CVC  Healthworx

https://www.healthworx.com/





     Office Locations:

Baltimore, MD

 

Stages:

  • Early
  • Late
  • Seed


 

Industries:

  • Life Sciences & Healthcare

  •  

    Description:

    Founded in 2017, Healthworx is the innovation, corporate venture, corporate development, and commercialization arm of CareFirst BlueCross BlueShield. Healthworx enables CareFirst to work with pioneering healthcare companies to bring breakthrough technologies to its members and other stakeholders. Through strategic investments and partnerships, Healthworx furthers CareFirst's mission to improve healthcare quality, increase access to care and reduce costs for its stakeholders.The firm seeks to acquire minority interests in seed, early-stage, and later-stage companies. The firm prefers to invest in the healthcare devices, healthcare technology systems, pharmaceuticals, biotechnology, and Healthtech sectors.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alex Antoniou MD,MBA,MA,FAHM, CHC QM Medical Director of Innovation
    Chris Pellegrino CFA Sr. Director of Investments
    Michael T. Brown MBA Sr. Corporate Development Advisor

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/05/2023


      SafeRide Health


      TX


      undisclosed


      Series C


     

    Portfolio companies include:


      Best Doctors


      Culina Health
        web link


      emocha Mobile Health
        web link


      Evolved MD


      Getlabs
        web link


      Healthways


      MRO


      Ryse Health


      SafeRide Health
        web link


      Scene Health
        web link


      Sharecare


      Shift Med


      Socially Determined


      Zipari
        web link


     

    Recent News: