BlueCross BlueShield Venture Partners

BlueCross BlueShield Venture Partners is a corporate venture fund sponsored by the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. The fund invests in emerging companies that are strategically relevant to Blue Cross and Blue Shield Plans, aiming to drive innovation and improve healthcare delivery.

The fund focuses on various stages of investment, including seed, early stage, growth, late stage, pre-IPO, buyout, turnaround, and distressed situations. It has a broad geographical focus, investing in companies across the United States and Australia. The industries of interest encompass healthcare, health technology, artificial intelligence, Internet of Things, and data science.

With a minimum investment size of $1 million and a maximum of $20 million, BlueCross BlueShield Venture Partners seeks to provide capital and strategic support to companies that align with the strategies of its BCBS Plan investors. The fund partners with market-leading CEOs to offer strategic guidance, partnership introductions, strategic sales support, and board oversight, leveraging its extensive network to drive significant revenue, distribution, and partnership opportunities for its portfolio companies.