BlueCross BlueShield Venture Partners

company

About

Blue Venture Fund is a corporate venture fund program to which twenty-nine BCBS entities have committed over $500 million across three funds

  • 11 - 50

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Jan 1, 2008
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
CVC,Venture Capital

BlueCross BlueShield Venture Partners (BCBSVP) is a corporate venture fund program to which twenty-nine BCBS entities have committed over $500 million across three Funds.

The Funds invest in promising emerging companies of strategic relevance to Blue Cross and/or Blue Shield Plans and provide access to its portfolio to deploy innovation at scale. The venture partners are sponsored by the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Sandbox Industries is the exclusive provider of investment management services to BlueCross BlueShield Venture Partners.

It was established in Chicago, Illinois in 2008.

Investments

Number of Investments
Number of Lead Investments
9
4
BlueCross BlueShield Venture Partners has made 9 investments. Their most recent investment was on Feb 22, 2022, when Somatus raised $325M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 22, 2022 Somatus
Series E $325M Health Care
Aug 16, 2021 Ultromics
Series B £23.70M Artificial Intelligence Yes
Jun 18, 2020 Prove
Series H $98.03M Cyber Security
Dec 17, 2018 SonarMD
Series A $10M Health Care Yes
Apr 10, 2018 Somatus
Series B $11M Health Care