The Blue Venture Fund - aVenture Asset Manager Research
Location
Chicago, IL, US
Founded
2008
The Blue Venture Fund is a collaborative investment initiative between Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association, and Sandbox. Focusing on healthcare technology, services, and clinical sciences, the fund invests in venture and growth opportunities. Their portfolio spans various investment stages, with a particular emphasis on Series A, B, and Seed rounds.
Notable portfolio companies include Change Healthcare, Phreesia, and Prove. The fund's unique structure, combining the resources of Blue Cross Blue Shield entities, allows it to offer valuable industry insights and connections to its portfolio companies. Managed by Sandbox, an independent firm, the Blue Venture Fund leverages its healthcare expertise to support innovative startups in the healthcare sector.
The Blue Venture Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages