HLM Venture Partners

HLM Venture Partners is a Boston-based private equity firm established in 1983, specializing in early-stage investments within the healthcare and technology sectors. With a strong track record, the firm has supported over 60 privately held healthcare companies, providing them with vital expertise, resources, and a commitment to fostering growth. HLM Venture Partners is recognized for its integrity and reputation, making it a valuable partner for emerging healthcare companies seeking to turn innovative ideas into successful market-leading businesses.

Edward L. Cahill

Partner

Howard Cox

Special Limited Partner of Greylock Partners

Vin Fabiani

Partner

Vincent J. Fabiani

Partner

Peter Grua

Partner

Enrico Picozza

Partner

Steven F. Tolle

Partner

Michael Wong

CFO and Chief Compliance Officer

146 past transactions

InnovaCare Health

Venture Round in 2019
InnovaCare Health Solutions, LLC provides managed care services, health plans, and physician network services. It offers Medicare plans and physician practice services; and contracting, member management, and other services. The company serves payers, hospitals, physician groups, and other providers. InnovaCare Health Solutions, LLC was founded in 1998 and is headquartered in Fort Lee, New Jersey.

Linkwell Health

Venture Round in 2010
Linkwell Health is a consumer engagement company that inspires healthier choices through a unique combination of print and digital content and coupons. Linkwell's products inform and motivate millions of health plan members to make better choices, incentivizing the purchase of healthier products and brands at top retailers. Research proves that consumer willingness to try healthier brands increases when Linkwell content is paired with coupons. As the healthcare industry adjusts to increasingly complex change, Linkwell Health enriches member experience while helping consumers improve their health and wellbeing through smarter purchases.

Tandem Diabetes Care

Series D in 2012
Tandem Diabetes Care, Inc. develops medical devices for the treatment of diabetes. It offers diabetic insulin pumps for adults and children to diabetes needs, including keeping blood glucose levels within target ranges. The company focuses on insulin infusion therapy. Tandem Diabetes Care, Inc. was incorporated in 2006 and is based in San Diego, California.

Valeritas

Series A in 2008
On June 30, 2020, Valeritas Holdings, Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. Valeritas Holdings, Inc., a commercial-stage medical technology company, focuses on the development and commercialization of technologies to treat patients with Type 2 diabetes in the United States. The company offers V-Go, a wearable insulin delivery device for basal-bolus therapy. It also develops V-Go Prefill that is in the design-development stage for eliminating the device-filling process and the need for EZ fill refrigeration for patients with Type 2 diabetes; and V-Go SIM for real-time tracking information of basal and bolus dosing utilization. The company sells V-Go to third-party wholesalers and medical supply distributors. Valeritas Holdings, Inc. was founded in 2006 and is headquartered in Bridgewater, New Jersey.

PrivaPath Diagnostics Limited

Private Placement in 2020
PrivaPath Diagnostics Limited, doing business as LetsGetChecked, owns and operates a technology platform that connects customers to laboratories. It offers LetsGetChecked, a technology platform that enables customers to order, manage, and track their clinical outcomes. The company’s portal is used for receiving results of men's, wellness, women's, and sexual health tests. PrivaPath Diagnostics Limited was founded in 2014 and is based in Dun Laoghaire, Ireland. It has locations in New York, New York; and Toronto, Canada.

MedVentive

Series D in 2011
MedVentive provides leading-edge technology solutions that enable physician groups, integrated delivery systems, health plans and self-insured employers to effect meaningful and measurable change in the quality and cost of the care they deliver to patients. Founded in 1997 by physicians, MedVentive has been at the forefront of the development of innovative and clinically sophisticated solutions to reduce healthcare costs and improve healthcare quality.

PatientPop

Private Placement in 2020
PatientPop, Inc. operates a practice growth platform that delivers measurable improvements for medical providers. Its products include website, search engine optimization, social media and advertising, online advertising, online scheduling, appointment reminders, practice growth dashboard, reputation management, patient reviews, patient satisfaction surveys, and EMR and EHR integration. The company was founded in 2014 and is based in Santa Monica, California.

Cord Blood Registry

Venture Round in 2002
Since the company’s founding, Cord Blood Registry® (CBR®) has led the industry in technical innovations and provided families with access to current treatments and experimental stem cell therapies for conditions that have no cure. Cord Blood Registry (CBR) is the world’s largest newborn stem cell company. Founded in 1992, CBR is entrusted by parents with storing samples from more than 500,000 children. CBR is dedicated to advancing the clinical application of cord blood and cord tissue stem cells by partnering with institutions to establish FDA-regulated clinical trials for conditions that have no cure today. CBR has helped more than 300 families use their cord blood stem cells for established and experimental medical treatments, more than any other family cord blood bank. CBR’s goal is to expand the potential scope of newborn stem cell therapies that may be available to patients and their families. Cord Blood Registry is headquartered in San Bruno, California. CBR’s owned 80,000 square foot laboratory is located in Tucson, Arizona. Cord Blood Registry is a registered trademark of CBR Systems, Inc. CBR maintains standards for cellular therapy services through AABB accreditation, FDA-registration, and CLIA certification. CBR has the longest history of accreditation with the AABB (formerly known as the American Association of Blood Banks) and the company’s quality standards have been recognized through ISO 9001:2008 certification — the global business standard for quality. A pioneer in newborn stem cell collection and cryopreservation, CBR believes in the power of newborn stem cells to improve lives today and their potential to revolutionize treatment for many conditions in the future. CBR is the first family newborn stem cell bank to partner with leading research institutions to establish FDA-regulated clinical trials exploring the potential regenerative ability of stem cells to help treat conditions that have no cure today, including: acquired hearing loss, autism, cerebral palsy, and pediatric stroke. In fact, 73% of the stem cell units released by CBR have been used for experimental regenerative therapies – more than any other family cord blood bank in the world.

CareBridge

Venture Round in 2022
CareBridge provides technology and services that assists health plans and states in caring for individuals receiving long-term support services. The company services include electronic visit verification (EVV), data aggregation, 24/7 member support and benefit management. CareBridge was founded in 2009 and is based in Nashville, Tennessee.

Kartavya Healtheon

Venture Round in 2000
HEALTHEON, Inc. provides medical diagnostic and information technology services to health care providers in the Continental United States and internationally. HEALTHEON, Inc. was formerly known as American Health & Environmental Services, Inc. and changed its name to HEALTHEON, Inc. in May 2008. The company was founded in 1993 and is based in New Orleans, Louisiana. The company offers IT services, such as software development, PACS applications, medical transcription, coding, document conversion, data cleanup, and call center services. The company also provides diagnostic services, including magnetic resonance imaging, computed tomography, positron emission tomography, ultrasound, mammography, and lithotripsy services. In addition, it offers healthcare staffing services, such as physician, nurse, and ancillary healthcare staffing services. Further, the company provides disaster recovery services, including mobile medical clinics, hospitals, and medical diagnostics services. It serves government and private industry clients.

Teladoc

Series A in 2009
Teladoc is a mission-driven organization, modernizing how people access and experience healthcare with a focus on high quality, lower costs, and improved outcomes around the world. The company’s award-winning, integrated clinical solutions are inclusive of telehealth, expert medical opinions, AI and analytics, and licensable platform services. With more than 2,000 employees, the organization delivers care in 125 countries and in more than 20 languages, partnering with employers, hospitals and health systems, and insurers to transform care delivery.

AbleTo

Private Placement in 2017
AbleTo is a leading provider of virtual behavioral health care. Deep behavioral health insights and an integrated proprietary platform identifies and engages the right patients with the right support – when and how they want it. Their proven programs improve clinical outcomes and lower health care costs. AbleTo is committed to reach people with unmet behavioral health needs and eliminate barriers through virtual care. Their high-quality behavioral health care delivers results for their patients and their clients. AbleTo is proven to improve health outcomes and reduce medical costs with a program that earns high satisfaction scores from patients.

Transcend Medical

Series B in 2012
Transcend Medical, Inc., an ophthalmic device company, engages in the development of medical devices for the treatment of glaucoma. The company offers CyPass Micro-Stent, a micro-invasive tent that is inserted in the eye during routine cataract surgery; Vold Gonio Lens for use in micro-invasive glaucoma surgery. It also provides clinical trial services. Transcend Medical, Inc. was formerly known as iART Newco I, Inc. The company was founded in 2005 and is based in Menlo Park, California. As of March 23, 2016, Transcend Medical, Inc. operates as a subsidiary of Alcon Holdings, Inc.

Socios Mayores en Salud

Venture Round in 2006
Socios Mayores en Salud, Inc., doing business as American Health Medicare, provides health plans.

Seahorse Bioscience

Series D in 2009
Seahorse Bioscience provides analytical instruments, biomanufacturing systems and consumable labware products for biological research and drug discovery. The company's customers include scientists at academic institutions, pharmaceutical and biotech organizations, as well as OEM manufacturers of assay kits and lab instruments suppliers.

Ascellus

Venture Round in 2020
Ascellus is a behavioral health provider that helps injured workers restore their physical and emotional wellbeing. It offers specialized telehealth and work-focused CBT services. Its clinics deliver customized treatment options, reduce costs for workers' compensation claims and empower injured workers to return to work sooner, enabling doctors and practitioners to help injured workers to restore their physical and emotional wellbeing. The company was founded in 2009 and is based in St. Petersburg, Florida.

Sanovia Corporation

Series B in 2007
Sanovia Corporation delivers savings in pharmaceutical spending through automated decision-making technology. The company focuses on pharmaceutical administration, validation, utilization, and cost and workflow management; fraud and abuse management; and technology services.

Transcend Medical

Series B in 2011
Transcend Medical, Inc., an ophthalmic device company, engages in the development of medical devices for the treatment of glaucoma. The company offers CyPass Micro-Stent, a micro-invasive tent that is inserted in the eye during routine cataract surgery; Vold Gonio Lens for use in micro-invasive glaucoma surgery. It also provides clinical trial services. Transcend Medical, Inc. was formerly known as iART Newco I, Inc. The company was founded in 2005 and is based in Menlo Park, California. As of March 23, 2016, Transcend Medical, Inc. operates as a subsidiary of Alcon Holdings, Inc.

AbleTo

Series D in 2017
AbleTo is a leading provider of virtual behavioral health care. Deep behavioral health insights and an integrated proprietary platform identifies and engages the right patients with the right support – when and how they want it. Their proven programs improve clinical outcomes and lower health care costs. AbleTo is committed to reach people with unmet behavioral health needs and eliminate barriers through virtual care. Their high-quality behavioral health care delivers results for their patients and their clients. AbleTo is proven to improve health outcomes and reduce medical costs with a program that earns high satisfaction scores from patients.

Incipient

Series D in 2006
Develops enterprise-class storage, SAN storage virtualization and automated data migration software solutions

Wayspring

Series D in 2021
axialHealthcare connects patients, providers, and health plans with an end-to-end platform that covers the entire substance use spectrum. Our high-tech, high-touch approach mends fractured ecosystems, identifies at-risk patients, and provides timely, interactive tools for clinical decision-making. For patients with substance use disorder, we offer a clear path with continuity of care.

PatientPop

Series C in 2020
PatientPop, Inc. operates a practice growth platform that delivers measurable improvements for medical providers. Its products include website, search engine optimization, social media and advertising, online advertising, online scheduling, appointment reminders, practice growth dashboard, reputation management, patient reviews, patient satisfaction surveys, and EMR and EHR integration. The company was founded in 2014 and is based in Santa Monica, California.

TriZetto

Venture Round in 2000
TriZetto is Powering Integrated Healthcare Management. With technology solutions touching more than half the U.S. population today, TriZetto is uniquely positioned to drive the convergence of core benefit administration, care management and constituent engagement. TriZetto provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.

LetsGetChecked

Series D in 2021
LetsGetChecked is an at-home health testing platform that connects customers to regulated laboratory testing to better manage and control one's individual health. LetsGetChecked is making healthcare and diagnostics open and patient-led, empowering people to use technology in a simple yet powerful way. This offers consumers greater control over their individual health. LetsGetChecked is headquartered in New York, NY, with tests covering general wellness, sexual health, women's health and men's health, and is available nationwide, as well as in Canada and Europe.

Censinet

Series A in 2019
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

Carevive Systems

Private Placement in 2020
Carevive Systems provides personalized and dynamic cancer care plans for patients that improve clinical outcomes and enable oncology practices to operate in emerging value-based models. Its care plans continuously update to provide ongoing guidance to patients based on their experiences throughout the journey. Located in North Miami, Florida.

Phreesia

Series D in 2010
Innovative point-of-service platform drives efficiency and profitability throughout your organization

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.

TyRx

Venture Round in 2010
TyRx engages in the design, development, and commercialization of resorbable polymeric biomaterials. It offers PIVIT CRM, a mesh based pouch, which contains antibacterial agents to help provide protection from microbial colonization of the generator or defibrillator during and immediately after surgical implant. The company also provides AIGISRx Flat, an antibacterial product that provides protection against infections associated with implanted pacemakers and defibrillators. TyRx Pharma, Inc. was formerly known as Advanced Materials Design, LLC. The company was founded in 1997 and is based in Monmouth Junction, New Jersey.

Radianse

Series A in 2004
Radianse provides intelligent solutions for businesses with their real-time tracking services. Their advanced software automatically collects and processes a variety of live data on any asset. The situation history is recorded and easily accessible through their Radianse Awareness Suite from any web-enabled device. Their mission is to improve the way businesses operate by providing accessible, affordable, andcustomized solutions that automatically integrate data sources into real-time actionable intelligence. They aim to be the market leader in the providing of situation awareness coupled with actionable intelligence. Their goal is to deliver innovative, technology-based applications that allow their customers to manage their resources, control costs, increase revenue opportunities, and improve overall operational efficiency. Radianse has achieved significant milestones in developing cutting-edge algorithms and methodologies to deliver reliable products with superior accuracy and performance. All of their products are covered by one or more patents with additional U.S. and international patents pending. Radianse is committed to constantly innovating and evolving. They began as an engineering organization focused on Radio Frequency Identification (RFID) technology-based solutions. Their aim was to automatically and continuously monitor high-value hospital assets. Radianse now works with many clients from various industries. Radianse remains focused on being committed to innovative research and development. Radianse is applying its leadership and extensive networking knowledge along with inventive technology designs to launch new and advanced applications. They are committed to innovation and delivering intelligent solutions for any industry.

MedVentive

Series C in 2010
MedVentive provides leading-edge technology solutions that enable physician groups, integrated delivery systems, health plans and self-insured employers to effect meaningful and measurable change in the quality and cost of the care they deliver to patients. Founded in 1997 by physicians, MedVentive has been at the forefront of the development of innovative and clinically sophisticated solutions to reduce healthcare costs and improve healthcare quality.

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.

BioProcessors

Series B in 2003
BioProcessors is an online platform that assists its clients in the development of drugs. BioProcessors was launched in 2000 and is based in California.

Spinal Kinetics

Series A in 2004
Spinal Kinetics is a privately-held medical device company focused on partnering with spine surgeons to develop innovative and practical motion preservation systems for treating degenerative diseases of the spine. The M6 artificial disc is the first of these non-fusion motion preservation products intended to replicate the anatomic and biomechanical attributes of a natural intervertebral disc. The M6 is the only artificial disc that mimics a natural disc’s design by incorporating an artificial nucleus and annulus into both its cervical and lumbar platforms.

Satiety

Series D in 2007
Satiety, Inc. is a medical device company focused on the development of less invasive devices for the treatment of obesity. Obesity is a global health problem, affecting 70 million people in the U.S. and 300 million worldwide, and growth of which is causing increases in obesity-related diseases such as diabetes, high blood pressure and cardiovascular disease. Obesity surgery has been shown to be the only long-term effective means of weight loss for morbidly obese patients. Satiety, Inc. was founded in 2000 through a collaboration of medical device incubators Thomas Fogarty Engineering and The Foundry, and is headquartered in Palo Alto, California.

Change Healthcare

Series D in 2013
Change Healthcare is a catalyst for your value-based healthcare system. They are a healthcare technology company that offers software, analytics, network solutions, and technology-enabled services to help create a stronger, more collaborative healthcare system. They help deliver measurable value not only at the point of care, but also before, after, and in between care episodes. It was founded in 2005 and is based in Nashville, Tennessee.

IMCS Group, Inc.

Private Placement in 2020
IMCS Group, Inc. provides functional medicine evaluations and functional psychological evaluations to assist patients, employers, workers compensation, and disability organizations with solutions for chronic pain and disability claims. It offers functional medicine and psychological evaluation, independent medical examinations, health psychology services, chronic pain management, and psychological evaluations. The company also provides physician, evaluator, and psychologist training services. IMCS Group, Inc. was founded in 2009 and is headquartered in Saint Petersburg, Florida.

Regroup Therapy

Series A in 2017
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.

BenefitPoint

Venture Round in 2003
BenefitPoint is an employee-benefits infrastructure company for the distribution and management of group insurance and financial products. The company is based in San Francisco, California.

Censinet

Private Placement in 2019
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

Medicalis

Venture Round in 2013
Medicalis® delivers clinical knowledge to the point-of-care. Created with the goal of delivering evidence- based medicine, and founded upon deep expertise in healthcare information integration, Medicalis has the unique ability to capture clinical knowledge and deliver it to healthcare workers directly involved in patient care decisions.

mPulse Mobile

Series C in 2020
mPulse Mobile, the leader in mobile health engagement, drives improved health outcomes and business efficiencies by engaging individuals with meaningful and interactive dialog. mPulse Mobile combines technology, analytics and industry expertise that helps healthcare organizations activate their customers to adopt healthy behaviors. With over 9 years experience, a hundred million messages sent, and 70+ Health Plan, Provider, Pharma and Wellness customers, mPulse Mobile has the data, the expertise and the technology to drive healthy behavior change.

Phreesia

Series C in 2009
Innovative point-of-service platform drives efficiency and profitability throughout your organization

ClearDATA

Series D in 2017
ClearDATA is the trusted managed cloud provider, designed for today’s healthcare security needs. More than 350,000 healthcare professionals trust the ClearDATA HIPAA-compliant cloud to safeguard their patient data and power their critical applications. ClearDATA protects sensitive healthcare data using compliance and security safeguards, purpose-built DevOps automation, and healthcare expertise — all backed by managed cloud services. This ensures healthcare organizations, and the technology providers that support them, are adhering to the highest standards in privacy, security and compliance in the cloud.

BioProcessors

Series C in 2006
BioProcessors is an online platform that assists its clients in the development of drugs. BioProcessors was launched in 2000 and is based in California.

meQuilibrium

Series C in 2018
meQuilibrium offers individuals and employees with online stress management solutions and measurements. It is the only clinically validated resilience platform leveraging behavioral psychology, neuroscience, and analytics to deliver transformative insights that change lives and businesses. meQuilibrium was founded in 2010 and is headquartered in Boston, Massachusetts.

Summit Microelectronics

Venture Round in 2006
Summit Microelectronics, Inc. engages in the design and manufacture of integrated circuits that incorporate analog and digital technologies. It offers integrated power management solutions for consumer, communications, and computing markets and applications. The company's products include environmental and power monitors, battery chargers, multi-output power supplies, power supply trackers, hot swap controllers, reset controllers, consumer equipment ASSP, and chipset companion devices. It also provides three-wire and two-wire compatible interface products, power supply marginers, power supply sequencers, laser power controllers, and A/D converters, as well as electronic potentiometers.

Casenet

Debt Financing in 2010
Casenet offers customizable care management software solutions, which allow payers and care coordinators of all sizes to partner with consumers and their physicians in making clinical decisions. Among the software solutions, the company offers packages of case management, disease management, utilization management, and extended enterprise.
Pathway Medical Technologies Inc. designs, develops, manufactures, and markets medical devices for the treatment of arterial and vascular diseases.

RubiconMD

Series B in 2018
RubiconMD is a web-based eConsult service that enables primary care providers to quickly and easily discuss their cases with top specialists, so they can provide better care—improving the patient experience and reducing costs. RubiconMD was founded in 2013 by Gil Addo, Carlos Reines, and Julien Pham. It is headquartered in New York, New York.

Spinal Concepts

Series E in 2001
Spinal Concepts is a biotechnology company focused on spinal fixation products used in the treatment of spinal disorders, diseases, and injuries. The company was founded by Erin McGurk in 1996.

Medicalis

Venture Round in 2012
Medicalis® delivers clinical knowledge to the point-of-care. Created with the goal of delivering evidence- based medicine, and founded upon deep expertise in healthcare information integration, Medicalis has the unique ability to capture clinical knowledge and deliver it to healthcare workers directly involved in patient care decisions.

Valeritas

Series C in 2011
On June 30, 2020, Valeritas Holdings, Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. Valeritas Holdings, Inc., a commercial-stage medical technology company, focuses on the development and commercialization of technologies to treat patients with Type 2 diabetes in the United States. The company offers V-Go, a wearable insulin delivery device for basal-bolus therapy. It also develops V-Go Prefill that is in the design-development stage for eliminating the device-filling process and the need for EZ fill refrigeration for patients with Type 2 diabetes; and V-Go SIM for real-time tracking information of basal and bolus dosing utilization. The company sells V-Go to third-party wholesalers and medical supply distributors. Valeritas Holdings, Inc. was founded in 2006 and is headquartered in Bridgewater, New Jersey.

Imagine Health

Series A in 2015
Imagine Health, Inc., an independent healthcare company, builds custom teams of healthcare providers for employers with large concentrations of employees in a single geographic area in the United States. It creates ecosystems of hospitals, specialists, and primary care physicians for Fortune 500 companies. The company was founded in 2006 and is headquartered in Cottonwood Heights, Utah.

Radianse

Venture Round in 2004
Radianse provides intelligent solutions for businesses with their real-time tracking services. Their advanced software automatically collects and processes a variety of live data on any asset. The situation history is recorded and easily accessible through their Radianse Awareness Suite from any web-enabled device. Their mission is to improve the way businesses operate by providing accessible, affordable, andcustomized solutions that automatically integrate data sources into real-time actionable intelligence. They aim to be the market leader in the providing of situation awareness coupled with actionable intelligence. Their goal is to deliver innovative, technology-based applications that allow their customers to manage their resources, control costs, increase revenue opportunities, and improve overall operational efficiency. Radianse has achieved significant milestones in developing cutting-edge algorithms and methodologies to deliver reliable products with superior accuracy and performance. All of their products are covered by one or more patents with additional U.S. and international patents pending. Radianse is committed to constantly innovating and evolving. They began as an engineering organization focused on Radio Frequency Identification (RFID) technology-based solutions. Their aim was to automatically and continuously monitor high-value hospital assets. Radianse now works with many clients from various industries. Radianse remains focused on being committed to innovative research and development. Radianse is applying its leadership and extensive networking knowledge along with inventive technology designs to launch new and advanced applications. They are committed to innovation and delivering intelligent solutions for any industry.

Spinal Kinetics

Series B in 2006
Spinal Kinetics is a privately-held medical device company focused on partnering with spine surgeons to develop innovative and practical motion preservation systems for treating degenerative diseases of the spine. The M6 artificial disc is the first of these non-fusion motion preservation products intended to replicate the anatomic and biomechanical attributes of a natural intervertebral disc. The M6 is the only artificial disc that mimics a natural disc’s design by incorporating an artificial nucleus and annulus into both its cervical and lumbar platforms.

Carevive Systems

Series C in 2020
Carevive Systems provides personalized and dynamic cancer care plans for patients that improve clinical outcomes and enable oncology practices to operate in emerging value-based models. Its care plans continuously update to provide ongoing guidance to patients based on their experiences throughout the journey. Located in North Miami, Florida.

Confluent Surgical

Series D in 2005
Confluent Surgical develops products to address the need for surgical sealing and post-surgical adhesion prevention applications.The company provides DuraSeal, an adjunct to sutured dural repair during cranial surgeries to provide watertight closure. The company was founded in 1998 and is headquartered in Waltham, Massachusetts.

GTESS Corp

Series B in 2005
GTESS provides an outsourced front-end solution including paper, web and EDI claims conversion and cleaning, correspondence and non-standard claim management, coordination of benefits (including Medicare), repricing facilitation and a full document management solution. Their core systems feature years of progressive functionality based on solid artificial intelligence and neural net technology. They operate in partnership with leading healthcare payers and networks in the country. Helping TPAs, PPOs and HMOs outsource their front-end operations to gain quality and service improvements while focusing on strategic initiatives and positively impacting their bottom line.

Aidin

Venture Round in 2012
Aidin was created specifically for discharge planning professionals. Aidin integrates into the discharge planning workflow to free social workers from administrative tasks and re-center their time around patients. By automatically generating listings of available providers, Aidin eliminates phone calls and faxes and empowers patients with quality of care ratings and reviews to make decision-making quick, easy, and informed. Aidin works with hospitals to track patient experiences and outcomes to help case managers gain insight into which post-acute providers best serve specific health conditions.

Transcend Medical

Series B in 2009
Transcend Medical, Inc., an ophthalmic device company, engages in the development of medical devices for the treatment of glaucoma. The company offers CyPass Micro-Stent, a micro-invasive tent that is inserted in the eye during routine cataract surgery; Vold Gonio Lens for use in micro-invasive glaucoma surgery. It also provides clinical trial services. Transcend Medical, Inc. was formerly known as iART Newco I, Inc. The company was founded in 2005 and is based in Menlo Park, California. As of March 23, 2016, Transcend Medical, Inc. operates as a subsidiary of Alcon Holdings, Inc.

ClearDATA

Series E in 2018
ClearDATA is the trusted managed cloud provider, designed for today’s healthcare security needs. More than 350,000 healthcare professionals trust the ClearDATA HIPAA-compliant cloud to safeguard their patient data and power their critical applications. ClearDATA protects sensitive healthcare data using compliance and security safeguards, purpose-built DevOps automation, and healthcare expertise — all backed by managed cloud services. This ensures healthcare organizations, and the technology providers that support them, are adhering to the highest standards in privacy, security and compliance in the cloud.

CombiMatrix

Post in 2011
As of November 14, 2017, CombiMatrix Corporation was acquired by Invitae Corporation. CombiMatrix Corporation provides clinical molecular diagnostic laboratory services in the United States. The company focuses on pre-implantation genetic screening, prenatal diagnosis, miscarriage analysis, and pediatric developmental disorders. It provides molecular diagnostic services primarily in the areas of reproductive health for the diagnosis of developmental disorders associated with intellectual disability, congenital anomalies, dysmorphic features, and autism spectrum disorders. The company’s testing focuses on advanced technologies, including single nucleotide polymorphism, chromosomal microarray analysis, sequencing, fluorescent in situ hybridization, and high resolution karyotyping. It serves commercial insurance companies, healthcare institutions, government payors, and individuals. CombiMatrix Corporation was founded in 1995 and is headquartered in Irvine, California. As of November 14, 2017, CombiMatrix Corporation operates as a subsidiary of Invitae Corporation.

Teladoc

Venture Round in 2014
Teladoc is a mission-driven organization, modernizing how people access and experience healthcare with a focus on high quality, lower costs, and improved outcomes around the world. The company’s award-winning, integrated clinical solutions are inclusive of telehealth, expert medical opinions, AI and analytics, and licensable platform services. With more than 2,000 employees, the organization delivers care in 125 countries and in more than 20 languages, partnering with employers, hospitals and health systems, and insurers to transform care delivery.

Tandem Diabetes Care

Series C in 2010
Tandem Diabetes Care, Inc. develops medical devices for the treatment of diabetes. It offers diabetic insulin pumps for adults and children to diabetes needs, including keeping blood glucose levels within target ranges. The company focuses on insulin infusion therapy. Tandem Diabetes Care, Inc. was incorporated in 2006 and is based in San Diego, California.

Interlace Medical

Series C in 2009
Interlace Medical, Inc. is focused on designing and developing devices for the Interventional Gynecologist to perform office-based procedures to treat diseases and conditions traditionally requiring surgery in the operating room.

Vericare Management

Series B in 2007
VeriCare Management, Inc. provides geriatric behavioral healthcare services and therapeutic wellness programs for elderly patients in long-term, residential care facilities in the United States. It offers neuropsychological assessment, individual psychotherapy, psychotropic medication management, behavior management, rehabilitation support services, family therapy at intake, and group therapy services. The company serves patients at skilled care facilities in California, Pennsylvania, Texas, New Jersey, Florida, Indiana, Delaware, Tennessee, and North Carolina. VeriCare Management, Inc. was formerly known as Senior Psychology Services.

Vets First Choice

Venture Round in 2013
Vets First Choice provides veterinary practices with an online pharmacy and home delivery services. It partners with veterinarians to create insight into gaps in patient care and offer professionalized pro-active prescription management to drive client engagement and improve compliance. The company was founded by Ben Shaw in 2010 and is based in Portland, Maine.

HarmonyCares

Venture Round in 2021
U.S. Medical Management, LLC provides comprehensive home-based healthcare services. It offers primary and short term care, skilled home health care, hospice and palliative care, and diagnostic services. The company also provides home-based specialty programs that facilitates care, promote coordination of resources, reduce medical expenditures, and increase patient satisfaction. It offers durable medical equipment as a service. The company caters to health care partners, including health plans, hospital systems, assisted/independent living communities, home health/hospice agencies, pharmaceutical companies, skilled nursing/rehab facilities. U.S. Medical Management, LLC was founded in 1993 and is based in Troy, Michigan. As of January 6, 2014, U.S. Medical Management, LLC operates as subsidiary of Centene Corporation (NYSE:CNC).

b.well Connected Health

Series B in 2021
b.well Connected Health is a health, wellness, and fitness company that provides an integrated solution for consumer engagement, holistic health management, and cost containment. It specializes and supports health plans, health systems, employers and pharmaceutical companies. The company was founded in 2015 and headquartered in Baltimore, Maryland.

Carevive Systems

Series C in 2021
Carevive Systems provides personalized and dynamic cancer care plans for patients that improve clinical outcomes and enable oncology practices to operate in emerging value-based models. Its care plans continuously update to provide ongoing guidance to patients based on their experiences throughout the journey. Located in North Miami, Florida.

Fieldglass

Series D in 2005
Fieldglass, Inc. provides intelligent solutions for finding and managing human capital. It offers an unified technology platform that allows hiring managers, human resources personnel, and staffing companies to acquire human capital, including contingent workers, services, and direct hires. The company's solutions include InSite Contingent, a software as a service platform that automates the process of procuring and managing contingent labor, from requisition through invoice and payment; InSite Services, which ensures compliance with corporate and legal obligations for various project-based engagements; and InSite Recruitment that automates the process for directly hiring full and part-time, and contingent workers. It also offers professional services, including implementation and account; training services, such as insite and change management; and support services. The company serves various industries, such as financial services, healthcare, pharmaceuticals, and telecommunications. Fieldglass, Inc. was formerly known as B2BPeople, Inc. The company was founded in 1999 and is headquartered in Chicago, Illinois with technology development offices in Naperville, Illinois; and Mumbai, India.

The IMCS Group

Venture Round in 2020
Integrated Medical Case Solutions is the provider of work-related trauma prevention and treatment with a proven track record of transforming workers’ compensation cases with notable success in early return-to-work outcomes. Through innovation, best practices and a nationwide network of over 1,000 psychologists and psychiatrists, IMCS provides biopsychosocial assessments to assist patients, employers, and workers’ compensation and disability organizations to optimize chronic pain management and disability claims using an integrated, evidence-based medical approach. IMCS’s early identification and intervention program for high-risk cases has resulted in a 50% savings in many costly and complex workers’ compensation claims.

Silverlink Communications

Series B in 2004
Silverlink Communications is a healthcare IT company that develops solutions for patient communications and engagement. The company provides communications services for managed care, pharmacy, population health, Medicare and Medicaid, multi-channel services, and interactive voice services.

Symbion

Venture Round in 2011
Symbion is the leading entrepreneurial environment in Denmark - the place where entrepreneurs live, meet, network and develop their business to a healthy and viable growth business. Their ambitions are high. They want to be Denmark's Centre for Entrepreneurship, both when it comes to creating the best physical environment for their entrepreneurs in their office communities, accelerating their growth through business development and investment or to share their knowledge and best-practice in entrepreneurship. Today they have a network of more than 250 entrepreneurs and small companies working in knowledge intensive areas such as IT, Cleantech, Life Sciences and knowledge based consultancy. They have four business centers with offices, workplaces and laboratories in Copenhagen.

Nordic

Venture Round in 2012
Based in Madison, Wis., Nordic is the largest Epic consulting practice in the world and the industry leader in providing electronic health record (EHR) consulting services to healthcare organizations using Epic software. Nordic is the only firm to be ranked No. 1 by KLAS in Epic Implementation Support and Staffing since the report’s inception in 2012. In the most recent Best in KLAS Report, Nordic was named the KLAS Category Leader for the “Other Implementation” category, which includes services and methodology in revenue cycle, integration, lab and reporting. Founded in 2010, Nordic has worked with more than 125 clients in 40 states, partnering with more than a third of Epic’s clients.

Radianse

Series B in 2006
Radianse provides intelligent solutions for businesses with their real-time tracking services. Their advanced software automatically collects and processes a variety of live data on any asset. The situation history is recorded and easily accessible through their Radianse Awareness Suite from any web-enabled device. Their mission is to improve the way businesses operate by providing accessible, affordable, andcustomized solutions that automatically integrate data sources into real-time actionable intelligence. They aim to be the market leader in the providing of situation awareness coupled with actionable intelligence. Their goal is to deliver innovative, technology-based applications that allow their customers to manage their resources, control costs, increase revenue opportunities, and improve overall operational efficiency. Radianse has achieved significant milestones in developing cutting-edge algorithms and methodologies to deliver reliable products with superior accuracy and performance. All of their products are covered by one or more patents with additional U.S. and international patents pending. Radianse is committed to constantly innovating and evolving. They began as an engineering organization focused on Radio Frequency Identification (RFID) technology-based solutions. Their aim was to automatically and continuously monitor high-value hospital assets. Radianse now works with many clients from various industries. Radianse remains focused on being committed to innovative research and development. Radianse is applying its leadership and extensive networking knowledge along with inventive technology designs to launch new and advanced applications. They are committed to innovation and delivering intelligent solutions for any industry.

Vantage Oncology

Venture Round in 2012
Vantage Oncology, Inc., offers a comprehensive development, implementation and management solution for radiation oncology. The company was created in response to the growing need among cancer patients, hospitals and physicians for accessible and advanced radiation treatment therapies. Vantage encourages joint venture ownership opportunities that empower physicians to maintain control of their practice while leveraging the strength of the company's network. Vantage also provides joint venture ownership opportunities for hospitals interested in maximizing the significant benefits created by a strong radiation oncology department.

mPulse Mobile

Series A in 2016
mPulse Mobile, the leader in mobile health engagement, drives improved health outcomes and business efficiencies by engaging individuals with meaningful and interactive dialog. mPulse Mobile combines technology, analytics and industry expertise that helps healthcare organizations activate their customers to adopt healthy behaviors. With over 9 years experience, a hundred million messages sent, and 70+ Health Plan, Provider, Pharma and Wellness customers, mPulse Mobile has the data, the expertise and the technology to drive healthy behavior change.

mPulse Mobile

Series B in 2018
mPulse Mobile, the leader in mobile health engagement, drives improved health outcomes and business efficiencies by engaging individuals with meaningful and interactive dialog. mPulse Mobile combines technology, analytics and industry expertise that helps healthcare organizations activate their customers to adopt healthy behaviors. With over 9 years experience, a hundred million messages sent, and 70+ Health Plan, Provider, Pharma and Wellness customers, mPulse Mobile has the data, the expertise and the technology to drive healthy behavior change.

Tebra

Series B in 2022
Tebra provide independent healthcare practices with digital tools and support to thrive in a new era of healthcare. Tebra is to unlock better healthcare for every patient by getting your independent practice the right technology and support to thrive. In an industry marked by broken, disparate parts, and overstuffed with processes, we are developing a single system that can truly be the backbone of practice success.

Oceans Healthcare

Venture Round in 2021
Oceans Healthcare is a nationally recognized behavioral health provider focused on healing and long-term recovery. Founded in 2004, Oceans provides inpatient and outpatient treatment with a focus on the unique physical and emotional needs of older adults and seniors. With 17 hospital locations in Texas and Louisiana, Oceans take great pride in being the largest provider of inpatient geriatric behavioral health treatment in Louisiana and one of the largest in Texas. . The company’s expansion efforts are focused on creating additional access for older adults and seniors, expanding service line offers with the addition of military-focused outpatient programs and inpatient and outpatient substance use disorder treatment options.

RubiconMD

Series C in 2020
RubiconMD is a web-based eConsult service that enables primary care providers to quickly and easily discuss their cases with top specialists, so they can provide better care—improving the patient experience and reducing costs. RubiconMD was founded in 2013 by Gil Addo, Carlos Reines, and Julien Pham. It is headquartered in New York, New York.

RedBrick Health

Series D in 2011
RedBrick Health, an entirely new kind of health company headquartered in Minneapolis, was founded in 2006 to provide a unique, smart and fair solution to the challenge of rising health care costs. They combine behavior-based health financing with personalized programs and independent advocates, helping employers, health plans, health systems and accountable care organizations experience all the rewards of better consumer health.

Silverlink Communications

Series C in 2006
Silverlink Communications is a healthcare IT company that develops solutions for patient communications and engagement. The company provides communications services for managed care, pharmacy, population health, Medicare and Medicaid, multi-channel services, and interactive voice services.

OnShift

Series C in 2014
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.
Pathway Medical Technologies Inc. designs, develops, manufactures, and markets medical devices for the treatment of arterial and vascular diseases.

ArroHealth

Pre Seed Round in 2020
ArroHealth is committed to helping health plans and provider groups close care gaps and achieve payment accuracy. It does so by delivering a complete suite of intelligent risk adjustment and HEDIS solutions to Medicare Advantage, Commercial and managed Medicaid health plans and provider groups. The company’s full-service offerings — including analytics, medical record retrieval, data aggregation, and risk adjustment coding — helps its clients accurately represent the impact of their risk adjustment and HEDIS programs, and improve insights into quality metrics for their members. To learn more, visit www.arrohealth.com.

mPulse Mobile

Venture Round in 2022
mPulse Mobile, the leader in mobile health engagement, drives improved health outcomes and business efficiencies by engaging individuals with meaningful and interactive dialog. mPulse Mobile combines technology, analytics and industry expertise that helps healthcare organizations activate their customers to adopt healthy behaviors. With over 9 years experience, a hundred million messages sent, and 70+ Health Plan, Provider, Pharma and Wellness customers, mPulse Mobile has the data, the expertise and the technology to drive healthy behavior change.

Silverlink Communications

Series D in 2009
Silverlink Communications is a healthcare IT company that develops solutions for patient communications and engagement. The company provides communications services for managed care, pharmacy, population health, Medicare and Medicaid, multi-channel services, and interactive voice services.

mPulse Mobile

Private Placement in 2020
mPulse Mobile, the leader in mobile health engagement, drives improved health outcomes and business efficiencies by engaging individuals with meaningful and interactive dialog. mPulse Mobile combines technology, analytics and industry expertise that helps healthcare organizations activate their customers to adopt healthy behaviors. With over 9 years experience, a hundred million messages sent, and 70+ Health Plan, Provider, Pharma and Wellness customers, mPulse Mobile has the data, the expertise and the technology to drive healthy behavior change.

New Life Solution, Inc.

Private Placement in 2018
New Life Solution, Inc., doing business as meQuilibrium, develops a wellbeing and performance software platform that harnesses behavioral psychology, neuroscience, and AI to empower workforce facing uncertain times. It offers meQuilibrium, a digital coaching software platform that delivers clinically validated and personalized resilience solutions for employers, health plans, wellness providers, and individual consumers to increase engagement, productivity, and performance. The company’s platform also transforms lives and optimizes organizational performance by using predictive data-driven insights and collaborative technologies to deliver cognitive performance gains that accelerate growth. New Life Solution, Inc. was incorporated in 2009 and is based in Boston, Massachusetts.

DermTech

Post in 2019
DermTech develops and commercializes qPCR assays for skin samples collected non-invasively using adhesive tape biopsy methods. The Company’s assays can analyze multiple gene targets to assess their level of RNA expression. The Company anticipates providing these assays through a CLIA certified laboratory located in San Diego. The Company will initially offer an assay for pigmented skin lesions sampled using an adhesive tape collection method. The Company has identified gene targets differentially expressed in melanoma samples (British Journal of Dermatology, April 2011). This assay can assess RNA expression consistent with melanoma with very high sensitivity (>95%) and specificity (>70%).

Binary Fountain

Series A in 2015
Binary Fountain solution extracts operational intelligence from customer's feedback and distills the data into actionable insights. Their cloud-based offering enables companies to integrate both social media feedback, survey, and other data into their operational decision-making resulting in better operations, customer engagement, and quality of services. Marketing, operations, and advertising executives use their solution to listen to, understand, and take action on ever-changing customer sentiment across social and traditional media to increase and sustain customer loyalty, profits, and market share.