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CVS Health Ventures led a minority investment in Wayspring to expand its Substance Use Disorder (SUD) Home Program.

Arden Garceau supports capital deployment strategy and financial reporting at CVS Health Ventures, with a primary focus on external limited partner funds. She utilizes her treasury background to streamline the team’s funding operations and documentation.

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Baba secures $40 million in Series A funding to develop AI-driven Medicare and Medicaid patient navigation. The company connects patients with care coordinators and therapists, serving over 10,000 patients while supporting 100,000 families on its waiting list. FirstMark Capital leads the round, with participation from CVS Health Ventures, Valtruis, and returning investors. Baba also partners with health plans and government agencies, including selection for the CMS 10-year ACCESS model. The funding will accelerate research, expand payer partnerships, and advance value-based care arrangements.

Oct 2026Fierce HealthcareNews article

Abby Care secures $82 million in funding to formalize and compensate family members for caregiving roles. The platform connects immigrant families with healthcare navigation services, addressing gaps in medical support. Founder Havi Nguyen’s personal experience—balancing school with Medicaid paperwork for her immigrant family—inspired the solution.

Oct 2026FortuneNews article

CVS Health Ventures expands its investment scope beyond healthcare, blending financial rigor with strategic initiatives to support CVS Health’s broader goals. The unit has grown from a $100 million venture fund into a more expansive investment platform. Its mandate now includes driving transformative change across the company’s operations.

Sep 2026Global VenturingNews article

Thyme Care raises $125 million in a Series E round at a valuation above $2 billion, led by Morgan Health with Humana and CVS Health Ventures participating. The virtual cancer-navigation company offers services to more than 10.5 million people across all 50 states, manages over $7 billion in oncology spend, and reports profitability with positive free cash flow. Its new parent, Thyme Companies, plans businesses focused on cancer-drug affordability and clinical-trial access, with its first business expected to launch later this year.

Sep 2026CNBC TechNews article