Health Velocity Capital

Health Velocity Capital is a San Francisco-based private equity and venture capital firm founded in 2016. The firm specializes in growth-stage investments within the healthcare software and services sectors in the United States. It aims to serve as a preferred innovation partner for entrepreneurs and investors who are committed to creating a high-quality, customer-friendly, affordable, and sustainable healthcare system. As a Registered Investment Adviser, Health Velocity Capital focuses on fostering advancements in healthcare to meet evolving market needs.

Saurabh Bhansali

Co-Founder and Partner

Grant Blevins

Partner

Bruce Crosby

Co-Founder and Managing Partner

Martin Felsenthal

Co-Founder and Partner

Jordan Feyko

Vice President

Ken Goodhue

Vice President

Kristin Mowat

Partner and Strategic Networks

William Tan

Senior Associate

20 past transactions

Greater Good Health

Series A in 2022
Greater Good Health is a healthcare organization dedicated to enhancing access to primary care through a holistic, value-based approach. The company operates a nurse practitioner-powered platform that focuses on empowering nurse practitioners (NPs) by providing them with a comprehensive suite of resources, including a digital community, an education portal, and wellness resources aimed at preventing burnout. Greater Good Health also develops its own primary care clinics and offers technology tools for scheduling, analytics, and point-of-care support. By equipping NPs with these tools and resources, the organization enables them to manage complex patient populations effectively, ultimately improving health outcomes and reducing costs for customers.

Compass Surgical Partners

Venture Round in 2022
Operator of ambulatory surgery centers intended to provide surgeons with a conducive environment to perform operations. The company manages independent surgery centers for outpatient orthopedic and spine, surgeries and provides consultation to surgeons and patients, enabling patients to receive the proper care of treatment.

Rialtic

Series A in 2022
Operator of an open marketplace enterprise platform intended to equip and enable payers to achieve accurate payments in the healthcare field. The company's platform offers a reference source repository, curated content, and payment accuracy technology, enabling users to reduce costs across the total cost for payment accuracy, find it easier to keep up with changes, and innovate new concepts.

Prolucent

Series A in 2021
Provider of healthcare workforce services intended to align labor needs with data-driven decision-making. The company's platform uses artificial intelligence and advanced analytics to modernize and improve the recruitment, utilization and cost of healthcare labor, enabling employers to manage the quality and cost of their workforce from full-time recruitment to contingent workforce management while engaging healthcare workers to find opportunities.

Clever Care Health Plan

Series B in 2021
Clever Care Health Plan, Inc. provides healthcare insurance plans to members that connect the benefits of Eastern and Western medicine. It offers plans for acupuncture, herbal remedies, and exercises, such as tai chi and qi gong; and treatments, including cupping and moxibustion. The company sells its products through brokers and sales agents. Clever Care Health Plan, Inc. was incorporated in 2018 and is headquartered in Westminster, California with an additional office in Arcadia, California.

IVX Health

Series F in 2021
IVX Health (IVXpress, Inc.) is a leading provider of infusion and injection therapy for those with complex chronic conditions such as rheumatoid arthritis, Crohn's disease, multiple sclerosis and other conditions. IVX Health centers are conveniently located in the communities where patients live and offer flexible scheduling, including evenings and weekends. Patients relax in their own private suite, equipped with high-speed Wi-Fi, a flat screen TV, and comfortable recliners with room for guests. IVX Health centers operate under the name and brand Infusion Express in Kansas City, Philadelphia, Chicago, and San Francisco.

Hospital IQ

Series C in 2021
Hospital IQ LLC specializes in developing cloud-based software aimed at enhancing operational efficiency in hospitals. The company offers a predictive analytics platform that optimizes surgical scheduling, inpatient capacity, and discharge processes while reducing wait times and length of stay. By combining artificial intelligence, machine learning, and advanced data analytics, the platform provides hospital administrators and clinical department heads with actionable insights to improve decision-making and resource allocation. Hospital IQ's solutions are designed to streamline operations, improve patient flow, and ultimately enhance clinical outcomes and financial performance. Founded in 2013 and based in Newton, Massachusetts, Hospital IQ collaborates with leading healthcare institutions to address operational challenges and support quality improvement initiatives.

Octave

Series B in 2021
Octave Health Group Inc. is a behavioral health provider based in New York that focuses on addressing the mental health needs of young urban professionals. Established in 2017, Octave offers therapy and coaching for a wide range of clinical conditions, including anxiety, depression, trauma, and relationship issues, as well as general emotional well-being concerns such as stress management and self-esteem. The company aims to create a proactive approach to emotional health, akin to the emphasis placed on physical fitness. Its services are designed to be easily integrated into clients' lives and are delivered by a team of experienced psychologists, therapists, and coaches. Octave's innovative model emphasizes accessibility and sustainability, setting a new standard for mental health care through comprehensive and personalized support tailored to individual client needs.

Array Behavioral Care

Series B in 2021
Provider of telepsychiatry services to transform access to quality behavioral health care through innovative applications of technology. The company's services include assessment, screening, diagnosis, consultations and medication management which can be implemented and executed in various possible settings, enabling hospitals to provide convenient, affordable and readily accessible mental health services to their patients.

Artera

Series C in 2020
Artera operates a communication platform tailored for the healthcare industry, facilitating connections between patients and healthcare organizations through various channels, including text, email, phone, and live chat. The platform enables two-way text conversations using existing office phone numbers, enhancing the patient experience and streamlining communications for healthcare practices. Designed for ease of use, Artera's solutions integrate information technology, operations, and revenue cycle management to improve overall patient engagement. Founded in 2015 and headquartered in Santa Barbara, California, Artera aims to simplify the process of accessing healthcare, making it as straightforward as meeting a friend. The platform is compatible with multiple devices, including iOS, Windows, Mac, and Android, ensuring accessibility for both patients and healthcare providers.

Lemonaid Health

Series B in 2020
Lemonaid Health focuses on changing the patient experience and improving and optimizing clinical care through the advancements in machine learning and AI. It leverages evidence-based guidelines and the most up-to-date clinical protocols to offer a service direct to consumers for less than typical co-pays. It was founded in 2013 and is headquartered in San Francisco, California.

HealthJoy

Series C in 2020
HealthJoy, LLC operates an innovative online healthcare decision platform aimed at helping consumers minimize out-of-pocket expenses through informed choices. Founded in 2014 and based in Chicago, Illinois, HealthJoy integrates existing employee benefits into a personalized digital wallet, enhancing engagement and understanding of healthcare options. By utilizing advanced artificial intelligence and virtual assistants, the platform guides users toward cost-effective care and provides access to a range of services, including online medical consultations, healthcare concierges, and prescription savings. This approach not only improves employee satisfaction but also enables organizations to contain costs and reduce HR inquiries, ultimately promoting educated healthcare shopping and simplifying the overall healthcare experience.

Zipari

Series B in 2020
Zipari, Inc. is a Brooklyn-based company that specializes in developing cloud-based consumer experience technology tailored for the health insurance industry. The company offers a range of applications designed to improve customer engagement and satisfaction. One of its primary products is Square, an online solution that facilitates a private exchange shopping experience for consumers, enabling them to purchase and enroll in various health insurance benefits directly through the insurer's website. Additionally, Zipari provides carrier-branded tools, including a customer relationship management system and a group shopping exchange aimed at employers and employees. Its InsureCX platform integrates with major CRM solutions, enhancing workflow management within healthcare organizations to boost customer acquisition and retention. Zipari also features Scout, a customer experience engine that automates communications, and the Comprehensive Sales Experience solution, which assists insurers in optimizing their acquisition strategies. The company aims to transform revenue growth, improve member experience, and streamline operational processes for health plans. Incorporated in 2014, Zipari is committed to advancing the consumer experience in the healthcare sector.

Zipari

Series B in 2020
Zipari, Inc. is a Brooklyn-based company that specializes in developing cloud-based consumer experience technology tailored for the health insurance industry. The company offers a range of applications designed to improve customer engagement and satisfaction. One of its primary products is Square, an online solution that facilitates a private exchange shopping experience for consumers, enabling them to purchase and enroll in various health insurance benefits directly through the insurer's website. Additionally, Zipari provides carrier-branded tools, including a customer relationship management system and a group shopping exchange aimed at employers and employees. Its InsureCX platform integrates with major CRM solutions, enhancing workflow management within healthcare organizations to boost customer acquisition and retention. Zipari also features Scout, a customer experience engine that automates communications, and the Comprehensive Sales Experience solution, which assists insurers in optimizing their acquisition strategies. The company aims to transform revenue growth, improve member experience, and streamline operational processes for health plans. Incorporated in 2014, Zipari is committed to advancing the consumer experience in the healthcare sector.

Contessa

Series D in 2019
Contessa Health, Inc., based in Nashville, Tennessee, specializes in home hospitalization programs designed to enhance patient care while managing episodic risk. The company is recognized as a pioneer in Home Recovery Care, a risk-based model that integrates essential components of inpatient hospital care within patients' homes. Contessa employs a proprietary health informatics platform to support this model, ensuring that care is safe, affordable, and effective in improving patient outcomes. Additionally, Contessa offers solutions such as ContessaCare, which empowers healthcare providers to deliver hospital-level care at home, and ContradoClaim, a claims analytics tool that assists partners in managing prospective payments. The company also provides bundled payment managed services, enabling health plans and systems to optimize their care delivery without the need for hospital admissions. Contessa Health was founded in 2015 and continues to lead innovations in home-based healthcare.

IVX Health

Series C in 2019
IVX Health (IVXpress, Inc.) is a leading provider of infusion and injection therapy for those with complex chronic conditions such as rheumatoid arthritis, Crohn's disease, multiple sclerosis and other conditions. IVX Health centers are conveniently located in the communities where patients live and offer flexible scheduling, including evenings and weekends. Patients relax in their own private suite, equipped with high-speed Wi-Fi, a flat screen TV, and comfortable recliners with room for guests. IVX Health centers operate under the name and brand Infusion Express in Kansas City, Philadelphia, Chicago, and San Francisco.

Jvion

Private Equity Round in 2019
Jvion, Inc. is a healthcare technology company based in Johns Creek, Georgia, that specializes in software solutions designed to predict and prevent diseases at the patient level, as well as mitigate financial losses for healthcare providers. Its flagship product, RevEgis, utilizes big data and machine learning to provide predictive analytics that assist hospitals, accountable care organizations, and integrated delivery networks in enhancing patient outcomes and protecting revenue. The software can forecast various healthcare challenges, including clinical waste, disease progression, infection control, readmissions, and avoidable emergency room visits. Additionally, Jvion's AI-enabled prescriptive analytics identifies high-risk patients and recommends effective interventions, thereby streamlining clinical actions and reducing overall healthcare costs. Founded in 2011, Jvion continues to innovate in the realm of healthcare analytics.

MDLive

Venture Round in 2018
Founded in 2006, MDLive is a telehealth provider that offers online and on-demand healthcare services. The company connects patients with board-certified doctors through phone, video, and mobile applications, facilitating access to medical care without the need for in-person visits. Its cloud-based platform allows healthcare professionals and institutions to conduct virtual consultations, helping to ensure safe and efficient patient care while reducing the costs associated with emergency room and urgent care visits for non-emergency issues. MDLive serves a diverse range of clients, including hospitals, employers, payers, and physician practice groups, thereby enhancing the overall healthcare delivery system.

Contessa

Series C in 2018
Contessa Health, Inc., based in Nashville, Tennessee, specializes in home hospitalization programs designed to enhance patient care while managing episodic risk. The company is recognized as a pioneer in Home Recovery Care, a risk-based model that integrates essential components of inpatient hospital care within patients' homes. Contessa employs a proprietary health informatics platform to support this model, ensuring that care is safe, affordable, and effective in improving patient outcomes. Additionally, Contessa offers solutions such as ContessaCare, which empowers healthcare providers to deliver hospital-level care at home, and ContradoClaim, a claims analytics tool that assists partners in managing prospective payments. The company also provides bundled payment managed services, enabling health plans and systems to optimize their care delivery without the need for hospital admissions. Contessa Health was founded in 2015 and continues to lead innovations in home-based healthcare.

OnShift

Series D in 2016
OnShift provides cloud-based human capital management software and proactive services tailored for the healthcare sector, specifically focusing on post-acute and long-term care facilities. The company's platform addresses workforce challenges by offering solutions for hiring, scheduling, employee engagement, and talent acquisition. With features such as workforce analytics and customer success management, OnShift empowers organizations to enhance productivity and profitability while ensuring consistent staffing and quality care. Its intuitive design and use of predictive analytics have made it a trusted choice for numerous senior living and post-acute care organizations seeking to optimize their workforce management.
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