Blue Heron Capital

Blue Heron Capital, LLC is a private equity and venture capital firm based in Richmond, Virginia, with an additional office in Washington, D.C. Founded in 2012, the firm specializes in providing growth equity investments primarily in the healthcare sector, as well as technology-enabled business services. Its investment strategy focuses on early-stage companies and lower market buyouts, typically committing between $2 million and $10 million to businesses with revenues ranging from $3 million to $20 million. Blue Heron Capital emphasizes its operational involvement, seeking to invest only in sectors where it possesses deep expertise to actively support the growth of its portfolio companies. The firm aims to build value for both the companies it invests in and its investors, leveraging strategic capital and industry knowledge to facilitate growth.

Tom Benedetti

Co-Founder and Managing Partner

Gordon Crenshaw

Principal

Sam Sezak

Partner

Andrew Tichenor

Co-Founder and Managing Partner

36 past transactions

Redi.Health

Series B in 2024
Redi.Health is a healthcare technology company based in Columbus, Ohio, founded in 2021. The company specializes in developing health management platforms designed to empower patients, particularly those with chronic diseases, by connecting them to free patient support programs in collaboration with pharmaceutical manufacturers. Its platform enables users to monitor their medication schedules and consolidates health-related information for easy access by healthcare providers. Additionally, Redi.Health offers patients tailored news, tips, and clinical insights, facilitating their ability to navigate healthcare challenges and actively participate in their health journeys.

Proof Technology

Series B in 2024
Proof Technology is a legal technology company founded in 2017 and headquartered in Denver, Colorado. It specializes in connecting law firms with independent process servers across the United States. The platform allows law firms to create electronic service requests at any time and provides live updates along with mapped verification of all service attempts. Additionally, Proof Technology leverages machine learning to analyze court documents and extract essential case information, enhancing the efficiency and accuracy of legal processes. The company also offers a range of legal support services, including eFiling, skip tracing, and notarization, ensuring a comprehensive solution for legal practitioners.

Tava Health

Series B in 2023
Tava Health, Inc. is a mental telehealth platform based in Salt Lake City, Utah, founded in 2019. The company provides users with access to a comprehensive mental health service that includes an initial assessment, therapist matching, therapy sessions, and prescription services. Tava Health addresses a wide range of mental health issues such as addiction, anxiety, depression, eating disorders, grief, PTSD, and relationship challenges. The platform allows individuals to engage in therapy and receive support conveniently through online video chats and secure messaging, eliminating the need for in-person visits to clinics. By offering these services, Tava Health aims to enhance emotional well-being for employees and their families, recognizing the importance of mental health in the workplace.

showd.me

Series A in 2023
showd.me is an enterprise peer-to-peer learning platform that allows employees to learn from, and train, other employees across the organization. With cross-platform tools such as keyword skill search, chat, video, file sharing, email integration and more, organizations can easily onboard and train new hires, develop employee expertise and identify new career paths.

ShiftMed

Venture Round in 2023
ShiftMed is a staffing platform focused on connecting healthcare providers with credentialed nursing professionals. It operates an on-demand marketplace that provides access to over 350,000 W-2 healthcare workers, enabling acute, post-acute, and in-home care providers to dynamically manage their staffing needs. Through its mobile and cloud-based software, ShiftMed offers a unified solution for workforce optimization, which enhances employee retention and creates flexible part-time job opportunities. The platform allows healthcare facilities to post staffing requirements based on location, time, and type of care, allowing professionals to instantly claim available shifts. By reducing reliance on travel staffing agencies, ShiftMed helps healthcare organizations lower operating costs by 30-40%, while ensuring access to local, fully credentialed caregivers.

AnswersNow

Series A in 2023
AnswersNow, Inc. is a technology-driven company that specializes in supporting parents and caregivers of children with autism. Founded in 2016 and based in Richmond, Virginia, it offers a mobile platform that provides educational resources, behavioral learning tools, and on-demand expert support. The platform facilitates a step-by-step learning process for children, allowing caregivers to save, store, and monitor their progress effectively. AnswersNow's telehealth services connect families with board-certified behavioral analysts through private texts and videos, offering personalized counseling and emotional support tailored to individual needs. This approach aims to make applied behavior analysis therapy more accessible to families, regardless of their circumstances or location.

Authenticx

Series B in 2023
Authenticx, Inc. is a software company that specializes in analyzing and activating customer interaction data for the healthcare industry. Founded in 2018 and headquartered in Indianapolis, Indiana, the company offers a platform that consolidates various customer interactions, including data from call centers, texts, chats, and emails, into a unified source of information. This platform enables healthcare organizations to gain insights into customer needs, preferences, and satisfaction levels, facilitating informed decision-making. By organizing and structuring conversational data through a customizable dashboard, Authenticx helps healthcare providers enhance their revenue strategies and improve overall profitability.

Proof Technology

Series A in 2022
Proof Technology is a legal technology company founded in 2017 and headquartered in Denver, Colorado. It specializes in connecting law firms with independent process servers across the United States. The platform allows law firms to create electronic service requests at any time and provides live updates along with mapped verification of all service attempts. Additionally, Proof Technology leverages machine learning to analyze court documents and extract essential case information, enhancing the efficiency and accuracy of legal processes. The company also offers a range of legal support services, including eFiling, skip tracing, and notarization, ensuring a comprehensive solution for legal practitioners.

ShiftMed

Venture Round in 2021
ShiftMed is a staffing platform focused on connecting healthcare providers with credentialed nursing professionals. It operates an on-demand marketplace that provides access to over 350,000 W-2 healthcare workers, enabling acute, post-acute, and in-home care providers to dynamically manage their staffing needs. Through its mobile and cloud-based software, ShiftMed offers a unified solution for workforce optimization, which enhances employee retention and creates flexible part-time job opportunities. The platform allows healthcare facilities to post staffing requirements based on location, time, and type of care, allowing professionals to instantly claim available shifts. By reducing reliance on travel staffing agencies, ShiftMed helps healthcare organizations lower operating costs by 30-40%, while ensuring access to local, fully credentialed caregivers.

Aware

Series C in 2021
Aware is a cloud intelligence platform that leverages advancements in cognitive computing, artificial intelligence, and behavioral analytics to enhance enterprise value through social graph monitoring. The company provides governance, compliance, and monitoring solutions aimed at improving connectivity, collaboration, and security within organizations. Their platform addresses challenges faced by legal, compliance, information security, and IT departments, offering tools for archiving, monitoring, organizational insights, data loss prevention, eDiscovery, retention, and legal holds. By harnessing insights into human behavior and interactivity, Aware aims to improve employee engagement while minimizing the risk of unsafe behavior in the workplace.

Kion

Series A in 2021
Kion is a cloud enablement solution designed to help organizations simplify management and governance activities to realize the full benefits of the cloud. Wherever you are on your cloud journey, Kion empowers organizations to go farther, faster.

Insightin Health

Series A in 2021
Insightin Health is a technology company focused on enhancing healthcare member acquisition, retention, and engagement through its personalized preventative care platform. Founded in 2016 and headquartered in Gaithersburg, Maryland, with an additional office in Pittsburgh, the company offers the inGAGE™ platform, which integrates various determinants of health—medical, clinical, cognitive, and social—to provide tailored recommendations for individuals. This AI-driven platform facilitates data aggregation and automates campaign management, allowing healthcare organizations to deliver personalized content and actionable insights in real-time. By centralizing member activities and improving overall satisfaction, Insightin Health helps health plans enhance quality measures and reduce member churn. The company's solutions cater to a range of markets, including Medicare, Medicaid, and accountable care organizations.

Aware

Series B in 2020
Aware is a cloud intelligence platform that leverages advancements in cognitive computing, artificial intelligence, and behavioral analytics to enhance enterprise value through social graph monitoring. The company provides governance, compliance, and monitoring solutions aimed at improving connectivity, collaboration, and security within organizations. Their platform addresses challenges faced by legal, compliance, information security, and IT departments, offering tools for archiving, monitoring, organizational insights, data loss prevention, eDiscovery, retention, and legal holds. By harnessing insights into human behavior and interactivity, Aware aims to improve employee engagement while minimizing the risk of unsafe behavior in the workplace.

VIDA

Series C in 2020
VIDA is a lung health company focused on modernizing respiratory care through artificial intelligence and advanced data analytics. It empowers healthcare organizations and physicians to enhance patient outcomes, improve care coordination, and drive efficiencies. VIDA's comprehensive software solutions, which are FDA cleared and CE-marked, assist in managing patients with chronic obstructive pulmonary disease, interstitial lung disease, lung cancer, and COVID-19. The company also provides a full suite of clinical trial services, including advanced quantitative image analysis, to strengthen trial data and site quality, as well as subject screening. With a commitment to proven quality and clinical leadership, VIDA aims to accelerate the delivery of new therapies to patients.

Homecare.com

Venture Round in 2019
Homecare.com provides expert information, practical action steps, guides, resources, and personalized plans to help caregivers make sound decisions and successfully navigate the complex world of eldercare. It offers a whole new world for caregivers: one where they can do the very best for their parents, older family members, or friends who need care. Its platform helps the families and caregivers to connect with each other, enabling families and health care providers to interview, hire, and manage fully credentialed, insured, and bonded caregivers. Homecare.com was founded in 2014 and is based in Mclean, Virginia.

ChartSpan Medical Technologies

Series A in 2019
ChartSpan provides turn-key, managed care coordination and compliance programs for doctors, clinics and health systems. We manage patient care coordination programs for more than 100 of the most successful practices and health systems in the United States. ChartSpan's trained clinicians telephonicaly engage each doctors sickest patients, monthly, checking to make sure they are adhering to care plans, taking their medications, and addressing care issues they experience. Bi-directional clinical and billing data is managed and automated by integrating directly with each client's EHR system. ChartSpan delivers new revenue for practices, dramatically improves patient outcomes and drives MIPS compliance. ChartSpan is proud to have been named one of the Top 10 Most Innovative Companies in America.

Stratasan

Venture Round in 2019
Stratasan, LLC specializes in providing market intelligence to hospitals and healthcare systems through its innovative software and services. Based in Nashville, Tennessee, the company offers a proprietary analytical platform featuring applications such as Blackbird, a data query engine delivering actionable insights, and Canvas, a customizable reporting tool that presents financial insights and market projections for various healthcare volumes. Additionally, Stratasan provides a suite of solutions known as Pathways, which further enhances access to critical intelligence. By transforming demographic and market data into clear insights, Stratasan enables healthcare organizations to make informed decisions regarding strategic planning, marketing, and growth initiatives. Founded in 2010 and rebranded from Health Data Source LLC in 2011, Stratasan is dedicated to helping healthcare providers maximize their strategic growth potential.

ChartSpan Medical Technologies

Series A in 2019
ChartSpan provides turn-key, managed care coordination and compliance programs for doctors, clinics and health systems. We manage patient care coordination programs for more than 100 of the most successful practices and health systems in the United States. ChartSpan's trained clinicians telephonicaly engage each doctors sickest patients, monthly, checking to make sure they are adhering to care plans, taking their medications, and addressing care issues they experience. Bi-directional clinical and billing data is managed and automated by integrating directly with each client's EHR system. ChartSpan delivers new revenue for practices, dramatically improves patient outcomes and drives MIPS compliance. ChartSpan is proud to have been named one of the Top 10 Most Innovative Companies in America.

Verato

Series C in 2019
Verato, Inc. is a technology company that specializes in cloud-based solutions for managing and matching customer, patient, and employee records. Founded in 2013 and headquartered in McLean, Virginia, Verato offers a suite of Software-as-a-Service products designed to clean, update, and link identity data across various systems. Its key offerings include Verato DIAGNOSE, which identifies errors in customer records; Verato REPAIR, which recommends corrections; and Verato VALIDATE, an interactive service that ensures data accuracy at all entry points. Additionally, Verato provides Verato Enrich to enhance demographic and social data for public health needs and Verato LINK to unify customer records within enterprises. Leveraging a highly-curated, self-learning database for identity verification, Verato boasts industry-leading match rates and efficient performance, supporting both public and private organizations with scalable and cost-effective solutions.

Homecare.com

Venture Round in 2018
Homecare.com provides expert information, practical action steps, guides, resources, and personalized plans to help caregivers make sound decisions and successfully navigate the complex world of eldercare. It offers a whole new world for caregivers: one where they can do the very best for their parents, older family members, or friends who need care. Its platform helps the families and caregivers to connect with each other, enabling families and health care providers to interview, hire, and manage fully credentialed, insured, and bonded caregivers. Homecare.com was founded in 2014 and is based in Mclean, Virginia.

STARC Systems

Venture Round in 2017
STARC Systems is a manufacturer of a plastic alternative or drywall barriers for construction, restoration, and environmental isolation. Its modular, telescopic panel system is reusable, clean, and quiet and it offers a complete solution for any interior isolation situation. The temporary containment walls is uses in a variety of verticals including healthcare settings when there’s a need to protect sensitive occupied areas from the disruption of renovation. Timothy Hebert founded the Brunswick, Maine-based manufacturing company in 2014.

Avizia

Series A in 2016
Avizia is a provider of telehealth and remote conferencing solutions designed to implement comprehensive telehealth programs across healthcare systems. The company focuses on enhancing collaborative care by connecting medical experts and patients through innovative telemedicine technologies. Avizia's platform integrates video devices with software services to facilitate seamless care coordination, allowing healthcare providers to deliver remote consultations and educational services without the need for physical presence. The end-to-end solution includes telemedicine devices, workflow management software, and peripherals such as digital stethoscopes and examination cameras, all supported by advanced technology. By utilizing high-definition, real-time video collaboration, Avizia ensures that medical interactions feel immediate and engaging, thereby improving patient care delivery.

Presence

Series C in 2015
PresenceLearning makes live, online special education related services available to K-12 students around the United States. As the leader in the delivery of clinical services via the web, PresenceLearning has provided over 2.5 million teletherapy sessions. Services include speech-language therapy, occupational therapy, behavioral interventions and mental health services, assessments, and early childhood services.

Verisma Systems

Venture Round in 2015
Verisma Systems, Inc. is a health information technology company specializing in cloud-based release of information (ROI) solutions for healthcare organizations in the United States. Founded in 2002 and headquartered in Pueblo, Colorado, Verisma offers a range of services designed to streamline the release of medical records. Key offerings include Verisma Release Manager, an automation system that enhances workflow efficiency and reduces costs, and VerismaWorkflow, which integrates HIPAA compliance and business process rules to optimize ROI operations. The company also provides VerismaQA for reducing error rates and ensuring real-time reporting, along with the Verisma360 Dashboard for analytics on production and compliance metrics. Additionally, the Verisma EMR Integration Module facilitates seamless data exchange with existing electronic medical record systems, while the Verisma Request App enables attorneys to manage electronic record requests remotely. With its focus on improving turnaround times and compliance, Verisma Systems aims to enhance the secure exchange of patient information across the healthcare sector.

TRICAST

Venture Round in 2015
TRICAST is a pharmacy data analytics company utilizing industry expertise and powerful software tools to empower their clients. The company is navigating the complexities of today’s healthcare environment requires innovative solutions. To address these needs in a rapidly changing market, TRICAST has leveraged more than 25 years of technology and claims processing expertise, extensive client insight, and a team of industry experts. TRICAST specializes in providing pharmacy benefit management (PBM) consulting and services to customers throughout the United States, including Medicare eligibility audits, pricing audits, rejected claims analysis, Medicare eligibility audits, prescription drug event audits, rebate audits, request for proposal (RFP) services for PBM selection, and contract renegotiation services.

WiserTogether

Series B in 2014
WiserTogether, Inc. specializes in shared decision-making tools designed to enhance healthcare outcomes for consumers while helping employers, health plans, and payers reduce costs. Founded in 2008 and headquartered in Washington, D.C., with an additional office in Boston, the company provides a range of solutions, including Wiser Health, a personalized tool that evaluates treatment options based on clinical evidence, personal preferences, costs, and coverage. Other offerings include Wiser Health Mail, which engages consumers through targeted messaging, and Wiser Health Social, which utilizes social media to foster ongoing consumer engagement in health decisions. WiserTogether serves over 3 million individuals across various health conditions, including musculoskeletal and cardiovascular issues, diabetes, mental health, pregnancy, and respiratory illnesses. As of January 2020, WiserTogether operates as a subsidiary of Evive Health, LLC.

Apogee IT Services

Venture Round in 2014
IT terms like network support, security, data backup, and infrastructure are scary for many businesses. You may want to get rid of these burdens and have a provider you can trust to handle them (or to work seamlessly with your IT manager in-house). Apogee IT Services is a LOCAL managed services provider headquartered in Pittsburgh (Sewickley), with another office in Boston, MA. (They also have many clients in other states as well thanks to their ability to resolve many issues remotely.) When you choose us, you'll feel like they're an extension of your company - an advocate helping to provide the IT service and support that is critical for your daily operations.

CSA Medical

Series C in 2013
CSA Medical, Inc. specializes in the development and manufacturing of spray cryotherapy medical devices. The company's flagship product, the truFreeze device, utilizes cold liquid nitrogen as a cryosurgical tool for the destruction of unwanted tissue in dermatology, gynecology, and general surgery, while facilitating the regrowth of healthy tissue. Additionally, CSA Medical offers the Rapid AV Spray Kit, which enhances the truFreeze system by reducing the time required for liquid nitrogen application. Originally founded as Crymed Technologies in 1993, the company rebranded to CSA Medical in April 2006. Headquartered in Lutherville Timonium, Maryland, CSA Medical also operates a research and development facility in Lexington, Massachusetts.

Presence

Series B in 2013
PresenceLearning makes live, online special education related services available to K-12 students around the United States. As the leader in the delivery of clinical services via the web, PresenceLearning has provided over 2.5 million teletherapy sessions. Services include speech-language therapy, occupational therapy, behavioral interventions and mental health services, assessments, and early childhood services.

innRoad

Series B in 2012
InnRoad, Inc. offers a cloud-based software-as-a-service (SaaS) solution for hotel management tailored for independent hoteliers, small hotel chains, and hotel management companies. Its platform integrates essential functions such as property management, global distribution, bookings, an integrated booking engine, central reservations, and marketing, all designed to enhance operational efficiency and improve guest experiences. Additionally, InnRoad provides customer support, training, consulting, and customization services to facilitate effective use of its software. Established in 2000 and headquartered in Southampton, New York, InnRoad aims to help its clients increase occupancy rates while minimizing management time.

CipherOptics

Venture Round in 2011
CipherOptics, Inc. provides data security and network encryption, and compliance grade data protection solutions to security enterprises, financial institutions, health care, and government agencies. The company offers CipherEngine, which delivers network-wide encryption to customers by providing an approach to security policy and encryption key management; CipherView, which is a security gateway management application that provides security administrators with a device management tool; SoftRemoteLT, which offers features to remote access users connecting to the corporate VPN; and CipherEngine Enforcement Point family of encryptors that are encryption appliances designed for the carrier Ethernet and MPLS markets. The company also offers MPLS security, metro Ethernet security, disaster recovery and data replication security, and network application security services. The company has strategic partnerships with EMC Corporation, IBM, Intel, and Raza Microelectronics, Inc. CipherOptics, Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.