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Oak HC/FT

North America, Connecticut, United States, Greenwich

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
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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 Oak HC/FT frequently co-invest with?

Stage 2 Capital
North America, New York, United States, New York
Co-Investments: 5
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Blue Shield of California
North America, California, United States, San Francisco
Co-Investments: 5
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 9
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 9
Optum Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 10
F-Prime Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 14
Polaris Partners
North America, Massachusetts, United States, Boston
Co-Investments: 7
Lux Capital
North America, New York, United States, New York
Co-Investments: 7
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 6

Which angels does Oak HC/FT often collaborate with?

SB
North America, California, United States
Shared Deals: 2
HG
North America, New York, United States, New York
Shared Deals: 3
SI
North America, Colorado, United States, Denver
Shared Deals: 1
RK
North America, New York, United States, New York
Shared Deals: 2
GR
North America, California, United States, San Francisco
Shared Deals: 2
JW
North America, California, United States, Mountain View
Shared Deals: 1
CB
North America, New York, United States, New York
Shared Deals: 1
HT
North America, California, United States, San Francisco
Shared Deals: 1
BA
North America, New York, United States, New York
Shared Deals: 1
CB
North America, Colorado, United States, Boulder
Shared Deals: 1

What are some of recent deals done by Oak HC/FT?

Ambience Healthcare

San Francisco, California, United States

Ambience Healthcare develops an AI operating system used for documentation, coding, and clinical workflows in healthcare organizations.

Artificial Intelligence (AI)Health CareInformation TechnologyMedical
Series CJul 29, 2025
Amount Raised: $243,000,000

XFX makes global money movement fast, transparent, and capital-efficient across fiat and stablecoin rails.

Non-Fungible Token (NFT)Transaction ProcessingWeb3
SeedJun 17, 2025
Amount Raised: $9,100,000
Akido Labs

Los Angeles, California, United States

Akido is a care delivery platform based in Los Angeles with the mission to ensure our most vulnerable communities thrive.

Health CareInformation Technology
Series BMay 15, 2025
Amount Raised: $60,000,000
Toku

Santiago, Region Metropolitana, Chile

Toku is redefining payment collection in LatAm through PRM, helping companies automate revenue and deliver frictionless payment experiences.

B2CFinancial ServicesFinTechInformation TechnologySoftware
Series AApr 17, 2025
Amount Raised: $48,000,000
Candid Health

San Francisco, California, United States

Candid Health provides an automation platform for healthcare revenue cycle management.

BillingHealth CareSoftwareTransaction Processing
Series CFeb 12, 2025
Amount Raised: $52,500,000
Highnote

San Francisco, California, United States

Highnote is an embedded finance company that develops a virtual payment platform to handle payment processing business flows.

Credit CardsFinTechInformation TechnologyPaymentsTransaction Processing
Series BJan 21, 2025
Amount Raised: $90,000,000
Evergreen Nephrology

Nashville, Tennessee, United States

Evergreen helps nephrologists focus on the right patients at the right time across the full care spectrum.

Health CareMedicalWellness
Series UnknownJan 7, 2025
Amount Raised: $130,000,000
Remodel Health

Indianapolis, Indiana, United States

Remodel Health delivers software to assist employers in managing health benefits and transitioning to ICHRA.

Employee BenefitsHealth CareSoftware
Series UnknownDec 19, 2024
Amount Raised: $100,000,000
Justt

Tel Aviv, Tel Aviv, Israel

Justt provides AI-based chargeback management and fraud prevention solutions to minimize revenue loss for merchants.

Artificial Intelligence (AI)Financial ServicesFinTechPayments
Series CDec 19, 2024
Amount Raised: $30,000,000
Stepful

New York, New York, United States

Stepful helps those without college degrees train for and find entry-level healthcare jobs.

Health CareProfessional ServicesTraining
Series BNov 13, 2024
Amount Raised: $31,500,000