcare professionals and patients. The company's online insurance assistant enables users to manage healthcare plans across various networks by providing information on out-of-network benefits and facilitating claim submissions. Anagram's platform also supports healthcare providers in checking patient eligibility, calculating out-of-pocket costs, and processing payments, thus enhancing the efficiency of insurance billing automation. This allows practitioners to leverage insurance benefits while navigating the limitations of in-network requirements, potentially enabling them to operate as cash-pay practices. Founded in 2015 and based in Santa Monica, California, Anagram was previously known as Glass Health, Inc. before rebranding in February 2020.

Legacy

Seed Round in 2020
Legacy is a company focused on transforming male fertility through innovative testing and preservation solutions. Founded by healthcare and fertility experts, Legacy provides home-based kits that allow men to analyze, improve, and preserve their sperm without the need to visit a clinic. Their offerings include sperm analysis and cryogenic storage options, facilitating the preservation of fertility for clients in a straightforward and accessible manner. The company collaborates with leading hospitals, fertility clinics, and progressive employers to ensure high-quality services. Legacy has garnered recognition through various awards, including victories at TechCrunch Disrupt and MassChallenge Boston, and has attracted investment from notable firms such as Bain Capital Ventures and Section 32.

Cured

Seed Round in 2019
Cured, Inc. is a healthcare technology company that develops solutions for connecting health systems and healthcare organizations to patients and their families. The company’s platform solutions focus on network management, patient marketing and insights, and customer experience. Cured, Inc. was founded in 2018 and is headquartered in San Francisco, California with additional offices in Chicago and Denver.

Anagram

Funding Round in 2018
Anagram Inc. develops a software platform designed to streamline the complexities of health insurance for healthcare professionals and patients. The company's online insurance assistant enables users to manage healthcare plans across various networks by providing information on out-of-network benefits and facilitating claim submissions. Anagram's platform also supports healthcare providers in checking patient eligibility, calculating out-of-pocket costs, and processing payments, thus enhancing the efficiency of insurance billing automation. This allows practitioners to leverage insurance benefits while navigating the limitations of in-network requirements, potentially enabling them to operate as cash-pay practices. Founded in 2015 and based in Santa Monica, California, Anagram was previously known as Glass Health, Inc. before rebranding in February 2020.

Zipnosis

Series B in 2018
Zipnosis, Inc. operates a virtual healthcare platform that connects patients with clinicians through phone and video interviews. The company specializes in online diagnosis, triage, and telehealth, providing device-agnostic virtual care that enhances patient choice and convenience while improving efficiency for healthcare providers. In addition to virtual consultations, Zipnosis offers a ZipTicket, which serves as a healthcare boarding pass, granting patients access to clinics for in-person assessments or lab tests. Founded in 2008 and headquartered in Minneapolis, Minnesota, Zipnosis collaborates with strategic partners to advance its mission of delivering accessible and efficient healthcare solutions.

RubiconMD

Series B in 2018
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

Common Sensing

Series A in 2018
Common Sensing, Inc. is a Cambridge, Massachusetts-based company that develops and manufactures innovative hardware and software solutions for individuals using injectable medications, particularly in diabetes management. The company's flagship product, Gocap, is a smart cap designed to transform standard injector pens into smart injectors, enabling enhanced connectivity and data tracking. Gocap features include dose logging, temperature monitoring, reminders, and alerts, along with a companion app that provides insights into insulin effects, glucose levels, and meal entries. By integrating these technologies, Common Sensing aims to improve patient education and communication while offering valuable decision support for healthcare providers. Founded in 2012, the company combines expertise from a team of skilled designers and engineers to advance healthcare solutions.

HealthiPASS

Series A in 2017
Health iPASS is redefining the patient revenue cycle by improving the patient experience from appointment to payment. Health iPASS helps providers promote price transparency, build trust, and increase their operating income by simplifying the check-in process and streamlining both time-of-service and residual balance patient payments through an innovative, multi-channel software solution. Our patient friendly system supports 850+ payers, 90+ practice management systems and is payment processor-agnostic. Many providers have realized 90-95% patient net collection rates, slashed denials by over 50%, and have significantly reduced cost and time to collect.

Carta Healthcare

Seed Round in 2017
Carta Healthcare, Inc. is a technology company that has developed a software-as-a-service platform to enhance the patient journey within hospitals by utilizing data from existing IT systems. Founded in 2016 and headquartered in San Mateo, California, Carta's platform aims to personalize care by identifying past patients with similar profiles and analyzing their experiences. By employing machine learning, the platform predicts potential bottlenecks, alerts facilities about recovery bed shortages, and forecasts the needs and expectations of current patients. Additionally, Carta combines artificial intelligence with skilled human expertise to improve the efficiency and quality of healthcare data management, ultimately enabling health systems to achieve more effective data abstraction.
Ambient Clinical Analytics is the creator of a software platform designed for data assimilation, communication and analytics. It is based on decision support tools initially deployed in the intensive care unit (ICU) or emergency department of hospitals. Our software consists of algorithms that mine data from electronic medical records (EMR). It then presents that data to the physicians and nurses so they may facilitate real-time clinical decision making and care delivery. These products are positioned as add on applications that are designed to easily integrate with the current major EMR providers.

Hale

Venture Round in 2017
Hale Health Inc. operates a remote care platform designed to connect clinical teams with patients beyond traditional office visits. Established in 2013 and based in San Francisco, California, the platform allows patients to access their medical histories, review treatment plans, and engage with health education materials. It facilitates communication through features such as live video visits, secure messaging, and the sharing of photos and questionnaires, thereby enhancing the patient experience. The application is compatible with iOS devices, enabling health systems and practices to increase capacity and improve access to care while streamlining workflow and productivity. Hale Health's solutions aim to expand healthcare delivery beyond clinic walls, ultimately aiming to enhance patient outcomes.

Madaket

Venture Round in 2017
Madaket, Inc. is a Cambridge, Massachusetts-based company that develops software-as-a-service (SaaS) solutions for the healthcare sector. The company specializes in automating healthcare enrollment processes, facilitating connections between healthcare providers and payers to streamline administrative tasks. Madaket has established exclusive partnerships with TriZetto Provider Solutions and HealthStream, enabling it to support a vast network of over 300,000 providers currently using its services, with an additional 325,000 providers under contract for future integration. Founded in 2012 by Mads Kvalsvik, Scott Soderstrom, Jim Dougherty, and Ted Achtem, Madaket aims to enhance efficiency and accuracy in the healthcare enrollment process.

RubiconMD

Series A in 2016
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

NeueHealth

Series A in 2016
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Zipnosis

Series A in 2016
Zipnosis, Inc. operates a virtual healthcare platform that connects patients with clinicians through phone and video interviews. The company specializes in online diagnosis, triage, and telehealth, providing device-agnostic virtual care that enhances patient choice and convenience while improving efficiency for healthcare providers. In addition to virtual consultations, Zipnosis offers a ZipTicket, which serves as a healthcare boarding pass, granting patients access to clinics for in-person assessments or lab tests. Founded in 2008 and headquartered in Minneapolis, Minnesota, Zipnosis collaborates with strategic partners to advance its mission of delivering accessible and efficient healthcare solutions.

Amwell

Venture Round in 2015
Amwell is a telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell believes that digital care delivery will transform healthcare. The company offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 240 health systems comprised of 2,000 hospitals and 55 health plan partners with over 36,000 employers, reaching over 150 million lives. Amwell was founded in 2006 and is headquartered in Boston, Massachusetts.

1DocWay

Seed Round in 2015
1DocWay is an online doctor's office. Rural, elderly, disabled and busy patients can schedule appointments online and see their doctor through our secure videochat platform. As a result, physicians increase scheduling flexibility and revenue opportunities by expanding their patient base, increasing reimbursement rates and replacing phone calls (not reimbursed)

RubiconMD

Seed Round in 2014
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

Wellframe

Series A in 2014
Wellframe is a hospital and healthcare it provides a digital health management solutions that include care management support, digital concierge solutions, and transformation services. It helps healthcare organizations by providing solutions that enable them to support people longitudinally between traditional clinical interactions. The company was founded in 2011 and headquartered in Boston, Massachusetts, United States.
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