Health Velocity Capital

Health Velocity Capital is a San Francisco-based private equity firm established in 2016, focusing on growth-stage investments in healthcare software and services companies throughout the United States. The firm aims to serve as a preferred innovation partner for entrepreneurs and investors, collaborating to enhance the quality, affordability, and sustainability of healthcare systems. By targeting companies that align with these goals, Health Velocity Capital seeks to drive advancements in the healthcare sector, ultimately benefiting both consumers and providers.

Saurabh Bhansali

Partner

Grant Blevins

Principal

Bruce Crosby

Partner

Martin Felsenthal

Partner

Jordan Feyko

vice_president

Ken Goodhue

Director

Kristin Mowat

Partner

William Tan

Associate

19 past transactions

Greater Good Health

Series A in 2022
Greater Good Health is a healthcare organization committed to expanding access to primary care by redefining holistic whole-person value-based care. In addition to developing its own comprehensive primary care clinics, Greater Good Health's innovative nurse practitioner centered clinical model provides solutions to help healthcare organizations manage complex patient populations. Focused on empowering NPs, the company provides NPs access to a broad digital community, an education portal, including the Greater Good Institute, technology tools to enhance scheduling, analytics, and point-of- care tools, as well wellness resources to help prevent burnout

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.

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 is the leading predictive analytics platform applying proven operations research to improve hospital operational efficiency and patient quality through smarter data-driven decision making. The company works with a number of leading institutions including Brigham and Women’s Hospital to systematically optimize capacity, schedules, and staffing. Hospital IQ’s automated reporting, modeling, and prediction tools are used to improve utilization and throughput across a hospital or hospital network. Hospital IQ was founded by a veteran team of operations management and software engineers, in consultation with leading industry experts, driven by a mission to apply operations research principles to improve hospital efficiency.

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.

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 is a first-of-its-kind benefits experience platform helping companies save money while improving employee satisfaction. Through personalized guidance and AI technology, we empower employees to better use and understand their benefits. The result is happier employees, increased cost containment, and fewer questions for HR. HealthJoy integrates a client’s existing benefits to deliver each employee a personalized digital benefits wallet that keeps benefits top-of-mind. Employees also gain on-demand access to online medical consultations, live healthcare concierges, Rx savings, and much more. HealthJoy empowers employees to become educated healthcare shoppers and fundamentally changing the dynamics of healthcare.

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 is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

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 helps healthcare systems and providers prevent harm and lower costs through its AI-enabled prescriptive analytics solution. An industry first, the Jvion Machine goes beyond simple predictive analytics to identify patients on a trajectory to becoming high risk and for whom intervention will likely be successful. It determines the interventions that will effectively reduce risk and enable clinical action, and it accelerates time to value by leveraging established patient-level intelligence. Jvion was founded in 2011 and is headquartered in Johns Creek, Georgia.

MDLIVE

Venture Round in 2018
Founded in 2006, MDLIVE, formerly MDLiveCare, is a telehealth provider of online and on-demand healthcare delivery services and software that benefit patients, hospitals, employers, payers, physician practice groups, and accountable care organizations.

Contessa

Series C in 2018
Contessa is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

OnShift

Series D in 2016
OnShift delivers cloud-based human capital management software and proactive services to solve everyday workforce challenges in healthcare. Our suite of products for hiring, scheduling and employee engagement drives quality care, lower costs and higher performance by empowering providers to staff consistently and efficiently. Intuitive design, predictive analytics and customer success management are why thousands of post-acute care and senior living organizations rely on OnShift.