Sunwater Capital

Sunwater Capital is a private equity firm established in 2017 and located in North Bethesda, Maryland. The firm specializes in investment management across several sectors, including real estate, property technology, healthcare, and information. Sunwater Capital focuses on various real estate asset classes, such as existing properties, value-added assets, and ground-up development projects. Additionally, the firm invests in businesses that leverage data and analytics, healthcare technology, and innovative materials and technologies that enhance the creation, maintenance, and management of built environments. The firm was co-founded by Stephany Yu and Matthew Chervenak.

Ben Bulloch

Managing Director

Matthew Chervenak

Founder and General Partner

Graham Gilkerson

Director, Healthcare and Information

2 past transactions

Troy Medicare

Series B in 2020
Troy Medicare is a pharmacy-powered Medicare Advantage company established in 2019 and headquartered in Charlotte, North Carolina. The company focuses on delivering personalized Medicare health plans, utilizing data and technology to enhance access to fair and transparent healthcare options. By collaborating with pharmacies and healthcare providers, Troy Medicare aims to significantly improve patient health outcomes and incentivize providers based on these results. The company's approach emphasizes individual needs, ensuring that members receive tailored support to navigate their healthcare journey effectively.

VEDA Data Solutions

Series A in 2020
VEDA Data Solutions, Inc. specializes in providing automated data science and machine learning solutions tailored for healthcare directories. Founded in 2015 and headquartered in Washington, D.C., with an additional location in Madison, Wisconsin, VEDA offers innovative products such as Alchemy, which streamlines workflows and enhances data transformation for healthcare networks and rosters. Another key offering, Sentinel, serves as a data monitoring engine that efficiently reads, interprets, translates, and exports various roster and claims data. By automating these processes, VEDA addresses the critical challenges faced by healthcare payers and networks, enabling them to access essential data insights without the need for costly and scarce data scientists.
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