About CVS Health Ventures
CVS Health Ventures is a venture capital firm founded in 2021. It is primarily based out of Woonsocket, United States. As of May 2025, CVS Health Ventures is an active investor, having invested in 18 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Enterprise Applications and Consumer. Most recently it led the $10M Series A round of Kouper Health along with General Catalyst. This round also saw participation from Madison.
Overall, CVS Health Ventures portfolio has seen 3 unicorns and 1 acquisition including key companies like Maven, Vita Health and Thirty Madison. A lot of funds co-invest with CVS Health Ventures, with names like General Catalyst sharing a substantial percentage of its portfolio.
CVS Health Ventures has team of 24 people including 5 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series C &
Portfolio Acquisitions
Portfolio Unicorns
Main Street, Maven &
Portfolio Soonicorns
Deals in last 12 months
CVS Health Ventures' List of Top Investments
CVS Health Ventures has a portfolio of 18 companies, including 3 unicorns. Their most notable investments are in Kouper Health and Thrive Health Tech.Their portfolio spans across and United States. They have invested in HealthTech, Enterprise Applications, Consumer听补苍诲 2 other sectors, across stages such as Series A, Series C 听补苍诲 4 more. Here is the list of top investments by CVS Health Ventures:
1. Maven
Maven is a telemedicine app that caters to the healthcare needs of women. The platform allows users to ask questions to doctors, browse health discussions, or book a video appointment with health practitioner physicians, physical therapists and nurse practitioners to provide services through the app. The platform offers healthcare information for women of childbearing age such as trouble conceiving, pregnancy and postpartum issues which are lactation, pelvic rehabilitation, and depression.
Key facts about Maven
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $1.7B as on Oct 08, 2024
- Stage: Series F
- Total Funding till date: $425M
- Investors: Spring Mountain Capital, Icon Ventures and 54 Others
- Latest Funding Round: Series F, Oct 08, 2024, $125M
- Highlight: Editors' Pick
_1555586779194.png?format=webp&height=120&width=120){kind=logo}
{}
Key facts about Strive Health
- Founded Year: 2008
- Location: Denver (United States)
- Stage: Series C
- Total Funding till date: $306M
- Employee Count: 668 as on Dec 31, 2023
- Investors: New Enterprise Associates, CapitalG and 8 Others
- Latest Funding Round: Series C, May 31, 2023, $166M
- Highlight: Editors' Pick
3. Thyme Care
Key facts about Thyme Care
- Founded Year: 2020
- Location: Nashville (United States)
- Stage: Series C
- Total Funding till date: $178M
- Investors: Foresite Capital, Casdin Capital and 12 Others
- Latest Funding Round: Conventional Debt, Jul 24, 2024, $40M
- Highlight: Editors' Pick
4.
Key facts about Cortica
- Founded Year: 2015
- Location: San Diego (United States)
- Stage: Series D
- Total Funding till date: $296M
- Employee Count: 296 as on Dec 31, 2021
- Investors: Deerfield, Longitude Capital and
- Latest Funding Round: Series D, Nov 08, 2024, $81M
5.
Workit is a mobile platform for sobriety maintenance. It provides users with 24-hour access to written and audio-driven therapeutic tools, an adaptive learning component, and a social environment for recovery support. The platform helps recovering addicts and alcoholics' by enabling them to immediately access help from other addicts and victims in the community.
Key facts about Workit Health
- Founded Year: 2015
- Location: Bakersfield (United States)
- Stage: Series C
- Total Funding till date: $132M
- Employee Count: 58 as on Dec 31, 2022
- Investors: Insight Partners, RRE Ventures and
- Latest Funding Round: Series C, Sep 07, 2021, $118M
- Highlight: Editors' Pick
CVS Health Ventures' Year-on-Year Investment Trends
CVS Health Ventures has invested in 18 companies over the last 4 years, with an average of 5 new investments annually in the last 3 years. In 2024, it made 6 investments, while as of May 2025, it has made 1 investment in this year. Its most recent first time investment was in Kouper Health and most recent follow-on round was in Oshi.
Year | No. of Investments | ||
|---|---|---|---|
1st听搁辞耻苍诲 | Follow-on | Total | |
2025 (YTD) | 1 | 0 | 1 |
2024 | 4 | 2 | 6 |
2023 | 5 | 2 | 7 |
2022 | 4 | 0 | 4 |
2021 | 2 | 0 | 2 |
Get CVS Health Ventures' portfolio delivered to your inbox!
CVS Health Ventures' Investments by Stage
CVS Health Ventures has made 6 investments in Series A stage with an average round size of $22.9M, 3 investments in Series C stage with an average round size of $220M and 2 investments in Seed stage with an average round size of $7M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Series C | 3 |
Seed | 2 |
Series B | 2 |
Series D | 2 |
Others | 1 |
CVS Health Ventures' Investments by Sector
CVS Health Ventures has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Healthcare, Consumer and Vertical SaaS. Notably, it has invested in 11 Tech companies, 10 Software companies, 8 Enterprise (B2B) companies and at least 6 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
HealthTech | 9 |
Enterprise Applications | 7 |
Healthcare | 6 |
Consumer | 2 |
Vertical SaaS | 2 |
Others | 3 |
CVS Health Ventures' Investments by Geography
CVS Health Ventures has made most investments in United States (16).
CVS Health Ventures' recent investments
Here are the most recent investments by CVS Health Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 08, 2025 | United States | Series A | $10M | General Catalyst [+1] | |
Oct 16, 2024 | United States | Series C | $60M | [+5] | |
Sep 09, 2024 | United States | Series A | $40.1M | [+6] | |
Jul 11, 2024 | United States | Series C | $55M | ||
May 28, 2024 | United States | Series B | Undisclosed |
Get the detailed list of all investments by CVS Health Ventures. Download now!Unicorns in CVS Health Ventures' Portfolio
Here is a list of unicorns in CVS Health Ventures' portfolio:
秘密研究所 Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
30 | Value-based healthcare company focused on serving rural areas | 2021 | Nashville | Series D | lmjerbl | ||
73 | Virtual clinic and care platform for fertility, pregnancy, and parenting | 2014 | New York City | Series F | qvedgfv | ||
44 | Healthcare platform offers various brands and personalized treatments | 2017 | New York City | Series C | el{cwff |
Acquired companies in CVS Health Ventures' Portfolio
Here are CVS Health Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 04, 2025 | Jan 10, 2024 | Series A | $22.5M |
Team profile of CVS Health Ventures
CVS Health Ventures has a team of 24 members听颈苍肠濒耻诲颈苍驳 5 Partners and 5 Principals聽located in United States. CVS Health Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in CVS Health Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Boston | - | - | |
Partner | Philadelphia | - | - | |
Partner | New York City | - | - | |
Partner | Boston | - | - | |
Partner | Boston | - | - | |
Principal | Philadelphia | - | - | |
Principal | Boston | - | - | |
Principal | Philadelphia | - | - | |
Principal | United States | - | - | |
Principal | Las Vegas | - | - | |
Associate | Hartford | - | - |
Get the full list of CVS Health Ventures' team & partners for free. Download now!Co-investors of CVS Health Ventures
Over the past 4 years, 130 investors have co-invested in CVS Health Ventures's portfolio companies.
- Invested before CVS Health Ventures:听Lux Capital, Frist Cressey Ventures and 76 others have invested in rounds before CVS Health Ventures. There are 3 companies where Lux Capital has invested before CVS Health Ventures and 3 companies where Frist Cressey Ventures has invested before CVS Health Ventures.
- Top Co-investors of CVS Health Ventures:听43 investors entered a company along with CVS Health Ventures. These include investors like General Catalyst (2 companies).
- Invested after CVS Health Ventures:听A total of 9 investors have invested in CVS Health Ventures's portfolio after their investments. Top Investors include StepStone Group (1 company), Banc of California (1 company) and Concord Health Partners (1 company).
Get full list of CVS Health Ventures' co-investors delivered to your inbox!
Recent News related to CVS Health Ventures
鈥�
PR Newswire鈥�Jun 12, 2025鈥�Ellipsis Health, Salesforce, Khosla Ventures, CVS Health Ventures and 4 others
鈥�
鈥�
鈥�
鈥�
鈥�
鈥�
TradingView鈥�Feb 17, 2025鈥�Abridge Inc, , Indus Valley Partners, Bessemer Venture Partners and 21 others
鈥�
Finextra鈥�Feb 06, 2025鈥�Flare Capital Partners, CVS Health Ventures, McKesson Ventures, .406 Ventures and 7 others
鈥�
鈥�
