Healthworx

Executive Summary

Healthworx is a venture capital firm focused on transforming the healthcare industry through strategic investments and partnerships. As the innovation and investment arm of CareFirst BlueCross BlueShield, Healthworx aims to improve healthcare quality, accessibility, and affordability by investing in startups that address critical healthcare problems. Their ecosystem includes Healthworx Studio, Healthworx Accelerator, Healthworx Ventures, and Healthworx Funds, each playing a unique role in fostering innovation and growth within the healthcare sector.

• Healthworx Ventures invests in startups driving progress in healthcare.
• They focus on integrating behavioral and physical health to improve outcomes.
• Healthworx Accelerator supports seed">pre-seed and seed-stage startups.
• Healthworx Studio builds and scales sustainable healthcare solutions.

Snapshot

Fund Size	N/A USD
Stages Focus	Pre-seed, Seed, Series A
Sectors Focus	Healthcare
Portfolio Size	4 companies

Investment Thesis

Healthworx's investment thesis is centered on supporting startups that are dedicated to solving critical healthcare problems and improving the overall healthcare experience. They focus on companies that align with their mission of making healthcare better for everyone.

• Target Founders: Innovators and entrepreneurs with a passion for transforming healthcare.
• Sectors: Primarily healthcare, with a focus on fintech, SaaS, AI/ML, and Web3 within the healthcare space.
• Stage: seed">Pre-seed and seed-stage startups.
• Check Size: Not publicly disclosed.
• Geography: National scale, with a strong presence in Maryland, Washington, D.C., and Northern Virginia.
• Deal Criteria: Companies that solve critical healthcare problems and improve access, outcomes, and equity.

Team & Activity

Active team contains 6 members (2 partners, 0 founders).

Frequently Asked Questions

• What is Healthworx?
  

  Healthworx is a corporate venture capital firm focused on transforming the healthcare industry through strategic investments and partnerships, operating as the innovation and investment arm of CareFirst BlueCross BlueShield.

• Where is Healthworx located?
  

  Healthworx is located in Baltimore, United States.

• When was Healthworx founded?
  

  The founding date of Healthworx is not publicly available.

• What type of investor is Healthworx?
  

  Healthworx is a corporate venture capital investor.

• What are the stages Healthworx invests in?
  

  Healthworx invests in Pre-seed, Seed, and Series A stages.

• What is the check size range for Healthworx?
  

  Healthworx's check size ranges from $4,000,000 to $20,000,000 USD.

• Does Healthworx accept cold outreach?
  

  No, Healthworx does not accept cold outreach.

• Does Healthworx invest in Healthcare?
  

  Yes, Healthworx actively invests in the Healthcare sector.

• Does Healthworx invest in the United States?
  

  Yes, Healthworx invests in companies based in the United States.

• What are some portfolio companies of Healthworx?
  

  Some portfolio companies of Healthworx include SafeRide Health, evolvedMD, Better Health, and RAAPID INC.

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