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Optum Ventures

North America, Massachusetts, United States, Boston

Description

Optum Ventures is the dedicated venture capital arm of Optum, a prominent health services and innovation company, which itself is a subsidiary of the global healthcare giant, UnitedHealth Group. Launched in 2017, Optum Ventures was established with an initial commitment of $250 million, aiming to identify and invest in promising early-stage to growth-stage companies that are developing transformative solutions for the healthcare industry. Their strategic focus aligns with Optum's broader mission to enhance healthcare delivery, efficiency, and patient outcomes.

The firm primarily targets companies innovating across critical healthcare domains, including digital health, advanced data analytics, care delivery optimization, consumer engagement platforms, and healthcare IT infrastructure. Optum Ventures acts as a strategic partner, offering more than just capital; they provide portfolio companies with unparalleled access to Optum's vast resources, deep industry expertise, and extensive market reach. This strategic alignment is designed to accelerate the development and adoption of new technologies and business models that can significantly impact the healthcare ecosystem.

Optum Ventures typically participates in Seed, Series A, and Series B funding rounds, occasionally extending to Series C, depending on the strategic fit and growth potential. While specific check sizes can vary based on the stage and nature of the investment, their initial commitments generally range from approximately $2 million for early-stage participation to around $20 million for leading or significantly co-investing in later-stage rounds. The firm's total committed capital across its two funds now stands at approximately $410 million, underscoring its significant presence and long-term commitment to fostering innovation in healthcare. Their investment philosophy emphasizes building enduring partnerships with visionary founders dedicated to solving healthcare's most pressing challenges.

Investor Profile

Optum Ventures has backed more than 90 startups, with 4 new investments in the last 12 months alone. The firm has led 33 rounds, about 37% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Singapore.
  • Strong thematic focus on Health Care, Medical, Wellness.
  • Led 1 rounds in the past year.
  • Typical check size: $2M – $20M.

Stage Focus

  • Series B (28%)
  • Series A (28%)
  • Series C (22%)
  • Series Unknown (8%)
  • Series D (7%)
  • Series E (2%)
  • Seed (2%)
  • Corporate Round (1%)
  • Pre Seed (1%)
  • Series F (1%)

Country Focus

  • United States (90%)
  • United Kingdom (4%)
  • Singapore (2%)
  • India (1%)
  • Belgium (1%)

Industry Focus

  • Health Care
  • Medical
  • Wellness
  • Mhealth
  • Health Diagnostics
  • Hospital
  • Information Technology
  • Mental Health
  • Artificial Intelligence (Ai)
  • Therapeutics
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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 Optum Ventures frequently co-invest with?

Google Ventures
North America, California, United States, Mountain View
Co-Investments: 6
Oak HC/FT
North America, Connecticut, United States, Greenwich
Co-Investments: 10
SV
Europe, Dublin, Ireland, Dublin
Co-Investments: 5
.406 Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 9
Deerfield
North America, New York, United States, New York
Co-Investments: 8
BoxGroup
North America, New York, United States, New York
Co-Investments: 5
Echo Health Ventures
North America, Washington, United States, Seattle
Co-Investments: 8
LRVHealth
North America, Massachusetts, United States, Boston
Co-Investments: 5
Sound Ventures
North America, California, United States, Beverly Hills
Co-Investments: 5
HLM Venture Partners
North America, Massachusetts, United States, Boston
Co-Investments: 7

Which angels does Optum Ventures often collaborate with?

JO
North America, Michigan, United States, Ann Arbor
Shared Deals: 1
JW
North America, United States
Shared Deals: 1
NR
North America, California, United States
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1
OH
North America, California, United States, Los Angeles
Shared Deals: 1
Daniel Gross
North America, California, United States, San Francisco
Shared Deals: 2
KD
North America, California, United States, Oakland
Shared Deals: 1
Shared Deals: 1
LA
North America, California, United States, San Francisco
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Optum Ventures?

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
LetsGetChecked

Atlanta, Georgia, United States

LetsGetChecked is an at-home health testing platform that connects customers to regulated laboratory testing.

BiotechnologyHealth CareHealth DiagnosticsHospitalMedicalmHealthWellness
Series FJan 8, 2025
Amount Raised: $165,000,000
Synapticure

Chicago, Illinois, United States

We provide neurodegenerative disease patients with expert MDs and 24/7 wrap around care, no matter where you live in the US

Health CareMedicalNeuroscienceWellness
Series ANov 19, 2024
Amount Raised: $25,000,000
Nema Health

New York, New York, United States

Nema provides comprehensive trauma care administered by PTSD-trained therapists.

Health CareMental HealthPersonal Health
Series ANov 1, 2024
Amount Raised: $14,500,000
Caresyntax

Boston, Massachusetts, United States

Caresyntax is a vendor neutral data-driven surgery platform that makes surgery smarter by reducing variability and improving efficency.

AnalyticsArtificial Intelligence (AI)Data VisualizationHealth CareMedicalSoftware
Series CAug 15, 2024
Amount Raised: $80,000,000
Heartbeat Health

New York, New York, United States

Heartbeat Health is a digital health company that utilizes technology to improve cardiovascular disease prevention and management.

Health CareHealth DiagnosticsMedicalmHealthTelehealth
Series CJul 9, 2024
Amount Raised: $24,999,997
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
Ambience Healthcare

San Francisco, California, United States

Ambience Healthcare is the leading AI operating system for healthcare organizations.

Artificial Intelligence (AI)Health CareInformation TechnologyMedical
Series BFeb 6, 2024
Amount Raised: $70,000,000
Nema Health

New York, New York, United States

Nema provides comprehensive trauma care administered by PTSD-trained therapists.

Health CareMental HealthPersonal Health
SeedNov 9, 2023
Amount Raised: $4,100,000
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