Cobalt Ventures

Cobalt Ventures is the strategic venture capital arm of Blue Cross and Blue Shield of Kansas City, dedicated to investing in high-growth companies that align with its mission to enhance healthcare quality and outcomes. By leveraging its affiliation with a leading regional health plan, Cobalt Ventures offers portfolio companies unique industry insights and direct access to healthcare leaders, stakeholders, and subject matter experts. This strategic approach aims to drive innovation and value creation within the healthcare sector.

The firm focuses on a wide range of healthcare-related industries, including technology, digital health, biotechnology, medical devices, health IT, pharmaceuticals, health services, consumer health, health insurance, medical equipment, health and wellness, telemedicine, health analytics, and healthcare services. Cobalt Ventures invests across various stages, from seed to late-stage funding, with investment sizes ranging from $1 million to $10 million. This diverse approach allows the firm to support companies at different growth phases, fostering innovation and improvement in healthcare delivery.

Cobalt Ventures' investment strategy is centered on aligning the strategic priorities of payers and providers with the achievement of key commercial milestones for its portfolio companies. By acting as a catalyst for strategic engagement, the firm facilitates collaboration between entrepreneurs and corporate partners, driving a flywheel of value creation. This model not only aims to generate superior financial returns but also supports the broader goal of improving access, affordability, and quality of care for healthcare consumers.