Oak HC/FT

As investments in health tech ventures start to gain momentum, STAT looks at five VCs behind some of the biggest recent deals. 💡 Simon Chong, Co-founder, Georgian - As one of three co-founders of Georgian, Chong helped lead the recent $100 million Series F investment in chronic care company Glooko. Over seven years, Glooko has expanded its endocrinology business and the number of insulin and glucose monitoring devices its software connects to. 💡 Seyonne Kang, Partner, StepStone Group - Private markets investment firm StepStone led womens’ health clinic Maven’s $125 million Series F round — Maven has so far raised about $425 million in total. 💡 Bryan Roberts, Partner, Venrock - Roberts was responsible for Venrock’s investment in AI-powered clinical note taker Suki, which recently raised a $70 million Series D. “AI will drastically change every industry, including health care, and the funding interest in Suki and the larger health tech market is a signal of the massive scale of change that is underway,” said Roberts. 💡 Julie Yoo, General partner at Andreessen Horowitz Bio+ Health - VC firm Andreessen Horowitz led the recent $31 million seed round for Alchemy — a tech company setting up pharmacies within federally qualified health centers and safety-net clinics — which also included NBA star and investor Magic Johnson. Yoo is focused on companies changing “how we access, pay for, and experience healthcare.” 💡 Nancy G. Brown, General partner at Oak HC/FT - The investment firm led digestive care company Oshi Health’s recent $60 million Series C round. Brown sourced the deal. She's focused on companies driving structural change in various ways. Read more about these investors and what exactly they're looking for: https://trib.al/EgPWz68 #healthtech #investment #venturecapital

Oak HC/FT's Annie Lamont joined Barry Ritholtz on Bloomberg Masters in Business for an insightful conversation, reflecting on her decision to focus on healthcare early in her career, launching Oak HC/FT, emerging trends in healthcare and fintech, and more. https://lnkd.in/dVhG75uV

Last week, we wrapped up another HLTH USA. It was an incredible few days connecting with so many passionate professionals dedicated to advancing healthcare, sparking thought-provoking discussions that will undoubtedly shape the future of our industry. A big thank you to the HLTH team and everyone who participated. Looking forward to next year!

Oak HC/FT is proud to be named to Inc. Magazine's Founder-Friendly Investors list for the third year in a row, which honors investors that have a successful track record of collaborating and remaining actively involved with the founders they invest in. https://lnkd.in/ebhzF2Xq

Last week, Oak HC/FT announced that we led the Series C for Oshi Health, a value based virtual care platform for gastrointestinal care, acting as an extension of brick and mortar practices and providing access to a multidisciplinary care team.    With their continued growth across employers and payers, Oshi is poised for hyper-growth, and we are humbled to be along for their journey. https://lnkd.in/ezF689TG

We are so happy for Zach Abrams on the news that Stripe is acquiring Oak HC/FT portfolio company Bridge. Together, Bridge and Stripe will accelerate the adoption and utility of tokenized dollars, making money easier to move, store, and spend for everyone, everywhere. Congratulations to the entire Bridge team!

Congratulations to Brad Smith and the entire CareBridge team on the news of their acquisition by Elevance Health that was announced this morning! Oak HC/FT is incredibly proud to have been part of the CareBridge story since the beginning, and we’re excited to watch the company continue to provide care as a part of Elevance. https://lnkd.in/eAa9js-J

This week, Oak HC/FT announced that we have invested $100M to support the launch of Auger, Dave Clark’s new company that is positioned to redefine supply chain management for customers in the defense, tech and government sectors.   Auger stands to change the way companies think about their supply chain management tech stack, and we are excited to build this company alongside Dave and his team. https://lnkd.in/ey5RvEpg 

Congratulations to Kate Ryder and the entire Maven Clinic team on $125 million in Series F funding. We’re proud to continue our support as they build on a decade of innovation for women and families.

Today, Oak HC/FT announced the launch of Dave Clark's new company, Auger, an AI-powered supply chain management software business that will change the way companies think about inventory management, forecasting, and planning. We are humbled to be a part of this next chapter in Dave’s journey. https://lnkd.in/giSc4Ase