Optum Ventures
VC
2017
$2 000 M
Boston, Massachusetts, United States
Profile
Optum Ventures is a venture capital firm based in Boston, founded in 2017 in partnership with UnitedHealth Group. The firm is led by Managing Partners Larry Renfro and Laura Veroneau, with a team that spans investment and operations roles. Optum Ventures stands out for its deep integration and connectivity across the healthcare ecosystem, leveraging partnerships to innovate in healthcare delivery and services.
Optum Ventures invests in companies at various stages, from seed to growth equity, focusing on the intersection of technology and healthcare. The firm has over $2 billion in assets under management distributed across six funds. Their investment sectors include value-based care delivery, enterprise software, enabling infrastructure, and fintech. The firm operates globally but maintains a strong presence in North America and Europe.
Notable investments in their portfolio include companies like Buoy - health symptom tracker, DispatchHealth - mobile urgent care, and Redox - healthcare API service. With a focus on advancing healthcare innovation, the firm works closely with entrepreneurs to address complex challenges in the healthcare industry.
Industry
Optum Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Optum Ventures Fund II
|
Corporate VC (CVC)
|
Digital
Financial Services
Fintech
Healthcare Services
SaaS
Software
Sports/SportsTech
|
Seed
Series A
Series B
Late Stage (Series C+)
|
North America
Europe
|
$5-10 m
|
$600 M
|
April 2021
|
Contacts
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