
Oak HC/FT
Description
Oak HC/FT is a prominent venture and growth equity firm based in Greenwich, Connecticut, specializing in two distinct, yet rapidly evolving, sectors: healthcare information services and financial technology (FinTech). The firm's strategy involves providing significant growth capital to innovative companies that are leveraging technology to disrupt or enhance these industries. They are known for their hands-on approach, partnering with experienced management teams to scale businesses with proven models and substantial growth potential.
Oak HC/FT has demonstrated substantial fundraising success, having closed its fifth fund, Oak HC/FT Fund V, at an impressive $1.9 billion in April 2024. This latest fund brings their total capital raised across all funds to over $5.2 billion since their inception in 2014, underscoring their strong investor confidence and significant capital base. This allows them to make meaningful investments and support their portfolio companies through various stages of growth, from expansion to market leadership.
Given their growth equity mandate and large fund sizes, Oak HC/FT typically deploys substantial first checks. While specific ranges can vary based on the opportunity, their initial investments generally fall within the range of $25 million to $150 million, enabling them to take significant stakes and provide ample runway for expansion. Their portfolio includes a diverse array of companies, from healthcare payment solutions and digital health platforms to innovative banking software and insurtech providers. The firm's deep sector expertise and extensive network are key assets, helping portfolio companies navigate complex regulatory landscapes and accelerate market penetration in their respective fields.
Investor Profile
Oak HC/FT has backed more than 151 startups, with 13 new investments in the last 12 months alone. The firm has led 82 rounds, about 54% of its total and boasts 21 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series C, Series A rounds (top funding stages).
- Majority of deals are located in United States, Israel, United Kingdom.
- Strong thematic focus on Health Care, FinTech, Information Technology.
- Led 9 rounds in the past year.
- Typical check size: $25M – $150M.
Stage Focus
- Series B (28%)
- Series C (23%)
- Series A (19%)
- Series Unknown (10%)
- Series D (9%)
- Seed (3%)
- Series F (2%)
- Series E (2%)
- Private Equity (2%)
- Corporate Round (1%)
Country Focus
- United States (88%)
- Israel (3%)
- United Kingdom (3%)
- Mexico (2%)
- Canada (1%)
- Portugal (1%)
- Colombia (1%)
- Chile (1%)
Industry Focus
- Health Care
- Fintech
- Information Technology
- Software
- Artificial Intelligence (Ai)
- Medical
- Financial Services
- Machine Learning
- Hospital
- Wellness
Frequently Asked Questions
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