
Optum Ventures
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
Frequently Asked Questions
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