Optum Ventures

Optum Ventures is an early-stage venture capital firm founded in 2017, located in Boston, Massachusetts, with an additional office in London. It focuses on investing in healthcare and digital health companies, primarily targeting Series A and B funding rounds. The firm seeks to partner with exceptional teams that leverage data-driven technologies and services to disrupt traditional healthcare models. By investing in innovative companies with transformative visions, Optum Ventures aims to improve healthcare accessibility and quality. Portfolio companies benefit from Optum's extensive data resources and industry expertise, which facilitate connections with key healthcare players, helping to accelerate growth and drive meaningful change in the sector.

Kaylan Alderson

Partner and Head of Partnerships Team

Vijay Barathan

Partner

Tom Capon

Principal

Richie Chaikof

Principal

Nicole Chen

Principal and Chief of Staff

Mike Cunningham

Partner

Benjamin Freeberg

Vice President

Joe Gentile

Vice President

Courtney Good

Associate

Mazen Hammad

Vice President

Austin Martin

Vice President

George Pantazopoulos

Principal

Stephen Renfro

Partner and Chief Operations Officer

Jon Sklaroff

Principal

Laura Veroneau

Managing Partner

Past deals in Health Insurance

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.

Greater Good Health

Series A in 2022
Greater Good Health is a healthcare organization dedicated to enhancing access to primary care through a holistic, value-based approach. The company operates a nurse practitioner-powered platform that focuses on empowering nurse practitioners (NPs) by providing them with a comprehensive suite of resources, including a digital community, an education portal, and wellness resources aimed at preventing burnout. Greater Good Health also develops its own primary care clinics and offers technology tools for scheduling, analytics, and point-of-care support. By equipping NPs with these tools and resources, the organization enables them to manage complex patient populations effectively, ultimately improving health outcomes and reducing costs for customers.

Loop

Series B in 2022
Loop Health is a healthcare provider based in Pune, India, founded in 2018. The company offers a range of services including acute and urgent care, chronic condition management, women's health, health coaching, and preventive care. Loop Health aims to simplify the healthcare experience by connecting patients with family physicians, specialists, and hospitals, facilitating access to major medical treatments. Their team of Loop Coordinators assists patients in finding appropriate doctors, comparing treatment costs, obtaining second opinions, and managing admission procedures, thereby alleviating the stress associated with healthcare decisions. Additionally, Loop Health features a virtual medical practice that supports employees and their families, allowing them to consult with healthcare experts and medical advisors without delay, ultimately promoting better health management and cost-effectiveness.

Flume Health

Series A in 2022
Flume Health Inc. is a third-party administrator of health plans, founded in 2018 and headquartered in New York, New York. The company aims to make self-insured health plans more affordable and user-friendly. Flume Health combines exceptional customer support with innovative payment technology, allowing members to access healthcare providers at significantly reduced rates compared to traditional networks. Its health plan administration platform addresses healthcare-related inquiries through a virtual assistant, facilitating private communication with trained care guides. This platform assists clients in locating quality medical care, booking appointments, and managing reminders, ultimately helping them find affordable medical providers tailored to their needs.

Garner

Series B in 2021
Garner Health is a technology company established in 2019 and based in New York, NY, that focuses on enhancing the healthcare experience for employees through employer partnerships. By leveraging a doctor quality analytics platform, Garner Health provides insights into clinical quality and total care costs, helping employers direct their employees to high-quality healthcare providers. The platform also offers an overlay account that covers employee deductibles and coinsurance, allowing employees to reduce out-of-pocket expenses while ensuring employers achieve guaranteed savings. Through this approach, Garner Health aims to improve healthcare quality and affordability for both employees and their employers.

Main Street Health

Series A in 2021
Main Street Health is a value-based healthcare provider dedicated solely to rural America. The company was founded in 2021 and is headquartered in Nashville, Tennessee.

Heartbeat Health

Series B in 2021
Heartbeat Health, Inc. is a New York-based company that specializes in cardiology services. Established in 2017, it provides a range of offerings, including web-based real-time consulting and virtual physician consultations, along with follow-up services. The company aims to address cardiovascular health by screening, diagnosing, tracking, and managing cardiovascular risk and disease, leveraging a multidisciplinary team of doctors, designers, and engineers committed to improving heart health outcomes.

Vim

Series B in 2021
Vim, Inc. develops a healthcare platform to provide online services that helps patients and healthcare providers find, schedule, and receive care from doctors and specialists. It provides online booking solutions and referral coordination. The company was founded in 2015 and is based in San Francisco, California.

PatientsLikeMe

Venture Round in 2021
PatientsLikeMe, Inc. operates a healthcare data-sharing platform that allows patients to share their symptoms, treatments, and health experiences with a broad audience, including caregivers, researchers, and pharmaceutical companies. This platform aims to enhance the understanding of various health conditions, such as cancer, mental health issues, and chronic diseases, ultimately contributing to the development of new treatments. With over 600,000 members, PatientsLikeMe serves as a trusted source for real-world disease information and has published more than 100 research studies, demonstrating its commitment to integrating patient voices into research and public policy. The company collaborates with major pharmaceutical firms and government organizations to advance health management and outcomes. Founded in 2004 and based in Cambridge, Massachusetts, PatientsLikeMe is a subsidiary of United Healthcare Services, Inc.

Greater Good Health

Seed Round in 2021
Greater Good Health is a healthcare organization dedicated to enhancing access to primary care through a holistic, value-based approach. The company operates a nurse practitioner-powered platform that focuses on empowering nurse practitioners (NPs) by providing them with a comprehensive suite of resources, including a digital community, an education portal, and wellness resources aimed at preventing burnout. Greater Good Health also develops its own primary care clinics and offers technology tools for scheduling, analytics, and point-of-care support. By equipping NPs with these tools and resources, the organization enables them to manage complex patient populations effectively, ultimately improving health outcomes and reducing costs for customers.

Diameter Health

Series B in 2020
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

Buoy Health

Series C in 2020
Buoy Health, Inc. is a health technology company based in Boston, Massachusetts, with an additional office in New York. Founded in 2014, Buoy Health specializes in artificial intelligence-driven digital health solutions that assist individuals in managing their health and healthcare options. The company offers a personalized online healthcare chatbot, known as Buoy Assistant, which analyzes symptoms, facilitates initial triage, and provides treatment recommendations. This platform enables users to conduct real-time assessments of their symptoms while simplifying the navigation of the healthcare system. Additionally, Buoy Health provides resources for employees through its Buoy Dashboard, allowing them to research benefits, access wellness programs, and connect with in-network providers. The service is available 24/7, making self-diagnosis and healthcare navigation straightforward and accessible.

DispatchHealth

Series C in 2020
DispatchHealth Management, LLC is a provider of on-demand mobile and virtual healthcare services based in Denver, Colorado. Founded in 2013, the company offers a wide range of services including acute injury and illness evaluations, laceration repair, splinting of injured extremities, treatment for nosebleeds, placement of Foley and G-tubes, medication administration, laboratory testing, and coordination with primary care physicians and home health agencies. By delivering care in the comfort of patients' homes, DispatchHealth aims to reduce unnecessary emergency room visits and hospitalizations, improve clinical outcomes, and lower overall healthcare costs. The organization focuses on creating an integrated and convenient healthcare solution that enhances the capabilities of patients' care teams and ensures high-quality care.

Heartbeat Health

Series A in 2020
Heartbeat Health, Inc. is a New York-based company that specializes in cardiology services. Established in 2017, it provides a range of offerings, including web-based real-time consulting and virtual physician consultations, along with follow-up services. The company aims to address cardiovascular health by screening, diagnosing, tracking, and managing cardiovascular risk and disease, leveraging a multidisciplinary team of doctors, designers, and engineers committed to improving heart health outcomes.

Contessa

Series D in 2019
Contessa Health, Inc., based in Nashville, Tennessee, specializes in home hospitalization programs designed to enhance patient care while managing episodic risk. The company is recognized as a pioneer in Home Recovery Care, a risk-based model that integrates essential components of inpatient hospital care within patients' homes. Contessa employs a proprietary health informatics platform to support this model, ensuring that care is safe, affordable, and effective in improving patient outcomes. Additionally, Contessa offers solutions such as ContessaCare, which empowers healthcare providers to deliver hospital-level care at home, and ContradoClaim, a claims analytics tool that assists partners in managing prospective payments. The company also provides bundled payment managed services, enabling health plans and systems to optimize their care delivery without the need for hospital admissions. Contessa Health was founded in 2015 and continues to lead innovations in home-based healthcare.

Vim

Series B in 2019
Vim, Inc. develops a healthcare platform to provide online services that helps patients and healthcare providers find, schedule, and receive care from doctors and specialists. It provides online booking solutions and referral coordination. The company was founded in 2015 and is based in San Francisco, California.

Buoy Health

Series B in 2019
Buoy Health, Inc. is a health technology company based in Boston, Massachusetts, with an additional office in New York. Founded in 2014, Buoy Health specializes in artificial intelligence-driven digital health solutions that assist individuals in managing their health and healthcare options. The company offers a personalized online healthcare chatbot, known as Buoy Assistant, which analyzes symptoms, facilitates initial triage, and provides treatment recommendations. This platform enables users to conduct real-time assessments of their symptoms while simplifying the navigation of the healthcare system. Additionally, Buoy Health provides resources for employees through its Buoy Dashboard, allowing them to research benefits, access wellness programs, and connect with in-network providers. The service is available 24/7, making self-diagnosis and healthcare navigation straightforward and accessible.

Diameter Health

Series A in 2019
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

CareBridge

Venture Round in 2018
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.

Buoy Health

Series A in 2017
Buoy Health, Inc. is a health technology company based in Boston, Massachusetts, with an additional office in New York. Founded in 2014, Buoy Health specializes in artificial intelligence-driven digital health solutions that assist individuals in managing their health and healthcare options. The company offers a personalized online healthcare chatbot, known as Buoy Assistant, which analyzes symptoms, facilitates initial triage, and provides treatment recommendations. This platform enables users to conduct real-time assessments of their symptoms while simplifying the navigation of the healthcare system. Additionally, Buoy Health provides resources for employees through its Buoy Dashboard, allowing them to research benefits, access wellness programs, and connect with in-network providers. The service is available 24/7, making self-diagnosis and healthcare navigation straightforward and accessible.
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