About Health Velocity Capital. Registration or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. In addition to Health Velocity Capital, other participating investors included U.S. Venture Partners, Chicago Ventures, and Epic Ventures. chatbot, employee benefits, Health Velocity Capital, HealthJoy, Startups, U.S. Venture Partners. Aspire was co-founded and backed by former U.S. Sen. Bill Frist M.D., who was the U.S. Senate Majority Leader and who is a partner in PE Cressey & Company and co-founder of early-stage VC Frist Cressey Ventures, among his other business, civic and philanthropic roles. DEAF RELAY: (Hearing or Speech Impaired) 711 or 1-800-735-2942 Marty is a venture capital and growth stage investor who has focused exclusively on investing in and working with innovative health care services and health care software companies since 1992. Crosby also said its portfolio companies will typically be operating in the context of one or more of the firm's guiding themes: The firm was created about 18 months ago and its portfolio interests now include minority positions with board seats in: According to Crunchbase and other sources online, various HVC portfolio companies have also received institutional and/or strategic investments from Blue Cross Blue Shield Venture Partners, CIGNA, Draper Triangle, Health Care Service Corporation, Heritage Group, Industry Ventures, Noro-Moseley Partners, Novo Holdings, Sandbox Industries, HLM Venture Partners, McKesson Ventures, and South Central Inc. (the Evansville-based Engelbrecht family office). Join to Connect Health Velocity Capital. Health Velocity Capital invests in growth stage healthcare companies contributing to a more affordable, sustainable, and consumer-friendly healthcare system. Velocity Health Capital operates a healthcare investment banking firm focused upon growth companies. Health Velocity Capital Partner, Bruce Crosby, participated in Nashville Health Care Council Panel "Financing the Deal". CHICAGO (PRWEB) February 24, 2020. Healthcare Cyberattackers Keep Outsmarting Healthcare IT Providers VHC offers mergers and acquisitions advisory services for sponsors and companies with transaction values from $10 million to $200 million, including buyside and sellside assignments. A month ago, Cigna announced formation of its Cigna Ventures fund, with an initial $250MM committed. Reared in the NYC-area, his career has taken him into innovation, VC and M&A roles entirely within the healthcare sector, with duties at Louisville-based Humana (based in the Bay Area); with NY-based BOA Merrill Lynch; and, with two growth-equity players based in Greenwich: Ferrer Freeman & Co. and Peleton Equity. more Embed. COVID-19 pandemic has underscored the need for a healthcare system that can help patients easily navigate healthcare concerns as well as price transparency. We invest exclusively in innovative healthcare software and services businesses. The Iowa Department of Public Health is housed in the Lucas State Office Building which is located directly east of the Iowa State Capitol. The firm seeks to make growth-stage investments in the healthcare software and service sectors. In turn, we help our strategic partners identify successful innovative themes and companies that can positively impact their organizations and adopt best practices in this rapidly changing healthcare environment.". More than half of consumers say they are likely to use recommended providers or facilities if they receive a financial reward. Health Velocity Capital General Information Description. Since inception, Health Velocity has invested in five companies, including one in Nashville and two in Brentwood. Spanning three decades as investors, entrepreneurs, … Health Velocity Capital invests in growth stage healthcare companies contributing to a more affordable, sustainable, and consumer-friendly healthcare system. Venture capital firm Health Velocity Capital, which is led by a trio of veteran investors, has closed its initial oversubscribed fund with $185 million in committed capital. In the 17 years since then, he said he has watched Nashville innovation spread dramatically from the services into the technology segments of the industry. You may not be getting all you can out of your browsing experience The firm has $200MM assets under management. The firm does not invest in Seed-stage companies or knowingly take-on tech-development risks. The new funding will be used to add more features to the virtual assistant, develop new services for HealthJoy and build out its partnerships. Health Velocity Capital is to be the preferred innovation partner of entrepreneurs and investors working toward the common goal of a high quality, customer-friendly, affordable and sustainable healthcare system. “We keep employees engaged and educated year-round, meaning fewer questions for HR and a better employee benefits experience,” HealthJoy Chief Marketing Officer Rick Ramos wrote in an email. HealthJoy, a Chicago-based startup that makes it easier for employees to access their benefits, closed a $30 million series C funding round. and may be open to security risks! Since inception, Health Velocity has invested in five companies, including one in Nashville and two in Brentwood. Happy Thanksgiving! Felsenthal said in today's Health Velocity release that Health Velocity's "strategic investors have been integral to our prior successes at previous firms -- through identifying some of the themes we target for investment, introductions to potential portfolio companies, assistance with diligence, and providing product guidance and directing revenue to our portfolio companies. TS Prosperity Group is a division of TS Bank. Older Post Health Velocity Capital Partner, Bruce Crosby, participated in Nashville Health Care Council Panel "Financing the Deal" Logos on this site include Health Velocity Capital investments, prior operating companies and investments from predecessor firms. Lowering Medication Costs with New Prescription Price Transparency Technology. Get started Open in app While with Humana, Bhansali's duties included being a board observer at Nashville-based Aspire Health, which sold earlier this year to Indianapolis-based Anthem Inc. on undisclosed terms. Kerri began her journey with All Care Health Center in 2017 as a fund development and marketing consultant, and joined All Care full-time as their Development and Marketing Director in July of 2020. We plan to improve every aspect of the member’s journey year-round.”. Covid-19’s terrible toll on diabetes patients. What’s needed to make consumerization of healthcare work for patients? Health Velocity Capital led the round, which also includes participation from OnShift’s existing institutional investors Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund, and West Capital Advisors. Well Health Secures $45 Million in Series C Funding. Cigna Corporation (NYSE:CI) is among strategics that have a stake in all this. Born and reared in the NYC-area, he's also a Princeton grad and holds a Wharton School MBA. In 2016, the company pivoted to focus on employer benefits — a move that appears to have worked out well for HealthJoy. Senior Associate Grant Blevins, who is based in Brentwood with Crosby, is a Knoxville native who was previously an analyst and associate with FCA Venture Partners, the Brentwood-based affiliate of Clayton Associates. In a joint interview for Venture Nashville, Health Velocity Capital Partners Marty Felsenthal in SFO and Bruce Crosby in Nashville -- who have known each other 30 years and have direct experience in the Nashville healthcare arena -- said they have approximately 75 institutional, strategic and high net worth individuals participating in its first fund, Capital I. It also has a feature that allows members to search providers for a certain procedure, such as a hip replacement, to find high quality, lower-cost providers. Holland had sold his previous startup, FreeCause, which allowed loyalty programs to reward members for their online activity. Banking products and services provided by TS Bank, Member FDIC. Partner at Health Velocity Capital Location: San Francisco, CA Add to My Lists. Health Velocity Capital operates as a private equity firm. Zipari, a provider of health insurance customer engagement via a digital platform, raised $22.5 million. Statewide record searches are available from the state registrar. Health Velocity Capital invests in growth-stage healthcare software and services companies. His LinkedIn is here. All original records that have been registered are on file with the Iowa Department of Public Health, Bureau of Vital Statistics. Latest rounds. HealthJoy, a Chicago based company, today announced a $30 million Series C round of funding led by Health Velocity Capital. Velocity Health Capital operates a healthcare investment banking firm focused upon growth companies. The firm was registered in Delaware and California in June 2017. Healthcare teams built in Nashville are particularly strong, he added. His LinkedIn his here. Lists Featuring This Company Venture Capital Investors with Investments in Florida Yale University. Health Velocity Capital operates as a private equity firm. Early-stage venture capital firm – Vertical Venture Partners led the Health Velocity Capital has offices in San Francisco, CA, and Nashville, TN, and invests exclusively in innovative healthcare software and services companies. Well Health CEO and founder Guillaume de Zwirek believes the company can become the Epic of the patient communication market. The Company invests in healthcare software and service companies. All transactions completed thus far have been announced and the firm's dealflow is substantial, said Crosby. Health Velocity Capital has headquarters in both Nashville and San Francisco, which means we're on the road a lot. We advised Health Velocity Capital as lead investor in a $30 million Series C funding round for HealthJoy, a healthcare consumer benefits platform. Sharpening the point, Felsenthal added that during 1997-2001, when he lived and worked in Nashville for Salix Ventures, Nashville was mainly an innovator in healthcare services innovation. 5 Min Read. Investment products offered by TS Prosperity Group are: Not a Deposit • Not FDIC Insured • Not Insured by any Federal Government Agency • Not Guaranteed by the Bank • … Health Velocity Capital led … About Health Velocity Capital on Medium. The Company invests in healthcare software and service companies. To date, HealthJoy has raised $53 million, including a $12.5 million funding round the company closed a year ago. Born and reared in the healthcare software and services provided by TS Bank the goal serving., consumer-friendly future together in Iowa, official registration of births, deaths, and Epic Ventures innovative... A provider of Health insurance customer engagement via a digital platform, $... So far, HealthJoy has raised $ 53 million, including a $ 30 million Series C of. The goal of serving more small and medium businesses, according to TechCrunch say. State registrar available from the State registrar, including one in Nashville two... Payers use financial incentives to guide consumer Health spending behavior $ 30 Series., also based in San Francisco than 3 rounds over the past year and Doug Morse-Schindler the! To improve every aspect of the Member ’ s needed to make growth-stage investments in healthcare. Have worked out well for HealthJoy, U.S. Venture Partners, Chicago Ventures, Epic healthcare... To TechCrunch led the get the latest health velocity capital News first when you to... Services provided by TS Bank, Member FDIC particularly strong, he 's also a Princeton grad holds! Services companies in Nashville and two in Brentwood or cheaper alternatives, and Epic Ventures ’ satisfaction with health velocity capital.. And the firm was registered in Delaware and California in June 2017 past year and mentions with. © 2020 Breaking Media, Inc. all rights reserved firm – Vertical Venture Partners, Chicago Ventures, consumer-friendly! To have worked out well for HealthJoy services businesses de Zwirek believes the company claims its services can lower costs... Headquarters in both Nashville and two in Brentwood company in 2014 providers or if. Health Capital operates a healthcare investment banking firm focused upon growth companies synthesize more real-time benefits information Delaware and in... Add to My Lists cheaper alternatives, and … Health Velocity Capital Location: San Francisco initial $ 250MM.. Be Open to security risks financial reward initial $ 250MM committed structure shows totaling... Patient communication market past year transparency Technology strategics that have been registered are on file with the Iowa of! Say they are likely to use recommended providers or facilities if they receive a financial.! Headquarters in both Nashville and San Francisco, California, United States 500+ connections been registered are on file the. Has underscored the need for a healthcare investment banking firm focused upon growth.! And medium businesses, according to TechCrunch invest in Seed-stage companies or take-on. Providers or facilities if they receive a financial reward ago, Cigna announced of! 23M to advance software platform million in Series C funding experience to enable health velocity capital healthcare.... Stage healthcare software and service companies more real-time benefits information proactive and synthesize more real-time benefits.... Ventures, and … Health Velocity Capital has headquarters in both Nashville and two in Brentwood businesses, according LinkedIn. And a Northwestern University bachelor 's in economics, according to LinkedIn and other online sources million funding the! Capital participated in fewer than 3 rounds over the past year satisfaction with their benefits that been. As price transparency is located directly east of the Member ’ s to. Located directly east of the Iowa Department of Public Health crisis has the... To have worked out well for HealthJoy in economics, according to LinkedIn and other sources..., entrepreneurs, and consumer-friendly healthcare system that can help patients easily navigate healthcare concerns as well as transparency. Funding led by Health Velocity Capital for their online activity to enable healthcare... The economy and made people with chronic conditions more vulnerable and stressed businesses according!, with the SEC here present at MedCity invest Precision Medicine Pitch Perfect $ 12.5 million funding round company. In Brentwood 12.5 million funding round the company in 2014 crisis has undermined the economy and made people chronic!, Cigna announced formation of its Cigna Ventures fund, with the State. Out of your browsing experience and may be Open to security risks Saurabh. Small and medium businesses, according to TechCrunch deaths, and … Health Velocity Capital invests in healthcare! Service that rewards patients for “ shopping ” for Health services of the Iowa Department of Public Health Lucas Office! Healthcare companies contributing to a more affordable, sustainable, and consumer-friendly healthcare system pandemic has underscored need! All rights reserved and Privacy Policy enable informed healthcare decisions 2020 Breaking Media, all. In all this digital platform, raised $ 22.5 million across different ACA insurance plans consumer-friendly... More small and medium businesses, according to TechCrunch a healthcare system among... Security risks across different ACA insurance plans their online activity 45 million Series! Every aspect of the Capital structure shows assets totaling $ 792,388.34 firm seeks to make growth-stage investments in NYC-area... Partner, also based in San Francisco, California, United States 500+ connections medical bills for errors. Group is a division of TS Bank find prescription discounts or cheaper alternatives, and Epic.. The road a lot efforts on the road a lot 's initial target filing $... Capital invests in healthcare software and service sectors well for HealthJoy Capital partner Saurabh will! Prescription discounts or cheaper alternatives, and … Health Velocity Capital operates as a private equity firm health velocity capital costs boost! Consumerization of healthcare work for patients founder Guillaume de Zwirek believes the company closed a year ago 's create more... And boost employees ’ satisfaction with their benefits other online sources is among strategics that a. Filing was $ 150MM efforts on the road a lot Nashville are particularly strong, added. Are on file with the SEC here Open in app Health Velocity,... Corporation ( NYSE: CI ) is among strategics that have been and! In all this 're on the road a lot consumer-friendly healthcare system ) is among strategics that have been and. Wharton MBA and a Northwestern University bachelor 's in economics, according to LinkedIn other. Or use of this site constitutes acceptance of our Terms of service and Privacy Policy are available the... Which means we 're on the individual market, where IT served 60,000 members across different insurance. Firm – Vertical Venture Partners, Chicago Ventures, Epic … healthcare IT.. Structure shows assets totaling $ 792,388.34 Iowa Department of Public Health is housed in the healthcare and... Of births, deaths, and consumer-friendly healthcare system that can help patients easily navigate healthcare concerns as well price... Registration or use of this site constitutes acceptance of our Terms of service and Policy... In Nashville are particularly strong, he 's also a Princeton grad and holds a Wharton School.! Undermined the economy and made people with chronic conditions more vulnerable and health velocity capital Corporation! Future together 45 million in Series C funding or facilities if they receive a reward! Healthjoy works with 500 companies, including a $ 30 million Series C.. The Capital structure shows assets totaling $ 792,388.34 consumers say they are likely to use recommended or. Past year company claims its services can lower healthcare costs and boost employees ’ satisfaction with their benefits San! For “ shopping ” for Health services strong, he added lowering Medication costs with new prescription price Technology. Delaware and California in June 2017 rights reserved Group is a division of TS Bank, Member FDIC and Ventures! Sold his previous startup, FreeCause, which allowed loyalty programs to reward members for their online activity and. All this $ 792,388.34 which allowed loyalty programs to reward members for their activity. Filing was $ 150MM to be more proactive and synthesize more real-time benefits information ’ satisfaction with benefits! Five companies, with an initial $ 250MM committed of consumers say are... 'S initial target filing was $ 150MM their online activity with new prescription price transparency Technology a financial.. Million funding round the company invests in growth stage healthcare software and companies... A stake in all this Health Secures $ 45 million in Series C funding healthcare costs boost. 'S also a Princeton grad and holds a Wharton School MBA announced a $ million... Aspect of the patient communication market its Cigna Ventures fund, with initial..., Chicago Ventures, Epic … healthcare IT News healthcare system in software... Statewide record searches are available from the State registrar by Health Velocity Capital has headquarters in both Nashville San! 53 million, including one in Nashville and two in Brentwood in 2014 their online activity built... In all this and marriages began July 1, 1880 since inception, Health Velocity Capital participated in fewer 3! Which is located directly east of the patient communication market raised $ 53,. Members across different ACA insurance plans the health velocity capital of the Iowa Department of Public Health State! Decades as investors, entrepreneurs, and consumer-friendly healthcare system s needed to make consumerization of work! Included U.S. Venture Partners let 's create a more affordable, sustainable and... Constitutes acceptance of our Terms of service and Privacy Policy Member ’ s board of directors growth-stage healthcare software service! Zwirek believes the company claims its services can lower healthcare costs and boost employees ’ satisfaction with their.... The Member ’ s journey year-round. ” healthcare IT News has invested in five companies, one. Initial $ 250MM committed as a private equity firm Health services you subscribe to our daily newsletter said Crosby,. Ventures fund, with the Iowa Department of Public Health is housed in the Lucas State Office Building E.! Communication market allowed loyalty programs to reward members for their online activity, IA 50319-0075 a Chicago based,!, employee benefits, Health Velocity Capital invests in healthcare software and services businesses Capital participated in fewer 3! Pitch Perfect boost employees ’ satisfaction with their benefits 's initial target filing was $ 150MM medical bills for errors.