Frist Cressey Ventures

Frist Cressey Ventures, LLC is a venture capital firm established in 2015 and based in Nashville, Tennessee. The firm specializes in investing in early and growth stage companies within the healthcare sector. It focuses on accelerating the development of high-potential healthcare enterprises by forming value-added partnerships. Frist Cressey Ventures seeks to invest in technology and service businesses that offer viable solutions aimed at enhancing the quality of care, improving system integration, and advancing patient outcomes and population health. The firm collaborates with entrepreneurs who share similar core values and are committed to transforming the healthcare landscape.

Christopher Booker

Partner

Navid Farzad

Partner

Riley Macdonald

Senior Associate

Matt Schappell

Senior Associate

William Trapnell

Associate

Caroline Young

VP of Partnership Development

Past deals in Health Care

SpectrumAi

Seed Round in 2022
SpectrumAi is a digital health company focused on enhancing Autism care by increasing access to high-quality Applied Behavior Analysis (ABA) therapy for children globally. The company collaborates with clinical leaders in ABA therapy, parents, and payers to modernize treatment approaches. SpectrumAi's healthcare technology offers objective data and meaningful insights, providing actionable guidance that empowers patients to work towards independent living, meaningful relationships, lifelong vocation, and self-advocacy. Through its innovative solutions, SpectrumAi aims to provide alternatives for life-changing therapies, ultimately improving outcomes for individuals on the autism spectrum.

Hint Health

Series B in 2022
Hint Health Inc. develops a membership management platform for direct care providers. Its platform comprises tools that streamline membership administration and billing for providers and their patient, employer, and health plan clients. The company's offers plans such as essentials, plus, pro, and enterprise. The company was incorporated in 2013 and is headquartered in San Francisco, California.

Bicycle Health

Series B in 2022
Bicycle Health is a virtual addiction medicine clinic that helps treat opioid dependence or use disorder. Addiction medicine specialists on the Bicycle Health platform will treat patients and works with the patient's insurance to get reimbursed for their services. The telemedicine-based company uses an interesting model to become an addiction medicine resource that physicians leverage for their patients while maintaining and strengthening their relationship with their patients. Ankit Gupta established it in San Francisco, California in 2017.

Lynx

Series A in 2022
Lynx is a fintech healthcare company that focuses on integrating financial solutions with healthcare services. Its API-connected platform facilitates healthcare payments, banking, and e-commerce, allowing businesses to offer tailored health-fintech solutions. By bridging the gap between health and finances, Lynx aims to enhance affordability, drive health engagement, and improve financial security for consumers. The company's technology infrastructure empowers partners to provide a seamless consumer experience, ultimately helping healthcare professionals improve patient outcomes and reduce administrative inefficiencies.

Memora Health

Venture Round in 2022
Memora Health Inc. is a San Francisco-based company founded in 2016 that specializes in enterprise healthcare productivity software focused on automating outpatient communication. The company addresses the challenges faced by healthcare organizations that invest significant time and resources in phone follow-ups with patients. By providing a solution that automates various aspects of patient interaction, including follow-ups, instructions, health coaching, and the collection of patient-reported outcomes, Memora Health enhances operational efficiency and improves patient engagement through the use of text messaging.

DexCare

Series B in 2022
DexCare is a provider of Platform-as-a-Service offering to manage health system capacity and demand across all lines of care. The company enables health systems to evolve their traditional, one-to-one, patient-to-provider relationships and transform into a highly scalable digital experience for their patients— increasing revenue from new, digital-first patients while minimizing new patient acquisition costs. DexCare was founded in 2021 and is headquartered in Seattle, WA.

Oshi Health

Series A in 2021
Oshi Health is a virtual gastroenterology (GI) clinic that diagnoses, treats and remotely monitors digestive (GI) conditions. Patients work with Oshi Health's integrated care team of gastroenterologists and GI-specialized nurse practitioners, registered dietitians, behavioral psychologists and health coaches to determine the root causes of their symptoms and use a personalized care plan that includes medication, dietary interventions and stress/anxiety reduction to get symptoms under control. This yields improved health outcomes, quality of life, satisfaction with care and workplace productivity while reducing overall healthcare cost.

Devoted Health

Series D in 2021
Devoted Health is a new healthcare company serving seniors. Aiming to launch Medicare Advantage plans in 2019, their mission is to build a healthcare solution good enough for Mom. They will be devoted to the health and wellness of their members by helping them navigate the health care system with personal guides, by utilizing world-class technology to enable a simplified experience, and by partnering with top providers for better health outcomes.

Thyme Care

Series A in 2021
Thyme Care is a Nashville TN-based provider of oncology care management solutions.

Monogram Health

Series B in 2021
Monogram Health, Inc. is a Nashville-based company that specializes in kidney care services for patients with chronic kidney disease. Founded in 2019, it offers a range of services aimed at managing kidney disease progression, dialysis, and pre-emptive kidney transplants. The company focuses on optimizing health outcomes for patients undergoing dialysis. Monogram Health emphasizes a personalized approach to care, tailoring each patient's plan to align with their specific health goals and social determinants of health. By partnering with health plans and other healthcare sponsors, Monogram Health facilitates collaboration among patients, their support systems, and healthcare providers to achieve improved health outcomes.

Main Street Health

Series A in 2021
Main Street Health is a value-based healthcare provider dedicated solely to rural America. The company was founded in 2021 and is headquartered in Nashville, Tennessee.

Vim

Series B in 2021
Vim, Inc. develops a healthcare platform to provide online services that helps patients and healthcare providers find, schedule, and receive care from doctors and specialists. It provides online booking solutions and referral coordination. The company was founded in 2015 and is based in San Francisco, California.

DexCare

Series A in 2021
DexCare is a provider of Platform-as-a-Service offering to manage health system capacity and demand across all lines of care. The company enables health systems to evolve their traditional, one-to-one, patient-to-provider relationships and transform into a highly scalable digital experience for their patients— increasing revenue from new, digital-first patients while minimizing new patient acquisition costs. DexCare was founded in 2021 and is headquartered in Seattle, WA.

Audacious Inquiry

Venture Round in 2020
Audacious Inquiry, LLC is a healthcare information technology and policy consulting firm founded in 2004 and headquartered in Baltimore, Maryland. The company specializes in providing innovative solutions that enhance the sharing, management, and protection of health information. Its offerings include health information systems, master data management tools, web applications, and analytical services, as well as consulting on government and health policy. The Encounter Notification Service (ENS) is one of its key products, delivering real-time notifications of hospital admissions, discharges, and transfers to healthcare stakeholders, thereby improving clinical outcomes and supporting population health initiatives. Audacious Inquiry supports a diverse clientele, including healthcare policy organizations, health information exchanges, provider organizations, and both government and private payers. The firm has established itself as a leader in health information exchange standards and continues to drive advancements in healthcare delivery through its comprehensive technology and policy solutions.

Ready

Series C in 2020
Ready Responders was founded in 2016 with the mission of giving patients direct access to healthcare professionals in their homes and giving Responders the opportunity to provide care in their communities. Responders travel to patients’ homes to address their physical, mental, and social health needs, utilizing technology to connect with an advanced medical or behavioral health provider, and connecting them with external resources and relationships for ongoing, sustained support. With Ready Responders, patients now have access to quality whole-person care in their homes, 16 hours a day, 365 days a year, and talented individuals are provided the opportunity to work with a rapidly growing, mission-driven company. They are in-network with most major insurance companies in the markets they serve. Ready Responders is backed by leading venture capital firms, including Google Ventures, Founders Fund, Rise of the Rest, and City Lights Capital.

Klara

Series A in 2020
Klara’s end-to-end patient engagement platform enables healthcare organizations to easily communicate with patients, provide virtual care, collaborate as a team, and automate many front-desk tasks. Thousands of healthcare teams across more than 40 specialties use Klara to make their workflows more efficient, deliver an exceptional patient experience across the entire care journey, and grow their patient volume.

Monogram Health

Series A in 2020
Monogram Health, Inc. is a Nashville-based company that specializes in kidney care services for patients with chronic kidney disease. Founded in 2019, it offers a range of services aimed at managing kidney disease progression, dialysis, and pre-emptive kidney transplants. The company focuses on optimizing health outcomes for patients undergoing dialysis. Monogram Health emphasizes a personalized approach to care, tailoring each patient's plan to align with their specific health goals and social determinants of health. By partnering with health plans and other healthcare sponsors, Monogram Health facilitates collaboration among patients, their support systems, and healthcare providers to achieve improved health outcomes.

Ready

Series B in 2020
Ready Responders was founded in 2016 with the mission of giving patients direct access to healthcare professionals in their homes and giving Responders the opportunity to provide care in their communities. Responders travel to patients’ homes to address their physical, mental, and social health needs, utilizing technology to connect with an advanced medical or behavioral health provider, and connecting them with external resources and relationships for ongoing, sustained support. With Ready Responders, patients now have access to quality whole-person care in their homes, 16 hours a day, 365 days a year, and talented individuals are provided the opportunity to work with a rapidly growing, mission-driven company. They are in-network with most major insurance companies in the markets they serve. Ready Responders is backed by leading venture capital firms, including Google Ventures, Founders Fund, Rise of the Rest, and City Lights Capital.

Stratasan

Venture Round in 2019
Stratasan, LLC specializes in providing market intelligence to hospitals and healthcare systems through its software and services. Based in Nashville, Tennessee, the company offers an analytical platform featuring applications such as Blackbird, a data query engine that delivers insights, and Canvas, a customizable report delivery system that provides financial analysis and market projections for various healthcare volumes. Additionally, Stratasan provides a suite of software solutions known as Pathways, which grants access to actionable intelligence. Founded in 2010 and formerly known as Health Data Source LLC, Stratasan focuses on enabling healthcare organizations to make informed decisions to enhance strategic growth, covering areas such as strategic planning, marketing, physician relations, and mergers and acquisitions.

Monogram Health

Series A in 2019
Monogram Health, Inc. is a Nashville-based company that specializes in kidney care services for patients with chronic kidney disease. Founded in 2019, it offers a range of services aimed at managing kidney disease progression, dialysis, and pre-emptive kidney transplants. The company focuses on optimizing health outcomes for patients undergoing dialysis. Monogram Health emphasizes a personalized approach to care, tailoring each patient's plan to align with their specific health goals and social determinants of health. By partnering with health plans and other healthcare sponsors, Monogram Health facilitates collaboration among patients, their support systems, and healthcare providers to achieve improved health outcomes.

Regroup Therapy

Series B in 2018
Regroup provides telemedicine solutions to eradicate mental healthcare shortages across the USA. The company's services protect the privacy of patients and the confidentiality of personal health information with the help of an end-to-end encryption thus improving access to mental health care, enabling patients to overcome geographic distances, restrictions on their mobility, transportation difficulties and the time and cost burdens associated with traveling to see a healthcare professional in person.

180 Health Partners

Series B in 2018
180 Health Partners, Inc. specializes in addressing substance use and behavioral health challenges, particularly among expecting mothers. The company offers two main programs: The 180 Way, which combines personalized interdisciplinary treatment with a supportive ecosystem, and StrongWell, aimed at helping pregnant women overcome addiction to ensure the delivery of healthy babies. By facilitating multi-modal care coordination, 180 Health Partners connects opioid-addicted mothers with healthcare providers, allowing them to receive medical assistance in various settings, including their homes or preferred locations. Founded in 2016 and based in Franklin, Tennessee, the organization focuses on improving maternal health outcomes through accessible and comprehensive healthcare support.

Relode

Seed Round in 2016
Relode is one platform that works equally well for employers, employees, and ultimately the patients they care for. Relode is a community-based online platform for healthcare professionals to easily match jobs and candidates. It allows healthcare professionals to refer friends or directly apply for great jobs and be rewarded. It was founded in 2014 and is headquartered in Nashville, Tennessee.

180 Health Partners

Series A in 2016
180 Health Partners, Inc. specializes in addressing substance use and behavioral health challenges, particularly among expecting mothers. The company offers two main programs: The 180 Way, which combines personalized interdisciplinary treatment with a supportive ecosystem, and StrongWell, aimed at helping pregnant women overcome addiction to ensure the delivery of healthy babies. By facilitating multi-modal care coordination, 180 Health Partners connects opioid-addicted mothers with healthcare providers, allowing them to receive medical assistance in various settings, including their homes or preferred locations. Founded in 2016 and based in Franklin, Tennessee, the organization focuses on improving maternal health outcomes through accessible and comprehensive healthcare support.

Aspire Health

Series D in 2016
Aspire Health is a new healthcare company that specializes in providing an extra layer of support to patients facing a serious illness. The company's clinicians are experts in providing patients with relief from the symptoms, pain, and stress of a serious illness, helping patients and caregivers navigate the healthcare system; guiding patients and caregivers through difficult and complex treatment choices, and providing emotional and spiritual support to patients and their families. The company's practice in each market provides disease management and care coordination across many settings including outpatient clinics, patients’ homes, and assisted living centers. It was established in 2012 and is based in Nashville, Tennessee, United States.

Valify

Series A in 2016
Valify, Inc. is a technology company that specializes in providing a web-based solution designed for healthcare organizations to identify, benchmark, and track savings in purchased services across over 1,200 categories. Founded in 2014 and headquartered in Frisco, Texas, Valify enables users to mitigate financial risk and enhance operational efficiency by comparing spending against a regularly updated database of peer institutions. This solution aids in evaluating financial performance and preparing for vendor negotiations. Valify serves more than 600 health systems nationwide and has facilitated over $100 million in savings for its clients. The company's contributions to supply chain execution have garnered recognition, including being named a “Cool Vendor” by Gartner in 2017. As of January 2020, Valify operates as a subsidiary of HCA Healthcare, Inc.