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LRVHealth

North America, Massachusetts, United States, Boston

Description

LRVHealth is a Boston-based venture capital platform with a specialized focus on the healthcare sector. Established in 2000, the firm distinguishes itself through its "Inside Healthcare" model, which leverages a network of strategic limited partners, including some of the nation's leading healthcare providers and payers. This unique approach provides portfolio companies with unparalleled access to industry insights, potential customers, and strategic guidance, aiming to accelerate their commercialization and market penetration within the complex healthcare ecosystem.

The firm primarily targets early-stage digital health and healthcare services companies, typically engaging in Seed, Series A, and Series B funding rounds. LRVHealth seeks out disruptive technologies and innovative business models that promise to transform patient care, improve operational efficiencies, or enhance healthcare delivery. Their investment thesis is deeply rooted in identifying solutions that address critical needs within the healthcare industry, often working closely with their strategic LPs to validate market demand and refine product-market fit.

LRVHealth has demonstrated a consistent commitment to the healthcare innovation landscape over two decades. Their most recent fund, LRVHealth Fund V, successfully closed in 2022 with $200 million in commitments, underscoring investor confidence in their specialized strategy and track record. The firm typically deploys initial checks ranging from $3 million to $10 million, positioning them as a significant early-stage investor capable of leading rounds. With a portfolio boasting over 60 investments and more than 10 successful exits, LRVHealth has played a pivotal role in nurturing and scaling numerous healthcare technology companies.

Investor Profile

LRVHealth has backed more than 88 startups, with 5 new investments in the last 12 months alone. The firm has led 21 rounds, about 24% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Israel.
  • Strong thematic focus on Health Care, Medical, Information Technology.
  • Led 3 rounds in the past year.
  • Typical check size: $3M – $10M.

Stage Focus

  • Series A (32%)
  • Series B (28%)
  • Series C (15%)
  • Series Unknown (13%)
  • Seed (7%)
  • Series D (6%)

Country Focus

  • United States (99%)
  • Israel (1%)

Industry Focus

  • Health Care
  • Medical
  • Information Technology
  • Hospital
  • Analytics
  • Software
  • Artificial Intelligence (Ai)
  • Medical Device
  • Saas
  • Biotechnology
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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 LRVHealth frequently co-invest with?

Village Ventures
North America, Massachusetts, United States, Williamstown
Co-Investments: 8
FreshTracks Capital
North America, Vermont, United States, Shelburne
Co-Investments: 5
The Blue Venture Fund
North America, Illinois, United States, Chicago
Co-Investments: 5
Excelerate Health Ventures
North America, North Carolina, United States, Durham
Co-Investments: 5
MV
North America, Tennessee, United States, Nashville
Co-Investments: 5
Optum Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 5
Echo Health Ventures
North America, Washington, United States, Seattle
Co-Investments: 7
MassVentures
North America, Massachusetts, United States, Boston
Co-Investments: 9
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 4
HLM Venture Partners
North America, Massachusetts, United States, Boston
Co-Investments: 14

Which angels does LRVHealth often collaborate with?

RS
North America, California, United States, San Francisco
Shared Deals: 1
JG
North America, California, United States, San Francisco
Shared Deals: 1
TA
North America, New York, United States, New York
Shared Deals: 1
MM
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
BL
North America, California, United States, San Francisco
Shared Deals: 1
MH
North America, Florida, United States, Miami Beach
Shared Deals: 2
JZ
North America, California, United States, Campbell
Shared Deals: 1

What are some of recent deals done by LRVHealth?

ArcheHealth

Birmingham, Alabama, United States

ArcheHealth is enabling hospitals to operate more efficiently, cut expenses, and maintain expansion.

AnalyticsArtificial Intelligence (AI)Health CareMachine Learning
SeedJun 3, 2025
Amount Raised: $6,700,000
hellocare

Clearwater, Florida, United States

hellocare is an end-to-end telehealth and virtual healthcare delivery platform comprising software, hardware, and AI.

Artificial Intelligence (AI)Health CareInformation TechnologyPrivate Social NetworkingSocial MediaSoftware
Series UnknownApr 15, 2025
Amount Raised: $47,000,000
LucyRx

Bethesda, Maryland, United States

LucyRx is an independent, next-generation pharmacy benefit manager (PBM) that is transforming prescription care.

Health CareHospital
SeedApr 15, 2025
Lumata Health

Edmond, Oklahoma, United States

Lumata Health develops virtual certified ophthalmic assistants and data-driven tech to support eyecare practices.

Health CareInformation TechnologyMedical
Series BMar 5, 2025
Amount Raised: $23,000,000
Proximity

Chicago, Illinois, United States

Proximity offers an automation platform designed to enhance the revenue generated from the 340B drug discount program.

Health CareInformation Technology
SeedFeb 21, 2025
Amount Raised: $3,000,000
Humata Health

Winter Park, Florida, United States

Humata Health is an AI-enabled deep clinical integration that creates prior authorizations for payers and providers using AI and automation.

Artificial Intelligence (AI)
Series AJun 20, 2024
Amount Raised: $25,000,000
Sware

Chelsea, Massachusetts, United States

Sware provides validation automation platform and managed services programs.

Information TechnologyLife ScienceSoftware
Series BMay 7, 2024
Amount Raised: $6,000,000
Huddle Up

Madison, Wisconsin, United States

Huddle Up specializes in providing speech therapy, occupational therapy, and mental health services.

E-LearningFitnessHealth CareHospitalMental HealthSpeech Recognition
Series CApr 10, 2024
Greater Good Health

Los Angeles, California, United States

Committed to advancing value-based care and expanding primary care access, by empowering Nurse Practitioners.

Health CareHospitalMedicalPrimary and Urgent CareWellness
Series AOct 10, 2023
Amount Raised: $20,000,000
Main Street Health

Nashville, Tennessee, United States

Main Street Health is a supplier of value-based, care-focused healthcare services designed to address rural wellness challenges.

Health CareHealth DiagnosticsMedical Device
Series UnknownOct 8, 2023
Amount Raised: $315,000,000