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Humana

North America, Kentucky, United States, Louisville

Description

Humana, a leading health and well-being company, operates Humana Ventures as its corporate venture capital arm. Established in 2007, this strategic investment vehicle plays a crucial role in advancing Humana's mission to help members achieve their best health. Unlike traditional VCs, Humana Ventures' primary objective is not purely financial return but rather to identify, invest in, and partner with innovative companies that align with Humana's strategic priorities and enhance its core business capabilities.

The investment focus of Humana Ventures is broad within the healthcare ecosystem, targeting early to growth-stage companies that are developing solutions in areas such as digital health, value-based care, health equity, care delivery innovation, and consumer engagement. They seek technologies and services that can improve health outcomes, enhance member experience, and drive efficiency across the healthcare continuum. Humana Ventures often acts as a strategic co-investor, collaborating with traditional venture capital firms and other corporate VCs to support promising startups.

Over the years, Humana Ventures has built a diverse portfolio of companies, demonstrating its commitment to fostering innovation. For instance, the firm participated in DispatchHealth's $200 million Series D funding round in 2021, a testament to its willingness to support high-growth companies transforming care delivery. Their portfolio includes notable names like Omada Health, Heal, and Accolade (which later went public), showcasing their impact on the digital health landscape. Their investments are designed to create synergistic relationships, allowing Humana to integrate cutting-edge solutions into its offerings while providing portfolio companies with access to Humana's vast market reach and expertise.

Investor Profile

Humana has backed more than 44 startups, with 0 new investments in the last 12 months alone. The firm has led 29 rounds, about 66% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, India.
  • Strong thematic focus on Health Care, Non Profit, Medical.
  • Typical check size: $5M – $25M.

Stage Focus

  • Grant (55%)
  • Series C (11%)
  • Series B (9%)
  • Series E (7%)
  • Series D (7%)
  • Corporate Round (5%)
  • Series A (5%)
  • Series Unknown (2%)

Country Focus

  • United States (95%)
  • India (2%)

Industry Focus

  • Health Care
  • Non Profit
  • Medical
  • Hospital
  • Information Technology
  • Wellness
  • Home Health Care
  • Health Diagnostics
  • Apps
  • Education
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Humana frequently co-invest with?

Questa Capital Management
North America, California, United States, San Francisco
Co-Investments: 3
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 4
Oak HC/FT
North America, Connecticut, United States, Greenwich
Co-Investments: 4
Optum Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 2
Merck Global Health Innovation Fund
North America, New Jersey, United States, Whitehouse Station
Co-Investments: 3
Cigna Ventures
North America, Connecticut, United States, Bloomfield
Co-Investments: 3
Echo Health Ventures
North America, Washington, United States, Seattle
Co-Investments: 5
Flare Capital Partners
North America, Massachusetts, United States, Boston
Co-Investments: 5

Which angels does Humana often collaborate with?

WH
North America, California, United States, San Francisco
Shared Deals: 1
CB
North America, Colorado, United States, Boulder
Shared Deals: 1

What are some of recent deals done by Humana?

Healthpilot Technologies

Nashville, Tennessee, United States

Healthpilot is a proprietary decision-support technology to find and match consumers with medicare plans.

Health CareHealth InsuranceInsurance
Corporate RoundJul 17, 2024
Three O'clock Project

Baton Rouge, Louisiana, United States

Three O’Clock Project is a nonprofit organization with a mission of increasing access to healthy for at-risk youth and their families.

GrantApr 25, 2024
New Orleans East Hospital

New Orleans, Louisiana, United States

New Orleans East Hospital (NOEH) is committed to providing superior quality healthcare and educational empowerment to the community.

Health CareHospital
GrantApr 25, 2024
Birthmark Doula Collective

New Orleans, Louisiana, United States

Birthmark Doula Collective offer support, education, services and community during the perinatal year and beyond.

EducationHealth Care
GrantApr 25, 2024
Southern University at New Orleans

New Orleans, Louisiana, United States

Southern University at New Orleans is a school in New Orleans.

AlumniEducationHigher EducationUniversities
GrantApr 25, 2024
DePaul Community Health Centers

New Orleans, Louisiana, United States

DePaul Community Health Centers provides personal care, pediatrics, women's health, podiatry, dental and behavioral health care services.

Health CareHospitalMedicalNon Profit
GrantApr 25, 2024

Peer Initiative employs a novel strategy that combines peer support with licensed counseling to identify youth at risk of suicide.

Health CareMental Health
GrantApr 25, 2024
Louisiana State University, Eunice

Eunice, Louisiana, United States

Louisiana State University, Eunice is a school in Eunice.

GrantApr 25, 2024
Mary Bird Perkins Cancer Center

New Orleans, Louisiana, United States

Mary Bird Perkins Cancer Center is a health care firm that provides cancer care services.

Health CareHospitalMedicalOncologyPersonal Health
GrantApr 25, 2024
Xavier University of Louisiana

New Orleans, Louisiana, United States

Xavier University of Louisiana is a school in New Orleans.

EdTechEducationUniversities
GrantApr 25, 2024