CVC  BlueCross BlueShield Venture Partners

http://bcbsvp.com/





     Office Locations:

225 N. Michigan Ave
Chicago, IL 60601
Phone: 312-297-6560

 

Stages:

  • Early
  • Expansion
  • Growth
  • Late
  • Seed


 

Industries:

  • Life Sciences & Healthcare

  •  

    Description:

    BlueCross BlueShield Venture Partners (BCBSVP) is a corporate venture fund program to which twenty-nine BCBS entities have committed over $500 million across three Funds. The Funds invest in promising emerging companies of strategic relevance to Blue Cross and/or Blue Shield Plans and provide access to its portfolio to deploy innovation at scale. BlueCross BlueShield Venture Partners is sponsored by the Blue Cross and Blue Shield Association (BCBSA), an association of independent Blue Cross and Blue Shield companies. BCBSVP's Funds make equity investments in companies that align with the strategies of its BCBS Plan investors. The Funds are stage-agnostic and typical investments range from $1M to $20M. BCBSA serves as the focal point for all three funds, providing governance and administration. Leadership of the funds comes from BCBSA as well participating Blue Plans. Sandbox Industries is the exclusive provider of investment management services to BlueCross BlueShield Venture Partners.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Bob Kolodgy President and Chairman
    John Banta Managing Director
    Scott Serota President and Chairman

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      07/30/2018


      Patientco


      GA


      $28,000,000


      Series B


      07/10/2018


      Lumiata


      CA


      $11,000,000


      Venture


      04/20/2018


      Contessa Health


      TN


      undisclosed


      


      04/12/2018


      Somatus


      VA


      $11,000,000


      Series B


     

    Portfolio companies include:


      AbilTo
        web link


      Axial Healthcare
        web link


      BeneStream
        web link


      Change Healthcare
        web link


      Contessa Health
        web link


      Essence Group Holdings
        web link


      EveryMove
        web link


      Healthify
        web link


      ID Experts
        web link


      Lumiata
        web link


      NaviHealth
        web link


      Patientco
        web link


      Payfone
        web link


      Picwell
        web link


      Solera Health
        web link


      Somatus
        web link


      ZeOmega


     

    Recent News: