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. The firm has a strong track record, having supported over 60 privately held healthcare companies by providing expertise and resources to help transform innovative ideas into successful market ventures. HLM Venture Partners manages multiple funds, including the HLM Opportunities Fund and HLM Venture Partners III, which focus on areas such as healthcare devices, services, life sciences, and healthcare technology systems. With a commitment to integrity and a solid reputation, HLM Venture Partners is dedicated to fostering the growth of emerging healthcare companies across the United States.

Edward L. Cahill

Partner

Vincent J. Fabiani

Partner

Vin Fabiani

Partner

Sophie Mussafer Griffin

Senior Venture Associate

Peter Grua

Partner

Enrico Picozza

Partner

Steven F. Tolle

Partner

Michael Wong

Chief Financial Officer

128 past transactions

Tebra

Series B in 2022
Tebra is a medical technology company focused on supporting independent healthcare practices through a comprehensive digital platform. The company's tools help these practices attract more patients, manage care effectively with a certified electronic health record (EHR) system, and enhance patient engagement and billing management. By providing a unified solution to address the challenges faced by independent practices, Tebra aims to improve operational efficiency and ultimately contribute to better healthcare outcomes for patients. The platform serves as an essential resource for healthcare professionals seeking to navigate the complexities of the industry and thrive in a competitive market.

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.

mPulse Mobile

Venture Round in 2022
mPulse Mobile, Inc. specializes in healthcare communication technology, focusing on enhancing consumer health and wellness through its cloud-based mobile messaging platform. This intelligent platform features pre-configured message workflows designed to address issues such as missed appointments, medication adherence, and chronic disease management. The company's solutions cater to a range of healthcare needs, including Medicaid preventive care, medication adherence, chronic condition management, and optimizing health plan experiences. With over a decade of experience, mPulse Mobile has successfully delivered more than a hundred million messages and serves a diverse clientele that includes Medicare, Medicaid, commercial plans, health systems, and pharmacies. Headquartered in Encino, California, mPulse Mobile leverages technology, analytics, and industry expertise to foster healthy behavior change and improve health outcomes for individuals and healthcare organizations alike.

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).

Wayspring

Series D in 2021
Wayspring, formerly known as Axial Healthcare, Inc., is a Nashville-based company that develops a cloud-based clinical decision support platform aimed at managing the cost and quality of patient care, particularly in the realm of substance use disorders (SUD). The platform connects patients, healthcare providers, and health plans, offering individualized solutions that span the entire spectrum of substance use, from risk assessment to recovery. It includes features such as predictive analytics and a decision-support system that provides insights into pain management and opioid-related risks. The technology facilitates data-driven decision-making at the point of care, equipping healthcare professionals with essential tools and information to identify at-risk patients and ensure continuity of care. Through its interactive platform, Wayspring aims to improve healthcare outcomes by mending fragmented care systems and supporting patients on their recovery journey.

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.

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.

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.

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.

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.

PatientPop

Series C in 2020
PatientPop, Inc. is a practice growth platform designed to enhance the operational efficiency of medical providers. Founded in 2014 and based in Santa Monica, California, the company offers a comprehensive suite of services that includes website development, search engine optimization, social media management, online advertising, appointment scheduling, and reputation management. By streamlining various aspects of the patient journey—from initial online engagement to post-appointment follow-up—PatientPop enables healthcare providers to attract more patients and improve their overall online presence. Its solutions aim to modernize the patient experience and automate front office tasks, allowing medical professionals to focus more on patient care.

mPulse Mobile

Series C in 2020
mPulse Mobile, Inc. specializes in healthcare communication technology, focusing on enhancing consumer health and wellness through its cloud-based mobile messaging platform. This intelligent platform features pre-configured message workflows designed to address issues such as missed appointments, medication adherence, and chronic disease management. The company's solutions cater to a range of healthcare needs, including Medicaid preventive care, medication adherence, chronic condition management, and optimizing health plan experiences. With over a decade of experience, mPulse Mobile has successfully delivered more than a hundred million messages and serves a diverse clientele that includes Medicare, Medicaid, commercial plans, health systems, and pharmacies. Headquartered in Encino, California, mPulse Mobile leverages technology, analytics, and industry expertise to foster healthy behavior change and improve health outcomes for individuals and healthcare organizations alike.

Ascellus

Venture Round in 2020
Ascellus is a behavioral health provider based in St. Petersburg, Florida, that focuses on helping injured workers regain their physical and emotional well-being. Established in 2009, the company operates trauma prevention and treatment clinics that offer specialized telehealth services and work-focused cognitive-behavioral therapy (CBT). By delivering customized treatment options, Ascellus aims to reduce costs associated with workers' compensation claims and facilitate a quicker return to work for injured employees. The company's approach empowers doctors and practitioners to effectively address the needs of injured workers, supporting their recovery and overall health.

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 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.

RubiconMD

Series C in 2020
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

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.

DermTech

Post in 2019
DermTech, Inc. is a molecular diagnostic company based in La Jolla, California, focused on developing and marketing non-invasive diagnostic tests for skin cancer and related conditions in the United States. The company's primary product is the Pigmented Lesion Assay (PLA), a gene expression test designed to rule out melanoma, potentially reducing the need for surgical biopsies of atypical pigmented lesions. Additionally, DermTech offers the Nevome test as an adjunctive reflex to the PLA, as well as adhesive skin sample collection kits and assays that evaluate various inflammatory pathways. The company is also engaged in developing diagnostics for non-melanoma skin cancers and their risk assessments. DermTech primarily serves pathology and oncology practitioners, providing its innovative assays through a CLIA-certified laboratory in San Diego, utilizing a non-invasive adhesive tape biopsy method to collect skin samples for analysis.

Censinet

Series A in 2019
Censinet, Inc. is a provider of a cloud-based platform designed specifically for healthcare providers to manage vendor risk effectively. Established in 2017 and headquartered in Winchester, Massachusetts, Censinet offers a solution that streamlines workflows and standardizes risk assessments, enabling healthcare organizations to navigate the complexities of third-party vendor relationships. The platform automates previously inefficient processes and delivers continuous, real-time insights into vendor profiles, thereby enhancing transparency and informed decision-making. By focusing exclusively on the needs of healthcare providers, Censinet has positioned itself as a unique player in the market, offering a collaborative approach to vendor risk management that addresses critical challenges and gaps faced by the industry.

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.

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.

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.

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.

mPulse Mobile

Series B in 2018
mPulse Mobile, Inc. specializes in healthcare communication technology, focusing on enhancing consumer health and wellness through its cloud-based mobile messaging platform. This intelligent platform features pre-configured message workflows designed to address issues such as missed appointments, medication adherence, and chronic disease management. The company's solutions cater to a range of healthcare needs, including Medicaid preventive care, medication adherence, chronic condition management, and optimizing health plan experiences. With over a decade of experience, mPulse Mobile has successfully delivered more than a hundred million messages and serves a diverse clientele that includes Medicare, Medicaid, commercial plans, health systems, and pharmacies. Headquartered in Encino, California, mPulse Mobile leverages technology, analytics, and industry expertise to foster healthy behavior change and improve health outcomes for individuals and healthcare organizations alike.

RubiconMD

Series B in 2018
RubiconMD, Inc. is a New York-based company that provides an online platform designed to facilitate communication between primary care clinicians and specialists through its eConsult service. This platform enables primary care providers to discuss cases with top specialists, thereby improving patient care and reducing costs. In addition to eConsults, RubiconMD offers a range of services, including a continuing medical education (CME) credit program, live and on-demand CME webinars, and RubiconRx, a clinical pharmacy platform that supports medication access for patients. The company also provides integration services for electronic health records, onboarding and implementation support, and clinician engagement. Founded in 2013, RubiconMD serves a diverse clientele that includes employers, community health centers, correctional health clinicians, health plans, health systems, and direct primary care practices.

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.

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.

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.

Carevive Systems

Series B in 2016
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.

Welltok

Series E in 2016
Welltok is a data-driven, enterprise SaaS company that delivers the healthcare industry’s leading consumer activation platform. Welltok’s solutions empower health plans, employers, providers, and public entities to connect consumers with personalized health improvement resources, making it easy and rewarding for consumers to complete actions that optimize their health and wellbeing. The company was founded in 2009 and headquartered in Denver, Colorado.

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.

mPulse Mobile

Series A in 2016
mPulse Mobile, Inc. specializes in healthcare communication technology, focusing on enhancing consumer health and wellness through its cloud-based mobile messaging platform. This intelligent platform features pre-configured message workflows designed to address issues such as missed appointments, medication adherence, and chronic disease management. The company's solutions cater to a range of healthcare needs, including Medicaid preventive care, medication adherence, chronic condition management, and optimizing health plan experiences. With over a decade of experience, mPulse Mobile has successfully delivered more than a hundred million messages and serves a diverse clientele that includes Medicare, Medicaid, commercial plans, health systems, and pharmacies. Headquartered in Encino, California, mPulse Mobile leverages technology, analytics, and industry expertise to foster healthy behavior change and improve health outcomes for individuals and healthcare organizations alike.

Binary Fountain

Series A in 2015
Binary Fountain Inc. is a healthcare-focused company based in McLean, Virginia, specializing in cloud-based patient feedback management solutions. Founded in 2003, the company provides an online platform that enables healthcare systems, hospitals, and physician practices to effectively manage patient feedback through online ratings, reviews, and surveys. Its offerings include the Provider Social Index, which aggregates patient experience data into a real-time score, and Binary Star Ratings, aimed at enhancing online consumer engagement by publishing insights from patient surveys. By leveraging natural language processing and integrating diverse data sources, Binary Fountain helps healthcare providers turn customer feedback into actionable insights, thereby improving patient satisfaction, loyalty, and operational efficiency. 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, with a network of licensed practitioners in all fifty states. Using a secure telehealth approach, we support individuals facing emotional and behavioral challenges brought on by medical events and life transitions. The company's therapists and behavior coaches help people reclaim their lives. During an eight-week program, participants learn to set achievable goals that get them back on the path to being happier, healthier, and more productive. AbilTo is the brand name used for products and services provided by professional services entities, including AbilTo Behavioral Health Services, P.C. and Sprata Behavioral Licensed Clinical Social Work Services, PLLC., that are managed by or affiliated with AbilTo Inc., a management company.

ClearDATA

Series C in 2015
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.

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.

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.

Phreesia

Private Equity Round in 2014
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

Teladoc

Series C in 2014
Teladoc is a healthcare organization dedicated to improving access to medical services and enhancing patient experiences globally. It offers a range of integrated clinical solutions, including telehealth, expert medical consultations, artificial intelligence, and analytics, aimed at providing high-quality care at lower costs. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and supports communication in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to revolutionize care delivery, ensuring that patients can access medical professionals anytime, day or night. Through its innovative approach, Teladoc seeks to improve health outcomes for individuals worldwide.

Spinal Kinetics

Venture Round in 2014
Spinal Kinetics LLC is a medical device company based in Sunnyvale, California, specializing in the design and development of non-fusion motion preservation systems for degenerative diseases of the cervical and lumbar spine. Founded in 2003, the company offers the M6-C artificial cervical disc and the M6-L artificial lumbar disc, both designed to replicate the anatomical and biomechanical properties of natural intervertebral discs. The M6 products incorporate an artificial nucleus and annulus to mimic a natural disc's structure. Spinal Kinetics distributes its products through a network of partners across multiple countries, including Australia, Canada, and various European nations. As a subsidiary of Orthofix Medical Inc., Spinal Kinetics collaborates with spine surgeons to advance innovative treatment options in spinal health.

Change Healthcare

Venture Round in 2014
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.

Transcend Medical

Series C in 2014
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.

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.

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 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.

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® 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.

Linkwell Health

Series C in 2013
Linkwell Health Inc. specializes in developing health and wellness engagement programs aimed at motivating consumers to make healthier choices. The company creates customized incentive and guidance programs for health plans, integrating engaging content and savings opportunities into their communication strategies. By collaborating with health plans, brands, and retailers, Linkwell Health encourages members to adopt healthier behaviors through a combination of print and digital content, as well as coupons for healthier products. Their Healthy Living Engine serves as a tool for health plans to connect with members and achieve business objectives. Founded in 2007 and headquartered in New York, Linkwell Health focuses on enhancing consumer engagement and improving overall health and wellbeing through informed purchasing decisions.

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.

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.

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.

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 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.

Casenet

Venture Round in 2012
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.

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.

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.

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

Series A in 2011
Teladoc is a healthcare organization dedicated to improving access to medical services and enhancing patient experiences globally. It offers a range of integrated clinical solutions, including telehealth, expert medical consultations, artificial intelligence, and analytics, aimed at providing high-quality care at lower costs. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and supports communication in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to revolutionize care delivery, ensuring that patients can access medical professionals anytime, day or night. Through its innovative approach, Teladoc seeks to improve health outcomes for individuals worldwide.

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.

RedBrick Health

Series D in 2011
RedBrick Health is a health engagement and behavior-based technology company based in Minneapolis, founded in 2006. The company offers innovative solutions to address rising healthcare costs by combining behavior-based health financing with personalized programs and independent advocacy. RedBrick Health assists employers, health plans, health systems, and accountable care organizations in enhancing consumer health outcomes. Their technology-enabled enterprise platform leverages advanced behavior design and data analytics to promote healthier behaviors and informed healthcare decisions. By creating effective consumer experiences, RedBrick Health helps organizations optimize their health and wellness initiatives, ultimately improving the performance of population health and well-being programs.

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.

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.

Symbion

Venture Round in 2011
Symbion is a prominent entrepreneurial hub in Denmark, established in 1984, that fosters the growth of startups and small companies. Based in Copenhagen, it provides an environment where entrepreneurs can connect, share knowledge, and develop their businesses. With a network of over 250 entrepreneurs and firms focused on knowledge-intensive sectors such as IT, Cleantech, and Life Sciences, Symbion offers essential resources, including office spaces, laboratories, and mentorship. The organization also includes Symbion Capital, which specializes in investing in pre-seed, startup, and early-stage companies, further supporting entrepreneurs with funding and business development opportunities. Through its four business centers, Symbion aims to be Denmark's leading center for entrepreneurship by creating conducive physical environments and sharing best practices.

Linkwell Health

Venture Round in 2010
Linkwell Health Inc. specializes in developing health and wellness engagement programs aimed at motivating consumers to make healthier choices. The company creates customized incentive and guidance programs for health plans, integrating engaging content and savings opportunities into their communication strategies. By collaborating with health plans, brands, and retailers, Linkwell Health encourages members to adopt healthier behaviors through a combination of print and digital content, as well as coupons for healthier products. Their Healthy Living Engine serves as a tool for health plans to connect with members and achieve business objectives. Founded in 2007 and headquartered in New York, Linkwell Health focuses on enhancing consumer engagement and improving overall health and wellbeing through informed purchasing decisions.

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.

Phreesia

Series D in 2010
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

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.

Phreesia

Series D in 2010
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

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.

SensAble Technologies

Venture Round in 2010
SensAble Technologies, Inc. offers force-feedback haptic devices and touch-enabled 3D modeling software solutions. Its products include FreeForm Modeling Systems, which are 3D touch-enabled systems for medical and dental modeling, product design, digital content creation, and fine arts; and The SensAble Dental Lab System, a digital system for scanning, 3D modeling and design, and 3D fabrication. The company also provides PHANTOM Haptic Devices, which deliver force feedback, 3D navigation, and virtual workspaces; and OpenHaptics, a software development toolkit for developing haptic applications. In addition, it offers 3D touch-enabled modeling systems, software and devices, and 3D modeling software, and sculptural modeling for digital content creation and fine arts. SensAble Technologies serves academic/education, automotive/motorcycle, ceramics, characters and creatures, collectibles/giftware, confectionary, consumer products, dental, engraving, relief and flatware, facial reconstruction, film and video, fine arts and sculpture, footwear, games, home decor and housewares, jewelry, medical, packaging, personal care products, sporting goods, tooling, toys and promotional, assembly path planning, molecular modeling, simulation and visualization, and training industries. The company's products are used in product design, medical and dental modeling, digital content creation, fine arts applications, surgical simulation and stroke rehabilitation, dental restorations, and research and robotic applications. It offers its products through inside sales channels and resellers. The company was founded as SensAble Devices, Inc. in 1993 and changed its name to SensAble Technologies, Inc. in 1996. SensAble Technologies, Inc. is based in Woburn, Massachusetts with a sales office in Tokyo, Japan.

Seahorse Bioscience

Series D in 2010
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.

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.

Teladoc

Series A in 2009
Teladoc is a healthcare organization dedicated to improving access to medical services and enhancing patient experiences globally. It offers a range of integrated clinical solutions, including telehealth, expert medical consultations, artificial intelligence, and analytics, aimed at providing high-quality care at lower costs. With a workforce of over 2,000 employees, Teladoc operates in 125 countries and supports communication in more than 20 languages. The company collaborates with employers, hospitals, health systems, and insurers to revolutionize care delivery, ensuring that patients can access medical professionals anytime, day or night. Through its innovative approach, Teladoc seeks to improve health outcomes for individuals worldwide.

MedVentive

Series C in 2009
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.

Spinal Kinetics

Debt Financing in 2009
Spinal Kinetics LLC is a medical device company based in Sunnyvale, California, specializing in the design and development of non-fusion motion preservation systems for degenerative diseases of the cervical and lumbar spine. Founded in 2003, the company offers the M6-C artificial cervical disc and the M6-L artificial lumbar disc, both designed to replicate the anatomical and biomechanical properties of natural intervertebral discs. The M6 products incorporate an artificial nucleus and annulus to mimic a natural disc's structure. Spinal Kinetics distributes its products through a network of partners across multiple countries, including Australia, Canada, and various European nations. As a subsidiary of Orthofix Medical Inc., Spinal Kinetics collaborates with spine surgeons to advance innovative treatment options in spinal health.

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. 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.

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.

Sanovia Corporation

Series C in 2009
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.

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

Phreesia

Series C in 2009
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

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.

Medicalis

Series B in 2008
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.

MedVentive

Series B in 2008
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.

Aperio Technologies

Series C in 2008
Aperio is the leading provider of digital pathology solutions in hospitals, reference labs, and pharmaceutical and research institutions across the world. Today, our affordable and complete product portfolio improves patient care by enhancing quality assurance, delivering more efficient workflows, facilitating access to new and more targeted therapies, and improving pathologists' skills via lifelong education. Our comprehensive product line features our ScanScope® scanners, Spectrum™ image management (PACS) software, SecondSlide® slide sharing service for pathology, and image analysis tools and services. Aperio's products are FDA cleared for specific clinical applications, and are intended for research and education use for other applications.
Pathway Medical Technologies Inc. designs, develops, manufactures, and markets medical devices for the treatment of arterial and vascular diseases.

Incipient

Series E in 2008
Incipient is a company that specializes in developing enterprise-class storage solutions, focusing on storage area networks (SAN), storage virtualization, and automated data migration software. Its offerings include Automated Data Migration Software, which assists in various data migration projects such as data center relocations and storage array upgrades, and Network Storage Platform Software, which integrates storage virtualization with management capabilities for efficient data movement across SAN environments. Additionally, Incipient provides services such as automated storage provisioning, data copy services, and data protection solutions. The company targets markets related to data migration and storage management and distributes its products through channel partners. Founded in 2001, Incipient is headquartered in Waltham, Massachusetts.

Vericare Management

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 range of services including neuropsychological assessments, individual psychotherapy, psychotropic medication management, behavior management, rehabilitation support, family therapy, and group therapy. Vericare Management serves patients in several states, including California, Pennsylvania, Texas, New Jersey, Florida, Indiana, Delaware, Tennessee, and North Carolina. Previously known as Senior Psychology Services, the company has been functioning as a subsidiary of Med Options, Inc. since 2016.

Casenet

Series B in 2007
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.

Phreesia

Series B in 2007
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

BioProcessors

Series C in 2007
BioProcessors is an online platform that assists its clients in the development of drugs. BioProcessors was launched in 2000 and is based in California.

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.

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.

Phreesia

Series A in 2006
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.
Pathway Medical Technologies Inc. designs, develops, manufactures, and markets medical devices for the treatment of arterial and vascular diseases.