CVS Health Ventures

Corporate VC Rhode Island, United States ·Founded 2021

Overview

CVS Health Ventures is the corporate venture capital arm of CVS Health, focusing on investments in early-stage companies that aim to make healthcare more accessible, affordable, and simpler. Launched in April 2021 with an initial allocation of $100 million, the fund seeks to partner with high-potential companies in the healthcare sector, particularly those leveraging technology to innovate and disrupt digital healthcare. By investing in these companies, CVS Health Ventures aims to accelerate the development and scaling of innovative solutions that align with CVS Health's core strategy and enhance the consumer health experience. The fund's portfolio includes investments in companies such as Unite Us, a technology platform connecting healthcare and social services providers, and LumiraDx, an innovative point-of-care diagnostic platform. Through these investments, CVS Health Ventures demonstrates its commitment to fostering innovation in healthcare and improving health outcomes for consumers.

Investment Focus

  • Focus on healthcare-related innovations
  • Technology-enabled solutions
  • Alignment with CVS Health's core strategy
  • Early-stage companies
  • Potential for scalability and impact in the healthcare sector

Portfolio Companies

Unite UsLumiraDx

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Frequently asked questions about CVS Health Ventures

What sectors does CVS Health Ventures invest in?

CVS Health Ventures invests in Healthcare, Digital Health, Pharmaceuticals, Medical Devices, Diagnostics and Biotechnology, and is based in Rhode Island, United States. CVS Health Ventures is listed as a corporate vc in the ConnectSafely investor database.

What stage does CVS Health Ventures invest at?

CVS Health Ventures backs companies at Seed, Early Stage, Growth and Late Stage, writing cheques of 1M - 50M.

Which regions does CVS Health Ventures invest in?

CVS Health Ventures invests across United States.

What companies has CVS Health Ventures invested in?

CVS Health Ventures's portfolio includes Unite Us and LumiraDx.

Last updated · Source: ConnectSafely investor database