From CVS Health and Centene to several BCBS affiliates, this is where eight payer venture arms have recently invested:
- Kaiser Permanente Ventures said Nov. 14 it led a $12 million funding round for Validic, a digital health company focused on remote patient monitoring.
- General Catalyst said Nov. 14 it led a $90 million series E funding round for virtual care provider Maven Clinic. CVS Health Ventures and Intermountain Ventures, the venture capital arm of Salt Lake City-based Intermountain Healthcare, also joined the funding round.
- Nymbl Science, a digital fall prevention company, said Nov. 14 it has received $12 million through a funding round led by Cobalt Ventures, BCBS of Kansas City's venture fund. BCBS of Alabama's venture fund, 450 Ventures, was also among the backers.
- Valera Health, a virtual mental healthcare provider, said Oct. 31 it has received $44.5 million in funding, backed by Cigna Ventures and BCBS of Arizona venture fund Trinnovate Ventures.
- Sonara Health said Oct. 4 it raised $3 million in seed round funding from Blue Cross Blue Shield of Kansas and First Trust Capital Partners, an investment firm whose portfolio includes several healthcare startups.
- Hazel Health, a telehealth provider, said Oct. 27 it closed on a $51.5 million series C1 funding round that included Houston-based Memorial Hermann Health System, Centene and the California Health Care Foundation.