HLM Venture Partners

HLM Venture Partners, established in 1983, is a Boston-based venture capital firm specializing in early-stage investments in the healthcare sector. With a proven track record, the firm has supported over 60 privately held healthcare companies, providing expertise, resources, and commitment to help transform innovative ideas into market-leading businesses. HLM focuses on tech-enabled healthcare services, healthcare information technology, medical devices, and diagnostics, with a typical investment size ranging from $8 million to $12 million. The firm's longevity, integrity, and reputation make it a valuable partner for emerging healthcare companies seeking to navigate the complex healthcare landscape.

Ed Cahill

Partner

Vincent J. Fabiani

Partner

Vin Fabiani

Partner

Brian Forst

Principal

Sophie Griffin

Principal

Peter Grua

Partner

Michael Ludwig

Partner

Joseph Mayer MD

Partner

Enrico Picozza

Partner

Mike Wong

CFO and CCO

135 past transactions

Wayspring

Venture Round in 2024
Wayspring is a value-based healthcare organization dedicated to delivering medical, behavioral health, and social support services to individuals with complex needs, particularly those affected by substance use disorders. The company employs a comprehensive and longitudinal model that emphasizes targeted outreach to members, strategic partnerships with providers, and community-based peer support. By focusing on individualized care and ensuring that patients' basic needs—such as access to healthcare, economic stability, and community connections—are met, Wayspring facilitates improved adherence to evidence-based medical practices and enhances health outcomes. This unique approach not only reduces healthcare waste but also empowers patients on their journey to wellness.

HealthEC

Venture Round in 2023
HealthEC, LLC is a technology company that specializes in healthcare information exchange and population health management both in the United States and internationally. It provides a comprehensive Population Health Management platform that consolidates various essential elements of care management, including patient attribution, care coordination, and analytics tailored for payers, providers, and employers. HealthEC's offerings encompass a suite of solutions such as ACO in a Box, which integrates population management and patient engagement; transformation consulting; and the Physician Quality Reporting System that incentivizes quality reporting among professionals. Additionally, the company delivers Provider Management solutions, claims and beneficiary management, 3D analytics for actionable insights, and revenue cycle management. Founded in 1997 as IGI Health and rebranded to HealthEC in 2013, the company is headquartered in Edison, New Jersey, with additional offices in Indiana and India. Its diverse clientele includes hospitals, health systems, physician group practices, ACOs, health plans, and self-insured employers.

Yuvo Health

Series A in 2023
Yuvo Health is a provider of healthcare services focused on supporting federally qualified health centers (FQHCs). The company offers administrative and managed-care contracting services that enable these health centers to unlock new revenue streams through value-based care. By doing so, Yuvo Health empowers both health centers and their patients to benefit from value-based care initiatives while minimizing risks, reducing staff burnout, and simplifying data management. Through its services, Yuvo Health aims to enhance the operational efficiency of community health centers and improve patient outcomes.

Censinet

Venture Round in 2023
Censinet, Inc. is a cloud-based platform provider focused on managing third-party risk for healthcare organizations. Established in 2017 and headquartered in Winchester, Massachusetts, Censinet's platform facilitates real-time assessments of risks associated with vendors and third-party providers. By connecting healthcare providers with their vendors, the platform streamlines workflows, automates manual processes, and eliminates reliance on inefficient spreadsheets. Censinet delivers continuous insights into the evolving risk profiles of vendors, enabling healthcare companies to effectively address challenges in managing third-party risks while enhancing overall cybersecurity measures.

Array Behavioral Care

Series C in 2023
Array Behavioral Care is a telepsychiatry service provider dedicated to enhancing access to quality behavioral health care through innovative technology applications. Established in 1999 by Geoffrey Boyce in New Jersey, the company offers a range of services including assessment, screening, diagnosis, consultations, and medication management. These services are delivered across various settings, from hospitals to homes, through divisions such as OnDemand Care, Scheduled Care, and AtHome Care. Array Behavioral Care aims to make mental health services convenient, affordable, and readily accessible for patients.

Hazel Health

Series C in 2022
Hazel Health, Inc. is a healthcare company focused on enhancing student health and well-being by providing accessible healthcare services. Founded in 2015 and headquartered in San Francisco, California, the company offers a telehealth platform that allows K-12 students to connect with healthcare professionals through live video consultations, whether they are in school or at home. This innovative application enables students to receive timely medical attention for a variety of conditions, with the capability for doctors to prescribe over-the-counter medications at school, pending parental approval. By partnering with schools and their nursing staff, Hazel Health aims to ensure that every child has access to necessary pediatric care, thereby supporting their health and readiness to learn. The company was previously known as HippoMD, Inc. before rebranding in September 2017.

Tebra Technologies

Series B in 2022
Tebra Technologies is a provider of digital tools and support designed to assist independent healthcare practices in navigating the complexities of the modern healthcare landscape. The company has developed a comprehensive medical technology platform that enables these practices to enhance patient acquisition, streamline care management through a fully certified electronic health record system, and improve patient engagement and billing processes. By consolidating essential functions into a single, efficient system, Tebra aims to empower healthcare professionals to optimize their operations and achieve greater success in a fragmented industry.

CareBridge

Series C in 2022
CareBridge Health is a technology and service provider based in Nashville, Tennessee, dedicated to improving the lives of individuals with physical, intellectual, or developmental disabilities who require long-term support services. Founded in 2009, the company offers a range of services, including electronic visit verification, data aggregation, and 24/7 clinical support for patients, their families, and paid caregivers. CareBridge specifically serves individuals who are on Medicaid or who are dually eligible for Medicare and Medicaid, ensuring that they receive essential services and equipment needed to maintain their independence at home. By facilitating continuous communication between care teams and caregivers, CareBridge aims to enhance the quality of care and support available to its members.

mPulse Mobile

Venture Round in 2022
mPulse Mobile, Inc. is a healthcare technology company based in Encino, California, specializing in communication solutions designed to enhance consumer health and wellness. The company offers mPulse, a cloud-based intelligent mobile messaging platform that features pre-configured workflows to address various healthcare challenges, including missed appointments, medication adherence, and disease management. Their solutions encompass a wide range of areas such as medication adherence, preventive care and screenings, chronic condition management, and optimization of health plan experiences. By leveraging conversational AI and analytics, mPulse Mobile aims to empower healthcare organizations to engage effectively with their customers, encouraging the adoption of healthier behaviors. Founded in 2014, the company serves diverse sectors, including Medicare, Medicaid, commercial plans, health systems, and wellness initiatives.

HarmonyCares

Venture Round in 2021
HarmonyCares is a provider of home health care services focused on delivering high-quality medical care directly to clients in their homes. The company offers an integrated, physician-driven model that includes primary and specialty care programs tailored for individuals with multiple chronic conditions, cognitive issues, and psychosocial complications. In addition to primary care, HarmonyCares provides ancillary services such as home health, hospice, palliative care, radiology, and laboratory testing. The rebranding from U.S. Medical Management to HarmonyCares in 2022 reflects the company's commitment to enhancing the care experience for patients, particularly the elderly, by enabling them to receive essential health services in a familiar and comfortable environment.

Wayspring

Series D in 2021
Wayspring is a value-based healthcare organization dedicated to delivering medical, behavioral health, and social support services to individuals with complex needs, particularly those affected by substance use disorders. The company employs a comprehensive and longitudinal model that emphasizes targeted outreach to members, strategic partnerships with providers, and community-based peer support. By focusing on individualized care and ensuring that patients' basic needs—such as access to healthcare, economic stability, and community connections—are met, Wayspring facilitates improved adherence to evidence-based medical practices and enhances health outcomes. This unique approach not only reduces healthcare waste but also empowers patients on their journey to wellness.

b.well Connected Health

Series B in 2021
b.well Connected Health, Inc. is a healthcare technology company based in Baltimore, Maryland, with an additional office in Austin, Texas. Founded in 2015, the company has developed an application that aggregates and analyzes consumers' healthcare data, enabling users to store, manage, and share medical records and family health history in one accessible platform. The application provides insights into financial aspects of healthcare, including benefit plan details, co-pays, and deductibles, while also integrating data from wearables and other health applications to monitor aspects such as sleep, fitness, and nutrition. b.well Connected Health primarily serves health plans, health systems, employers, and pharmaceutical companies, offering an integrated solution for consumer engagement, holistic health management, and cost containment, ultimately empowering users to optimize their healthcare experience.

LetsGetChecked

Series D in 2021
LetsGetChecked is a healthcare technology company that facilitates at-home health testing. It connects users with regulated laboratories worldwide for various tests, including general wellness, sexual health, women's health, men's health, and COVID-19. Users collect samples at home using provided kits and mail them back for analysis; results are then accessible online. The platform aims to empower individuals to proactively manage their health, offering services across the United States, Canada, and Europe.

Carevive Systems

Series C in 2021
Carevive Systems, Inc. is a healthcare technology company that specializes in enhancing cancer care delivery through its innovative platform. The company offers Carevive PROmpt, a comprehensive software solution designed for treatment planning, patient engagement, symptom management, and survivorship care. This platform includes features such as electronic patient-reported outcomes (ePRO), care coordination tools, and analytics that help oncology practices adapt to value-based care models. Carevive Systems also provides a Risk Stratification model to identify at-risk patients and develops symptom management plans based on clinical data and evidence-based guidelines. Founded in 2013 and based in North Miami, Florida, Carevive Systems aims to improve clinical outcomes and patient experiences by delivering personalized and continuously updated cancer care plans.

Array Behavioral Care

Venture Round in 2021
Array Behavioral Care is a telepsychiatry service provider dedicated to enhancing access to quality behavioral health care through innovative technology applications. Established in 1999 by Geoffrey Boyce in New Jersey, the company offers a range of services including assessment, screening, diagnosis, consultations, and medication management. These services are delivered across various settings, from hospitals to homes, through divisions such as OnDemand Care, Scheduled Care, and AtHome Care. Array Behavioral Care aims to make mental health services convenient, affordable, and readily accessible for patients.

Oceans Healthcare

Venture Round in 2021
Oceans Healthcare is a behavioral health provider established in 2004, dedicated to healing and long-term recovery for individuals, particularly older adults. The company operates 33 locations, including 23 inpatient hospital campuses across the Southeast, and specializes in addressing cognitive and mental health symptoms such as depression, anxiety, and schizophrenia, as well as behavioral changes related to medication management and substance abuse. In 2020, Oceans treated over 18,000 individuals, demonstrating a commitment to comprehensive care throughout the recovery process. The company is recognized for its consistent achievement of high performance metrics on national quality and safety measurements, as assessed by the Centers for Medicare and Medicaid Services and The Joint Commission. Additionally, Oceans Healthcare has earned a place on the Inc. 5000 list of the fastest-growing private companies in America for four consecutive years.

Covetrus

Seed Round in 2021
Covetrus is a company focused on enhancing veterinary care through a combination of production, distribution, and management services. It specializes in supply chain solutions, veterinary practice management software, and prescription management, all aimed at improving health and financial outcomes for veterinary practices. By providing these integral services, Covetrus supports the well-being of animals and the professionals who care for them, contributing to advancements in the field of veterinary medicine.

CityLife Health

Seed Round in 2021
CityLife Health is a healthcare provider operating a network of centers across Philadelphia, Newark, and Camden. The company specializes in urgent and primary care services for children, adolescents, men, and women, addressing a wide range of medical needs including urinary tract infections, erectile dysfunction, yeast infections, and respiratory issues. In addition to medical services, CityLife Health offers community support programs that encompass housing assistance, employment counseling, legal aid, and financial counseling. By focusing on both immediate healthcare needs and broader community services, CityLife Health aims to enhance the overall well-being of the populations it serves.

ArroHealth

Pre Seed Round in 2020
ArroHealth, Inc. is a provider of risk adjustment and HEDIS services tailored for health plans and provider groups. Founded in 1991 and based in Hauppauge, New York, with an additional office in Reno, Nevada, the company specializes in analytics, medical record retrieval, data aggregation, and risk adjustment coding. ArroHealth's offerings enable clients to close care gaps and enhance payment accuracy, thereby improving insights into quality metrics for their members. The company was formerly known as MedSave USA, Inc. before rebranding in March 2015. As of April 2017, ArroHealth operates as a subsidiary of CIOX Health.

PatientPop

Series C in 2020
PatientPop, Inc. is a practice growth platform that aids medical providers in enhancing their operations and patient engagement. Founded in 2014 and based in Santa Monica, California, the company offers a comprehensive suite of services designed to streamline the patient journey. These services include website development, search engine optimization, online scheduling, appointment reminders, reputation management, and integration with electronic medical records. PatientPop's platform focuses on attracting new patients, managing online reputation, and automating front-office tasks, thereby allowing healthcare providers to concentrate on delivering quality patient care. By automating and improving key touchpoints in the patient experience, PatientPop empowers medical practices to thrive in the digital age.

mPulse Mobile

Series C in 2020
mPulse Mobile, Inc. is a healthcare technology company based in Encino, California, specializing in communication solutions designed to enhance consumer health and wellness. The company offers mPulse, a cloud-based intelligent mobile messaging platform that features pre-configured workflows to address various healthcare challenges, including missed appointments, medication adherence, and disease management. Their solutions encompass a wide range of areas such as medication adherence, preventive care and screenings, chronic condition management, and optimization of health plan experiences. By leveraging conversational AI and analytics, mPulse Mobile aims to empower healthcare organizations to engage effectively with their customers, encouraging the adoption of healthier behaviors. Founded in 2014, the company serves diverse sectors, including Medicare, Medicaid, commercial plans, health systems, and wellness initiatives.

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.

LetsGetChecked

Series C in 2020
LetsGetChecked is a healthcare technology company that facilitates at-home health testing. It connects users with regulated laboratories worldwide for various tests, including general wellness, sexual health, women's health, men's health, and COVID-19. Users collect samples at home using provided kits and mail them back for analysis; results are then accessible online. The platform aims to empower individuals to proactively manage their health, offering services across the United States, Canada, and Europe.

RubiconMD

Series C in 2020
RubiconMD, Inc. is a healthcare technology company that offers an online platform facilitating communication between primary care clinicians and specialists through eConsults. Founded in 2013 and headquartered in New York, RubiconMD enables primary care providers to quickly seek guidance and opinions on medical cases, thereby enhancing patient care and reducing costs. The platform allows clinicians to identify specialists based on various criteria, such as ratings and experience, ensuring informed decision-making in patient management. Additionally, RubiconMD provides continuing medical education (CME) programs, including live and on-demand webinars, and features RubiconRx, a clinical pharmacy service that supports medication management for patients. The company serves a diverse clientele, including employers, community health centers, health plans, and direct primary care practices, and also offers services related to electronic health records, workflow integration, and clinician engagement.

Carevive Systems

Series C in 2020
Carevive Systems, Inc. is a healthcare technology company that specializes in enhancing cancer care delivery through its innovative platform. The company offers Carevive PROmpt, a comprehensive software solution designed for treatment planning, patient engagement, symptom management, and survivorship care. This platform includes features such as electronic patient-reported outcomes (ePRO), care coordination tools, and analytics that help oncology practices adapt to value-based care models. Carevive Systems also provides a Risk Stratification model to identify at-risk patients and develops symptom management plans based on clinical data and evidence-based guidelines. Founded in 2013 and based in North Miami, Florida, Carevive Systems aims to improve clinical outcomes and patient experiences by delivering personalized and continuously updated cancer care plans.

DermTech

Post in 2019
DermTech, Inc. is a molecular diagnostic company based in La Jolla, California, focused on developing and marketing innovative non-invasive diagnostic tests for skin cancer and related conditions. The company’s flagship product, the Pigmented Lesion Assay (PLA), is a gene expression test designed to rule out melanoma and eliminate the need for surgical biopsies of atypical pigmented lesions. Additionally, DermTech offers the Nevome test, which serves as an adjunctive reflex test for the PLA, along with adhesive skin sample collection kits and gene expression assays targeting various inflammatory pathways. The company is also working on diagnostic products for non-melanoma skin cancer and risk assessment. DermTech primarily markets its products to pathology and oncology practitioners, leveraging advanced qPCR assays that utilize non-invasive adhesive tape biopsy methods to analyze RNA expression levels in skin samples.

Censinet

Series A in 2019
Censinet, Inc. is a cloud-based platform provider focused on managing third-party risk for healthcare organizations. Established in 2017 and headquartered in Winchester, Massachusetts, Censinet's platform facilitates real-time assessments of risks associated with vendors and third-party providers. By connecting healthcare providers with their vendors, the platform streamlines workflows, automates manual processes, and eliminates reliance on inefficient spreadsheets. Censinet delivers continuous insights into the evolving risk profiles of vendors, enabling healthcare companies to effectively address challenges in managing third-party risks while enhancing overall cybersecurity measures.

InnovaCare Health

Venture Round in 2019
InnovaCare Health Solutions, LLC is a prominent provider of managed healthcare services in North America, focusing on enhancing access to quality and affordable care. Founded in 1998 and headquartered in Fort Lee, New Jersey, the company offers a range of services including managed care, Medicare plans, and physician network services. InnovaCare operates through two primary avenues: Provider Networks and Medicare Advantage, emphasizing sustainable, cost-effective, and technologically integrated healthcare models. The organization is dedicated to fostering strong patient-provider relationships, which it believes are essential for achieving optimal health outcomes and quality of life. By providing integrated health plans and clinical networks, InnovaCare aims to improve the overall healthcare experience for patients, providers, and stakeholders alike, while maintaining a commitment to transparency and quality in healthcare management.

ClearDATA

Series E in 2018
ClearDATA Networks, Inc. specializes in providing cloud computing and information security solutions tailored for the healthcare sector, serving healthcare providers, life sciences organizations, and payers. Established in 2009 and headquartered in Austin, Texas, the company offers a comprehensive multi-cloud platform that automates, protects, and manages healthcare applications and data. Its key products include ClearDATA Comply, a software solution for maintaining healthcare cloud compliance, and ClearDATA Assess, which aids in conducting mandatory HIPAA Security Risk Assessments. Additionally, ClearDATA Locate Mask allows organizations to utilize unstructured datasets while safeguarding sensitive information. The company is recognized for its HITRUST-certified cloud services, which ensure robust data privacy protections and extensive compliance capabilities, helping healthcare organizations leverage data effectively while enhancing operational efficiency.

meQuilibrium

Series C in 2018
meQuilibrium is a digital health company that provides online stress management solutions for individuals and employees. Its clinically validated platform leverages behavioral psychology, neuroscience, and analytics to deliver personalized insights and training programs aimed at enhancing resilience, improving mental well-being, and boosting overall business performance by increasing workforce agility and emotional control.

Regroup

Series B in 2018
Regroup is a provider of integrated telepsychiatry services that facilitates remote psychiatric care through live and interactive video conferencing. The company aims to enhance access to mental health care, allowing patients to overcome barriers such as geographical distances, mobility restrictions, and the time and cost associated with in-person visits. Regroup's services prioritize patient privacy by employing end-to-end encryption to ensure the confidentiality of personal health information. By leveraging technology, Regroup addresses the growing need for accessible mental health resources in a convenient and secure manner.

mPulse Mobile

Series B in 2018
mPulse Mobile, Inc. is a healthcare technology company based in Encino, California, specializing in communication solutions designed to enhance consumer health and wellness. The company offers mPulse, a cloud-based intelligent mobile messaging platform that features pre-configured workflows to address various healthcare challenges, including missed appointments, medication adherence, and disease management. Their solutions encompass a wide range of areas such as medication adherence, preventive care and screenings, chronic condition management, and optimization of health plan experiences. By leveraging conversational AI and analytics, mPulse Mobile aims to empower healthcare organizations to engage effectively with their customers, encouraging the adoption of healthier behaviors. Founded in 2014, the company serves diverse sectors, including Medicare, Medicaid, commercial plans, health systems, and wellness initiatives.

RubiconMD

Series B in 2018
RubiconMD, Inc. is a healthcare technology company that offers an online platform facilitating communication between primary care clinicians and specialists through eConsults. Founded in 2013 and headquartered in New York, RubiconMD enables primary care providers to quickly seek guidance and opinions on medical cases, thereby enhancing patient care and reducing costs. The platform allows clinicians to identify specialists based on various criteria, such as ratings and experience, ensuring informed decision-making in patient management. Additionally, RubiconMD provides continuing medical education (CME) programs, including live and on-demand webinars, and features RubiconRx, a clinical pharmacy service that supports medication management for patients. The company serves a diverse clientele, including employers, community health centers, health plans, and direct primary care practices, and also offers services related to electronic health records, workflow integration, and clinician engagement.

AbleTo

Series D in 2017
AbleTo, Inc. is a provider of virtual behavioral healthcare services in the United States, focusing on conditions such as depression, anxiety, and stress. Established in 2008 and based in New York, the company utilizes a technology-enabled platform to connect patients with a nationwide network of licensed therapists and coaches. AbleTo delivers tele-behavioral health programs aimed at improving health outcomes for individuals with high-risk medical conditions, including heart disease and diabetes. The organization's structured therapy programs are designed to engage those with unmet behavioral health needs, strengthening recovery and self-care for members with chronic or complex clinical issues. AbleTo's commitment to virtual care addresses barriers to access, ensuring that patients receive high-quality support tailored to their needs. The company has demonstrated success in enhancing clinical outcomes while reducing healthcare costs, earning high satisfaction ratings from its users.

Regroup

Series A in 2017
Regroup is a provider of integrated telepsychiatry services that facilitates remote psychiatric care through live and interactive video conferencing. The company aims to enhance access to mental health care, allowing patients to overcome barriers such as geographical distances, mobility restrictions, and the time and cost associated with in-person visits. Regroup's services prioritize patient privacy by employing end-to-end encryption to ensure the confidentiality of personal health information. By leveraging technology, Regroup addresses the growing need for accessible mental health resources in a convenient and secure manner.

ClearDATA

Series D in 2017
ClearDATA Networks, Inc. specializes in providing cloud computing and information security solutions tailored for the healthcare sector, serving healthcare providers, life sciences organizations, and payers. Established in 2009 and headquartered in Austin, Texas, the company offers a comprehensive multi-cloud platform that automates, protects, and manages healthcare applications and data. Its key products include ClearDATA Comply, a software solution for maintaining healthcare cloud compliance, and ClearDATA Assess, which aids in conducting mandatory HIPAA Security Risk Assessments. Additionally, ClearDATA Locate Mask allows organizations to utilize unstructured datasets while safeguarding sensitive information. The company is recognized for its HITRUST-certified cloud services, which ensure robust data privacy protections and extensive compliance capabilities, helping healthcare organizations leverage data effectively while enhancing operational efficiency.

Carevive Systems

Series B in 2016
Carevive Systems, Inc. is a healthcare technology company that specializes in enhancing cancer care delivery through its innovative platform. The company offers Carevive PROmpt, a comprehensive software solution designed for treatment planning, patient engagement, symptom management, and survivorship care. This platform includes features such as electronic patient-reported outcomes (ePRO), care coordination tools, and analytics that help oncology practices adapt to value-based care models. Carevive Systems also provides a Risk Stratification model to identify at-risk patients and develops symptom management plans based on clinical data and evidence-based guidelines. Founded in 2013 and based in North Miami, Florida, Carevive Systems aims to improve clinical outcomes and patient experiences by delivering personalized and continuously updated cancer care plans.

Welltok

Series E in 2016
Welltok is a data-driven enterprise SaaS company based in Denver, Colorado, founded in 2009. It specializes in providing a consumer activation platform that serves the healthcare industry. Welltok’s solutions enable health plans, employers, providers, and public entities to engage consumers with personalized health improvement resources. The platform leverages a vast consumer database and machine learning to facilitate targeted actions, making it easier and more rewarding for individuals to optimize their health and wellbeing. By driving audience engagement in healthy activities, Welltok helps organizations connect with consumers on a personal level, enhancing their overall health outcomes.

OnShift

Series D in 2016
OnShift is a provider of cloud-based human capital management software specifically designed to address workforce challenges in post-acute and long-term care facilities. The company's platform includes a comprehensive suite of tools for hiring, scheduling, employee engagement, and talent acquisition, aimed at enhancing productivity and profitability for healthcare organizations. With features such as predictive analytics and intuitive design, OnShift empowers clients to maintain a consistent and engaged workforce, ultimately driving quality care and reducing operational costs. Thousands of senior living and post-acute care organizations rely on OnShift's solutions to effectively manage their staffing needs and improve overall performance.

mPulse Mobile

Series A in 2016
mPulse Mobile, Inc. is a healthcare technology company based in Encino, California, specializing in communication solutions designed to enhance consumer health and wellness. The company offers mPulse, a cloud-based intelligent mobile messaging platform that features pre-configured workflows to address various healthcare challenges, including missed appointments, medication adherence, and disease management. Their solutions encompass a wide range of areas such as medication adherence, preventive care and screenings, chronic condition management, and optimization of health plan experiences. By leveraging conversational AI and analytics, mPulse Mobile aims to empower healthcare organizations to engage effectively with their customers, encouraging the adoption of healthier behaviors. Founded in 2014, the company serves diverse sectors, including Medicare, Medicaid, commercial plans, health systems, and wellness initiatives.

Binary Fountain

Series A in 2015
Binary Fountain Inc. is a healthcare-focused technology company based in McLean, Virginia, founded in 2003. It offers an online platform designed to help healthcare facilities manage patient feedback through online ratings, reviews, and surveys. The platform utilizes cloud-based technology and natural language processing to extract actionable insights from various data sources, including social media and customer surveys. Its key offerings include the Provider Social Index, which provides healthcare executives with real-time aggregated scores to evaluate physicians' performance in patient experience, and Binary Star Ratings, which enhance consumer engagement by publishing patient experience ratings. By distilling customer feedback into operational intelligence, Binary Fountain enables healthcare organizations to improve patient satisfaction, loyalty, and ultimately drive sustainable business results. As of October 2020, Binary Fountain operates as a subsidiary of Press Ganey Associates, Inc.

AbilTo

Series C in 2015
AbilTo is a national behavioral healthcare provider that offers telehealth services across all fifty states, focusing on individuals experiencing emotional and behavioral challenges due to medical events and life transitions. The company provides support through a network of licensed therapists and behavior coaches who guide participants in an eight-week program aimed at helping them set and achieve personal goals. This program is designed to assist individuals in reclaiming their lives, enhancing their overall happiness, health, and productivity. AbilTo operates under the brand name for various professional services entities that are either managed by or affiliated with AbilTo Inc.

ClearDATA

Series C in 2015
ClearDATA Networks, Inc. specializes in providing cloud computing and information security solutions tailored for the healthcare sector, serving healthcare providers, life sciences organizations, and payers. Established in 2009 and headquartered in Austin, Texas, the company offers a comprehensive multi-cloud platform that automates, protects, and manages healthcare applications and data. Its key products include ClearDATA Comply, a software solution for maintaining healthcare cloud compliance, and ClearDATA Assess, which aids in conducting mandatory HIPAA Security Risk Assessments. Additionally, ClearDATA Locate Mask allows organizations to utilize unstructured datasets while safeguarding sensitive information. The company is recognized for its HITRUST-certified cloud services, which ensure robust data privacy protections and extensive compliance capabilities, helping healthcare organizations leverage data effectively while enhancing operational efficiency.

Aventura Software

Series C in 2015
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.

Imagine Health

Series A in 2015
Imagine Health is an independent healthcare company based in Cottonwood Heights, Utah, founded in 2006. It specializes in creating custom teams of high-quality healthcare providers tailored for employers with large employee concentrations in specific geographic areas within the United States. The company focuses on building ecosystems that include hospitals, specialists, and primary care physicians, primarily serving Fortune 500 companies. Imagine Health identifies top-performing medical facilities and their associated physicians to provide convenient access to local doctors and hospitals. By leveraging employer volume, it negotiates competitive rates for all services, aiming to deliver high-quality care at a lower cost.

Phreesia

Private Equity Round in 2014
Phreesia is a privately held company that provides innovative software solutions aimed at enhancing patient check-in and engagement in healthcare settings. By replacing traditional patient clipboards with a wireless touchscreen device known as the PhreesiaPad, the company automates the check-in process, securely collecting personal health information in compliance with HIPAA regulations. This technology integrates seamlessly with existing electronic medical records, ensuring that physician workflows are not disrupted while capturing comprehensive patient data. Phreesia also improves the patient experience by facilitating appointment preparation, offering relevant health education, and enabling patients to verify previously recorded information. Additionally, the company focuses on activating patients in their care to optimize health outcomes through a range of services, including registration, appointment scheduling, payment processing, and post-appointment surveys. Backed by premier venture capital firms, Phreesia has raised significant funding to support its mission of enhancing the operational and financial performance of healthcare organizations.

Teladoc Health

Series C in 2014
Teladoc Health is a leading virtual healthcare provider that modernizes access to healthcare services through its telehealth platform. The company offers on-demand medical care via mobile devices, the internet, video, and phone, focusing on delivering high-quality, cost-effective solutions. Teladoc's integrated clinical offerings include telehealth services, expert medical opinions, and remote patient monitoring programs for chronic care management. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and provides services in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to transform healthcare delivery, generating revenue primarily from subscription-based access fees. Additionally, it offers visit fees and equipment rental to hospital systems, ensuring comprehensive care solutions for its members.

Spinal Kinetics

Venture Round in 2014
Spinal Kinetics LLC is a medical device company based in Sunnyvale, California, founded in 2003. The company specializes in the design and development of non-fusion motion preservation systems for treating degenerative diseases of the cervical and lumbar spine. Its flagship products, the M6-C and M6-L artificial discs, offer innovative options for artificial cervical and lumbar disc replacements, respectively. These discs are uniquely engineered to replicate the anatomical and biomechanical properties of natural intervertebral discs by incorporating an artificial nucleus and annulus. Spinal Kinetics collaborates with spine surgeons to enhance the effectiveness of its devices, which are distributed in various countries, including Australia, Germany, Spain, and the United Kingdom. The company operates as a subsidiary of Orthofix Medical Inc.

Change Healthcare

Venture Round in 2014
Change Healthcare Inc. is an independent healthcare technology platform focused on enhancing clinical, financial, administrative, and patient engagement outcomes within the U.S. healthcare system. The company operates through three primary segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment provides solutions for financial performance, payment accuracy, and clinical decision management, among other areas. The Network Solutions segment facilitates various financial and administrative transactions, including electronic payments and data aggregation. Meanwhile, the Technology-Enabled Services segment offers solutions for financial management, value-based care, and pharmacy benefits administration. Founded in 2016 and headquartered in Nashville, Tennessee, Change Healthcare emerged from a spinoff of healthcare processing and consulting services previously acquired by McKesson. The company aims to improve efficiency and outcomes for healthcare providers and payers through its comprehensive technology platform.

Transcend Medical

Series C in 2014
Transcend Medical, Inc. is an ophthalmic device company based in Menlo Park, California, focused on developing innovative medical devices for the treatment of glaucoma, a leading cause of irreversible blindness in adults. Founded in 2005, Transcend Medical emerged from ForSight Labs, an incubator dedicated to ophthalmic innovations. The company's flagship product, the CyPass Micro-Stent, is a micro-invasive device designed to be implanted during routine cataract surgery to reduce intraocular pressure. Additionally, Transcend Medical offers the Vold Gonio Lens for use in micro-invasive glaucoma surgeries and provides clinical trial services. The CyPass Micro-Stent received its CE mark in 2008 and has been undergoing evaluation in various clinical studies, including the COMPASS multi-center trial, to assess its effectiveness and safety in treating glaucoma. As of 2016, Transcend Medical operates as a subsidiary of Alcon Holdings, Inc.

OnShift

Series C in 2014
OnShift is a provider of cloud-based human capital management software specifically designed to address workforce challenges in post-acute and long-term care facilities. The company's platform includes a comprehensive suite of tools for hiring, scheduling, employee engagement, and talent acquisition, aimed at enhancing productivity and profitability for healthcare organizations. With features such as predictive analytics and intuitive design, OnShift empowers clients to maintain a consistent and engaged workforce, ultimately driving quality care and reducing operational costs. Thousands of senior living and post-acute care organizations rely on OnShift's solutions to effectively manage their staffing needs and improve overall performance.

MedSave USA

Venture Round in 2013
MedSave has been a leader in a wide range of healthcare services since 1985. They have applied innovative thinking, proprietary technology and a client-focused business model in order to serve their clients with a suite of services that include: Risk Adjustment, Managed Care Administration, Medical Record Retrieval & Coding Services, Third Party Administration for Employer Health Plans, International healthcare cost management services as well as Administrative Back-Office solutions for Hospice Organizations. They are a TPA (Third Party Administrator) for hospitals, healthcare systems and public entities.

Aventura Software

Series B in 2013
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.

Change Healthcare

Series D in 2013
Change Healthcare Inc. is an independent healthcare technology platform focused on enhancing clinical, financial, administrative, and patient engagement outcomes within the U.S. healthcare system. The company operates through three primary segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment provides solutions for financial performance, payment accuracy, and clinical decision management, among other areas. The Network Solutions segment facilitates various financial and administrative transactions, including electronic payments and data aggregation. Meanwhile, the Technology-Enabled Services segment offers solutions for financial management, value-based care, and pharmacy benefits administration. Founded in 2016 and headquartered in Nashville, Tennessee, Change Healthcare emerged from a spinoff of healthcare processing and consulting services previously acquired by McKesson. The company aims to improve efficiency and outcomes for healthcare providers and payers through its comprehensive technology platform.

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.

Medicalis

Venture Round in 2013
Medicalis Corp. specializes in radiology workflow technology solutions for professional radiology groups, imaging centers, hospitals, and at-risk entities in the United States and Canada. Founded in 1999 and based in San Francisco, the company focuses on delivering evidence-based clinical decision support to enhance patient care. Its key offerings include the Medicalis Decision Support Server, which assists users in evaluating the appropriateness of radiology exams by providing access to clinical best-practice guidelines at the point of order entry. Additionally, Medicalis offers the Medicalis Operations Solution to streamline clinical and administrative processes, and the Medicalis Enterprise Worklist, a comprehensive workflow platform designed for enterprise radiologists. As of June 2017, Medicalis operates as a subsidiary of Siemens Healthineers, Inc.

Linkwell Health

Series C in 2013
Linkwell Health Inc. is a company specializing in health and wellness engagement and loyalty programs. Established in 2007 and based in New York, it develops customized incentive and guidance programs tailored for health plans to distribute among their members. By integrating quality content and healthy grocery savings into health plan communications, Linkwell Health motivates members to adopt healthier behaviors. The company collaborates with health plans, brands, and retailers to promote healthier choices among consumers. Additionally, it offers a Healthy Living Engine designed to connect health plans with their members, ultimately driving business objectives and enhancing member engagement. Its solutions aim to improve acquisition, onboarding, and retention while also addressing quality metrics and benefits activation for major healthcare brands.

Nordic

Funding Round in 2013
Based in Madison, Wisconsin, Nordic is the largest consulting practice specializing in Epic software, providing electronic health record (EHR) consulting services to healthcare organizations. Founded in 2010, the company has established itself as an industry leader, consistently earning the top ranking by KLAS for Epic Implementation Support and Staffing since the report's inception in 2012. In the latest Best in KLAS Report, Nordic was recognized as the Category Leader in the "Other Implementation" category, which encompasses services related to revenue cycle, integration, lab, and reporting. With a client base exceeding 125 organizations across 40 states, Nordic collaborates with over a third of Epic's clientele, demonstrating its significant impact and expertise in the healthcare technology sector.

Tandem Diabetes Care

Series D in 2012
Tandem Diabetes Care, Inc. is a medical device company headquartered in San Diego, California, which specializes in the design, development, and commercialization of insulin delivery systems for individuals with insulin-dependent diabetes. Its flagship product, the t:slim X2 insulin delivery system, includes a pump, a 300-unit disposable insulin cartridge, and an infusion set. The company offers advanced features such as Basal-IQ Technology and Control-IQ Technology, along with the Tandem Device Updater for software enhancements. Additionally, Tandem provides the t:connect web-based data management application and the Sugarmate mobile app to support diabetes management for users and their caregivers. Tandem Diabetes Care entered the insulin pump market in 2012 and has since expanded its product line, including the recent launch of the smaller Mobi pump and development of a tubeless pump. The majority of the company’s revenue is generated in the United States, with additional sales from other developed countries.

Nordic

Venture Round in 2012
Based in Madison, Wisconsin, Nordic is the largest consulting practice specializing in Epic software, providing electronic health record (EHR) consulting services to healthcare organizations. Founded in 2010, the company has established itself as an industry leader, consistently earning the top ranking by KLAS for Epic Implementation Support and Staffing since the report's inception in 2012. In the latest Best in KLAS Report, Nordic was recognized as the Category Leader in the "Other Implementation" category, which encompasses services related to revenue cycle, integration, lab, and reporting. With a client base exceeding 125 organizations across 40 states, Nordic collaborates with over a third of Epic's clientele, demonstrating its significant impact and expertise in the healthcare technology sector.

Medicalis

Venture Round in 2012
Medicalis Corp. specializes in radiology workflow technology solutions for professional radiology groups, imaging centers, hospitals, and at-risk entities in the United States and Canada. Founded in 1999 and based in San Francisco, the company focuses on delivering evidence-based clinical decision support to enhance patient care. Its key offerings include the Medicalis Decision Support Server, which assists users in evaluating the appropriateness of radiology exams by providing access to clinical best-practice guidelines at the point of order entry. Additionally, Medicalis offers the Medicalis Operations Solution to streamline clinical and administrative processes, and the Medicalis Enterprise Worklist, a comprehensive workflow platform designed for enterprise radiologists. As of June 2017, Medicalis operates as a subsidiary of Siemens Healthineers, Inc.

Aidin

Venture Round in 2012
Aidin is a company focused on enhancing the discharge planning process for healthcare professionals. It offers a platform that streamlines workflow for social workers by automating the generation of provider listings, thereby reducing administrative burdens and allowing more time for patient engagement. The platform provides patients with access to quality ratings and reviews of post-acute care providers, facilitating informed decision-making. Additionally, Aidin collaborates with hospitals to monitor patient experiences and outcomes, enabling case managers to identify the most effective post-acute providers for various health conditions. Through these efforts, Aidin aims to improve patient satisfaction, expedite discharges, and minimize hospital readmissions.

Transcend Medical

Series B in 2012
Transcend Medical, Inc. is an ophthalmic device company based in Menlo Park, California, focused on developing innovative medical devices for the treatment of glaucoma, a leading cause of irreversible blindness in adults. Founded in 2005, Transcend Medical emerged from ForSight Labs, an incubator dedicated to ophthalmic innovations. The company's flagship product, the CyPass Micro-Stent, is a micro-invasive device designed to be implanted during routine cataract surgery to reduce intraocular pressure. Additionally, Transcend Medical offers the Vold Gonio Lens for use in micro-invasive glaucoma surgeries and provides clinical trial services. The CyPass Micro-Stent received its CE mark in 2008 and has been undergoing evaluation in various clinical studies, including the COMPASS multi-center trial, to assess its effectiveness and safety in treating glaucoma. As of 2016, Transcend Medical operates as a subsidiary of Alcon Holdings, Inc.

Casenet

Venture Round in 2012
Casenet is a developer of customizable care management software solutions aimed at enhancing both individual and population health. The company provides a platform that facilitates efficient care delivery coordination and unique workflow management, integrating various data sources to create a comprehensive view of each member's health status. This approach enables payers and care coordinators to collaborate effectively with consumers and their physicians in making informed clinical decisions. Casenet's offerings include packages for case management, disease management, utilization management, and extended enterprise solutions, all designed to improve productivity and streamline care coordination among clinicians.

Vantage Oncology

Venture Round in 2012
Vantage Oncology, Inc. specializes in providing comprehensive oncology care services, focusing on radiation oncology, medical oncology, and cancer treatment. The company addresses the increasing demand for advanced radiation therapies among cancer patients, hospitals, and physicians. Vantage offers a range of services, including radiation therapy and neurosurgical interventions for various cancer types, such as breast, lung, and prostate cancers. Additionally, Vantage promotes joint venture ownership opportunities, allowing physicians and hospitals to maintain control over their practices while benefiting from the company's extensive network and expertise in radiation oncology. This model not only enhances the capabilities of individual practices but also strengthens the overall quality of cancer care provided to patients.

MedVentive

Series D in 2011
MedVentive is a technology solutions provider specializing in healthcare delivery systems, payers, and employer coalitions. Founded in 1997 by physicians, the company focuses on developing innovative solutions aimed at enhancing the quality of care while reducing associated costs. MedVentive's offerings include quality management, clinical integration, pharmacy management, and point-of-care decision support. Additionally, the company provides a pay-for-performance solution that calculates and tracks clinical measures, delivering tailored patient intervention recommendations. Through these services, MedVentive enables physician groups and integrated delivery systems to implement meaningful changes in their healthcare practices.

Aventura Software

Series A in 2011
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.

Teladoc Health

Series A in 2011
Teladoc Health is a leading virtual healthcare provider that modernizes access to healthcare services through its telehealth platform. The company offers on-demand medical care via mobile devices, the internet, video, and phone, focusing on delivering high-quality, cost-effective solutions. Teladoc's integrated clinical offerings include telehealth services, expert medical opinions, and remote patient monitoring programs for chronic care management. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and provides services in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to transform healthcare delivery, generating revenue primarily from subscription-based access fees. Additionally, it offers visit fees and equipment rental to hospital systems, ensuring comprehensive care solutions for its members.

Valeritas Holdings

Series C in 2011
Valeritas Holdings, Inc. was a medical technology company focused on developing and commercializing innovative solutions for the treatment of Type 2 diabetes. Founded in 2006 and headquartered in Bridgewater, New Jersey, the company offered the V-Go, a wearable insulin delivery device designed for basal-bolus therapy, allowing patients to manage their insulin intake conveniently and discreetly. Valeritas was also working on additional products, including the V-Go Prefill, aimed at simplifying the device-filling process, and V-Go SIM, which would facilitate real-time tracking of dosing utilization. The company marketed its products through third-party wholesalers and medical supply distributors, aiming to enhance the health and quality of life for individuals living with diabetes. However, on June 30, 2020, Valeritas Holdings filed for Chapter 11 bankruptcy, leading to its cessation of operations.

RedBrick Health

Series D in 2011
RedBrick Health is a health technology company based in Minneapolis, founded in 2006 to address the challenges posed by rising healthcare costs. The company offers an innovative approach that combines behavior-based health financing with personalized programs and independent advocacy. RedBrick Health's enterprise platform leverages advanced behavior design and data analytics to promote healthier behaviors and facilitate informed healthcare decisions among consumers. By partnering with employers, health plans, health systems, and accountable care organizations, RedBrick Health aims to enhance population health and well-being initiatives, ultimately delivering improved health outcomes and financial rewards for its clients.

Transcend Medical

Series B in 2011
Transcend Medical, Inc. is an ophthalmic device company based in Menlo Park, California, focused on developing innovative medical devices for the treatment of glaucoma, a leading cause of irreversible blindness in adults. Founded in 2005, Transcend Medical emerged from ForSight Labs, an incubator dedicated to ophthalmic innovations. The company's flagship product, the CyPass Micro-Stent, is a micro-invasive device designed to be implanted during routine cataract surgery to reduce intraocular pressure. Additionally, Transcend Medical offers the Vold Gonio Lens for use in micro-invasive glaucoma surgeries and provides clinical trial services. The CyPass Micro-Stent received its CE mark in 2008 and has been undergoing evaluation in various clinical studies, including the COMPASS multi-center trial, to assess its effectiveness and safety in treating glaucoma. As of 2016, Transcend Medical operates as a subsidiary of Alcon Holdings, Inc.

CombiMatrix

Post in 2011
CombiMatrix Corporation, founded in 1995 and headquartered in Irvine, California, is a provider of clinical molecular diagnostic laboratory services in the United States. The company specializes in pre-implantation genetic screening, prenatal diagnosis, miscarriage analysis, and pediatric developmental disorders. CombiMatrix employs advanced technologies such as single nucleotide polymorphism, chromosomal microarray analysis, next-generation sequencing, fluorescent in situ hybridization, and high-resolution karyotyping to deliver its diagnostic services. These methods allow for the detection of genetic abnormalities that traditional methodologies may overlook, thereby enhancing patient care. CombiMatrix serves a diverse clientele, including commercial insurance companies, healthcare institutions, government payors, and individual patients. As of November 2017, CombiMatrix operates as a subsidiary of Invitae Corporation, continuing its commitment to advancing genetic diagnostics.

Symbion Capital

Venture Round in 2011
Symbion Capital is a prominent accelerator and incubator based in Copenhagen, Denmark, established in 1984. The company aims to foster a supportive entrepreneurial environment where startups can thrive. It provides mentorship, office space, and funding to early-stage businesses, particularly those in knowledge-intensive sectors such as IT, Cleantech, Life Sciences, and consultancy. Symbion Capital operates four business centers that offer workplace solutions, laboratories, and networking opportunities for a community of over 250 entrepreneurs and small companies. The organization aspires to be Denmark's Centre for Entrepreneurship by facilitating the growth of viable businesses and sharing best practices in entrepreneurship.

Linkwell Health

Venture Round in 2010
Linkwell Health Inc. is a company specializing in health and wellness engagement and loyalty programs. Established in 2007 and based in New York, it develops customized incentive and guidance programs tailored for health plans to distribute among their members. By integrating quality content and healthy grocery savings into health plan communications, Linkwell Health motivates members to adopt healthier behaviors. The company collaborates with health plans, brands, and retailers to promote healthier choices among consumers. Additionally, it offers a Healthy Living Engine designed to connect health plans with their members, ultimately driving business objectives and enhancing member engagement. Its solutions aim to improve acquisition, onboarding, and retention while also addressing quality metrics and benefits activation for major healthcare brands.

TYRX

Venture Round in 2010
TyRx is a company specializing in the design, development, and commercialization of resorbable polymeric biomaterials for medical applications. Based in Monmouth Junction, New Jersey, TyRx was founded in 1997. The company offers two primary products: PIVIT CRM, a mesh-based pouch containing antibacterial agents to protect against microbial colonization during and after the surgical implant of generators or defibrillators; and AIGISRx Flat, an antibacterial product designed to prevent infections related to implanted pacemakers and defibrillators.

Phreesia

Series D in 2010
Phreesia is a privately held company that provides innovative software solutions aimed at enhancing patient check-in and engagement in healthcare settings. By replacing traditional patient clipboards with a wireless touchscreen device known as the PhreesiaPad, the company automates the check-in process, securely collecting personal health information in compliance with HIPAA regulations. This technology integrates seamlessly with existing electronic medical records, ensuring that physician workflows are not disrupted while capturing comprehensive patient data. Phreesia also improves the patient experience by facilitating appointment preparation, offering relevant health education, and enabling patients to verify previously recorded information. Additionally, the company focuses on activating patients in their care to optimize health outcomes through a range of services, including registration, appointment scheduling, payment processing, and post-appointment surveys. Backed by premier venture capital firms, Phreesia has raised significant funding to support its mission of enhancing the operational and financial performance of healthcare organizations.

MedVentive

Series C in 2010
MedVentive is a technology solutions provider specializing in healthcare delivery systems, payers, and employer coalitions. Founded in 1997 by physicians, the company focuses on developing innovative solutions aimed at enhancing the quality of care while reducing associated costs. MedVentive's offerings include quality management, clinical integration, pharmacy management, and point-of-care decision support. Additionally, the company provides a pay-for-performance solution that calculates and tracks clinical measures, delivering tailored patient intervention recommendations. Through these services, MedVentive enables physician groups and integrated delivery systems to implement meaningful changes in their healthcare practices.

Phreesia

Series D in 2010
Phreesia is a privately held company that provides innovative software solutions aimed at enhancing patient check-in and engagement in healthcare settings. By replacing traditional patient clipboards with a wireless touchscreen device known as the PhreesiaPad, the company automates the check-in process, securely collecting personal health information in compliance with HIPAA regulations. This technology integrates seamlessly with existing electronic medical records, ensuring that physician workflows are not disrupted while capturing comprehensive patient data. Phreesia also improves the patient experience by facilitating appointment preparation, offering relevant health education, and enabling patients to verify previously recorded information. Additionally, the company focuses on activating patients in their care to optimize health outcomes through a range of services, including registration, appointment scheduling, payment processing, and post-appointment surveys. Backed by premier venture capital firms, Phreesia has raised significant funding to support its mission of enhancing the operational and financial performance of healthcare organizations.

Casenet

Debt Financing in 2010
Casenet is a developer of customizable care management software solutions aimed at enhancing both individual and population health. The company provides a platform that facilitates efficient care delivery coordination and unique workflow management, integrating various data sources to create a comprehensive view of each member's health status. This approach enables payers and care coordinators to collaborate effectively with consumers and their physicians in making informed clinical decisions. Casenet's offerings include packages for case management, disease management, utilization management, and extended enterprise solutions, all designed to improve productivity and streamline care coordination among clinicians.

Seahorse Bioscience

Series D in 2010
Seahorse Bioscience specializes in providing analytical instruments, biomanufacturing systems, and consumable labware for biological research and drug discovery. The company is known for its Seahorse extracellular flux (XF) analyzers, which allow for non-invasive profiling of cellular metabolic activity. These instruments enable researchers to assess key metabolic parameters, such as basal oxygen consumption, glycolysis rates, ATP turnover, and respiratory capacity, thereby facilitating the study of mitochondrial dysfunction. Seahorse Bioscience serves a diverse clientele, including scientists at academic institutions, pharmaceutical and biotech companies, and original equipment manufacturers of assay kits and laboratory instruments.

SensABLE Technologies

Venture Round in 2010
SensAble Technologies, Inc. specializes in the development of force-feedback haptic devices and touch-enabled 3D modeling software solutions. The company offers a range of products, including FreeForm Modeling Systems for medical and dental applications, product design, and digital content creation, as well as The SensAble Dental Lab System for scanning and 3D fabrication. Its PHANTOM Haptic Devices provide force feedback and 3D navigation, while the OpenHaptics software toolkit enables the development of haptic applications. SensAble serves diverse industries such as automotive, dental, fine arts, gaming, and medical, with applications in product design, surgical simulation, and robotic research. Founded in 1993 and based in Woburn, Massachusetts, the company also maintains a sales office in Tokyo, Japan.

Tandem Diabetes Care

Series C in 2010
Tandem Diabetes Care, Inc. is a medical device company headquartered in San Diego, California, which specializes in the design, development, and commercialization of insulin delivery systems for individuals with insulin-dependent diabetes. Its flagship product, the t:slim X2 insulin delivery system, includes a pump, a 300-unit disposable insulin cartridge, and an infusion set. The company offers advanced features such as Basal-IQ Technology and Control-IQ Technology, along with the Tandem Device Updater for software enhancements. Additionally, Tandem provides the t:connect web-based data management application and the Sugarmate mobile app to support diabetes management for users and their caregivers. Tandem Diabetes Care entered the insulin pump market in 2012 and has since expanded its product line, including the recent launch of the smaller Mobi pump and development of a tubeless pump. The majority of the company’s revenue is generated in the United States, with additional sales from other developed countries.

Teladoc Health

Series A in 2009
Teladoc Health is a leading virtual healthcare provider that modernizes access to healthcare services through its telehealth platform. The company offers on-demand medical care via mobile devices, the internet, video, and phone, focusing on delivering high-quality, cost-effective solutions. Teladoc's integrated clinical offerings include telehealth services, expert medical opinions, and remote patient monitoring programs for chronic care management. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and provides services in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to transform healthcare delivery, generating revenue primarily from subscription-based access fees. Additionally, it offers visit fees and equipment rental to hospital systems, ensuring comprehensive care solutions for its members.

MedVentive

Series C in 2009
MedVentive is a technology solutions provider specializing in healthcare delivery systems, payers, and employer coalitions. Founded in 1997 by physicians, the company focuses on developing innovative solutions aimed at enhancing the quality of care while reducing associated costs. MedVentive's offerings include quality management, clinical integration, pharmacy management, and point-of-care decision support. Additionally, the company provides a pay-for-performance solution that calculates and tracks clinical measures, delivering tailored patient intervention recommendations. Through these services, MedVentive enables physician groups and integrated delivery systems to implement meaningful changes in their healthcare practices.

Spinal Kinetics

Debt Financing in 2009
Spinal Kinetics LLC is a medical device company based in Sunnyvale, California, founded in 2003. The company specializes in the design and development of non-fusion motion preservation systems for treating degenerative diseases of the cervical and lumbar spine. Its flagship products, the M6-C and M6-L artificial discs, offer innovative options for artificial cervical and lumbar disc replacements, respectively. These discs are uniquely engineered to replicate the anatomical and biomechanical properties of natural intervertebral discs by incorporating an artificial nucleus and annulus. Spinal Kinetics collaborates with spine surgeons to enhance the effectiveness of its devices, which are distributed in various countries, including Australia, Germany, Spain, and the United Kingdom. The company operates as a subsidiary of Orthofix Medical Inc.

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.

Interlace Medical

Series C in 2009
Interlace Medical, Inc. specializes in designing and developing medical devices tailored for interventional gynecologists. The company's primary focus is on creating innovative solutions for office-based procedures that address gynecological diseases and conditions that have historically necessitated surgical intervention in operating rooms. Among its notable products is the MyoSure hysteroscopic tissue removal system, which is specifically designed for the removal of submucosal fibroids and polyps. Through its advancements, Interlace Medical aims to enhance the efficiency and effectiveness of gynecological treatments, thereby improving patient outcomes.

Transcend Medical

Series B in 2009
Transcend Medical, Inc. is an ophthalmic device company based in Menlo Park, California, focused on developing innovative medical devices for the treatment of glaucoma, a leading cause of irreversible blindness in adults. Founded in 2005, Transcend Medical emerged from ForSight Labs, an incubator dedicated to ophthalmic innovations. The company's flagship product, the CyPass Micro-Stent, is a micro-invasive device designed to be implanted during routine cataract surgery to reduce intraocular pressure. Additionally, Transcend Medical offers the Vold Gonio Lens for use in micro-invasive glaucoma surgeries and provides clinical trial services. The CyPass Micro-Stent received its CE mark in 2008 and has been undergoing evaluation in various clinical studies, including the COMPASS multi-center trial, to assess its effectiveness and safety in treating glaucoma. As of 2016, Transcend Medical operates as a subsidiary of Alcon Holdings, Inc.

Sanovia

Series C in 2009
Sanovia Corporation specializes in pharmacy management services designed to reduce pharmaceutical spending through automated decision-making technology. The company emphasizes various aspects of pharmaceutical administration, including validation, utilization, and cost and workflow management. Additionally, Sanovia addresses issues related to fraud and abuse within the pharmaceutical sector while offering a range of technology services to enhance efficiency and effectiveness in these areas.

Seahorse Bioscience

Series D in 2009
Seahorse Bioscience specializes in providing analytical instruments, biomanufacturing systems, and consumable labware for biological research and drug discovery. The company is known for its Seahorse extracellular flux (XF) analyzers, which allow for non-invasive profiling of cellular metabolic activity. These instruments enable researchers to assess key metabolic parameters, such as basal oxygen consumption, glycolysis rates, ATP turnover, and respiratory capacity, thereby facilitating the study of mitochondrial dysfunction. Seahorse Bioscience serves a diverse clientele, including scientists at academic institutions, pharmaceutical and biotech companies, and original equipment manufacturers of assay kits and laboratory instruments.

Pathway Medical Technologies

Series D in 2009
Pathway Medical Technologies Inc. specializes in the design, development, manufacturing, and marketing of medical devices aimed at treating arterial and vascular diseases. The company focuses on addressing peripheral arterial disease through its innovative atherectomy catheter, which is engineered to restore circulation in peripheral arteries by effectively removing hard and soft plaque, calcium deposits, thrombus, and fibrotic lesions. Accompanying this device is a control pod that offers a user-friendly interface with keypad controls for seamless operation. Pathway Medical Technologies is dedicated to providing safe and effective treatment options for patients suffering from arterial diseases.

Phreesia

Series C in 2009
Phreesia is a privately held company that provides innovative software solutions aimed at enhancing patient check-in and engagement in healthcare settings. By replacing traditional patient clipboards with a wireless touchscreen device known as the PhreesiaPad, the company automates the check-in process, securely collecting personal health information in compliance with HIPAA regulations. This technology integrates seamlessly with existing electronic medical records, ensuring that physician workflows are not disrupted while capturing comprehensive patient data. Phreesia also improves the patient experience by facilitating appointment preparation, offering relevant health education, and enabling patients to verify previously recorded information. Additionally, the company focuses on activating patients in their care to optimize health outcomes through a range of services, including registration, appointment scheduling, payment processing, and post-appointment surveys. Backed by premier venture capital firms, Phreesia has raised significant funding to support its mission of enhancing the operational and financial performance of healthcare organizations.

Valeritas Holdings

Series A in 2008
Valeritas Holdings, Inc. was a medical technology company focused on developing and commercializing innovative solutions for the treatment of Type 2 diabetes. Founded in 2006 and headquartered in Bridgewater, New Jersey, the company offered the V-Go, a wearable insulin delivery device designed for basal-bolus therapy, allowing patients to manage their insulin intake conveniently and discreetly. Valeritas was also working on additional products, including the V-Go Prefill, aimed at simplifying the device-filling process, and V-Go SIM, which would facilitate real-time tracking of dosing utilization. The company marketed its products through third-party wholesalers and medical supply distributors, aiming to enhance the health and quality of life for individuals living with diabetes. However, on June 30, 2020, Valeritas Holdings filed for Chapter 11 bankruptcy, leading to its cessation of operations.

Medicalis

Series B in 2008
Medicalis Corp. specializes in radiology workflow technology solutions for professional radiology groups, imaging centers, hospitals, and at-risk entities in the United States and Canada. Founded in 1999 and based in San Francisco, the company focuses on delivering evidence-based clinical decision support to enhance patient care. Its key offerings include the Medicalis Decision Support Server, which assists users in evaluating the appropriateness of radiology exams by providing access to clinical best-practice guidelines at the point of order entry. Additionally, Medicalis offers the Medicalis Operations Solution to streamline clinical and administrative processes, and the Medicalis Enterprise Worklist, a comprehensive workflow platform designed for enterprise radiologists. As of June 2017, Medicalis operates as a subsidiary of Siemens Healthineers, Inc.

MedVentive

Series B in 2008
MedVentive is a technology solutions provider specializing in healthcare delivery systems, payers, and employer coalitions. Founded in 1997 by physicians, the company focuses on developing innovative solutions aimed at enhancing the quality of care while reducing associated costs. MedVentive's offerings include quality management, clinical integration, pharmacy management, and point-of-care decision support. Additionally, the company provides a pay-for-performance solution that calculates and tracks clinical measures, delivering tailored patient intervention recommendations. Through these services, MedVentive enables physician groups and integrated delivery systems to implement meaningful changes in their healthcare practices.

Aperio Technologies

Series C in 2008
Aperio Technologies is a prominent provider of digital pathology solutions, serving hospitals, reference laboratories, and pharmaceutical and research institutions globally. The company offers a comprehensive product portfolio designed to enhance patient care through improved quality assurance and more efficient workflows. Its offerings include ScanScope scanners, Spectrum image management software, the SecondSlide slide sharing service, and various image analysis tools and services. Aperio's products are FDA cleared for specific clinical applications and are also intended for research and educational purposes in other areas. By focusing on accessibility and educational support for pathologists, Aperio aims to facilitate access to new and targeted therapies while enhancing the overall quality of pathology services.

Pathway Medical Technologies

Series C in 2008
Pathway Medical Technologies Inc. specializes in the design, development, manufacturing, and marketing of medical devices aimed at treating arterial and vascular diseases. The company focuses on addressing peripheral arterial disease through its innovative atherectomy catheter, which is engineered to restore circulation in peripheral arteries by effectively removing hard and soft plaque, calcium deposits, thrombus, and fibrotic lesions. Accompanying this device is a control pod that offers a user-friendly interface with keypad controls for seamless operation. Pathway Medical Technologies is dedicated to providing safe and effective treatment options for patients suffering from arterial diseases.

Incipient

Series E in 2008
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

Vericare

Series B in 2007
Vericare Management Inc. specializes in providing behavioral healthcare and wellness programs tailored for elderly patients in skilled nursing facilities and long-term care settings across the United States. Founded in 1991 and based in San Diego, California, the company offers a comprehensive range of services, including neuropsychological assessments, individual psychotherapy, psychotropic medication management, behavior management, rehabilitation support, family therapy, and group therapy. Vericare partners with various long-term care facilities to deliver compassionate care and multidisciplinary interventions aimed at improving the mental health and overall well-being of its patients. Previously known as Senior Psychology Services, Vericare operates in several states, including California, Pennsylvania, Texas, New Jersey, Florida, Indiana, Delaware, Tennessee, and North Carolina. In 2016, Vericare became a subsidiary of Med Options, Inc.
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