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The Blue Venture Fund

Venture CapitalModerate

The Blue Venture Fund is a corporate venture fund program to which BCBS.

Chicago, United StatesFounded 2014blueventurefund.com/
6
Investments
5
Exits
$750M
AUM
83.3%
Exit Rate

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Investment Thesis & Strategy

Blue Venture Fund invests in various stages across the healthcare industry, seeking to partner with innovative companies that align with BCBS's strategic goals.

Investment Activity

Deals per year over the last 6 years

3
2016
1
2017
2
2018
3
2019
0
2020
3
2021

Portfolio Companies

Selected investments from their portfolio of 6 companies

J
Jasper Health
Healthcare · Series A, 2021
Active
N
NeuroFlow
Healthcare · Series B, 2021
Active
L
LetsGetChecked
Healthcare · Growth, 2021
Active
D
DispatchHealth
Healthcare · Growth, 2019
Active
C
Cityblock Health
Healthcare · Growth, 2019
Active
V
VillageMD
Healthcare · Growth, 2019
Active
A
American Oncology Network
Healthcare · Growth, 2018
Active
O
OODA Health
Healthcare · Series B, 2018
Active
V
Virta Health
Healthcare · Growth, 2017
Active
B
Bright Health
Healthcare · Growth, 2016
Active
L
Livongo
Healthcare · Growth, 2016
Active
P
PatientPop
Healthcare · Growth, 2016
Active

Notable Exits

CompanyTypeYearValue / Acquirer
LetsGetCheckedAcquisition2024
VillageMDAcquisition2023$5.5B
Bright HealthIPO2021$3.5B
American WellIPO2020$1.5B
LivongoIPO2019$4B

Frequently Asked Questions

The Blue Venture Fund focuses on Series A, Series B, Series C+ stage investments.

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